ED&J STUDIOS: what changed
Two fiscal 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.
ED&J STUDIOS
Largest movements
- Tangible fixed assets -€17,413
down €17,413 (-11.8%), from €147,304 to €129,891
of which Furniture and vehicles: -€14,157
- Cash +€4,228
up €4,228 (+5.2%), from €80,592 to €84,820
mainly Depreciation (+€20,143) and Net result for the year (+€5,268)
- Receivables within one year +€3,777
up €3,777 (+68.9%), from €5,482 to €9,259
of which Trade receivables: +€3,474
- Reserves -€6,527
down €6,527 (-5.9%), from €109,831 to €103,304
of which Distributable reserves: -€6,527
- Debts after one year -€4,555
down €4,555 (-45.1%), from €10,099 to €5,544
- Tax, wage and social debts +€2,919
up €2,919 (+115.3%), from €2,531 to €5,450
- Depreciation +€2,505
up €2,505 (+14.2%), from €17,638 to €20,143
- Gross operating margin -€1,898
down €1,898 (-5.2%), from €36,716 to €34,818
- Taxes -€1,643
down €1,643 (-44.2%), from €3,713 to €2,070
- Financial charges -€628
down €628 (-10.6%), from €5,912 to €5,284
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 | €233,656 | €224,261 | -€9,395 | -4.0% |
| Fixed assets | 21/28 | €147,304 | €129,891 | -€17,413 | -11.8% |
| Tangible fixed assets | 22/27 | €147,304 | €129,891 | -€17,413 | -11.8% |
| Land and buildings | 22 | €86,584 | €83,637 | -€2,947 | -3.4% |
| Plant, machinery and equipment | 23 | €1,733 | €1,424 | -€309 | -17.8% |
| Furniture and vehicles | 24 | €58,987 | €44,830 | -€14,157 | -24.0% |
| Current assets | 29/58 | €86,352 | €94,370 | +€8,018 | +9.3% |
| Amounts receivable within one year | 40/41 | €5,482 | €9,259 | +€3,777 | +68.9% |
| Trade receivables | 40 | €5,268 | €8,742 | +€3,474 | +65.9% |
| Other amounts receivable | 41 | €214 | €517 | +€303 | +141.6% |
| Cash at bank and in hand | 54/58 | €80,592 | €84,820 | +€4,228 | +5.2% |
| Deferred charges and accrued income | 490/1 | €278 | €291 | +€13 | +4.7% |
| Total equity and liabilities | 10/49 | €233,656 | €224,261 | -€9,395 | -4.0% |
| Equity | 10/15 | €128,952 | €122,693 | -€6,259 | -4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,831 | €103,304 | -€6,527 | -5.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €107,971 | €101,444 | -€6,527 | -6.0% |
| Profit (loss) carried forward | 14 | €521 | €789 | +€268 | +51.4% |
| Amounts payable | 17/49 | €104,704 | €101,568 | -€3,136 | -3.0% |
| Amounts payable after more than one year | 17 | €10,099 | €5,544 | -€4,555 | -45.1% |
| Financial debts | 170/4 | €10,099 | €5,544 | -€4,555 | -45.1% |
| Amounts payable within one year | 42/48 | €86,081 | €87,855 | +€1,774 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €6,173 | €4,555 | -€1,618 | -26.2% |
| Trade debts | 44 | €95 | €39 | -€56 | -58.9% |
| Suppliers | 440/4 | €95 | €39 | -€56 | -58.9% |
| Taxes, remuneration and social security | 45 | €2,531 | €5,450 | +€2,919 | +115.3% |
| Taxes | 450/3 | €2,531 | €5,450 | +€2,919 | +115.3% |
| Other amounts payable | 47/48 | €77,282 | €77,811 | +€529 | +0.7% |
| Accrued charges and deferred income | 492/3 | €8,524 | €8,169 | -€355 | -4.2% |
| Non-recurring operating income | 76A | €6,392 | - | -€6,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,638 | €20,143 | +€2,505 | +14.2% |
| Other operating charges | 640/8 | €2,502 | €2,543 | +€41 | +1.6% |
| Gross operating margin | 9900 | €36,716 | €34,818 | -€1,898 | -5.2% |
| Operating profit (loss) | 9901 | €16,576 | €12,132 | -€4,444 | -26.8% |
| Financial income | 75/76B | €270 | €490 | +€220 | +81.5% |
| Recurring financial income | 75 | €270 | €490 | +€220 | +81.5% |
| Financial charges | 65/66B | €5,912 | €5,284 | -€628 | -10.6% |
| Recurring financial charges | 65 | €5,912 | €5,284 | -€628 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €10,934 | €7,338 | -€3,596 | -32.9% |
| Income taxes | 67/77 | €3,713 | €2,070 | -€1,643 | -44.2% |
| Profit (loss) for the period | 9904 | €7,221 | €5,268 | -€1,953 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,221 | €5,268 | -€1,953 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.