Studio Seki: 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 Seki
Largest movements
- Cash -€108,946
down €108,946 (-55.7%), from €195,765 to €86,819
mainly Contributions, distributions and other (-€294,950) and Tax, wage and social debts (-€18,557)
- Tangible fixed assets -€9,080
down €9,080 (-25.2%), from €36,054 to €26,974
- Reserves -€196,492
no longer reported in 2025 (was €196,492)
- Other debts +€96,900
up €96,900 (+4476.9%), from €2,164 to €99,064
- Tax, wage and social debts -€18,557
down €18,557 (-58.9%), from €31,514 to €12,957
- Gross operating margin +€32,154
up €32,154 (+30.7%), from €104,644 to €136,798
- Taxes +€7,347
up €7,347 (+36.6%), from €20,068 to €27,415
- Depreciation +€1,388
up €1,388 (+18.0%), from €7,692 to €9,080
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 | €231,867 | €113,959 | -€117,908 | -50.9% |
| Fixed assets | 21/28 | €36,054 | €26,974 | -€9,080 | -25.2% |
| Tangible fixed assets | 22/27 | €36,054 | €26,974 | -€9,080 | -25.2% |
| Furniture and vehicles | 24 | €36,054 | €26,974 | -€9,080 | -25.2% |
| Current assets | 29/58 | €195,813 | €86,985 | -€108,828 | -55.6% |
| Amounts receivable within one year | 40/41 | €48 | €166 | +€119 | +248.5% |
| Trade receivables | 40 | €48 | €166 | +€119 | +248.5% |
| Cash at bank and in hand | 54/58 | €195,765 | €86,819 | -€108,946 | -55.7% |
| Total equity and liabilities | 10/49 | €231,867 | €113,959 | -€117,908 | -50.9% |
| Equity | 10/15 | €197,492 | €1,000 | -€196,492 | -99.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €196,492 | - | -€196,492 | |
| Distributable reserves | 133 | €196,492 | - | -€196,492 | |
| Amounts payable | 17/49 | €34,375 | €112,959 | +€78,584 | +228.6% |
| Amounts payable within one year | 42/48 | €34,375 | €112,959 | +€78,584 | +228.6% |
| Trade debts | 44 | €697 | €939 | +€241 | +34.6% |
| Suppliers | 440/4 | €697 | €939 | +€241 | +34.6% |
| Taxes, remuneration and social security | 45 | €31,514 | €12,957 | -€18,557 | -58.9% |
| Taxes | 450/3 | €31,514 | €12,957 | -€18,557 | -58.9% |
| Other amounts payable | 47/48 | €2,164 | €99,064 | +€96,900 | +4476.9% |
| Remuneration, social security and pensions | 62 | €2,016 | €2,016 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,692 | €9,080 | +€1,388 | +18.0% |
| Other operating charges | 640/8 | €332 | €287 | -€46 | -13.7% |
| Gross operating margin | 9900 | €104,644 | €136,798 | +€32,154 | +30.7% |
| Operating profit (loss) | 9901 | €94,603 | €125,414 | +€30,811 | +32.6% |
| Financial income | 75/76B | €1,004 | €554 | -€450 | -44.8% |
| Recurring financial income | 75 | €1,004 | €554 | -€450 | -44.8% |
| Financial charges | 65/66B | €209 | €96 | -€113 | -54.3% |
| Recurring financial charges | 65 | €209 | €96 | -€113 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €95,398 | €125,873 | +€30,475 | +31.9% |
| Income taxes | 67/77 | €20,068 | €27,415 | +€7,347 | +36.6% |
| Profit (loss) for the period | 9904 | €75,330 | €98,458 | +€23,129 | +30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,330 | €98,458 | +€23,129 | +30.7% |
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 9 October 2026 via checked.be.