B2 STUDIO: what changed
B2 STUDIO
Largest movements
- Tangible fixed assets -€8,919
down €8,919 (-37.5%), from €23,814 to €14,895
of which Furniture and vehicles: -€6,688
- Receivables within one year -€3,598
down €3,598 (-29.1%), from €12,383 to €8,785
of which Trade receivables: -€3,296
- Intangible fixed assets -€2,229
down €2,229 (-50.4%), from €4,423 to €2,194
- Deferred charges and accrued income +€1,041
up €1,041 (+327%), from €319 to €1,360
- Cash +€895
up €895 (+2.4%), from €36,769 to €37,663
mainly Depreciation (+€14,416) and Receivables within one year (+€3,598)
- Profit (loss) carried forward -€5,930
down €5,930 (-18.4%), from €32,247 to €26,317
- Debts after one year -€4,590
down €4,590 (-47.6%), from €9,651 to €5,061
- Tax, wage and social debts -€1,408
down €1,408 (-97.3%), from €1,447 to €40
- Gross operating margin +€11,064
up €11,064, from -€981 to €10,084
- Purchases and services -€9,251
down €9,251 (-19.4%), from €47,616 to €38,365
- Turnover +€1,794
up €1,794 (+3.8%), from €46,635 to €48,429
- Depreciation -€1,487
down €1,487 (-9.4%), from €15,903 to €14,416
- Other operating charges -€1,378
down €1,378 (-62.7%), from €2,198 to €820
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,707 | €64,896 | -€12,811 | -16.5% |
| Fixed assets | 21/28 | €28,237 | €17,089 | -€11,149 | -39.5% |
| Intangible fixed assets | 21 | €4,423 | €2,194 | -€2,229 | -50.4% |
| Tangible fixed assets | 22/27 | €23,814 | €14,895 | -€8,919 | -37.5% |
| Plant, machinery and equipment | 23 | €6,885 | €4,729 | -€2,156 | -31.3% |
| Furniture and vehicles | 24 | €16,554 | €9,866 | -€6,688 | -40.4% |
| Other tangible fixed assets | 26 | €375 | €300 | -€75 | -20.0% |
| Current assets | 29/58 | €49,470 | €47,808 | -€1,663 | -3.4% |
| Amounts receivable within one year | 40/41 | €12,383 | €8,785 | -€3,598 | -29.1% |
| Trade receivables | 40 | €8,729 | €5,433 | -€3,296 | -37.8% |
| Other amounts receivable | 41 | €3,654 | €3,352 | -€302 | -8.3% |
| Cash at bank and in hand | 54/58 | €36,769 | €37,663 | +€895 | +2.4% |
| Deferred charges and accrued income | 490/1 | €319 | €1,360 | +€1,041 | +327% |
| Total equity and liabilities | 10/49 | €77,707 | €64,896 | -€12,811 | -16.5% |
| Equity | 10/15 | €60,469 | €54,539 | -€5,930 | -9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €9,622 | €9,622 | = | 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% |
| Tax-exempt reserves | 132 | €7,762 | €7,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,247 | €26,317 | -€5,930 | -18.4% |
| Amounts payable | 17/49 | €17,239 | €10,357 | -€6,882 | -39.9% |
| Amounts payable after more than one year | 17 | €9,651 | €5,061 | -€4,590 | -47.6% |
| Financial debts | 170/4 | €9,651 | €5,061 | -€4,590 | -47.6% |
| Amounts payable within one year | 42/48 | €7,588 | €5,297 | -€2,291 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €4,751 | €4,590 | -€160 | -3.4% |
| Trade debts | 44 | €1,390 | €667 | -€723 | -52.0% |
| Suppliers | 440/4 | €1,390 | €667 | -€723 | -52.0% |
| Taxes, remuneration and social security | 45 | €1,447 | €40 | -€1,408 | -97.3% |
| Taxes | 450/3 | €1,447 | €40 | -€1,408 | -97.3% |
| Turnover | 70 | €46,635 | €48,429 | +€1,794 | +3.8% |
| Non-recurring operating income | 76A | - | €20 | +€20 | |
| Goods, raw materials, services and sundry goods | 60/61 | €47,616 | €38,365 | -€9,251 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,903 | €14,416 | -€1,487 | -9.4% |
| Other operating charges | 640/8 | €2,198 | €820 | -€1,378 | -62.7% |
| Non-recurring operating charges | 66A | €647 | - | -€647 | |
| Gross operating margin | 9900 | -€981 | €10,084 | +€11,064 | |
| Operating profit (loss) | 9901 | -€19,728 | -€5,152 | +€14,576 | +73.9% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.2% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.2% |
| Financial charges | 65/66B | €981 | €778 | -€203 | -20.7% |
| Recurring financial charges | 65 | €981 | €778 | -€203 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,707 | -€5,930 | +€14,777 | +71.4% |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | -€20,761 | -€5,930 | +€14,831 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,761 | -€5,930 | +€14,831 | +71.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.