STUDIO BEAU ELLE: 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 BEAU ELLE
Largest movements
- Stocks and contracts +€27,118
up €27,118 (+49.8%), from €54,493 to €81,611
- Tangible fixed assets -€22,361
down €22,361 (-13.5%), from €166,042 to €143,681
of which Furniture and vehicles: -€12,369
- Receivables within one year -€18,054
down €18,054 (-31.2%), from €57,787 to €39,733
of which Other amounts receivable: -€18,708
- Cash +€5,313
up €5,313 (+17.5%), from €30,422 to €35,735
mainly Receivables within one year (+€18,054) and Depreciation (+€16,270)
- Debts after one year -€12,365
down €12,365 (-10.2%), from €121,164 to €108,799
- Trade debts -€5,197
down €5,197 (-47.2%), from €11,019 to €5,822
- Other operating charges +€10,457
up €10,457 (+439%), from €2,380 to €12,837
- Depreciation -€8,387
down €8,387 (-34.0%), from €24,657 to €16,270
- Gross operating margin -€3,316
down €3,316 (-6.8%), from €48,734 to €45,418
- Staff costs -€725
down €725 (-6.3%), from €11,534 to €10,809
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 | €313,137 | €302,047 | -€11,090 | -3.5% |
| Fixed assets | 21/28 | €166,042 | €143,681 | -€22,361 | -13.5% |
| Tangible fixed assets | 22/27 | €166,042 | €143,681 | -€22,361 | -13.5% |
| Land and buildings | 22 | €104,595 | €96,092 | -€8,503 | -8.1% |
| Furniture and vehicles | 24 | €21,556 | €9,187 | -€12,369 | -57.4% |
| Other tangible fixed assets | 26 | €39,892 | €38,402 | -€1,490 | -3.7% |
| Current assets | 29/58 | €147,095 | €158,366 | +€11,271 | +7.7% |
| Stocks and contracts in progress | 3 | €54,493 | €81,611 | +€27,118 | +49.8% |
| Stocks | 30/36 | €54,493 | €81,611 | +€27,118 | +49.8% |
| Amounts receivable within one year | 40/41 | €57,787 | €39,733 | -€18,054 | -31.2% |
| Trade receivables | 40 | €19,531 | €20,185 | +€654 | +3.3% |
| Other amounts receivable | 41 | €38,256 | €19,548 | -€18,708 | -48.9% |
| Cash at bank and in hand | 54/58 | €30,422 | €35,735 | +€5,313 | +17.5% |
| Deferred charges and accrued income | 490/1 | €4,393 | €1,287 | -€3,105 | -70.7% |
| Total equity and liabilities | 10/49 | €313,137 | €302,047 | -€11,090 | -3.5% |
| Equity | 10/15 | €144,917 | €145,733 | +€817 | +0.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €142,917 | €143,733 | +€817 | +0.6% |
| Distributable reserves | 133 | €142,917 | €143,733 | +€817 | +0.6% |
| Amounts payable | 17/49 | €168,221 | €156,314 | -€11,906 | -7.1% |
| Amounts payable after more than one year | 17 | €121,164 | €108,799 | -€12,365 | -10.2% |
| Financial debts | 170/4 | €121,164 | €108,799 | -€12,365 | -10.2% |
| Amounts payable within one year | 42/48 | €47,057 | €47,515 | +€458 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €11,979 | €12,365 | +€386 | +3.2% |
| Trade debts | 44 | €11,019 | €5,822 | -€5,197 | -47.2% |
| Suppliers | 440/4 | €11,019 | €5,822 | -€5,197 | -47.2% |
| Taxes, remuneration and social security | 45 | €7,671 | €10,499 | +€2,828 | +36.9% |
| Taxes | 450/3 | €7,671 | €10,499 | +€2,828 | +36.9% |
| Other amounts payable | 47/48 | €16,387 | €18,829 | +€2,441 | +14.9% |
| Remuneration, social security and pensions | 62 | €11,534 | €10,809 | -€725 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,657 | €16,270 | -€8,387 | -34.0% |
| Other operating charges | 640/8 | €2,380 | €12,837 | +€10,457 | +439% |
| Gross operating margin | 9900 | €48,734 | €45,418 | -€3,316 | -6.8% |
| Operating profit (loss) | 9901 | €10,163 | €5,502 | -€4,661 | -45.9% |
| Financial income | 75/76B | €4,770 | €4,713 | -€57 | -1.2% |
| Recurring financial income | 75 | €4,770 | €4,713 | -€57 | -1.2% |
| Financial charges | 65/66B | €6,036 | €5,945 | -€91 | -1.5% |
| Recurring financial charges | 65 | €6,036 | €5,945 | -€91 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €8,897 | €4,270 | -€4,626 | -52.0% |
| Income taxes | 67/77 | €3,277 | €3,454 | +€177 | +5.4% |
| Profit (loss) for the period | 9904 | €5,620 | €817 | -€4,803 | -85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,620 | €817 | -€4,803 | -85.5% |
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 1 November 2026 via checked.be.