Studio Anvers: 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 Anvers
Largest movements
- Stocks and contracts +€6,192
up €6,192 (+132.1%), from €4,688 to €10,880
- Receivables within one year +€4,710
up €4,710 (+413.0%), from €1,140 to €5,850
of which Trade receivables: +€4,918
- Cash +€307
up €307 (+23.5%), from €1,306 to €1,613
mainly Other debts (+€13,200) and Tax, wage and social debts (+€2,634)
- Other debts +€13,200
up €13,200 (+389.1%), from €3,392 to €16,592
- Profit (loss) carried forward -€5,839
down €5,839 (-47.6%), from -€12,268 to -€18,107
- Tax, wage and social debts +€2,634
up €2,634 (+9501.2%), from €28 to €2,661
- Short-term financial debts +€2,079
new in 2025: €2,079
- Trade debts -€1,238
down €1,238 (-49.2%), from €2,514 to €1,276
- Gross operating margin +€5,523
up €5,523 (+51.9%), from -€10,635 to -€5,111
- Other operating charges -€872
down €872 (-76.1%), from €1,146 to €273
- Financial charges -€403
down €403 (-39.9%), from €1,011 to €608
- Financial income -€369
down €369 (-70.6%), from €523 to €153
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 | €7,301 | €18,510 | +€11,208 | +153.5% |
| Current assets | 29/58 | €7,301 | €18,510 | +€11,208 | +153.5% |
| Stocks and contracts in progress | 3 | €4,688 | €10,880 | +€6,192 | +132.1% |
| Stocks | 30/36 | €4,688 | €10,880 | +€6,192 | +132.1% |
| Amounts receivable within one year | 40/41 | €1,140 | €5,850 | +€4,710 | +413.0% |
| Trade receivables | 40 | €905 | €5,823 | +€4,918 | +543.6% |
| Other amounts receivable | 41 | €236 | €27 | -€208 | -88.4% |
| Cash at bank and in hand | 54/58 | €1,306 | €1,613 | +€307 | +23.5% |
| Deferred charges and accrued income | 490/1 | €167 | €167 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €7,301 | €18,510 | +€11,208 | +153.5% |
| Equity | 10/15 | -€9,268 | -€15,107 | -€5,839 | -63.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,268 | -€18,107 | -€5,839 | -47.6% |
| Amounts payable | 17/49 | €16,569 | €33,617 | +€17,047 | +102.9% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,934 | €22,609 | +€16,675 | +281.0% |
| Financial debts | 43 | - | €2,079 | +€2,079 | |
| Credit institutions | 430/8 | - | €2,079 | +€2,079 | |
| Trade debts | 44 | €2,514 | €1,276 | -€1,238 | -49.2% |
| Suppliers | 440/4 | €2,514 | €1,276 | -€1,238 | -49.2% |
| Taxes, remuneration and social security | 45 | €28 | €2,661 | +€2,634 | +9501.2% |
| Taxes | 450/3 | €28 | €2,661 | +€2,634 | +9501.2% |
| Other amounts payable | 47/48 | €3,392 | €16,592 | +€13,200 | +389.1% |
| Accrued charges and deferred income | 492/3 | €636 | €1,008 | +€372 | +58.5% |
| Other operating charges | 640/8 | €1,146 | €273 | -€872 | -76.1% |
| Gross operating margin | 9900 | -€10,635 | -€5,111 | +€5,523 | +51.9% |
| Operating profit (loss) | 9901 | -€11,780 | -€5,385 | +€6,396 | +54.3% |
| Financial income | 75/76B | €523 | €153 | -€369 | -70.6% |
| Recurring financial income | 75 | €523 | €153 | -€369 | -70.6% |
| Financial charges | 65/66B | €1,011 | €608 | -€403 | -39.9% |
| Recurring financial charges | 65 | €1,011 | €608 | -€403 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,268 | -€5,839 | +€6,429 | +52.4% |
| Profit (loss) for the period | 9904 | -€12,268 | -€5,839 | +€6,429 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,268 | -€5,839 | +€6,429 | +52.4% |
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 4 October 2026 via checked.be.