STUDIO B.S.B.: 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 B.S.B.
Largest movements
- Tangible fixed assets +€9,174
up €9,174 (+1,308%), from €701 to €9,875
- Cash +€3,377
up €3,377 (+732%), from €461 to €3,839
mainly Debts after one year (+€15,278) and Depreciation (+€3,225)
- Stocks and contracts +€1,535
new in 2025: €1,535
- Debts after one year +€15,278
up €15,278 (+17.3%), from €88,493 to €103,771
- Advances received -€1,678
down €1,678 (-22.4%), from €7,500 to €5,822
- Profit (loss) carried forward +€345
up €345 (+0.3%), from -€122,893 to -€122,547
- Trade debts +€234
up €234 (+7.4%), from €3,150 to €3,384
- Gross operating margin +€14,256
up €14,256, from -€10,240 to €4,016
- Depreciation +€2,859
up €2,859 (+781%), from €366 to €3,225
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 | €4,105 | €18,282 | +€14,177 | +345% |
| Fixed assets | 21/28 | €809 | €9,983 | +€9,174 | +1,133% |
| Tangible fixed assets | 22/27 | €701 | €9,875 | +€9,174 | +1,308% |
| Plant, machinery and equipment | 23 | €701 | €9,875 | +€9,174 | +1,308% |
| Financial fixed assets | 28 | €108 | €108 | = | 0.0% |
| Current assets | 29/58 | €3,295 | €8,299 | +€5,003 | +152% |
| Stocks and contracts in progress | 3 | - | €1,535 | +€1,535 | |
| Contracts in progress | 37 | - | €1,535 | +€1,535 | |
| Amounts receivable within one year | 40/41 | €2,829 | €2,920 | +€91 | +3.2% |
| Trade receivables | 40 | €2,829 | €2,920 | +€91 | +3.2% |
| Current investments | 50/53 | €5 | €5 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €461 | €3,839 | +€3,377 | +732% |
| Total equity and liabilities | 10/49 | €4,105 | €18,282 | +€14,177 | +345% |
| Equity | 10/15 | -€95,624 | -€95,279 | +€345 | +0.4% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,893 | -€122,547 | +€345 | +0.3% |
| Amounts payable | 17/49 | €99,729 | €113,561 | +€13,832 | +13.9% |
| Amounts payable after more than one year | 17 | €88,493 | €103,771 | +€15,278 | +17.3% |
| Other amounts payable | 178/9 | €88,493 | €103,771 | +€15,278 | +17.3% |
| Amounts payable within one year | 42/48 | €11,236 | €9,789 | -€1,447 | -12.9% |
| Trade debts | 44 | €3,150 | €3,384 | +€234 | +7.4% |
| Suppliers | 440/4 | €3,150 | €3,384 | +€234 | +7.4% |
| Advances received on contracts in progress | 46 | €7,500 | €5,822 | -€1,678 | -22.4% |
| Taxes, remuneration and social security | 45 | €586 | €584 | -€3 | -0.5% |
| Taxes | 450/3 | €586 | €584 | -€3 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | €3,225 | +€2,859 | +781% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€10,240 | €4,016 | +€14,256 | |
| Operating profit (loss) | 9901 | -€10,993 | €392 | +€11,385 | |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | - | €46 | +€46 | |
| Recurring financial charges | 65 | - | €46 | +€46 | |
| Profit (loss) for the period before taxes | 9903 | -€10,963 | €345 | +€11,308 | |
| Profit (loss) for the period | 9904 | -€10,963 | €345 | +€11,308 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,963 | €345 | +€11,308 |
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 15 October 2026 via checked.be.