Studio Dans' Harmonie: 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 Dans' Harmonie
Largest movements
- Cash -€26,472
down €26,472 (-34.6%), from €76,573 to €50,101
mainly Current portion of long-term debt (-€44,596) and Debts after one year (-€14,907)
- Tangible fixed assets -€18,475
down €18,475 (-12.8%), from €144,805 to €126,330
of which Plant, machinery and equipment: -€29,832
- Receivables within one year -€13,045
down €13,045 (-29.4%), from €44,349 to €31,304
- Current portion of long-term debt -€44,596
down €44,596 (-48.2%), from €92,577 to €47,981
- Debts after one year -€14,907
down €14,907 (-25.5%), from €58,365 to €43,457
- Reserves +€12,170
up €12,170 (+608%), from €2,000 to €14,170
of which Distributable reserves: +€12,170
- Trade debts -€6,231
down €6,231 (-46.8%), from €13,316 to €7,085
- Other debts -€4,657
down €4,657 (-97.8%), from €4,765 to €107
- Gross operating margin -€39,066
down €39,066 (-39.1%), from €99,825 to €60,759
- Taxes -€8,771
down €8,771 (-62.5%), from €14,026 to €5,255
- Staff costs +€3,985
new in 2025: €3,985
- Depreciation -€2,701
down €2,701 (-9.4%), from €28,788 to €26,087
- Financial charges +€2,519
up €2,519 (+44.5%), from €5,666 to €8,185
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 | €298,660 | €238,237 | -€60,423 | -20.2% |
| Formation expenses | 20 | €1,650 | - | -€1,650 | |
| Fixed assets | 21/28 | €172,062 | €154,687 | -€17,375 | -10.1% |
| Intangible fixed assets | 21 | - | €1,100 | +€1,100 | |
| Tangible fixed assets | 22/27 | €144,805 | €126,330 | -€18,475 | -12.8% |
| Land and buildings | 22 | €73,347 | €62,687 | -€10,660 | -14.5% |
| Plant, machinery and equipment | 23 | €67,303 | €37,471 | -€29,832 | -44.3% |
| Furniture and vehicles | 24 | €4,156 | €26,173 | +€22,017 | +530% |
| Financial fixed assets | 28 | €27,257 | €27,257 | = | 0.0% |
| Current assets | 29/58 | €124,948 | €83,550 | -€41,398 | -33.1% |
| Amounts receivable within one year | 40/41 | €44,349 | €31,304 | -€13,045 | -29.4% |
| Trade receivables | 40 | €44,349 | €31,304 | -€13,045 | -29.4% |
| Cash at bank and in hand | 54/58 | €76,573 | €50,101 | -€26,472 | -34.6% |
| Deferred charges and accrued income | 490/1 | €4,025 | €2,144 | -€1,881 | -46.7% |
| Total equity and liabilities | 10/49 | €298,660 | €238,237 | -€60,423 | -20.2% |
| Equity | 10/15 | €106,672 | €118,839 | +€12,167 | +11.4% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Capital | 10 | €45,000 | - | -€45,000 | |
| Issued capital | 100 | €45,000 | - | -€45,000 | |
| Reserves | 13 | €2,000 | €14,170 | +€12,170 | +608% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | - | €12,170 | +€12,170 | |
| Profit (loss) carried forward | 14 | €59,672 | €59,669 | -€3 | 0.0% |
| Amounts payable | 17/49 | €191,988 | €119,398 | -€72,590 | -37.8% |
| Amounts payable after more than one year | 17 | €58,365 | €43,457 | -€14,907 | -25.5% |
| Financial debts | 170/4 | €58,365 | €43,457 | -€14,907 | -25.5% |
| Amounts payable within one year | 42/48 | €133,623 | €75,940 | -€57,683 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €92,577 | €47,981 | -€44,596 | -48.2% |
| Trade debts | 44 | €13,316 | €7,085 | -€6,231 | -46.8% |
| Suppliers | 440/4 | €13,316 | €7,085 | -€6,231 | -46.8% |
| Taxes, remuneration and social security | 45 | €22,965 | €20,767 | -€2,198 | -9.6% |
| Taxes | 450/3 | €20,683 | €20,767 | +€84 | +0.4% |
| Remuneration and social security | 454/9 | €2,283 | €0 | -€2,283 | -100% |
| Other amounts payable | 47/48 | €4,765 | €107 | -€4,657 | -97.8% |
| Remuneration, social security and pensions | 62 | - | €3,985 | +€3,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,788 | €26,087 | -€2,701 | -9.4% |
| Other operating charges | 640/8 | €7,120 | €5,093 | -€2,027 | -28.5% |
| Gross operating margin | 9900 | €99,825 | €60,759 | -€39,066 | -39.1% |
| Operating profit (loss) | 9901 | €63,918 | €25,595 | -€38,323 | -60.0% |
| Financial income | 75/76B | €4 | €16 | +€11 | +263% |
| Recurring financial income | 75 | €4 | €16 | +€11 | +263% |
| Financial charges | 65/66B | €5,666 | €8,185 | +€2,519 | +44.5% |
| Recurring financial charges | 65 | €5,666 | €8,185 | +€2,519 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €58,256 | €17,425 | -€40,831 | -70.1% |
| Income taxes | 67/77 | €14,026 | €5,255 | -€8,771 | -62.5% |
| Profit (loss) for the period | 9904 | €44,230 | €12,170 | -€32,060 | -72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,230 | €12,170 | -€32,060 | -72.5% |
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 18 October 2026 via checked.be.