Studio Juan: 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 Juan
Largest movements
- Intangible fixed assets -€30,000
down €30,000 (-30.1%), from €99,781 to €69,781
- Cash +€26,034
up €26,034 (+184.2%), from €14,131 to €40,165
mainly Depreciation (+€37,270) and Net result for the year (+€24,812)
- Receivables within one year -€11,138
down €11,138 (-15.8%), from €70,515 to €59,376
- Tangible fixed assets -€5,340
down €5,340 (-53.3%), from €10,013 to €4,673
- Debts after one year -€30,665
down €30,665 (-40.2%), from €76,283 to €45,618
- Reserves +€25,000
up €25,000 (+46.3%), from €54,000 to €79,000
- Tax, wage and social debts -€7,241
down €7,241 (-53.5%), from €13,542 to €6,301
of which Taxes: -€5,241
- Other debts -€4,870
down €4,870 (-37.6%), from €12,937 to €8,068
- Gross operating margin -€5,039
down €5,039 (-6.3%), from €79,917 to €74,877
- Financial charges -€1,157
down €1,157 (-22.6%), from €5,111 to €3,955
- Depreciation +€996
up €996 (+2.7%), from €36,274 to €37,270
- Taxes -€824
down €824 (-9.7%), from €8,538 to €7,714
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 | €195,149 | €176,066 | -€19,083 | -9.8% |
| Fixed assets | 21/28 | €109,794 | €74,454 | -€35,340 | -32.2% |
| Intangible fixed assets | 21 | €99,781 | €69,781 | -€30,000 | -30.1% |
| Tangible fixed assets | 22/27 | €10,013 | €4,673 | -€5,340 | -53.3% |
| Furniture and vehicles | 24 | €10,013 | €4,673 | -€5,340 | -53.3% |
| Current assets | 29/58 | €85,355 | €101,613 | +€16,258 | +19.0% |
| Amounts receivable within one year | 40/41 | €70,515 | €59,376 | -€11,138 | -15.8% |
| Trade receivables | 40 | €70,515 | €59,376 | -€11,138 | -15.8% |
| Cash at bank and in hand | 54/58 | €14,131 | €40,165 | +€26,034 | +184.2% |
| Deferred charges and accrued income | 490/1 | €709 | €2,072 | +€1,362 | +192.0% |
| Total equity and liabilities | 10/49 | €195,149 | €176,066 | -€19,083 | -9.8% |
| Equity | 10/15 | €56,856 | €81,668 | +€24,812 | +43.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €54,000 | €79,000 | +€25,000 | +46.3% |
| Distributable reserves | 133 | €54,000 | €79,000 | +€25,000 | +46.3% |
| Profit (loss) carried forward | 14 | €856 | €668 | -€188 | -22.0% |
| Amounts payable | 17/49 | €138,293 | €94,399 | -€43,895 | -31.7% |
| Amounts payable after more than one year | 17 | €76,283 | €45,618 | -€30,665 | -40.2% |
| Financial debts | 170/4 | €76,283 | €45,618 | -€30,665 | -40.2% |
| Amounts payable within one year | 42/48 | €61,312 | €48,642 | -€12,669 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €29,451 | €30,665 | +€1,214 | +4.1% |
| Trade debts | 44 | €5,381 | €3,608 | -€1,773 | -32.9% |
| Suppliers | 440/4 | €5,381 | €3,608 | -€1,773 | -32.9% |
| Taxes, remuneration and social security | 45 | €13,542 | €6,301 | -€7,241 | -53.5% |
| Taxes | 450/3 | €11,542 | €6,301 | -€5,241 | -45.4% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €12,937 | €8,068 | -€4,870 | -37.6% |
| Accrued charges and deferred income | 492/3 | €699 | €138 | -€560 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,274 | €37,270 | +€996 | +2.7% |
| Other operating charges | 640/8 | €1,094 | €1,127 | +€34 | +3.1% |
| Gross operating margin | 9900 | €79,917 | €74,877 | -€5,039 | -6.3% |
| Operating profit (loss) | 9901 | €42,549 | €36,480 | -€6,069 | -14.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,111 | €3,955 | -€1,157 | -22.6% |
| Recurring financial charges | 65 | €5,111 | €3,955 | -€1,157 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €37,438 | €32,526 | -€4,912 | -13.1% |
| Income taxes | 67/77 | €8,538 | €7,714 | -€824 | -9.7% |
| Profit (loss) for the period | 9904 | €28,900 | €24,812 | -€4,088 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,900 | €24,812 | -€4,088 | -14.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.