Atelier CHORA: 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.
Atelier CHORA
Largest movements
- Receivables within one year +€200,899
up €200,899 (+70.6%), from €284,758 to €485,657
of which Trade receivables: +€201,707
- Cash -€104,667
down €104,667 (-11.4%), from €920,000 to €815,333
mainly Receivables within one year (-€200,899) and Tax, wage and social debts (-€40,511)
- Tangible fixed assets -€16,480
down €16,480 (-8.2%), from €201,398 to €184,918
of which Furniture and vehicles: -€13,673
- Reserves +€200,000
up €200,000 (+49.8%), from €401,860 to €601,860
of which Distributable reserves: +€200,000
- Tax, wage and social debts -€40,511
down €40,511 (-13.9%), from €292,034 to €251,523
of which Taxes: -€42,684
- Other debts -€37,190
down €37,190 (-78.7%), from €47,243 to €10,053
- Trade debts -€28,764
down €28,764 (-61.8%), from €46,543 to €17,779
- Gross operating margin -€395,948
down €395,948 (-54.2%), from €730,037 to €334,089
- Taxes -€116,251
down €116,251 (-60.4%), from €192,466 to €76,215
- Staff costs +€31,638
new in 2025: €31,638
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.
Derived cash bridge
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 | €1,409,214 | €1,485,908 | +€76,694 | +5.4% |
| Fixed assets | 21/28 | €201,398 | €184,918 | -€16,480 | -8.2% |
| Tangible fixed assets | 22/27 | €201,398 | €184,918 | -€16,480 | -8.2% |
| Land and buildings | 22 | €149,669 | €146,862 | -€2,807 | -1.9% |
| Furniture and vehicles | 24 | €51,729 | €38,056 | -€13,673 | -26.4% |
| Current assets | 29/58 | €1,207,816 | €1,300,990 | +€93,174 | +7.7% |
| Amounts receivable within one year | 40/41 | €284,758 | €485,657 | +€200,899 | +70.6% |
| Trade receivables | 40 | €283,950 | €485,657 | +€201,707 | +71.0% |
| Other amounts receivable | 41 | €808 | - | -€808 | |
| Cash at bank and in hand | 54/58 | €920,000 | €815,333 | -€104,667 | -11.4% |
| Deferred charges and accrued income | 490/1 | €3,058 | - | -€3,058 | |
| Total equity and liabilities | 10/49 | €1,409,214 | €1,485,908 | +€76,694 | +5.4% |
| Equity | 10/15 | €994,622 | €1,196,361 | +€201,739 | +20.3% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €401,860 | €601,860 | +€200,000 | +49.8% |
| 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 | €400,000 | €600,000 | +€200,000 | +50.0% |
| Profit (loss) carried forward | 14 | €586,462 | €588,201 | +€1,739 | +0.3% |
| Amounts payable | 17/49 | €414,592 | €289,547 | -€125,045 | -30.2% |
| Amounts payable after more than one year | 17 | €9,725 | - | -€9,725 | |
| Financial debts | 170/4 | €9,725 | - | -€9,725 | |
| Amounts payable within one year | 42/48 | €404,867 | €289,547 | -€115,320 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €10,220 | €9,725 | -€495 | -4.8% |
| Financial debts | 43 | €8,827 | €467 | -€8,360 | -94.7% |
| Credit institutions | 430/8 | €8,827 | €467 | -€8,360 | -94.7% |
| Trade debts | 44 | €46,543 | €17,779 | -€28,764 | -61.8% |
| Suppliers | 440/4 | €46,543 | €17,779 | -€28,764 | -61.8% |
| Taxes, remuneration and social security | 45 | €292,034 | €251,523 | -€40,511 | -13.9% |
| Taxes | 450/3 | €292,034 | €249,350 | -€42,684 | -14.6% |
| Remuneration and social security | 454/9 | - | €2,173 | +€2,173 | |
| Other amounts payable | 47/48 | €47,243 | €10,053 | -€37,190 | -78.7% |
| Remuneration, social security and pensions | 62 | - | €31,638 | +€31,638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,761 | €18,380 | -€2,381 | -11.5% |
| Other operating charges | 640/8 | €6,245 | €3,081 | -€3,164 | -50.7% |
| Gross operating margin | 9900 | €730,037 | €334,089 | -€395,948 | -54.2% |
| Operating profit (loss) | 9901 | €703,031 | €280,990 | -€422,041 | -60.0% |
| Financial income | 75/76B | €915 | €3,297 | +€2,382 | +260% |
| Recurring financial income | 75 | €915 | €3,297 | +€2,382 | +260% |
| Financial charges | 65/66B | €6,102 | €6,333 | +€231 | +3.8% |
| Recurring financial charges | 65 | €6,102 | €6,333 | +€231 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €697,844 | €277,954 | -€419,890 | -60.2% |
| Income taxes | 67/77 | €192,466 | €76,215 | -€116,251 | -60.4% |
| Profit (loss) for the period | 9904 | €505,378 | €201,739 | -€303,639 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €505,378 | €201,739 | -€303,639 | -60.1% |
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 21 October 2026 via checked.be.