BC 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.
BC STUDIO
Largest movements
- Cash -€19,190
down €19,190 (-40.4%), from €47,469 to €28,279
mainly Contributions, distributions and other (-€57,726) and Receivables within one year (-€14,256)
- Receivables within one year +€14,256
up €14,256 (+209.5%), from €6,806 to €21,062
of which Trade receivables: +€10,256
- Tangible fixed assets -€5,784
down €5,784 (-34.8%), from €16,641 to €10,857
of which Plant, machinery and equipment: -€6,155
- Stocks and contracts +€3,921
new in 2025: €3,921
- Deferred charges and accrued income -€1,981
down €1,981 (-33.9%), from €5,850 to €3,869
- Profit (loss) carried forward -€46,557
down €46,557 (-80.7%), from €57,726 to €11,169
- Other debts +€37,233
up €37,233 (+295.0%), from €12,621 to €49,855
- Trade debts +€937
up €937 (+73.0%), from €1,284 to €2,221
- Gross operating margin -€34,653
down €34,653 (-60.4%), from €57,408 to €22,755
- Taxes -€6,882
down €6,882 (-68.8%), from €10,000 to €3,118
- Depreciation -€634
down €634 (-7.5%), from €8,417 to €7,783
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 | €76,766 | €67,988 | -€8,778 | -11.4% |
| Fixed assets | 21/28 | €16,641 | €10,857 | -€5,784 | -34.8% |
| Tangible fixed assets | 22/27 | €16,641 | €10,857 | -€5,784 | -34.8% |
| Plant, machinery and equipment | 23 | €13,819 | €7,665 | -€6,155 | -44.5% |
| Furniture and vehicles | 24 | €2,822 | €3,192 | +€370 | +13.1% |
| Current assets | 29/58 | €60,125 | €57,131 | -€2,994 | -5.0% |
| Stocks and contracts in progress | 3 | - | €3,921 | +€3,921 | |
| Stocks | 30/36 | - | €3,921 | +€3,921 | |
| Amounts receivable within one year | 40/41 | €6,806 | €21,062 | +€14,256 | +209.5% |
| Trade receivables | 40 | €4,806 | €15,062 | +€10,256 | +213.4% |
| Other amounts receivable | 41 | €2,000 | €6,000 | +€4,000 | +200.0% |
| Cash at bank and in hand | 54/58 | €47,469 | €28,279 | -€19,190 | -40.4% |
| Deferred charges and accrued income | 490/1 | €5,850 | €3,869 | -€1,981 | -33.9% |
| Total equity and liabilities | 10/49 | €76,766 | €67,988 | -€8,778 | -11.4% |
| Equity | 10/15 | €60,726 | €14,169 | -€46,557 | -76.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,726 | €11,169 | -€46,557 | -80.7% |
| Amounts payable | 17/49 | €16,040 | €53,819 | +€37,778 | +235.5% |
| Amounts payable within one year | 42/48 | €16,040 | €53,819 | +€37,778 | +235.5% |
| Trade debts | 44 | €1,284 | €2,221 | +€937 | +73.0% |
| Suppliers | 440/4 | €1,284 | €2,221 | +€937 | +73.0% |
| Taxes, remuneration and social security | 45 | €2,135 | €1,743 | -€392 | -18.4% |
| Taxes | 450/3 | €2,135 | €1,743 | -€392 | -18.4% |
| Other amounts payable | 47/48 | €12,621 | €49,855 | +€37,233 | +295.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,417 | €7,783 | -€634 | -7.5% |
| Other operating charges | 640/8 | €295 | €569 | +€274 | +92.8% |
| Gross operating margin | 9900 | €57,408 | €22,755 | -€34,653 | -60.4% |
| Operating profit (loss) | 9901 | €48,695 | €14,402 | -€34,293 | -70.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.3% |
| Financial charges | 65/66B | €91 | €115 | +€24 | +26.9% |
| Recurring financial charges | 65 | €91 | €115 | +€24 | +26.9% |
| Profit (loss) for the period before taxes | 9903 | €48,605 | €14,287 | -€34,318 | -70.6% |
| Income taxes | 67/77 | €10,000 | €3,118 | -€6,882 | -68.8% |
| Profit (loss) for the period | 9904 | €38,605 | €11,169 | -€27,436 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €38,605 | €11,169 | -€27,436 | -71.1% |
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 10 October 2026 via checked.be.