STUDIO KROLLENBOL: 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 KROLLENBOL
Largest movements
- Receivables after one year +€46,784
new in 2025: €46,784
- Receivables within one year -€24,064
down €24,064 (-90.7%), from €26,520 to €2,456
of which Trade receivables: -€26,520
- Tangible fixed assets -€17,723
down €17,723 (-9.5%), from €186,438 to €168,715
of which Land and buildings: -€9,694
- Cash -€6,220
down €6,220 (-46.1%), from €13,491 to €7,271
mainly Receivables after one year (-€46,784) and Debts after one year (-€17,371)
- Profit (loss) carried forward +€24,313
up €24,313 (+26.1%), from -€93,024 to -€68,711
- Debts after one year -€17,371
down €17,371 (-7.5%), from €231,005 to €213,634
- Tax, wage and social debts -€6,829
down €6,829 (-68.2%), from €10,016 to €3,186
of which Taxes: -€5,488
- Trade debts -€2,391
down €2,391 (-53.4%), from €4,474 to €2,083
- Gross operating margin +€12,634
up €12,634 (+15.8%), from €80,150 to €92,784
- Staff costs +€9,468
up €9,468 (+30.3%), from €31,266 to €40,734
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,026 | €237,016 | -€10 | 0.0% |
| Fixed assets | 21/28 | €186,438 | €168,715 | -€17,723 | -9.5% |
| Tangible fixed assets | 22/27 | €186,438 | €168,715 | -€17,723 | -9.5% |
| Land and buildings | 22 | €155,912 | €146,218 | -€9,694 | -6.2% |
| Plant, machinery and equipment | 23 | €3,203 | €2,638 | -€565 | -17.7% |
| Furniture and vehicles | 24 | €3,748 | €1,208 | -€2,540 | -67.8% |
| Other tangible fixed assets | 26 | €23,575 | €18,651 | -€4,924 | -20.9% |
| Current assets | 29/58 | €50,588 | €68,301 | +€17,713 | +35.0% |
| Amounts receivable after more than one year | 29 | - | €46,784 | +€46,784 | |
| Other amounts receivable | 291 | - | €46,784 | +€46,784 | |
| Stocks and contracts in progress | 3 | €10,534 | €11,770 | +€1,236 | +11.7% |
| Stocks | 30/36 | €10,534 | €11,770 | +€1,236 | +11.7% |
| Amounts receivable within one year | 40/41 | €26,520 | €2,456 | -€24,064 | -90.7% |
| Trade receivables | 40 | €26,520 | - | -€26,520 | |
| Other amounts receivable | 41 | - | €2,456 | +€2,456 | |
| Cash at bank and in hand | 54/58 | €13,491 | €7,271 | -€6,220 | -46.1% |
| Deferred charges and accrued income | 490/1 | €43 | €20 | -€23 | -52.9% |
| Total equity and liabilities | 10/49 | €237,026 | €237,016 | -€10 | 0.0% |
| Equity | 10/15 | -€53,024 | -€28,711 | +€24,313 | +45.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,024 | -€68,711 | +€24,313 | +26.1% |
| Amounts payable | 17/49 | €290,049 | €265,727 | -€24,323 | -8.4% |
| Amounts payable after more than one year | 17 | €231,005 | €213,634 | -€17,371 | -7.5% |
| Financial debts | 170/4 | €231,005 | €213,634 | -€17,371 | -7.5% |
| Amounts payable within one year | 42/48 | €59,044 | €52,093 | -€6,952 | -11.8% |
| Current portion of amounts payable after more than one year | 42 | €16,917 | €17,371 | +€454 | +2.7% |
| Trade debts | 44 | €4,474 | €2,083 | -€2,391 | -53.4% |
| Suppliers | 440/4 | €4,474 | €2,083 | -€2,391 | -53.4% |
| Taxes, remuneration and social security | 45 | €10,016 | €3,186 | -€6,829 | -68.2% |
| Taxes | 450/3 | €5,488 | - | -€5,488 | |
| Remuneration and social security | 454/9 | €4,528 | €3,186 | -€1,342 | -29.6% |
| Other amounts payable | 47/48 | €27,638 | €29,453 | +€1,815 | +6.6% |
| Remuneration, social security and pensions | 62 | €31,266 | €40,734 | +€9,468 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,822 | €17,723 | -€99 | -0.6% |
| Other operating charges | 640/8 | €3,201 | €3,356 | +€154 | +4.8% |
| Gross operating margin | 9900 | €80,150 | €92,784 | +€12,634 | +15.8% |
| Operating profit (loss) | 9901 | €27,861 | €30,971 | +€3,111 | +11.2% |
| Financial income | 75/76B | €0 | €105 | +€105 | +525,000% |
| Recurring financial income | 75 | €0 | €105 | +€105 | +525,000% |
| Financial charges | 65/66B | €7,164 | €6,763 | -€401 | -5.6% |
| Recurring financial charges | 65 | €7,164 | €6,763 | -€401 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €20,696 | €24,313 | +€3,617 | +17.5% |
| Profit (loss) for the period | 9904 | €20,696 | €24,313 | +€3,617 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,696 | €24,313 | +€3,617 | +17.5% |
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 19 October 2026 via checked.be.