Studio Evert Thiry (0448.329.347): financials and annual accounts

Studio Evert Thiry

Antwerp ·KBO/BCE: BE 0448.329.347

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	61,263	81,112	75,344	80,879	107,399	99,254	102,863	123,901	150,084	151,341	170,321	124,743	163,433	133,426	125,530	120,375	181,209	184,267	184,606	134,387
Fixed assets`21/28`	1,596	3,192	5,565	7,937	7,588	496	7,946	14,237	21,043	32,386	14,043	20,073	23,981	30,847	15,263	16,544	23,136	26,821	34,300	35,206
Tangible fixed assets`22/27`	1,596	3,192	5,565	7,937	7,093	-	7,450	13,742	20,547	31,890	13,547	19,577	23,486	30,351	14,767	16,049	22,640	26,325	33,804	34,710
Land and buildings`22`	-	-	-	-	-	-	1,390	1,622	1,854	2,085	133	711	1,289	3,489	7,005	10,559	14,112	13,131	11,179	13,721
Plant, machinery and equipment`23`	-	-	-	-	-	-	691	1,382	2,587	5,068	4,562	4,424	2,163	1,011	2,507	4,592	4,550	6,598	12,393	14,026
Furniture and vehicles`24`	1,596	3,192	5,565	7,937	7,093	-	5,369	10,738	16,107	24,737	8,852	14,443	20,034	25,850	5,256	898	3,977	6,596	10,232	6,963
Financial fixed assets`28`	-	-	-	-	496	496	496	496	496	496	496	496	496	496	496	496	496	496	496	496
Current assets`29/58`	59,667	77,920	69,780	72,942	99,810	98,759	94,918	109,663	129,042	118,955	156,278	104,670	139,451	102,579	110,268	103,831	158,073	157,446	150,306	99,182
Amounts receivable within one year`40/41`	58,927	70,718	68,582	64,714	73,279	85,300	85,294	93,358	128,139	118,187	143,731	97,627	116,203	84,446	95,535	63,810	114,475	53,462	74,967	50,934
Trade receivables`40`	2,534	15,078	3,715	270	12,476	14,504	-	7,294	43,696	32,268	68,646	30,417	65,800	46,890	74,726	40,799	109,756	47,584	74,964	48,539
Other amounts receivable`41`	56,393	55,639	64,867	64,444	60,802	70,796	85,294	86,064	84,442	85,919	75,085	67,210	50,403	37,556	20,809	23,010	4,720	5,878	2	2,395
Current investments`50/53`	74	74	74	74	74	74	74	74	74	74	74	74	74	74	74	74	74	50,324	74	74
Cash at bank and in hand`54/58`	1	6,173	101	8,153	26,457	5,437	71	6,843	829	694	12,473	6,177	22,801	17,395	13,573	39,947	43,523	53,659	75,264	48,173
Deferred charges and accrued income`490/1`	665	955	1,023	-	-	7,948	9,479	9,388	-	-	-	793	373	663	1,085	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	61,263	81,112	75,344	80,879	107,399	99,254	102,863	123,901	150,084	151,341	170,321	124,743	163,433	133,426	125,530	120,375	181,209	184,267	184,606	134,387
Equity`10/15`	56,374	73,995	70,335	69,149	92,203	80,345	85,776	93,309	114,882	105,285	123,732	96,037	112,607	105,203	101,835	111,553	125,679	139,666	119,068	92,867
Contributions`10/11`	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205	6,205
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395	12,395
Reserves`13`	50,169	67,790	64,130	62,944	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	48,309	65,930	62,270	61,084	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	84,137	72,280	77,711	85,243	106,816	97,220	115,666	87,972	104,541	97,138	93,770	103,488	117,613	131,601	111,003	84,802
Amounts payable`17/49`	4,889	7,117	5,009	11,730	15,196	18,909	17,087	30,592	35,203	46,056	46,589	28,706	50,826	28,223	23,695	8,822	55,530	44,601	65,538	41,520
Amounts payable after more than one year`17`	-	-	-	-	-	-	4,178	9,664	15,055	20,352	-	2,804	6,905	10,883	-	-	-	-	-	1,771
Financial debts`170/4`	-	-	-	-	-	-	4,178	9,664	15,055	20,352	-	2,804	6,905	10,883	-	-	-	-	-	1,771
Amounts payable within one year`42/48`	4,889	7,117	5,009	11,730	15,196	18,909	12,909	20,928	20,148	25,704	46,589	25,902	43,921	17,340	23,695	8,822	55,530	43,964	64,900	39,193
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	4,178	5,486	5,391	5,297	5,206	2,804	4,101	3,977	3,858	-	3,000	3,000	3,000	3,771	6,230
