Tiguidou Studio: 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.
Tiguidou Studio
Largest movements
- Receivables within one year +€27,874
up €27,874 (+12811.3%), from €218 to €28,091
of which Trade receivables: +€27,881
- Cash +€19,021
up €19,021 (+18832.8%), from €101 to €19,122
mainly Net result for the year (+€46,877) and Tax, wage and social debts (+€8,546)
- Tangible fixed assets +€14,599
new in 2025: €14,599
- Deferred charges and accrued income +€1,287
new in 2025: €1,287
- Profit (loss) carried forward +€46,044
up €46,044, from -€1,482 to €44,562
- Tax, wage and social debts +€8,546
new in 2025: €8,546
- Trade debts +€6,158
up €6,158 (+33929.5%), from €18 to €6,176
- Other debts +€2,032
up €2,032 (+120.9%), from €1,681 to €3,713
- Gross operating margin +€76,567
up €76,567, from -€1,482 to €75,085
- Taxes +€12,351
new in 2025: €12,351
- Staff costs +€11,289
new in 2025: €11,289
- Depreciation +€4,406
new in 2025: €4,406
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
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 | €319 | €63,099 | +€62,780 | +19706.9% |
| Fixed assets | 21/28 | - | €14,599 | +€14,599 | |
| Tangible fixed assets | 22/27 | - | €14,599 | +€14,599 | |
| Furniture and vehicles | 24 | - | €14,599 | +€14,599 | |
| Current assets | 29/58 | €319 | €48,500 | +€48,182 | +15124.3% |
| Amounts receivable within one year | 40/41 | €218 | €28,091 | +€27,874 | +12811.3% |
| Trade receivables | 40 | - | €27,881 | +€27,881 | |
| Other amounts receivable | 41 | €218 | €210 | -€8 | -3.5% |
| Cash at bank and in hand | 54/58 | €101 | €19,122 | +€19,021 | +18832.8% |
| Deferred charges and accrued income | 490/1 | - | €1,287 | +€1,287 | |
| Total equity and liabilities | 10/49 | €319 | €63,099 | +€62,780 | +19706.9% |
| Equity | 10/15 | -€1,381 | €44,663 | +€46,044 | |
| Contributions | 10/11 | €101 | €101 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,482 | €44,562 | +€46,044 | |
| Amounts payable | 17/49 | €1,699 | €18,436 | +€16,736 | +985.0% |
| Amounts payable within one year | 42/48 | €1,699 | €18,436 | +€16,736 | +985.0% |
| Trade debts | 44 | €18 | €6,176 | +€6,158 | +33929.5% |
| Suppliers | 440/4 | €18 | €6,176 | +€6,158 | +33929.5% |
| Taxes, remuneration and social security | 45 | - | €8,546 | +€8,546 | |
| Taxes | 450/3 | - | €8,546 | +€8,546 | |
| Other amounts payable | 47/48 | €1,681 | €3,713 | +€2,032 | +120.9% |
| Remuneration, social security and pensions | 62 | - | €11,289 | +€11,289 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,406 | +€4,406 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | -€1,482 | €75,085 | +€76,567 | |
| Operating profit (loss) | 9901 | -€1,482 | €59,247 | +€60,728 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €20 | +€20 | |
| Recurring financial charges | 65 | - | €20 | +€20 | |
| Profit (loss) for the period before taxes | 9903 | -€1,482 | €59,228 | +€60,710 | |
| Income taxes | 67/77 | - | €12,351 | +€12,351 | |
| Profit (loss) for the period | 9904 | -€1,482 | €46,877 | +€48,358 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,482 | €46,877 | +€48,358 |
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 3 October 2026 via checked.be.