STUDIO CYCLO: 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 CYCLO
Largest movements
- Cash +€10,058
up €10,058 (+1338.1%), from €752 to €10,810
mainly Other debts (+€4,992) and Tax, wage and social debts (+€3,112)
- Tangible fixed assets -€1,788
down €1,788 (-45.6%), from €3,923 to €2,135
- Receivables within one year +€617
up €617 (+8.5%), from €7,281 to €7,899
of which Trade receivables: +€2,985
- Deferred charges and accrued income -€451
down €451 (-48.2%), from €936 to €485
- Other debts +€4,992
up €4,992 (+34.7%), from €14,375 to €19,367
- Tax, wage and social debts +€3,112
up €3,112 (+1312.5%), from €237 to €3,349
- Profit (loss) carried forward +€2,279
up €2,279 (+59.9%), from -€3,806 to -€1,528
- Trade debts -€1,746
down €1,746 (-88.5%), from €1,972 to €226
- Gross operating margin +€7,706
up €7,706, from -€3,251 to €4,454
- Depreciation +€347
up €347 (+24.1%), from €1,441 to €1,788
- Staff costs -€101
down €101 (-100.0%), from €101 to €0
- Financial income +€100
up €100 (+53.1%), from €188 to €287
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 | €35,263 | €43,899 | +€8,636 | +24.5% |
| Fixed assets | 21/28 | €3,923 | €2,135 | -€1,788 | -45.6% |
| Tangible fixed assets | 22/27 | €3,923 | €2,135 | -€1,788 | -45.6% |
| Furniture and vehicles | 24 | €3,923 | €2,135 | -€1,788 | -45.6% |
| Current assets | 29/58 | €31,341 | €41,765 | +€10,424 | +33.3% |
| Amounts receivable within one year | 40/41 | €7,281 | €7,899 | +€617 | +8.5% |
| Trade receivables | 40 | €3,036 | €6,021 | +€2,985 | +98.3% |
| Other amounts receivable | 41 | €4,246 | €1,878 | -€2,368 | -55.8% |
| Current investments | 50/53 | €22,372 | €22,571 | +€200 | +0.9% |
| Cash at bank and in hand | 54/58 | €752 | €10,810 | +€10,058 | +1338.1% |
| Deferred charges and accrued income | 490/1 | €936 | €485 | -€451 | -48.2% |
| Total equity and liabilities | 10/49 | €35,263 | €43,899 | +€8,636 | +24.5% |
| Equity | 10/15 | €18,679 | €20,958 | +€2,279 | +12.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,486 | €19,486 | = | 0.0% |
| Distributable reserves | 133 | €19,486 | €19,486 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,806 | -€1,528 | +€2,279 | +59.9% |
| Amounts payable | 17/49 | €16,584 | €22,941 | +€6,357 | +38.3% |
| Amounts payable within one year | 42/48 | €16,584 | €22,941 | +€6,357 | +38.3% |
| Trade debts | 44 | €1,972 | €226 | -€1,746 | -88.5% |
| Suppliers | 440/4 | €1,972 | €226 | -€1,746 | -88.5% |
| Taxes, remuneration and social security | 45 | €237 | €3,349 | +€3,112 | +1312.5% |
| Taxes | 450/3 | €237 | €3,349 | +€3,112 | +1312.5% |
| Other amounts payable | 47/48 | €14,375 | €19,367 | +€4,992 | +34.7% |
| Remuneration, social security and pensions | 62 | €101 | €0 | -€101 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,441 | €1,788 | +€347 | +24.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €414 | €426 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€3,251 | €4,454 | +€7,706 | |
| Operating profit (loss) | 9901 | -€5,208 | €2,241 | +€7,448 | |
| Financial income | 75/76B | €188 | €287 | +€100 | +53.1% |
| Recurring financial income | 75 | €188 | €287 | +€100 | +53.1% |
| Financial charges | 65/66B | €67 | €82 | +€15 | +21.8% |
| Recurring financial charges | 65 | €67 | €82 | +€15 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,088 | €2,446 | +€7,533 | |
| Income taxes | 67/77 | €160 | €167 | +€7 | +4.2% |
| Profit (loss) for the period | 9904 | -€5,248 | €2,279 | +€7,527 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,248 | €2,279 | +€7,527 |
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 8 October 2026 via checked.be.