CL STUDIO APART: 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.
CL STUDIO APART
Largest movements
- Cash -€4,601
down €4,601 (-82.7%), from €5,565 to €964
mainly Net result for the year (-€21,111) and Trade debts (-€13,019)
- Receivables within one year -€2,913
down €2,913 (-13.9%), from €20,923 to €18,010
of which Trade receivables: -€3,705
- Tangible fixed assets -€2,725
down €2,725 (-28.0%), from €9,724 to €6,999
of which Furniture and vehicles: -€2,627
- Other debts +€24,291
up €24,291 (+52.6%), from €46,176 to €70,467
- Profit (loss) carried forward -€21,111
down €21,111 (-45.4%), from -€46,496 to -€67,607
- Trade debts -€13,019
down €13,019 (-86.6%), from €15,029 to €2,010
- Tax, wage and social debts -€402
down €402 (-15.9%), from €2,533 to €2,131
- Gross operating margin +€4,890
up €4,890 (+25.6%), from -€19,074 to -€14,184
- Financial charges -€1,756
down €1,756 (-90.4%), from €1,943 to €187
of which Financial charges: -€887
- Taxes +€1,029
up €1,029, from -€781 to €249
- Other operating charges -€517
down €517 (-100%), from €517 to €0
- Financial income -€242
down €242 (-99.9%), from €242 to €0
of which Non-recurring financial income: -€242
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 | €36,212 | €25,972 | -€10,240 | -28.3% |
| Fixed assets | 21/28 | €9,724 | €6,999 | -€2,725 | -28.0% |
| Tangible fixed assets | 22/27 | €9,724 | €6,999 | -€2,725 | -28.0% |
| Plant, machinery and equipment | 23 | €99 | €0 | -€99 | -100% |
| Furniture and vehicles | 24 | €9,626 | €6,999 | -€2,627 | -27.3% |
| Current assets | 29/58 | €26,488 | €18,973 | -€7,514 | -28.4% |
| Amounts receivable within one year | 40/41 | €20,923 | €18,010 | -€2,913 | -13.9% |
| Trade receivables | 40 | €20,923 | €17,217 | -€3,705 | -17.7% |
| Other amounts receivable | 41 | - | €793 | +€793 | |
| Cash at bank and in hand | 54/58 | €5,565 | €964 | -€4,601 | -82.7% |
| Total equity and liabilities | 10/49 | €36,212 | €25,972 | -€10,240 | -28.3% |
| Equity | 10/15 | -€27,525 | -€48,636 | -€21,111 | -76.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €371 | €371 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €371 | +€371 | |
| Reserves not available under the articles | 1311 | - | €371 | +€371 | |
| Distributable reserves | 133 | €371 | - | -€371 | |
| Profit (loss) carried forward | 14 | -€46,496 | -€67,607 | -€21,111 | -45.4% |
| Amounts payable | 17/49 | €63,737 | €74,608 | +€10,871 | +17.1% |
| Amounts payable within one year | 42/48 | €63,737 | €74,608 | +€10,871 | +17.1% |
| Trade debts | 44 | €15,029 | €2,010 | -€13,019 | -86.6% |
| Suppliers | 440/4 | €15,029 | €2,010 | -€13,019 | -86.6% |
| Taxes, remuneration and social security | 45 | €2,533 | €2,131 | -€402 | -15.9% |
| Taxes | 450/3 | €2,533 | €2,131 | -€402 | -15.9% |
| Other amounts payable | 47/48 | €46,176 | €70,467 | +€24,291 | +52.6% |
| Non-recurring operating income | 76A | - | €277 | +€277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,805 | €2,725 | -€79 | -2.8% |
| Other operating charges | 640/8 | €517 | €0 | -€517 | -100% |
| Non-recurring operating charges | 66A | - | €3,766 | +€3,766 | |
| Gross operating margin | 9900 | -€19,074 | -€14,184 | +€4,890 | +25.6% |
| Operating profit (loss) | 9901 | -€22,396 | -€20,676 | +€1,720 | +7.7% |
| Financial income | 75/76B | €242 | €0 | -€242 | -99.9% |
| Recurring financial income | 75 | €242 | €0 | -€242 | -99.9% |
| Non-recurring financial income | 76B | €242 | €0 | -€242 | -100% |
| Financial charges | 65/66B | €1,943 | €187 | -€1,756 | -90.4% |
| Recurring financial charges | 65 | €1,074 | €187 | -€887 | -82.6% |
| Non-recurring financial charges | 66B | €869 | €0 | -€869 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€24,097 | -€20,862 | +€3,235 | +13.4% |
| Income taxes | 67/77 | -€781 | €249 | +€1,029 | |
| Profit (loss) for the period | 9904 | -€23,316 | -€21,111 | +€2,205 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,316 | -€21,111 | +€2,205 | +9.5% |
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 20 October 2026 via checked.be.