STUDIO CUOIO: 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 CUOIO
Largest movements
- Cash +€75,148
up €75,148 (+235.1%), from €31,971 to €107,119
mainly Receivables within one year (+€42,992) and Trade debts (+€33,984)
- Receivables within one year -€42,992
down €42,992 (-63.7%), from €67,458 to €24,466
of which Trade receivables: -€44,681
- Deferred charges and accrued income +€11,826
up €11,826 (+574.3%), from €2,059 to €13,885
- Tangible fixed assets -€9,654
down €9,654 (-23.7%), from €40,702 to €31,049
of which Furniture and vehicles: -€6,292
- Stocks and contracts +€8,112
up €8,112 (+136.8%), from €5,929 to €14,041
- Trade debts +€33,984
up €33,984 (+689.4%), from €4,930 to €38,914
- Reserves +€14,933
up €14,933 (+13.2%), from €113,129 to €128,063
- Tax, wage and social debts -€13,703
down €13,703 (-83.9%), from €16,334 to €2,631
of which Taxes: -€13,754
- Other debts +€6,302
up €6,302 (+54.7%), from €11,510 to €17,812
- Advances received +€2,496
new in 2024: €2,496
- Write-downs +€8,924
new in 2024: €8,924
- Financial charges -€6,689
down €6,689 (-76.1%), from €8,785 to €2,096
- Gross operating margin +€4,374
up €4,374 (+12.1%), from €36,241 to €40,615
- Depreciation +€1,618
up €1,618 (+19.6%), from €8,275 to €9,893
- Other operating charges +€566
up €566 (+228.7%), from €248 to €814
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,219 | €191,813 | +€43,594 | +29.4% |
| Fixed assets | 21/28 | €40,802 | €32,302 | -€8,500 | -20.8% |
| Intangible fixed assets | 21 | - | €1,253 | +€1,253 | |
| Tangible fixed assets | 22/27 | €40,702 | €31,049 | -€9,654 | -23.7% |
| Furniture and vehicles | 24 | €16,457 | €10,164 | -€6,292 | -38.2% |
| Other tangible fixed assets | 26 | €24,246 | €20,884 | -€3,362 | -13.9% |
| Financial fixed assets | 28 | €100 | €0 | -€100 | -100.0% |
| Current assets | 29/58 | €107,417 | €159,511 | +€52,094 | +48.5% |
| Stocks and contracts in progress | 3 | €5,929 | €14,041 | +€8,112 | +136.8% |
| Stocks | 30/36 | €5,929 | €14,041 | +€8,112 | +136.8% |
| Amounts receivable within one year | 40/41 | €67,458 | €24,466 | -€42,992 | -63.7% |
| Trade receivables | 40 | €67,458 | €22,777 | -€44,681 | -66.2% |
| Other amounts receivable | 41 | €0 | €1,689 | +€1,689 | |
| Cash at bank and in hand | 54/58 | €31,971 | €107,119 | +€75,148 | +235.1% |
| Deferred charges and accrued income | 490/1 | €2,059 | €13,885 | +€11,826 | +574.3% |
| Total equity and liabilities | 10/49 | €148,219 | €191,813 | +€43,594 | +29.4% |
| Equity | 10/15 | €114,129 | €129,063 | +€14,933 | +13.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €113,129 | €128,063 | +€14,933 | +13.2% |
| Distributable reserves | 133 | €113,129 | €128,063 | +€14,933 | +13.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,089 | €62,750 | +€28,661 | +84.1% |
| Amounts payable within one year | 42/48 | €32,774 | €61,852 | +€29,078 | +88.7% |
| Trade debts | 44 | €4,930 | €38,914 | +€33,984 | +689.4% |
| Suppliers | 440/4 | €4,930 | €38,914 | +€33,984 | +689.4% |
| Advances received on contracts in progress | 46 | - | €2,496 | +€2,496 | |
| Taxes, remuneration and social security | 45 | €16,334 | €2,631 | -€13,703 | -83.9% |
| Taxes | 450/3 | €13,896 | €143 | -€13,754 | -99.0% |
| Remuneration and social security | 454/9 | €2,438 | €2,488 | +€50 | +2.1% |
| Other amounts payable | 47/48 | €11,510 | €17,812 | +€6,302 | +54.7% |
| Accrued charges and deferred income | 492/3 | €1,315 | €898 | -€417 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,275 | €9,893 | +€1,618 | +19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,924 | +€8,924 | |
| Other operating charges | 640/8 | €248 | €814 | +€566 | +228.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €36,241 | €40,615 | +€4,374 | +12.1% |
| Operating profit (loss) | 9901 | €27,719 | €20,984 | -€6,735 | -24.3% |
| Financial income | 75/76B | €1,249 | €1,431 | +€182 | +14.6% |
| Recurring financial income | 75 | €1,249 | €1,431 | +€182 | +14.6% |
| Financial charges | 65/66B | €8,785 | €2,096 | -€6,689 | -76.1% |
| Recurring financial charges | 65 | €8,785 | €2,096 | -€6,689 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €20,183 | €20,319 | +€136 | +0.7% |
| Income taxes | 67/77 | €5,286 | €5,386 | +€100 | +1.9% |
| Profit (loss) for the period | 9904 | €14,896 | €14,933 | +€37 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,896 | €14,933 | +€37 | +0.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.