STUDIO CREATION: 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 CREATION
Largest movements
- Cash -€9,487
down €9,487 (-90.5%), from €10,483 to €996
mainly Debts after one year (-€13,013) and Investment in fixed assets (net) (-€10,545)
- Financial fixed assets +€7,580
up €7,580 (+225.6%), from €3,360 to €10,940
- Receivables within one year -€5,000
down €5,000 (-14.3%), from €35,000 to €30,000
- Debts after one year -€13,013
down €13,013 (-74.4%), from €17,495 to €4,482
- Profit (loss) carried forward +€5,696
up €5,696 (+8.5%), from €66,945 to €72,641
- Trade debts -€3,175
down €3,175 (-67.6%), from €4,694 to €1,520
- Tax, wage and social debts +€2,073
up €2,073 (+370.8%), from €559 to €2,633
- Current portion of long-term debt +€1,636
up €1,636 (+14.4%), from €11,377 to €13,013
- Gross operating margin +€5,198
up €5,198 (+54.6%), from €9,517 to €14,715
- Taxes +€1,514
up €1,514 (+270.8%), from €559 to €2,073
- Financial charges -€758
down €758 (-35.0%), from €2,165 to €1,406
- Depreciation +€192
up €192 (+5.1%), from €3,780 to €3,972
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 | €120,803 | €112,888 | -€7,915 | -6.6% |
| Fixed assets | 21/28 | €75,320 | €81,892 | +€6,572 | +8.7% |
| Tangible fixed assets | 22/27 | €71,960 | €70,952 | -€1,008 | -1.4% |
| Land and buildings | 22 | €71,960 | €68,180 | -€3,780 | -5.3% |
| Plant, machinery and equipment | 23 | - | €2,772 | +€2,772 | |
| Financial fixed assets | 28 | €3,360 | €10,940 | +€7,580 | +225.6% |
| Current assets | 29/58 | €45,483 | €30,996 | -€14,487 | -31.9% |
| Amounts receivable within one year | 40/41 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Other amounts receivable | 41 | €35,000 | €30,000 | -€5,000 | -14.3% |
| Cash at bank and in hand | 54/58 | €10,483 | €996 | -€9,487 | -90.5% |
| Total equity and liabilities | 10/49 | €120,803 | €112,888 | -€7,915 | -6.6% |
| Equity | 10/15 | €85,545 | €91,241 | +€5,696 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,945 | €72,641 | +€5,696 | +8.5% |
| Amounts payable | 17/49 | €35,257 | €21,647 | -€13,610 | -38.6% |
| Amounts payable after more than one year | 17 | €17,495 | €4,482 | -€13,013 | -74.4% |
| Financial debts | 170/4 | €17,495 | €4,482 | -€13,013 | -74.4% |
| Amounts payable within one year | 42/48 | €16,630 | €17,165 | +€535 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €11,377 | €13,013 | +€1,636 | +14.4% |
| Trade debts | 44 | €4,694 | €1,520 | -€3,175 | -67.6% |
| Suppliers | 440/4 | €4,694 | €1,520 | -€3,175 | -67.6% |
| Taxes, remuneration and social security | 45 | €559 | €2,633 | +€2,073 | +370.8% |
| Taxes | 450/3 | €559 | €2,633 | +€2,073 | +370.8% |
| Accrued charges and deferred income | 492/3 | €1,132 | - | -€1,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,780 | €3,972 | +€192 | +5.1% |
| Other operating charges | 640/8 | €1,520 | €1,568 | +€48 | +3.1% |
| Gross operating margin | 9900 | €9,517 | €14,715 | +€5,198 | +54.6% |
| Operating profit (loss) | 9901 | €4,217 | €9,175 | +€4,958 | +117.6% |
| Financial charges | 65/66B | €2,165 | €1,406 | -€758 | -35.0% |
| Recurring financial charges | 65 | €2,165 | €1,406 | -€758 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €2,052 | €7,769 | +€5,717 | +278.6% |
| Income taxes | 67/77 | €559 | €2,073 | +€1,514 | +270.8% |
| Profit (loss) for the period | 9904 | €1,493 | €5,696 | +€4,203 | +281.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,493 | €5,696 | +€4,203 | +281.5% |
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 29 September 2026 via checked.be.