STUDIO D'ANVERS: 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.
What changed
STUDIO D'ANVERS
NACE 43.240, Other construction installation
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€260
2023 · €9,664-€9,404
Equity
€35,625
2023 · €35,365+€260
Cash
€7,879
2023 · €8,035-€156
Balance sheet total
€185,555
2023 · €229,019-€43,464
Largest movements
Assets
- Receivables within one year -€48,373
down €48,373 (-74.2%), from €65,161 to €16,788
of which Trade receivables: -€43,918
- Stocks and contracts +€5,690
up €5,690 (+16.3%), from €34,910 to €40,600
Equity and liabilities
- Trade debts -€28,278
down €28,278 (-37.5%), from €75,458 to €47,180
- Debts after one year -€20,425
down €20,425 (-28.2%), from €72,480 to €52,055
- Advances received +€10,693
new in 2024: €10,693
- Other debts -€5,000
no longer reported in 2024 (was €5,000)
Income statement
- Depreciation +€9,735
up €9,735 (+66.0%), from €14,743 to €24,478
- Taxes -€4,133
down €4,133 (-90.0%), from €4,590 to €458
- Gross operating margin -€3,617
down €3,617 (-4.3%), from €83,878 to €80,261
- Financial charges +€980
up €980 (+39.0%), from €2,515 to €3,495
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.
Result 2023
€9,664
Gross operating margin
-€3,617
Staff costs
+€513
Depreciation
-€9,735
Other operating charges
+€270
Other operating items
+€15
Financial income
-€3
Financial charges
-€980
Taxes
+€4,133
Result 2024
€260
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.
From operations
+€44,979
Investment
-€23,674
Financing
-€21,461
Cash 2023
€8,035
From operations (derived)
+€44,979
Net result for the year
+€260
Depreciation
+€24,478
Stocks and contracts
-€5,690
Receivables within one year
+€48,373
Deferred charges and accrued income
-€179
Trade debts
-€28,278
Tax, wage and social debts
+€322
Advances received
+€10,693
Other debts
-€5,000
Investment (derived)
-€23,674
Investment in fixed assets (net)
-€23,674
Financing
-€21,461
Debts after one year
-€20,425
Current portion of long-term debt
-€1,036
Cash 2024
€7,879
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229,019 | €185,555 | -€43,464 | -19.0% |
| Fixed assets | 21/28 | €117,732 | €116,928 | -€804 | -0.7% |
| Tangible fixed assets | 22/27 | €117,732 | €116,928 | -€804 | -0.7% |
| Plant, machinery and equipment | 23 | €1,799 | €2,422 | +€623 | +34.6% |
| Furniture and vehicles | 24 | €54,281 | €59,586 | +€5,305 | +9.8% |
| Other tangible fixed assets | 26 | €61,652 | €54,921 | -€6,732 | -10.9% |
| Current assets | 29/58 | €111,287 | €68,627 | -€42,660 | -38.3% |
| Amounts receivable after more than one year | 29 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,000 | €1,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €34,910 | €40,600 | +€5,690 | +16.3% |
| Stocks | 30/36 | €34,910 | €40,600 | +€5,690 | +16.3% |
| Amounts receivable within one year | 40/41 | €65,161 | €16,788 | -€48,373 | -74.2% |
| Trade receivables | 40 | €55,009 | €11,091 | -€43,918 | -79.8% |
| Other amounts receivable | 41 | €10,152 | €5,697 | -€4,455 | -43.9% |
| Cash at bank and in hand | 54/58 | €8,035 | €7,879 | -€156 | -1.9% |
| Deferred charges and accrued income | 490/1 | €2,181 | €2,360 | +€179 | +8.2% |
| Total equity and liabilities | 10/49 | €229,019 | €185,555 | -€43,464 | -19.0% |
| Equity | 10/15 | €35,365 | €35,625 | +€260 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,519 | €11,519 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €9,664 | €9,664 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,647 | €17,907 | +€260 | +1.5% |
| Amounts payable | 17/49 | €193,653 | €149,930 | -€43,724 | -22.6% |
| Amounts payable after more than one year | 17 | €72,480 | €52,055 | -€20,425 | -28.2% |
| Financial debts | 170/4 | €72,480 | €52,055 | -€20,425 | -28.2% |
| Amounts payable within one year | 42/48 | €121,174 | €97,875 | -€23,299 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €21,461 | €20,425 | -€1,036 | -4.8% |
| Trade debts | 44 | €75,458 | €47,180 | -€28,278 | -37.5% |
| Suppliers | 440/4 | €75,458 | €47,180 | -€28,278 | -37.5% |
| Advances received on contracts in progress | 46 | - | €10,693 | +€10,693 | |
| Taxes, remuneration and social security | 45 | €19,255 | €19,577 | +€322 | +1.7% |
| Taxes | 450/3 | €12,361 | €12,664 | +€302 | +2.4% |
| Remuneration and social security | 454/9 | €6,894 | €6,914 | +€20 | +0.3% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Non-recurring operating income | 76A | - | €21,694 | +€21,694 | |
| Remuneration, social security and pensions | 62 | €48,922 | €48,409 | -€513 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,743 | €24,478 | +€9,735 | +66.0% |
| Other operating charges | 640/8 | €3,432 | €3,162 | -€270 | -7.9% |
| Non-recurring operating charges | 66A | €15 | - | -€15 | |
| Gross operating margin | 9900 | €83,878 | €80,261 | -€3,617 | -4.3% |
| Operating profit (loss) | 9901 | €16,766 | €4,212 | -€12,553 | -74.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €2,515 | €3,495 | +€980 | +39.0% |
| Recurring financial charges | 65 | €2,515 | €3,495 | +€980 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €14,254 | €718 | -€13,536 | -95.0% |
| Income taxes | 67/77 | €4,590 | €458 | -€4,133 | -90.0% |
| Profit (loss) for the period | 9904 | €9,664 | €260 | -€9,404 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,664 | €260 | -€9,404 | -97.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.