Studio M&Tv: 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 M&Tv
Largest movements
- Tangible fixed assets -€3,850
down €3,850 (-46.4%), from €8,305 to €4,455
of which Plant, machinery and equipment: -€3,561
- Cash -€505
down €505 (-53.7%), from €940 to €435
mainly Net result for the year (-€10,922) and Investment in fixed assets (net) (-€268)
- Receivables within one year -€207
down €207 (-58.3%), from €355 to €148
- Deferred charges and accrued income -€185
down €185 (-46.0%), from €402 to €217
- Profit (loss) carried forward -€10,922
down €10,922 (-32.9%), from -€33,180 to -€44,102
- Other debts +€6,136
up €6,136 (+25.1%), from €24,456 to €30,592
- Gross operating margin -€1,676
down €1,676 (-38.1%), from -€4,403 to -€6,080
- Other operating charges -€361
down €361 (-39.9%), from €905 to €544
- Depreciation +€146
up €146 (+3.6%), from €4,023 to €4,168
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 | €10,178 | €5,381 | -€4,797 | -47.1% |
| Fixed assets | 21/28 | €8,481 | €4,581 | -€3,901 | -46.0% |
| Intangible fixed assets | 21 | €177 | €126 | -€51 | -28.6% |
| Tangible fixed assets | 22/27 | €8,305 | €4,455 | -€3,850 | -46.4% |
| Plant, machinery and equipment | 23 | €7,573 | €4,012 | -€3,561 | -47.0% |
| Furniture and vehicles | 24 | €732 | €443 | -€289 | -39.5% |
| Current assets | 29/58 | €1,697 | €800 | -€897 | -52.8% |
| Amounts receivable within one year | 40/41 | €355 | €148 | -€207 | -58.3% |
| Other amounts receivable | 41 | €355 | €148 | -€207 | -58.3% |
| Cash at bank and in hand | 54/58 | €940 | €435 | -€505 | -53.7% |
| Deferred charges and accrued income | 490/1 | €402 | €217 | -€185 | -46.0% |
| Total equity and liabilities | 10/49 | €10,178 | €5,381 | -€4,797 | -47.1% |
| Equity | 10/15 | -€14,580 | -€25,502 | -€10,922 | -74.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,180 | -€44,102 | -€10,922 | -32.9% |
| Amounts payable | 17/49 | €24,758 | €30,883 | +€6,125 | +24.7% |
| Amounts payable within one year | 42/48 | €24,758 | €30,883 | +€6,125 | +24.7% |
| Trade debts | 44 | €302 | €291 | -€10 | -3.5% |
| Suppliers | 440/4 | €302 | €291 | -€10 | -3.5% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €24,456 | €30,592 | +€6,136 | +25.1% |
| Non-recurring operating income | 76A | €4,952 | €0 | -€4,952 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,023 | €4,168 | +€146 | +3.6% |
| Other operating charges | 640/8 | €905 | €544 | -€361 | -39.9% |
| Gross operating margin | 9900 | -€4,403 | -€6,080 | -€1,676 | -38.1% |
| Operating profit (loss) | 9901 | -€9,331 | -€10,792 | -€1,461 | -15.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +30.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +30.0% |
| Financial charges | 65/66B | €101 | €130 | +€29 | +28.8% |
| Recurring financial charges | 65 | €101 | €130 | +€29 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,432 | -€10,922 | -€1,490 | -15.8% |
| Income taxes | 67/77 | €0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€9,432 | -€10,922 | -€1,490 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,432 | -€10,922 | -€1,490 | -15.8% |
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.