STUDIO FIFTYFIFTY: 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 FIFTYFIFTY
Largest movements
- Receivables within one year -€23,984
down €23,984 (-49.9%), from €48,083 to €24,099
of which Trade receivables: -€12,964
- Tangible fixed assets +€1,738
up €1,738 (+388%), from €448 to €2,186
- Cash -€1,718
down €1,718 (-30.4%), from €5,659 to €3,940
mainly Net result for the year (-€21,679) and Tax, wage and social debts (-€5,157)
- Deferred charges and accrued income -€1,609
down €1,609 (-13.1%), from €12,308 to €10,700
- Profit (loss) carried forward -€21,679
down €21,679 (-24.9%), from €86,939 to €65,259
- Tax, wage and social debts -€5,157
down €5,157 (-28.8%), from €17,892 to €12,735
- Trade debts +€1,529
up €1,529 (+14.8%), from €10,326 to €11,855
- Gross operating margin +€38,820
up €38,820 (+83.3%), from -€46,625 to -€7,805
- Taxes +€13,358
up €13,358 (+3,985%), from €335 to €13,693
- Financial charges -€1,245
down €1,245 (-48.7%), from €2,554 to €1,309
- Other operating charges -€469
down €469 (-47.7%), from €982 to €514
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.
Derived cash bridge
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 | €123,256 | €97,909 | -€25,347 | -20.6% |
| Fixed assets | 21/28 | €520 | €2,258 | +€1,738 | +334% |
| Tangible fixed assets | 22/27 | €448 | €2,186 | +€1,738 | +388% |
| Plant, machinery and equipment | 23 | €448 | €2,186 | +€1,738 | +388% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €122,736 | €95,651 | -€27,085 | -22.1% |
| Amounts receivable after more than one year | 29 | €56,686 | €56,912 | +€227 | +0.4% |
| Other amounts receivable | 291 | €56,686 | €56,912 | +€227 | +0.4% |
| Amounts receivable within one year | 40/41 | €48,083 | €24,099 | -€23,984 | -49.9% |
| Trade receivables | 40 | €37,063 | €24,099 | -€12,964 | -35.0% |
| Other amounts receivable | 41 | €11,020 | - | -€11,020 | |
| Cash at bank and in hand | 54/58 | €5,659 | €3,940 | -€1,718 | -30.4% |
| Deferred charges and accrued income | 490/1 | €12,308 | €10,700 | -€1,609 | -13.1% |
| Total equity and liabilities | 10/49 | €123,256 | €97,909 | -€25,347 | -20.6% |
| Equity | 10/15 | €94,999 | €73,319 | -€21,679 | -22.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,939 | €65,259 | -€21,679 | -24.9% |
| Amounts payable | 17/49 | €28,257 | €24,590 | -€3,668 | -13.0% |
| Amounts payable within one year | 42/48 | €28,257 | €24,590 | -€3,668 | -13.0% |
| Financial debts | 43 | €40 | - | -€40 | |
| Credit institutions | 430/8 | €40 | - | -€40 | |
| Trade debts | 44 | €10,326 | €11,855 | +€1,529 | +14.8% |
| Suppliers | 440/4 | €10,326 | €11,855 | +€1,529 | +14.8% |
| Taxes, remuneration and social security | 45 | €17,892 | €12,735 | -€5,157 | -28.8% |
| Taxes | 450/3 | €17,892 | €12,735 | -€5,157 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370 | €747 | +€377 | +102% |
| Other operating charges | 640/8 | €982 | €514 | -€469 | -47.7% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | -€46,625 | -€7,805 | +€38,820 | +83.3% |
| Operating profit (loss) | 9901 | -€47,978 | -€9,066 | +€38,912 | +81.1% |
| Financial income | 75/76B | €2,513 | €2,389 | -€124 | -4.9% |
| Recurring financial income | 75 | €2,513 | €2,389 | -€124 | -4.9% |
| Financial charges | 65/66B | €2,554 | €1,309 | -€1,245 | -48.7% |
| Recurring financial charges | 65 | €2,554 | €1,309 | -€1,245 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,018 | -€7,986 | +€40,032 | +83.4% |
| Income taxes | 67/77 | €335 | €13,693 | +€13,358 | +3,985% |
| Profit (loss) for the period | 9904 | -€48,354 | -€21,679 | +€26,674 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,354 | -€21,679 | +€26,674 | +55.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.