ATELIER THIRON: what changed
What changed
ATELIER THIRON
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
filed annual accounts (NBB)
Net result for the year
-€64,385
2025 · €334-€64,718
Equity
€184,567
2025 · -€91,048+€275,615
Cash
€459
2025 · €3,995-€3,536
Balance sheet total
€813,827
2025 · €464,063+€349,764
Largest movements
Assets
- Financial fixed assets +€240,001
new in 2026: €240,001
- Receivables within one year +€124,461
up €124,461 (+31.9%), from €390,741 to €515,203
of which Trade receivables: +€192,166
Equity and liabilities
- Contributions +€340,000
up €340,000 (+1,097%), from €31,000 to €371,000
- Profit (loss) carried forward -€64,385
down €64,385 (-39.1%), from -€164,752 to -€229,136
- Trade debts +€62,163
up €62,163 (+45.2%), from €137,478 to €199,641
- Debts after one year -€35,000
down €35,000 (-9.6%), from €364,000 to €329,000
- Other debts +€34,008
up €34,008 (+647%), from €5,258 to €39,267
Income statement
- Financial charges +€56,956
up €56,956 (+905%), from €6,292 to €63,248
of which Non-recurring financial charges: +€56,122
- Gross operating margin -€2,574
down €2,574 (-24.7%), from €10,427 to €7,853
- Other operating charges +€1,200
up €1,200 (+37.8%), from €3,175 to €4,376
- Financial income +€752
up €752 (+2,505%), from €30 to €782
- Taxes +€381
up €381, from €0 to €381
Change in the result, 2025 to 2026
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 2025
€334
Gross operating margin
-€2,574
Depreciation
+€139
Other operating charges
-€1,200
Other operating items
-€4,499
Financial income
+€752
Financial charges
-€56,956
Taxes
-€381
Result 2026
-€64,385
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€68,535
Investment
-€240,001
Financing
+€305,000
Cash 2025
€3,995
From operations (derived)
-€68,535
Net result for the year
-€64,385
Depreciation
+€5,015
Stocks and contracts
+€2,000
Receivables within one year
-€124,461
Deferred charges and accrued income
+€4,148
Trade debts
+€62,163
Tax, wage and social debts
-€2,023
Other debts
+€34,008
Accrued charges and deferred income
+€15,000
Investment (derived)
-€240,001
Investment in fixed assets (net)
-€240,001
Financing
+€305,000
Debts after one year
-€35,000
Contributions, distributions and other
+€340,000
Cash 2026
€459
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €464,063 | €813,827 | +€349,764 | +75.4% |
| Fixed assets | 21/28 | €9,983 | €244,969 | +€234,986 | +2,354% |
| Tangible fixed assets | 22/27 | €9,983 | €4,968 | -€5,015 | -50.2% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €46 | €0 | -€46 | -100% |
| Other tangible fixed assets | 26 | €9,937 | €4,968 | -€4,968 | -50.0% |
| Financial fixed assets | 28 | - | €240,001 | +€240,001 | |
| Current assets | 29/58 | €454,080 | €568,858 | +€114,778 | +25.3% |
| Stocks and contracts in progress | 3 | €54,965 | €52,965 | -€2,000 | -3.6% |
| Stocks | 30/36 | €54,965 | €52,965 | -€2,000 | -3.6% |
| Amounts receivable within one year | 40/41 | €390,741 | €515,203 | +€124,461 | +31.9% |
| Trade receivables | 40 | €147,018 | €339,184 | +€192,166 | +131% |
| Other amounts receivable | 41 | €243,723 | €176,019 | -€67,704 | -27.8% |
| Cash at bank and in hand | 54/58 | €3,995 | €459 | -€3,536 | -88.5% |
| Deferred charges and accrued income | 490/1 | €4,380 | €232 | -€4,148 | -94.7% |
| Total equity and liabilities | 10/49 | €464,063 | €813,827 | +€349,764 | +75.4% |
| Equity | 10/15 | -€91,048 | €184,567 | +€275,615 | |
| Contributions | 10/11 | €31,000 | €371,000 | +€340,000 | +1,097% |
| Reserves | 13 | €42,703 | €42,703 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €38,703 | €38,703 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,752 | -€229,136 | -€64,385 | -39.1% |
| Amounts payable | 17/49 | €555,112 | €629,260 | +€74,149 | +13.4% |
| Amounts payable after more than one year | 17 | €364,000 | €329,000 | -€35,000 | -9.6% |
| Financial debts | 170/4 | €364,000 | €329,000 | -€35,000 | -9.6% |
| Amounts payable within one year | 42/48 | €191,112 | €285,260 | +€94,149 | +49.3% |
| Trade debts | 44 | €137,478 | €199,641 | +€62,163 | +45.2% |
| Suppliers | 440/4 | €137,478 | €199,641 | +€62,163 | +45.2% |
| Taxes, remuneration and social security | 45 | €48,375 | €46,352 | -€2,023 | -4.2% |
| Taxes | 450/3 | €48,375 | €46,352 | -€2,023 | -4.2% |
| Other amounts payable | 47/48 | €5,258 | €39,267 | +€34,008 | +647% |
| Accrued charges and deferred income | 492/3 | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,154 | €5,015 | -€139 | -2.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,175 | €4,376 | +€1,200 | +37.8% |
| Non-recurring operating charges | 66A | -€4,499 | €0 | +€4,499 | |
| Gross operating margin | 9900 | €10,427 | €7,853 | -€2,574 | -24.7% |
| Operating profit (loss) | 9901 | €6,596 | -€1,537 | -€8,133 | |
| Financial income | 75/76B | €30 | €782 | +€752 | +2,505% |
| Recurring financial income | 75 | €30 | €782 | +€752 | +2,505% |
| Financial charges | 65/66B | €6,292 | €63,248 | +€56,956 | +905% |
| Recurring financial charges | 65 | €6,292 | €7,127 | +€834 | +13.3% |
| Non-recurring financial charges | 66B | - | €56,122 | +€56,122 | |
| Profit (loss) for the period before taxes | 9903 | €334 | -€64,004 | -€64,338 | |
| Income taxes | 67/77 | €0 | €381 | +€381 | |
| Profit (loss) for the period | 9904 | €334 | -€64,385 | -€64,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €334 | -€64,385 | -€64,718 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.