Financial debts`43`	628	0	1,727	-	-	-	2,261	-	1,410	428	3,695	1,550	2,833	-	-	-	-	2,307	840	-
Credit institutions`430/8`	628	0	1,727	-	-	-	2,261	-	1,410	428	3,695	1,550	2,833	-	-	-	-	2,307	840	-
Trade debts`44`	1,562	1,393	747	8,224	11,540	9,787	4,225	11,261	12,269	10,998	24,357	17,461	27,671	11,848	18,405	5,558	39,662	31,259	40,725	18,818
Suppliers`440/4`	1,562	1,393	747	8,224	11,540	9,787	4,225	11,261	12,269	10,998	24,357	17,461	27,671	11,848	18,405	5,558	39,662	31,259	40,725	18,818
Taxes, remuneration and social security`45`	2,698	5,724	735	3,505	3,655	4,944	937	4,276	1,172	9,072	15,733	2,790	9,440	1,635	5,290	264	11,868	7,398	11,564	6,145
Taxes`450/3`	2,698	5,724	735	3,505	3,655	4,944	937	4,276	1,172	9,072	15,733	2,790	9,440	1,635	5,290	264	11,868	7,398	11,564	6,145
Other amounts payable`47/48`	-	0	1,800	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	-	8,000	8,000
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	638	638	557
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	243,179
Non-recurring operating income`76A`	-	0	33	-	10,248	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	-17,196	5,144	2,068	-20,308	13,792	-3,799	2,031	-13,126	25,063	-1,797	44,288	-6,007	19,932	15,940	9,367	-2,751	24,254	49,040	58,365	50,263
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	195,016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	1,596	2,372	2,372	1,222	1,151	6,060	6,292	6,805	11,343	14,273	8,427	7,882	9,252	9,561	10,889	10,073	13,731	15,982	16,035	20,959
Other operating charges`640/8`	1,374	1,676	1,603	3,401	1,352	1,098	2,181	871	3,100	1,365	2,104	2,201	2,321	2,489	2,467	1,316	1,910	2,064	3,171	1,907
Operating profit (loss)`9901`	-20,167	1,096	-1,907	-24,931	11,290	-10,957	-6,442	-20,803	10,620	-17,436	33,757	-16,089	8,358	3,891	-3,989	-14,140	8,612	30,994	39,158	27,397
Financial income`75/76B`	3,125	3,391	3,389	2,199	4,202	8,011	79	3	25	25	26	78	67	347	8	612	3,064	1,251	1,087	284
Recurring financial income`75`	3,125	3,391	3,389	2,199	4,202	8,011	79	3	25	25	26	78	67	347	8	612	3,064	1,251	1,087	284
Financial charges`65/66B`	392	662	296	163	278	2,347	987	574	806	933	388	557	693	870	394	597	926	1,559	1,537	1,870
Recurring financial charges`65`	392	662	296	163	278	2,347	987	574	806	933	388	557	693	870	394	597	926	1,559	1,537	1,870
Profit (loss) for the period before taxes`9903`	-17,434	3,825	1,186	-22,895	15,213	-5,292	-7,349	-21,373	9,838	-18,344	33,396	-16,568	7,732	3,368	-4,375	-14,125	10,750	30,686	38,708	25,811
Income taxes`67/77`	187	166	-	159	3,356	139	183	200	242	103	5,701	1	328	-	5,343	-	4,737	10,088	12,507	3,627
Profit (loss) for the period`9904`	-17,621	3,660	1,186	-23,054	11,857	-5,431	-7,532	-21,573	9,596	-18,446	27,695	-16,570	7,403	3,368	-9,718	-14,125	6,013	20,598	26,201	22,184
Profit (loss) for the period to be appropriated`9905`	-17,621	3,660	1,186	-23,054	11,857	-5,431	-7,532	-21,573	9,596	-18,446	27,695	-16,570	7,403	3,368	-9,718	-14,125	6,013	20,598	26,201	22,184
Appropriation of the result
Profit (loss) to be appropriated`9906`	-17,621	3,660	1,186	61,084	84,137	72,280	77,711	85,243	106,816	97,220	115,666	87,972	104,541	97,138	93,770	103,488	137,613	131,601	111,003	84,802
Profit (loss) brought forward from the previous period`14P`	-	-	-	84,137	72,280	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	17,621	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	0	3,660	1,186	61,084	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	0	3,660	1,186	61,084	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	25-06-2026	2026-00205805	PDF
31-12-2024	micro format	08-07-2025	2025-00271063	PDF
31-12-2023	micro format	31-07-2024	2024-00309453	PDF
31-12-2022	micro format	30-05-2023	2023-00097781	PDF
