TBLM studios: 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.
TBLM studios
Largest movements
- Cash +€21,552
up €21,552 (+44.1%), from €48,867 to €70,419
mainly Net result for the year (+€17,224) and Depreciation (+€14,409)
- Receivables within one year +€8,579
up €8,579 (+435%), from €1,972 to €10,551
of which Trade receivables: +€6,865
- Tangible fixed assets -€7,264
down €7,264 (-21.2%), from €34,229 to €26,965
of which Furniture and vehicles: -€5,029
- Current investments -€4,034
down €4,034 (-39.5%), from €10,221 to €6,186
- Reserves +€17,224
up €17,224 (+28.7%), from €60,031 to €77,255
of which Distributable reserves: +€17,224
- Short-term financial debts +€3,438
up €3,438 (+1,984%), from €173 to €3,612
- Tax, wage and social debts -€1,639
down €1,639 (-40.4%), from €4,058 to €2,419
of which Taxes: -€1,489
- Gross operating margin +€25,205
up €25,205 (+513%), from €4,914 to €30,119
- Taxes -€7,620
down €7,620, from €5,701 to -€1,919
- Depreciation +€2,664
up €2,664 (+22.7%), from €11,745 to €14,409
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 | €96,330 | €115,190 | +€18,860 | +19.6% |
| Fixed assets | 21/28 | €34,229 | €26,965 | -€7,264 | -21.2% |
| Tangible fixed assets | 22/27 | €34,229 | €26,965 | -€7,264 | -21.2% |
| Plant, machinery and equipment | 23 | €16,400 | €14,165 | -€2,235 | -13.6% |
| Furniture and vehicles | 24 | €17,829 | €12,800 | -€5,029 | -28.2% |
| Current assets | 29/58 | €62,101 | €88,225 | +€26,123 | +42.1% |
| Amounts receivable within one year | 40/41 | €1,972 | €10,551 | +€8,579 | +435% |
| Trade receivables | 40 | - | €6,865 | +€6,865 | |
| Other amounts receivable | 41 | €1,972 | €3,686 | +€1,714 | +86.9% |
| Current investments | 50/53 | €10,221 | €6,186 | -€4,034 | -39.5% |
| Cash at bank and in hand | 54/58 | €48,867 | €70,419 | +€21,552 | +44.1% |
| Deferred charges and accrued income | 490/1 | €1,042 | €1,069 | +€26 | +2.5% |
| Total equity and liabilities | 10/49 | €96,330 | €115,190 | +€18,860 | +19.6% |
| Equity | 10/15 | €90,031 | €107,255 | +€17,224 | +19.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €60,031 | €77,255 | +€17,224 | +28.7% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €57,031 | €74,255 | +€17,224 | +30.2% |
| Amounts payable | 17/49 | €6,299 | €7,935 | +€1,636 | +26.0% |
| Amounts payable within one year | 42/48 | €6,299 | €7,935 | +€1,636 | +26.0% |
| Financial debts | 43 | €173 | €3,612 | +€3,438 | +1,984% |
| Credit institutions | 430/8 | €173 | €3,612 | +€3,438 | +1,984% |
| Trade debts | 44 | €163 | - | -€163 | |
| Suppliers | 440/4 | €163 | - | -€163 | |
| Taxes, remuneration and social security | 45 | €4,058 | €2,419 | -€1,639 | -40.4% |
| Taxes | 450/3 | €3,908 | €2,419 | -€1,489 | -38.1% |
| Remuneration and social security | 454/9 | €150 | - | -€150 | |
| Other amounts payable | 47/48 | €1,904 | €1,904 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,745 | €14,409 | +€2,664 | +22.7% |
| Gross operating margin | 9900 | €4,914 | €30,119 | +€25,205 | +513% |
| Operating profit (loss) | 9901 | -€6,831 | €15,709 | +€22,541 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €279 | €404 | +€125 | +44.9% |
| Recurring financial charges | 65 | €279 | €404 | +€125 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,110 | €15,305 | +€22,415 | |
| Income taxes | 67/77 | €5,701 | -€1,919 | -€7,620 | |
| Profit (loss) for the period | 9904 | -€12,811 | €17,224 | +€30,035 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,811 | €17,224 | +€30,035 |
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 14 October 2026 via checked.be.