Studio Stories: 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 Stories
Largest movements
- Receivables within one year -€67,859
down €67,859 (-60.4%), from €112,376 to €44,518
of which Trade receivables: -€63,654
- Tangible fixed assets -€28,580
down €28,580 (-9.5%), from €301,751 to €273,171
of which Land and buildings: -€36,525
- Cash +€19,182
up €19,182 (+44.2%), from €43,438 to €62,620
mainly Receivables within one year (+€67,859) and Depreciation (+€45,223)
- Profit (loss) carried forward -€34,275
down €34,275 (-51.6%), from -€66,400 to -€100,675
- Debts after one year -€24,000
down €24,000 (-6.0%), from €400,000 to €376,000
- Trade debts -€16,648
down €16,648 (-44.3%), from €37,576 to €20,928
- Gross operating margin -€39,072
down €39,072 (-39.1%), from €99,807 to €60,735
- Staff costs +€19,302
up €19,302 (+95.1%), from €20,296 to €39,599
- Taxes +€7,288
up €7,288 (+3171.6%), from €230 to €7,517
- Depreciation -€5,393
down €5,393 (-10.7%), from €50,616 to €45,223
- Other operating charges -€1,652
down €1,652 (-34.4%), from €4,797 to €3,145
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 | €461,717 | €385,397 | -€76,321 | -16.5% |
| Fixed assets | 21/28 | €303,032 | €274,452 | -€28,580 | -9.4% |
| Tangible fixed assets | 22/27 | €301,751 | €273,171 | -€28,580 | -9.5% |
| Land and buildings | 22 | €288,717 | €252,191 | -€36,525 | -12.7% |
| Plant, machinery and equipment | 23 | €690 | €3,766 | +€3,075 | +445.6% |
| Furniture and vehicles | 24 | €12,345 | €17,214 | +€4,870 | +39.4% |
| Financial fixed assets | 28 | €1,281 | €1,281 | = | 0.0% |
| Current assets | 29/58 | €158,685 | €110,944 | -€47,740 | -30.1% |
| Amounts receivable within one year | 40/41 | €112,376 | €44,518 | -€67,859 | -60.4% |
| Trade receivables | 40 | €104,513 | €40,859 | -€63,654 | -60.9% |
| Other amounts receivable | 41 | €7,864 | €3,659 | -€4,205 | -53.5% |
| Cash at bank and in hand | 54/58 | €43,438 | €62,620 | +€19,182 | +44.2% |
| Deferred charges and accrued income | 490/1 | €2,871 | €3,807 | +€936 | +32.6% |
| Total equity and liabilities | 10/49 | €461,717 | €385,397 | -€76,321 | -16.5% |
| Equity | 10/15 | -€20,900 | -€55,175 | -€34,275 | -164.0% |
| Contributions | 10/11 | €45,500 | €45,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,400 | -€100,675 | -€34,275 | -51.6% |
| Amounts payable | 17/49 | €482,617 | €440,571 | -€42,046 | -8.7% |
| Amounts payable after more than one year | 17 | €400,000 | €376,000 | -€24,000 | -6.0% |
| Financial debts | 170/4 | €400,000 | €376,000 | -€24,000 | -6.0% |
| Amounts payable within one year | 42/48 | €82,617 | €64,571 | -€18,046 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €2,549 | - | -€2,549 | |
| Trade debts | 44 | €37,576 | €20,928 | -€16,648 | -44.3% |
| Suppliers | 440/4 | €37,576 | €20,928 | -€16,648 | -44.3% |
| Taxes, remuneration and social security | 45 | €12,923 | €17,362 | +€4,439 | +34.3% |
| Taxes | 450/3 | €6,120 | €9,807 | +€3,687 | +60.2% |
| Remuneration and social security | 454/9 | €6,803 | €7,555 | +€752 | +11.1% |
| Other amounts payable | 47/48 | €29,569 | €26,281 | -€3,288 | -11.1% |
| Remuneration, social security and pensions | 62 | €20,296 | €39,599 | +€19,302 | +95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,616 | €45,223 | -€5,393 | -10.7% |
| Other operating charges | 640/8 | €4,797 | €3,145 | -€1,652 | -34.4% |
| Gross operating margin | 9900 | €99,807 | €60,735 | -€39,072 | -39.1% |
| Operating profit (loss) | 9901 | €24,097 | -€27,232 | -€51,329 | |
| Financial income | 75/76B | €29 | €659 | +€631 | +2194.0% |
| Recurring financial income | 75 | €29 | €659 | +€631 | +2194.0% |
| Financial charges | 65/66B | €449 | €185 | -€264 | -58.8% |
| Recurring financial charges | 65 | €449 | €185 | -€264 | -58.8% |
| Profit (loss) for the period before taxes | 9903 | €23,678 | -€26,758 | -€50,435 | |
| Income taxes | 67/77 | €230 | €7,517 | +€7,288 | +3171.6% |
| Profit (loss) for the period | 9904 | €23,448 | -€34,275 | -€57,723 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,448 | -€34,275 | -€57,723 |
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.