CAD-Atelier: 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.
CAD-Atelier
Largest movements
- Cash -€43,355
down €43,355 (-92.0%), from €47,142 to €3,787
mainly Receivables within one year (-€21,329) and Tax, wage and social debts (-€14,549)
- Receivables within one year +€21,329
up €21,329 (+94.7%), from €22,531 to €43,859
of which Trade receivables: +€16,595
- Tangible fixed assets -€18,056
down €18,056 (-35.4%), from €51,036 to €32,980
of which Plant, machinery and equipment: -€9,546
- Intangible fixed assets +€5,177
up €5,177 (+2,718%), from €190 to €5,368
- Deferred charges and accrued income +€4,174
up €4,174 (+1,020%), from €409 to €4,584
- Tax, wage and social debts -€14,549
down €14,549 (-48.0%), from €30,309 to €15,760
- Other debts -€9,644
down €9,644 (-56.5%), from €17,075 to €7,431
- Debts after one year -€8,297
down €8,297 (-40.1%), from €20,695 to €12,398
- Trade debts +€1,347
up €1,347 (+129%), from €1,044 to €2,391
- Gross operating margin -€20,810
down €20,810 (-43.9%), from €47,420 to €26,609
- Other operating charges +€4,337
up €4,337 (+435%), from €997 to €5,334
- Taxes -€4,071
down €4,071 (-87.0%), from €4,682 to €610
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 | €121,309 | €90,578 | -€30,731 | -25.3% |
| Fixed assets | 21/28 | €51,227 | €38,348 | -€12,879 | -25.1% |
| Intangible fixed assets | 21 | €190 | €5,368 | +€5,177 | +2,718% |
| Tangible fixed assets | 22/27 | €51,036 | €32,980 | -€18,056 | -35.4% |
| Plant, machinery and equipment | 23 | €22,217 | €12,671 | -€9,546 | -43.0% |
| Furniture and vehicles | 24 | €27,910 | €19,553 | -€8,357 | -29.9% |
| Other tangible fixed assets | 26 | €909 | €755 | -€154 | -16.9% |
| Current assets | 29/58 | €70,082 | €52,230 | -€17,852 | -25.5% |
| Amounts receivable within one year | 40/41 | €22,531 | €43,859 | +€21,329 | +94.7% |
| Trade receivables | 40 | €22,531 | €39,126 | +€16,595 | +73.7% |
| Other amounts receivable | 41 | - | €4,733 | +€4,733 | |
| Cash at bank and in hand | 54/58 | €47,142 | €3,787 | -€43,355 | -92.0% |
| Deferred charges and accrued income | 490/1 | €409 | €4,584 | +€4,174 | +1,020% |
| Total equity and liabilities | 10/49 | €121,309 | €90,578 | -€30,731 | -25.3% |
| Equity | 10/15 | €44,247 | €44,071 | -€177 | -0.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €41,747 | €41,571 | -€177 | -0.4% |
| Distributable reserves | 133 | €41,747 | €41,571 | -€177 | -0.4% |
| Amounts payable | 17/49 | €77,062 | €46,507 | -€30,555 | -39.6% |
| Amounts payable after more than one year | 17 | €20,695 | €12,398 | -€8,297 | -40.1% |
| Financial debts | 170/4 | €20,695 | €12,398 | -€8,297 | -40.1% |
| Amounts payable within one year | 42/48 | €56,367 | €33,879 | -€22,488 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €7,939 | €8,297 | +€358 | +4.5% |
| Trade debts | 44 | €1,044 | €2,391 | +€1,347 | +129% |
| Suppliers | 440/4 | €1,044 | €2,391 | +€1,347 | +129% |
| Taxes, remuneration and social security | 45 | €30,309 | €15,760 | -€14,549 | -48.0% |
| Taxes | 450/3 | €30,309 | €15,760 | -€14,549 | -48.0% |
| Other amounts payable | 47/48 | €17,075 | €7,431 | -€9,644 | -56.5% |
| Accrued charges and deferred income | 492/3 | - | €230 | +€230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,300 | €18,656 | +€356 | +1.9% |
| Other operating charges | 640/8 | €997 | €5,334 | +€4,337 | +435% |
| Gross operating margin | 9900 | €47,420 | €26,609 | -€20,810 | -43.9% |
| Operating profit (loss) | 9901 | €28,123 | €2,620 | -€25,503 | -90.7% |
| Financial income | 75/76B | €2 | €16 | +€14 | +649% |
| Recurring financial income | 75 | €2 | €16 | +€14 | +649% |
| Financial charges | 65/66B | €2,235 | €2,202 | -€33 | -1.5% |
| Recurring financial charges | 65 | €2,235 | €2,202 | -€33 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €25,890 | €434 | -€25,456 | -98.3% |
| Income taxes | 67/77 | €4,682 | €610 | -€4,071 | -87.0% |
| Profit (loss) for the period | 9904 | €21,208 | -€177 | -€21,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,208 | -€177 | -€21,384 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.