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StudioThreeSixty: 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.

What changed

StudioThreeSixty

BE 0768.936.618
NACE 73.300, Public relations and communication consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,414
2024 · €50,642-€42,227
Equity
€118,286
2024 · €129,871-€11,586
Cash
€64,974
2024 · €60,289+€4,684
Balance sheet total
€205,085
2024 · €206,903-€1,818

Largest movements

2024 to 2025
Assets
  • Intangible fixed assets -€7,500

    down €7,500 (-15.3%), from €48,863 to €41,363

  • Receivables within one year +€5,033

    up €5,033 (+9.3%), from €54,246 to €59,279

    of which Other amounts receivable: +€6,826

  • Cash +€4,684

    up €4,684 (+7.8%), from €60,289 to €64,974

    mainly Depreciation (+€27,694) and Other debts (+€20,000)

  • Tangible fixed assets -€4,500

    down €4,500 (-10.9%), from €41,272 to €36,772

    of which Plant, machinery and equipment: -€5,319

Equity and liabilities
  • Other debts +€20,000

    new in 2025: €20,000

  • Trade debts -€17,209

    down €17,209 (-42.5%), from €40,461 to €23,252

  • Reserves -€11,586

    down €11,586 (-58.3%), from €19,871 to €8,286

  • Tax, wage and social debts +€11,189

    up €11,189 (+47.3%), from €23,668 to €34,857

    of which Remuneration and social security: +€17,400

  • Accrued charges and deferred income -€3,983

    down €3,983 (-100.0%), from €3,983 to €0

Income statement
  • Staff costs +€38,509

    up €38,509 (+52.4%), from €73,490 to €111,999

  • Depreciation +€9,065

    up €9,065 (+48.7%), from €18,629 to €27,694

  • Gross operating margin -€6,274

    down €6,274 (-3.9%), from €162,849 to €156,575

  • Other operating charges -€6,247

    down €6,247 (-63.4%), from €9,851 to €3,604

  • Taxes -€4,471

    down €4,471 (-51.8%), from €8,627 to €4,156

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €50,642
Gross operating margin -€6,274
Staff costs -€38,509
Depreciation -€9,065
Other operating charges +€6,247
Financial income +€48
Financial charges +€854
Taxes +€4,471
Result 2025 €8,414

Cash bridge derived

cash 2024 to 2025

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.

From operations +€40,607
Investment -€15,694
Financing -€20,229
Cash 2024 €60,289
Net result for the year +€8,414
Depreciation +€27,694
Receivables within one year -€5,033
Deferred charges and accrued income -€464
Trade debts -€17,209
Tax, wage and social debts +€11,189
Other debts +€20,000
Accrued charges and deferred income -€3,983
Investment in fixed assets (net) -€15,694
Debts after one year -€3,742
Current portion of long-term debt +€180
Short-term financial debts +€3,333
Contributions, distributions and other -€20,000
Cash 2025 €64,974
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €206,903 €205,085 -€1,818 -0.9%
Fixed assets 21/28 €90,135 €78,135 -€12,000 -13.3%
Intangible fixed assets 21 €48,863 €41,363 -€7,500 -15.3%
Tangible fixed assets 22/27 €41,272 €36,772 -€4,500 -10.9%
Plant, machinery and equipment 23 €15,927 €10,608 -€5,319 -33.4%
Furniture and vehicles 24 €21,626 €24,931 +€3,305 +15.3%
Leasing and similar rights 25 €3,719 €1,233 -€2,486 -66.8%
Current assets 29/58 €116,768 €126,950 +€10,182 +8.7%
Amounts receivable within one year 40/41 €54,246 €59,279 +€5,033 +9.3%
Trade receivables 40 €54,246 €52,453 -€1,793 -3.3%
Other amounts receivable 41 €0 €6,826 +€6,826
Cash at bank and in hand 54/58 €60,289 €64,974 +€4,684 +7.8%
Deferred charges and accrued income 490/1 €2,233 €2,697 +€464 +20.8%
Total equity and liabilities 10/49 €206,903 €205,085 -€1,818 -0.9%
Equity 10/15 €129,871 €118,286 -€11,586 -8.9%
Contributions 10/11 €110,000 €110,000 = 0.0%
Reserves 13 €19,871 €8,286 -€11,586 -58.3%
Distributable reserves 133 €19,871 €8,286 -€11,586 -58.3%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €77,032 €86,799 +€9,767 +12.7%
Amounts payable after more than one year 17 €5,357 €1,615 -€3,742 -69.9%
Financial debts 170/4 €5,357 €1,615 -€3,742 -69.9%
Amounts payable within one year 42/48 €67,692 €85,185 +€17,493 +25.8%
Current portion of amounts payable after more than one year 42 €3,562 €3,742 +€180 +5.1%
Financial debts 43 - €3,333 +€3,333
Credit institutions 430/8 - €3,333 +€3,333
Trade debts 44 €40,461 €23,252 -€17,209 -42.5%
Suppliers 440/4 €40,461 €23,252 -€17,209 -42.5%
Taxes, remuneration and social security 45 €23,668 €34,857 +€11,189 +47.3%
Taxes 450/3 €13,101 €6,889 -€6,212 -47.4%
Remuneration and social security 454/9 €10,567 €27,968 +€17,400 +164.7%
Other amounts payable 47/48 - €20,000 +€20,000
Accrued charges and deferred income 492/3 €3,983 €0 -€3,983 -100.0%
Remuneration, social security and pensions 62 €73,490 €111,999 +€38,509 +52.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,629 €27,694 +€9,065 +48.7%
Other operating charges 640/8 €9,851 €3,604 -€6,247 -63.4%
Gross operating margin 9900 €162,849 €156,575 -€6,274 -3.9%
Operating profit (loss) 9901 €60,879 €13,279 -€47,600 -78.2%
Financial income 75/76B €41 €89 +€48 +117.7%
Recurring financial income 75 €41 €89 +€48 +117.7%
Financial charges 65/66B €1,651 €798 -€854 -51.7%
Recurring financial charges 65 €1,651 €798 -€854 -51.7%
Profit (loss) for the period before taxes 9903 €59,269 €12,570 -€46,698 -78.8%
Income taxes 67/77 €8,627 €4,156 -€4,471 -51.8%
Profit (loss) for the period 9904 €50,642 €8,414 -€42,227 -83.4%
Profit (loss) for the period to be appropriated 9905 €50,642 €8,414 -€42,227 -83.4%

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.