STUDIO 15: 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.
STUDIO 15
Largest movements
- Tangible fixed assets -€91,722
down €91,722 (-94.0%), from €97,581 to €5,858
of which Plant, machinery and equipment: -€94,560
- Receivables within one year -€5,274
down €5,274 (-100.0%), from €5,275 to €2
- Debts after one year -€88,934
down €88,934 (-70.1%), from €126,875 to €37,941
- Profit (loss) carried forward -€37,781
down €37,781 (-131.4%), from -€28,757 to -€66,538
- Trade debts +€19,370
up €19,370 (+1076.1%), from €1,800 to €21,170
- Tax, wage and social debts +€10,092
new in 2024: €10,092
- Gross operating margin +€32,910
up €32,910, from -€25,291 to €7,619
- Staff costs +€8,611
new in 2024: €8,611
- Other operating charges +€3,961
new in 2024: €3,961
- Financial charges +€2,894
up €2,894 (+6954.7%), from €42 to €2,935
- Depreciation +€1,339
up €1,339 (+39.1%), from €3,425 to €4,764
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,917 | €7,664 | -€97,253 | -92.7% |
| Fixed assets | 21/28 | €97,581 | €5,858 | -€91,722 | -94.0% |
| Tangible fixed assets | 22/27 | €97,581 | €5,858 | -€91,722 | -94.0% |
| Plant, machinery and equipment | 23 | €96,679 | €2,119 | -€94,560 | -97.8% |
| Furniture and vehicles | 24 | €901 | €3,739 | +€2,837 | +314.8% |
| Current assets | 29/58 | €7,337 | €1,806 | -€5,531 | -75.4% |
| Amounts receivable within one year | 40/41 | €5,275 | €2 | -€5,274 | -100.0% |
| Other amounts receivable | 41 | €5,275 | €2 | -€5,274 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,061 | €1,804 | -€257 | -12.5% |
| Total equity and liabilities | 10/49 | €104,917 | €7,664 | -€97,253 | -92.7% |
| Equity | 10/15 | -€23,757 | -€61,538 | -€37,781 | -159.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,757 | -€66,538 | -€37,781 | -131.4% |
| Amounts payable | 17/49 | €128,675 | €69,202 | -€59,472 | -46.2% |
| Amounts payable after more than one year | 17 | €126,875 | €37,941 | -€88,934 | -70.1% |
| Other amounts payable | 178/9 | €126,875 | €37,941 | -€88,934 | -70.1% |
| Amounts payable within one year | 42/48 | €1,800 | €31,262 | +€29,462 | +1636.8% |
| Trade debts | 44 | €1,800 | €21,170 | +€19,370 | +1076.1% |
| Suppliers | 440/4 | €1,800 | €21,170 | +€19,370 | +1076.1% |
| Taxes, remuneration and social security | 45 | - | €10,092 | +€10,092 | |
| Taxes | 450/3 | - | €10,092 | +€10,092 | |
| Remuneration, social security and pensions | 62 | - | €8,611 | +€8,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,425 | €4,764 | +€1,339 | +39.1% |
| Other operating charges | 640/8 | - | €3,961 | +€3,961 | |
| Gross operating margin | 9900 | -€25,291 | €7,619 | +€32,910 | |
| Operating profit (loss) | 9901 | -€28,716 | -€9,716 | +€19,000 | +66.2% |
| Financial charges | 65/66B | €42 | €2,935 | +€2,894 | +6954.7% |
| Recurring financial charges | 65 | €42 | €2,935 | +€2,894 | +6954.7% |
| Profit (loss) for the period before taxes | 9903 | -€28,757 | -€12,651 | +€16,106 | +56.0% |
| Profit (loss) for the period | 9904 | -€28,757 | -€12,651 | +€16,106 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,757 | -€12,651 | +€16,106 | +56.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.