Studio Locus: 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 Locus
Largest movements
- Cash +€48,127
up €48,127 (+234.7%), from €20,506 to €68,633
mainly Net result for the year (+€36,960) and Receivables within one year (+€17,725)
- Receivables within one year -€17,725
down €17,725 (-36.1%), from €49,095 to €31,369
of which Trade receivables: -€17,592
- Tangible fixed assets +€10,457
up €10,457 (+15.8%), from €66,138 to €76,595
of which Furniture and vehicles: +€14,323
- Reserves +€36,960
up €36,960 (+435.2%), from €8,492 to €45,452
- Other debts -€13,758
down €13,758 (-13.4%), from €102,467 to €88,709
- Trade debts +€12,576
up €12,576 (+90.1%), from €13,955 to €26,531
- Tax, wage and social debts +€3,133
up €3,133 (+136.6%), from €2,294 to €5,427
- Gross operating margin +€33,993
up €33,993 (+112.5%), from €30,209 to €64,202
- Taxes +€12,051
up €12,051 (+395.8%), from €3,045 to €15,095
- Other operating charges -€4,790
down €4,790 (-76.4%), from €6,267 to €1,478
- Financial income +€2,500
up €2,500 (+2913.4%), from €86 to €2,586
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 | €137,209 | €177,763 | +€40,554 | +29.6% |
| Fixed assets | 21/28 | €66,238 | €76,695 | +€10,457 | +15.8% |
| Tangible fixed assets | 22/27 | €66,138 | €76,595 | +€10,457 | +15.8% |
| Plant, machinery and equipment | 23 | €48,328 | €44,462 | -€3,866 | -8.0% |
| Furniture and vehicles | 24 | €17,810 | €32,133 | +€14,323 | +80.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €70,971 | €101,068 | +€30,097 | +42.4% |
| Stocks and contracts in progress | 3 | €1,357 | €1,000 | -€357 | -26.3% |
| Stocks | 30/36 | €1,357 | €1,000 | -€357 | -26.3% |
| Amounts receivable within one year | 40/41 | €49,095 | €31,369 | -€17,725 | -36.1% |
| Trade receivables | 40 | €43,632 | €26,041 | -€17,592 | -40.3% |
| Other amounts receivable | 41 | €5,463 | €5,329 | -€134 | -2.4% |
| Cash at bank and in hand | 54/58 | €20,506 | €68,633 | +€48,127 | +234.7% |
| Deferred charges and accrued income | 490/1 | €13 | €66 | +€52 | +390.4% |
| Total equity and liabilities | 10/49 | €137,209 | €177,763 | +€40,554 | +29.6% |
| Equity | 10/15 | €18,492 | €55,452 | +€36,960 | +199.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,492 | €45,452 | +€36,960 | +435.2% |
| Distributable reserves | 133 | €8,492 | €45,452 | +€36,960 | +435.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €118,717 | €122,311 | +€3,594 | +3.0% |
| Amounts payable within one year | 42/48 | €118,717 | €120,668 | +€1,951 | +1.6% |
| Trade debts | 44 | €13,955 | €26,531 | +€12,576 | +90.1% |
| Suppliers | 440/4 | €13,955 | €26,531 | +€12,576 | +90.1% |
| Taxes, remuneration and social security | 45 | €2,294 | €5,427 | +€3,133 | +136.6% |
| Taxes | 450/3 | €2,294 | €5,427 | +€3,133 | +136.6% |
| Other amounts payable | 47/48 | €102,467 | €88,709 | -€13,758 | -13.4% |
| Accrued charges and deferred income | 492/3 | €0 | €1,643 | +€1,643 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,619 | €11,817 | +€198 | +1.7% |
| Other operating charges | 640/8 | €6,267 | €1,478 | -€4,790 | -76.4% |
| Gross operating margin | 9900 | €30,209 | €64,202 | +€33,993 | +112.5% |
| Operating profit (loss) | 9901 | €12,322 | €50,908 | +€38,585 | +313.1% |
| Financial income | 75/76B | €86 | €2,586 | +€2,500 | +2913.4% |
| Recurring financial income | 75 | €86 | €2,586 | +€2,500 | +2913.4% |
| Financial charges | 65/66B | €988 | €1,438 | +€450 | +45.5% |
| Recurring financial charges | 65 | €988 | €1,438 | +€450 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €11,420 | €52,055 | +€40,636 | +355.8% |
| Income taxes | 67/77 | €3,045 | €15,095 | +€12,051 | +395.8% |
| Profit (loss) for the period | 9904 | €8,375 | €36,960 | +€28,585 | +341.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,375 | €36,960 | +€28,585 | +341.3% |
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 8 October 2026 via checked.be.