97 STUDIO: what changed
Two fiscal 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.
97 STUDIO
Largest movements
- Cash +€18,913
up €18,913 (+33.3%), from €56,842 to €75,755
mainly Net result for the year (+€40,102) and Investment in fixed assets (net) (+€8,458)
- Deferred charges and accrued income +€17,872
up €17,872 (+687.8%), from €2,599 to €20,470
- Stocks and contracts +€13,163
up €13,163 (+41.1%), from €32,054 to €45,218
- Tangible fixed assets -€8,458
down €8,458 (-100.0%), from €8,458 to €0
- Receivables within one year -€7,192
down €7,192 (-26.8%), from €26,873 to €19,680
of which Trade receivables: -€13,064
- Reserves +€35,102
up €35,102 (+50.7%), from €69,292 to €104,395
- Trade debts -€3,227
down €3,227 (-60.2%), from €5,365 to €2,138
- Other debts +€2,161
up €2,161 (+75.3%), from €2,869 to €5,030
- Gross operating margin +€11,044
up €11,044 (+22.8%), from €48,502 to €59,546
- Depreciation -€6,249
down €6,249 (-100.0%), from €6,249 to €0
- Taxes +€3,473
up €3,473 (+24.3%), from €14,300 to €17,773
- Financial charges +€609
up €609 (+322.5%), from €189 to €798
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 | €126,975 | €161,273 | +€34,298 | +27.0% |
| Fixed assets | 21/28 | €8,608 | €150 | -€8,458 | -98.3% |
| Tangible fixed assets | 22/27 | €8,458 | €0 | -€8,458 | -100.0% |
| Furniture and vehicles | 24 | €8,458 | €0 | -€8,458 | -100.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €118,367 | €161,123 | +€42,756 | +36.1% |
| Stocks and contracts in progress | 3 | €32,054 | €45,218 | +€13,163 | +41.1% |
| Stocks | 30/36 | €32,054 | €45,218 | +€13,163 | +41.1% |
| Amounts receivable within one year | 40/41 | €26,873 | €19,680 | -€7,192 | -26.8% |
| Trade receivables | 40 | €26,508 | €13,443 | -€13,064 | -49.3% |
| Other amounts receivable | 41 | €365 | €6,237 | +€5,872 | +1608.2% |
| Cash at bank and in hand | 54/58 | €56,842 | €75,755 | +€18,913 | +33.3% |
| Deferred charges and accrued income | 490/1 | €2,599 | €20,470 | +€17,872 | +687.8% |
| Total equity and liabilities | 10/49 | €126,975 | €161,273 | +€34,298 | +27.0% |
| Equity | 10/15 | €108,138 | €143,240 | +€35,102 | +32.5% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €69,292 | €104,395 | +€35,102 | +50.7% |
| Distributable reserves | 133 | €69,292 | €104,395 | +€35,102 | +50.7% |
| Profit (loss) carried forward | 14 | €29,845 | €29,845 | = | 0.0% |
| Amounts payable | 17/49 | €18,838 | €18,033 | -€805 | -4.3% |
| Amounts payable within one year | 42/48 | €18,838 | €18,033 | -€805 | -4.3% |
| Trade debts | 44 | €5,365 | €2,138 | -€3,227 | -60.2% |
| Suppliers | 440/4 | €5,365 | €2,138 | -€3,227 | -60.2% |
| Taxes, remuneration and social security | 45 | €10,603 | €10,865 | +€262 | +2.5% |
| Taxes | 450/3 | €10,603 | €10,865 | +€262 | +2.5% |
| Other amounts payable | 47/48 | €2,869 | €5,030 | +€2,161 | +75.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,249 | €0 | -€6,249 | -100.0% |
| Other operating charges | 640/8 | €1,110 | €901 | -€209 | -18.8% |
| Gross operating margin | 9900 | €48,502 | €59,546 | +€11,044 | +22.8% |
| Operating profit (loss) | 9901 | €41,142 | €58,644 | +€17,502 | +42.5% |
| Financial income | 75/76B | €0 | €30 | +€30 | |
| Recurring financial income | 75 | €0 | €30 | +€30 | |
| Financial charges | 65/66B | €189 | €798 | +€609 | +322.5% |
| Recurring financial charges | 65 | €189 | €798 | +€609 | +322.5% |
| Profit (loss) for the period before taxes | 9903 | €40,953 | €57,876 | +€16,922 | +41.3% |
| Income taxes | 67/77 | €14,300 | €17,773 | +€3,473 | +24.3% |
| Profit (loss) for the period | 9904 | €26,653 | €40,102 | +€13,449 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,653 | €40,102 | +€13,449 | +50.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.