STUDIO MXMXM: 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 MXMXM
Largest movements
- Receivables within one year +€11,430
up €11,430 (+207.6%), from €5,505 to €16,935
of which Other amounts receivable: +€9,692
- Tangible fixed assets -€9,148
down €9,148 (-25.0%), from €36,547 to €27,399
of which Furniture and vehicles: -€7,759
- Cash -€6,186
down €6,186 (-21.8%), from €28,354 to €22,169
mainly Contributions, distributions and other (-€12,000) and Receivables within one year (-€11,430)
- Deferred charges and accrued income +€733
up €733 (+29.8%), from €2,460 to €3,194
- Other debts +€12,000
new in 2025: €12,000
- Reserves -€10,370
down €10,370 (-22.9%), from €45,312 to €34,941
- Debts after one year -€4,236
down €4,236 (-31.2%), from €13,576 to €9,340
- Gross operating margin +€2,608
up €2,608 (+25.8%), from €10,126 to €12,734
- Depreciation +€1,126
up €1,126 (+14.0%), from €8,047 to €9,173
- Taxes +€288
up €288 (+99.9%), from €288 to €577
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 | €73,020 | €69,825 | -€3,195 | -4.4% |
| Fixed assets | 21/28 | €36,700 | €27,527 | -€9,173 | -25.0% |
| Intangible fixed assets | 21 | €153 | €128 | -€25 | -16.3% |
| Tangible fixed assets | 22/27 | €36,547 | €27,399 | -€9,148 | -25.0% |
| Plant, machinery and equipment | 23 | €3,153 | €2,111 | -€1,043 | -33.1% |
| Furniture and vehicles | 24 | €31,298 | €23,539 | -€7,759 | -24.8% |
| Other tangible fixed assets | 26 | €2,096 | €1,750 | -€347 | -16.5% |
| Current assets | 29/58 | €36,320 | €42,298 | +€5,978 | +16.5% |
| Amounts receivable within one year | 40/41 | €5,505 | €16,935 | +€11,430 | +207.6% |
| Trade receivables | 40 | €2,644 | €4,382 | +€1,738 | +65.7% |
| Other amounts receivable | 41 | €2,861 | €12,553 | +€9,692 | +338.8% |
| Cash at bank and in hand | 54/58 | €28,354 | €22,169 | -€6,186 | -21.8% |
| Deferred charges and accrued income | 490/1 | €2,460 | €3,194 | +€733 | +29.8% |
| Total equity and liabilities | 10/49 | €73,020 | €69,825 | -€3,195 | -4.4% |
| Equity | 10/15 | €50,312 | €39,941 | -€10,370 | -20.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,312 | €34,941 | -€10,370 | -22.9% |
| Distributable reserves | 133 | €45,312 | €34,941 | -€10,370 | -22.9% |
| Amounts payable | 17/49 | €22,708 | €29,884 | +€7,175 | +31.6% |
| Amounts payable after more than one year | 17 | €13,576 | €9,340 | -€4,236 | -31.2% |
| Financial debts | 170/4 | €13,576 | €9,340 | -€4,236 | -31.2% |
| Amounts payable within one year | 42/48 | €8,833 | €20,544 | +€11,711 | +132.6% |
| Current portion of amounts payable after more than one year | 42 | €4,083 | €4,236 | +€153 | +3.7% |
| Trade debts | 44 | €331 | €188 | -€143 | -43.3% |
| Suppliers | 440/4 | €331 | €188 | -€143 | -43.3% |
| Taxes, remuneration and social security | 45 | €4,420 | €4,120 | -€299 | -6.8% |
| Taxes | 450/3 | €4,420 | €4,120 | -€299 | -6.8% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Accrued charges and deferred income | 492/3 | €300 | - | -€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,047 | €9,173 | +€1,126 | +14.0% |
| Other operating charges | 640/8 | €752 | €644 | -€108 | -14.4% |
| Gross operating margin | 9900 | €10,126 | €12,734 | +€2,608 | +25.8% |
| Operating profit (loss) | 9901 | €1,327 | €2,917 | +€1,590 | +119.9% |
| Financial charges | 65/66B | €769 | €710 | -€59 | -7.6% |
| Recurring financial charges | 65 | €769 | €710 | -€59 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €558 | €2,207 | +€1,649 | +295.6% |
| Income taxes | 67/77 | €288 | €577 | +€288 | +99.9% |
| Profit (loss) for the period | 9904 | €269 | €1,630 | +€1,361 | +505.0% |
| Profit (loss) for the period to be appropriated | 9905 | €269 | €1,630 | +€1,361 | +505.0% |
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 7 October 2026 via checked.be.