Studio Haifax: 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.
What changed
Studio Haifax
NACE 90.393, Specialised image, lighting and sound technical services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€443,085
2024 · €230,393+€212,692
Equity
€240,275
2024 · -€202,810+€443,085
Cash
€185,434
2024 · €160,638+€24,796
Balance sheet total
€3.2m
2024 · €3.0m+€240,715
Largest movements
Assets
- Tangible fixed assets +€161,869
up €161,869 (+6.3%), from €2.6m to €2.7m
of which Plant, machinery and equipment: +€165,890
- Receivables within one year +€76,847
up €76,847 (+38.3%), from €200,622 to €277,469
of which Trade receivables: +€75,950
Equity and liabilities
- Profit (loss) carried forward +€443,085
up €443,085 (+80.3%), from -€551,772 to -€108,687
- Debts after one year -€124,511
down €124,511 (-4.7%), from €2.6m to €2.5m
- Tax, wage and social debts -€48,180
down €48,180 (-49.9%), from €96,571 to €48,391
of which Taxes: -€45,318
Income statement
- Gross operating margin +€225,830
up €225,830 (+24.0%), from €941,637 to €1.2m
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.
Result 2024
€230,393
Gross operating margin
+€225,830
Staff costs
-€6,606
Depreciation
+€2,827
Other operating charges
-€2,277
Other operating items
-€566
Financial income
-€5,874
Financial charges
-€669
Taxes
+€26
Result 2025
€443,085
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€843,285
Investment
-€670,673
Financing
-€147,816
Cash 2024
€160,638
From operations (derived)
+€843,285
Net result for the year
+€443,085
Depreciation
+€508,804
Receivables within one year
-€76,847
Deferred charges and accrued income
+€22,797
Smaller working-capital items
-€1,219
Tax, wage and social debts
-€48,180
Other debts
-€5,155
Investment (derived)
-€670,673
Investment in fixed assets (net)
-€670,673
Financing
-€147,816
Debts after one year
-€124,511
Current portion of long-term debt
-€23,305
Cash 2025
€185,434
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,951,798 | €3,192,513 | +€240,715 | +8.2% |
| Fixed assets | 21/28 | €2,555,897 | €2,717,766 | +€161,869 | +6.3% |
| Tangible fixed assets | 22/27 | €2,555,067 | €2,716,937 | +€161,869 | +6.3% |
| Land and buildings | 22 | €268,842 | €273,876 | +€5,034 | +1.9% |
| Plant, machinery and equipment | 23 | €1,237,523 | €1,403,412 | +€165,890 | +13.4% |
| Furniture and vehicles | 24 | €89,953 | €61,348 | -€28,605 | -31.8% |
| Leasing and similar rights | 25 | €958,750 | €978,301 | +€19,551 | +2.0% |
| Financial fixed assets | 28 | €830 | €830 | = | 0.0% |
| Current assets | 29/58 | €395,901 | €474,746 | +€78,846 | +19.9% |
| Amounts receivable within one year | 40/41 | €200,622 | €277,469 | +€76,847 | +38.3% |
| Trade receivables | 40 | €200,500 | €276,450 | +€75,950 | +37.9% |
| Other amounts receivable | 41 | €122 | €1,019 | +€897 | +735% |
| Cash at bank and in hand | 54/58 | €160,638 | €185,434 | +€24,796 | +15.4% |
| Deferred charges and accrued income | 490/1 | €34,641 | €11,843 | -€22,797 | -65.8% |
| Total equity and liabilities | 10/49 | €2,951,798 | €3,192,513 | +€240,715 | +8.2% |
| Equity | 10/15 | -€202,810 | €240,275 | +€443,085 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €330,362 | €330,362 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €328,502 | €328,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€551,772 | -€108,687 | +€443,085 | +80.3% |
| Amounts payable | 17/49 | €3,154,607 | €2,952,237 | -€202,370 | -6.4% |
| Amounts payable after more than one year | 17 | €2,644,042 | €2,519,531 | -€124,511 | -4.7% |
| Financial debts | 170/4 | €2,644,042 | €2,519,531 | -€124,511 | -4.7% |
| Amounts payable within one year | 42/48 | €510,566 | €432,551 | -€78,015 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €252,079 | €228,774 | -€23,305 | -9.2% |
| Trade debts | 44 | €129,941 | €128,567 | -€1,374 | -1.1% |
| Suppliers | 440/4 | €129,941 | €128,567 | -€1,374 | -1.1% |
| Taxes, remuneration and social security | 45 | €96,571 | €48,391 | -€48,180 | -49.9% |
| Taxes | 450/3 | €69,970 | €24,652 | -€45,318 | -64.8% |
| Remuneration and social security | 454/9 | €26,601 | €23,739 | -€2,863 | -10.8% |
| Other amounts payable | 47/48 | €31,974 | €26,819 | -€5,155 | -16.1% |
| Accrued charges and deferred income | 492/3 | - | €155 | +€155 | |
| Remuneration, social security and pensions | 62 | €140,698 | €147,304 | +€6,606 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €511,631 | €508,804 | -€2,827 | -0.6% |
| Other operating charges | 640/8 | €26,514 | €28,791 | +€2,277 | +8.6% |
| Non-recurring operating charges | 66A | €1,087 | €1,652 | +€566 | +52.1% |
| Gross operating margin | 9900 | €941,637 | €1,167,467 | +€225,830 | +24.0% |
| Operating profit (loss) | 9901 | €261,707 | €480,915 | +€219,208 | +83.8% |
| Financial income | 75/76B | €8,331 | €2,457 | -€5,874 | -70.5% |
| Recurring financial income | 75 | €7,138 | €2,433 | -€4,705 | -65.9% |
| Non-recurring financial income | 76B | €1,193 | €24 | -€1,169 | -98.0% |
| Financial charges | 65/66B | €39,206 | €39,875 | +€669 | +1.7% |
| Recurring financial charges | 65 | €39,206 | €39,875 | +€669 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €230,832 | €443,497 | +€212,665 | +92.1% |
| Income taxes | 67/77 | €438 | €412 | -€26 | -6.0% |
| Profit (loss) for the period | 9904 | €230,393 | €443,085 | +€212,692 | +92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €230,393 | €443,085 | +€212,692 | +92.3% |
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 30 October 2026 via checked.be.