Ateljee 34: 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.
Ateljee 34
Largest movements
- Cash +€39,081
up €39,081 (+57.0%), from €68,518 to €107,599
mainly Net result for the year (+€36,965) and Depreciation (+€22,710)
- Reserves +€36,132
up €36,132 (+19.5%), from €185,004 to €221,136
- Tax, wage and social debts +€11,080
up €11,080 (+475.0%), from €2,332 to €13,412
- Debts after one year -€10,734
down €10,734 (-3.8%), from €283,024 to €272,290
- Trade debts +€6,448
up €6,448 (+296.6%), from €2,174 to €8,622
- Depreciation -€37,014
down €37,014 (-62.0%), from €59,725 to €22,710
- Taxes +€6,640
up €6,640 (+76.1%), from €8,725 to €15,365
- Gross operating margin -€5,610
down €5,610 (-6.4%), from €88,027 to €82,417
- Financial income -€4,649
down €4,649 (-32.5%), from €14,312 to €9,662
of which Non-recurring financial income: -€4,648
- Financial charges +€2,355
up €2,355 (+17.2%), from €13,728 to €16,083
of which Financial charges: +€2,672
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €493,688 | €540,376 | +€46,688 | +9.5% |
| Fixed assets | 21/28 | €371,724 | €368,560 | -€3,164 | -0.9% |
| Tangible fixed assets | 22/27 | €371,724 | €368,560 | -€3,164 | -0.9% |
| Land and buildings | 22 | €353,280 | €340,827 | -€12,452 | -3.5% |
| Plant, machinery and equipment | 23 | €9,652 | €10,994 | +€1,342 | +13.9% |
| Furniture and vehicles | 24 | €8,792 | €16,738 | +€7,946 | +90.4% |
| Current assets | 29/58 | €121,964 | €171,816 | +€49,852 | +40.9% |
| Amounts receivable within one year | 40/41 | €29,939 | €34,819 | +€4,880 | +16.3% |
| Trade receivables | 40 | €21,585 | €23,742 | +€2,157 | +10.0% |
| Other amounts receivable | 41 | €8,354 | €11,077 | +€2,723 | +32.6% |
| Current investments | 50/53 | €19,595 | €24,719 | +€5,124 | +26.2% |
| Cash at bank and in hand | 54/58 | €68,518 | €107,599 | +€39,081 | +57.0% |
| Deferred charges and accrued income | 490/1 | €3,912 | €4,679 | +€767 | +19.6% |
| Total equity and liabilities | 10/49 | €493,688 | €540,376 | +€46,688 | +9.5% |
| Equity | 10/15 | €191,204 | €227,336 | +€36,132 | +18.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €185,004 | €221,136 | +€36,132 | +19.5% |
| Distributable reserves | 133 | €185,004 | €221,136 | +€36,132 | +19.5% |
| Amounts payable | 17/49 | €302,484 | €313,040 | +€10,556 | +3.5% |
| Amounts payable after more than one year | 17 | €283,024 | €272,290 | -€10,734 | -3.8% |
| Financial debts | 170/4 | €283,024 | €272,290 | -€10,734 | -3.8% |
| Amounts payable within one year | 42/48 | €17,617 | €38,863 | +€21,245 | +120.6% |
| Current portion of amounts payable after more than one year | 42 | €10,319 | €10,734 | +€415 | +4.0% |
| Trade debts | 44 | €2,174 | €8,622 | +€6,448 | +296.6% |
| Suppliers | 440/4 | €2,174 | €8,622 | +€6,448 | +296.6% |
| Taxes, remuneration and social security | 45 | €2,332 | €13,412 | +€11,080 | +475.0% |
| Taxes | 450/3 | €2,332 | €13,412 | +€11,080 | +475.0% |
| Other amounts payable | 47/48 | €2,792 | €6,094 | +€3,302 | +118.3% |
| Accrued charges and deferred income | 492/3 | €1,842 | €1,887 | +€45 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,725 | €22,710 | -€37,014 | -62.0% |
| Other operating charges | 640/8 | €1,762 | €956 | -€806 | -45.7% |
| Gross operating margin | 9900 | €88,027 | €82,417 | -€5,610 | -6.4% |
| Operating profit (loss) | 9901 | €26,540 | €58,750 | +€32,211 | +121.4% |
| Financial income | 75/76B | €14,312 | €9,662 | -€4,649 | -32.5% |
| Recurring financial income | 75 | €502 | €500 | -€2 | -0.4% |
| Non-recurring financial income | 76B | €13,810 | €9,162 | -€4,648 | -33.7% |
| Financial charges | 65/66B | €13,728 | €16,083 | +€2,355 | +17.2% |
| Recurring financial charges | 65 | €13,070 | €15,742 | +€2,672 | +20.4% |
| Non-recurring financial charges | 66B | €658 | €341 | -€317 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €27,124 | €52,330 | +€25,206 | +92.9% |
| Income taxes | 67/77 | €8,725 | €15,365 | +€6,640 | +76.1% |
| Profit (loss) for the period | 9904 | €18,399 | €36,965 | +€18,566 | +100.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,399 | €36,965 | +€18,566 | +100.9% |
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 7 October 2026 via checked.be.