Studio Matrix: 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 Matrix
Largest movements
- Tangible fixed assets +€8,259
up €8,259 (+707.1%), from €1,168 to €9,427
of which Furniture and vehicles: +€5,846
- Receivables within one year -€3,087
down €3,087 (-13.1%), from €23,499 to €20,413
of which Trade receivables: -€3,087
- Cash +€2,461
up €2,461 (+20.3%), from €12,131 to €14,592
mainly Net result for the year (+€74,513) and Receivables within one year (+€3,087)
- Stocks and contracts -€2,355
down €2,355 (-33.6%), from €7,000 to €4,645
- Profit (loss) carried forward +€74,513
up €74,513 (+21.6%), from -€344,460 to -€269,947
- Debts after one year -€61,528
down €61,528 (-14.8%), from €414,408 to €352,880
- Trade debts -€5,545
down €5,545 (-53.8%), from €10,301 to €4,757
- Tax, wage and social debts -€1,913
down €1,913 (-24.9%), from €7,688 to €5,775
- Gross operating margin +€112,370
up €112,370, from -€35,022 to €77,348
- Financial income -€2,928
down €2,928 (-100.0%), from €2,928 to €0
of which Financial income: -€2,628
- Depreciation +€1,115
up €1,115 (+1146.8%), from €97 to €1,212
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 | €115,206 | €120,734 | +€5,528 | +4.8% |
| Fixed assets | 21/28 | €2,573 | €10,832 | +€8,259 | +321.0% |
| Tangible fixed assets | 22/27 | €1,168 | €9,427 | +€8,259 | +707.1% |
| Plant, machinery and equipment | 23 | €1,168 | €3,580 | +€2,412 | +206.6% |
| Furniture and vehicles | 24 | - | €5,846 | +€5,846 | |
| Financial fixed assets | 28 | €1,405 | €1,405 | = | 0.0% |
| Current assets | 29/58 | €112,633 | €109,902 | -€2,731 | -2.4% |
| Amounts receivable after more than one year | 29 | €69,626 | €69,626 | = | 0.0% |
| Other amounts receivable | 291 | €69,626 | €69,626 | = | 0.0% |
| Stocks and contracts in progress | 3 | €7,000 | €4,645 | -€2,355 | -33.6% |
| Stocks | 30/36 | €7,000 | €4,645 | -€2,355 | -33.6% |
| Amounts receivable within one year | 40/41 | €23,499 | €20,413 | -€3,087 | -13.1% |
| Trade receivables | 40 | €23,499 | €20,413 | -€3,087 | -13.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,131 | €14,592 | +€2,461 | +20.3% |
| Deferred charges and accrued income | 490/1 | €376 | €626 | +€250 | +66.3% |
| Total equity and liabilities | 10/49 | €115,206 | €120,734 | +€5,528 | +4.8% |
| Equity | 10/15 | -€317,192 | -€242,678 | +€74,513 | +23.5% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€344,460 | -€269,947 | +€74,513 | +21.6% |
| Amounts payable | 17/49 | €432,398 | €363,412 | -€68,986 | -16.0% |
| Amounts payable after more than one year | 17 | €414,408 | €352,880 | -€61,528 | -14.8% |
| Other amounts payable | 178/9 | €414,408 | €352,880 | -€61,528 | -14.8% |
| Amounts payable within one year | 42/48 | €17,990 | €10,532 | -€7,458 | -41.5% |
| Trade debts | 44 | €10,301 | €4,757 | -€5,545 | -53.8% |
| Suppliers | 440/4 | €10,301 | €4,757 | -€5,545 | -53.8% |
| Taxes, remuneration and social security | 45 | €7,688 | €5,775 | -€1,913 | -24.9% |
| Taxes | 450/3 | €7,688 | €5,775 | -€1,913 | -24.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €3,769 | +€3,769 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97 | €1,212 | +€1,115 | +1146.8% |
| Other operating charges | 640/8 | €448 | €966 | +€518 | +115.6% |
| Gross operating margin | 9900 | -€35,022 | €77,348 | +€112,370 | |
| Operating profit (loss) | 9901 | -€35,567 | €75,170 | +€110,737 | |
| Financial income | 75/76B | €2,928 | €0 | -€2,928 | -100.0% |
| Recurring financial income | 75 | €2,628 | €0 | -€2,628 | -100.0% |
| Non-recurring financial income | 76B | €300 | €0 | -€300 | -100.0% |
| Financial charges | 65/66B | €710 | €560 | -€149 | -21.1% |
| Recurring financial charges | 65 | €710 | €560 | -€149 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,350 | €74,609 | +€107,959 | |
| Income taxes | 67/77 | - | €96 | +€96 | |
| Profit (loss) for the period | 9904 | -€33,350 | €74,513 | +€107,863 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,350 | €74,513 | +€107,863 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.