STUDIOMILO: 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.
STUDIOMILO
Largest movements
- Intangible fixed assets -€19,100
down €19,100 (-30.8%), from €61,961 to €42,861
- Receivables within one year -€15,592
down €15,592 (-62.3%), from €25,014 to €9,422
of which Trade receivables: -€16,042
- Tangible fixed assets -€1,797
down €1,797 (-42.9%), from €4,188 to €2,390
of which Furniture and vehicles: -€1,599
- Profit (loss) carried forward -€23,571
down €23,571 (-50.7%), from -€46,476 to -€70,047
- Other debts -€13,061
down €13,061 (-98.3%), from €13,287 to €226
- Tax, wage and social debts -€12,477
down €12,477 (-13.7%), from €90,938 to €78,461
of which Taxes: -€19,068
- Contributions +€12,400
up €12,400 (+200.0%), from €6,200 to €18,600
- Staff costs -€12,105
down €12,105 (-14.4%), from €84,241 to €72,135
- Gross operating margin -€9,988
down €9,988 (-12.6%), from €79,339 to €69,352
- Depreciation -€9,436
down €9,436 (-31.1%), from €30,333 to €20,897
- Taxes -€7,833
down €7,833, from €174 to -€7,658
- Other operating charges -€3,744
down €3,744 (-47.5%), from €7,886 to €4,142
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,343 | €55,123 | -€36,220 | -39.7% |
| Fixed assets | 21/28 | €66,328 | €45,431 | -€20,897 | -31.5% |
| Intangible fixed assets | 21 | €61,961 | €42,861 | -€19,100 | -30.8% |
| Tangible fixed assets | 22/27 | €4,188 | €2,390 | -€1,797 | -42.9% |
| Plant, machinery and equipment | 23 | €724 | €526 | -€198 | -27.4% |
| Furniture and vehicles | 24 | €3,463 | €1,864 | -€1,599 | -46.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €25,014 | €9,692 | -€15,323 | -61.3% |
| Amounts receivable within one year | 40/41 | €25,014 | €9,422 | -€15,592 | -62.3% |
| Trade receivables | 40 | €22,205 | €6,163 | -€16,042 | -72.2% |
| Other amounts receivable | 41 | €2,809 | €3,259 | +€450 | +16.0% |
| Deferred charges and accrued income | 490/1 | - | €270 | +€270 | |
| Total equity and liabilities | 10/49 | €91,343 | €55,123 | -€36,220 | -39.7% |
| Equity | 10/15 | -€30,492 | -€41,664 | -€11,171 | -36.6% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200.0% |
| Reserves | 13 | €9,784 | €9,784 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €7,924 | €7,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,476 | -€70,047 | -€23,571 | -50.7% |
| Amounts payable | 17/49 | €121,835 | €96,787 | -€25,048 | -20.6% |
| Amounts payable within one year | 42/48 | €121,835 | €96,787 | -€25,048 | -20.6% |
| Financial debts | 43 | €6,640 | €7,362 | +€723 | +10.9% |
| Credit institutions | 430/8 | €6,640 | €7,362 | +€723 | +10.9% |
| Trade debts | 44 | €10,970 | €10,737 | -€233 | -2.1% |
| Suppliers | 440/4 | €10,970 | €10,737 | -€233 | -2.1% |
| Taxes, remuneration and social security | 45 | €90,938 | €78,461 | -€12,477 | -13.7% |
| Taxes | 450/3 | €47,949 | €28,881 | -€19,068 | -39.8% |
| Remuneration and social security | 454/9 | €42,990 | €49,580 | +€6,591 | +15.3% |
| Other amounts payable | 47/48 | €13,287 | €226 | -€13,061 | -98.3% |
| Remuneration, social security and pensions | 62 | €84,241 | €72,135 | -€12,105 | -14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,333 | €20,897 | -€9,436 | -31.1% |
| Other operating charges | 640/8 | €7,886 | €4,142 | -€3,744 | -47.5% |
| Gross operating margin | 9900 | €79,339 | €69,352 | -€9,988 | -12.6% |
| Operating profit (loss) | 9901 | -€43,120 | -€27,822 | +€15,298 | +35.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,182 | €3,408 | +€226 | +7.1% |
| Recurring financial charges | 65 | €3,182 | €3,408 | +€226 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,302 | -€31,230 | +€15,072 | +32.6% |
| Income taxes | 67/77 | €174 | -€7,658 | -€7,833 | |
| Profit (loss) for the period | 9904 | -€46,476 | -€23,571 | +€22,905 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,476 | -€23,571 | +€22,905 | +49.3% |
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.