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Studio Nevermind: 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.

What changed

Studio Nevermind

BE 0746.757.567
NACE 74.130, Interior design
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€7,342
2024 · -€28,688+€21,346
Equity
-€383,717
2024 · -€376,375-€7,342
Cash
€1,782
2024 · €459+€1,322
Balance sheet total
€3,072
2024 · €16,169-€13,096

Largest movements

2024 to 2025
Assets
  • Intangible fixed assets -€7,953

    no longer reported in 2025 (was €7,953)

  • Receivables within one year -€5,736

    down €5,736 (-89.8%), from €6,388 to €652

    of which Trade receivables: -€6,045

  • Cash +€1,322

    up €1,322 (+287.8%), from €459 to €1,782

    mainly Accrued charges and deferred income (+€12,539) and Depreciation (+€8,683)

  • Tangible fixed assets -€729

    down €729 (-53.3%), from €1,368 to €639

Equity and liabilities
  • Trade debts -€23,794

    down €23,794 (-39.4%), from €60,349 to €36,555

  • Accrued charges and deferred income +€12,539

    up €12,539 (+20.9%), from €60,084 to €72,623

  • Profit (loss) carried forward -€7,342

    down €7,342 (-1.8%), from -€416,375 to -€423,717

  • Debts after one year +€5,500

    up €5,500 (+2.0%), from €270,000 to €275,500

Income statement
  • Financial income +€20,966

    up €20,966 (+4169.9%), from €503 to €21,469

  • Gross operating margin -€4,665

    down €4,665 (-243.1%), from -€1,919 to -€6,585

  • Financial charges -€3,692

    down €3,692 (-22.7%), from €16,292 to €12,599

  • Depreciation -€1,707

    down €1,707 (-16.4%), from €10,389 to €8,683

  • Other operating charges +€353

    up €353 (+59.8%), from €590 to €943

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€28,688
Gross operating margin -€4,665
Depreciation +€1,707
Other operating charges -€353
Financial income +€20,966
Financial charges +€3,692
Result 2025 -€7,342

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4,178
Investment €0
Financing +€5,500
Cash 2024 €459
Net result for the year -€7,342
Depreciation +€8,683
Receivables within one year +€5,736
Trade debts -€23,794
Accrued charges and deferred income +€12,539
Debts after one year +€5,500
Cash 2025 €1,782
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €16,169 €3,072 -€13,096 -81.0%
Fixed assets 21/28 €9,322 €639 -€8,683 -93.1%
Intangible fixed assets 21 €7,953 - -€7,953
Tangible fixed assets 22/27 €1,368 €639 -€729 -53.3%
Plant, machinery and equipment 23 €1,368 €639 -€729 -53.3%
Current assets 29/58 €6,847 €2,434 -€4,413 -64.5%
Amounts receivable within one year 40/41 €6,388 €652 -€5,736 -89.8%
Trade receivables 40 €6,045 - -€6,045
Other amounts receivable 41 €343 €652 +€309 +90.1%
Cash at bank and in hand 54/58 €459 €1,782 +€1,322 +287.8%
Total equity and liabilities 10/49 €16,169 €3,072 -€13,096 -81.0%
Equity 10/15 -€376,375 -€383,717 -€7,342 -2.0%
Contributions 10/11 €40,000 €40,000 = 0.0%
Profit (loss) carried forward 14 -€416,375 -€423,717 -€7,342 -1.8%
Amounts payable 17/49 €392,544 €386,790 -€5,754 -1.5%
Amounts payable after more than one year 17 €270,000 €275,500 +€5,500 +2.0%
Other amounts payable 178/9 €270,000 €275,500 +€5,500 +2.0%
Amounts payable within one year 42/48 €62,460 €38,666 -€23,794 -38.1%
Trade debts 44 €60,349 €36,555 -€23,794 -39.4%
Suppliers 440/4 €60,349 €36,555 -€23,794 -39.4%
Other amounts payable 47/48 €2,112 €2,112 = 0.0%
Accrued charges and deferred income 492/3 €60,084 €72,623 +€12,539 +20.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,389 €8,683 -€1,707 -16.4%
Other operating charges 640/8 €590 €943 +€353 +59.8%
Gross operating margin 9900 -€1,919 -€6,585 -€4,665 -243.1%
Operating profit (loss) 9901 -€12,899 -€16,211 -€3,312 -25.7%
Financial income 75/76B €503 €21,469 +€20,966 +4169.9%
Recurring financial income 75 €503 €21,469 +€20,966 +4169.9%
Financial charges 65/66B €16,292 €12,599 -€3,692 -22.7%
Recurring financial charges 65 €16,292 €12,599 -€3,692 -22.7%
Profit (loss) for the period before taxes 9903 -€28,688 -€7,342 +€21,346 +74.4%
Profit (loss) for the period 9904 -€28,688 -€7,342 +€21,346 +74.4%
Profit (loss) for the period to be appropriated 9905 -€28,688 -€7,342 +€21,346 +74.4%

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 30 September 2026 via checked.be.