STUDIO H: 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 H
Largest movements
- Receivables within one year +€4,689
up €4,689 (+275.8%), from €1,700 to €6,389
of which Trade receivables: +€4,174
- Cash +€2,150
up €2,150 (+60.2%), from €3,570 to €5,720
mainly Other debts (+€4,270) and Net result for the year (+€3,165)
- Tangible fixed assets -€691
down €691 (-43.2%), from €1,601 to €910
- Other debts +€4,270
up €4,270 (+127.0%), from €3,363 to €7,633
- Profit (loss) carried forward +€3,165
up €3,165, from -€2,889 to €275
- Trade debts -€719
down €719 (-14.3%), from €5,034 to €4,315
- Tax, wage and social debts -€568
down €568 (-20.7%), from €2,745 to €2,177
- Gross operating margin -€3,154
down €3,154 (-37.3%), from €8,448 to €5,294
- Financial charges -€1,139
down €1,139 (-73.9%), from €1,542 to €403
- Other operating charges +€621
up €621 (+150.0%), from €414 to €1,035
- Staff costs -€549
no longer reported in 2024 (was €549)
- Depreciation -€517
down €517 (-42.8%), from €1,208 to €691
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 | €8,252 | €14,400 | +€6,148 | +74.5% |
| Fixed assets | 21/28 | €1,601 | €910 | -€691 | -43.2% |
| Tangible fixed assets | 22/27 | €1,601 | €910 | -€691 | -43.2% |
| Other tangible fixed assets | 26 | €1,601 | €910 | -€691 | -43.2% |
| Current assets | 29/58 | €6,651 | €13,490 | +€6,839 | +102.8% |
| Stocks and contracts in progress | 3 | €654 | €654 | = | 0.0% |
| Stocks | 30/36 | €654 | €654 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,700 | €6,389 | +€4,689 | +275.8% |
| Trade receivables | 40 | - | €4,174 | +€4,174 | |
| Other amounts receivable | 41 | €1,700 | €2,214 | +€515 | +30.3% |
| Cash at bank and in hand | 54/58 | €3,570 | €5,720 | +€2,150 | +60.2% |
| Deferred charges and accrued income | 490/1 | €728 | €728 | = | 0.0% |
| Total equity and liabilities | 10/49 | €8,252 | €14,400 | +€6,148 | +74.5% |
| Equity | 10/15 | -€2,889 | €275 | +€3,165 | |
| Profit (loss) carried forward | 14 | -€2,889 | €275 | +€3,165 | |
| Amounts payable | 17/49 | €11,142 | €14,125 | +€2,983 | +26.8% |
| Amounts payable within one year | 42/48 | €11,142 | €14,125 | +€2,983 | +26.8% |
| Trade debts | 44 | €5,034 | €4,315 | -€719 | -14.3% |
| Suppliers | 440/4 | €5,034 | €4,315 | -€719 | -14.3% |
| Taxes, remuneration and social security | 45 | €2,745 | €2,177 | -€568 | -20.7% |
| Taxes | 450/3 | €2,745 | €2,177 | -€568 | -20.7% |
| Other amounts payable | 47/48 | €3,363 | €7,633 | +€4,270 | +127.0% |
| Remuneration, social security and pensions | 62 | €549 | - | -€549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,208 | €691 | -€517 | -42.8% |
| Other operating charges | 640/8 | €414 | €1,035 | +€621 | +150.0% |
| Gross operating margin | 9900 | €8,448 | €5,294 | -€3,154 | -37.3% |
| Operating profit (loss) | 9901 | €6,277 | €3,568 | -€2,710 | -43.2% |
| Financial charges | 65/66B | €1,542 | €403 | -€1,139 | -73.9% |
| Recurring financial charges | 65 | €1,542 | €403 | -€1,139 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €4,735 | €3,165 | -€1,570 | -33.2% |
| Profit (loss) for the period | 9904 | €4,735 | €3,165 | -€1,570 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,735 | €3,165 | -€1,570 | -33.2% |
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 29 September 2026 via checked.be.