Studio Basart: 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 Basart
Largest movements
- Receivables within one year -€34,377
down €34,377 (-62.8%), from €54,705 to €20,328
of which Trade receivables: -€18,564
- Cash +€29,260
up €29,260 (+415.6%), from €7,040 to €36,300
mainly Receivables within one year (+€34,377) and Trade debts (+€2,549)
- Deferred charges and accrued income -€1,437
down €1,437 (-79.4%), from €1,809 to €372
- Accrued charges and deferred income -€7,981
no longer reported in 2025 (was €7,981)
- Other debts -€3,910
no longer reported in 2025 (was €3,910)
- Trade debts +€2,549
up €2,549 (+151.8%), from €1,679 to €4,228
- Reserves +€1,750
up €1,750 (+3.9%), from €44,900 to €46,650
- Gross operating margin -€1,151
down €1,151 (-15.0%), from €7,667 to €6,516
- Financial income -€832
no longer reported in 2025 (was €832)
- Financial charges +€433
up €433 (+1691.5%), from €26 to €459
- Depreciation +€319
up €319 (+31.6%), from €1,009 to €1,328
- Taxes -€313
down €313 (-11.4%), from €2,738 to €2,425
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 | €70,236 | €63,285 | -€6,951 | -9.9% |
| Fixed assets | 21/28 | €6,682 | €6,285 | -€397 | -5.9% |
| Tangible fixed assets | 22/27 | €6,682 | €6,285 | -€397 | -5.9% |
| Plant, machinery and equipment | 23 | €5,383 | - | -€5,383 | |
| Furniture and vehicles | 24 | €1,298 | €601 | -€697 | -53.7% |
| Other tangible fixed assets | 26 | - | €5,684 | +€5,684 | |
| Current assets | 29/58 | €63,555 | €57,000 | -€6,554 | -10.3% |
| Amounts receivable within one year | 40/41 | €54,705 | €20,328 | -€34,377 | -62.8% |
| Trade receivables | 40 | €38,892 | €20,328 | -€18,564 | -47.7% |
| Other amounts receivable | 41 | €15,813 | - | -€15,813 | |
| Cash at bank and in hand | 54/58 | €7,040 | €36,300 | +€29,260 | +415.6% |
| Deferred charges and accrued income | 490/1 | €1,809 | €372 | -€1,437 | -79.4% |
| Total equity and liabilities | 10/49 | €70,236 | €63,285 | -€6,951 | -9.9% |
| Equity | 10/15 | €47,917 | €49,702 | +€1,785 | +3.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €44,900 | €46,650 | +€1,750 | +3.9% |
| Distributable reserves | 133 | €44,900 | €46,650 | +€1,750 | +3.9% |
| Profit (loss) carried forward | 14 | €17 | €52 | +€35 | +200.5% |
| Amounts payable | 17/49 | €22,319 | €13,583 | -€8,736 | -39.1% |
| Amounts payable within one year | 42/48 | €14,338 | €13,583 | -€755 | -5.3% |
| Trade debts | 44 | €1,679 | €4,228 | +€2,549 | +151.8% |
| Suppliers | 440/4 | €1,679 | €4,228 | +€2,549 | +151.8% |
| Taxes, remuneration and social security | 45 | €8,749 | €9,355 | +€606 | +6.9% |
| Taxes | 450/3 | €8,749 | €9,355 | +€606 | +6.9% |
| Other amounts payable | 47/48 | €3,910 | - | -€3,910 | |
| Accrued charges and deferred income | 492/3 | €7,981 | - | -€7,981 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,009 | €1,328 | +€319 | +31.6% |
| Other operating charges | 640/8 | €817 | €520 | -€297 | -36.4% |
| Gross operating margin | 9900 | €7,667 | €6,516 | -€1,151 | -15.0% |
| Operating profit (loss) | 9901 | €5,842 | €4,669 | -€1,173 | -20.1% |
| Financial income | 75/76B | €832 | - | -€832 | |
| Recurring financial income | 75 | €832 | - | -€832 | |
| Financial charges | 65/66B | €26 | €459 | +€433 | +1691.5% |
| Recurring financial charges | 65 | €26 | €459 | +€433 | +1691.5% |
| Profit (loss) for the period before taxes | 9903 | €6,648 | €4,210 | -€2,438 | -36.7% |
| Income taxes | 67/77 | €2,738 | €2,425 | -€313 | -11.4% |
| Profit (loss) for the period | 9904 | €3,910 | €1,785 | -€2,125 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,910 | €1,785 | -€2,125 | -54.3% |
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 11 October 2026 via checked.be.