Studieburo Structural: 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.
Studieburo Structural
Largest movements
- Cash -€3,164
down €3,164 (-50.4%), from €6,276 to €3,112
mainly Net result for the year (-€3,659) and Trade debts (-€183)
- Tangible fixed assets -€677
down €677 (-93.6%), from €724 to €47
of which Other tangible fixed assets: -€618
- Profit (loss) carried forward -€3,659
down €3,659 (-4.8%), from -€76,199 to -€79,858
- Trade debts -€183
down €183 (-6.3%), from €2,912 to €2,730
- Depreciation -€1,749
down €1,749 (-72.1%), from €2,426 to €677
- Gross operating margin -€1,292
down €1,292 (-180%), from -€719 to -€2,011
- Other operating charges +€941
new in 2025: €941
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.
Derived cash bridge
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 | €9,797 | €5,956 | -€3,841 | -39.2% |
| Fixed assets | 21/28 | €724 | €47 | -€677 | -93.6% |
| Tangible fixed assets | 22/27 | €724 | €47 | -€677 | -93.6% |
| Plant, machinery and equipment | 23 | €59 | - | -€59 | |
| Other tangible fixed assets | 26 | €665 | €47 | -€618 | -93.0% |
| Current assets | 29/58 | €9,073 | €5,909 | -€3,164 | -34.9% |
| Amounts receivable within one year | 40/41 | €2,797 | €2,797 | = | 0.0% |
| Other amounts receivable | 41 | €2,797 | €2,797 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,276 | €3,112 | -€3,164 | -50.4% |
| Total equity and liabilities | 10/49 | €9,797 | €5,956 | -€3,841 | -39.2% |
| Equity | 10/15 | €2,052 | -€1,607 | -€3,659 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €16,750 | €16,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €10,600 | €10,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,199 | -€79,858 | -€3,659 | -4.8% |
| Amounts payable | 17/49 | €7,745 | €7,563 | -€183 | -2.4% |
| Amounts payable within one year | 42/48 | €7,745 | €7,563 | -€183 | -2.4% |
| Trade debts | 44 | €2,912 | €2,730 | -€183 | -6.3% |
| Suppliers | 440/4 | €2,912 | €2,730 | -€183 | -6.3% |
| Other amounts payable | 47/48 | €4,833 | €4,833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,426 | €677 | -€1,749 | -72.1% |
| Other operating charges | 640/8 | - | €941 | +€941 | |
| Gross operating margin | 9900 | -€719 | -€2,011 | -€1,292 | -180% |
| Operating profit (loss) | 9901 | -€3,145 | -€3,629 | -€484 | -15.4% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,173 | -€3,659 | -€486 | -15.3% |
| Profit (loss) for the period | 9904 | -€3,173 | -€3,659 | -€486 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,173 | -€3,659 | -€486 | -15.3% |
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 15 October 2026 via checked.be.