STUDIO MAKE STUFF: 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 MAKE STUFF
Largest movements
- Receivables within one year +€13,840
up €13,840 (+62.8%), from €22,022 to €35,862
of which Trade receivables: +€13,486
- Tangible fixed assets -€4,380
down €4,380 (-45.0%), from €9,729 to €5,350
of which Furniture and vehicles: -€3,937
- Deferred charges and accrued income -€3,444
down €3,444 (-53.0%), from €6,493 to €3,049
- Cash -€2,994
down €2,994 (-23.4%), from €12,788 to €9,794
mainly Receivables within one year (-€13,840) and Other debts (-€1,553)
- Reserves +€3,778
up €3,778 (+12.5%), from €30,251 to €34,029
- Other debts -€1,553
down €1,553 (-25.7%), from €6,033 to €4,480
- Gross operating margin -€6,392
down €6,392 (-36.1%), from €17,722 to €11,330
- Depreciation -€2,044
down €2,044 (-35.1%), from €5,821 to €3,777
- Taxes +€1,145
up €1,145 (+81.8%), from €1,399 to €2,544
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,032 | €54,054 | +€3,022 | +5.9% |
| Fixed assets | 21/28 | €9,729 | €5,350 | -€4,380 | -45.0% |
| Tangible fixed assets | 22/27 | €9,729 | €5,350 | -€4,380 | -45.0% |
| Land and buildings | 22 | €645 | €386 | -€258 | -40.1% |
| Plant, machinery and equipment | 23 | €184 | €0 | -€184 | -100.0% |
| Furniture and vehicles | 24 | €8,900 | €4,963 | -€3,937 | -44.2% |
| Current assets | 29/58 | €41,303 | €48,705 | +€7,402 | +17.9% |
| Amounts receivable within one year | 40/41 | €22,022 | €35,862 | +€13,840 | +62.8% |
| Trade receivables | 40 | €21,920 | €35,406 | +€13,486 | +61.5% |
| Other amounts receivable | 41 | €102 | €456 | +€354 | +345.8% |
| Cash at bank and in hand | 54/58 | €12,788 | €9,794 | -€2,994 | -23.4% |
| Deferred charges and accrued income | 490/1 | €6,493 | €3,049 | -€3,444 | -53.0% |
| Total equity and liabilities | 10/49 | €51,032 | €54,054 | +€3,022 | +5.9% |
| Equity | 10/15 | €36,451 | €40,229 | +€3,778 | +10.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,251 | €34,029 | +€3,778 | +12.5% |
| Distributable reserves | 133 | €30,251 | €34,029 | +€3,778 | +12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,581 | €13,825 | -€756 | -5.2% |
| Amounts payable within one year | 42/48 | €14,581 | €13,825 | -€756 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €111 | €401 | +€291 | +261.9% |
| Suppliers | 440/4 | €111 | €401 | +€291 | +261.9% |
| Taxes, remuneration and social security | 45 | €8,437 | €8,944 | +€507 | +6.0% |
| Taxes | 450/3 | €3,492 | €4,771 | +€1,279 | +36.6% |
| Remuneration and social security | 454/9 | €4,945 | €4,173 | -€772 | -15.6% |
| Other amounts payable | 47/48 | €6,033 | €4,480 | -€1,553 | -25.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €13,823 | +€13,823 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,821 | €3,777 | -€2,044 | -35.1% |
| Other operating charges | 640/8 | €757 | €769 | +€12 | +1.6% |
| Non-recurring operating charges | 66A | - | €473 | +€473 | |
| Gross operating margin | 9900 | €17,722 | €11,330 | -€6,392 | -36.1% |
| Operating profit (loss) | 9901 | €11,144 | €6,310 | -€4,833 | -43.4% |
| Financial income | 75/76B | €101 | €12 | -€89 | -88.1% |
| Recurring financial income | 75 | €101 | €12 | -€89 | -88.1% |
| Financial charges | 65/66B | €140 | €0 | -€140 | -100.0% |
| Recurring financial charges | 65 | €140 | €0 | -€140 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €11,105 | €6,322 | -€4,782 | -43.1% |
| Income taxes | 67/77 | €1,399 | €2,544 | +€1,145 | +81.8% |
| Profit (loss) for the period | 9904 | €9,705 | €3,778 | -€5,927 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,705 | €3,778 | -€5,927 | -61.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.