DIFFRENT 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.
DIFFRENT STUDIO
Largest movements
- Tangible fixed assets +€185,597
up €185,597 (+287.9%), from €64,460 to €250,057
of which Land and buildings: +€187,667
- Deferred charges and accrued income -€24,014
down €24,014 (-87.6%), from €27,418 to €3,404
- Cash -€9,238
down €9,238 (-28.5%), from €32,439 to €23,200
mainly Investment in fixed assets (net) (-€198,000) and Advances received (-€30,467)
- Stocks and contracts -€6,526
down €6,526 (-7.9%), from €82,478 to €75,952
- Other debts +€189,997
up €189,997 (+1926.3%), from €9,863 to €199,860
- Advances received -€30,467
no longer reported in 2025 (was €30,467)
- Debts after one year -€12,110
down €12,110 (-28.8%), from €42,101 to €29,991
- Current portion of long-term debt -€6,504
down €6,504 (-34.9%), from €18,659 to €12,155
- Trade debts +€5,046
up €5,046 (+15.4%), from €32,678 to €37,724
- Depreciation +€12,403
new in 2025: €12,403
- Gross operating margin +€9,650
up €9,650 (+33.2%), from €29,094 to €38,744
- Staff costs -€3,847
down €3,847 (-19.2%), from €20,058 to €16,211
- Financial charges +€1,230
up €1,230 (+15.0%), from €8,172 to €9,402
- Financial income -€950
down €950 (-78.8%), from €1,205 to €255
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 | €208,341 | €352,613 | +€144,272 | +69.2% |
| Fixed assets | 21/28 | €64,460 | €250,057 | +€185,597 | +287.9% |
| Tangible fixed assets | 22/27 | €64,460 | €250,057 | +€185,597 | +287.9% |
| Land and buildings | 22 | €57,470 | €245,137 | +€187,667 | +326.5% |
| Plant, machinery and equipment | 23 | €3,669 | €2,935 | -€734 | -20.0% |
| Furniture and vehicles | 24 | €3,321 | €1,985 | -€1,336 | -40.2% |
| Current assets | 29/58 | €143,881 | €102,556 | -€41,325 | -28.7% |
| Stocks and contracts in progress | 3 | €82,478 | €75,952 | -€6,526 | -7.9% |
| Stocks | 30/36 | €82,478 | €75,952 | -€6,526 | -7.9% |
| Amounts receivable within one year | 40/41 | €1,546 | - | -€1,546 | |
| Other amounts receivable | 41 | €1,546 | - | -€1,546 | |
| Cash at bank and in hand | 54/58 | €32,439 | €23,200 | -€9,238 | -28.5% |
| Deferred charges and accrued income | 490/1 | €27,418 | €3,404 | -€24,014 | -87.6% |
| Total equity and liabilities | 10/49 | €208,341 | €352,613 | +€144,272 | +69.2% |
| Equity | 10/15 | €18,621 | €18,641 | +€20 | +0.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €6,121 | €6,141 | +€20 | +0.3% |
| Distributable reserves | 133 | €6,121 | €6,141 | +€20 | +0.3% |
| Amounts payable | 17/49 | €189,720 | €333,972 | +€144,251 | +76.0% |
| Amounts payable after more than one year | 17 | €42,101 | €29,991 | -€12,110 | -28.8% |
| Financial debts | 170/4 | €42,101 | €29,991 | -€12,110 | -28.8% |
| Amounts payable within one year | 42/48 | €142,940 | €303,817 | +€160,877 | +112.5% |
| Current portion of amounts payable after more than one year | 42 | €18,659 | €12,155 | -€6,504 | -34.9% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €32,678 | €37,724 | +€5,046 | +15.4% |
| Suppliers | 440/4 | €32,678 | €37,724 | +€5,046 | +15.4% |
| Advances received on contracts in progress | 46 | €30,467 | - | -€30,467 | |
| Taxes, remuneration and social security | 45 | €1,273 | €4,078 | +€2,805 | +220.4% |
| Taxes | 450/3 | €1,273 | €3,811 | +€2,538 | +199.5% |
| Remuneration and social security | 454/9 | - | €266 | +€266 | |
| Other amounts payable | 47/48 | €9,863 | €199,860 | +€189,997 | +1926.3% |
| Accrued charges and deferred income | 492/3 | €4,679 | €164 | -€4,515 | -96.5% |
| Remuneration, social security and pensions | 62 | €20,058 | €16,211 | -€3,847 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,403 | +€12,403 | |
| Other operating charges | 640/8 | €401 | €559 | +€158 | +39.3% |
| Gross operating margin | 9900 | €29,094 | €38,744 | +€9,650 | +33.2% |
| Operating profit (loss) | 9901 | €8,635 | €9,571 | +€935 | +10.8% |
| Financial income | 75/76B | €1,205 | €255 | -€950 | -78.8% |
| Recurring financial income | 75 | €1,205 | €255 | -€950 | -78.8% |
| Financial charges | 65/66B | €8,172 | €9,402 | +€1,230 | +15.0% |
| Recurring financial charges | 65 | €8,172 | €9,402 | +€1,230 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €1,668 | €424 | -€1,244 | -74.6% |
| Income taxes | 67/77 | €1,279 | €404 | -€876 | -68.5% |
| Profit (loss) for the period | 9904 | €389 | €20 | -€368 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €389 | €20 | -€368 | -94.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.