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NOWHERE 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.

What changed

NOWHERE STUDIOS

BE 0782.860.868
NACE 58.210, Publishing activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,373
2024 · -€4,842+€2,469
Equity
-€13,339
2024 · -€10,966-€2,373
Cash
€963
2024 · €384+€579
Balance sheet total
€2,276
2024 · €1,843+€433

Largest movements

2024 to 2025
Assets
  • Cash +€579

    up €579 (+150.9%), from €384 to €963

    mainly Other debts (+€13,791) and Receivables within one year (+€146)

  • Receivables within one year -€146

    down €146 (-10.0%), from €1,459 to €1,313

Equity and liabilities
  • Other debts +€13,791

    up €13,791 (+794.4%), from €1,736 to €15,527

  • Tax, wage and social debts -€10,850

    no longer reported in 2025 (was €10,850)

  • Profit (loss) carried forward -€2,373

    down €2,373 (-17.6%), from -€13,466 to -€15,839

  • Trade debts -€134

    down €134 (-60.3%), from €223 to €88

Income statement
  • Gross operating margin +€2,128

    up €2,128 (+54.9%), from -€3,878 to -€1,750

  • Financial charges -€270

    down €270 (-54.7%), from €494 to €224

  • Other operating charges -€71

    down €71 (-15.0%), from €471 to €400

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€4,842
Gross operating margin +€2,128
Other operating charges +€71
Financial charges +€270
Result 2025 -€2,373

Cash bridge derived

cash 2024 to 2025

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.

From operations +€579
Investment €0
Financing €0
Cash 2024 €384
Net result for the year -€2,373
Receivables within one year +€146
Trade debts -€134
Tax, wage and social debts -€10,850
Other debts +€13,791
Cash 2025 €963
Every line side by side 24 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,843 €2,276 +€433 +23.5%
Current assets 29/58 €1,843 €2,276 +€433 +23.5%
Amounts receivable within one year 40/41 €1,459 €1,313 -€146 -10.0%
Other amounts receivable 41 €1,459 €1,313 -€146 -10.0%
Cash at bank and in hand 54/58 €384 €963 +€579 +150.9%
Total equity and liabilities 10/49 €1,843 €2,276 +€433 +23.5%
Equity 10/15 -€10,966 -€13,339 -€2,373 -21.6%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€13,466 -€15,839 -€2,373 -17.6%
Amounts payable 17/49 €12,809 €15,615 +€2,806 +21.9%
Amounts payable within one year 42/48 €12,809 €15,615 +€2,806 +21.9%
Trade debts 44 €223 €88 -€134 -60.3%
Suppliers 440/4 €223 €88 -€134 -60.3%
Taxes, remuneration and social security 45 €10,850 - -€10,850
Remuneration and social security 454/9 €10,850 - -€10,850
Other amounts payable 47/48 €1,736 €15,527 +€13,791 +794.4%
Other operating charges 640/8 €471 €400 -€71 -15.0%
Gross operating margin 9900 -€3,878 -€1,750 +€2,128 +54.9%
Operating profit (loss) 9901 -€4,348 -€2,150 +€2,199 +50.6%
Financial charges 65/66B €494 €224 -€270 -54.7%
Recurring financial charges 65 €494 €224 -€270 -54.7%
Profit (loss) for the period before taxes 9903 -€4,842 -€2,373 +€2,469 +51.0%
Profit (loss) for the period 9904 -€4,842 -€2,373 +€2,469 +51.0%
Profit (loss) for the period to be appropriated 9905 -€4,842 -€2,373 +€2,469 +51.0%

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 28 September 2026 via checked.be.