Studio Digital: 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 Digital
Largest movements
- Deferred charges and accrued income +€108,741
up €108,741 (+5,285%), from €2,058 to €110,799
- Cash +€30,761
up €30,761 (+12.5%), from €245,735 to €276,496
mainly Other debts (+€222,047) and Net result for the year (+€204,494)
- Receivables within one year -€18,413
no longer reported in 2025 (was €18,413)
- Tangible fixed assets -€11,493
down €11,493 (-20.6%), from €55,895 to €44,402
- Other debts +€222,047
up €222,047 (+357%), from €62,283 to €284,330
- Reserves -€81,906
down €81,906 (-30.1%), from €272,425 to €190,520
- Tax, wage and social debts -€30,768
down €30,768 (-40.8%), from €75,338 to €44,570
- Financial income +€94,721
up €94,721 (+217%), from €43,741 to €138,462
- Depreciation +€10,987
up €10,987 (+237%), from €4,638 to €15,625
- Taxes -€8,348
down €8,348 (-31.0%), from €26,949 to €18,602
- Gross operating margin -€7,978
down €7,978 (-7.3%), from €109,749 to €101,771
- Financial charges -€4,468
down €4,468 (-86.1%), from €5,191 to €723
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 | €422,101 | €531,697 | +€109,596 | +26.0% |
| Fixed assets | 21/28 | €155,895 | €144,402 | -€11,493 | -7.4% |
| Tangible fixed assets | 22/27 | €55,895 | €44,402 | -€11,493 | -20.6% |
| Furniture and vehicles | 24 | €55,895 | €44,402 | -€11,493 | -20.6% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €266,206 | €387,295 | +€121,089 | +45.5% |
| Amounts receivable within one year | 40/41 | €18,413 | - | -€18,413 | |
| Trade receivables | 40 | €18,413 | - | -€18,413 | |
| Cash at bank and in hand | 54/58 | €245,735 | €276,496 | +€30,761 | +12.5% |
| Deferred charges and accrued income | 490/1 | €2,058 | €110,799 | +€108,741 | +5,285% |
| Total equity and liabilities | 10/49 | €422,101 | €531,697 | +€109,596 | +26.0% |
| Equity | 10/15 | €282,425 | €200,520 | -€81,906 | -29.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €272,425 | €190,520 | -€81,906 | -30.1% |
| Distributable reserves | 133 | €272,425 | €190,520 | -€81,906 | -30.1% |
| Amounts payable | 17/49 | €139,676 | €331,178 | +€191,502 | +137% |
| Amounts payable within one year | 42/48 | €139,676 | €331,178 | +€191,502 | +137% |
| Trade debts | 44 | €2,054 | €2,277 | +€223 | +10.9% |
| Suppliers | 440/4 | €2,054 | €2,277 | +€223 | +10.9% |
| Taxes, remuneration and social security | 45 | €75,338 | €44,570 | -€30,768 | -40.8% |
| Taxes | 450/3 | €75,338 | €44,570 | -€30,768 | -40.8% |
| Other amounts payable | 47/48 | €62,283 | €284,330 | +€222,047 | +357% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,638 | €15,625 | +€10,987 | +237% |
| Other operating charges | 640/8 | €1,313 | €790 | -€524 | -39.9% |
| Gross operating margin | 9900 | €109,749 | €101,771 | -€7,978 | -7.3% |
| Operating profit (loss) | 9901 | €103,798 | €85,357 | -€18,441 | -17.8% |
| Financial income | 75/76B | €43,741 | €138,462 | +€94,721 | +217% |
| Recurring financial income | 75 | €43,741 | €138,462 | +€94,721 | +217% |
| Financial charges | 65/66B | €5,191 | €723 | -€4,468 | -86.1% |
| Recurring financial charges | 65 | €5,191 | €723 | -€4,468 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €142,347 | €223,096 | +€80,748 | +56.7% |
| Income taxes | 67/77 | €26,949 | €18,602 | -€8,348 | -31.0% |
| Profit (loss) for the period | 9904 | €115,398 | €204,494 | +€89,096 | +77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €115,398 | €204,494 | +€89,096 | +77.2% |
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 25 October 2026 via checked.be.