STUDIO EARL: 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 EARL
Largest movements
- Cash -€5,484
down €5,484 (-99.9%), from €5,487 to €3
mainly Net result for the year (-€3,512) and Tax, wage and social debts (-€3,000)
- Tangible fixed assets -€374
down €374 (-69.6%), from €538 to €164
- Receivables within one year -€110
down €110 (-29.6%), from €373 to €263
of which Other amounts receivable: -€152
- Profit (loss) carried forward -€3,512
down €3,512 (-20.1%), from -€17,462 to -€20,974
- Tax, wage and social debts -€3,000
no longer reported in 2024 (was €3,000)
- Other debts +€3,000
up €3,000 (+18.6%), from €16,154 to €19,154
- Trade debts -€2,456
no longer reported in 2024 (was €2,456)
- Gross operating margin +€388
up €388 (+16.0%), from -€2,420 to -€2,033
- Financial income -€253
no longer reported in 2024 (was €253)
- Other operating charges +€228
up €228 (+34.6%), from €658 to €886
- Financial charges +€155
up €155 (+240.1%), from €65 to €220
- Taxes +€65
no longer reported in 2024 (was -€65)
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,398 | €430 | -€5,968 | -93.3% |
| Fixed assets | 21/28 | €538 | €164 | -€374 | -69.6% |
| Tangible fixed assets | 22/27 | €538 | €164 | -€374 | -69.6% |
| Plant, machinery and equipment | 23 | €538 | €164 | -€374 | -69.6% |
| Current assets | 29/58 | €5,860 | €266 | -€5,594 | -95.5% |
| Amounts receivable within one year | 40/41 | €373 | €263 | -€110 | -29.6% |
| Trade receivables | 40 | - | €42 | +€42 | |
| Other amounts receivable | 41 | €373 | €221 | -€152 | -40.8% |
| Cash at bank and in hand | 54/58 | €5,487 | €3 | -€5,484 | -99.9% |
| Total equity and liabilities | 10/49 | €6,398 | €430 | -€5,968 | -93.3% |
| Equity | 10/15 | -€15,212 | -€18,724 | -€3,512 | -23.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €2,150 | €2,150 | = | 0.0% |
| Distributable reserves | 133 | €2,150 | €2,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,462 | -€20,974 | -€3,512 | -20.1% |
| Amounts payable | 17/49 | €21,610 | €19,154 | -€2,456 | -11.4% |
| Amounts payable within one year | 42/48 | €21,610 | €19,154 | -€2,456 | -11.4% |
| Trade debts | 44 | €2,456 | - | -€2,456 | |
| Suppliers | 440/4 | €2,456 | - | -€2,456 | |
| Taxes, remuneration and social security | 45 | €3,000 | - | -€3,000 | |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €16,154 | €19,154 | +€3,000 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €374 | = | 0.0% |
| Other operating charges | 640/8 | €658 | €886 | +€228 | +34.6% |
| Gross operating margin | 9900 | -€2,420 | -€2,033 | +€388 | +16.0% |
| Operating profit (loss) | 9901 | -€3,453 | -€3,293 | +€160 | +4.6% |
| Financial income | 75/76B | €253 | - | -€253 | |
| Recurring financial income | 75 | €253 | - | -€253 | |
| Financial charges | 65/66B | €65 | €220 | +€155 | +240.1% |
| Recurring financial charges | 65 | €65 | €220 | +€155 | +240.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,264 | -€3,512 | -€248 | -7.6% |
| Income taxes | 67/77 | -€65 | - | +€65 | |
| Profit (loss) for the period | 9904 | -€3,199 | -€3,512 | -€314 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,199 | -€3,512 | -€314 | -9.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.