Studio Belize: what changed
What changed
Studio Belize
NACE 47.742, Retail sale of prescription glasses, lenses and sunglasses
filed annual accounts (NBB)
Net result for the year
-€5,338
2024 · -€20,063+€14,725
Equity
€30,419
2024 · €35,757-€5,338
Cash
€269
2024 · €45+€224
Balance sheet total
€46,413
2024 · €48,380-€1,967
Largest movements
Assets
- Tangible fixed assets -€1,416
down €1,416 (-81.9%), from €1,730 to €313
of which Plant, machinery and equipment: -€1,416
- Receivables within one year -€575
down €575 (-1.3%), from €45,222 to €44,647
of which Other amounts receivable: -€575
Equity and liabilities
- Profit (loss) carried forward -€5,338
down €5,338 (-34.9%), from €15,297 to €9,959
- Trade debts +€3,118
up €3,118 (+42.2%), from €7,387 to €10,505
Income statement
- Staff costs -€14,731
down €14,731 (-100%), from €14,731 to €0
- Gross operating margin -€11,180
down €11,180, from €8,508 to -€2,673
- Financial charges -€11,152
down €11,152 (-96.7%), from €11,528 to €375
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€20,063
Gross operating margin
-€11,180
Staff costs
+€14,731
Depreciation
+€58
Other operating charges
-€5
Financial charges
+€11,152
Taxes
-€30
Result 2025
-€5,338
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€224
Investment
€0
Financing
€0
Cash 2024
€45
From operations (derived)
+€224
Net result for the year
-€5,338
Depreciation
+€1,616
Receivables within one year
+€575
Trade debts
+€3,118
Tax, wage and social debts
+€253
Cash 2025
€269
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,380 | €46,413 | -€1,967 | -4.1% |
| Fixed assets | 21/28 | €3,113 | €1,497 | -€1,616 | -51.9% |
| Intangible fixed assets | 21 | €1,213 | €1,014 | -€200 | -16.4% |
| Tangible fixed assets | 22/27 | €1,730 | €313 | -€1,416 | -81.9% |
| Plant, machinery and equipment | 23 | €1,730 | €313 | -€1,416 | -81.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €45,267 | €44,916 | -€351 | -0.8% |
| Amounts receivable within one year | 40/41 | €45,222 | €44,647 | -€575 | -1.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €45,222 | €44,647 | -€575 | -1.3% |
| Cash at bank and in hand | 54/58 | €45 | €269 | +€224 | +492% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €48,380 | €46,413 | -€1,967 | -4.1% |
| Equity | 10/15 | €35,757 | €30,419 | -€5,338 | -14.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,297 | €9,959 | -€5,338 | -34.9% |
| Amounts payable | 17/49 | €12,624 | €15,994 | +€3,370 | +26.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €12,624 | €15,994 | +€3,370 | +26.7% |
| Trade debts | 44 | €7,387 | €10,505 | +€3,118 | +42.2% |
| Suppliers | 440/4 | €7,387 | €10,505 | +€3,118 | +42.2% |
| Advances received on contracts in progress | 46 | €2,682 | €2,682 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,554 | €2,807 | +€253 | +9.9% |
| Taxes | 450/3 | €2,554 | €2,807 | +€253 | +9.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €5,892 | €0 | -€5,892 | -100% |
| Remuneration, social security and pensions | 62 | €14,731 | €0 | -€14,731 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,674 | €1,616 | -€58 | -3.4% |
| Other operating charges | 640/8 | €639 | €644 | +€5 | +0.7% |
| Gross operating margin | 9900 | €8,508 | -€2,673 | -€11,180 | |
| Operating profit (loss) | 9901 | -€8,536 | -€4,933 | +€3,603 | +42.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,528 | €375 | -€11,152 | -96.7% |
| Recurring financial charges | 65 | €11,528 | €375 | -€11,152 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,063 | -€5,308 | +€14,755 | +73.5% |
| Income taxes | 67/77 | €0 | €30 | +€30 | |
| Profit (loss) for the period | 9904 | -€20,063 | -€5,338 | +€14,725 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,063 | -€5,338 | +€14,725 | +73.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.