B&V 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&V Studio
Largest movements
- Tangible fixed assets +€47,472
new in 2025: €47,472
of which Furniture and vehicles: +€43,404
- Intangible fixed assets +€41,024
up €41,024 (+21.3%), from €192,705 to €233,729
- Receivables within one year +€23,854
up €23,854 (+1,755%), from €1,359 to €25,214
- Debts after one year +€63,829
up €63,829 (+47.1%), from €135,451 to €199,280
- Trade debts +€48,534
up €48,534 (+1,459%), from €3,326 to €51,860
- Profit (loss) carried forward -€35,417
down €35,417 (-128%), from -€27,564 to -€62,981
- Current portion of long-term debt +€20,694
up €20,694 (+84.3%), from €24,549 to €45,244
- Other debts +€9,392
up €9,392 (+26.0%), from €36,105 to €45,497
- Gross operating margin +€57,630
up €57,630, from -€5,630 to €51,999
- Staff costs +€32,845
up €32,845 (+344%), from €9,535 to €42,380
- Depreciation +€26,177
up €26,177 (+301%), from €8,709 to €34,885
- Financial charges +€6,675
up €6,675 (+207%), from €3,218 to €9,893
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 | €195,310 | €306,415 | +€111,104 | +56.9% |
| Fixed assets | 21/28 | €192,705 | €281,201 | +€88,496 | +45.9% |
| Intangible fixed assets | 21 | €192,705 | €233,729 | +€41,024 | +21.3% |
| Tangible fixed assets | 22/27 | - | €47,472 | +€47,472 | |
| Plant, machinery and equipment | 23 | - | €4,068 | +€4,068 | |
| Furniture and vehicles | 24 | - | €43,404 | +€43,404 | |
| Current assets | 29/58 | €2,606 | €25,214 | +€22,608 | +868% |
| Amounts receivable within one year | 40/41 | €1,359 | €25,214 | +€23,854 | +1,755% |
| Other amounts receivable | 41 | €1,359 | €25,214 | +€23,854 | +1,755% |
| Cash at bank and in hand | 54/58 | €1,246 | - | -€1,246 | |
| Total equity and liabilities | 10/49 | €195,310 | €306,415 | +€111,104 | +56.9% |
| Equity | 10/15 | -€7,564 | -€42,981 | -€35,417 | -468% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,564 | -€62,981 | -€35,417 | -128% |
| Amounts payable | 17/49 | €202,874 | €349,395 | +€146,521 | +72.2% |
| Amounts payable after more than one year | 17 | €135,451 | €199,280 | +€63,829 | +47.1% |
| Financial debts | 170/4 | €135,451 | €199,280 | +€63,829 | +47.1% |
| Amounts payable within one year | 42/48 | €67,036 | €150,014 | +€82,978 | +124% |
| Current portion of amounts payable after more than one year | 42 | €24,549 | €45,244 | +€20,694 | +84.3% |
| Financial debts | 43 | - | €1,174 | +€1,174 | |
| Credit institutions | 430/8 | - | €1,174 | +€1,174 | |
| Trade debts | 44 | €3,326 | €51,860 | +€48,534 | +1,459% |
| Suppliers | 440/4 | €3,326 | €51,860 | +€48,534 | +1,459% |
| Taxes, remuneration and social security | 45 | €3,055 | €6,238 | +€3,183 | +104% |
| Remuneration and social security | 454/9 | €3,055 | €6,238 | +€3,183 | +104% |
| Other amounts payable | 47/48 | €36,105 | €45,497 | +€9,392 | +26.0% |
| Accrued charges and deferred income | 492/3 | €387 | €102 | -€286 | -73.8% |
| Remuneration, social security and pensions | 62 | €9,535 | €42,380 | +€32,845 | +344% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,709 | €34,885 | +€26,177 | +301% |
| Other operating charges | 640/8 | €474 | €640 | +€166 | +35.0% |
| Gross operating margin | 9900 | -€5,630 | €51,999 | +€57,630 | |
| Operating profit (loss) | 9901 | -€24,348 | -€25,906 | -€1,558 | -6.4% |
| Financial income | 75/76B | €1 | €381 | +€380 | +28,149% |
| Recurring financial income | 75 | €1 | €381 | +€380 | +28,149% |
| Financial charges | 65/66B | €3,218 | €9,893 | +€6,675 | +207% |
| Recurring financial charges | 65 | €3,218 | €9,893 | +€6,675 | +207% |
| Profit (loss) for the period before taxes | 9903 | -€27,564 | -€35,417 | -€7,853 | -28.5% |
| Profit (loss) for the period | 9904 | -€27,564 | -€35,417 | -€7,853 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,564 | -€35,417 | -€7,853 | -28.5% |
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.