STUDIO BUSS: 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 BUSS
Largest movements
- Tangible fixed assets +€252,704
up €252,704 (+2,695%), from €9,377 to €262,081
of which Land and buildings: +€236,552
- Cash -€20,815
down €20,815 (-78.5%), from €26,509 to €5,694
mainly Investment in fixed assets (net) (-€260,606) and Net result for the year (-€12,419)
- Debts after one year +€147,683
new in 2025: €147,683
- Other debts +€93,563
up €93,563 (+5,240%), from €1,786 to €95,349
- Profit (loss) carried forward -€12,419
new in 2025: -€12,419
- Gross operating margin -€10,076
down €10,076 (-83.7%), from €12,032 to €1,956
- Depreciation +€6,031
up €6,031 (+234%), from €2,580 to €8,612
- Financial charges +€4,058
up €4,058 (+2,249%), from €180 to €4,239
- Taxes -€2,771
no longer reported in 2025 (was €2,771)
- Other operating charges +€883
up €883 (+137%), from €643 to €1,526
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 | €40,463 | €270,991 | +€230,528 | +570% |
| Fixed assets | 21/28 | €12,795 | €264,789 | +€251,994 | +1,970% |
| Intangible fixed assets | 21 | €3,418 | €2,658 | -€760 | -22.2% |
| Tangible fixed assets | 22/27 | €9,377 | €262,081 | +€252,704 | +2,695% |
| Land and buildings | 22 | - | €236,552 | +€236,552 | |
| Furniture and vehicles | 24 | €9,377 | €7,303 | -€2,074 | -22.1% |
| Other tangible fixed assets | 26 | - | €18,226 | +€18,226 | |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €27,668 | €6,202 | -€21,466 | -77.6% |
| Cash at bank and in hand | 54/58 | €26,509 | €5,694 | -€20,815 | -78.5% |
| Deferred charges and accrued income | 490/1 | €1,159 | €508 | -€651 | -56.2% |
| Total equity and liabilities | 10/49 | €40,463 | €270,991 | +€230,528 | +570% |
| Equity | 10/15 | €32,239 | €19,819 | -€12,419 | -38.5% |
| Contributions | 10/11 | €8,746 | €8,746 | = | 0.0% |
| Reserves | 13 | €23,493 | €23,493 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €21,493 | €21,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,419 | -€12,419 | |
| Amounts payable | 17/49 | €8,224 | €251,172 | +€242,948 | +2,954% |
| Amounts payable after more than one year | 17 | - | €147,683 | +€147,683 | |
| Financial debts | 170/4 | - | €147,683 | +€147,683 | |
| Amounts payable within one year | 42/48 | €8,224 | €102,692 | +€94,468 | +1,149% |
| Current portion of amounts payable after more than one year | 42 | - | €2,317 | +€2,317 | |
| Trade debts | 44 | €859 | €485 | -€374 | -43.6% |
| Suppliers | 440/4 | €859 | €485 | -€374 | -43.6% |
| Taxes, remuneration and social security | 45 | €5,579 | €4,541 | -€1,038 | -18.6% |
| Taxes | 450/3 | €5,579 | €4,541 | -€1,038 | -18.6% |
| Other amounts payable | 47/48 | €1,786 | €95,349 | +€93,563 | +5,240% |
| Accrued charges and deferred income | 492/3 | - | €796 | +€796 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,580 | €8,612 | +€6,031 | +234% |
| Other operating charges | 640/8 | €643 | €1,526 | +€883 | +137% |
| Gross operating margin | 9900 | €12,032 | €1,956 | -€10,076 | -83.7% |
| Operating profit (loss) | 9901 | €8,809 | -€8,181 | -€16,990 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +103% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +103% |
| Financial charges | 65/66B | €180 | €4,239 | +€4,058 | +2,249% |
| Recurring financial charges | 65 | €180 | €4,239 | +€4,058 | +2,249% |
| Profit (loss) for the period before taxes | 9903 | €8,628 | -€12,419 | -€21,048 | |
| Income taxes | 67/77 | €2,771 | - | -€2,771 | |
| Profit (loss) for the period | 9904 | €5,858 | -€12,419 | -€18,277 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,858 | -€12,419 | -€18,277 |
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 14 October 2026 via checked.be.