Studio Écluse: 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 Écluse
Largest movements
- Cash -€9,252
down €9,252 (-30.5%), from €30,289 to €21,037
mainly Receivables within one year (-€6,855) and Investment in fixed assets (net) (-€5,101)
- Receivables within one year +€6,855
up €6,855 (+63.0%), from €10,872 to €17,727
of which Trade receivables: +€6,852
- Tangible fixed assets +€2,064
up €2,064 (+29.2%), from €7,076 to €9,141
- Deferred charges and accrued income -€1,806
down €1,806 (-43.4%), from €4,158 to €2,353
- Trade debts -€5,029
down €5,029 (-79.4%), from €6,337 to €1,308
- Profit (loss) carried forward +€4,067
up €4,067 (+16.2%), from €25,158 to €29,224
- Tax, wage and social debts -€1,045
down €1,045 (-7.3%), from €14,309 to €13,264
- Gross operating margin -€17,664
down €17,664 (-64.8%), from €27,278 to €9,614
- Taxes -€4,885
down €4,885 (-72.8%), from €6,710 to €1,825
- Depreciation +€835
up €835 (+37.9%), from €2,202 to €3,037
- Financial income -€304
down €304 (-100.0%), from €304 to €0
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 | €52,396 | €50,257 | -€2,139 | -4.1% |
| Fixed assets | 21/28 | €7,076 | €9,141 | +€2,064 | +29.2% |
| Tangible fixed assets | 22/27 | €7,076 | €9,141 | +€2,064 | +29.2% |
| Furniture and vehicles | 24 | €7,076 | €9,141 | +€2,064 | +29.2% |
| Current assets | 29/58 | €45,319 | €41,117 | -€4,203 | -9.3% |
| Amounts receivable within one year | 40/41 | €10,872 | €17,727 | +€6,855 | +63.0% |
| Trade receivables | 40 | €10,872 | €17,725 | +€6,852 | +63.0% |
| Other amounts receivable | 41 | €0 | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €30,289 | €21,037 | -€9,252 | -30.5% |
| Deferred charges and accrued income | 490/1 | €4,158 | €2,353 | -€1,806 | -43.4% |
| Total equity and liabilities | 10/49 | €52,396 | €50,257 | -€2,139 | -4.1% |
| Equity | 10/15 | €30,158 | €34,224 | +€4,067 | +13.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,158 | €29,224 | +€4,067 | +16.2% |
| Amounts payable | 17/49 | €22,238 | €16,033 | -€6,205 | -27.9% |
| Amounts payable within one year | 42/48 | €22,238 | €16,033 | -€6,205 | -27.9% |
| Trade debts | 44 | €6,337 | €1,308 | -€5,029 | -79.4% |
| Suppliers | 440/4 | €6,337 | €1,308 | -€5,029 | -79.4% |
| Taxes, remuneration and social security | 45 | €14,309 | €13,264 | -€1,045 | -7.3% |
| Taxes | 450/3 | €14,309 | €13,264 | -€1,045 | -7.3% |
| Other amounts payable | 47/48 | €1,592 | €1,461 | -€131 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,202 | €3,037 | +€835 | +37.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €27,278 | €9,614 | -€17,664 | -64.8% |
| Operating profit (loss) | 9901 | €24,689 | €6,178 | -€18,512 | -75.0% |
| Financial income | 75/76B | €304 | €0 | -€304 | -100.0% |
| Recurring financial income | 75 | €304 | €0 | -€304 | -100.0% |
| Financial charges | 65/66B | €219 | €286 | +€67 | +30.3% |
| Recurring financial charges | 65 | €219 | €286 | +€67 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €24,774 | €5,892 | -€18,882 | -76.2% |
| Income taxes | 67/77 | €6,710 | €1,825 | -€4,885 | -72.8% |
| Profit (loss) for the period | 9904 | €18,063 | €4,067 | -€13,997 | -77.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,063 | €4,067 | -€13,997 | -77.5% |
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 10 October 2026 via checked.be.