HP 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.
HP Atelier
Largest movements
- Tangible fixed assets +€27,845
up €27,845 (+272%), from €10,226 to €38,070
of which Leasing and similar rights: +€27,601
- Cash +€18,962
up €18,962 (+555%), from €3,414 to €22,376
mainly Debts after one year (+€21,863) and Net result for the year (+€19,092)
- Stocks and contracts -€3,500
down €3,500 (-100%), from €3,500 to €0
- Receivables within one year -€2,382
down €2,382 (-11.8%), from €20,191 to €17,809
of which Other amounts receivable: -€3,173
- Deferred charges and accrued income +€1,283
up €1,283 (+216%), from €593 to €1,876
- Debts after one year +€21,863
new in 2025: €21,863
- Reserves +€19,092
up €19,092 (+299%), from €6,386 to €25,478
- Other debts -€5,887
down €5,887 (-29.4%), from €20,019 to €14,132
- Current portion of long-term debt +€5,623
new in 2025: €5,623
- Tax, wage and social debts +€2,538
up €2,538 (+50.6%), from €5,018 to €7,556
of which Taxes: +€2,748
- Staff costs -€26,835
down €26,835 (-98.2%), from €27,324 to €489
- Taxes +€5,253
up €5,253 (+1,734%), from €303 to €5,556
- Other operating charges +€3,637
up €3,637 (+552%), from €659 to €4,296
- Depreciation +€1,488
up €1,488 (+23.1%), from €6,437 to €7,925
- Gross operating margin +€1,388
up €1,388 (+3.7%), from €37,035 to €38,423
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 | €41,208 | €83,416 | +€42,207 | +102% |
| Fixed assets | 21/28 | €13,511 | €41,355 | +€27,845 | +206% |
| Tangible fixed assets | 22/27 | €10,226 | €38,070 | +€27,845 | +272% |
| Land and buildings | 22 | €1,099 | €934 | -€166 | -15.1% |
| Plant, machinery and equipment | 23 | €2,367 | €6,665 | +€4,298 | +182% |
| Furniture and vehicles | 24 | €5,888 | €2,282 | -€3,606 | -61.2% |
| Leasing and similar rights | 25 | - | €27,601 | +€27,601 | |
| Other tangible fixed assets | 26 | €871 | €589 | -€282 | -32.4% |
| Financial fixed assets | 28 | €3,285 | €3,285 | = | 0.0% |
| Current assets | 29/58 | €27,698 | €42,061 | +€14,363 | +51.9% |
| Stocks and contracts in progress | 3 | €3,500 | €0 | -€3,500 | -100% |
| Stocks | 30/36 | €3,500 | €0 | -€3,500 | -100% |
| Amounts receivable within one year | 40/41 | €20,191 | €17,809 | -€2,382 | -11.8% |
| Trade receivables | 40 | €12,711 | €13,502 | +€791 | +6.2% |
| Other amounts receivable | 41 | €7,479 | €4,307 | -€3,173 | -42.4% |
| Cash at bank and in hand | 54/58 | €3,414 | €22,376 | +€18,962 | +555% |
| Deferred charges and accrued income | 490/1 | €593 | €1,876 | +€1,283 | +216% |
| Total equity and liabilities | 10/49 | €41,208 | €83,416 | +€42,207 | +102% |
| Equity | 10/15 | €7,386 | €26,478 | +€19,092 | +258% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,386 | €25,478 | +€19,092 | +299% |
| Distributable reserves | 133 | €6,386 | €25,478 | +€19,092 | +299% |
| Amounts payable | 17/49 | €33,822 | €56,938 | +€23,116 | +68.3% |
| Amounts payable after more than one year | 17 | - | €21,863 | +€21,863 | |
| Financial debts | 170/4 | - | €21,863 | +€21,863 | |
| Amounts payable within one year | 42/48 | €33,822 | €35,075 | +€1,253 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,623 | +€5,623 | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,786 | €7,765 | -€1,021 | -11.6% |
| Suppliers | 440/4 | €8,786 | €7,765 | -€1,021 | -11.6% |
| Taxes, remuneration and social security | 45 | €5,018 | €7,556 | +€2,538 | +50.6% |
| Taxes | 450/3 | €2,808 | €5,556 | +€2,748 | +97.9% |
| Remuneration and social security | 454/9 | €2,210 | €2,000 | -€210 | -9.5% |
| Other amounts payable | 47/48 | €20,019 | €14,132 | -€5,887 | -29.4% |
| Remuneration, social security and pensions | 62 | €27,324 | €489 | -€26,835 | -98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,437 | €7,925 | +€1,488 | +23.1% |
| Other operating charges | 640/8 | €659 | €4,296 | +€3,637 | +552% |
| Gross operating margin | 9900 | €37,035 | €38,423 | +€1,388 | +3.7% |
| Operating profit (loss) | 9901 | €2,615 | €25,713 | +€23,098 | +883% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Financial charges | 65/66B | €1,679 | €1,065 | -€614 | -36.6% |
| Recurring financial charges | 65 | €1,679 | €1,065 | -€614 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €945 | €24,648 | +€23,703 | +2,508% |
| Income taxes | 67/77 | €303 | €5,556 | +€5,253 | +1,734% |
| Profit (loss) for the period | 9904 | €642 | €19,092 | +€18,450 | +2,873% |
| Profit (loss) for the period to be appropriated | 9905 | €642 | €19,092 | +€18,450 | +2,873% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.