10B STUDIO: 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.
10B STUDIO
Largest movements
- Receivables within one year +€33,504
up €33,504 (+150.0%), from €22,333 to €55,837
of which Trade receivables: +€33,430
- Tangible fixed assets -€7,388
down €7,388 (-22.8%), from €32,369 to €24,982
of which Furniture and vehicles: -€6,708
- Cash -€5,063
down €5,063 (-9.0%), from €55,968 to €50,905
mainly Contributions, distributions and other (-€46,000) and Receivables within one year (-€33,504)
- Other debts +€21,000
new in 2025: €21,000
- Tax, wage and social debts +€14,264
up €14,264 (+628.8%), from €2,268 to €16,532
- Reserves -€14,219
down €14,219 (-14.4%), from €98,699 to €84,480
- Trade debts +€1,495
up €1,495 (+235.9%), from €634 to €2,128
- Taxes +€9,977
up €9,977 (+120.8%), from €8,262 to €18,240
- Gross operating margin +€4,915
up €4,915 (+8.7%), from €56,503 to €61,419
- Depreciation -€1,818
down €1,818 (-16.8%), from €10,838 to €9,020
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.
Cash bridge derived
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 | €111,801 | €134,141 | +€22,340 | +20.0% |
| Fixed assets | 21/28 | €32,369 | €24,982 | -€7,388 | -22.8% |
| Tangible fixed assets | 22/27 | €32,369 | €24,982 | -€7,388 | -22.8% |
| Plant, machinery and equipment | 23 | €14,944 | €14,263 | -€680 | -4.6% |
| Furniture and vehicles | 24 | €17,426 | €10,718 | -€6,708 | -38.5% |
| Current assets | 29/58 | €79,431 | €109,159 | +€29,728 | +37.4% |
| Amounts receivable within one year | 40/41 | €22,333 | €55,837 | +€33,504 | +150.0% |
| Trade receivables | 40 | €2,028 | €35,458 | +€33,430 | +1648.7% |
| Other amounts receivable | 41 | €20,305 | €20,379 | +€74 | +0.4% |
| Cash at bank and in hand | 54/58 | €55,968 | €50,905 | -€5,063 | -9.0% |
| Deferred charges and accrued income | 490/1 | €1,130 | €2,417 | +€1,287 | +113.8% |
| Total equity and liabilities | 10/49 | €111,801 | €134,141 | +€22,340 | +20.0% |
| Equity | 10/15 | €108,699 | €94,480 | -€14,219 | -13.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €98,699 | €84,480 | -€14,219 | -14.4% |
| Distributable reserves | 133 | €98,699 | €84,480 | -€14,219 | -14.4% |
| Amounts payable | 17/49 | €3,102 | €39,660 | +€36,559 | +1178.6% |
| Amounts payable within one year | 42/48 | €2,902 | €39,660 | +€36,759 | +1266.7% |
| Trade debts | 44 | €634 | €2,128 | +€1,495 | +235.9% |
| Suppliers | 440/4 | €634 | €2,128 | +€1,495 | +235.9% |
| Taxes, remuneration and social security | 45 | €2,268 | €16,532 | +€14,264 | +628.8% |
| Taxes | 450/3 | €2,268 | €16,532 | +€14,264 | +628.8% |
| Other amounts payable | 47/48 | - | €21,000 | +€21,000 | |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,838 | €9,020 | -€1,818 | -16.8% |
| Other operating charges | 640/8 | €1,617 | €1,740 | +€123 | +7.6% |
| Gross operating margin | 9900 | €56,503 | €61,419 | +€4,915 | +8.7% |
| Operating profit (loss) | 9901 | €44,049 | €50,659 | +€6,610 | +15.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -83.7% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -83.7% |
| Financial charges | 65/66B | €606 | €638 | +€32 | +5.3% |
| Recurring financial charges | 65 | €606 | €638 | +€32 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €43,444 | €50,021 | +€6,577 | +15.1% |
| Income taxes | 67/77 | €8,262 | €18,240 | +€9,977 | +120.8% |
| Profit (loss) for the period | 9904 | €35,182 | €31,781 | -€3,401 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,182 | €31,781 | -€3,401 | -9.7% |
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 10 October 2026 via checked.be.