STUDIOOM: 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.
STUDIOOM
Largest movements
- Financial fixed assets +€4.7m
up €4.7m (+92.6%), from €5.0m to €9.7m
- Receivables within one year -€2.3m
down €2.3m (-86.3%), from €2.7m to €366,282
of which Other amounts receivable: -€2.3m
- Tangible fixed assets -€1.2m
down €1.2m (-9.4%), from €13.0m to €11.7m
of which Land and buildings: -€1.2m
- Cash -€441,080
down €441,080 (-27.8%), from €1.6m to €1.1m
mainly Investment in fixed assets (net) (-€4.6m) and Debts after one year (-€992,300)
- Reserves +€1.3m
up €1.3m (+9.8%), from €13.7m to €15.0m
of which Distributable reserves: +€2.8m
- Debts after one year -€992,300
down €992,300 (-20.3%), from €4.9m to €3.9m
- Other debts +€986,335
up €986,335 (+210%), from €468,743 to €1.5m
- Short-term financial debts -€764,398
down €764,398 (-13.4%), from €5.7m to €4.9m
- Financial income +€2.2m
up €2.2m (+198%), from €1.1m to €3.3m
of which Non-recurring financial income: +€2.0m
- Taxes +€601,172
up €601,172 (+246%), from €244,778 to €845,950
- Other operating charges +€304,625
up €304,625 (+136%), from €223,593 to €528,218
- Gross operating margin +€125,073
up €125,073 (+11.3%), from €1.1m to €1.2m
- Depreciation +€31,456
up €31,456 (+2.8%), from €1.1m to €1.2m
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,746,446 | €27,301,380 | +€554,934 | +2.1% |
| Fixed assets | 21/28 | €18,010,903 | €21,452,089 | +€3.4m | +19.1% |
| Tangible fixed assets | 22/27 | €12,972,664 | €11,749,660 | -€1.2m | -9.4% |
| Land and buildings | 22 | €12,862,002 | €11,660,614 | -€1.2m | -9.3% |
| Plant, machinery and equipment | 23 | €2,795 | €2,233 | -€562 | -20.1% |
| Furniture and vehicles | 24 | €107,867 | €86,813 | -€21,054 | -19.5% |
| Financial fixed assets | 28 | €5,038,239 | €9,702,429 | +€4.7m | +92.6% |
| Current assets | 29/58 | €8,735,543 | €5,849,291 | -€2.9m | -33.0% |
| Amounts receivable after more than one year | 29 | €4,098,089 | €3,893,026 | -€205,063 | -5.0% |
| Other amounts receivable | 291 | €4,098,089 | €3,893,026 | -€205,063 | -5.0% |
| Stocks and contracts in progress | 3 | €20,479 | €40,393 | +€19,914 | +97.2% |
| Stocks | 30/36 | €20,479 | €40,393 | +€19,914 | +97.2% |
| Amounts receivable within one year | 40/41 | €2,680,392 | €366,282 | -€2.3m | -86.3% |
| Trade receivables | 40 | €16,657 | - | -€16,657 | |
| Other amounts receivable | 41 | €2,663,735 | €366,282 | -€2.3m | -86.2% |
| Cash at bank and in hand | 54/58 | €1,588,940 | €1,147,860 | -€441,080 | -27.8% |
| Deferred charges and accrued income | 490/1 | €347,643 | €401,730 | +€54,087 | +15.6% |
| Total equity and liabilities | 10/49 | €26,746,446 | €27,301,380 | +€554,934 | +2.1% |
| Equity | 10/15 | €14,196,268 | €15,542,089 | +€1.3m | +9.5% |
| Contributions | 10/11 | €526,875 | €526,875 | = | 0.0% |
| Capital | 10 | €526,875 | €526,875 | = | 0.0% |
| Issued capital | 100 | €526,875 | €526,875 | = | 0.0% |
| Reserves | 13 | €13,669,393 | €15,015,214 | +€1.3m | +9.8% |
| Non-distributable reserves | 130/1 | €130,688 | €130,688 | = | 0.0% |
| Legal reserve | 130 | €130,688 | €130,688 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,102,392 | €3,636,192 | -€1.5m | -28.7% |
| Distributable reserves | 133 | €8,436,313 | €11,248,334 | +€2.8m | +33.3% |
| Amounts payable | 17/49 | €12,550,178 | €11,759,291 | -€790,887 | -6.3% |
| Amounts payable after more than one year | 17 | €4,888,742 | €3,896,442 | -€992,300 | -20.3% |
| Financial debts | 170/4 | €4,888,742 | €3,896,442 | -€992,300 | -20.3% |
| Amounts payable within one year | 42/48 | €7,569,961 | €7,802,760 | +€232,799 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €1,263,892 | €1,221,426 | -€42,466 | -3.4% |
| Financial debts | 43 | €5,696,595 | €4,932,197 | -€764,398 | -13.4% |
| Credit institutions | 430/8 | €5,696,595 | €4,932,197 | -€764,398 | -13.4% |
| Trade debts | 44 | €82,538 | €155,342 | +€72,804 | +88.2% |
| Suppliers | 440/4 | €82,538 | €155,342 | +€72,804 | +88.2% |
| Advances received on contracts in progress | 46 | €46,115 | €25,045 | -€21,070 | -45.7% |
| Taxes, remuneration and social security | 45 | €12,078 | €13,672 | +€1,594 | +13.2% |
| Taxes | 450/3 | €69 | €753 | +€684 | +991% |
| Remuneration and social security | 454/9 | €12,009 | €12,919 | +€910 | +7.6% |
| Other amounts payable | 47/48 | €468,743 | €1,455,078 | +€986,335 | +210% |
| Accrued charges and deferred income | 492/3 | €91,475 | €60,089 | -€31,386 | -34.3% |
| Remuneration, social security and pensions | 62 | €41,653 | €48,570 | +€6,917 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132,724 | €1,164,180 | +€31,456 | +2.8% |
| Other operating charges | 640/8 | €223,593 | €528,218 | +€304,625 | +136% |
| Gross operating margin | 9900 | €1,106,386 | €1,231,459 | +€125,073 | +11.3% |
| Operating profit (loss) | 9901 | -€291,584 | -€509,509 | -€217,925 | -74.7% |
| Financial income | 75/76B | €1,091,640 | €3,254,396 | +€2.2m | +198% |
| Recurring financial income | 75 | €321,611 | €436,606 | +€114,995 | +35.8% |
| Non-recurring financial income | 76B | €770,029 | €2,817,790 | +€2.0m | +266% |
| Financial charges | 65/66B | €547,154 | €553,116 | +€5,962 | +1.1% |
| Recurring financial charges | 65 | €547,154 | €553,116 | +€5,962 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €252,902 | €2,191,771 | +€1.9m | +767% |
| Income taxes | 67/77 | €244,778 | €845,950 | +€601,172 | +246% |
| Profit (loss) for the period | 9904 | €8,124 | €1,345,821 | +€1.3m | +16,466% |
| Transfer from tax-exempt reserves | 789 | €1,716,450 | €2,202,450 | +€486,000 | +28.3% |
| Transfer to tax-exempt reserves | 689 | €842,000 | €736,250 | -€105,750 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €882,574 | €2,812,021 | +€1.9m | +219% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.