STUDIO FLASHBACK: 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 FLASHBACK
Largest movements
- Cash -€18,792
down €18,792 (-68.5%), from €27,424 to €8,632
mainly Accrued charges and deferred income (-€28,279) and Trade debts (-€20,864)
- Receivables within one year -€12,270
down €12,270 (-20.1%), from €61,156 to €48,886
of which Other amounts receivable: -€27,536
- Tangible fixed assets -€11,770
down €11,770 (-55.6%), from €21,151 to €9,380
of which Furniture and vehicles: -€8,992
- Accrued charges and deferred income -€28,279
down €28,279 (-65.7%), from €43,041 to €14,761
- Trade debts -€20,864
down €20,864 (-61.9%), from €33,720 to €12,856
- Tax, wage and social debts +€10,402
up €10,402 (+2740.5%), from €380 to €10,781
of which Taxes: +€8,903
- Current portion of long-term debt -€3,237
down €3,237 (-100.0%), from €3,237 to €0
- Reserves -€2,000
down €2,000 (-7.9%), from €25,360 to €23,360
- Gross operating margin -€30,136
down €30,136 (-61.4%), from €49,086 to €18,950
- Other operating charges -€26,744
down €26,744 (-61.4%), from €43,568 to €16,824
- Depreciation -€7,000
down €7,000 (-65.4%), from €10,699 to €3,698
- Financial income -€582
down €582 (-99.3%), from €586 to €4
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 | €112,202 | €68,500 | -€43,702 | -38.9% |
| Fixed assets | 21/28 | €21,601 | €9,380 | -€12,220 | -56.6% |
| Tangible fixed assets | 22/27 | €21,151 | €9,380 | -€11,770 | -55.6% |
| Plant, machinery and equipment | 23 | €12,159 | €9,380 | -€2,779 | -22.9% |
| Furniture and vehicles | 24 | €8,992 | €0 | -€8,992 | -100.0% |
| Financial fixed assets | 28 | €450 | €0 | -€450 | -100.0% |
| Current assets | 29/58 | €90,601 | €59,120 | -€31,481 | -34.7% |
| Amounts receivable within one year | 40/41 | €61,156 | €48,886 | -€12,270 | -20.1% |
| Trade receivables | 40 | €31,911 | €47,177 | +€15,266 | +47.8% |
| Other amounts receivable | 41 | €29,245 | €1,709 | -€27,536 | -94.2% |
| Cash at bank and in hand | 54/58 | €27,424 | €8,632 | -€18,792 | -68.5% |
| Deferred charges and accrued income | 490/1 | €2,021 | €1,602 | -€420 | -20.8% |
| Total equity and liabilities | 10/49 | €112,202 | €68,500 | -€43,702 | -38.9% |
| Equity | 10/15 | €31,825 | €29,764 | -€2,062 | -6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,360 | €23,360 | -€2,000 | -7.9% |
| Distributable reserves | 133 | €25,360 | €23,360 | -€2,000 | -7.9% |
| Profit (loss) carried forward | 14 | €265 | €204 | -€62 | -23.2% |
| Amounts payable | 17/49 | €80,376 | €38,737 | -€41,640 | -51.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €37,336 | €23,975 | -€13,361 | -35.8% |
| Current portion of amounts payable after more than one year | 42 | €3,237 | €0 | -€3,237 | -100.0% |
| Trade debts | 44 | €33,720 | €12,856 | -€20,864 | -61.9% |
| Suppliers | 440/4 | €33,720 | €12,856 | -€20,864 | -61.9% |
| Taxes, remuneration and social security | 45 | €380 | €10,781 | +€10,402 | +2740.5% |
| Taxes | 450/3 | €220 | €9,123 | +€8,903 | +4055.2% |
| Remuneration and social security | 454/9 | €160 | €1,658 | +€1,498 | +936.5% |
| Other amounts payable | 47/48 | €0 | €338 | +€338 | |
| Accrued charges and deferred income | 492/3 | €43,041 | €14,761 | -€28,279 | -65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,699 | €3,698 | -€7,000 | -65.4% |
| Other operating charges | 640/8 | €43,568 | €16,824 | -€26,744 | -61.4% |
| Gross operating margin | 9900 | €49,086 | €18,950 | -€30,136 | -61.4% |
| Operating profit (loss) | 9901 | -€5,181 | -€1,572 | +€3,608 | +69.6% |
| Financial income | 75/76B | €586 | €4 | -€582 | -99.3% |
| Recurring financial income | 75 | €586 | €4 | -€582 | -99.3% |
| Financial charges | 65/66B | €560 | €202 | -€358 | -64.0% |
| Recurring financial charges | 65 | €560 | €202 | -€358 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,155 | -€1,770 | +€3,385 | +65.7% |
| Income taxes | 67/77 | €170 | €292 | +€122 | +71.6% |
| Profit (loss) for the period | 9904 | -€5,325 | -€2,062 | +€3,263 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,325 | -€2,062 | +€3,263 | +61.3% |
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 12 October 2026 via checked.be.