STUDIO WONDERLAND: 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 WONDERLAND
Largest movements
- Cash +€519,023
up €519,023 (+169%), from €306,715 to €825,738
mainly Contributions, distributions and other (+€1.4m) and Depreciation (+€122,227)
- Financial fixed assets +€176,009
up €176,009 (+48.5%), from €363,032 to €539,041
- Stocks and contracts +€131,306
up €131,306 (+43.2%), from €303,849 to €435,155
- Receivables within one year -€97,152
down €97,152 (-21.9%), from €443,917 to €346,765
of which Trade receivables: -€106,245
- Intangible fixed assets -€30,325
down €30,325 (-16.4%), from €185,082 to €154,757
- Contributions +€1.4m
up €1.4m (+186%), from €762,400 to €2.2m
- Debts after one year -€532,139
down €532,139 (-50.6%), from €1.1m to €519,859
- Short-term financial debts -€152,269
down €152,269 (-37.2%), from €409,348 to €257,080
- Accrued charges and deferred income -€81,851
down €81,851 (-88.6%), from €92,350 to €10,499
- Current portion of long-term debt +€51,720
up €51,720 (+71.1%), from €72,790 to €124,510
- Gross operating margin +€231,716
up €231,716 (+72.7%), from €318,550 to €550,265
- Financial charges +€29,135
up €29,135 (+26.3%), from €110,941 to €140,076
of which Non-recurring financial charges: +€17,200
- Financial income +€27,788
up €27,788 (+382%), from €7,281 to €35,069
- Depreciation +€23,393
up €23,393 (+23.7%), from €98,834 to €122,227
- Other operating charges +€19,186
up €19,186 (+594%), from €3,228 to €22,414
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 | €1,620,069 | €2,329,457 | +€709,388 | +43.8% |
| Fixed assets | 21/28 | €558,651 | €704,325 | +€145,674 | +26.1% |
| Intangible fixed assets | 21 | €185,082 | €154,757 | -€30,325 | -16.4% |
| Tangible fixed assets | 22/27 | €10,537 | €10,527 | -€10 | -0.1% |
| Plant, machinery and equipment | 23 | €10,076 | €10,406 | +€331 | +3.3% |
| Furniture and vehicles | 24 | €462 | €121 | -€341 | -73.8% |
| Financial fixed assets | 28 | €363,032 | €539,041 | +€176,009 | +48.5% |
| Current assets | 29/58 | €1,061,418 | €1,625,132 | +€563,715 | +53.1% |
| Stocks and contracts in progress | 3 | €303,849 | €435,155 | +€131,306 | +43.2% |
| Stocks | 30/36 | €303,849 | €435,155 | +€131,306 | +43.2% |
| Amounts receivable within one year | 40/41 | €443,917 | €346,765 | -€97,152 | -21.9% |
| Trade receivables | 40 | €443,615 | €337,370 | -€106,245 | -23.9% |
| Other amounts receivable | 41 | €302 | €9,395 | +€9,094 | +3,015% |
| Cash at bank and in hand | 54/58 | €306,715 | €825,738 | +€519,023 | +169% |
| Deferred charges and accrued income | 490/1 | €6,937 | €17,474 | +€10,538 | +152% |
| Total equity and liabilities | 10/49 | €1,620,069 | €2,329,457 | +€709,388 | +43.8% |
| Equity | 10/15 | -€456,878 | €949,958 | +€1.4m | |
| Contributions | 10/11 | €762,400 | €2,183,206 | +€1.4m | +186% |
| Profit (loss) carried forward | 14 | -€1,219,278 | -€1,233,248 | -€13,970 | -1.1% |
| Amounts payable | 17/49 | €2,076,947 | €1,379,499 | -€697,448 | -33.6% |
| Amounts payable after more than one year | 17 | €1,051,999 | €519,859 | -€532,139 | -50.6% |
| Financial debts | 170/4 | €1,051,999 | €519,859 | -€532,139 | -50.6% |
| Amounts payable within one year | 42/48 | €932,599 | €849,141 | -€83,458 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €72,790 | €124,510 | +€51,720 | +71.1% |
| Financial debts | 43 | €409,348 | €257,080 | -€152,269 | -37.2% |
| Credit institutions | 430/8 | €409,348 | €257,080 | -€152,269 | -37.2% |
| Trade debts | 44 | €352,178 | €332,355 | -€19,824 | -5.6% |
| Suppliers | 440/4 | €352,178 | €332,355 | -€19,824 | -5.6% |
| Advances received on contracts in progress | 46 | €6,856 | €4,194 | -€2,663 | -38.8% |
| Taxes, remuneration and social security | 45 | €88,925 | €128,332 | +€39,407 | +44.3% |
| Taxes | 450/3 | €45,890 | €74,454 | +€28,564 | +62.2% |
| Remuneration and social security | 454/9 | €43,035 | €53,878 | +€10,843 | +25.2% |
| Other amounts payable | 47/48 | €2,501 | €2,670 | +€170 | +6.8% |
| Accrued charges and deferred income | 492/3 | €92,350 | €10,499 | -€81,851 | -88.6% |
| Remuneration, social security and pensions | 62 | €245,251 | €256,518 | +€11,267 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,834 | €122,227 | +€23,393 | +23.7% |
| Other operating charges | 640/8 | €3,228 | €22,414 | +€19,186 | +594% |
| Non-recurring operating charges | 66A | - | €59,414 | +€59,414 | |
| Gross operating margin | 9900 | €318,550 | €550,265 | +€231,716 | +72.7% |
| Operating profit (loss) | 9901 | -€28,763 | €89,693 | +€118,456 | |
| Financial income | 75/76B | €7,281 | €35,069 | +€27,788 | +382% |
| Recurring financial income | 75 | €7,281 | €35,069 | +€27,788 | +382% |
| Financial charges | 65/66B | €110,941 | €140,076 | +€29,135 | +26.3% |
| Recurring financial charges | 65 | €110,941 | €122,876 | +€11,935 | +10.8% |
| Non-recurring financial charges | 66B | - | €17,200 | +€17,200 | |
| Profit (loss) for the period before taxes | 9903 | -€132,423 | -€15,314 | +€117,109 | +88.4% |
| Income taxes | 67/77 | -€302 | -€1,345 | -€1,043 | -346% |
| Profit (loss) for the period | 9904 | -€132,121 | -€13,970 | +€118,152 | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€132,121 | -€13,970 | +€118,152 | +89.4% |
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 31 October 2026 via checked.be.