Studio 19-4052: 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.
Studio 19-4052
Largest movements
- Cash +€17,074
up €17,074 (+61.7%), from €27,691 to €44,766
mainly Net result for the year (+€23,751) and Depreciation (+€2,181)
- Receivables within one year +€4,832
up €4,832 (+8.4%), from €57,368 to €62,200
of which Trade receivables: +€8,360
- Tangible fixed assets +€3,480
up €3,480 (+22.7%), from €15,363 to €18,843
of which Furniture and vehicles: +€2,426
- Profit (loss) carried forward +€23,751
up €23,751 (+32.8%), from €72,400 to €96,151
- Tax, wage and social debts +€1,917
up €1,917 (+18.1%), from €10,590 to €12,506
of which Taxes: +€4,117
- Gross operating margin -€7,387
down €7,387 (-18.5%), from €39,902 to €32,515
- Taxes -€1,781
down €1,781 (-22.2%), from €8,031 to €6,250
- Depreciation +€1,696
up €1,696 (+350%), from €485 to €2,181
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 | €100,422 | €125,809 | +€25,387 | +25.3% |
| Fixed assets | 21/28 | €15,363 | €18,843 | +€3,480 | +22.7% |
| Tangible fixed assets | 22/27 | €15,363 | €18,843 | +€3,480 | +22.7% |
| Plant, machinery and equipment | 23 | - | €1,054 | +€1,054 | |
| Furniture and vehicles | 24 | €15,363 | €17,790 | +€2,426 | +15.8% |
| Current assets | 29/58 | €85,059 | €106,965 | +€21,906 | +25.8% |
| Amounts receivable within one year | 40/41 | €57,368 | €62,200 | +€4,832 | +8.4% |
| Trade receivables | 40 | €30,855 | €39,215 | +€8,360 | +27.1% |
| Other amounts receivable | 41 | €26,513 | €22,984 | -€3,528 | -13.3% |
| Cash at bank and in hand | 54/58 | €27,691 | €44,766 | +€17,074 | +61.7% |
| Total equity and liabilities | 10/49 | €100,422 | €125,809 | +€25,387 | +25.3% |
| Equity | 10/15 | €74,900 | €98,651 | +€23,751 | +31.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,400 | €96,151 | +€23,751 | +32.8% |
| Amounts payable | 17/49 | €25,522 | €27,158 | +€1,636 | +6.4% |
| Amounts payable within one year | 42/48 | €24,642 | €26,613 | +€1,971 | +8.0% |
| Trade debts | 44 | €13,451 | €14,107 | +€656 | +4.9% |
| Suppliers | 440/4 | €13,451 | €14,107 | +€656 | +4.9% |
| Taxes, remuneration and social security | 45 | €10,590 | €12,506 | +€1,917 | +18.1% |
| Taxes | 450/3 | €8,390 | €12,506 | +€4,117 | +49.1% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €601 | - | -€601 | |
| Accrued charges and deferred income | 492/3 | €880 | €545 | -€335 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485 | €2,181 | +€1,696 | +350% |
| Other operating charges | 640/8 | €366 | €200 | -€166 | -45.3% |
| Gross operating margin | 9900 | €39,902 | €32,515 | -€7,387 | -18.5% |
| Operating profit (loss) | 9901 | €39,051 | €30,134 | -€8,917 | -22.8% |
| Financial charges | 65/66B | €112 | €133 | +€22 | +19.3% |
| Recurring financial charges | 65 | €112 | €133 | +€22 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €38,940 | €30,001 | -€8,939 | -23.0% |
| Income taxes | 67/77 | €8,031 | €6,250 | -€1,781 | -22.2% |
| Profit (loss) for the period | 9904 | €30,908 | €23,751 | -€7,158 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,908 | €23,751 | -€7,158 | -23.2% |
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 24 October 2026 via checked.be.