Redix 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.
Redix Studios
Largest movements
- Receivables within one year +€12,257
up €12,257 (+546.3%), from €2,244 to €14,500
of which Trade receivables: +€10,442
- Tangible fixed assets +€1,275
new in 2023: €1,275
- Formation expenses -€620
down €620 (-28.5%), from €2,176 to €1,556
- Cash +€224
up €224 (+288.4%), from €78 to €302
mainly Tax, wage and social debts (+€5,682) and Net result for the year (+€3,516)
- Tax, wage and social debts +€5,682
new in 2023: €5,682
- Profit (loss) carried forward +€3,516
up €3,516, from -€2,829 to €686
- Trade debts +€3,495
up €3,495 (+90.6%), from €3,856 to €7,352
- Other debts +€443
up €443 (+41.4%), from €1,070 to €1,513
- Gross operating margin +€7,440
up €7,440, from -€1,814 to €5,626
- Other operating charges +€623
up €623 (+688.5%), from €91 to €714
- Taxes +€568
new in 2023: €568
- Depreciation -€286
down €286 (-30.9%), from €924 to €638
- Financial charges +€190
up €190 (+126920.0%), from €0 to €191
From the 2022 result to the 2023 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
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,497 | €17,634 | +€13,136 | +292.1% |
| Formation expenses | 20 | €2,176 | €1,556 | -€620 | -28.5% |
| Fixed assets | 21/28 | - | €1,275 | +€1,275 | |
| Tangible fixed assets | 22/27 | - | €1,275 | +€1,275 | |
| Furniture and vehicles | 24 | - | €1,275 | +€1,275 | |
| Current assets | 29/58 | €2,321 | €14,803 | +€12,481 | +537.7% |
| Amounts receivable within one year | 40/41 | €2,244 | €14,500 | +€12,257 | +546.3% |
| Trade receivables | 40 | €1,809 | €12,251 | +€10,442 | +577.3% |
| Other amounts receivable | 41 | €435 | €2,249 | +€1,815 | +417.5% |
| Cash at bank and in hand | 54/58 | €78 | €302 | +€224 | +288.4% |
| Total equity and liabilities | 10/49 | €4,497 | €17,634 | +€13,136 | +292.1% |
| Equity | 10/15 | -€429 | €3,086 | +€3,516 | |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,829 | €686 | +€3,516 | |
| Amounts payable | 17/49 | €4,926 | €14,547 | +€9,621 | +195.3% |
| Amounts payable within one year | 42/48 | €4,926 | €14,547 | +€9,621 | +195.3% |
| Trade debts | 44 | €3,856 | €7,352 | +€3,495 | +90.6% |
| Suppliers | 440/4 | €3,856 | €7,352 | +€3,495 | +90.6% |
| Taxes, remuneration and social security | 45 | - | €5,682 | +€5,682 | |
| Taxes | 450/3 | - | €5,682 | +€5,682 | |
| Other amounts payable | 47/48 | €1,070 | €1,513 | +€443 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €924 | €638 | -€286 | -30.9% |
| Other operating charges | 640/8 | €91 | €714 | +€623 | +688.5% |
| Gross operating margin | 9900 | -€1,814 | €5,626 | +€7,440 | |
| Operating profit (loss) | 9901 | -€2,829 | €4,274 | +€7,103 | |
| Financial charges | 65/66B | €0 | €191 | +€190 | +126920.0% |
| Recurring financial charges | 65 | €0 | €191 | +€190 | +126920.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,829 | €4,084 | +€6,913 | |
| Income taxes | 67/77 | - | €568 | +€568 | |
| Profit (loss) for the period | 9904 | -€2,829 | €3,516 | +€6,345 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,829 | €3,516 | +€6,345 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.