A & M Studio's: 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.
A & M Studio's
Largest movements
- Cash +€4,574
up €4,574 (+319%), from €1,434 to €6,008
mainly Stocks and contracts (+€4,429) and Net result for the year (+€2,932)
- Stocks and contracts -€4,429
no longer reported in 2025 (was €4,429)
- Receivables within one year +€1,420
up €1,420 (+36.3%), from €3,907 to €5,327
of which Other amounts receivable: +€3,414
- Tangible fixed assets -€914
down €914 (-43.9%), from €2,081 to €1,167
of which Plant, machinery and equipment: -€834
- Formation expenses -€304
no longer reported in 2025 (was €304)
- Reserves +€2,932
up €2,932 (+388%), from €756 to €3,688
- Other debts -€1,692
no longer reported in 2025 (was €1,692)
- Trade debts -€1,080
down €1,080 (-82.5%), from €1,308 to €228
- Tax, wage and social debts +€238
up €238 (+11.2%), from €2,122 to €2,360
- Gross operating margin +€4,775
up €4,775 (+187%), from €2,555 to €7,329
- Financial charges +€1,309
up €1,309 (+369%), from €355 to €1,664
of which Non-recurring financial charges: +€1,172
- Taxes +€762
up €762 (+101%), from €753 to €1,515
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 | €15,929 | €16,277 | +€348 | +2.2% |
| Formation expenses | 20 | €304 | - | -€304 | |
| Fixed assets | 21/28 | €2,081 | €1,167 | -€914 | -43.9% |
| Tangible fixed assets | 22/27 | €2,081 | €1,167 | -€914 | -43.9% |
| Plant, machinery and equipment | 23 | €1,600 | €766 | -€834 | -52.1% |
| Furniture and vehicles | 24 | €481 | €400 | -€80 | -16.7% |
| Current assets | 29/58 | €13,544 | €15,110 | +€1,566 | +11.6% |
| Stocks and contracts in progress | 3 | €4,429 | - | -€4,429 | |
| Stocks | 30/36 | €4,429 | - | -€4,429 | |
| Amounts receivable within one year | 40/41 | €3,907 | €5,327 | +€1,420 | +36.3% |
| Trade receivables | 40 | €3,751 | €1,758 | -€1,994 | -53.1% |
| Other amounts receivable | 41 | €156 | €3,570 | +€3,414 | +2,191% |
| Cash at bank and in hand | 54/58 | €1,434 | €6,008 | +€4,574 | +319% |
| Deferred charges and accrued income | 490/1 | €3,775 | €3,775 | = | 0.0% |
| Total equity and liabilities | 10/49 | €15,929 | €16,277 | +€348 | +2.2% |
| Equity | 10/15 | €10,756 | €13,688 | +€2,932 | +27.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €756 | €3,688 | +€2,932 | +388% |
| Distributable reserves | 133 | €756 | €3,688 | +€2,932 | +388% |
| Amounts payable | 17/49 | €5,173 | €2,589 | -€2,584 | -50.0% |
| Amounts payable within one year | 42/48 | €5,173 | €2,589 | -€2,584 | -50.0% |
| Trade debts | 44 | €1,308 | €228 | -€1,080 | -82.5% |
| Suppliers | 440/4 | €1,308 | €228 | -€1,080 | -82.5% |
| Advances received on contracts in progress | 46 | €50 | - | -€50 | |
| Taxes, remuneration and social security | 45 | €2,122 | €2,360 | +€238 | +11.2% |
| Taxes | 450/3 | €2,122 | €2,360 | +€238 | +11.2% |
| Other amounts payable | 47/48 | €1,692 | - | -€1,692 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | €1,218 | +€59 | +5.1% |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | €2,555 | €7,329 | +€4,775 | +187% |
| Operating profit (loss) | 9901 | €1,334 | €6,111 | +€4,778 | +358% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €355 | €1,664 | +€1,309 | +369% |
| Recurring financial charges | 65 | €355 | €493 | +€138 | +38.9% |
| Non-recurring financial charges | 66B | - | €1,172 | +€1,172 | |
| Profit (loss) for the period before taxes | 9903 | €979 | €4,447 | +€3,467 | +354% |
| Income taxes | 67/77 | €753 | €1,515 | +€762 | +101% |
| Profit (loss) for the period | 9904 | €226 | €2,932 | +€2,705 | +1,194% |
| Profit (loss) for the period to be appropriated | 9905 | €226 | €2,932 | +€2,705 | +1,194% |
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 16 October 2026 via checked.be.