31-12-2021	micro format	23-08-2022	2022-20305258	PDF
31-12-2020	micro format	23-08-2021	2021-51100265	PDF
31-12-2019	micro format	02-06-2020	2020-13800279	PDF
31-12-2018	micro format	28-06-2019	2019-23900147	PDF
31-12-2017	micro format	25-07-2018	2018-37000249	PDF
31-12-2016	micro format	20-07-2017	2017-33100292	PDF
31-12-2015	abbreviated format	28-07-2016	2016-36000328	PDF
31-12-2014	abbreviated format	02-07-2015	2015-25000137	PDF
31-12-2013	abbreviated format	28-07-2014	2014-34600357	PDF
31-12-2012	abbreviated format	25-07-2013	2013-34100228	PDF
31-12-2011	abbreviated format	27-07-2012	2012-34200197	PDF
31-12-2010	abbreviated format	22-07-2011	2011-32800291	PDF
31-12-2009	abbreviated format	21-07-2010	2010-32100546	PDF
31-12-2008	abbreviated format	20-07-2009	2009-43300177	PDF
31-12-2007	abbreviated format	04-07-2008	2008-34900079	PDF
31-12-2006	abbreviated format	25-06-2007	2007-26500118	PDF
31-12-2005	abbreviated format	13-07-2006	2006-46204716	PDF
31-12-2004	abbreviated format	22-06-2005	2005-30704967	PDF
31-12-2003	abbreviated format	15-12-2004	2004-85502441	PDF
31-12-2002	abbreviated format	17-09-2003	2003-67300689	PDF
31-12-2001	abbreviated format	13-09-2002	2002-55601896	PDF
31-12-2000	abbreviated format	03-08-2001	2001-47804629	PDF
31-12-1999	abbreviated format	10-08-2000	2000-50800484	PDF
31-12-1998	abbreviated format	01-07-1999	1999-28403945	PDF
31-12-1997	abbreviated format	25-08-1998	1998-42004077	PDF
31-12-1996	abbreviated format	19-08-1997	1997-38305111	PDF
31-12-1995	abbreviated format	27-06-1996	1996-24503960	PDF
31-12-1994	abbreviated format	08-08-1995	1995-44803759	PDF
31-12-1993	abbreviated format	20-06-1994	1994-16402497	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-18,571	3,468	465	-23,709	12,440	-4,897	-150	-13,998	21,963	-3,163	42,184	-8,208	17,610	13,451	6,900	-4,067	22,344	46,976	55,193	48,356
Cash flow	-16,025	6,032	3,559	-21,832	13,008	629	-1,241	-14,768	20,939	-4,173	36,122	-8,688	16,656	12,928	1,171	-4,052	19,744	36,580	42,236	43,142
Investment in fixed assets (approximation)	0	0	0	2,066	8,243	-1,390	0	0	0	32,616	2,397	3,973	2,387	27,954	9,608	3,482	10,046	8,503	17,790	5,883
Change in cash	-6,172	6,072	-8,052	-18,304	21,021	5,366	-6,772	6,014	135	-11,778	6,296	-16,624	5,406	3,822	-26,374	-3,576	-10,136	-21,605	27,091	-
Working capital	54,778	70,803	64,771	61,212	84,614	79,850	82,008	88,735	108,894	93,252	109,689	78,768	95,530	85,239	86,573	95,009	102,543	113,483	85,405	59,989
EBIT margin	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11.3%
Solvency	92.0%	91.2%	93.4%	85.5%	85.9%	80.9%	83.4%	75.3%	76.5%	69.6%	72.6%	77.0%	68.9%	78.8%	81.1%	92.7%	69.4%	75.8%	64.5%	69.1%
Current ratio	12.20	10.95	13.93	6.22	6.57	5.22	7.35	5.24	6.40	4.63	3.35	4.04	3.18	5.92	4.65	11.77	2.85	3.58	2.32	2.53
Debt to equity	0.09	0.10	0.07	0.17	0.16	0.24	0.20	0.33	0.31	0.44	0.38	0.30	0.45	0.27	0.23	0.08	0.44	0.32	0.55	0.45
ROE	-31.3%	4.9%	1.7%	-33.3%	12.9%	-6.8%	-8.8%	-23.1%	8.4%	-17.5%	22.4%	-17.3%	6.6%	3.2%	-9.5%	-12.7%	4.8%	14.7%	22.0%	23.9%
ROA	-28.8%	4.5%	1.6%	-28.5%	11.0%	-5.5%	-7.3%	-17.4%	6.4%	-12.2%	16.3%	-13.3%	4.5%	2.5%	-7.7%	-11.7%	3.3%	11.2%	14.2%	16.5%
Interest coverage	-47.33	5.24	1.57	-145.16	44.79	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73 days
Supplier credit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35 days

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	-	€2,066	€8,243
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€1,596	€2,372	€2,372	€1,222	€1,151

Studio Evert Thiry

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency92.0%

Current ratio12.20

Return on assets-28.8%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on Studio Evert Thiry

Next steps