STUDIO B: 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.
STUDIO B
Largest movements
- Tangible fixed assets -€14,238
down €14,238 (-2.1%), from €664,161 to €649,923
- Profit (loss) carried forward -€8,950
down €8,950 (-3.0%), from -€295,241 to -€304,191
- Gross operating margin +€1,099
up €1,099 (+21.3%), from €5,164 to €6,263
- Financial income +€672
up €672 (+234%), from €287 to €958
- Other operating charges -€532
down €532 (-23.0%), from €2,316 to €1,784
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 | €828,149 | €819,473 | -€8,676 | -1.0% |
| Fixed assets | 21/28 | €664,161 | €649,923 | -€14,238 | -2.1% |
| Tangible fixed assets | 22/27 | €664,161 | €649,923 | -€14,238 | -2.1% |
| Land and buildings | 22 | €664,161 | €649,923 | -€14,238 | -2.1% |
| Current assets | 29/58 | €163,988 | €169,550 | +€5,562 | +3.4% |
| Amounts receivable within one year | 40/41 | €725 | €926 | +€202 | +27.8% |
| Other amounts receivable | 41 | €725 | €926 | +€202 | +27.8% |
| Cash at bank and in hand | 54/58 | €160,213 | €165,574 | +€5,361 | +3.3% |
| Deferred charges and accrued income | 490/1 | €3,050 | €3,050 | = | 0.0% |
| Total equity and liabilities | 10/49 | €828,149 | €819,473 | -€8,676 | -1.0% |
| Equity | 10/15 | -€274,790 | -€283,740 | -€8,950 | -3.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,241 | -€304,191 | -€8,950 | -3.0% |
| Amounts payable | 17/49 | €1,102,939 | €1,103,213 | +€275 | 0.0% |
| Amounts payable after more than one year | 17 | €1,102,044 | €1,102,044 | = | 0.0% |
| Other amounts payable | 178/9 | €1,102,044 | €1,102,044 | = | 0.0% |
| Amounts payable within one year | 42/48 | €895 | €1,169 | +€275 | +30.7% |
| Trade debts | 44 | €735 | €1,073 | +€338 | +45.9% |
| Suppliers | 440/4 | €735 | €1,073 | +€338 | +45.9% |
| Other amounts payable | 47/48 | €160 | €97 | -€63 | -39.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,238 | €14,238 | = | 0.0% |
| Other operating charges | 640/8 | €2,316 | €1,784 | -€532 | -23.0% |
| Gross operating margin | 9900 | €5,164 | €6,263 | +€1,099 | +21.3% |
| Operating profit (loss) | 9901 | -€11,389 | -€9,759 | +€1,630 | +14.3% |
| Financial income | 75/76B | €287 | €958 | +€672 | +234% |
| Recurring financial income | 75 | €287 | €958 | +€672 | +234% |
| Financial charges | 65/66B | €134 | €150 | +€16 | +11.6% |
| Recurring financial charges | 65 | €134 | €150 | +€16 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,237 | -€8,950 | +€2,286 | +20.3% |
| Profit (loss) for the period | 9904 | -€11,237 | -€8,950 | +€2,286 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,237 | -€8,950 | +€2,286 | +20.3% |
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.