STUDIO B1: 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 B1
Largest movements
- Receivables within one year -€2,947
down €2,947 (-29.5%), from €9,992 to €7,045
of which Trade receivables: -€4,878
- Tangible fixed assets -€1,463
down €1,463 (-54.5%), from €2,685 to €1,222
- Cash -€1,095
down €1,095 (-16.7%), from €6,573 to €5,478
mainly Trade debts (-€4,678) and Other debts (-€2,017)
- Deferred charges and accrued income -€1,081
down €1,081 (-65.1%), from €1,660 to €579
- Trade debts -€4,678
down €4,678 (-82.8%), from €5,648 to €970
- Other debts -€2,017
no longer reported in 2025 (was €2,017)
- Profit (loss) carried forward +€243
up €243 (+1.3%), from -€18,514 to -€18,272
- Gross operating margin -€6,167
down €6,167 (-59.2%), from €10,419 to €4,252
- Taxes -€1,762
down €1,762 (-58.2%), from €3,029 to €1,267
- Other operating charges -€411
down €411 (-34.0%), from €1,208 to €797
- Depreciation +€281
up €281 (+23.8%), from €1,183 to €1,463
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 | €20,911 | €14,324 | -€6,587 | -31.5% |
| Fixed assets | 21/28 | €2,685 | €1,222 | -€1,463 | -54.5% |
| Tangible fixed assets | 22/27 | €2,685 | €1,222 | -€1,463 | -54.5% |
| Furniture and vehicles | 24 | €2,685 | €1,222 | -€1,463 | -54.5% |
| Current assets | 29/58 | €18,226 | €13,102 | -€5,124 | -28.1% |
| Amounts receivable within one year | 40/41 | €9,992 | €7,045 | -€2,947 | -29.5% |
| Trade receivables | 40 | €9,793 | €4,915 | -€4,878 | -49.8% |
| Other amounts receivable | 41 | €199 | €2,130 | +€1,931 | +969.8% |
| Cash at bank and in hand | 54/58 | €6,573 | €5,478 | -€1,095 | -16.7% |
| Deferred charges and accrued income | 490/1 | €1,660 | €579 | -€1,081 | -65.1% |
| Total equity and liabilities | 10/49 | €20,911 | €14,324 | -€6,587 | -31.5% |
| Equity | 10/15 | €4,669 | €4,911 | +€243 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,983 | €16,983 | = | 0.0% |
| Distributable reserves | 133 | €16,983 | €16,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,514 | -€18,272 | +€243 | +1.3% |
| Amounts payable | 17/49 | €16,243 | €9,412 | -€6,830 | -42.1% |
| Amounts payable within one year | 42/48 | €14,720 | €8,033 | -€6,687 | -45.4% |
| Trade debts | 44 | €5,648 | €970 | -€4,678 | -82.8% |
| Suppliers | 440/4 | €5,648 | €970 | -€4,678 | -82.8% |
| Taxes, remuneration and social security | 45 | €7,055 | €7,063 | +€8 | +0.1% |
| Taxes | 450/3 | €7,055 | €7,063 | +€8 | +0.1% |
| Other amounts payable | 47/48 | €2,017 | - | -€2,017 | |
| Accrued charges and deferred income | 492/3 | €1,523 | €1,380 | -€143 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,183 | €1,463 | +€281 | +23.8% |
| Other operating charges | 640/8 | €1,208 | €797 | -€411 | -34.0% |
| Gross operating margin | 9900 | €10,419 | €4,252 | -€6,167 | -59.2% |
| Operating profit (loss) | 9901 | €8,028 | €1,991 | -€6,037 | -75.2% |
| Financial income | 75/76B | €82 | €27 | -€56 | -67.7% |
| Recurring financial income | 75 | €82 | €27 | -€56 | -67.7% |
| Financial charges | 65/66B | €436 | €508 | +€72 | +16.5% |
| Recurring financial charges | 65 | €436 | €508 | +€72 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €7,675 | €1,510 | -€6,165 | -80.3% |
| Income taxes | 67/77 | €3,029 | €1,267 | -€1,762 | -58.2% |
| Profit (loss) for the period | 9904 | €4,646 | €243 | -€4,403 | -94.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,646 | €243 | -€4,403 | -94.8% |
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 12 October 2026 via checked.be.