Fashion Studio: what changed
Fashion Studio
Largest movements
- Cash -€99,910
down €99,910 (-50.1%), from €199,607 to €99,697
mainly Other debts (-€140,229) and Receivables within one year (-€52,514)
- Receivables within one year +€52,514
up €52,514 (+14.5%), from €361,624 to €414,138
of which Other amounts receivable: +€26,840
- Intangible fixed assets -€8,100
down €8,100 (-12.5%), from €64,800 to €56,700
- Tangible fixed assets +€7,010
up €7,010 (+83.0%), from €8,445 to €15,455
of which Other tangible fixed assets: +€9,325
- Other debts -€140,229
down €140,229 (-52.1%), from €269,127 to €128,898
- Reserves +€124,933
up €124,933 (+43.0%), from €290,678 to €415,611
- Accrued charges and deferred income -€15,000
down €15,000 (-100%), from €15,000 to €0
- Trade debts -€12,408
down €12,408 (-43.4%), from €28,607 to €16,199
- Gross operating margin -€6,779
down €6,779 (-2.8%), from €242,018 to €235,239
- Staff costs +€5,828
up €5,828 (+12.0%), from €48,517 to €54,345
- Depreciation -€4,184
down €4,184 (-26.1%), from €16,061 to €11,877
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €634,477 | €585,990 | -€48,486 | -7.6% |
| Fixed assets | 21/28 | €73,245 | €72,155 | -€1,090 | -1.5% |
| Intangible fixed assets | 21 | €64,800 | €56,700 | -€8,100 | -12.5% |
| Tangible fixed assets | 22/27 | €8,445 | €15,455 | +€7,010 | +83.0% |
| Furniture and vehicles | 24 | €2,315 | €0 | -€2,315 | -100% |
| Other tangible fixed assets | 26 | €6,130 | €15,455 | +€9,325 | +152% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €561,232 | €513,835 | -€47,396 | -8.4% |
| Amounts receivable within one year | 40/41 | €361,624 | €414,138 | +€52,514 | +14.5% |
| Trade receivables | 40 | €56,495 | €82,169 | +€25,674 | +45.4% |
| Other amounts receivable | 41 | €305,129 | €331,969 | +€26,840 | +8.8% |
| Cash at bank and in hand | 54/58 | €199,607 | €99,697 | -€99,910 | -50.1% |
| Total equity and liabilities | 10/49 | €634,477 | €585,990 | -€48,486 | -7.6% |
| Equity | 10/15 | €309,278 | €434,211 | +€124,933 | +40.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €290,678 | €415,611 | +€124,933 | +43.0% |
| Distributable reserves | 133 | €290,678 | €415,611 | +€124,933 | +43.0% |
| Amounts payable | 17/49 | €325,199 | €151,780 | -€173,419 | -53.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €310,199 | €151,780 | -€158,419 | -51.1% |
| Trade debts | 44 | €28,607 | €16,199 | -€12,408 | -43.4% |
| Suppliers | 440/4 | €28,607 | €16,199 | -€12,408 | -43.4% |
| Taxes, remuneration and social security | 45 | €12,464 | €6,683 | -€5,781 | -46.4% |
| Taxes | 450/3 | €6,412 | €0 | -€6,412 | -100% |
| Remuneration and social security | 454/9 | €6,052 | €6,683 | +€631 | +10.4% |
| Other amounts payable | 47/48 | €269,127 | €128,898 | -€140,229 | -52.1% |
| Accrued charges and deferred income | 492/3 | €15,000 | €0 | -€15,000 | -100% |
| Remuneration, social security and pensions | 62 | €48,517 | €54,345 | +€5,828 | +12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,061 | €11,877 | -€4,184 | -26.1% |
| Other operating charges | 640/8 | €4,105 | €2,227 | -€1,878 | -45.8% |
| Gross operating margin | 9900 | €242,018 | €235,239 | -€6,779 | -2.8% |
| Operating profit (loss) | 9901 | €173,335 | €166,790 | -€6,545 | -3.8% |
| Financial income | 75/76B | €9,507 | €9,444 | -€64 | -0.7% |
| Recurring financial income | 75 | €9,507 | €9,444 | -€64 | -0.7% |
| Financial charges | 65/66B | €6,291 | €6,317 | +€25 | +0.4% |
| Recurring financial charges | 65 | €6,291 | €6,317 | +€25 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €176,551 | €169,917 | -€6,634 | -3.8% |
| Income taxes | 67/77 | €46,412 | €44,984 | -€1,428 | -3.1% |
| Profit (loss) for the period | 9904 | €130,139 | €124,933 | -€5,206 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,139 | €124,933 | -€5,206 | -4.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.