STUDIO 62: 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 62
Largest movements
- Deferred charges and accrued income +€2,639
up €2,639 (+88.3%), from €2,987 to €5,626
- Cash +€2,507
up €2,507 (+253.7%), from €988 to €3,495
mainly Net result for the year (+€11,133) and Other debts (+€6,571)
- Receivables within one year -€1,263
down €1,263 (-5.1%), from €24,870 to €23,607
of which Trade receivables: -€659
- Tangible fixed assets -€968
down €968 (-7.3%), from €13,293 to €12,325
of which Furniture and vehicles: -€1,359
- Profit (loss) carried forward +€11,133
up €11,133 (+17.2%), from -€64,589 to -€53,456
- Tax, wage and social debts -€9,416
down €9,416 (-79.6%), from €11,835 to €2,419
- Other debts +€6,571
up €6,571 (+9.7%), from €67,401 to €73,971
- Current portion of long-term debt -€3,697
no longer reported in 2025 (was €3,697)
- Trade debts -€1,677
down €1,677 (-35.2%), from €4,764 to €3,088
- Gross operating margin +€3,474
up €3,474 (+22.6%), from €15,375 to €18,849
- Depreciation +€3,120
up €3,120 (+249.5%), from €1,251 to €4,371
- Other operating charges -€729
down €729 (-22.2%), from €3,278 to €2,548
- Financial charges -€268
down €268 (-42.2%), from €635 to €367
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 | €44,208 | €47,122 | +€2,914 | +6.6% |
| Fixed assets | 21/28 | €15,363 | €14,395 | -€968 | -6.3% |
| Tangible fixed assets | 22/27 | €13,293 | €12,325 | -€968 | -7.3% |
| Plant, machinery and equipment | 23 | €7,536 | €7,927 | +€391 | +5.2% |
| Furniture and vehicles | 24 | €5,757 | €4,397 | -€1,359 | -23.6% |
| Financial fixed assets | 28 | €2,070 | €2,070 | = | 0.0% |
| Current assets | 29/58 | €28,845 | €32,728 | +€3,882 | +13.5% |
| Amounts receivable within one year | 40/41 | €24,870 | €23,607 | -€1,263 | -5.1% |
| Trade receivables | 40 | €24,257 | €23,598 | -€659 | -2.7% |
| Other amounts receivable | 41 | €613 | €9 | -€604 | -98.5% |
| Cash at bank and in hand | 54/58 | €988 | €3,495 | +€2,507 | +253.7% |
| Deferred charges and accrued income | 490/1 | €2,987 | €5,626 | +€2,639 | +88.3% |
| Total equity and liabilities | 10/49 | €44,208 | €47,122 | +€2,914 | +6.6% |
| Equity | 10/15 | -€43,488 | -€32,356 | +€11,133 | +25.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,900 | €14,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €13,041 | €13,041 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,589 | -€53,456 | +€11,133 | +17.2% |
| Amounts payable | 17/49 | €87,696 | €79,478 | -€8,218 | -9.4% |
| Amounts payable within one year | 42/48 | €87,696 | €79,478 | -€8,218 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €3,697 | - | -€3,697 | |
| Trade debts | 44 | €4,764 | €3,088 | -€1,677 | -35.2% |
| Suppliers | 440/4 | €4,764 | €3,088 | -€1,677 | -35.2% |
| Taxes, remuneration and social security | 45 | €11,835 | €2,419 | -€9,416 | -79.6% |
| Taxes | 450/3 | €11,835 | €2,419 | -€9,416 | -79.6% |
| Other amounts payable | 47/48 | €67,401 | €73,971 | +€6,571 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,251 | €4,371 | +€3,120 | +249.5% |
| Other operating charges | 640/8 | €3,278 | €2,548 | -€729 | -22.2% |
| Gross operating margin | 9900 | €15,375 | €18,849 | +€3,474 | +22.6% |
| Operating profit (loss) | 9901 | €10,847 | €11,930 | +€1,084 | +10.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €635 | €367 | -€268 | -42.2% |
| Recurring financial charges | 65 | €635 | €367 | -€268 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €10,212 | €11,563 | +€1,352 | +13.2% |
| Income taxes | 67/77 | €548 | €431 | -€118 | -21.5% |
| Profit (loss) for the period | 9904 | €9,663 | €11,133 | +€1,470 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,663 | €11,133 | +€1,470 | +15.2% |
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 3 October 2026 via checked.be.