L'ATELIER CONSTRUCT: what changed
Two fiscal 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.
L'ATELIER CONSTRUCT
Largest movements
- Receivables within one year -€62,153
down €62,153 (-11.0%), from €564,897 to €502,744
of which Trade receivables: -€50,477
- Tangible fixed assets -€33,132
down €33,132 (-3.6%), from €928,777 to €895,645
of which Land and buildings: -€19,548
- Deferred charges and accrued income +€17,426
new in 2025: €17,426
- Cash -€16,764
down €16,764 (-85.7%), from €19,559 to €2,795
mainly Other debts (-€124,752) and Debts after one year (-€43,427)
- Other debts -€124,752
down €124,752 (-36.6%), from €341,178 to €216,426
- Profit (loss) carried forward +€61,911
up €61,911 (+49.4%), from -€125,348 to -€63,438
- Debts after one year -€43,427
down €43,427 (-10.4%), from €418,863 to €375,435
- Financial charges -€39,165
down €39,165 (-63.9%), from €61,256 to €22,091
of which Non-recurring financial charges: -€33,240
- Gross operating margin +€34,993
up €34,993 (+41.5%), from €84,235 to €119,228
- Provisions -€27,207
down €27,207, from €13,603 to -€13,603
- Staff costs -€9,198
down €9,198 (-51.8%), from €17,773 to €8,575
- Depreciation -€8,327
down €8,327 (-18.5%), from €45,135 to €36,808
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.
Cash bridge derived
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 | €1,514,302 | €1,418,610 | -€95,692 | -6.3% |
| Formation expenses | 20 | €705 | - | -€705 | |
| Fixed assets | 21/28 | €929,141 | €895,645 | -€33,496 | -3.6% |
| Intangible fixed assets | 21 | €364 | - | -€364 | |
| Tangible fixed assets | 22/27 | €928,777 | €895,645 | -€33,132 | -3.6% |
| Land and buildings | 22 | €887,749 | €868,201 | -€19,548 | -2.2% |
| Plant, machinery and equipment | 23 | €8,329 | €2,584 | -€5,745 | -69.0% |
| Furniture and vehicles | 24 | €32,699 | €24,860 | -€7,839 | -24.0% |
| Current assets | 29/58 | €584,456 | €522,965 | -€61,491 | -10.5% |
| Amounts receivable within one year | 40/41 | €564,897 | €502,744 | -€62,153 | -11.0% |
| Trade receivables | 40 | €550,805 | €500,328 | -€50,477 | -9.2% |
| Other amounts receivable | 41 | €14,093 | €2,417 | -€11,676 | -82.9% |
| Cash at bank and in hand | 54/58 | €19,559 | €2,795 | -€16,764 | -85.7% |
| Deferred charges and accrued income | 490/1 | - | €17,426 | +€17,426 | |
| Total equity and liabilities | 10/49 | €1,514,302 | €1,418,610 | -€95,692 | -6.3% |
| Equity | 10/15 | €96,267 | €158,177 | +€61,911 | +64.3% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Outside capital | 11 | €118,600 | €118,600 | = | 0.0% |
| Share premium | 1100/10 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €103,015 | €103,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €101,155 | €101,155 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,348 | -€63,438 | +€61,911 | +49.4% |
| Amounts payable | 17/49 | €1,418,036 | €1,260,433 | -€157,603 | -11.1% |
| Amounts payable after more than one year | 17 | €418,863 | €375,435 | -€43,427 | -10.4% |
| Financial debts | 170/4 | €418,863 | €375,435 | -€43,427 | -10.4% |
| Amounts payable within one year | 42/48 | €999,173 | €884,985 | -€114,188 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €115,369 | €122,915 | +€7,546 | +6.5% |
| Trade debts | 44 | €64,721 | €58,163 | -€6,558 | -10.1% |
| Suppliers | 440/4 | €64,721 | €58,163 | -€6,558 | -10.1% |
| Advances received on contracts in progress | 46 | €412,893 | €423,593 | +€10,700 | +2.6% |
| Taxes, remuneration and social security | 45 | €65,012 | €63,888 | -€1,124 | -1.7% |
| Taxes | 450/3 | €62,718 | €63,011 | +€293 | +0.5% |
| Remuneration and social security | 454/9 | €2,294 | €877 | -€1,417 | -61.8% |
| Other amounts payable | 47/48 | €341,178 | €216,426 | -€124,752 | -36.6% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Non-recurring operating income | 76A | €23,690 | €45,465 | +€21,775 | +91.9% |
| Remuneration, social security and pensions | 62 | €17,773 | €8,575 | -€9,198 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,135 | €36,808 | -€8,327 | -18.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €13,603 | -€13,603 | -€27,207 | |
| Other operating charges | 640/8 | €9,372 | €5,772 | -€3,600 | -38.4% |
| Gross operating margin | 9900 | €84,235 | €119,228 | +€34,993 | +41.5% |
| Operating profit (loss) | 9901 | -€1,648 | €81,677 | +€83,325 | |
| Financial income | 75/76B | €3,171 | €2,619 | -€552 | -17.4% |
| Recurring financial income | 75 | €2,121 | €412 | -€1,709 | -80.6% |
| Non-recurring financial income | 76B | €1,050 | €2,207 | +€1,157 | +110.1% |
| Financial charges | 65/66B | €61,256 | €22,091 | -€39,165 | -63.9% |
| Recurring financial charges | 65 | €28,017 | €22,091 | -€5,925 | -21.1% |
| Non-recurring financial charges | 66B | €33,240 | - | -€33,240 | |
| Profit (loss) for the period before taxes | 9903 | -€59,734 | €62,204 | +€121,938 | |
| Income taxes | 67/77 | €251 | €293 | +€43 | +16.9% |
| Profit (loss) for the period | 9904 | -€59,985 | €61,911 | +€121,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,985 | €61,911 | +€121,895 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.