STUDIO ALTO: 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 ALTO
Largest movements
- Cash -€31,349
down €31,349 (-29.6%), from €105,734 to €74,385
mainly Other debts (-€37,466) and Receivables within one year (-€28,519)
- Receivables within one year +€28,519
up €28,519 (+215%), from €13,236 to €41,755
of which Other amounts receivable: +€29,050
- Intangible fixed assets +€4,696
up €4,696 (+743%), from €632 to €5,328
- Tangible fixed assets -€1,795
down €1,795 (-14.7%), from €12,235 to €10,440
of which Furniture and vehicles: -€917
- Financial fixed assets -€1,480
down €1,480 (-62.3%), from €2,376 to €896
- Profit (loss) carried forward +€83,180
new in 2024: €83,180
- Other debts -€37,466
down €37,466 (-68.0%), from €55,113 to €17,647
- Reserves -€35,976
no longer reported in 2024 (was €35,976)
- Tax, wage and social debts -€17,047
no longer reported in 2024 (was €17,047)
- Trade debts +€4,744
up €4,744 (+51.9%), from €9,137 to €13,881
- Financial income -€3,290
down €3,290 (-97.4%), from €3,379 to €89
- Taxes -€2,869
down €2,869 (-11.1%), from €25,950 to €23,081
- Gross operating margin +€1,597
up €1,597 (+1.7%), from €95,992 to €97,589
- Depreciation +€1,225
up €1,225 (+28.5%), from €4,304 to €5,529
From the 2023 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,873 | €133,309 | -€2,564 | -1.9% |
| Fixed assets | 21/28 | €15,243 | €16,664 | +€1,421 | +9.3% |
| Intangible fixed assets | 21 | €632 | €5,328 | +€4,696 | +743% |
| Tangible fixed assets | 22/27 | €12,235 | €10,440 | -€1,795 | -14.7% |
| Plant, machinery and equipment | 23 | €1,623 | €1,401 | -€222 | -13.7% |
| Furniture and vehicles | 24 | €5,331 | €4,414 | -€917 | -17.2% |
| Other tangible fixed assets | 26 | €5,281 | €4,624 | -€657 | -12.4% |
| Financial fixed assets | 28 | €2,376 | €896 | -€1,480 | -62.3% |
| Current assets | 29/58 | €120,630 | €116,644 | -€3,986 | -3.3% |
| Amounts receivable within one year | 40/41 | €13,236 | €41,755 | +€28,519 | +215% |
| Trade receivables | 40 | €12,443 | €11,912 | -€531 | -4.3% |
| Other amounts receivable | 41 | €793 | €29,843 | +€29,050 | +3,663% |
| Cash at bank and in hand | 54/58 | €105,734 | €74,385 | -€31,349 | -29.6% |
| Deferred charges and accrued income | 490/1 | €1,660 | €505 | -€1,155 | -69.6% |
| Total equity and liabilities | 10/49 | €135,873 | €133,309 | -€2,564 | -1.9% |
| Equity | 10/15 | €54,576 | €101,780 | +€47,204 | +86.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,976 | - | -€35,976 | |
| Distributable reserves | 133 | €35,976 | - | -€35,976 | |
| Profit (loss) carried forward | 14 | - | €83,180 | +€83,180 | |
| Amounts payable | 17/49 | €81,297 | €31,529 | -€49,768 | -61.2% |
| Amounts payable within one year | 42/48 | €81,297 | €31,529 | -€49,768 | -61.2% |
| Trade debts | 44 | €9,137 | €13,881 | +€4,744 | +51.9% |
| Suppliers | 440/4 | €9,137 | €13,881 | +€4,744 | +51.9% |
| Taxes, remuneration and social security | 45 | €17,047 | - | -€17,047 | |
| Taxes | 450/3 | €17,047 | - | -€17,047 | |
| Other amounts payable | 47/48 | €55,113 | €17,647 | -€37,466 | -68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,304 | €5,529 | +€1,225 | +28.5% |
| Other operating charges | 640/8 | €2,277 | €3,041 | +€764 | +33.6% |
| Gross operating margin | 9900 | €95,992 | €97,589 | +€1,597 | +1.7% |
| Operating profit (loss) | 9901 | €89,411 | €89,019 | -€392 | -0.4% |
| Financial income | 75/76B | €3,379 | €89 | -€3,290 | -97.4% |
| Recurring financial income | 75 | €3,379 | €89 | -€3,290 | -97.4% |
| Financial charges | 65/66B | €256 | €1,176 | +€920 | +359% |
| Recurring financial charges | 65 | €256 | €1,176 | +€920 | +359% |
| Profit (loss) for the period before taxes | 9903 | €92,534 | €87,932 | -€4,602 | -5.0% |
| Income taxes | 67/77 | €25,950 | €23,081 | -€2,869 | -11.1% |
| Profit (loss) for the period | 9904 | €66,584 | €64,851 | -€1,733 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €66,584 | €64,851 | -€1,733 | -2.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.