Studio Sol: 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 Sol
Largest movements
- Cash -€26,451
down €26,451 (-40.8%), from €64,792 to €38,341
mainly Contributions, distributions and other (-€64,337) and Investment in fixed assets (net) (-€2,222)
- Receivables within one year -€8,022
down €8,022 (-66.6%), from €12,039 to €4,017
of which Trade receivables: -€8,278
- Tangible fixed assets +€934
up €934 (+32.9%), from €2,843 to €3,777
of which Furniture and vehicles: +€1,279
- Reserves -€49,666
down €49,666 (-77.2%), from €64,336 to €14,670
- Other debts +€15,583
up €15,583 (+2,576%), from €605 to €16,188
- Tax, wage and social debts +€1,052
up €1,052 (+9.8%), from €10,734 to €11,786
- Depreciation +€642
up €642 (+99.4%), from €646 to €1,288
- Taxes -€397
down €397 (-7.8%), from €5,080 to €4,683
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.
Derived cash bridge
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 | €79,674 | €46,135 | -€33,539 | -42.1% |
| Fixed assets | 21/28 | €2,843 | €3,777 | +€934 | +32.9% |
| Tangible fixed assets | 22/27 | €2,843 | €3,777 | +€934 | +32.9% |
| Plant, machinery and equipment | 23 | €446 | €101 | -€345 | -77.4% |
| Furniture and vehicles | 24 | €2,397 | €3,676 | +€1,279 | +53.4% |
| Current assets | 29/58 | €76,831 | €42,358 | -€34,473 | -44.9% |
| Amounts receivable within one year | 40/41 | €12,039 | €4,017 | -€8,022 | -66.6% |
| Trade receivables | 40 | €12,039 | €3,761 | -€8,278 | -68.8% |
| Other amounts receivable | 41 | - | €256 | +€256 | |
| Cash at bank and in hand | 54/58 | €64,792 | €38,341 | -€26,451 | -40.8% |
| Total equity and liabilities | 10/49 | €79,674 | €46,135 | -€33,539 | -42.1% |
| Equity | 10/15 | €66,836 | €17,170 | -€49,666 | -74.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €64,336 | €14,670 | -€49,666 | -77.2% |
| Distributable reserves | 133 | €64,336 | €14,670 | -€49,666 | -77.2% |
| Amounts payable | 17/49 | €12,838 | €28,965 | +€16,127 | +126% |
| Amounts payable within one year | 42/48 | €12,838 | €28,965 | +€16,127 | +126% |
| Trade debts | 44 | €1,499 | €991 | -€508 | -33.9% |
| Suppliers | 440/4 | €1,499 | €991 | -€508 | -33.9% |
| Taxes, remuneration and social security | 45 | €10,734 | €11,786 | +€1,052 | +9.8% |
| Taxes | 450/3 | €10,734 | €11,786 | +€1,052 | +9.8% |
| Other amounts payable | 47/48 | €605 | €16,188 | +€15,583 | +2,576% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €646 | €1,288 | +€642 | +99.4% |
| Other operating charges | 640/8 | €697 | €803 | +€106 | +15.2% |
| Gross operating margin | 9900 | €21,329 | €21,485 | +€156 | +0.7% |
| Operating profit (loss) | 9901 | €19,986 | €19,394 | -€592 | -3.0% |
| Financial charges | 65/66B | €69 | €40 | -€29 | -42.0% |
| Recurring financial charges | 65 | €69 | €40 | -€29 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €19,917 | €19,354 | -€563 | -2.8% |
| Income taxes | 67/77 | €5,080 | €4,683 | -€397 | -7.8% |
| Profit (loss) for the period | 9904 | €14,837 | €14,671 | -€166 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,837 | €14,671 | -€166 | -1.1% |
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 13 October 2026 via checked.be.