FM 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.
FM Studio
Largest movements
- Tangible fixed assets +€13,203
up €13,203 (+49.5%), from €26,693 to €39,896
- Receivables within one year +€6,986
up €6,986 (+26.4%), from €26,416 to €33,402
of which Trade receivables: +€3,875
- Cash -€2,069
down €2,069 (-4.3%), from €48,526 to €46,456
mainly Contributions, distributions and other (-€31,587) and Investment in fixed assets (net) (-€22,144)
- Deferred charges and accrued income -€1,936
down €1,936 (-13.5%), from €14,302 to €12,365
- Tax, wage and social debts +€28,020
up €28,020 (+5,322%), from €527 to €28,546
- Accrued charges and deferred income -€14,874
down €14,874 (-100%), from €14,874 to €0
- Reserves +€7,622
up €7,622 (+14.0%), from €54,593 to €62,215
of which Distributable reserves: +€7,622
- Trade debts -€6,159
down €6,159 (-18.4%), from €33,413 to €27,254
- Other debts +€1,575
up €1,575 (+1,211%), from €130 to €1,705
- Gross operating margin +€52,804
up €52,804 (+332%), from €15,921 to €68,725
- Taxes +€17,341
up €17,341 (+645%), from €2,690 to €20,031
- Other operating charges -€811
down €811 (-59.8%), from €1,354 to €544
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 | €115,936 | €132,120 | +€16,184 | +14.0% |
| Fixed assets | 21/28 | €26,693 | €39,896 | +€13,203 | +49.5% |
| Tangible fixed assets | 22/27 | €26,693 | €39,896 | +€13,203 | +49.5% |
| Land and buildings | 22 | €18,204 | €23,563 | +€5,360 | +29.4% |
| Plant, machinery and equipment | 23 | €5,781 | €7,540 | +€1,759 | +30.4% |
| Furniture and vehicles | 24 | €2,708 | €8,793 | +€6,085 | +225% |
| Current assets | 29/58 | €89,243 | €92,223 | +€2,981 | +3.3% |
| Amounts receivable within one year | 40/41 | €26,416 | €33,402 | +€6,986 | +26.4% |
| Trade receivables | 40 | €25,247 | €29,122 | +€3,875 | +15.3% |
| Other amounts receivable | 41 | €1,169 | €4,280 | +€3,112 | +266% |
| Cash at bank and in hand | 54/58 | €48,526 | €46,456 | -€2,069 | -4.3% |
| Deferred charges and accrued income | 490/1 | €14,302 | €12,365 | -€1,936 | -13.5% |
| Total equity and liabilities | 10/49 | €115,936 | €132,120 | +€16,184 | +14.0% |
| Equity | 10/15 | €66,993 | €74,615 | +€7,622 | +11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €54,593 | €62,215 | +€7,622 | +14.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €54,593 | €62,215 | +€7,622 | +14.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €48,943 | €57,505 | +€8,562 | +17.5% |
| Amounts payable within one year | 42/48 | €34,070 | €57,505 | +€23,435 | +68.8% |
| Trade debts | 44 | €33,413 | €27,254 | -€6,159 | -18.4% |
| Suppliers | 440/4 | €33,413 | €27,254 | -€6,159 | -18.4% |
| Taxes, remuneration and social security | 45 | €527 | €28,546 | +€28,020 | +5,322% |
| Taxes | 450/3 | €527 | €28,546 | +€28,020 | +5,322% |
| Other amounts payable | 47/48 | €130 | €1,705 | +€1,575 | +1,211% |
| Accrued charges and deferred income | 492/3 | €14,874 | €0 | -€14,874 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,767 | €8,941 | +€174 | +2.0% |
| Other operating charges | 640/8 | €1,354 | €544 | -€811 | -59.8% |
| Gross operating margin | 9900 | €15,921 | €68,725 | +€52,804 | +332% |
| Operating profit (loss) | 9901 | €5,800 | €59,240 | +€53,441 | +921% |
| Financial income | 75/76B | €76 | €7 | -€69 | -91.0% |
| Recurring financial income | 75 | €76 | €7 | -€69 | -91.0% |
| Financial charges | 65/66B | €371 | €7 | -€364 | -98.2% |
| Recurring financial charges | 65 | €371 | €7 | -€364 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | €5,505 | €59,241 | +€53,736 | +976% |
| Income taxes | 67/77 | €2,690 | €20,031 | +€17,341 | +645% |
| Profit (loss) for the period | 9904 | €2,814 | €39,209 | +€36,395 | +1,293% |
| Profit (loss) for the period to be appropriated | 9905 | €2,814 | €39,209 | +€36,395 | +1,293% |
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 17 October 2026 via checked.be.