NNSTUDIO: what changed
NNSTUDIO
Largest movements
- Cash -€39,666
down €39,666 (-35.1%), from €113,154 to €73,488
mainly Other debts (-€49,000) and Receivables within one year (-€11,554)
- Receivables within one year +€11,554
up €11,554 (+53.9%), from €21,425 to €32,979
of which Trade receivables: +€11,554
- Intangible fixed assets +€10,370
new in 2025: €10,370
- Other debts -€49,000
no longer reported in 2025 (was €49,000)
- Reserves +€24,500
up €24,500 (+49,000%), from €50 to €24,550
of which Distributable reserves: +€24,500
- Trade debts +€3,119
up €3,119 (+32.7%), from €9,536 to €12,655
- Tax, wage and social debts +€2,666
up €2,666 (+14.6%), from €18,227 to €20,893
of which Remuneration and social security: +€4,229
- Gross operating margin +€45,824
up €45,824 (+155%), from €29,501 to €75,325
- Staff costs +€13,319
up €13,319 (+55.4%), from €24,026 to €37,345
- Taxes +€9,330
up €9,330 (+749%), from €1,246 to €10,575
- Depreciation +€1,314
up €1,314 (+166%), from €794 to €2,107
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 | €137,824 | €119,127 | -€18,697 | -13.6% |
| Fixed assets | 21/28 | €3,245 | €12,660 | +€9,415 | +290% |
| Intangible fixed assets | 21 | - | €10,370 | +€10,370 | |
| Tangible fixed assets | 22/27 | €3,245 | €2,290 | -€955 | -29.4% |
| Furniture and vehicles | 24 | €3,245 | €2,290 | -€955 | -29.4% |
| Current assets | 29/58 | €134,579 | €106,467 | -€28,112 | -20.9% |
| Amounts receivable within one year | 40/41 | €21,425 | €32,979 | +€11,554 | +53.9% |
| Trade receivables | 40 | €10,425 | €21,979 | +€11,554 | +111% |
| Other amounts receivable | 41 | €11,000 | €11,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €113,154 | €73,488 | -€39,666 | -35.1% |
| Total equity and liabilities | 10/49 | €137,824 | €119,127 | -€18,697 | -13.6% |
| Equity | 10/15 | €61,061 | €85,579 | +€24,518 | +40.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50 | €24,550 | +€24,500 | +49,000% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | - | €24,500 | +€24,500 | |
| Profit (loss) carried forward | 14 | €41,011 | €41,029 | +€18 | 0.0% |
| Amounts payable | 17/49 | €76,763 | €33,548 | -€43,215 | -56.3% |
| Amounts payable within one year | 42/48 | €76,763 | €33,548 | -€43,215 | -56.3% |
| Trade debts | 44 | €9,536 | €12,655 | +€3,119 | +32.7% |
| Suppliers | 440/4 | €9,536 | €12,655 | +€3,119 | +32.7% |
| Taxes, remuneration and social security | 45 | €18,227 | €20,893 | +€2,666 | +14.6% |
| Taxes | 450/3 | €13,347 | €11,784 | -€1,563 | -11.7% |
| Remuneration and social security | 454/9 | €4,880 | €9,109 | +€4,229 | +86.7% |
| Other amounts payable | 47/48 | €49,000 | - | -€49,000 | |
| Remuneration, social security and pensions | 62 | €24,026 | €37,345 | +€13,319 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €794 | €2,107 | +€1,314 | +166% |
| Other operating charges | 640/8 | €607 | €400 | -€208 | -34.2% |
| Gross operating margin | 9900 | €29,501 | €75,325 | +€45,824 | +155% |
| Operating profit (loss) | 9901 | €4,074 | €35,473 | +€31,399 | +771% |
| Financial income | 75/76B | €846 | €597 | -€248 | -29.3% |
| Recurring financial income | 75 | €819 | €597 | -€222 | -27.1% |
| Non-recurring financial income | 76B | €26 | - | -€26 | |
| Financial charges | 65/66B | €496 | €977 | +€481 | +96.9% |
| Recurring financial charges | 65 | €496 | €976 | +€479 | +96.6% |
| Non-recurring financial charges | 66B | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €4,423 | €35,094 | +€30,671 | +693% |
| Income taxes | 67/77 | €1,246 | €10,575 | +€9,330 | +749% |
| Profit (loss) for the period | 9904 | €3,177 | €24,518 | +€21,341 | +672% |
| Profit (loss) for the period to be appropriated | 9905 | €3,177 | €24,518 | +€21,341 | +672% |
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 7 November 2026 via checked.be.