DUPLEX 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.
DUPLEX STUDIO
Largest movements
- Cash +€64,568
up €64,568 (+174%), from €37,092 to €101,660
mainly Contributions, distributions and other (+€275,000) and Depreciation (+€33,395)
- Receivables within one year +€52,438
up €52,438 (+41.7%), from €125,724 to €178,162
of which Other amounts receivable: +€30,612
- Stocks and contracts +€41,883
up €41,883 (+256%), from €16,350 to €58,233
- Intangible fixed assets -€7,074
down €7,074 (-21.3%), from €33,266 to €26,193
- Contributions +€275,000
up €275,000 (+302%), from €91,000 to €366,000
- Profit (loss) carried forward -€144,404
down €144,404 (-221%), from -€65,478 to -€209,883
- Tax, wage and social debts +€19,106
up €19,106 (+287%), from €6,646 to €25,752
of which Taxes: +€13,774
- Trade debts -€16,878
down €16,878 (-45.7%), from €36,893 to €20,015
of which Suppliers: -€20,942
- Debts after one year +€9,696
up €9,696 (+4.6%), from €212,049 to €221,745
- Staff costs +€57,929
up €57,929 (+133%), from €43,643 to €101,572
- Gross operating margin +€15,843
up €15,843, from -€12,097 to €3,746
- Depreciation +€7,418
up €7,418 (+28.6%), from €25,977 to €33,395
- Financial charges +€1,970
up €1,970 (+20.4%), from €9,655 to €11,625
- Other operating charges +€1,064
up €1,064 (+160%), from €665 to €1,730
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 | €313,984 | €461,869 | +€147,886 | +47.1% |
| Fixed assets | 21/28 | €134,293 | €123,283 | -€11,010 | -8.2% |
| Intangible fixed assets | 21 | €33,266 | €26,193 | -€7,074 | -21.3% |
| Tangible fixed assets | 22/27 | €100,824 | €96,779 | -€4,045 | -4.0% |
| Plant, machinery and equipment | 23 | €79,116 | €72,148 | -€6,968 | -8.8% |
| Furniture and vehicles | 24 | €17,426 | €21,608 | +€4,182 | +24.0% |
| Other tangible fixed assets | 26 | €4,283 | €3,024 | -€1,259 | -29.4% |
| Financial fixed assets | 28 | €202 | €311 | +€109 | +54.0% |
| Current assets | 29/58 | €179,691 | €338,587 | +€158,896 | +88.4% |
| Stocks and contracts in progress | 3 | €16,350 | €58,233 | +€41,883 | +256% |
| Stocks | 30/36 | €16,350 | €58,233 | +€41,883 | +256% |
| Amounts receivable within one year | 40/41 | €125,724 | €178,162 | +€52,438 | +41.7% |
| Trade receivables | 40 | €53,045 | €74,870 | +€21,825 | +41.1% |
| Other amounts receivable | 41 | €72,679 | €103,291 | +€30,612 | +42.1% |
| Cash at bank and in hand | 54/58 | €37,092 | €101,660 | +€64,568 | +174% |
| Deferred charges and accrued income | 490/1 | €525 | €532 | +€7 | +1.4% |
| Total equity and liabilities | 10/49 | €313,984 | €461,869 | +€147,886 | +47.1% |
| Equity | 10/15 | €25,522 | €156,117 | +€130,596 | +512% |
| Contributions | 10/11 | €91,000 | €366,000 | +€275,000 | +302% |
| Profit (loss) carried forward | 14 | -€65,478 | -€209,883 | -€144,404 | -221% |
| Amounts payable | 17/49 | €288,462 | €305,752 | +€17,290 | +6.0% |
| Amounts payable after more than one year | 17 | €212,049 | €221,745 | +€9,696 | +4.6% |
| Financial debts | 170/4 | €212,049 | €221,745 | +€9,696 | +4.6% |
| Amounts payable within one year | 42/48 | €76,413 | €84,007 | +€7,594 | +9.9% |
| Current portion of amounts payable after more than one year | 42 | €32,529 | €38,240 | +€5,711 | +17.6% |
| Trade debts | 44 | €36,893 | €20,015 | -€16,878 | -45.7% |
| Suppliers | 440/4 | €36,893 | €15,951 | -€20,942 | -56.8% |
| Bills of exchange payable | 441 | - | €4,064 | +€4,064 | |
| Taxes, remuneration and social security | 45 | €6,646 | €25,752 | +€19,106 | +287% |
| Taxes | 450/3 | €596 | €14,371 | +€13,774 | +2,309% |
| Remuneration and social security | 454/9 | €6,050 | €11,382 | +€5,332 | +88.1% |
| Other amounts payable | 47/48 | €345 | - | -€345 | |
| Remuneration, social security and pensions | 62 | €43,643 | €101,572 | +€57,929 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,977 | €33,395 | +€7,418 | +28.6% |
| Other operating charges | 640/8 | €665 | €1,730 | +€1,064 | +160% |
| Gross operating margin | 9900 | -€12,097 | €3,746 | +€15,843 | |
| Operating profit (loss) | 9901 | -€82,383 | -€132,952 | -€50,569 | -61.4% |
| Financial income | 75/76B | €143 | €173 | +€30 | +20.9% |
| Recurring financial income | 75 | €143 | €173 | +€30 | +20.9% |
| Financial charges | 65/66B | €9,655 | €11,625 | +€1,970 | +20.4% |
| Recurring financial charges | 65 | €9,655 | €11,625 | +€1,970 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | -€91,896 | -€144,404 | -€52,509 | -57.1% |
| Profit (loss) for the period | 9904 | -€91,896 | -€144,404 | -€52,509 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,896 | -€144,404 | -€52,509 | -57.1% |
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 27 October 2026 via checked.be.