STUDIO SDB: 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 SDB
Largest movements
- Cash -€15,231
down €15,231 (-52.0%), from €29,290 to €14,060
mainly Trade debts (-€17,190) and Investment in fixed assets (net) (-€5,924)
- Receivables within one year +€3,908
up €3,908 (+66.8%), from €5,848 to €9,757
of which Other amounts receivable: +€2,426
- Tangible fixed assets +€3,402
up €3,402 (+49.3%), from €6,896 to €10,298
of which Plant, machinery and equipment: +€4,878
- Trade debts -€17,190
no longer reported in 2025 (was €17,190)
- Reserves +€3,600
up €3,600 (+13.8%), from €26,000 to €29,600
- Debts after one year +€2,899
up €2,899 (+224.3%), from €1,292 to €4,191
- Current portion of long-term debt +€2,079
new in 2025: €2,079
- Tax, wage and social debts +€666
up €666 (+29.1%), from €2,292 to €2,958
of which Taxes: +€2,958
- Gross operating margin +€5,583
up €5,583 (+112.6%), from €4,961 to €10,544
- Taxes +€1,458
up €1,458 (+135.3%), from €1,078 to €2,536
- Depreciation -€347
down €347 (-12.1%), from €2,869 to €2,522
- Financial charges +€259
up €259 (+84.7%), from €306 to €565
- Other operating charges +€110
up €110 (+9.3%), from €1,184 to €1,294
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 | €58,533 | €50,613 | -€7,920 | -13.5% |
| Fixed assets | 21/28 | €6,896 | €10,298 | +€3,402 | +49.3% |
| Tangible fixed assets | 22/27 | €6,896 | €10,298 | +€3,402 | +49.3% |
| Plant, machinery and equipment | 23 | €1,400 | €6,278 | +€4,878 | +348.5% |
| Furniture and vehicles | 24 | €5,496 | €4,020 | -€1,476 | -26.9% |
| Current assets | 29/58 | €51,637 | €40,315 | -€11,322 | -21.9% |
| Amounts receivable within one year | 40/41 | €5,848 | €9,757 | +€3,908 | +66.8% |
| Trade receivables | 40 | €3,509 | €4,992 | +€1,483 | +42.2% |
| Other amounts receivable | 41 | €2,339 | €4,765 | +€2,426 | +103.7% |
| Cash at bank and in hand | 54/58 | €29,290 | €14,060 | -€15,231 | -52.0% |
| Deferred charges and accrued income | 490/1 | €16,499 | €16,499 | = | 0.0% |
| Total equity and liabilities | 10/49 | €58,533 | €50,613 | -€7,920 | -13.5% |
| Equity | 10/15 | €37,714 | €41,342 | +€3,629 | +9.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,000 | €29,600 | +€3,600 | +13.8% |
| Distributable reserves | 133 | €26,000 | €29,600 | +€3,600 | +13.8% |
| Profit (loss) carried forward | 14 | €9,714 | €9,742 | +€29 | +0.3% |
| Amounts payable | 17/49 | €20,819 | €9,270 | -€11,549 | -55.5% |
| Amounts payable after more than one year | 17 | €1,292 | €4,191 | +€2,899 | +224.3% |
| Financial debts | 170/4 | €1,292 | €4,191 | +€2,899 | +224.3% |
| Amounts payable within one year | 42/48 | €19,527 | €5,079 | -€14,448 | -74.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,079 | +€2,079 | |
| Trade debts | 44 | €17,190 | - | -€17,190 | |
| Suppliers | 440/4 | €17,190 | - | -€17,190 | |
| Taxes, remuneration and social security | 45 | €2,292 | €2,958 | +€666 | +29.1% |
| Taxes | 450/3 | - | €2,958 | +€2,958 | |
| Remuneration and social security | 454/9 | €2,292 | - | -€2,292 | |
| Other amounts payable | 47/48 | €45 | €43 | -€2 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,869 | €2,522 | -€347 | -12.1% |
| Other operating charges | 640/8 | €1,184 | €1,294 | +€110 | +9.3% |
| Gross operating margin | 9900 | €4,961 | €10,544 | +€5,583 | +112.6% |
| Operating profit (loss) | 9901 | €907 | €6,728 | +€5,821 | +641.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €306 | €565 | +€259 | +84.7% |
| Recurring financial charges | 65 | €306 | €565 | +€259 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €602 | €6,164 | +€5,563 | +924.3% |
| Income taxes | 67/77 | €1,078 | €2,536 | +€1,458 | +135.3% |
| Profit (loss) for the period | 9904 | -€476 | €3,629 | +€4,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€476 | €3,629 | +€4,105 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.