Studio Volt: 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 Volt
Largest movements
- Cash -€41,189
down €41,189 (-59.4%), from €69,295 to €28,106
mainly Contributions, distributions and other (-€78,400) and Current investments (-€40,000)
- Current investments +€40,000
up €40,000 (+36.4%), from €110,000 to €150,000
- Intangible fixed assets -€4,800
down €4,800 (-79.0%), from €6,076 to €1,276
- Receivables within one year -€2,788
down €2,788 (-12.3%), from €22,699 to €19,912
of which Other amounts receivable: -€3,094
- Other debts +€67,546
up €67,546 (+65.2%), from €103,670 to €171,216
- Reserves -€62,716
down €62,716 (-99.9%), from €62,757 to €41
- Tax, wage and social debts -€11,980
down €11,980 (-44.2%), from €27,108 to €15,129
- Gross operating margin -€68,337
down €68,337 (-73.8%), from €92,600 to €24,263
- Taxes -€17,293
down €17,293 (-75.7%), from €22,839 to €5,547
- Financial charges -€2,425
down €2,425 (-92.6%), from €2,620 to €195
- Financial income +€966
up €966 (+60.8%), from €1,588 to €2,554
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 | €208,070 | €199,294 | -€8,777 | -4.2% |
| Fixed assets | 21/28 | €6,076 | €1,276 | -€4,800 | -79.0% |
| Intangible fixed assets | 21 | €6,076 | €1,276 | -€4,800 | -79.0% |
| Current assets | 29/58 | €201,994 | €198,018 | -€3,977 | -2.0% |
| Amounts receivable within one year | 40/41 | €22,699 | €19,912 | -€2,788 | -12.3% |
| Trade receivables | 40 | €19,606 | €19,912 | +€306 | +1.6% |
| Other amounts receivable | 41 | €3,094 | - | -€3,094 | |
| Current investments | 50/53 | €110,000 | €150,000 | +€40,000 | +36.4% |
| Cash at bank and in hand | 54/58 | €69,295 | €28,106 | -€41,189 | -59.4% |
| Total equity and liabilities | 10/49 | €208,070 | €199,294 | -€8,777 | -4.2% |
| Equity | 10/15 | €72,757 | €10,041 | -€62,716 | -86.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €62,757 | €41 | -€62,716 | -99.9% |
| Distributable reserves | 133 | €62,757 | €41 | -€62,716 | -99.9% |
| Amounts payable | 17/49 | €135,313 | €189,253 | +€53,940 | +39.9% |
| Amounts payable within one year | 42/48 | €135,313 | €189,253 | +€53,940 | +39.9% |
| Trade debts | 44 | €4,535 | €2,908 | -€1,626 | -35.9% |
| Suppliers | 440/4 | €4,535 | €2,908 | -€1,626 | -35.9% |
| Taxes, remuneration and social security | 45 | €27,108 | €15,129 | -€11,980 | -44.2% |
| Taxes | 450/3 | €27,108 | €15,129 | -€11,980 | -44.2% |
| Other amounts payable | 47/48 | €103,670 | €171,216 | +€67,546 | +65.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,442 | €4,800 | -€642 | -11.8% |
| Other operating charges | 640/8 | €566 | €592 | +€25 | +4.5% |
| Gross operating margin | 9900 | €92,600 | €24,263 | -€68,337 | -73.8% |
| Operating profit (loss) | 9901 | €86,591 | €18,871 | -€67,720 | -78.2% |
| Financial income | 75/76B | €1,588 | €2,554 | +€966 | +60.8% |
| Recurring financial income | 75 | €1,588 | €2,554 | +€966 | +60.8% |
| Financial charges | 65/66B | €2,620 | €195 | -€2,425 | -92.6% |
| Recurring financial charges | 65 | €2,620 | €195 | -€2,425 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €85,559 | €21,230 | -€64,329 | -75.2% |
| Income taxes | 67/77 | €22,839 | €5,547 | -€17,293 | -75.7% |
| Profit (loss) for the period | 9904 | €62,720 | €15,684 | -€47,036 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,720 | €15,684 | -€47,036 | -75.0% |
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 29 September 2026 via checked.be.