SPACE 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.
What changed
SPACE STUDIO
NACE 43.350, Other building finishing work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,525
2024 · -€10,220+€695
Equity
-€16,745
2024 · -€7,220-€9,525
Cash
-
2024 · €7,928-€7,928
Balance sheet total
€38,087
2024 · €10,825+€27,262
Largest movements
Assets
- Current investments +€36,560
new in 2025: €36,560
- Cash -€7,928
no longer reported in 2025 (was €7,928)
mainly Current investments (-€36,560) and Net result for the year (-€9,525)
- Receivables within one year -€1,370
down €1,370 (-47.3%), from €2,897 to €1,527
of which Other amounts receivable: -€2,028
Equity and liabilities
- Accrued charges and deferred income +€26,233
new in 2025: €26,233
- Profit (loss) carried forward -€9,525
down €9,525 (-93.2%), from -€10,220 to -€19,745
- Other debts +€5,634
up €5,634 (+55.0%), from €10,239 to €15,873
- Trade debts +€3,420
up €3,420 (+43.8%), from €7,806 to €11,226
of which Suppliers: +€3,420
- Tax, wage and social debts +€1,500
new in 2025: €1,500
of which Remuneration and social security: +€1,500
Income statement
- Turnover -€316,510
no longer reported in 2025 (was €316,510)
- Purchases and services -€269,142
no longer reported in 2025 (was €269,142)
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.
Result 2024
-€10,220
Gross operating margin
+€2,068
Other operating charges
-€1,332
Financial charges
-€41
Result 2025
-€9,525
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.
From operations
+€28,632
Investment
-€36,560
Financing
€0
Cash 2024
€7,928
From operations (derived)
+€28,632
Net result for the year
-€9,525
Receivables within one year
+€1,370
Trade debts
+€3,420
Tax, wage and social debts
+€1,500
Other debts
+€5,634
Accrued charges and deferred income
+€26,233
Investment (derived)
-€36,560
Current investments
-€36,560
Cash 2025
€0
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,825 | €38,087 | +€27,262 | +251.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €10,825 | €38,087 | +€27,262 | +251.8% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,897 | €1,527 | -€1,370 | -47.3% |
| Trade receivables | 40 | - | €658 | +€658 | |
| Other amounts receivable | 41 | €2,897 | €869 | -€2,028 | -70.0% |
| Current investments | 50/53 | - | €36,560 | +€36,560 | |
| Cash at bank and in hand | 54/58 | €7,928 | - | -€7,928 | |
| Total equity and liabilities | 10/49 | €10,825 | €38,087 | +€27,262 | +251.8% |
| Equity | 10/15 | -€7,220 | -€16,745 | -€9,525 | -131.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | - | €3,000 | +€3,000 | |
| Issued capital | 100 | - | €3,000 | +€3,000 | |
| Uncalled capital | 101 | - | €0 | = | |
| Outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | - | €0 | = | |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Legal reserve | 130 | - | €0 | = | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €0 | = | |
| Financial assistance | 1313 | - | €0 | = | |
| Other | 1319 | - | €0 | = | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€10,220 | -€19,745 | -€9,525 | -93.2% |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €0 | = | |
| Provisions for liabilities and charges | 160/5 | - | €0 | = | |
| Pensions and similar obligations | 160 | - | €0 | = | |
| Taxes | 161 | - | €0 | = | |
| Major repairs and maintenance | 162 | - | €0 | = | |
| Environmental obligations | 163 | - | €0 | = | |
| Other liabilities and charges | 164/5 | - | €0 | = | |
| Deferred taxes | 168 | - | €0 | = | |
| Amounts payable | 17/49 | €18,045 | €54,832 | +€36,787 | +203.9% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Trade debts | 175 | - | €0 | = | |
| Advances received on contracts in progress | 176 | - | €0 | = | |
| Other amounts payable | 178/9 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €18,045 | €28,599 | +€10,554 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €7,806 | €11,226 | +€3,420 | +43.8% |
| Suppliers | 440/4 | €7,806 | €11,226 | +€3,420 | +43.8% |
| Bills of exchange payable | 441 | - | €0 | = | |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | - | €1,500 | +€1,500 | |
| Taxes | 450/3 | - | €0 | = | |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €10,239 | €15,873 | +€5,634 | +55.0% |
| Accrued charges and deferred income | 492/3 | - | €26,233 | +€26,233 | |
| Turnover | 70 | €316,510 | - | -€316,510 | |
| Goods, raw materials, services and sundry goods | 60/61 | €269,142 | - | -€269,142 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €0 | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €0 | = | |
| Other operating charges | 640/8 | €163 | €1,495 | +€1,332 | +817.2% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | -€10,003 | -€7,935 | +€2,068 | +20.7% |
| Operating profit (loss) | 9901 | -€10,166 | -€9,430 | +€736 | +7.2% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €54 | €95 | +€41 | +75.9% |
| Recurring financial charges | 65 | €54 | €95 | +€41 | +75.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,220 | -€9,525 | +€695 | +6.8% |
| Profit (loss) for the period | 9904 | -€10,220 | -€9,525 | +€695 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,220 | -€9,525 | +€695 | +6.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.