ATELJEE MAES: what changed
Two financial 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 MAES
Largest movements
- Receivables within one year +€46,631
up €46,631 (+47.3%), from €98,486 to €145,118
of which Other amounts receivable: +€39,130
- Cash +€12,746
up €12,746 (+18.0%), from €70,948 to €83,694
mainly Net result for the year (+€213,534) and Other debts (+€39,645)
- Tangible fixed assets -€8,723
down €8,723 (-14.4%), from €60,635 to €51,912
of which Furniture and vehicles: -€22,007
- Stocks and contracts +€3,836
up €3,836 (+6.7%), from €57,465 to €61,300
- Other debts +€39,645
up €39,645 (+19.9%), from €199,670 to €239,315
- Reserves +€13,534
up €13,534 (+309%), from €4,384 to €17,918
of which Distributable reserves: +€13,534
- Trade debts +€10,130
up €10,130 (+32.3%), from €31,327 to €41,458
- Debts after one year -€7,554
down €7,554 (-100%), from €7,554 to €0
- Staff costs -€113,572
down €113,572 (-41.8%), from €271,605 to €158,034
- Gross operating margin -€101,826
down €101,826 (-19.8%), from €513,582 to €411,757
- Financial charges -€15,159
down €15,159 (-79.6%), from €19,055 to €3,896
of which Non-recurring financial charges: -€14,386
- Depreciation -€11,726
down €11,726 (-28.4%), from €41,285 to €29,559
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.
Derived cash bridge
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 | €289,074 | €343,701 | +€54,627 | +18.9% |
| Fixed assets | 21/28 | €60,710 | €51,987 | -€8,723 | -14.4% |
| Tangible fixed assets | 22/27 | €60,635 | €51,912 | -€8,723 | -14.4% |
| Land and buildings | 22 | €4,228 | €2,818 | -€1,409 | -33.3% |
| Plant, machinery and equipment | 23 | €15,072 | €29,766 | +€14,693 | +97.5% |
| Furniture and vehicles | 24 | €41,335 | €19,328 | -€22,007 | -53.2% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €228,364 | €291,714 | +€63,350 | +27.7% |
| Stocks and contracts in progress | 3 | €57,465 | €61,300 | +€3,836 | +6.7% |
| Stocks | 30/36 | €57,465 | €61,300 | +€3,836 | +6.7% |
| Amounts receivable within one year | 40/41 | €98,486 | €145,118 | +€46,631 | +47.3% |
| Trade receivables | 40 | €93,651 | €101,152 | +€7,501 | +8.0% |
| Other amounts receivable | 41 | €4,835 | €43,966 | +€39,130 | +809% |
| Cash at bank and in hand | 54/58 | €70,948 | €83,694 | +€12,746 | +18.0% |
| Deferred charges and accrued income | 490/1 | €1,465 | €1,602 | +€136 | +9.3% |
| Total equity and liabilities | 10/49 | €289,074 | €343,701 | +€54,627 | +18.9% |
| Equity | 10/15 | €5,351 | €18,885 | +€13,534 | +253% |
| Contributions | 10/11 | €966 | €966 | = | 0.0% |
| Reserves | 13 | €4,384 | €17,918 | +€13,534 | +309% |
| Non-distributable reserves | 130/1 | €97 | €97 | = | 0.0% |
| Reserves not available under the articles | 1311 | €97 | €97 | = | 0.0% |
| Distributable reserves | 133 | €4,288 | €17,822 | +€13,534 | +316% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €283,723 | €324,816 | +€41,093 | +14.5% |
| Amounts payable after more than one year | 17 | €7,554 | €0 | -€7,554 | -100% |
| Financial debts | 170/4 | €7,554 | €0 | -€7,554 | -100% |
| Amounts payable within one year | 42/48 | €276,170 | €324,816 | +€48,647 | +17.6% |
| Current portion of amounts payable after more than one year | 42 | €7,420 | €7,554 | +€133 | +1.8% |
| Financial debts | 43 | €16,138 | €16,013 | -€125 | -0.8% |
| Credit institutions | 430/8 | €16,138 | €16,013 | -€125 | -0.8% |
| Trade debts | 44 | €31,327 | €41,458 | +€10,130 | +32.3% |
| Suppliers | 440/4 | €31,327 | €41,458 | +€10,130 | +32.3% |
| Taxes, remuneration and social security | 45 | €21,614 | €20,477 | -€1,137 | -5.3% |
| Taxes | 450/3 | €9,834 | €15,920 | +€6,086 | +61.9% |
| Remuneration and social security | 454/9 | €11,781 | €4,557 | -€7,223 | -61.3% |
| Other amounts payable | 47/48 | €199,670 | €239,315 | +€39,645 | +19.9% |
| Remuneration, social security and pensions | 62 | €271,605 | €158,034 | -€113,572 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,285 | €29,559 | -€11,726 | -28.4% |
| Other operating charges | 640/8 | €8,516 | €4,143 | -€4,374 | -51.4% |
| Gross operating margin | 9900 | €513,582 | €411,757 | -€101,826 | -19.8% |
| Operating profit (loss) | 9901 | €192,176 | €220,021 | +€27,846 | +14.5% |
| Financial income | 75/76B | €7,900 | €3,020 | -€4,880 | -61.8% |
| Recurring financial income | 75 | €7,900 | €3,020 | -€4,880 | -61.8% |
| Financial charges | 65/66B | €19,055 | €3,896 | -€15,159 | -79.6% |
| Recurring financial charges | 65 | €4,668 | €3,896 | -€772 | -16.5% |
| Non-recurring financial charges | 66B | €14,386 | €0 | -€14,386 | -100% |
| Profit (loss) for the period before taxes | 9903 | €181,021 | €219,145 | +€38,124 | +21.1% |
| Income taxes | 67/77 | €5,849 | €5,612 | -€238 | -4.1% |
| Profit (loss) for the period | 9904 | €175,172 | €213,534 | +€38,362 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €175,172 | €213,534 | +€38,362 | +21.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.