Atelier Mitch: what changed
What changed
Atelier Mitch
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€1,059
2024 · -€22,173+€23,232
Equity
-€11,845
2024 · -€12,903+€1,059
Cash
€23,116
2024 · €20,602+€2,514
Balance sheet total
€278,059
2024 · €318,540-€40,481
Largest movements
Assets
- Tangible fixed assets -€29,021
down €29,021 (-15.1%), from €192,763 to €163,742
- Receivables within one year -€26,900
down €26,900 (-54.2%), from €49,604 to €22,704
of which Trade receivables: -€25,244
- Stocks and contracts +€13,090
up €13,090 (+23.9%), from €54,699 to €67,790
of which Contracts in progress: +€7,000
Equity and liabilities
- Trade debts -€33,926
down €33,926 (-91.9%), from €36,926 to €3,000
- Debts after one year -€12,394
down €12,394 (-12.5%), from €98,939 to €86,545
- Other debts +€6,480
up €6,480 (+3.6%), from €181,355 to €187,835
Income statement
- Gross operating margin +€22,447
up €22,447 (+147%), from €15,241 to €37,687
- Financial charges -€883
down €883 (-15.0%), from €5,884 to €5,001
- Depreciation +€479
up €479 (+1.6%), from €30,191 to €30,670
- Financial income +€466
up €466 (+5,012%), from €9 to €475
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.
Result 2024
-€22,173
Gross operating margin
+€22,447
Depreciation
-€479
Other operating charges
-€85
Financial income
+€466
Financial charges
+€883
Result 2025
€1,059
raises the resultlowers the result
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.
From operations
+€15,972
Investment
-€1,649
Financing
-€11,810
Cash 2024
€20,602
From operations (derived)
+€15,972
Net result for the year
+€1,059
Depreciation
+€30,670
Stocks and contracts
-€13,090
Receivables within one year
+€26,900
Deferred charges and accrued income
+€163
Trade debts
-€33,926
Tax, wage and social debts
-€2,284
Other debts
+€6,480
Investment (derived)
-€1,649
Investment in fixed assets (net)
-€1,649
Financing
-€11,810
Debts after one year
-€12,394
Current portion of long-term debt
+€414
Short-term financial debts
+€170
Cash 2025
€23,116
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,540 | €278,059 | -€40,481 | -12.7% |
| Fixed assets | 21/28 | €192,763 | €163,742 | -€29,021 | -15.1% |
| Tangible fixed assets | 22/27 | €192,763 | €163,742 | -€29,021 | -15.1% |
| Land and buildings | 22 | €140,654 | €130,709 | -€9,946 | -7.1% |
| Plant, machinery and equipment | 23 | €38,929 | €27,656 | -€11,273 | -29.0% |
| Furniture and vehicles | 24 | €2,221 | €1,096 | -€1,124 | -50.6% |
| Leasing and similar rights | 25 | €10,959 | €4,281 | -€6,678 | -60.9% |
| Current assets | 29/58 | €125,777 | €114,317 | -€11,460 | -9.1% |
| Stocks and contracts in progress | 3 | €54,699 | €67,790 | +€13,090 | +23.9% |
| Stocks | 30/36 | €14,699 | €20,790 | +€6,090 | +41.4% |
| Contracts in progress | 37 | €40,000 | €47,000 | +€7,000 | +17.5% |
| Amounts receivable within one year | 40/41 | €49,604 | €22,704 | -€26,900 | -54.2% |
| Trade receivables | 40 | €43,485 | €18,240 | -€25,244 | -58.1% |
| Other amounts receivable | 41 | €6,119 | €4,463 | -€1,656 | -27.1% |
| Cash at bank and in hand | 54/58 | €20,602 | €23,116 | +€2,514 | +12.2% |
| Deferred charges and accrued income | 490/1 | €871 | €708 | -€163 | -18.8% |
| Total equity and liabilities | 10/49 | €318,540 | €278,059 | -€40,481 | -12.7% |
| Equity | 10/15 | -€12,903 | -€11,845 | +€1,059 | +8.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,872 | €18,872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | - | -€1,240 | |
| Other | 1319 | - | €1,240 | +€1,240 | |
| Distributable reserves | 133 | €17,632 | €17,632 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,176 | -€43,117 | +€1,059 | +2.4% |
| Amounts payable | 17/49 | €331,444 | €289,904 | -€41,540 | -12.5% |
| Amounts payable after more than one year | 17 | €98,939 | €86,545 | -€12,394 | -12.5% |
| Financial debts | 170/4 | €98,939 | €86,545 | -€12,394 | -12.5% |
| Amounts payable within one year | 42/48 | €232,505 | €203,359 | -€29,146 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €11,940 | €12,354 | +€414 | +3.5% |
| Financial debts | 43 | - | €170 | +€170 | |
| Credit institutions | 430/8 | - | €170 | +€170 | |
| Trade debts | 44 | €36,926 | €3,000 | -€33,926 | -91.9% |
| Suppliers | 440/4 | €36,926 | €3,000 | -€33,926 | -91.9% |
| Taxes, remuneration and social security | 45 | €2,284 | €0 | -€2,284 | -100% |
| Taxes | 450/3 | €2,284 | €0 | -€2,284 | -100% |
| Other amounts payable | 47/48 | €181,355 | €187,835 | +€6,480 | +3.6% |
| Non-recurring operating income | 76A | €10,670 | €0 | -€10,670 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,191 | €30,670 | +€479 | +1.6% |
| Other operating charges | 640/8 | €1,348 | €1,433 | +€85 | +6.3% |
| Gross operating margin | 9900 | €15,241 | €37,687 | +€22,447 | +147% |
| Operating profit (loss) | 9901 | -€16,298 | €5,584 | +€21,882 | |
| Financial income | 75/76B | €9 | €475 | +€466 | +5,012% |
| Recurring financial income | 75 | €9 | €475 | +€466 | +5,012% |
| Financial charges | 65/66B | €5,884 | €5,001 | -€883 | -15.0% |
| Recurring financial charges | 65 | €5,884 | €5,001 | -€883 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,173 | €1,059 | +€23,232 | |
| Profit (loss) for the period | 9904 | -€22,173 | €1,059 | +€23,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,173 | €1,059 | +€23,232 |
Next steps
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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 2 November 2026 via checked.be.