Studio-Still: 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-Still
Largest movements
- Tangible fixed assets -€16,009
down €16,009 (-4.8%), from €330,234 to €314,224
of which Land and buildings: -€14,587
- Debts after one year -€21,532
down €21,532 (-8.3%), from €258,564 to €237,032
- Tax, wage and social debts +€4,450
up €4,450 (+71.7%), from €6,203 to €10,653
of which Remuneration and social security: +€4,221
- Gross operating margin +€7,381
up €7,381 (+29.7%), from €24,861 to €32,242
- Other operating charges +€1,458
up €1,458 (+180.5%), from €808 to €2,267
- Financial charges -€770
down €770 (-8.4%), from €9,187 to €8,417
- Depreciation +€361
up €361 (+1.8%), from €19,744 to €20,105
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 | €365,531 | €350,094 | -€15,438 | -4.2% |
| Fixed assets | 21/28 | €333,215 | €316,419 | -€16,796 | -5.0% |
| Intangible fixed assets | 21 | €2,982 | €2,195 | -€786 | -26.4% |
| Tangible fixed assets | 22/27 | €330,234 | €314,224 | -€16,009 | -4.8% |
| Land and buildings | 22 | €320,712 | €306,125 | -€14,587 | -4.5% |
| Plant, machinery and equipment | 23 | €4,206 | €5,632 | +€1,425 | +33.9% |
| Leasing and similar rights | 25 | €4,741 | €2,371 | -€2,371 | -50.0% |
| Other tangible fixed assets | 26 | €574 | €97 | -€477 | -83.1% |
| Current assets | 29/58 | €32,316 | €33,674 | +€1,358 | +4.2% |
| Amounts receivable within one year | 40/41 | €25,239 | €24,985 | -€255 | -1.0% |
| Trade receivables | 40 | €16,800 | €16,406 | -€394 | -2.3% |
| Other amounts receivable | 41 | €8,440 | €8,579 | +€139 | +1.6% |
| Cash at bank and in hand | 54/58 | €5,680 | €7,293 | +€1,613 | +28.4% |
| Deferred charges and accrued income | 490/1 | €1,397 | €1,397 | = | 0.0% |
| Total equity and liabilities | 10/49 | €365,531 | €350,094 | -€15,438 | -4.2% |
| Equity | 10/15 | €48,169 | €50,083 | +€1,913 | +4.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €5,467 | €5,467 | = | 0.0% |
| Distributable reserves | 133 | €5,467 | €5,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,298 | -€30,385 | +€1,913 | +5.9% |
| Amounts payable | 17/49 | €317,362 | €300,011 | -€17,351 | -5.5% |
| Amounts payable after more than one year | 17 | €258,564 | €237,032 | -€21,532 | -8.3% |
| Financial debts | 170/4 | €258,564 | €237,032 | -€21,532 | -8.3% |
| Amounts payable within one year | 42/48 | €58,798 | €62,979 | +€4,182 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €21,084 | €21,524 | +€440 | +2.1% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €6,510 | €5,802 | -€708 | -10.9% |
| Suppliers | 440/4 | €6,510 | €5,802 | -€708 | -10.9% |
| Taxes, remuneration and social security | 45 | €6,203 | €10,653 | +€4,450 | +71.7% |
| Taxes | 450/3 | €1,791 | €2,020 | +€229 | +12.8% |
| Remuneration and social security | 454/9 | €4,412 | €8,633 | +€4,221 | +95.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,744 | €20,105 | +€361 | +1.8% |
| Other operating charges | 640/8 | €808 | €2,267 | +€1,458 | +180.5% |
| Gross operating margin | 9900 | €24,861 | €32,242 | +€7,381 | +29.7% |
| Operating profit (loss) | 9901 | €4,309 | €9,871 | +€5,561 | +129.1% |
| Financial income | 75/76B | €488 | €460 | -€28 | -5.8% |
| Recurring financial income | 75 | €488 | €460 | -€28 | -5.8% |
| Financial charges | 65/66B | €9,187 | €8,417 | -€770 | -8.4% |
| Recurring financial charges | 65 | €9,187 | €8,417 | -€770 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,390 | €1,913 | +€6,303 | |
| Profit (loss) for the period | 9904 | -€4,390 | €1,913 | +€6,303 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,390 | €1,913 | +€6,303 |
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 12 October 2026 via checked.be.