Studio C Leuze: 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 C Leuze
Largest movements
- Cash +€56,383
up €56,383 (+60.6%), from €92,971 to €149,354
mainly Net result for the year (+€27,071) and Depreciation (+€17,257)
- Tangible fixed assets -€14,540
down €14,540 (-17.9%), from €81,350 to €66,810
- Receivables within one year +€10,435
up €10,435 (+227%), from €4,591 to €15,026
- Deferred charges and accrued income -€4,216
no longer reported in 2025 (was €4,216)
- Tax, wage and social debts +€16,950
up €16,950 (+496%), from €3,414 to €20,365
of which Taxes: +€15,750
- Other debts +€10,781
up €10,781 (+9.3%), from €116,208 to €126,990
- Reserves +€10,000
up €10,000 (+27.6%), from €36,200 to €46,200
of which Distributable reserves: +€10,000
- Profit (loss) carried forward +€7,071
up €7,071 (+18.7%), from €37,768 to €44,839
- Taxes +€6,461
up €6,461 (+89.0%), from €7,259 to €13,719
- Gross operating margin +€3,573
up €3,573 (+6.5%), from €54,660 to €58,233
- Depreciation +€1,649
up €1,649 (+10.6%), from €15,608 to €17,257
- Other operating charges +€904
up €904 (+329%), from €275 to €1,179
- Financial charges -€879
down €879 (-75.8%), from €1,159 to €280
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 | €259,452 | €306,214 | +€46,763 | +18.0% |
| Fixed assets | 21/28 | €81,350 | €66,810 | -€14,540 | -17.9% |
| Tangible fixed assets | 22/27 | €81,350 | €66,810 | -€14,540 | -17.9% |
| Land and buildings | 22 | €13,741 | €11,896 | -€1,845 | -13.4% |
| Plant, machinery and equipment | 23 | €19,790 | €15,201 | -€4,589 | -23.2% |
| Furniture and vehicles | 24 | €30,289 | €24,105 | -€6,184 | -20.4% |
| Other tangible fixed assets | 26 | €17,530 | €15,608 | -€1,922 | -11.0% |
| Current assets | 29/58 | €178,102 | €239,404 | +€61,302 | +34.4% |
| Stocks and contracts in progress | 3 | €76,324 | €75,024 | -€1,300 | -1.7% |
| Stocks | 30/36 | €76,324 | €75,024 | -€1,300 | -1.7% |
| Amounts receivable within one year | 40/41 | €4,591 | €15,026 | +€10,435 | +227% |
| Trade receivables | 40 | €4,591 | €15,026 | +€10,435 | +227% |
| Cash at bank and in hand | 54/58 | €92,971 | €149,354 | +€56,383 | +60.6% |
| Deferred charges and accrued income | 490/1 | €4,216 | - | -€4,216 | |
| Total equity and liabilities | 10/49 | €259,452 | €306,214 | +€46,763 | +18.0% |
| Equity | 10/15 | €135,968 | €153,039 | +€17,071 | +12.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €36,200 | €46,200 | +€10,000 | +27.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Profit (loss) carried forward | 14 | €37,768 | €44,839 | +€7,071 | +18.7% |
| Amounts payable | 17/49 | €123,483 | €153,175 | +€29,692 | +24.0% |
| Amounts payable within one year | 42/48 | €123,483 | €153,175 | +€29,692 | +24.0% |
| Trade debts | 44 | €3,860 | €5,821 | +€1,960 | +50.8% |
| Suppliers | 440/4 | €3,860 | €5,821 | +€1,960 | +50.8% |
| Taxes, remuneration and social security | 45 | €3,414 | €20,365 | +€16,950 | +496% |
| Taxes | 450/3 | €1,014 | €16,765 | +€15,750 | +1,553% |
| Remuneration and social security | 454/9 | €2,400 | €3,600 | +€1,200 | +50.0% |
| Other amounts payable | 47/48 | €116,208 | €126,990 | +€10,781 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,608 | €17,257 | +€1,649 | +10.6% |
| Other operating charges | 640/8 | €275 | €1,179 | +€904 | +329% |
| Gross operating margin | 9900 | €54,660 | €58,233 | +€3,573 | +6.5% |
| Operating profit (loss) | 9901 | €38,777 | €39,797 | +€1,020 | +2.6% |
| Financial income | 75/76B | €1,244 | €1,273 | +€29 | +2.3% |
| Recurring financial income | 75 | €1,244 | €1,273 | +€29 | +2.3% |
| Financial charges | 65/66B | €1,159 | €280 | -€879 | -75.8% |
| Recurring financial charges | 65 | €1,159 | €280 | -€879 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €38,862 | €40,790 | +€1,927 | +5.0% |
| Income taxes | 67/77 | €7,259 | €13,719 | +€6,461 | +89.0% |
| Profit (loss) for the period | 9904 | €31,604 | €27,071 | -€4,533 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,604 | €27,071 | -€4,533 | -14.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.