STUDIO SOUZA: 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 SOUZA
Largest movements
- Receivables within one year -€222,005
down €222,005 (-41.9%), from €530,438 to €308,432
of which Trade receivables: -€249,221
- Cash -€117,508
down €117,508 (-100.0%), from €117,508 to €0
mainly Trade debts (-€387,550) and Tax, wage and social debts (-€26,511)
- Trade debts -€387,550
down €387,550 (-76.9%), from €504,223 to €116,673
- Reserves +€49,655
up €49,655 (+292%), from €17,009 to €66,663
- Tax, wage and social debts -€26,511
down €26,511 (-33.0%), from €80,350 to €53,840
of which Taxes: -€15,343
- Short-term financial debts +€24,958
up €24,958 (+1,358%), from €1,837 to €26,795
- Debts after one year -€13,304
down €13,304 (-100%), from €13,304 to €0
- Staff costs -€225,224
down €225,224 (-25.8%), from €874,278 to €649,054
- Gross operating margin -€187,231
down €187,231 (-20.6%), from €909,578 to €722,348
- Taxes +€17,631
up €17,631 (+4,560%), from €387 to €18,018
- Other operating charges -€13,890
down €13,890 (-97.2%), from €14,289 to €400
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 | €660,612 | €316,232 | -€344,380 | -52.1% |
| Fixed assets | 21/28 | €8,869 | €4,012 | -€4,856 | -54.8% |
| Tangible fixed assets | 22/27 | €8,869 | €4,012 | -€4,856 | -54.8% |
| Furniture and vehicles | 24 | €5,021 | €939 | -€4,082 | -81.3% |
| Other tangible fixed assets | 26 | €3,848 | €3,074 | -€775 | -20.1% |
| Current assets | 29/58 | €651,743 | €312,220 | -€339,524 | -52.1% |
| Amounts receivable within one year | 40/41 | €530,438 | €308,432 | -€222,005 | -41.9% |
| Trade receivables | 40 | €527,776 | €278,555 | -€249,221 | -47.2% |
| Other amounts receivable | 41 | €2,662 | €29,877 | +€27,215 | +1,023% |
| Current investments | 50/53 | €0 | €0 | -€0 | -100% |
| Cash at bank and in hand | 54/58 | €117,508 | €0 | -€117,508 | -100.0% |
| Deferred charges and accrued income | 490/1 | €3,798 | €3,787 | -€11 | -0.3% |
| Total equity and liabilities | 10/49 | €660,612 | €316,232 | -€344,380 | -52.1% |
| Equity | 10/15 | €35,609 | €85,263 | +€49,655 | +139% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,009 | €66,663 | +€49,655 | +292% |
| Distributable reserves | 133 | €17,009 | €66,663 | +€49,655 | +292% |
| Amounts payable | 17/49 | €625,003 | €230,969 | -€394,035 | -63.0% |
| Amounts payable after more than one year | 17 | €13,304 | €0 | -€13,304 | -100% |
| Financial debts | 170/4 | €13,304 | €0 | -€13,304 | -100% |
| Amounts payable within one year | 42/48 | €611,236 | €230,405 | -€380,831 | -62.3% |
| Current portion of amounts payable after more than one year | 42 | €19,956 | €28,271 | +€8,315 | +41.7% |
| Financial debts | 43 | €1,837 | €26,795 | +€24,958 | +1,358% |
| Credit institutions | 430/8 | €1,837 | €26,795 | +€24,958 | +1,358% |
| Trade debts | 44 | €504,223 | €116,673 | -€387,550 | -76.9% |
| Suppliers | 440/4 | €504,223 | €116,673 | -€387,550 | -76.9% |
| Taxes, remuneration and social security | 45 | €80,350 | €53,840 | -€26,511 | -33.0% |
| Taxes | 450/3 | €44,659 | €29,317 | -€15,343 | -34.4% |
| Remuneration and social security | 454/9 | €35,691 | €24,523 | -€11,168 | -31.3% |
| Other amounts payable | 47/48 | €4,869 | €4,825 | -€44 | -0.9% |
| Accrued charges and deferred income | 492/3 | €463 | €564 | +€101 | +21.7% |
| Remuneration, social security and pensions | 62 | €874,278 | €649,054 | -€225,224 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,131 | €2,737 | -€3,394 | -55.4% |
| Other operating charges | 640/8 | €14,289 | €400 | -€13,890 | -97.2% |
| Gross operating margin | 9900 | €909,578 | €722,348 | -€187,231 | -20.6% |
| Operating profit (loss) | 9901 | €14,880 | €70,157 | +€55,277 | +371% |
| Financial income | 75/76B | €242 | €0 | -€242 | -100.0% |
| Recurring financial income | 75 | €242 | €0 | -€242 | -100.0% |
| Financial charges | 65/66B | €2,482 | €2,484 | +€2 | +0.1% |
| Recurring financial charges | 65 | €2,482 | €2,484 | +€2 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €12,640 | €67,673 | +€55,033 | +435% |
| Income taxes | 67/77 | €387 | €18,018 | +€17,631 | +4,560% |
| Profit (loss) for the period | 9904 | €12,253 | €49,655 | +€37,401 | +305% |
| Profit (loss) for the period to be appropriated | 9905 | €12,253 | €49,655 | +€37,401 | +305% |
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 20 October 2026 via checked.be.