ATELIERS THOSSINGS: what changed
ATELIERS THOSSINGS
Largest movements
- Receivables within one year +€173,864
up €173,864 (+77.0%), from €225,870 to €399,734
of which Trade receivables: +€173,593
- Stocks and contracts +€50,301
up €50,301 (+166%), from €30,233 to €80,534
- Cash -€35,127
down €35,127 (-80.0%), from €43,909 to €8,782
mainly Receivables within one year (-€173,864) and Tax, wage and social debts (-€87,259)
- Tangible fixed assets -€19,124
down €19,124 (-12.4%), from €154,269 to €135,145
of which Land and buildings: -€13,022
- Trade debts +€159,442
up €159,442 (+193%), from €82,536 to €241,978
- Reserves +€146,541
up €146,541 (+1,362%), from €10,758 to €157,299
of which Distributable reserves: +€146,541
- Tax, wage and social debts -€87,259
down €87,259 (-56.8%), from €153,681 to €66,422
of which Taxes: -€76,444
- Other debts -€81,228
down €81,228 (-91.6%), from €88,724 to €7,496
- Short-term financial debts +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Gross operating margin +€122,115
up €122,115 (+32.9%), from €370,832 to €492,947
- Staff costs +€60,457
up €60,457 (+21.1%), from €287,206 to €347,663
- Taxes +€14,616
up €14,616 (+170%), from €8,611 to €23,227
- Write-downs +€10,169
new in 2025: €10,169
- Other operating charges -€5,866
down €5,866 (-19.3%), from €30,322 to €24,456
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 | €460,858 | €626,663 | +€165,805 | +36.0% |
| Fixed assets | 21/28 | €156,737 | €137,613 | -€19,124 | -12.2% |
| Tangible fixed assets | 22/27 | €154,269 | €135,145 | -€19,124 | -12.4% |
| Land and buildings | 22 | €124,930 | €111,908 | -€13,022 | -10.4% |
| Plant, machinery and equipment | 23 | €12,653 | €10,722 | -€1,931 | -15.3% |
| Furniture and vehicles | 24 | €16,686 | €12,515 | -€4,171 | -25.0% |
| Financial fixed assets | 28 | €2,468 | €2,468 | = | 0.0% |
| Current assets | 29/58 | €304,121 | €489,050 | +€184,929 | +60.8% |
| Stocks and contracts in progress | 3 | €30,233 | €80,534 | +€50,301 | +166% |
| Stocks | 30/36 | €30,233 | €80,534 | +€50,301 | +166% |
| Amounts receivable within one year | 40/41 | €225,870 | €399,734 | +€173,864 | +77.0% |
| Trade receivables | 40 | €138,810 | €312,403 | +€173,593 | +125% |
| Other amounts receivable | 41 | €87,060 | €87,331 | +€271 | +0.3% |
| Current investments | 50/53 | €4,109 | - | -€4,109 | |
| Cash at bank and in hand | 54/58 | €43,909 | €8,782 | -€35,127 | -80.0% |
| Total equity and liabilities | 10/49 | €460,858 | €626,663 | +€165,805 | +36.0% |
| Equity | 10/15 | €29,350 | €175,891 | +€146,541 | +499% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,758 | €157,299 | +€146,541 | +1,362% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,899 | €8,899 | = | 0.0% |
| Distributable reserves | 133 | - | €146,541 | +€146,541 | |
| Amounts payable | 17/49 | €431,508 | €450,772 | +€19,264 | +4.5% |
| Amounts payable after more than one year | 17 | €10,898 | - | -€10,898 | |
| Financial debts | 170/4 | €10,898 | - | -€10,898 | |
| Amounts payable within one year | 42/48 | €415,281 | €450,772 | +€35,491 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €15,340 | €34,876 | +€19,536 | +127% |
| Financial debts | 43 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Credit institutions | 430/8 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Trade debts | 44 | €82,536 | €241,978 | +€159,442 | +193% |
| Suppliers | 440/4 | €82,536 | €241,978 | +€159,442 | +193% |
| Taxes, remuneration and social security | 45 | €153,681 | €66,422 | -€87,259 | -56.8% |
| Taxes | 450/3 | €114,783 | €38,339 | -€76,444 | -66.6% |
| Remuneration and social security | 454/9 | €38,898 | €28,083 | -€10,815 | -27.8% |
| Other amounts payable | 47/48 | €88,724 | €7,496 | -€81,228 | -91.6% |
| Accrued charges and deferred income | 492/3 | €5,329 | - | -€5,329 | |
| Remuneration, social security and pensions | 62 | €287,206 | €347,663 | +€60,457 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,585 | €19,124 | -€461 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,169 | +€10,169 | |
| Other operating charges | 640/8 | €30,322 | €24,456 | -€5,866 | -19.3% |
| Non-recurring operating charges | 66A | €2,329 | - | -€2,329 | |
| Gross operating margin | 9900 | €370,832 | €492,947 | +€122,115 | +32.9% |
| Operating profit (loss) | 9901 | €31,390 | €91,535 | +€60,145 | +192% |
| Financial income | 75/76B | €97 | €155 | +€58 | +59.8% |
| Recurring financial income | 75 | €97 | €155 | +€58 | +59.8% |
| Financial charges | 65/66B | €6,336 | €10,196 | +€3,860 | +60.9% |
| Recurring financial charges | 65 | €6,336 | €10,196 | +€3,860 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | €25,151 | €81,494 | +€56,343 | +224% |
| Income taxes | 67/77 | €8,611 | €23,227 | +€14,616 | +170% |
| Profit (loss) for the period | 9904 | €16,540 | €58,267 | +€41,727 | +252% |
| Profit (loss) for the period to be appropriated | 9905 | €16,540 | €58,267 | +€41,727 | +252% |
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 4 November 2026 via checked.be.