S STUDIO: 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.
S STUDIO
Largest movements
- Cash +€18,459
up €18,459 (+202.0%), from €9,139 to €27,598
mainly Tax, wage and social debts (+€9,550) and Depreciation (+€5,612)
- Tangible fixed assets -€4,473
down €4,473 (-29.8%), from €15,016 to €10,544
of which Furniture and vehicles: -€3,357
- Stocks and contracts +€580
up €580 (+11.2%), from €5,186 to €5,766
- Tax, wage and social debts +€9,550
up €9,550 (+168.7%), from €5,660 to €15,210
of which Taxes: +€6,392
- Trade debts +€2,443
up €2,443 (+263.3%), from €928 to €3,371
- Profit (loss) carried forward +€2,309
up €2,309 (+33.0%), from €6,995 to €9,304
- Gross operating margin +€21,057
up €21,057 (+62.0%), from €33,943 to €55,000
- Staff costs +€16,888
up €16,888 (+69.4%), from €24,349 to €41,236
- Turnover +€15,274
up €15,274 (+12.2%), from €125,588 to €140,862
- Purchases and services -€4,182
down €4,182 (-4.5%), from €93,452 to €89,270
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 | €30,430 | €44,783 | +€14,353 | +47.2% |
| Fixed assets | 21/28 | €15,016 | €10,544 | -€4,473 | -29.8% |
| Tangible fixed assets | 22/27 | €15,016 | €10,544 | -€4,473 | -29.8% |
| Plant, machinery and equipment | 23 | €5,734 | €4,619 | -€1,115 | -19.5% |
| Furniture and vehicles | 24 | €9,282 | €5,925 | -€3,357 | -36.2% |
| Current assets | 29/58 | €15,413 | €34,240 | +€18,826 | +122.1% |
| Stocks and contracts in progress | 3 | €5,186 | €5,766 | +€580 | +11.2% |
| Stocks | 30/36 | €5,186 | €5,766 | +€580 | +11.2% |
| Amounts receivable within one year | 40/41 | €1,088 | €875 | -€213 | -19.6% |
| Trade receivables | 40 | €1,088 | - | -€1,088 | |
| Other amounts receivable | 41 | - | €875 | +€875 | |
| Cash at bank and in hand | 54/58 | €9,139 | €27,598 | +€18,459 | +202.0% |
| Total equity and liabilities | 10/49 | €30,430 | €44,783 | +€14,353 | +47.2% |
| Equity | 10/15 | €16,995 | €19,304 | +€2,309 | +13.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,995 | €9,304 | +€2,309 | +33.0% |
| Amounts payable | 17/49 | €13,435 | €25,479 | +€12,044 | +89.6% |
| Amounts payable after more than one year | 17 | €4,899 | €4,899 | = | 0.0% |
| Other amounts payable | 178/9 | €4,899 | €4,899 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,537 | €20,581 | +€12,044 | +141.1% |
| Trade debts | 44 | €928 | €3,371 | +€2,443 | +263.3% |
| Suppliers | 440/4 | €928 | €3,371 | +€2,443 | +263.3% |
| Taxes, remuneration and social security | 45 | €5,660 | €15,210 | +€9,550 | +168.7% |
| Taxes | 450/3 | €2,810 | €9,202 | +€6,392 | +227.5% |
| Remuneration and social security | 454/9 | €2,850 | €6,008 | +€3,158 | +110.8% |
| Other amounts payable | 47/48 | €1,949 | €2,000 | +€51 | +2.6% |
| Turnover | 70 | €125,588 | €140,862 | +€15,274 | +12.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €93,452 | €89,270 | -€4,182 | -4.5% |
| Remuneration, social security and pensions | 62 | €24,349 | €41,236 | +€16,888 | +69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,438 | €5,612 | +€174 | +3.2% |
| Other operating charges | 640/8 | €1,297 | €1,254 | -€43 | -3.3% |
| Gross operating margin | 9900 | €33,943 | €55,000 | +€21,057 | +62.0% |
| Operating profit (loss) | 9901 | €2,859 | €6,898 | +€4,038 | +141.2% |
| Financial income | 75/76B | €101 | €0 | -€101 | -100.0% |
| Recurring financial income | 75 | €101 | €0 | -€101 | -100.0% |
| Financial charges | 65/66B | €87 | €197 | +€110 | +126.3% |
| Recurring financial charges | 65 | €87 | €197 | +€110 | +126.3% |
| Profit (loss) for the period before taxes | 9903 | €2,874 | €6,700 | +€3,827 | +133.2% |
| Income taxes | 67/77 | €1,644 | €2,391 | +€747 | +45.5% |
| Profit (loss) for the period | 9904 | €1,229 | €4,309 | +€3,080 | +250.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,229 | €4,309 | +€3,080 | +250.5% |
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 12 October 2026 via checked.be.