LD 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.
LD Atelier
Largest movements
- Receivables within one year +€31,741
up €31,741 (+353.8%), from €8,971 to €40,712
of which Trade receivables: +€31,072
- Tangible fixed assets -€28,509
down €28,509 (-20.6%), from €138,723 to €110,215
of which Plant, machinery and equipment: -€24,713
- Cash -€19,554
down €19,554 (-85.4%), from €22,887 to €3,332
mainly Receivables within one year (-€31,741) and Debts after one year (-€30,575)
- Stocks and contracts +€7,488
up €7,488 (+34.1%), from €21,928 to €29,415
- Debts after one year -€30,575
down €30,575 (-31.2%), from €98,068 to €67,493
- Trade debts +€12,888
up €12,888 (+75.6%), from €17,042 to €29,930
- Reserves +€6,176
up €6,176 (+206.4%), from €2,992 to €9,168
- Gross operating margin +€5,271
up €5,271 (+16.5%), from €32,004 to €37,274
- Taxes +€1,825
up €1,825 (+9124200.0%), from €0 to €1,825
- Financial income +€895
up €895 (+478.5%), from €187 to €1,082
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 | €196,869 | €186,945 | -€9,924 | -5.0% |
| Fixed assets | 21/28 | €138,723 | €110,215 | -€28,509 | -20.6% |
| Tangible fixed assets | 22/27 | €138,723 | €110,215 | -€28,509 | -20.6% |
| Plant, machinery and equipment | 23 | €130,681 | €105,968 | -€24,713 | -18.9% |
| Furniture and vehicles | 24 | €8,043 | €4,247 | -€3,796 | -47.2% |
| Current assets | 29/58 | €58,145 | €76,730 | +€18,585 | +32.0% |
| Stocks and contracts in progress | 3 | €21,928 | €29,415 | +€7,488 | +34.1% |
| Stocks | 30/36 | €21,928 | €29,415 | +€7,488 | +34.1% |
| Amounts receivable within one year | 40/41 | €8,971 | €40,712 | +€31,741 | +353.8% |
| Trade receivables | 40 | €8,965 | €40,037 | +€31,072 | +346.6% |
| Other amounts receivable | 41 | €5 | €675 | +€670 | +12543.1% |
| Cash at bank and in hand | 54/58 | €22,887 | €3,332 | -€19,554 | -85.4% |
| Deferred charges and accrued income | 490/1 | €4,360 | €3,270 | -€1,090 | -25.0% |
| Total equity and liabilities | 10/49 | €196,869 | €186,945 | -€9,924 | -5.0% |
| Equity | 10/15 | €22,992 | €29,168 | +€6,176 | +26.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,992 | €9,168 | +€6,176 | +206.4% |
| Distributable reserves | 133 | €2,992 | €9,168 | +€6,176 | +206.4% |
| Amounts payable | 17/49 | €173,877 | €157,777 | -€16,100 | -9.3% |
| Amounts payable after more than one year | 17 | €98,068 | €67,493 | -€30,575 | -31.2% |
| Financial debts | 170/4 | €98,068 | €67,493 | -€30,575 | -31.2% |
| Amounts payable within one year | 42/48 | €75,809 | €90,284 | +€14,475 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €30,218 | €30,575 | +€357 | +1.2% |
| Trade debts | 44 | €17,042 | €29,930 | +€12,888 | +75.6% |
| Suppliers | 440/4 | €17,042 | €29,930 | +€12,888 | +75.6% |
| Taxes, remuneration and social security | 45 | €6,654 | €7,918 | +€1,264 | +19.0% |
| Taxes | 450/3 | €6,654 | €7,918 | +€1,264 | +19.0% |
| Other amounts payable | 47/48 | €21,894 | €21,861 | -€33 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,687 | €28,509 | -€179 | -0.6% |
| Other operating charges | 640/8 | €287 | €186 | -€102 | -35.4% |
| Gross operating margin | 9900 | €32,004 | €37,274 | +€5,271 | +16.5% |
| Operating profit (loss) | 9901 | €3,029 | €8,580 | +€5,551 | +183.3% |
| Financial income | 75/76B | €187 | €1,082 | +€895 | +478.5% |
| Recurring financial income | 75 | €187 | €1,082 | +€895 | +478.5% |
| Financial charges | 65/66B | €1,970 | €1,661 | -€309 | -15.7% |
| Recurring financial charges | 65 | €1,970 | €1,661 | -€309 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €1,246 | €8,001 | +€6,755 | +542.2% |
| Income taxes | 67/77 | €0 | €1,825 | +€1,825 | +9124200.0% |
| Profit (loss) for the period | 9904 | €1,246 | €6,176 | +€4,930 | +395.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,246 | €6,176 | +€4,930 | +395.7% |
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 11 October 2026 via checked.be.