RL Studio & Co: 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.
RL Studio & Co
Largest movements
- Receivables within one year -€79,323
down €79,323 (-92.3%), from €85,963 to €6,639
of which Trade receivables: -€79,308
- Tangible fixed assets -€16,357
down €16,357 (-5.9%), from €275,714 to €259,357
of which Furniture and vehicles: -€14,157
- Cash -€5,756
down €5,756 (-93.5%), from €6,156 to €399
mainly Trade debts (-€75,384) and Net result for the year (-€17,963)
- Trade debts -€75,384
down €75,384 (-88.0%), from €85,696 to €10,312
- Profit (loss) carried forward -€17,963
new in 2025: -€17,963
- Debts after one year -€17,055
down €17,055 (-8.8%), from €193,734 to €176,679
- Gross operating margin -€9,843
down €9,843 (-30.5%), from €32,300 to €22,457
- Depreciation +€8,418
up €8,418 (+52.2%), from €16,117 to €24,535
- Other operating charges -€5,806
down €5,806 (-58.7%), from €9,894 to €4,088
- Financial charges +€4,022
up €4,022 (+90.8%), from €4,432 to €8,454
- Taxes +€2,952
up €2,952 (+713.0%), from €414 to €3,366
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.
Cash bridge derived
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 | €392,520 | €287,659 | -€104,861 | -26.7% |
| Fixed assets | 21/28 | €275,714 | €259,357 | -€16,357 | -5.9% |
| Tangible fixed assets | 22/27 | €275,714 | €259,357 | -€16,357 | -5.9% |
| Land and buildings | 22 | €195,336 | €189,675 | -€5,660 | -2.9% |
| Plant, machinery and equipment | 23 | €345 | €7,676 | +€7,332 | +2125.8% |
| Furniture and vehicles | 24 | €56,821 | €42,664 | -€14,157 | -24.9% |
| Leasing and similar rights | 25 | €10,693 | €9,824 | -€869 | -8.1% |
| Other tangible fixed assets | 26 | €11,586 | €9,517 | -€2,069 | -17.9% |
| Assets under construction and advance payments | 27 | €933 | - | -€933 | |
| Current assets | 29/58 | €116,806 | €28,302 | -€88,505 | -75.8% |
| Amounts receivable after more than one year | 29 | €2,300 | €75 | -€2,225 | -96.7% |
| Other amounts receivable | 291 | €2,300 | €75 | -€2,225 | -96.7% |
| Stocks and contracts in progress | 3 | €18,000 | €20,000 | +€2,000 | +11.1% |
| Stocks | 30/36 | €18,000 | €20,000 | +€2,000 | +11.1% |
| Amounts receivable within one year | 40/41 | €85,963 | €6,639 | -€79,323 | -92.3% |
| Trade receivables | 40 | €84,361 | €5,053 | -€79,308 | -94.0% |
| Other amounts receivable | 41 | €1,601 | €1,586 | -€15 | -1.0% |
| Cash at bank and in hand | 54/58 | €6,156 | €399 | -€5,756 | -93.5% |
| Deferred charges and accrued income | 490/1 | €4,388 | €1,189 | -€3,200 | -72.9% |
| Total equity and liabilities | 10/49 | €392,520 | €287,659 | -€104,861 | -26.7% |
| Equity | 10/15 | €32,575 | €14,611 | -€17,963 | -55.1% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €28,075 | €28,075 | = | 0.0% |
| Distributable reserves | 133 | €28,075 | €28,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€17,963 | -€17,963 | |
| Amounts payable | 17/49 | €359,946 | €273,048 | -€86,898 | -24.1% |
| Amounts payable after more than one year | 17 | €193,734 | €176,679 | -€17,055 | -8.8% |
| Financial debts | 170/4 | €193,734 | €176,679 | -€17,055 | -8.8% |
| Amounts payable within one year | 42/48 | €164,315 | €95,184 | -€69,131 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €23,548 | €25,148 | +€1,600 | +6.8% |
| Trade debts | 44 | €85,696 | €10,312 | -€75,384 | -88.0% |
| Suppliers | 440/4 | €85,696 | €10,312 | -€75,384 | -88.0% |
| Taxes, remuneration and social security | 45 | €5,551 | €8,129 | +€2,578 | +46.4% |
| Taxes | 450/3 | €5,551 | €5,002 | -€549 | -9.9% |
| Remuneration and social security | 454/9 | - | €3,127 | +€3,127 | |
| Other amounts payable | 47/48 | €49,521 | €51,595 | +€2,075 | +4.2% |
| Accrued charges and deferred income | 492/3 | €1,898 | €1,185 | -€712 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,117 | €24,535 | +€8,418 | +52.2% |
| Other operating charges | 640/8 | €9,894 | €4,088 | -€5,806 | -58.7% |
| Gross operating margin | 9900 | €32,300 | €22,457 | -€9,843 | -30.5% |
| Operating profit (loss) | 9901 | €6,289 | -€6,166 | -€12,455 | |
| Financial income | 75/76B | €28 | €24 | -€5 | -16.1% |
| Recurring financial income | 75 | €28 | €24 | -€5 | -16.1% |
| Financial charges | 65/66B | €4,432 | €8,454 | +€4,022 | +90.8% |
| Recurring financial charges | 65 | €4,432 | €8,454 | +€4,022 | +90.8% |
| Profit (loss) for the period before taxes | 9903 | €1,886 | -€14,597 | -€16,482 | |
| Income taxes | 67/77 | €414 | €3,366 | +€2,952 | +713.0% |
| Profit (loss) for the period | 9904 | €1,472 | -€17,963 | -€19,435 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,472 | -€17,963 | -€19,435 |
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 9 October 2026 via checked.be.