B2 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.
B2 STUDIO
Largest movements
- Tangible fixed assets -€8,919
down €8,919 (-37.5%), from €23,814 to €14,895
of which Furniture and vehicles: -€6,688
- Receivables within one year -€3,598
down €3,598 (-29.1%), from €12,383 to €8,785
of which Trade receivables: -€3,296
- Intangible fixed assets -€2,229
down €2,229 (-50.4%), from €4,423 to €2,194
- Deferred charges and accrued income +€1,041
up €1,041 (+326.5%), from €319 to €1,360
- Cash +€895
up €895 (+2.4%), from €36,769 to €37,663
mainly Depreciation (+€14,416) and Receivables within one year (+€3,598)
- Profit (loss) carried forward -€5,930
down €5,930 (-18.4%), from €32,247 to €26,317
- Debts after one year -€4,590
down €4,590 (-47.6%), from €9,651 to €5,061
- Tax, wage and social debts -€1,408
down €1,408 (-97.3%), from €1,447 to €40
- Gross operating margin +€11,064
up €11,064, from -€981 to €10,084
- Purchases and services -€9,251
down €9,251 (-19.4%), from €47,616 to €38,365
- Turnover +€1,794
up €1,794 (+3.8%), from €46,635 to €48,429
- Depreciation -€1,487
down €1,487 (-9.4%), from €15,903 to €14,416
- Other operating charges -€1,378
down €1,378 (-62.7%), from €2,198 to €820
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 | €77,707 | €64,896 | -€12,811 | -16.5% |
| Fixed assets | 21/28 | €28,237 | €17,089 | -€11,149 | -39.5% |
| Intangible fixed assets | 21 | €4,423 | €2,194 | -€2,229 | -50.4% |
| Tangible fixed assets | 22/27 | €23,814 | €14,895 | -€8,919 | -37.5% |
| Plant, machinery and equipment | 23 | €6,885 | €4,729 | -€2,156 | -31.3% |
| Furniture and vehicles | 24 | €16,554 | €9,866 | -€6,688 | -40.4% |
| Other tangible fixed assets | 26 | €375 | €300 | -€75 | -20.0% |
| Current assets | 29/58 | €49,470 | €47,808 | -€1,663 | -3.4% |
| Amounts receivable within one year | 40/41 | €12,383 | €8,785 | -€3,598 | -29.1% |
| Trade receivables | 40 | €8,729 | €5,433 | -€3,296 | -37.8% |
| Other amounts receivable | 41 | €3,654 | €3,352 | -€302 | -8.3% |
| Cash at bank and in hand | 54/58 | €36,769 | €37,663 | +€895 | +2.4% |
| Deferred charges and accrued income | 490/1 | €319 | €1,360 | +€1,041 | +326.5% |
| Total equity and liabilities | 10/49 | €77,707 | €64,896 | -€12,811 | -16.5% |
| Equity | 10/15 | €60,469 | €54,539 | -€5,930 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €9,622 | €9,622 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,762 | €7,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,247 | €26,317 | -€5,930 | -18.4% |
| Amounts payable | 17/49 | €17,239 | €10,357 | -€6,882 | -39.9% |
| Amounts payable after more than one year | 17 | €9,651 | €5,061 | -€4,590 | -47.6% |
| Financial debts | 170/4 | €9,651 | €5,061 | -€4,590 | -47.6% |
| Amounts payable within one year | 42/48 | €7,588 | €5,297 | -€2,291 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €4,751 | €4,590 | -€160 | -3.4% |
| Trade debts | 44 | €1,390 | €667 | -€723 | -52.0% |
| Suppliers | 440/4 | €1,390 | €667 | -€723 | -52.0% |
| Taxes, remuneration and social security | 45 | €1,447 | €40 | -€1,408 | -97.3% |
| Taxes | 450/3 | €1,447 | €40 | -€1,408 | -97.3% |
| Turnover | 70 | €46,635 | €48,429 | +€1,794 | +3.8% |
| Non-recurring operating income | 76A | - | €20 | +€20 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,616 | €38,365 | -€9,251 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,903 | €14,416 | -€1,487 | -9.4% |
| Other operating charges | 640/8 | €2,198 | €820 | -€1,378 | -62.7% |
| Non-recurring operating charges | 66A | €647 | - | -€647 | |
| Gross operating margin | 9900 | -€981 | €10,084 | +€11,064 | |
| Operating profit (loss) | 9901 | -€19,728 | -€5,152 | +€14,576 | +73.9% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.2% |
| Financial charges | 65/66B | €981 | €778 | -€203 | -20.7% |
| Recurring financial charges | 65 | €981 | €778 | -€203 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,707 | -€5,930 | +€14,777 | +71.4% |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | -€20,761 | -€5,930 | +€14,831 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,761 | -€5,930 | +€14,831 | +71.4% |
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 12 October 2026 via checked.be.