STUDIO DUA: 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 DUA
Largest movements
- Stocks and contracts +€4,341
new in 2025: €4,341
- Receivables within one year +€2,294
up €2,294 (+195.2%), from €1,175 to €3,469
of which Trade receivables: +€2,163
- Cash -€1,926
down €1,926 (-29.8%), from €6,453 to €4,527
mainly Stocks and contracts (-€4,341) and Receivables within one year (-€2,294)
- Tangible fixed assets -€1,837
down €1,837 (-21.7%), from €8,445 to €6,608
of which Furniture and vehicles: -€1,303
- Trade debts +€3,691
up €3,691 (+5497.6%), from €67 to €3,758
- Other debts -€1,019
down €1,019 (-59.8%), from €1,705 to €686
- Gross operating margin +€7,757
up €7,757, from -€4,921 to €2,835
- Depreciation +€400
up €400 (+27.8%), from €1,437 to €1,837
- Other operating charges -€215
down €215 (-31.7%), from €676 to €462
- Financial charges -€205
down €205 (-66.1%), from €309 to €105
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 | €16,073 | €18,946 | +€2,872 | +17.9% |
| Fixed assets | 21/28 | €8,445 | €6,608 | -€1,837 | -21.7% |
| Tangible fixed assets | 22/27 | €8,445 | €6,608 | -€1,837 | -21.7% |
| Furniture and vehicles | 24 | €4,278 | €2,975 | -€1,303 | -30.5% |
| Other tangible fixed assets | 26 | €4,167 | €3,634 | -€533 | -12.8% |
| Current assets | 29/58 | €7,628 | €12,337 | +€4,709 | +61.7% |
| Stocks and contracts in progress | 3 | - | €4,341 | +€4,341 | |
| Contracts in progress | 37 | - | €4,341 | +€4,341 | |
| Amounts receivable within one year | 40/41 | €1,175 | €3,469 | +€2,294 | +195.2% |
| Trade receivables | 40 | €787 | €2,949 | +€2,163 | +275.0% |
| Other amounts receivable | 41 | €389 | €520 | +€131 | +33.7% |
| Cash at bank and in hand | 54/58 | €6,453 | €4,527 | -€1,926 | -29.8% |
| Total equity and liabilities | 10/49 | €16,073 | €18,946 | +€2,872 | +17.9% |
| Equity | 10/15 | -€699 | -€514 | +€185 | +26.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,699 | -€15,514 | +€185 | +1.2% |
| Amounts payable | 17/49 | €16,772 | €19,459 | +€2,687 | +16.0% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,772 | €4,459 | +€2,687 | +151.6% |
| Trade debts | 44 | €67 | €3,758 | +€3,691 | +5497.6% |
| Suppliers | 440/4 | €67 | €3,758 | +€3,691 | +5497.6% |
| Taxes, remuneration and social security | 45 | - | €16 | +€16 | |
| Taxes | 450/3 | - | €16 | +€16 | |
| Other amounts payable | 47/48 | €1,705 | €686 | -€1,019 | -59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,437 | €1,837 | +€400 | +27.8% |
| Other operating charges | 640/8 | €676 | €462 | -€215 | -31.7% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | -€4,921 | €2,835 | +€7,757 | |
| Operating profit (loss) | 9901 | -€7,034 | €287 | +€7,321 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +800.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +800.0% |
| Financial charges | 65/66B | €309 | €105 | -€205 | -66.1% |
| Recurring financial charges | 65 | €309 | €105 | -€205 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,344 | €185 | +€7,529 | |
| Profit (loss) for the period | 9904 | -€7,344 | €185 | +€7,529 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,344 | €185 | +€7,529 |
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 4 October 2026 via checked.be.