ATELJEE: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
ATELJEE
NACE 88.993, Social work activities without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€860,427
2024 · €37,727-€898,154
Equity
€8.1m
2024 · €8.4m-€272,268
Cash
€1.6m
2024 · €1.1m+€508,781
Balance sheet total
€17.1m
2024 · €16.8m+€370,836
Largest movements
Assets
- Current investments -€800,000
down €800,000 (-27.6%), from €2.9m to €2.1m
- Tangible fixed assets +€633,837
up €633,837 (+6.1%), from €10.4m to €11.1m
of which Assets under construction and advance payments: +€337,520
- Cash +€508,781
up €508,781 (+47.6%), from €1.1m to €1.6m
mainly Depreciation (+€1.2m) and Current investments (+€800,000)
Equity and liabilities
- Profit (loss) carried forward -€691,382
down €691,382 (-9.8%), from €7.1m to €6.4m
- Tax, wage and social debts +€571,793
up €571,793 (+31.7%), from €1.8m to €2.4m
of which Remuneration and social security: +€493,982
- Reserves +€249,203
up €249,203 (+36.8%), from €676,658 to €925,861
Income statement
- Staff costs +€5.1m
up €5.1m (+36.3%), from €13.9m to €19.0m
- Turnover +€1.9m
up €1.9m (+21.7%), from €8.8m to €10.7m
- Services and other goods +€564,977
up €564,977 (+22.0%), from €2.6m to €3.1m
- Other operating income +€348,733
up €348,733 (+23.2%), from €1.5m to €1.9m
- Depreciation +€267,713
up €267,713 (+29.3%), from €914,118 to €1.2m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€37,727
Turnover
+€1.9m
Other operating income
+€348,733
Goods and materials
-€10,726
Services and other goods
-€564,977
Staff costs
-€5.1m
Depreciation
-€267,713
Write-downs
-€5,145
Other operating charges
-€6,292
Other operating items
+€2.9m
Financial income
-€58,593
Financial charges
-€64,681
Taxes
+€18,556
Result 2025
-€860,427
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€916,889
Investment
-€1.0m
Financing
+€610,442
Cash 2024
€1.1m
From operations (derived)
+€916,889
Net result for the year
-€860,427
Depreciation
+€1.2m
Stocks and contracts
-€25,472
Receivables within one year
+€40,273
Deferred charges and accrued income
-€40,137
Trade debts
-€84,068
Tax, wage and social debts
+€571,793
Advances received
+€136,104
Accrued charges and deferred income
-€3,008
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.8m
Current investments
+€800,000
Financing
+€610,442
Debts after one year
-€97,308
Current portion of long-term debt
+€119,591
Contributions, distributions and other
+€588,159
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,757,960 | €17,128,796 | +€370,836 | +2.2% |
| Fixed assets | 21/28 | €10,698,954 | €11,335,673 | +€636,719 | +6.0% |
| Intangible fixed assets | 21 | €44,394 | €48,250 | +€3,856 | +8.7% |
| Tangible fixed assets | 22/27 | €10,431,936 | €11,065,773 | +€633,837 | +6.1% |
| Land and buildings | 22 | €9,605,243 | €9,544,152 | -€61,091 | -0.6% |
| Plant, machinery and equipment | 23 | €609,500 | €866,145 | +€256,645 | +42.1% |
| Furniture and vehicles | 24 | €40,064 | €75,418 | +€35,354 | +88.2% |
| Leasing and similar rights | 25 | €68,968 | €145,558 | +€76,590 | +111.1% |
| Other tangible fixed assets | 26 | €108,161 | €96,980 | -€11,181 | -10.3% |
| Assets under construction and advance payments | 27 | - | €337,520 | +€337,520 | |
| Financial fixed assets | 28 | €222,624 | €221,650 | -€974 | -0.4% |
| Other financial fixed assets | 284/8 | €222,624 | €221,650 | -€974 | -0.4% |
| Shares | 284 | €158,222 | €158,522 | +€300 | +0.2% |
| Amounts receivable and cash guarantees | 285/8 | €64,402 | €63,128 | -€1,274 | -2.0% |
| Current assets | 29/58 | €6,059,006 | €5,793,123 | -€265,883 | -4.4% |
| Stocks and contracts in progress | 3 | €677,810 | €703,282 | +€25,472 | +3.8% |
| Stocks | 30/36 | €677,810 | €703,282 | +€25,472 | +3.8% |
| Goods purchased for resale | 34 | €677,810 | €703,282 | +€25,472 | +3.8% |
| Amounts receivable within one year | 40/41 | €1,191,510 | €1,151,237 | -€40,273 | -3.4% |
| Trade receivables | 40 | €525,932 | €398,929 | -€127,003 | -24.1% |
| Other amounts receivable | 41 | €665,578 | €752,308 | +€86,730 | +13.0% |
| Current investments | 50/53 | €2,900,000 | €2,100,000 | -€800,000 | -27.6% |
| Cash at bank and in hand | 54/58 | €1,068,390 | €1,577,171 | +€508,781 | +47.6% |
