L'ATELIER DE MIKE: 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.
L'ATELIER DE MIKE
Largest movements
- Receivables within one year +€9,195
up €9,195 (+2,348%), from €392 to €9,586
of which Trade receivables: +€9,545
- Cash -€3,147
down €3,147 (-27.2%), from €11,564 to €8,418
mainly Debts after one year (-€32,309) and Receivables within one year (-€9,195)
- Tangible fixed assets -€1,805
down €1,805 (-36.0%), from €5,020 to €3,215
- Debts after one year -€32,309
down €32,309 (-28.1%), from €114,809 to €82,500
- Tax, wage and social debts +€16,730
up €16,730 (+117%), from €14,307 to €31,037
- Profit (loss) carried forward +€11,217
up €11,217 (+499%), from €2,248 to €13,465
- Current portion of long-term debt +€4,650
up €4,650 (+14.2%), from €32,659 to €37,309
- Trade debts +€3,512
up €3,512 (+348%), from €1,010 to €4,521
- Gross operating margin +€13,530
up €13,530 (+318%), from €4,260 to €17,790
- Taxes +€2,615
up €2,615 (+265%), from €985 to €3,600
- Depreciation +€1,409
up €1,409 (+356%), from €396 to €1,805
- Financial charges +€534
up €534 (+216%), from €247 to €781
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,975 | €171,219 | +€4,243 | +2.5% |
| Fixed assets | 21/28 | €155,020 | €153,215 | -€1,805 | -1.2% |
| Tangible fixed assets | 22/27 | €5,020 | €3,215 | -€1,805 | -36.0% |
| Furniture and vehicles | 24 | €5,020 | €3,215 | -€1,805 | -36.0% |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €11,956 | €18,004 | +€6,048 | +50.6% |
| Amounts receivable within one year | 40/41 | €392 | €9,586 | +€9,195 | +2,348% |
| Trade receivables | 40 | - | €9,545 | +€9,545 | |
| Other amounts receivable | 41 | €392 | €41 | -€350 | -89.4% |
| Cash at bank and in hand | 54/58 | €11,564 | €8,418 | -€3,147 | -27.2% |
| Total equity and liabilities | 10/49 | €166,975 | €171,219 | +€4,243 | +2.5% |
| Equity | 10/15 | €2,548 | €13,765 | +€11,217 | +440% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Contributions outside capital | 11 | €300 | - | -€300 | |
| Other | 1109/19 | €300 | - | -€300 | |
| Profit (loss) carried forward | 14 | €2,248 | €13,465 | +€11,217 | +499% |
| Amounts payable | 17/49 | €164,427 | €157,454 | -€6,973 | -4.2% |
| Amounts payable after more than one year | 17 | €114,809 | €82,500 | -€32,309 | -28.1% |
| Financial debts | 170/4 | €114,809 | €82,500 | -€32,309 | -28.1% |
| Amounts payable within one year | 42/48 | €48,618 | €74,954 | +€26,336 | +54.2% |
| Current portion of amounts payable after more than one year | 42 | €32,659 | €37,309 | +€4,650 | +14.2% |
| Trade debts | 44 | €1,010 | €4,521 | +€3,512 | +348% |
| Suppliers | 440/4 | €1,010 | €4,521 | +€3,512 | +348% |
| Taxes, remuneration and social security | 45 | €14,307 | €31,037 | +€16,730 | +117% |
| Taxes | 450/3 | €14,307 | €31,037 | +€16,730 | +117% |
| Other amounts payable | 47/48 | €642 | €2,086 | +€1,444 | +225% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €396 | €1,805 | +€1,409 | +356% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €4,260 | €17,790 | +€13,530 | +318% |
| Operating profit (loss) | 9901 | €3,480 | €15,598 | +€12,117 | +348% |
| Financial charges | 65/66B | €247 | €781 | +€534 | +216% |
| Recurring financial charges | 65 | €247 | €781 | +€534 | +216% |
| Profit (loss) for the period before taxes | 9903 | €3,233 | €14,817 | +€11,583 | +358% |
| Income taxes | 67/77 | €985 | €3,600 | +€2,615 | +265% |
| Profit (loss) for the period | 9904 | €2,248 | €11,217 | +€8,968 | +399% |
| Profit (loss) for the period to be appropriated | 9905 | €2,248 | €11,217 | +€8,968 | +399% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.