Studio Sinc: 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 Sinc
Largest movements
- Tangible fixed assets -€4,400
down €4,400 (-59.3%), from €7,426 to €3,026
- Cash +€1,916
up €1,916 (+9.7%), from €19,795 to €21,712
mainly Net result for the year (+€6,380) and Depreciation (+€4,400)
- Stocks and contracts -€878
down €878 (-24.8%), from €3,545 to €2,667
- Other debts -€10,895
down €10,895 (-72.2%), from €15,091 to €4,196
- Profit (loss) carried forward +€6,380
up €6,380 (+75.6%), from €8,440 to €14,820
- Tax, wage and social debts +€953
up €953 (+29.7%), from €3,209 to €4,162
of which Remuneration and social security: +€1,083
- Gross operating margin +€4,757
up €4,757 (+36.3%), from €13,090 to €17,847
- Taxes +€2,767
up €2,767 (+80.3%), from €3,447 to €6,214
- Depreciation -€1,423
down €1,423 (-24.4%), from €5,823 to €4,400
- Staff costs -€384
no longer reported in 2025 (was €384)
- Financial income -€196
no longer reported in 2025 (was €196)
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 | €37,466 | €33,752 | -€3,715 | -9.9% |
| Fixed assets | 21/28 | €7,426 | €3,026 | -€4,400 | -59.3% |
| Tangible fixed assets | 22/27 | €7,426 | €3,026 | -€4,400 | -59.3% |
| Furniture and vehicles | 24 | €7,426 | €3,026 | -€4,400 | -59.3% |
| Current assets | 29/58 | €30,041 | €30,726 | +€685 | +2.3% |
| Stocks and contracts in progress | 3 | €3,545 | €2,667 | -€878 | -24.8% |
| Stocks | 30/36 | €3,545 | €2,667 | -€878 | -24.8% |
| Amounts receivable within one year | 40/41 | €6,700 | €6,347 | -€353 | -5.3% |
| Trade receivables | 40 | €6,700 | €6,347 | -€353 | -5.3% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €19,795 | €21,712 | +€1,916 | +9.7% |
| Total equity and liabilities | 10/49 | €37,466 | €33,752 | -€3,715 | -9.9% |
| Equity | 10/15 | €18,440 | €24,820 | +€6,380 | +34.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,440 | €14,820 | +€6,380 | +75.6% |
| Amounts payable | 17/49 | €19,026 | €8,931 | -€10,094 | -53.1% |
| Amounts payable within one year | 42/48 | €19,026 | €8,931 | -€10,094 | -53.1% |
| Trade debts | 44 | €726 | €573 | -€153 | -21.1% |
| Suppliers | 440/4 | €726 | €573 | -€153 | -21.1% |
| Taxes, remuneration and social security | 45 | €3,209 | €4,162 | +€953 | +29.7% |
| Taxes | 450/3 | €3,209 | €3,080 | -€129 | -4.0% |
| Remuneration and social security | 454/9 | - | €1,083 | +€1,083 | |
| Other amounts payable | 47/48 | €15,091 | €4,196 | -€10,895 | -72.2% |
| Remuneration, social security and pensions | 62 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,823 | €4,400 | -€1,423 | -24.4% |
| Other operating charges | 640/8 | €636 | €805 | +€169 | +26.5% |
| Gross operating margin | 9900 | €13,090 | €17,847 | +€4,757 | +36.3% |
| Operating profit (loss) | 9901 | €6,246 | €12,642 | +€6,396 | +102.4% |
| Financial income | 75/76B | €196 | - | -€196 | |
| Recurring financial income | 75 | €196 | - | -€196 | |
| Financial charges | 65/66B | €165 | €48 | -€118 | -71.2% |
| Recurring financial charges | 65 | €165 | €48 | -€118 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | €6,277 | €12,594 | +€6,317 | +100.7% |
| Income taxes | 67/77 | €3,447 | €6,214 | +€2,767 | +80.3% |
| Profit (loss) for the period | 9904 | €2,829 | €6,380 | +€3,551 | +125.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,829 | €6,380 | +€3,551 | +125.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.