STUDIO MONK: 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 MONK
Largest movements
- Current investments -€140,472
down €140,472 (-78.9%), from €178,032 to €37,560
- Receivables within one year +€110,271
up €110,271 (+638.5%), from €17,271 to €127,542
of which Other amounts receivable: +€93,727
- Cash -€24,582
down €24,582 (-51.6%), from €47,607 to €23,025
mainly Receivables within one year (-€110,271) and Contributions, distributions and other (-€22,000)
- Tangible fixed assets +€10,267
up €10,267 (+283.3%), from €3,624 to €13,891
- Deferred charges and accrued income -€2,720
down €2,720 (-62.6%), from €4,345 to €1,625
- Reserves -€22,000
down €22,000 (-11.0%), from €200,860 to €178,860
- Other debts -€18,189
down €18,189 (-100.0%), from €18,189 to €0
- Tax, wage and social debts -€4,992
down €4,992 (-29.6%), from €16,859 to €11,867
of which Remuneration and social security: -€5,250
- Profit (loss) carried forward -€3,475
down €3,475 (-77.8%), from €4,468 to €993
- Gross operating margin -€19,653
down €19,653, from €18,417 to -€1,236
- Taxes -€4,727
down €4,727 (-97.3%), from €4,859 to €132
- Financial income +€2,324
up €2,324 (+452.9%), from €513 to €2,838
- Financial charges -€2,018
down €2,018 (-71.0%), from €2,843 to €825
- Depreciation +€1,167
up €1,167 (+39.5%), from €2,952 to €4,119
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 | €250,880 | €203,643 | -€47,237 | -18.8% |
| Fixed assets | 21/28 | €3,624 | €13,891 | +€10,267 | +283.3% |
| Tangible fixed assets | 22/27 | €3,624 | €13,891 | +€10,267 | +283.3% |
| Furniture and vehicles | 24 | €3,624 | €13,891 | +€10,267 | +283.3% |
| Current assets | 29/58 | €247,256 | €189,752 | -€57,503 | -23.3% |
| Amounts receivable within one year | 40/41 | €17,271 | €127,542 | +€110,271 | +638.5% |
| Trade receivables | 40 | €10,781 | €27,324 | +€16,543 | +153.4% |
| Other amounts receivable | 41 | €6,490 | €100,218 | +€93,727 | +1444.2% |
| Current investments | 50/53 | €178,032 | €37,560 | -€140,472 | -78.9% |
| Cash at bank and in hand | 54/58 | €47,607 | €23,025 | -€24,582 | -51.6% |
| Deferred charges and accrued income | 490/1 | €4,345 | €1,625 | -€2,720 | -62.6% |
| Total equity and liabilities | 10/49 | €250,880 | €203,643 | -€47,237 | -18.8% |
| Equity | 10/15 | €211,528 | €186,053 | -€25,475 | -12.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200,860 | €178,860 | -€22,000 | -11.0% |
| Distributable reserves | 133 | €200,860 | €178,860 | -€22,000 | -11.0% |
| Profit (loss) carried forward | 14 | €4,468 | €993 | -€3,475 | -77.8% |
| Amounts payable | 17/49 | €39,352 | €17,590 | -€21,762 | -55.3% |
| Amounts payable within one year | 42/48 | €39,352 | €17,590 | -€21,762 | -55.3% |
| Financial debts | 43 | €108 | €758 | +€650 | +599.8% |
| Other loans | 439 | €108 | €758 | +€650 | +599.8% |
| Trade debts | 44 | €4,195 | €4,965 | +€770 | +18.4% |
| Suppliers | 440/4 | €4,195 | €4,965 | +€770 | +18.4% |
| Taxes, remuneration and social security | 45 | €16,859 | €11,867 | -€4,992 | -29.6% |
| Taxes | 450/3 | €11,609 | €11,867 | +€258 | +2.2% |
| Remuneration and social security | 454/9 | €5,250 | €0 | -€5,250 | -100.0% |
| Other amounts payable | 47/48 | €18,189 | €0 | -€18,189 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,952 | €4,119 | +€1,167 | +39.5% |
| Other operating charges | 640/8 | €935 | €0 | -€935 | -100.0% |
| Gross operating margin | 9900 | €18,417 | -€1,236 | -€19,653 | |
| Operating profit (loss) | 9901 | €14,530 | -€5,355 | -€19,885 | |
| Financial income | 75/76B | €513 | €2,838 | +€2,324 | +452.9% |
| Recurring financial income | 75 | €513 | €2,838 | +€2,324 | +452.9% |
| Financial charges | 65/66B | €2,843 | €825 | -€2,018 | -71.0% |
| Recurring financial charges | 65 | €2,843 | €825 | -€2,018 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | €12,199 | -€3,343 | -€15,542 | |
| Income taxes | 67/77 | €4,859 | €132 | -€4,727 | -97.3% |
| Profit (loss) for the period | 9904 | €7,341 | -€3,475 | -€10,816 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,341 | -€3,475 | -€10,816 |
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 6 October 2026 via checked.be.