Studio Contentment: what changed
Two fiscal 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 Contentment
Largest movements
- Tangible fixed assets -€11,960
down €11,960 (-6.4%), from €188,112 to €176,152
- Receivables within one year +€4,294
up €4,294 (+51.6%), from €8,322 to €12,616
- Cash -€2,559
down €2,559 (-83.9%), from €3,051 to €492
mainly Debts after one year (-€13,661) and Receivables within one year (-€4,294)
- Debts after one year -€13,661
down €13,661 (-7.9%), from €172,630 to €158,969
of which Financial debts: -€13,548
- Reserves +€2,677
up €2,677 (+72.9%), from €3,674 to €6,351
- Tax, wage and social debts +€2,508
up €2,508 (+52.3%), from €4,792 to €7,300
- Trade debts -€2,087
down €2,087 (-56.1%), from €3,718 to €1,632
- Gross operating margin +€1,501
up €1,501 (+7.5%), from €19,934 to €21,435
- Taxes +€579
up €579 (+125.9%), from €460 to €1,039
- Financial charges -€214
down €214 (-7.5%), from €2,857 to €2,642
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 | €200,710 | €190,081 | -€10,629 | -5.3% |
| Formation expenses | 20 | €930 | - | -€930 | |
| Fixed assets | 21/28 | €188,112 | €176,152 | -€11,960 | -6.4% |
| Tangible fixed assets | 22/27 | €188,112 | €176,152 | -€11,960 | -6.4% |
| Land and buildings | 22 | €188,112 | €176,152 | -€11,960 | -6.4% |
| Current assets | 29/58 | €11,668 | €13,929 | +€2,261 | +19.4% |
| Amounts receivable within one year | 40/41 | €8,322 | €12,616 | +€4,294 | +51.6% |
| Trade receivables | 40 | €8,322 | €12,616 | +€4,294 | +51.6% |
| Cash at bank and in hand | 54/58 | €3,051 | €492 | -€2,559 | -83.9% |
| Deferred charges and accrued income | 490/1 | €295 | €821 | +€527 | +178.9% |
| Total equity and liabilities | 10/49 | €200,710 | €190,081 | -€10,629 | -5.3% |
| Equity | 10/15 | €5,674 | €8,351 | +€2,677 | +47.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,674 | €6,351 | +€2,677 | +72.9% |
| Distributable reserves | 133 | €3,674 | €6,351 | +€2,677 | +72.9% |
| Amounts payable | 17/49 | €195,037 | €181,730 | -€13,306 | -6.8% |
| Amounts payable after more than one year | 17 | €172,630 | €158,969 | -€13,661 | -7.9% |
| Financial debts | 170/4 | €142,125 | €128,577 | -€13,548 | -9.5% |
| Other amounts payable | 178/9 | €30,505 | €30,392 | -€113 | -0.4% |
| Amounts payable within one year | 42/48 | €22,407 | €22,761 | +€354 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €13,326 | €13,548 | +€222 | +1.7% |
| Financial debts | 43 | €570 | €282 | -€288 | -50.6% |
| Credit institutions | 430/8 | €570 | €282 | -€288 | -50.6% |
| Trade debts | 44 | €3,718 | €1,632 | -€2,087 | -56.1% |
| Suppliers | 440/4 | €3,718 | €1,632 | -€2,087 | -56.1% |
| Taxes, remuneration and social security | 45 | €4,792 | €7,300 | +€2,508 | +52.3% |
| Taxes | 450/3 | €4,792 | €7,300 | +€2,508 | +52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,023 | €12,890 | -€133 | -1.0% |
| Other operating charges | 640/8 | €2,121 | €2,186 | +€65 | +3.1% |
| Gross operating margin | 9900 | €19,934 | €21,435 | +€1,501 | +7.5% |
| Operating profit (loss) | 9901 | €4,790 | €6,358 | +€1,569 | +32.7% |
| Financial charges | 65/66B | €2,857 | €2,642 | -€214 | -7.5% |
| Recurring financial charges | 65 | €2,857 | €2,642 | -€214 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €1,933 | €3,716 | +€1,783 | +92.2% |
| Income taxes | 67/77 | €460 | €1,039 | +€579 | +125.9% |
| Profit (loss) for the period | 9904 | €1,473 | €2,677 | +€1,204 | +81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,473 | €2,677 | +€1,204 | +81.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.