Studio SB: 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 SB
Largest movements
- Receivables within one year -€20,339
down €20,339 (-20.6%), from €98,917 to €78,579
of which Other amounts receivable: -€19,223
- Tangible fixed assets -€11,458
down €11,458 (-43.0%), from €26,642 to €15,183
of which Land and buildings: -€6,743
- Other debts -€25,834
down €25,834 (-68.5%), from €37,687 to €11,853
- Reserves -€4,992
down €4,992 (-5.6%), from €88,427 to €83,435
- Tax, wage and social debts -€1,722
down €1,722 (-15.8%), from €10,871 to €9,149
- Gross operating margin -€10,052
down €10,052 (-26.5%), from €37,951 to €27,900
- Taxes -€3,193
down €3,193 (-38.8%), from €8,230 to €5,037
- Financial charges -€1,084
down €1,084 (-13.8%), from €7,830 to €6,747
- Financial income -€859
down €859 (-15.7%), from €5,460 to €4,601
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 | €156,824 | €124,955 | -€31,869 | -20.3% |
| Fixed assets | 21/28 | €27,062 | €15,603 | -€11,458 | -42.3% |
| Tangible fixed assets | 22/27 | €26,642 | €15,183 | -€11,458 | -43.0% |
| Land and buildings | 22 | €16,183 | €9,440 | -€6,743 | -41.7% |
| Plant, machinery and equipment | 23 | €4,283 | €2,317 | -€1,966 | -45.9% |
| Furniture and vehicles | 24 | €6,176 | €3,426 | -€2,750 | -44.5% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €129,762 | €109,351 | -€20,411 | -15.7% |
| Amounts receivable within one year | 40/41 | €98,917 | €78,579 | -€20,339 | -20.6% |
| Trade receivables | 40 | €1,363 | €247 | -€1,116 | -81.9% |
| Other amounts receivable | 41 | €97,555 | €78,332 | -€19,223 | -19.7% |
| Cash at bank and in hand | 54/58 | €29,665 | €30,324 | +€659 | +2.2% |
| Deferred charges and accrued income | 490/1 | €1,179 | €449 | -€731 | -62.0% |
| Total equity and liabilities | 10/49 | €156,824 | €124,955 | -€31,869 | -20.3% |
| Equity | 10/15 | €100,827 | €95,835 | -€4,992 | -5.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €88,427 | €83,435 | -€4,992 | -5.6% |
| Distributable reserves | 133 | €88,427 | €83,435 | -€4,992 | -5.6% |
| Amounts payable | 17/49 | €55,997 | €29,120 | -€26,877 | -48.0% |
| Amounts payable within one year | 42/48 | €54,085 | €27,208 | -€26,877 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €3,417 | €3,405 | -€12 | -0.4% |
| Trade debts | 44 | €2,110 | €2,802 | +€692 | +32.8% |
| Suppliers | 440/4 | €2,110 | €2,802 | +€692 | +32.8% |
| Taxes, remuneration and social security | 45 | €10,871 | €9,149 | -€1,722 | -15.8% |
| Taxes | 450/3 | €10,871 | €9,149 | -€1,722 | -15.8% |
| Other amounts payable | 47/48 | €37,687 | €11,853 | -€25,834 | -68.5% |
| Accrued charges and deferred income | 492/3 | €1,912 | €1,912 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,522 | €11,458 | -€64 | -0.6% |
| Other operating charges | 640/8 | €1,227 | €1,574 | +€346 | +28.2% |
| Gross operating margin | 9900 | €37,951 | €27,900 | -€10,052 | -26.5% |
| Operating profit (loss) | 9901 | €25,202 | €14,867 | -€10,334 | -41.0% |
| Financial income | 75/76B | €5,460 | €4,601 | -€859 | -15.7% |
| Recurring financial income | 75 | €5,460 | €4,601 | -€859 | -15.7% |
| Financial charges | 65/66B | €7,830 | €6,747 | -€1,084 | -13.8% |
| Recurring financial charges | 65 | €7,830 | €6,747 | -€1,084 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €22,831 | €12,722 | -€10,109 | -44.3% |
| Income taxes | 67/77 | €8,230 | €5,037 | -€3,193 | -38.8% |
| Profit (loss) for the period | 9904 | €14,601 | €7,685 | -€6,916 | -47.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,601 | €7,685 | -€6,916 | -47.4% |
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 7 October 2026 via checked.be.