Den Ateljee: 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.
Den Ateljee
Largest movements
- Cash -€13,101
down €13,101 (-97.9%), from €13,387 to €286
mainly Advances received (-€14,794) and Investment in fixed assets (net) (-€14,121)
- Receivables within one year -€9,256
down €9,256 (-28.7%), from €32,263 to €23,006
of which Trade receivables: -€14,256
- Tangible fixed assets +€4,683
up €4,683 (+6.0%), from €78,247 to €82,931
of which Leasing and similar rights: +€18,203
- Stocks and contracts -€2,790
down €2,790 (-1.9%), from €150,191 to €147,400
- Advances received -€14,794
down €14,794 (-74.9%), from €19,757 to €4,964
- Other debts -€5,979
down €5,979 (-11.6%), from €51,662 to €45,684
- Trade debts -€5,550
down €5,550 (-23.0%), from €24,137 to €18,587
- Accrued charges and deferred income -€2,967
no longer reported in 2025 (was €2,967)
- Reserves +€2,956
up €2,956 (+3.8%), from €78,757 to €81,713
- Gross operating margin +€11,465
up €11,465 (+30.8%), from €37,271 to €48,736
- Staff costs +€7,150
up €7,150 (+33.8%), from €21,132 to €28,282
- Financial charges +€1,784
up €1,784 (+39.6%), from €4,507 to €6,291
of which Financial charges: +€1,588
- Financial income -€1,451
down €1,451 (-57.7%), from €2,515 to €1,064
of which Non-recurring financial income: -€1,492
- Depreciation -€1,408
down €1,408 (-12.5%), from €11,266 to €9,858
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 | €275,908 | €255,023 | -€20,885 | -7.6% |
| Fixed assets | 21/28 | €80,067 | €84,331 | +€4,263 | +5.3% |
| Intangible fixed assets | 21 | €1,680 | €1,260 | -€420 | -25.0% |
| Tangible fixed assets | 22/27 | €78,247 | €82,931 | +€4,683 | +6.0% |
| Plant, machinery and equipment | 23 | €1,548 | €116 | -€1,432 | -92.5% |
| Furniture and vehicles | 24 | €8,923 | €2,989 | -€5,934 | -66.5% |
| Leasing and similar rights | 25 | - | €18,203 | +€18,203 | |
| Other tangible fixed assets | 26 | €67,777 | €61,623 | -€6,154 | -9.1% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €195,841 | €170,693 | -€25,148 | -12.8% |
| Stocks and contracts in progress | 3 | €150,191 | €147,400 | -€2,790 | -1.9% |
| Stocks | 30/36 | €150,191 | €147,400 | -€2,790 | -1.9% |
| Amounts receivable within one year | 40/41 | €32,263 | €23,006 | -€9,256 | -28.7% |
| Trade receivables | 40 | €32,263 | €18,006 | -€14,256 | -44.2% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €13,387 | €286 | -€13,101 | -97.9% |
| Total equity and liabilities | 10/49 | €275,908 | €255,023 | -€20,885 | -7.6% |
| Equity | 10/15 | €97,357 | €100,313 | +€2,956 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,757 | €81,713 | +€2,956 | +3.8% |
| Distributable reserves | 133 | €78,757 | €81,713 | +€2,956 | +3.8% |
| Amounts payable | 17/49 | €178,551 | €154,710 | -€23,841 | -13.4% |
| Amounts payable after more than one year | 17 | €57,408 | €60,152 | +€2,745 | +4.8% |
| Financial debts | 170/4 | €56,408 | €59,152 | +€2,745 | +4.9% |
| Other amounts payable | 178/9 | €1,000 | €1,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €118,176 | €94,558 | -€23,618 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €13,483 | €15,176 | +€1,693 | +12.6% |
| Trade debts | 44 | €24,137 | €18,587 | -€5,550 | -23.0% |
| Suppliers | 440/4 | €24,137 | €18,587 | -€5,550 | -23.0% |
| Advances received on contracts in progress | 46 | €19,757 | €4,964 | -€14,794 | -74.9% |
| Taxes, remuneration and social security | 45 | €9,136 | €10,148 | +€1,012 | +11.1% |
| Taxes | 450/3 | €7,622 | €9,286 | +€1,664 | +21.8% |
| Remuneration and social security | 454/9 | €1,514 | €863 | -€651 | -43.0% |
| Other amounts payable | 47/48 | €51,662 | €45,684 | -€5,979 | -11.6% |
| Accrued charges and deferred income | 492/3 | €2,967 | - | -€2,967 | |
| Non-recurring operating income | 76A | - | €2,614 | +€2,614 | |
| Remuneration, social security and pensions | 62 | €21,132 | €28,282 | +€7,150 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,266 | €9,858 | -€1,408 | -12.5% |
| Other operating charges | 640/8 | €742 | €554 | -€187 | -25.3% |
| Non-recurring operating charges | 66A | - | €580 | +€580 | |
| Gross operating margin | 9900 | €37,271 | €48,736 | +€11,465 | +30.8% |
| Operating profit (loss) | 9901 | €4,131 | €9,461 | +€5,330 | +129% |
| Financial income | 75/76B | €2,515 | €1,064 | -€1,451 | -57.7% |
| Recurring financial income | 75 | €1,023 | €1,064 | +€41 | +4.0% |
| Non-recurring financial income | 76B | €1,492 | - | -€1,492 | |
| Financial charges | 65/66B | €4,507 | €6,291 | +€1,784 | +39.6% |
| Recurring financial charges | 65 | €4,465 | €6,052 | +€1,588 | +35.6% |
| Non-recurring financial charges | 66B | €42 | €239 | +€197 | +469% |
| Profit (loss) for the period before taxes | 9903 | €2,139 | €4,234 | +€2,095 | +97.9% |
| Income taxes | 67/77 | €1,695 | €1,278 | -€416 | -24.6% |
| Profit (loss) for the period | 9904 | €444 | €2,956 | +€2,511 | +565% |
| Profit (loss) for the period to be appropriated | 9905 | €444 | €2,956 | +€2,511 | +565% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.