TW-STUDIO INTERIORS: 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.
TW-STUDIO INTERIORS
Largest movements
- Tangible fixed assets -€39,984
down €39,984 (-7.2%), from €553,259 to €513,275
of which Land and buildings: -€27,000
- Receivables within one year +€10,763
up €10,763 (+35.5%), from €30,285 to €41,048
of which Trade receivables: +€12,590
- Cash +€9,226
up €9,226 (+54.7%), from €16,882 to €26,109
mainly Depreciation (+€39,984) and Other debts (+€9,942)
- Debts after one year -€38,026
down €38,026 (-8.1%), from €468,160 to €430,134
- Other debts +€9,942
up €9,942 (+57.1%), from €17,426 to €27,368
- Trade debts -€6,235
down €6,235 (-27.4%), from €22,775 to €16,540
- Gross operating margin +€8,289
up €8,289 (+16.5%), from €50,229 to €58,518
- Write-downs -€5,248
no longer reported in 2024 (was €5,248)
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 | €617,128 | €589,350 | -€27,777 | -4.5% |
| Fixed assets | 21/28 | €553,259 | €513,275 | -€39,984 | -7.2% |
| Tangible fixed assets | 22/27 | €553,259 | €513,275 | -€39,984 | -7.2% |
| Land and buildings | 22 | €529,046 | €502,046 | -€27,000 | -5.1% |
| Plant, machinery and equipment | 23 | €24,213 | €11,229 | -€12,984 | -53.6% |
| Current assets | 29/58 | €63,869 | €76,075 | +€12,206 | +19.1% |
| Stocks and contracts in progress | 3 | €14,904 | €8,919 | -€5,985 | -40.2% |
| Stocks | 30/36 | €14,904 | €8,919 | -€5,985 | -40.2% |
| Amounts receivable within one year | 40/41 | €30,285 | €41,048 | +€10,763 | +35.5% |
| Trade receivables | 40 | €14,506 | €27,096 | +€12,590 | +86.8% |
| Other amounts receivable | 41 | €15,779 | €13,952 | -€1,827 | -11.6% |
| Cash at bank and in hand | 54/58 | €16,882 | €26,109 | +€9,226 | +54.7% |
| Deferred charges and accrued income | 490/1 | €1,797 | - | -€1,797 | |
| Total equity and liabilities | 10/49 | €617,128 | €589,350 | -€27,777 | -4.5% |
| Equity | 10/15 | €71,300 | €77,283 | +€5,983 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €50,840 | €56,823 | +€5,983 | +11.8% |
| Amounts payable | 17/49 | €545,827 | €512,067 | -€33,760 | -6.2% |
| Amounts payable after more than one year | 17 | €468,160 | €430,134 | -€38,026 | -8.1% |
| Financial debts | 170/4 | €468,160 | €430,134 | -€38,026 | -8.1% |
| Amounts payable within one year | 42/48 | €77,668 | €81,933 | +€4,266 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €37,467 | €38,026 | +€559 | +1.5% |
| Trade debts | 44 | €22,775 | €16,540 | -€6,235 | -27.4% |
| Suppliers | 440/4 | €22,775 | €16,540 | -€6,235 | -27.4% |
| Other amounts payable | 47/48 | €17,426 | €27,368 | +€9,942 | +57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,984 | €39,984 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,248 | - | -€5,248 | |
| Other operating charges | 640/8 | €4,893 | €5,190 | +€297 | +6.1% |
| Gross operating margin | 9900 | €50,229 | €58,518 | +€8,289 | +16.5% |
| Operating profit (loss) | 9901 | €105 | €13,345 | +€13,240 | +12,643% |
| Financial income | 75/76B | €447 | €583 | +€135 | +30.2% |
| Recurring financial income | 75 | €447 | €583 | +€135 | +30.2% |
| Financial charges | 65/66B | €8,397 | €7,945 | -€452 | -5.4% |
| Recurring financial charges | 65 | €8,397 | €7,945 | -€452 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,845 | €5,983 | +€13,827 | |
| Profit (loss) for the period | 9904 | -€7,845 | €5,983 | +€13,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,845 | €5,983 | +€13,827 |
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 17 October 2026 via checked.be.