STUDEKOT: 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.
STUDEKOT
Largest movements
- Receivables within one year -€9,926
down €9,926 (-100.0%), from €9,926 to €0
of which Other amounts receivable: -€9,926
- Cash +€7,164
up €7,164 (+179.8%), from €3,986 to €11,150
mainly Depreciation (+€13,852) and Receivables within one year (+€9,926)
- Trade debts -€17,987
down €17,987 (-97.4%), from €18,459 to €473
- Other debts +€8,599
up €8,599 (+1.0%), from €821,763 to €830,361
- Gross operating margin +€30,107
up €30,107, from -€16,667 to €13,440
- Depreciation +€9,395
up €9,395 (+210.8%), from €4,457 to €13,852
- Other operating charges -€7,409
down €7,409 (-85.5%), from €8,663 to €1,254
- Financial charges -€2,766
down €2,766 (-98.3%), from €2,814 to €48
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 | €608,132 | €598,757 | -€9,374 | -1.5% |
| Fixed assets | 21/28 | €592,329 | €587,476 | -€4,852 | -0.8% |
| Tangible fixed assets | 22/27 | €592,329 | €587,476 | -€4,852 | -0.8% |
| Land and buildings | 22 | €417,711 | €410,332 | -€7,378 | -1.8% |
| Other tangible fixed assets | 26 | €174,618 | €177,144 | +€2,526 | +1.4% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €15,803 | €11,281 | -€4,522 | -28.6% |
| Amounts receivable within one year | 40/41 | €9,926 | €0 | -€9,926 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,926 | €0 | -€9,926 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,986 | €11,150 | +€7,164 | +179.8% |
| Deferred charges and accrued income | 490/1 | €1,891 | €131 | -€1,760 | -93.1% |
| Total equity and liabilities | 10/49 | €608,132 | €598,757 | -€9,374 | -1.5% |
| Equity | 10/15 | -€232,091 | -€233,687 | -€1,596 | -0.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,091 | -€234,687 | -€1,596 | -0.7% |
| Amounts payable | 17/49 | €840,222 | €832,444 | -€7,778 | -0.9% |
| Amounts payable within one year | 42/48 | €840,222 | €830,834 | -€9,388 | -1.1% |
| Trade debts | 44 | €18,459 | €473 | -€17,987 | -97.4% |
| Suppliers | 440/4 | €18,459 | €473 | -€17,987 | -97.4% |
| Other amounts payable | 47/48 | €821,763 | €830,361 | +€8,599 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €1,610 | +€1,610 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,457 | €13,852 | +€9,395 | +210.8% |
| Other operating charges | 640/8 | €8,663 | €1,254 | -€7,409 | -85.5% |
| Non-recurring operating charges | 66A | €21,310 | €0 | -€21,310 | -100.0% |
| Gross operating margin | 9900 | -€16,667 | €13,440 | +€30,107 | |
| Operating profit (loss) | 9901 | -€51,097 | -€1,666 | +€49,431 | +96.7% |
| Financial income | 75/76B | €0 | €118 | +€118 | |
| Recurring financial income | 75 | €0 | €118 | +€118 | |
| Financial charges | 65/66B | €2,814 | €48 | -€2,766 | -98.3% |
| Recurring financial charges | 65 | €2,814 | €48 | -€2,766 | -98.3% |
| Profit (loss) for the period before taxes | 9903 | -€53,911 | -€1,596 | +€52,315 | +97.0% |
| Profit (loss) for the period | 9904 | -€53,911 | -€1,596 | +€52,315 | +97.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,911 | -€1,596 | +€52,315 | +97.0% |
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 11 October 2026 via checked.be.