Studio Tolleneer: 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 Tolleneer
Largest movements
- Cash +€47,145
up €47,145 (+755%), from €6,245 to €53,390
mainly Net result for the year (+€27,618) and Depreciation (+€16,018)
- Tangible fixed assets -€11,750
down €11,750 (-47.7%), from €24,631 to €12,881
of which Other tangible fixed assets: -€6,655
- Receivables within one year -€11,616
down €11,616 (-37.7%), from €30,792 to €19,176
of which Trade receivables: -€12,211
- Intangible fixed assets -€4,268
down €4,268 (-48.2%), from €8,862 to €4,594
- Profit (loss) carried forward +€27,618
up €27,618 (+46.5%), from -€59,348 to -€31,730
- Other debts -€5,523
down €5,523 (-18.9%), from €29,234 to €23,711
- Debts after one year -€5,326
down €5,326 (-70.4%), from €7,570 to €2,244
- Trade debts +€3,965
up €3,965 (+32.2%), from €12,304 to €16,269
- Tax, wage and social debts +€2,711
up €2,711 (+25.2%), from €10,778 to €13,489
of which Taxes: +€2,694
- Gross operating margin +€41,717
up €41,717 (+827%), from €5,046 to €46,763
- Financial charges -€1,400
down €1,400 (-41.9%), from €3,345 to €1,944
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 | €74,653 | €94,668 | +€20,015 | +26.8% |
| Fixed assets | 21/28 | €33,493 | €17,475 | -€16,018 | -47.8% |
| Intangible fixed assets | 21 | €8,862 | €4,594 | -€4,268 | -48.2% |
| Tangible fixed assets | 22/27 | €24,631 | €12,881 | -€11,750 | -47.7% |
| Land and buildings | 22 | €5,540 | €3,541 | -€1,999 | -36.1% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,091 | €2,996 | -€3,095 | -50.8% |
| Other tangible fixed assets | 26 | €13,000 | €6,344 | -€6,655 | -51.2% |
| Current assets | 29/58 | €41,160 | €77,193 | +€36,033 | +87.5% |
| Amounts receivable within one year | 40/41 | €30,792 | €19,176 | -€11,616 | -37.7% |
| Trade receivables | 40 | €30,792 | €18,581 | -€12,211 | -39.7% |
| Other amounts receivable | 41 | - | €595 | +€595 | |
| Cash at bank and in hand | 54/58 | €6,245 | €53,390 | +€47,145 | +755% |
| Deferred charges and accrued income | 490/1 | €4,123 | €4,626 | +€503 | +12.2% |
| Total equity and liabilities | 10/49 | €74,653 | €94,668 | +€20,015 | +26.8% |
| Equity | 10/15 | €6,011 | €33,629 | +€27,618 | +459% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,759 | €46,759 | = | 0.0% |
| Distributable reserves | 133 | €46,759 | €46,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,348 | -€31,730 | +€27,618 | +46.5% |
| Amounts payable | 17/49 | €68,642 | €61,039 | -€7,603 | -11.1% |
| Amounts payable after more than one year | 17 | €7,570 | €2,244 | -€5,326 | -70.4% |
| Financial debts | 170/4 | €7,570 | €2,244 | -€5,326 | -70.4% |
| Amounts payable within one year | 42/48 | €60,263 | €58,795 | -€1,468 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €7,947 | €5,326 | -€2,621 | -33.0% |
| Trade debts | 44 | €12,304 | €16,269 | +€3,965 | +32.2% |
| Suppliers | 440/4 | €12,304 | €16,269 | +€3,965 | +32.2% |
| Taxes, remuneration and social security | 45 | €10,778 | €13,489 | +€2,711 | +25.2% |
| Taxes | 450/3 | €8,349 | €11,043 | +€2,694 | +32.3% |
| Remuneration and social security | 454/9 | €2,429 | €2,446 | +€17 | +0.7% |
| Other amounts payable | 47/48 | €29,234 | €23,711 | -€5,523 | -18.9% |
| Accrued charges and deferred income | 492/3 | €810 | €0 | -€810 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,963 | €16,018 | +€55 | +0.3% |
| Other operating charges | 640/8 | €1,505 | €1,053 | -€451 | -30.0% |
| Gross operating margin | 9900 | €5,046 | €46,763 | +€41,717 | +827% |
| Operating profit (loss) | 9901 | -€12,421 | €29,692 | +€42,113 | |
| Financial income | 75/76B | €0 | €11 | +€11 | |
| Recurring financial income | 75 | €0 | €11 | +€11 | |
| Financial charges | 65/66B | €3,345 | €1,944 | -€1,400 | -41.9% |
| Recurring financial charges | 65 | €3,345 | €1,944 | -€1,400 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,766 | €27,759 | +€43,525 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +0.4% |
| Profit (loss) for the period | 9904 | -€15,906 | €27,618 | +€43,524 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,906 | €27,618 | +€43,524 |
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 22 October 2026 via checked.be.