L'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.
What changed
L'Atelier
NACE 88.993, Social work activities without accommodation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€64,415
2024 · €50,410-€114,825
Equity
€6.3m
2024 · €6.4m-€144,577
Cash
€2.8m
2024 · €3.5m-€689,044
Balance sheet total
€9.6m
2024 · €9.7m-€115,025
Largest movements
Assets
- Cash -€689,044
down €689,044 (-19.8%), from €3.5m to €2.8m
mainly Investment in fixed assets (net) (-€674,759) and Receivables within one year (-€641,425)
- Receivables within one year +€641,425
up €641,425 (+52.8%), from €1.2m to €1.9m
of which Trade receivables: +€717,240
- Deferred charges and accrued income -€156,826
down €156,826 (-62.9%), from €249,477 to €92,652
- Tangible fixed assets +€139,855
up €139,855 (+5.1%), from €2.7m to €2.9m
of which Assets under construction and advance payments: +€371,620
Equity and liabilities
- Debts within one year +€363,192
up €363,192 (+16.7%), from €2.2m to €2.5m
of which Tax, wage and social debts: +€184,554
- Accrued charges and deferred income -€272,908
down €272,908 (-26.1%), from €1.0m to €772,347
Income statement
- Staff costs +€510,990
up €510,990 (+4.5%), from €11.3m to €11.8m
- Financial income -€106,437
down €106,437 (-84.6%), from €125,831 to €19,394
- Services and other goods +€104,633
up €104,633 (+7.5%), from €1.4m to €1.5m
- Financial charges -€62,646
down €62,646 (-78.1%), from €80,235 to €17,589
of which Non-recurring financial charges: -€59,500
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.
Result 2024
€50,410
Turnover
+€43,556
Other operating income
+€23,066
Goods and materials
-€34,900
Services and other goods
-€104,633
Staff costs
-€510,990
Depreciation
+€5,194
Other operating charges
+€4,492
Other operating items
+€499,435
Financial income
-€106,437
Financial charges
+€62,646
Taxes
+€3,745
Result 2025
-€64,415
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€119,632
Investment
-€674,759
Financing
-€133,918
Cash 2024
€3.5m
From operations (derived)
+€119,632
Net result for the year
-€64,415
Depreciation
+€555,420
Stocks and contracts
+€29,920
Receivables within one year
-€641,425
Deferred charges and accrued income
+€156,826
Provisions
-€6,976
Debts within one year
+€363,192
Accrued charges and deferred income
-€272,908
Investment (derived)
-€674,759
Investment in fixed assets (net)
-€674,759
Financing
-€133,918
Debts after one year
-€53,755
Contributions, distributions and other
-€80,162
Cash 2025
€2.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,737,510 | €9,622,485 | -€115,025 | -1.2% |
| Fixed assets | 21/28 | €3,527,313 | €3,646,653 | +€119,340 | +3.4% |
| Intangible fixed assets | 21 | €43,586 | €36,070 | -€7,516 | -17.2% |
| Tangible fixed assets | 22/27 | €2,748,539 | €2,888,394 | +€139,855 | +5.1% |
| Land and buildings | 22 | €1,944,409 | €1,702,133 | -€242,276 | -12.5% |
| Plant, machinery and equipment | 23 | €391,770 | €375,371 | -€16,399 | -4.2% |
| Furniture and vehicles | 24 | €214,260 | €241,170 | +€26,910 | +12.6% |
| Assets under construction and advance payments | 27 | €198,100 | €569,720 | +€371,620 | +188% |
| Financial fixed assets | 28 | €735,189 | €722,189 | -€13,000 | -1.8% |
| Affiliated companies | 280/1 | €697,614 | €684,614 | -€13,000 | -1.9% |
| Participating interests | 280 | €187,614 | €174,614 | -€13,000 | -6.9% |
| Amounts receivable | 281 | €510,000 | €510,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €37,575 | €37,575 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €37,575 | €37,575 | = | 0.0% |
| Current assets | 29/58 | €6,210,197 | €5,975,832 | -€234,365 | -3.8% |
| Stocks and contracts in progress | 3 | €267,578 | €237,659 | -€29,920 | -11.2% |
| Stocks | 30/36 | €267,578 | €237,659 | -€29,920 | -11.2% |
| Raw materials and consumables | 30/31 | €267,578 | €237,659 | -€29,920 | -11.2% |
| Amounts receivable within one year | 40/41 | €1,214,855 | €1,856,280 | +€641,425 | +52.8% |
| Trade receivables | 40 | €1,063,065 | €1,780,305 | +€717,240 | +67.5% |
