Denim Atelier: 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.
Denim Atelier
Largest movements
- Deferred charges and accrued income +€219,544
up €219,544 (+6,855%), from €3,202 to €222,747
- Stocks and contracts -€103,787
down €103,787 (-24.7%), from €419,582 to €315,795
- Receivables within one year -€78,264
down €78,264 (-30.0%), from €260,642 to €182,377
of which Trade receivables: -€77,991
- Cash +€50,837
up €50,837 (+68.9%), from €73,747 to €124,584
mainly Trade debts (+€223,649) and Other debts (+€199,061)
- Tangible fixed assets -€9,909
down €9,909 (-30.8%), from €32,151 to €22,242
of which Furniture and vehicles: -€7,635
- Profit (loss) carried forward -€333,176
new in 2025: -€333,176
- Trade debts +€223,649
up €223,649 (+46.9%), from €476,409 to €700,058
- Other debts +€199,061
up €199,061 (+387%), from €51,467 to €250,528
- Gross operating margin -€299,823
down €299,823 (-92.6%), from €323,897 to €24,074
- Write-downs +€86,276
up €86,276, from -€26,308 to €59,968
- Staff costs -€23,525
down €23,525 (-8.7%), from €269,722 to €246,197
- Taxes -€12,743
down €12,743 (-93.6%), from €13,620 to €877
- Financial income +€5,155
up €5,155 (+379%), from €1,362 to €6,517
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 | €794,759 | €872,148 | +€77,388 | +9.7% |
| Fixed assets | 21/28 | €37,586 | €26,645 | -€10,941 | -29.1% |
| Intangible fixed assets | 21 | €2,834 | €1,803 | -€1,032 | -36.4% |
| Tangible fixed assets | 22/27 | €32,151 | €22,242 | -€9,909 | -30.8% |
| Plant, machinery and equipment | 23 | €3,731 | €2,373 | -€1,358 | -36.4% |
| Furniture and vehicles | 24 | €21,852 | €14,217 | -€7,635 | -34.9% |
| Other tangible fixed assets | 26 | €6,568 | €5,652 | -€917 | -14.0% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €757,174 | €845,503 | +€88,329 | +11.7% |
| Stocks and contracts in progress | 3 | €419,582 | €315,795 | -€103,787 | -24.7% |
| Stocks | 30/36 | €419,582 | €315,795 | -€103,787 | -24.7% |
| Amounts receivable within one year | 40/41 | €260,642 | €182,377 | -€78,264 | -30.0% |
| Trade receivables | 40 | €249,853 | €171,863 | -€77,991 | -31.2% |
| Other amounts receivable | 41 | €10,789 | €10,515 | -€274 | -2.5% |
| Cash at bank and in hand | 54/58 | €73,747 | €124,584 | +€50,837 | +68.9% |
| Deferred charges and accrued income | 490/1 | €3,202 | €222,747 | +€219,544 | +6,855% |
| Total equity and liabilities | 10/49 | €794,759 | €872,148 | +€77,388 | +9.7% |
| Equity | 10/15 | €35,279 | -€303,176 | -€338,455 | |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €5,279 | - | -€5,279 | |
| Distributable reserves | 133 | €5,279 | - | -€5,279 | |
| Profit (loss) carried forward | 14 | - | -€333,176 | -€333,176 | |
| Amounts payable | 17/49 | €759,480 | €1,175,324 | +€415,844 | +54.8% |
| Amounts payable within one year | 42/48 | €759,480 | €1,174,996 | +€415,516 | +54.7% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €476,409 | €700,058 | +€223,649 | +46.9% |
| Suppliers | 440/4 | €476,409 | €700,058 | +€223,649 | +46.9% |
| Taxes, remuneration and social security | 45 | €81,604 | €74,410 | -€7,194 | -8.8% |
| Taxes | 450/3 | €59,638 | €47,900 | -€11,738 | -19.7% |
| Remuneration and social security | 454/9 | €21,966 | €26,510 | +€4,544 | +20.7% |
| Other amounts payable | 47/48 | €51,467 | €250,528 | +€199,061 | +387% |
| Accrued charges and deferred income | 492/3 | - | €327 | +€327 | |
| Non-recurring operating income | 76A | - | €9,300 | +€9,300 | |
| Remuneration, social security and pensions | 62 | €269,722 | €246,197 | -€23,525 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,505 | €9,795 | +€290 | +3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€26,308 | €59,968 | +€86,276 | |
| Other operating charges | 640/8 | €4,383 | €5,312 | +€929 | +21.2% |
| Gross operating margin | 9900 | €323,897 | €24,074 | -€299,823 | -92.6% |
| Operating profit (loss) | 9901 | €66,595 | -€297,198 | -€363,793 | |
| Financial income | 75/76B | €1,362 | €6,517 | +€5,155 | +379% |
| Recurring financial income | 75 | €1,362 | €6,517 | +€5,155 | +379% |
| Financial charges | 65/66B | €50,403 | €46,898 | -€3,505 | -7.0% |
| Recurring financial charges | 65 | €50,403 | €46,898 | -€3,505 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €17,554 | -€337,579 | -€355,133 | |
| Income taxes | 67/77 | €13,620 | €877 | -€12,743 | -93.6% |
| Profit (loss) for the period | 9904 | €3,934 | -€338,455 | -€342,390 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,934 | -€338,455 | -€342,390 |
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 28 October 2026 via checked.be.