Studio Baksteen: 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 Baksteen
Largest movements
- Deferred charges and accrued income -€382,468
down €382,468 (-96.2%), from €397,516 to €15,047
- Stocks and contracts -€171,858
down €171,858 (-19.9%), from €863,765 to €691,906
- Other debts -€549,715
down €549,715 (-81.3%), from €676,375 to €126,660
- Trade debts -€236,000
no longer reported in 2025 (was €236,000)
- Reserves +€180,383
up €180,383 (+82.4%), from €218,964 to €399,346
- Tax, wage and social debts +€43,032
up €43,032 (+47.7%), from €90,154 to €133,186
- Turnover -€1.1m
no longer reported in 2025 (was €1.1m)
- Purchases and services -€936,257
no longer reported in 2025 (was €936,257)
- Gross operating margin +€69,082
up €69,082 (+35.0%), from €197,142 to €266,224
- Taxes +€22,278
up €22,278 (+40.2%), from €55,454 to €77,732
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 | €1,296,550 | €733,217 | -€563,333 | -43.4% |
| Fixed assets | 21/28 | €32,648 | €24,650 | -€7,998 | -24.5% |
| Tangible fixed assets | 22/27 | €32,648 | €24,650 | -€7,998 | -24.5% |
| Furniture and vehicles | 24 | €32,648 | €24,650 | -€7,998 | -24.5% |
| Current assets | 29/58 | €1,263,902 | €708,567 | -€555,335 | -43.9% |
| Stocks and contracts in progress | 3 | €863,765 | €691,906 | -€171,858 | -19.9% |
| Stocks | 30/36 | €863,765 | €691,906 | -€171,858 | -19.9% |
| Amounts receivable within one year | 40/41 | - | €216 | +€216 | |
| Trade receivables | 40 | - | €216 | +€216 | |
| Cash at bank and in hand | 54/58 | €2,622 | €1,398 | -€1,224 | -46.7% |
| Deferred charges and accrued income | 490/1 | €397,516 | €15,047 | -€382,468 | -96.2% |
| Total equity and liabilities | 10/49 | €1,296,550 | €733,217 | -€563,333 | -43.4% |
| Equity | 10/15 | €292,964 | €473,346 | +€180,383 | +61.6% |
| Contributions | 10/11 | €74,000 | €74,000 | = | 0.0% |
| Reserves | 13 | €218,964 | €399,346 | +€180,383 | +82.4% |
| Distributable reserves | 133 | €218,964 | €399,346 | +€180,383 | +82.4% |
| Amounts payable | 17/49 | €1,003,586 | €259,871 | -€743,715 | -74.1% |
| Amounts payable within one year | 42/48 | €1,002,529 | €259,846 | -€742,683 | -74.1% |
| Trade debts | 44 | €236,000 | - | -€236,000 | |
| Suppliers | 440/4 | €236,000 | - | -€236,000 | |
| Taxes, remuneration and social security | 45 | €90,154 | €133,186 | +€43,032 | +47.7% |
| Taxes | 450/3 | €90,154 | €133,186 | +€43,032 | +47.7% |
| Other amounts payable | 47/48 | €676,375 | €126,660 | -€549,715 | -81.3% |
| Accrued charges and deferred income | 492/3 | €1,057 | €25 | -€1,032 | -97.7% |
| Turnover | 70 | €1,124,481 | - | -€1.1m | |
| Goods, raw materials, services and sundry goods | 60/61 | €936,257 | - | -€936,257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,342 | €7,998 | +€656 | +8.9% |
| Other operating charges | 640/8 | €271 | €112 | -€159 | -58.7% |
| Gross operating margin | 9900 | €197,142 | €266,224 | +€69,082 | +35.0% |
| Operating profit (loss) | 9901 | €189,529 | €258,114 | +€68,586 | +36.2% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €1,538 | - | -€1,538 | |
| Recurring financial charges | 65 | €1,538 | - | -€1,538 | |
| Profit (loss) for the period before taxes | 9903 | €188,007 | €258,114 | +€70,108 | +37.3% |
| Income taxes | 67/77 | €55,454 | €77,732 | +€22,278 | +40.2% |
| Profit (loss) for the period | 9904 | €132,552 | €180,383 | +€47,830 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €132,552 | €180,383 | +€47,830 | +36.1% |
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 20 October 2026 via checked.be.