| Deferred charges and accrued income | 490/1 | €221,296 | €261,433 | +€40,137 | +18.1% |
| Total equity and liabilities | 10/49 | €16,757,960 | €17,128,796 | +€370,836 | +2.2% |
| Equity | 10/15 | €8,401,418 | €8,129,150 | -€272,268 | -3.2% |
| Contributions | 10/11 | €371,755 | €371,755 | = | 0.0% |
| Capital | 10 | €371,755 | €371,755 | = | 0.0% |
| Reserves | 13 | €676,658 | €925,861 | +€249,203 | +36.8% |
| Profit (loss) carried forward | 14 | €7,086,496 | €6,395,114 | -€691,382 | -9.8% |
| Investment grants | 15 | €266,509 | €436,420 | +€169,911 | +63.8% |
| Provisions and deferred taxes | 16 | €452,800 | €452,800 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €452,800 | €452,800 | = | 0.0% |
| Major repairs and maintenance | 162 | €452,800 | €452,800 | = | 0.0% |
| Amounts payable | 17/49 | €7,903,742 | €8,546,846 | +€643,104 | +8.1% |
| Amounts payable after more than one year | 17 | €4,966,299 | €4,868,991 | -€97,308 | -2.0% |
| Financial debts | 170/4 | €4,966,299 | €4,868,991 | -€97,308 | -2.0% |
| Leasing and similar obligations | 172 | €41,324 | €69,235 | +€27,911 | +67.5% |
| Credit institutions | 173 | €4,924,975 | €4,799,756 | -€125,219 | -2.5% |
| Amounts payable within one year | 42/48 | €2,843,689 | €3,587,109 | +€743,420 | +26.1% |
| Current portion of amounts payable after more than one year | 42 | €454,140 | €573,731 | +€119,591 | +26.3% |
| Trade debts | 44 | €563,433 | €479,365 | -€84,068 | -14.9% |
| Suppliers | 440/4 | €563,433 | €479,365 | -€84,068 | -14.9% |
| Advances received on contracts in progress | 46 | €21,646 | €157,750 | +€136,104 | +628.8% |
| Taxes, remuneration and social security | 45 | €1,804,470 | €2,376,263 | +€571,793 | +31.7% |
| Taxes | 450/3 | €255,359 | €333,170 | +€77,811 | +30.5% |
| Remuneration and social security | 454/9 | €1,549,111 | €2,043,093 | +€493,982 | +31.9% |
| Accrued charges and deferred income | 492/3 | €93,754 | €90,746 | -€3,008 | -3.2% |
| Operating income | 70/76A | €19,585,673 | €24,735,612 | +€5.1m | +26.3% |
| Turnover | 70 | €8,765,694 | €10,664,761 | +€1.9m | +21.7% |
| Other operating income | 74 | €1,504,590 | €1,853,323 | +€348,733 | +23.2% |
| Non-recurring operating income | 76A | €6,000 | €40,130 | +€34,130 | +568.8% |
| Operating charges | 60/66A | €19,499,488 | €25,442,863 | +€5.9m | +30.5% |
| Goods for resale, raw materials and consumables | 60 | €2,046,076 | €2,056,802 | +€10,726 | +0.5% |
| Purchases | 600/8 | €1,965,124 | €2,049,128 | +€84,004 | +4.3% |
| Change in stocks: decrease (increase) | 609 | €80,952 | €7,674 | -€73,278 | -90.5% |
| Services and other goods | 61 | €2,569,764 | €3,134,741 | +€564,977 | +22.0% |
| Remuneration, social security and pensions | 62 | €13,927,436 | €18,980,835 | +€5.1m | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €914,118 | €1,181,831 | +€267,713 | +29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,145 | - | +€5,145 | |
| Other operating charges | 640/8 | €42,446 | €48,738 | +€6,292 | +14.8% |
| Non-recurring operating charges | 66A | €4,793 | €39,916 | +€35,123 | +732.8% |
| Operating profit (loss) | 9901 | €86,185 | -€707,251 | -€793,436 | |
| Financial income | 75/76B | €111,843 | €53,250 | -€58,593 | -52.4% |
| Recurring financial income | 75 | €111,843 | €53,250 | -€58,593 | -52.4% |
| Income from financial fixed assets | 750 | - | €54 | +€54 | |
| Income from current assets | 751 | €105,388 | €47,323 | -€58,065 | -55.1% |
| Other financial income | 752/9 | €6,455 | €5,873 | -€582 | -9.0% |
| Financial charges | 65/66B | €127,791 | €192,472 | +€64,681 | +50.6% |
| Recurring financial charges | 65 | €127,791 | €192,472 | +€64,681 | +50.6% |
| Debt charges | 650 | €83,392 | €131,195 | +€47,803 | +57.3% |
| Other financial charges | 652/9 | €44,399 | €61,277 | +€16,878 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €70,237 | -€846,473 | -€916,710 | |
| Income taxes | 67/77 | €32,510 | €13,954 | -€18,556 | -57.1% |
| Taxes | 670/3 | €32,510 | €13,954 | -€18,556 | -57.1% |
| Profit (loss) for the period | 9904 | €37,727 | -€860,427 | -€898,154 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,727 | -€860,427 | -€898,154 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.