Studijo: 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.
Studijo
Largest movements
- Tangible fixed assets -€9,166
down €9,166 (-41.9%), from €21,854 to €12,688
- Cash +€5,558
up €5,558 (+297.5%), from €1,868 to €7,426
mainly Depreciation (+€9,166) and Net result for the year (+€3,100)
- Receivables within one year +€1,952
up €1,952 (+1822.2%), from €107 to €2,060
of which Trade receivables: +€1,385
- Deferred charges and accrued income -€331
down €331 (-21.9%), from €1,513 to €1,183
- Debts after one year -€5,965
down €5,965 (-14.4%), from €41,527 to €35,563
- Profit (loss) carried forward +€3,100
up €3,100 (+6.9%), from -€45,002 to -€41,902
- Trade debts +€565
up €565 (+30.3%), from €1,865 to €2,430
- Other debts +€328
up €328 (+89.4%), from €366 to €694
- Gross operating margin +€21,608
up €21,608, from -€8,698 to €12,909
- Depreciation -€318
down €318 (-3.4%), from €9,484 to €9,166
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 | €25,342 | €23,355 | -€1,987 | -7.8% |
| Fixed assets | 21/28 | €21,854 | €12,688 | -€9,166 | -41.9% |
| Tangible fixed assets | 22/27 | €21,854 | €12,688 | -€9,166 | -41.9% |
| Furniture and vehicles | 24 | €21,854 | €12,688 | -€9,166 | -41.9% |
| Current assets | 29/58 | €3,488 | €10,668 | +€7,179 | +205.8% |
| Amounts receivable within one year | 40/41 | €107 | €2,060 | +€1,952 | +1822.2% |
| Trade receivables | 40 | €107 | €1,492 | +€1,385 | +1292.5% |
| Other amounts receivable | 41 | - | €568 | +€568 | |
| Cash at bank and in hand | 54/58 | €1,868 | €7,426 | +€5,558 | +297.5% |
| Deferred charges and accrued income | 490/1 | €1,513 | €1,183 | -€331 | -21.9% |
| Total equity and liabilities | 10/49 | €25,342 | €23,355 | -€1,987 | -7.8% |
| Equity | 10/15 | -€31,877 | -€28,777 | +€3,100 | +9.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €11,125 | €11,125 | = | 0.0% |
| Distributable reserves | 133 | €11,125 | €11,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,002 | -€41,902 | +€3,100 | +6.9% |
| Amounts payable | 17/49 | €57,219 | €52,132 | -€5,087 | -8.9% |
| Amounts payable after more than one year | 17 | €41,527 | €35,563 | -€5,965 | -14.4% |
| Financial debts | 170/4 | €41,527 | €35,563 | -€5,965 | -14.4% |
| Amounts payable within one year | 42/48 | €15,692 | €16,570 | +€878 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €7,806 | €7,922 | +€116 | +1.5% |
| Trade debts | 44 | €1,865 | €2,430 | +€565 | +30.3% |
| Suppliers | 440/4 | €1,865 | €2,430 | +€565 | +30.3% |
| Taxes, remuneration and social security | 45 | €5,654 | €5,524 | -€131 | -2.3% |
| Taxes | 450/3 | €5,654 | €5,524 | -€131 | -2.3% |
| Other amounts payable | 47/48 | €366 | €694 | +€328 | +89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,484 | €9,166 | -€318 | -3.4% |
| Other operating charges | 640/8 | €242 | €122 | -€119 | -49.3% |
| Gross operating margin | 9900 | -€8,698 | €12,909 | +€21,608 | |
| Operating profit (loss) | 9901 | -€18,424 | €3,621 | +€22,045 | |
| Financial income | 75/76B | €17 | €107 | +€91 | +540.9% |
| Recurring financial income | 75 | €17 | €107 | +€91 | +540.9% |
| Financial charges | 65/66B | €576 | €488 | -€88 | -15.3% |
| Recurring financial charges | 65 | €576 | €488 | -€88 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,983 | €3,240 | +€22,223 | |
| Income taxes | 67/77 | €123 | €140 | +€17 | +13.9% |
| Profit (loss) for the period | 9904 | -€19,106 | €3,100 | +€22,206 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,106 | €3,100 | +€22,206 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.