STUDIO SPICE: 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 SPICE
Largest movements
- Tangible fixed assets +€13,890
up €13,890 (+81.7%), from €17,009 to €30,899
of which Furniture and vehicles: +€15,590
- Cash -€12,486
down €12,486 (-96.4%), from €12,950 to €464
mainly Investment in fixed assets (net) (-€19,510) and Other debts (-€11,315)
- Receivables within one year -€9,163
down €9,163 (-77.1%), from €11,885 to €2,722
of which Trade receivables: -€8,911
- Deferred charges and accrued income -€1,221
no longer reported in 2025 (was €1,221)
- Other debts -€11,315
down €11,315 (-74.0%), from €15,300 to €3,985
- Trade debts +€6,619
up €6,619 (+928.1%), from €713 to €7,332
- Debts after one year -€5,051
down €5,051 (-27.6%), from €18,319 to €13,268
- Profit (loss) carried forward +€444
up €444 (+66.8%), from -€665 to -€221
- Gross operating margin +€7,947
up €7,947, from -€478 to €7,469
- Depreciation +€5,620
new in 2025: €5,620
- Financial charges -€209
down €209 (-18.3%), from €1,141 to €932
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 | €43,065 | €34,084 | -€8,981 | -20.9% |
| Fixed assets | 21/28 | €17,009 | €30,899 | +€13,890 | +81.7% |
| Tangible fixed assets | 22/27 | €17,009 | €30,899 | +€13,890 | +81.7% |
| Plant, machinery and equipment | 23 | €17,009 | €15,308 | -€1,701 | -10.0% |
| Furniture and vehicles | 24 | - | €15,590 | +€15,590 | |
| Current assets | 29/58 | €26,056 | €3,186 | -€22,870 | -87.8% |
| Amounts receivable within one year | 40/41 | €11,885 | €2,722 | -€9,163 | -77.1% |
| Trade receivables | 40 | €9,301 | €390 | -€8,911 | -95.8% |
| Other amounts receivable | 41 | €2,584 | €2,332 | -€253 | -9.8% |
| Cash at bank and in hand | 54/58 | €12,950 | €464 | -€12,486 | -96.4% |
| Deferred charges and accrued income | 490/1 | €1,221 | - | -€1,221 | |
| Total equity and liabilities | 10/49 | €43,065 | €34,084 | -€8,981 | -20.9% |
| Equity | 10/15 | €3,335 | €3,779 | +€444 | +13.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€665 | -€221 | +€444 | +66.8% |
| Amounts payable | 17/49 | €39,730 | €30,305 | -€9,425 | -23.7% |
| Amounts payable after more than one year | 17 | €18,319 | €13,268 | -€5,051 | -27.6% |
| Financial debts | 170/4 | €18,319 | €13,268 | -€5,051 | -27.6% |
| Amounts payable within one year | 42/48 | €21,411 | €17,037 | -€4,374 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €4,812 | €5,051 | +€239 | +5.0% |
| Trade debts | 44 | €713 | €7,332 | +€6,619 | +928.1% |
| Suppliers | 440/4 | €713 | €7,332 | +€6,619 | +928.1% |
| Taxes, remuneration and social security | 45 | €585 | €669 | +€83 | +14.2% |
| Taxes | 450/3 | €585 | €669 | +€83 | +14.2% |
| Other amounts payable | 47/48 | €15,300 | €3,985 | -€11,315 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,620 | +€5,620 | |
| Other operating charges | 640/8 | €311 | €305 | -€6 | -2.1% |
| Gross operating margin | 9900 | -€478 | €7,469 | +€7,947 | |
| Operating profit (loss) | 9901 | -€789 | €1,544 | +€2,334 | |
| Financial charges | 65/66B | €1,141 | €932 | -€209 | -18.3% |
| Recurring financial charges | 65 | €1,141 | €932 | -€209 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,930 | €613 | +€2,543 | |
| Income taxes | 67/77 | €126 | €169 | +€42 | +33.4% |
| Profit (loss) for the period | 9904 | -€2,056 | €444 | +€2,501 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,056 | €444 | +€2,501 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.