Studio Polder: what changed
Two financial 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 Polder
Largest movements
- Intangible fixed assets -€4,000
down €4,000 (-25.2%), from €15,885 to €11,885
- Cash -€3,619
down €3,619 (-9.5%), from €37,948 to €34,329
mainly Tax, wage and social debts (-€17,752) and Net result for the year (-€7,492)
- Receivables within one year -€2,393
down €2,393 (-9.2%), from €25,945 to €23,551
of which Trade receivables: -€2,471
- Trade debts +€19,033
up €19,033 (+316.3%), from €6,018 to €25,051
- Tax, wage and social debts -€17,752
down €17,752 (-81.5%), from €21,786 to €4,034
of which Taxes: -€20,290
- Profit (loss) carried forward -€7,492
down €7,492, from €2,141 to -€5,351
- Debts after one year -€3,997
down €3,997 (-32.5%), from €12,313 to €8,316
- Turnover +€122,985
new in 2025: €122,985
- Purchases and services +€106,560
new in 2025: €106,560
- Gross operating margin -€44,632
down €44,632 (-71.8%), from €62,136 to €17,503
- Taxes -€12,605
no longer reported in 2025 (was €12,605)
- Staff costs +€3,198
up €3,198 (+36.1%), from €8,852 to €12,050
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 | €80,674 | €70,436 | -€10,238 | -12.7% |
| Formation expenses | 20 | €896 | €670 | -€226 | -25.2% |
| Fixed assets | 21/28 | €15,885 | €11,885 | -€4,000 | -25.2% |
| Intangible fixed assets | 21 | €15,885 | €11,885 | -€4,000 | -25.2% |
| Current assets | 29/58 | €63,893 | €57,881 | -€6,012 | -9.4% |
| Amounts receivable within one year | 40/41 | €25,945 | €23,551 | -€2,393 | -9.2% |
| Trade receivables | 40 | €25,440 | €22,969 | -€2,471 | -9.7% |
| Other amounts receivable | 41 | €505 | €582 | +€77 | +15.3% |
| Cash at bank and in hand | 54/58 | €37,948 | €34,329 | -€3,619 | -9.5% |
| Total equity and liabilities | 10/49 | €80,674 | €70,436 | -€10,238 | -12.7% |
| Equity | 10/15 | €36,141 | €28,649 | -€7,492 | -20.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Reserves | 13 | €32,000 | €32,000 | = | 0.0% |
| Distributable reserves | 133 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,141 | -€5,351 | -€7,492 | |
| Amounts payable | 17/49 | €44,534 | €41,787 | -€2,746 | -6.2% |
| Amounts payable after more than one year | 17 | €12,313 | €8,316 | -€3,997 | -32.5% |
| Financial debts | 170/4 | €12,313 | €8,316 | -€3,997 | -32.5% |
| Amounts payable within one year | 42/48 | €32,220 | €33,471 | +€1,251 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €4,416 | €4,386 | -€30 | -0.7% |
| Trade debts | 44 | €6,018 | €25,051 | +€19,033 | +316.3% |
| Suppliers | 440/4 | €6,018 | €25,051 | +€19,033 | +316.3% |
| Taxes, remuneration and social security | 45 | €21,786 | €4,034 | -€17,752 | -81.5% |
| Taxes | 450/3 | €20,558 | €268 | -€20,290 | -98.7% |
| Remuneration and social security | 454/9 | €1,228 | €3,767 | +€2,539 | +206.8% |
| Turnover | 70 | - | €122,985 | +€122,985 | |
| Non-recurring operating income | 76A | - | €1,079 | +€1,079 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €106,560 | +€106,560 | |
| Remuneration, social security and pensions | 62 | €8,852 | €12,050 | +€3,198 | +36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,349 | €4,226 | -€123 | -2.8% |
| Other operating charges | 640/8 | €1,271 | €1,142 | -€129 | -10.1% |
| Non-recurring operating charges | 66A | - | €6,936 | +€6,936 | |
| Gross operating margin | 9900 | €62,136 | €17,503 | -€44,632 | -71.8% |
| Operating profit (loss) | 9901 | €47,664 | -€6,851 | -€54,515 | |
| Financial charges | 65/66B | €918 | €641 | -€277 | -30.2% |
| Recurring financial charges | 65 | €918 | €641 | -€277 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €46,746 | -€7,492 | -€54,237 | |
| Income taxes | 67/77 | €12,605 | - | -€12,605 | |
| Profit (loss) for the period | 9904 | €34,141 | -€7,492 | -€41,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,141 | -€7,492 | -€41,633 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.