B.N.B. 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.
B.N.B. STUDIO
Largest movements
- Current investments +€60,000
up €60,000 (+85.7%), from €70,000 to €130,000
- Cash -€55,474
down €55,474 (-52.6%), from €105,456 to €49,982
mainly Current investments (-€60,000) and Investment in fixed assets (net) (-€16,410)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€13,937
down €13,937 (-78.7%), from €17,705 to €3,768
- Gross operating margin -€3,339
down €3,339 (-10.3%), from €32,356 to €29,017
- Taxes -€1,559
down €1,559 (-50.2%), from €3,103 to €1,545
- Depreciation +€496
up €496 (+2.1%), from €23,814 to €24,310
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 | €923,922 | €924,651 | +€729 | +0.1% |
| Fixed assets | 21/28 | €739,287 | €731,387 | -€7,900 | -1.1% |
| Tangible fixed assets | 22/27 | €739,287 | €731,387 | -€7,900 | -1.1% |
| Land and buildings | 22 | €739,287 | €731,387 | -€7,900 | -1.1% |
| Current assets | 29/58 | €184,635 | €193,264 | +€8,629 | +4.7% |
| Amounts receivable within one year | 40/41 | €6,991 | €11,521 | +€4,530 | +64.8% |
| Other amounts receivable | 41 | €6,991 | €11,521 | +€4,530 | +64.8% |
| Current investments | 50/53 | €70,000 | €130,000 | +€60,000 | +85.7% |
| Cash at bank and in hand | 54/58 | €105,456 | €49,982 | -€55,474 | -52.6% |
| Deferred charges and accrued income | 490/1 | €2,188 | €1,761 | -€427 | -19.5% |
| Total equity and liabilities | 10/49 | €923,922 | €924,651 | +€729 | +0.1% |
| Equity | 10/15 | €920,126 | €917,727 | -€2,399 | -0.3% |
| Contributions | 10/11 | €439,000 | €439,000 | = | 0.0% |
| Reserves | 13 | €481,126 | €478,727 | -€2,399 | -0.5% |
| Distributable reserves | 133 | €481,126 | €478,727 | -€2,399 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €3,796 | €6,925 | +€3,128 | +82.4% |
| Amounts payable within one year | 42/48 | €3,796 | €6,925 | +€3,128 | +82.4% |
| Trade debts | 44 | €2,893 | €5,601 | +€2,709 | +93.6% |
| Suppliers | 440/4 | €2,893 | €5,601 | +€2,709 | +93.6% |
| Taxes, remuneration and social security | 45 | €904 | €1,323 | +€420 | +46.4% |
| Taxes | 450/3 | €904 | €1,323 | +€420 | +46.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,000 | €0 | -€6,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,814 | €24,310 | +€496 | +2.1% |
| Other operating charges | 640/8 | €3,741 | €3,602 | -€139 | -3.7% |
| Gross operating margin | 9900 | €32,356 | €29,017 | -€3,339 | -10.3% |
| Operating profit (loss) | 9901 | €4,801 | €1,106 | -€3,695 | -77.0% |
| Financial income | 75/76B | €17,705 | €3,768 | -€13,937 | -78.7% |
| Recurring financial income | 75 | €17,705 | €3,768 | -€13,937 | -78.7% |
| Financial charges | 65/66B | €520 | €437 | -€83 | -16.0% |
| Recurring financial charges | 65 | €520 | €437 | -€83 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €21,986 | €4,437 | -€17,549 | -79.8% |
| Income taxes | 67/77 | €3,103 | €1,545 | -€1,559 | -50.2% |
| Profit (loss) for the period | 9904 | €18,883 | €2,892 | -€15,990 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,883 | €2,892 | -€15,990 | -84.7% |
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 18 October 2026 via checked.be.