John Steed Studio: 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.
John Steed Studio
Largest movements
- Current assets -€9,692
down €9,692 (-41.9%), from €23,130 to €13,438
of which Receivables within one year: -€8,966
- Intangible fixed assets -€300
down €300 (-50.0%), from €600 to €300
- Debts within one year -€61,434
down €61,434 (-42.1%), from €145,814 to €84,379
- Profit (loss) carried forward +€51,443
up €51,443 (+36.1%), from -€142,489 to -€91,046
- Gross operating margin +€20,076
up €20,076 (+55.1%), from €36,421 to €56,497
- Other operating charges +€3,891
new in 2021: €3,891
- Financial charges +€863
new in 2021: €863
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,730 | €13,738 | -€9,992 | -42.1% |
| Fixed assets | 21/28 | €600 | €300 | -€300 | -50.0% |
| Intangible fixed assets | 21 | €600 | €300 | -€300 | -50.0% |
| Current assets | 29/58 | €23,130 | €13,438 | -€9,692 | -41.9% |
| Amounts receivable within one year | 40/41 | €22,346 | €13,381 | -€8,966 | -40.1% |
| Trade receivables | 40 | - | €13,380 | +€13,380 | |
| Other amounts receivable | 41 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €641 | €57 | -€584 | -91.1% |
| Total equity and liabilities | 10/49 | €23,730 | €13,738 | -€9,992 | -42.1% |
| Equity | 10/15 | -€122,084 | -€70,641 | +€51,443 | +42.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | - | €18,550 | +€18,550 | |
| Issued capital | 100 | - | €18,550 | +€18,550 | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,855 | +€1,855 | |
| Legal reserve | 130 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | -€142,489 | -€91,046 | +€51,443 | +36.1% |
| Amounts payable | 17/49 | €145,814 | €84,379 | -€61,434 | -42.1% |
| Amounts payable within one year | 42/48 | €145,814 | €84,379 | -€61,434 | -42.1% |
| Financial debts | 43 | - | €2,378 | +€2,378 | |
| Credit institutions | 430/8 | - | €2,378 | +€2,378 | |
| Trade debts | 44 | €9,075 | €2,001 | -€7,074 | -77.9% |
| Suppliers | 440/4 | - | €2,001 | +€2,001 | |
| Taxes, remuneration and social security | 45 | - | €28,760 | +€28,760 | |
| Taxes | 450/3 | - | €28,760 | +€28,760 | |
| Other amounts payable | 47/48 | - | €51,240 | +€51,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €300 | €300 | = | 0.0% |
| Other operating charges | 640/8 | - | €3,891 | +€3,891 | |
| Gross operating margin | 9900 | €36,421 | €56,497 | +€20,076 | +55.1% |
| Operating profit (loss) | 9901 | €34,396 | €52,306 | +€17,909 | +52.1% |
| Financial charges | 65/66B | - | €863 | +€863 | |
| Recurring financial charges | 65 | €864 | €863 | -€1 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €33,532 | €51,443 | +€17,911 | +53.4% |
| Profit (loss) for the period | 9904 | €33,532 | €51,443 | +€17,911 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,532 | €51,443 | +€17,911 | +53.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.