STUDIO PRIMITIVES: what changed
STUDIO PRIMITIVES
Largest movements
- Receivables within one year +€14,252
new in 2025: €14,252
- Cash +€2,450
up €2,450 (+72.3%), from €3,389 to €5,839
mainly Trade debts (+€15,259) and Tax, wage and social debts (+€4,959)
- Tangible fixed assets -€2,193
down €2,193 (-28.9%), from €7,590 to €5,397
of which Furniture and vehicles: -€1,725
- Deferred charges and accrued income +€295
up €295 (+25.6%), from €1,155 to €1,450
- Trade debts +€15,259
up €15,259 (+6,034%), from €253 to €15,511
- Tax, wage and social debts +€4,959
up €4,959 (+168%), from €2,952 to €7,911
of which Taxes: +€2,584
- Debts after one year -€3,693
down €3,693 (-45.7%), from €8,075 to €4,383
- Advances received -€1,627
no longer reported in 2025 (was €1,627)
- Profit (loss) carried forward -€1,037
down €1,037 (-9.2%), from -€11,236 to -€12,273
- Staff costs -€3,017
down €3,017 (-21.5%), from €14,059 to €11,042
- Other operating charges -€1,402
down €1,402 (-61.0%), from €2,299 to €896
- Depreciation -€1,363
down €1,363 (-38.3%), from €3,556 to €2,193
- Taxes +€940
up €940 (+587%), from €160 to €1,100
- Gross operating margin -€488
down €488 (-3.0%), from €16,446 to €15,958
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,465 | €27,269 | +€14,803 | +119% |
| Fixed assets | 21/28 | €7,921 | €5,728 | -€2,193 | -27.7% |
| Tangible fixed assets | 22/27 | €7,590 | €5,397 | -€2,193 | -28.9% |
| Furniture and vehicles | 24 | €6,616 | €4,891 | -€1,725 | -26.1% |
| Other tangible fixed assets | 26 | €974 | €506 | -€468 | -48.1% |
| Financial fixed assets | 28 | €331 | €331 | = | 0.0% |
| Current assets | 29/58 | €4,544 | €21,541 | +€16,996 | +374% |
| Amounts receivable within one year | 40/41 | - | €14,252 | +€14,252 | |
| Trade receivables | 40 | - | €14,252 | +€14,252 | |
| Cash at bank and in hand | 54/58 | €3,389 | €5,839 | +€2,450 | +72.3% |
| Deferred charges and accrued income | 490/1 | €1,155 | €1,450 | +€295 | +25.6% |
| Total equity and liabilities | 10/49 | €12,465 | €27,269 | +€14,803 | +119% |
| Equity | 10/15 | -€9,236 | -€10,273 | -€1,037 | -11.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,236 | -€12,273 | -€1,037 | -9.2% |
| Amounts payable | 17/49 | €21,701 | €37,542 | +€15,841 | +73.0% |
| Amounts payable after more than one year | 17 | €8,075 | €4,383 | -€3,693 | -45.7% |
| Financial debts | 170/4 | €8,075 | €4,383 | -€3,693 | -45.7% |
| Amounts payable within one year | 42/48 | €13,626 | €33,159 | +€19,533 | +143% |
| Current portion of amounts payable after more than one year | 42 | €3,634 | €3,693 | +€58 | +1.6% |
| Trade debts | 44 | €253 | €15,511 | +€15,259 | +6,034% |
| Suppliers | 440/4 | €253 | €15,511 | +€15,259 | +6,034% |
| Advances received on contracts in progress | 46 | €1,627 | - | -€1,627 | |
| Taxes, remuneration and social security | 45 | €2,952 | €7,911 | +€4,959 | +168% |
| Taxes | 450/3 | €1,883 | €4,467 | +€2,584 | +137% |
| Remuneration and social security | 454/9 | €1,069 | €3,444 | +€2,375 | +222% |
| Other amounts payable | 47/48 | €5,159 | €6,044 | +€885 | +17.2% |
| Remuneration, social security and pensions | 62 | €14,059 | €11,042 | -€3,017 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,556 | €2,193 | -€1,363 | -38.3% |
| Other operating charges | 640/8 | €2,299 | €896 | -€1,402 | -61.0% |
| Gross operating margin | 9900 | €16,446 | €15,958 | -€488 | -3.0% |
| Operating profit (loss) | 9901 | -€3,468 | €1,826 | +€5,295 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,234 | €1,764 | -€471 | -21.1% |
| Recurring financial charges | 65 | €2,234 | €1,764 | -€471 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,703 | €62 | +€5,765 | |
| Income taxes | 67/77 | €160 | €1,100 | +€940 | +587% |
| Profit (loss) for the period | 9904 | -€5,863 | -€1,037 | +€4,825 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,863 | -€1,037 | +€4,825 | +82.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.