| Other amounts receivable | 41 | €151,790 | €75,975 | -€75,815 | -49.9% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,478,286 | €2,789,242 | -€689,044 | -19.8% |
| Deferred charges and accrued income | 490/1 | €249,477 | €92,652 | -€156,826 | -62.9% |
| Total equity and liabilities | 10/49 | €9,737,510 | €9,622,485 | -€115,025 | -1.2% |
| Equity | 10/15 | €6,433,470 | €6,288,893 | -€144,577 | -2.2% |
| Contributions | 10/11 | €108,562 | €108,562 | = | 0.0% |
| Capital | 10 | €108,562 | €108,562 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,020,108 | €5,955,693 | -€64,415 | -1.1% |
| Investment grants | 15 | €304,801 | €224,638 | -€80,162 | -26.3% |
| Provisions and deferred taxes | 16 | €25,703 | €18,727 | -€6,976 | -27.1% |
| Provisions for liabilities and charges | 160/5 | €25,703 | €18,727 | -€6,976 | -27.1% |
| Other liabilities and charges | 164/5 | €25,703 | €18,727 | -€6,976 | -27.1% |
| Amounts payable | 17/49 | €3,278,337 | €3,314,865 | +€36,528 | +1.1% |
| Amounts payable after more than one year | 17 | €53,755 | - | -€53,755 | |
| Financial debts | 170/4 | €53,755 | - | -€53,755 | |
| Credit institutions | 173 | €53,755 | - | -€53,755 | |
| Amounts payable within one year | 42/48 | €2,179,326 | €2,542,518 | +€363,192 | +16.7% |
| Current portion of amounts payable after more than one year | 42 | €164,442 | €53,755 | -€110,687 | -67.3% |
| Trade debts | 44 | €256,391 | €215,208 | -€41,183 | -16.1% |
| Suppliers | 440/4 | €256,391 | €215,208 | -€41,183 | -16.1% |
| Taxes, remuneration and social security | 45 | €1,756,000 | €1,940,555 | +€184,554 | +10.5% |
| Taxes | 450/3 | €260,359 | €289,115 | +€28,756 | +11.0% |
| Remuneration and social security | 454/9 | €1,495,642 | €1,651,440 | +€155,798 | +10.4% |
| Accrued charges and deferred income | 492/3 | €1,045,255 | €772,347 | -€272,908 | -26.1% |
| Operating income | 70/76A | €13,590,165 | €14,177,842 | +€587,678 | +4.3% |
| Turnover | 70 | €5,802,371 | €5,845,927 | +€43,556 | +0.8% |
| Membership fees, donations, legacies and grants | 73 | €7,591,552 | €7,857,709 | +€266,157 | +3.5% |
| Other operating income | 74 | €196,241 | €219,307 | +€23,066 | +11.8% |
| Non-recurring operating income | 76A | - | €254,899 | +€254,899 | |
| Operating charges | 60/66A | €13,575,370 | €14,237,827 | +€662,457 | +4.9% |
| Goods for resale, raw materials and consumables | 60 | €302,242 | €337,142 | +€34,900 | +11.5% |
| Purchases | 600/8 | €275,018 | €307,222 | +€32,204 | +11.7% |
| Change in stocks: decrease (increase) | 609 | €27,225 | €29,920 | +€2,695 | +9.9% |
| Services and other goods | 61 | €1,390,093 | €1,494,726 | +€104,633 | +7.5% |
| Remuneration, social security and pensions | 62 | €11,327,080 | €11,838,071 | +€510,990 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €560,614 | €555,420 | -€5,194 | -0.9% |
| Other operating charges | 640/8 | €23,937 | €19,445 | -€4,492 | -18.8% |
| Operating profit (loss) | 9901 | €14,795 | -€59,985 | -€74,779 | |
| Financial income | 75/76B | €125,831 | €19,394 | -€106,437 | -84.6% |
| Recurring financial income | 75 | €125,831 | €19,394 | -€106,437 | -84.6% |
| Income from financial fixed assets | 750 | €19,730 | €14,503 | -€5,228 | -26.5% |
| Income from current assets | 751 | €13,358 | €2,389 | -€10,970 | -82.1% |
| Other financial income | 752/9 | €92,743 | €2,503 | -€90,239 | -97.3% |
| Financial charges | 65/66B | €80,235 | €17,589 | -€62,646 | -78.1% |
| Recurring financial charges | 65 | €7,735 | €4,589 | -€3,146 | -40.7% |
| Debt charges | 650 | €3,110 | €1,511 | -€1,598 | -51.4% |
| Other financial charges | 652/9 | €4,625 | €3,078 | -€1,548 | -33.5% |
| Non-recurring financial charges | 66B | €72,500 | €13,000 | -€59,500 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €60,391 | -€58,179 | -€118,570 | |
| Income taxes | 67/77 | €9,981 | €6,236 | -€3,745 | -37.5% |
| Taxes | 670/3 | €9,981 | €6,236 | -€3,745 | -37.5% |
| Profit (loss) for the period | 9904 | €50,410 | -€64,415 | -€114,825 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,410 | -€64,415 | -€114,825 |
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 25 October 2026 via checked.be.