STUDIO COOLENS: 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 COOLENS
Largest movements
- Current investments +€248,000
new in 2025: €248,000
- Cash -€42,916
down €42,916 (-9.6%), from €445,758 to €402,842
mainly Current investments (-€248,000) and Accrued charges and deferred income (-€23,136)
- Profit (loss) carried forward +€172,485
up €172,485 (+92.7%), from €186,116 to €358,601
- Reserves +€42,100
up €42,100 (+16.3%), from €258,909 to €301,009
of which Tax-exempt reserves: +€42,100
- Accrued charges and deferred income -€23,136
down €23,136 (-100%), from €23,136 to €0
- Other debts +€17,214
up €17,214 (+331%), from €5,205 to €22,419
- Gross operating margin +€37,216
up €37,216 (+15.2%), from €244,346 to €281,562
- Taxes +€8,541
up €8,541 (+14.9%), from €57,504 to €66,045
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 | €482,085 | €693,280 | +€211,194 | +43.8% |
| Fixed assets | 21/28 | €6,517 | €6,300 | -€217 | -3.3% |
| Tangible fixed assets | 22/27 | €1,417 | €1,200 | -€217 | -15.3% |
| Furniture and vehicles | 24 | €1,417 | €1,200 | -€217 | -15.3% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €475,568 | €686,980 | +€211,412 | +44.5% |
| Amounts receivable within one year | 40/41 | €29,645 | €35,719 | +€6,074 | +20.5% |
| Trade receivables | 40 | €28,319 | €34,276 | +€5,957 | +21.0% |
| Other amounts receivable | 41 | €1,327 | €1,443 | +€117 | +8.8% |
| Current investments | 50/53 | - | €248,000 | +€248,000 | |
| Cash at bank and in hand | 54/58 | €445,758 | €402,842 | -€42,916 | -9.6% |
| Deferred charges and accrued income | 490/1 | €165 | €419 | +€254 | +154% |
| Total equity and liabilities | 10/49 | €482,085 | €693,280 | +€211,194 | +43.8% |
| Equity | 10/15 | €445,525 | €660,110 | +€214,585 | +48.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €258,909 | €301,009 | +€42,100 | +16.3% |
| Tax-exempt reserves | 132 | - | €42,100 | +€42,100 | |
| Distributable reserves | 133 | €258,909 | €258,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,116 | €358,601 | +€172,485 | +92.7% |
| Amounts payable | 17/49 | €36,561 | €33,170 | -€3,391 | -9.3% |
| Amounts payable within one year | 42/48 | €13,425 | €33,170 | +€19,745 | +147% |
| Financial debts | 43 | €716 | €654 | -€62 | -8.7% |
| Credit institutions | 430/8 | €716 | €654 | -€62 | -8.7% |
| Trade debts | 44 | €500 | €662 | +€162 | +32.3% |
| Suppliers | 440/4 | €500 | €662 | +€162 | +32.3% |
| Taxes, remuneration and social security | 45 | €7,004 | €9,436 | +€2,432 | +34.7% |
| Taxes | 450/3 | €7,004 | €9,436 | +€2,432 | +34.7% |
| Other amounts payable | 47/48 | €5,205 | €22,419 | +€17,214 | +331% |
| Accrued charges and deferred income | 492/3 | €23,136 | €0 | -€23,136 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83 | €217 | +€134 | +161% |
| Other operating charges | 640/8 | €528 | €588 | +€61 | +11.5% |
| Gross operating margin | 9900 | €244,346 | €281,562 | +€37,216 | +15.2% |
| Operating profit (loss) | 9901 | €243,735 | €280,756 | +€37,021 | +15.2% |
| Financial income | 75/76B | €2 | €0 | -€2 | -98.2% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -98.2% |
| Financial charges | 65/66B | €118 | €126 | +€8 | +7.2% |
| Recurring financial charges | 65 | €118 | €126 | +€8 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | €243,619 | €280,630 | +€37,011 | +15.2% |
| Income taxes | 67/77 | €57,504 | €66,045 | +€8,541 | +14.9% |
| Profit (loss) for the period | 9904 | €186,116 | €214,585 | +€28,470 | +15.3% |
| Transfer to tax-exempt reserves | 689 | - | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €186,116 | €172,485 | -€13,630 | -7.3% |
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 27 October 2026 via checked.be.