STUDIAtec: 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.
STUDIAtec
Largest movements
- Receivables within one year -€13,851
down €13,851 (-73.9%), from €18,753 to €4,902
of which Other amounts receivable: -€12,623
- Cash +€13,326
up €13,326 (+15.9%), from €83,897 to €97,223
mainly Receivables within one year (+€13,851) and Net result for the year (+€4,721)
- Receivables after one year +€1,178
new in 2025: €1,178
- Accrued charges and deferred income -€4,957
no longer reported in 2025 (was €4,957)
- Profit (loss) carried forward +€4,721
up €4,721 (+25.6%), from -€18,428 to -€13,706
- Gross operating margin +€17,089
up €17,089, from -€11,345 to €5,743
- Depreciation -€216
down €216 (-27.4%), from €789 to €572
- Financial income +€139
up €139 (+61.2%), from €227 to €366
- Other operating charges +€136
up €136 (+35.2%), from €387 to €524
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 | €103,658 | €103,739 | +€82 | +0.1% |
| Fixed assets | 21/28 | €1,008 | €436 | -€572 | -56.8% |
| Tangible fixed assets | 22/27 | €1,008 | €436 | -€572 | -56.8% |
| Plant, machinery and equipment | 23 | €564 | €357 | -€206 | -36.6% |
| Furniture and vehicles | 24 | €444 | €78 | -€366 | -82.4% |
| Current assets | 29/58 | €102,650 | €103,303 | +€654 | +0.6% |
| Amounts receivable after more than one year | 29 | - | €1,178 | +€1,178 | |
| Other amounts receivable | 291 | - | €1,178 | +€1,178 | |
| Amounts receivable within one year | 40/41 | €18,753 | €4,902 | -€13,851 | -73.9% |
| Trade receivables | 40 | €5,083 | €3,855 | -€1,228 | -24.2% |
| Other amounts receivable | 41 | €13,669 | €1,047 | -€12,623 | -92.3% |
| Cash at bank and in hand | 54/58 | €83,897 | €97,223 | +€13,326 | +15.9% |
| Total equity and liabilities | 10/49 | €103,658 | €103,739 | +€82 | +0.1% |
| Equity | 10/15 | €98,700 | €103,421 | +€4,721 | +4.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €112,128 | €112,128 | = | 0.0% |
| Distributable reserves | 133 | €112,128 | €112,128 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,428 | -€13,706 | +€4,721 | +25.6% |
| Amounts payable | 17/49 | €4,957 | €318 | -€4,640 | -93.6% |
| Amounts payable within one year | 42/48 | - | €318 | +€318 | |
| Taxes, remuneration and social security | 45 | - | €318 | +€318 | |
| Taxes | 450/3 | - | €318 | +€318 | |
| Accrued charges and deferred income | 492/3 | €4,957 | - | -€4,957 | |
| Remuneration, social security and pensions | 62 | €71 | €142 | +€71 | +99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €789 | €572 | -€216 | -27.4% |
| Other operating charges | 640/8 | €387 | €524 | +€136 | +35.2% |
| Gross operating margin | 9900 | -€11,345 | €5,743 | +€17,089 | |
| Operating profit (loss) | 9901 | -€12,592 | €4,505 | +€17,098 | |
| Financial income | 75/76B | €227 | €366 | +€139 | +61.2% |
| Recurring financial income | 75 | €227 | €366 | +€139 | +61.2% |
| Financial charges | 65/66B | €181 | €150 | -€31 | -17.2% |
| Recurring financial charges | 65 | €181 | €150 | -€31 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,547 | €4,721 | +€17,268 | |
| Profit (loss) for the period | 9904 | -€12,547 | €4,721 | +€17,268 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,547 | €4,721 | +€17,268 |
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 7 October 2026 via checked.be.