STUDIO K & T: 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 K & T
Largest movements
- Cash +€12,660
up €12,660 (+46.5%), from €27,204 to €39,864
mainly Depreciation (+€8,473) and Trade debts (+€6,101)
- Receivables within one year +€4,088
up €4,088 (+162.0%), from €2,524 to €6,611
of which Trade receivables: +€4,704
- Stocks and contracts -€800
no longer reported in 2025 (was €800)
- Tangible fixed assets +€758
up €758 (+3.7%), from €20,237 to €20,996
of which Other tangible fixed assets: +€6,198
- Trade debts +€6,101
up €6,101 (+101.8%), from €5,993 to €12,094
- Other debts +€4,184
up €4,184 (+55.5%), from €7,534 to €11,717
- Profit (loss) carried forward +€4,133
up €4,133 (+36.0%), from -€11,468 to -€7,335
- Tax, wage and social debts +€2,423
up €2,423 (+72.7%), from €3,331 to €5,754
of which Taxes: +€2,416
- Gross operating margin +€17,402
up €17,402 (+152.7%), from €11,400 to €28,801
- Staff costs +€4,620
up €4,620 (+78.4%), from €5,894 to €10,514
- Taxes +€1,973
up €1,973 (+208.9%), from €944 to €2,918
- Depreciation +€659
up €659 (+8.4%), from €7,814 to €8,473
- Other operating charges +€657
up €657 (+34.2%), from €1,921 to €2,578
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 | €53,110 | €69,777 | +€16,668 | +31.4% |
| Fixed assets | 21/28 | €20,327 | €21,086 | +€758 | +3.7% |
| Tangible fixed assets | 22/27 | €20,237 | €20,996 | +€758 | +3.7% |
| Plant, machinery and equipment | 23 | €499 | €299 | -€200 | -40.0% |
| Furniture and vehicles | 24 | €7,470 | €3,429 | -€4,040 | -54.1% |
| Leasing and similar rights | 25 | €2,515 | €1,315 | -€1,200 | -47.7% |
| Other tangible fixed assets | 26 | €9,754 | €15,952 | +€6,198 | +63.5% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €32,782 | €48,692 | +€15,910 | +48.5% |
| Stocks and contracts in progress | 3 | €800 | - | -€800 | |
| Stocks | 30/36 | €800 | - | -€800 | |
| Amounts receivable within one year | 40/41 | €2,524 | €6,611 | +€4,088 | +162.0% |
| Trade receivables | 40 | €1,908 | €6,611 | +€4,704 | +246.5% |
| Other amounts receivable | 41 | €616 | - | -€616 | |
| Cash at bank and in hand | 54/58 | €27,204 | €39,864 | +€12,660 | +46.5% |
| Deferred charges and accrued income | 490/1 | €2,255 | €2,216 | -€39 | -1.7% |
| Total equity and liabilities | 10/49 | €53,110 | €69,777 | +€16,668 | +31.4% |
| Equity | 10/15 | €11,131 | €15,264 | +€4,133 | +37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,999 | €3,999 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,759 | €2,759 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,468 | -€7,335 | +€4,133 | +36.0% |
| Amounts payable | 17/49 | €41,979 | €54,514 | +€12,535 | +29.9% |
| Amounts payable after more than one year | 17 | €23,000 | €23,000 | = | 0.0% |
| Financial debts | 170/4 | €23,000 | €23,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,179 | €29,714 | +€12,535 | +73.0% |
| Current portion of amounts payable after more than one year | 42 | €322 | €149 | -€173 | -53.9% |
| Trade debts | 44 | €5,993 | €12,094 | +€6,101 | +101.8% |
| Suppliers | 440/4 | €5,993 | €12,094 | +€6,101 | +101.8% |
| Taxes, remuneration and social security | 45 | €3,331 | €5,754 | +€2,423 | +72.7% |
| Taxes | 450/3 | €1,433 | €3,850 | +€2,416 | +168.6% |
| Remuneration and social security | 454/9 | €1,897 | €1,904 | +€7 | +0.4% |
| Other amounts payable | 47/48 | €7,534 | €11,717 | +€4,184 | +55.5% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,800 | = | 0.0% |
| Non-recurring operating income | 76A | €799 | - | -€799 | |
| Remuneration, social security and pensions | 62 | €5,894 | €10,514 | +€4,620 | +78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,814 | €8,473 | +€659 | +8.4% |
| Other operating charges | 640/8 | €1,921 | €2,578 | +€657 | +34.2% |
| Gross operating margin | 9900 | €11,400 | €28,801 | +€17,402 | +152.7% |
| Operating profit (loss) | 9901 | -€4,229 | €7,236 | +€11,466 | |
| Financial income | 75/76B | €1 | €31 | +€30 | +2958.8% |
| Recurring financial income | 75 | €1 | €31 | +€30 | +2958.8% |
| Financial charges | 65/66B | €230 | €217 | -€13 | -5.7% |
| Recurring financial charges | 65 | €230 | €217 | -€13 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,458 | €7,051 | +€11,509 | |
| Income taxes | 67/77 | €944 | €2,918 | +€1,973 | +208.9% |
| Profit (loss) for the period | 9904 | -€5,403 | €4,133 | +€9,536 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,403 | €4,133 | +€9,536 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.