M&S ATOUT BOIS: what changed
M&S ATOUT BOIS
Largest movements
- Receivables within one year -€22,358
down €22,358 (-46.0%), from €48,591 to €26,233
of which Trade receivables: -€23,012
- Stocks and contracts +€20,131
up €20,131 (+79.2%), from €25,429 to €45,560
- Tangible fixed assets -€9,762
down €9,762 (-46.1%), from €21,168 to €11,406
of which Furniture and vehicles: -€5,882
- Cash -€4,170
down €4,170 (-22.8%), from €18,327 to €14,157
mainly Stocks and contracts (-€20,131) and Trade debts (-€6,547)
- Trade debts -€6,547
down €6,547 (-20.7%), from €31,704 to €25,157
- Debts after one year -€3,663
down €3,663 (-39.5%), from €9,277 to €5,614
- Profit (loss) carried forward -€2,826
down €2,826 (-55.0%), from €5,134 to €2,308
- Current portion of long-term debt -€2,249
down €2,249 (-38.0%), from €5,912 to €3,663
- Other debts -€1,725
down €1,725 (-5.0%), from €34,725 to €33,000
- Gross operating margin -€4,888
down €4,888 (-36.4%), from €13,412 to €8,524
- Depreciation +€837
up €837 (+7.5%), from €11,116 to €11,953
- Taxes -€835
down €835 (-100.0%), from €836 to €0
- Financial income +€466
up €466 (+32.1%), from €1,448 to €1,914
of which Non-recurring financial income: +€465
- Financial charges +€215
up €215 (+47.9%), from €449 to €663
of which Non-recurring financial charges: +€318
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €113,564 | €97,405 | -€16,159 | -14.2% |
| Fixed assets | 21/28 | €21,168 | €11,406 | -€9,762 | -46.1% |
| Tangible fixed assets | 22/27 | €21,168 | €11,406 | -€9,762 | -46.1% |
| Plant, machinery and equipment | 23 | €12,499 | €8,618 | -€3,881 | -31.0% |
| Furniture and vehicles | 24 | €8,670 | €2,788 | -€5,882 | -67.8% |
| Current assets | 29/58 | €92,396 | €86,000 | -€6,396 | -6.9% |
| Stocks and contracts in progress | 3 | €25,429 | €45,560 | +€20,131 | +79.2% |
| Stocks | 30/36 | €25,429 | €45,560 | +€20,131 | +79.2% |
| Amounts receivable within one year | 40/41 | €48,591 | €26,233 | -€22,358 | -46.0% |
| Trade receivables | 40 | €48,591 | €25,579 | -€23,012 | -47.4% |
| Other amounts receivable | 41 | - | €654 | +€654 | |
| Cash at bank and in hand | 54/58 | €18,327 | €14,157 | -€4,170 | -22.8% |
| Deferred charges and accrued income | 490/1 | €49 | €50 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €113,564 | €97,405 | -€16,159 | -14.2% |
| Equity | 10/15 | €25,594 | €22,768 | -€2,826 | -11.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €5,134 | €2,308 | -€2,826 | -55.0% |
| Amounts payable | 17/49 | €87,970 | €74,637 | -€13,333 | -15.2% |
| Amounts payable after more than one year | 17 | €9,277 | €5,614 | -€3,663 | -39.5% |
| Financial debts | 170/4 | €9,277 | €5,614 | -€3,663 | -39.5% |
| Amounts payable within one year | 42/48 | €78,693 | €69,023 | -€9,670 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €5,912 | €3,663 | -€2,249 | -38.0% |
| Trade debts | 44 | €31,704 | €25,157 | -€6,547 | -20.7% |
| Suppliers | 440/4 | €31,704 | €25,157 | -€6,547 | -20.7% |
| Taxes, remuneration and social security | 45 | €6,351 | €7,202 | +€851 | +13.4% |
| Taxes | 450/3 | €6,351 | €7,202 | +€851 | +13.4% |
| Other amounts payable | 47/48 | €34,725 | €33,000 | -€1,725 | -5.0% |
| Non-recurring operating income | 76A | €1,184 | €172 | -€1,012 | -85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,116 | €11,953 | +€837 | +7.5% |
| Other operating charges | 640/8 | €696 | €648 | -€48 | -6.9% |
| Gross operating margin | 9900 | €13,412 | €8,524 | -€4,888 | -36.4% |
| Operating profit (loss) | 9901 | €1,601 | -€4,076 | -€5,677 | |
| Financial income | 75/76B | €1,448 | €1,914 | +€466 | +32.1% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +242% |
| Non-recurring financial income | 76B | €1,448 | €1,913 | +€465 | +32.1% |
| Financial charges | 65/66B | €449 | €663 | +€215 | +47.9% |
| Recurring financial charges | 65 | €449 | €345 | -€103 | -23.0% |
| Non-recurring financial charges | 66B | - | €318 | +€318 | |
| Profit (loss) for the period before taxes | 9903 | €2,601 | -€2,826 | -€5,427 | |
| Income taxes | 67/77 | €836 | €0 | -€835 | -100.0% |
| Profit (loss) for the period | 9904 | €1,765 | -€2,826 | -€4,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,765 | -€2,826 | -€4,591 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.