STUDIO I: what changed
What changed
STUDIO I
filed annual accounts (NBB)
Net result for the year
-€7,707
2024 · -€6,688-€1,019
Equity
€100,961
2024 · €108,668-€7,707
Cash
€7,600
2024 · €7,265+€335
Balance sheet total
€291,522
2024 · €291,554-€31
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Other debts +€8,005
up €8,005 (+4.4%), from €182,161 to €190,166
- Profit (loss) carried forward -€7,707
down €7,707 (-50.6%), from -€15,219 to -€22,926
Income statement
- Gross operating margin -€976
down €976 (-18.1%), from -€5,381 to -€6,357
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.
Result 2024
-€6,688
Gross operating margin
-€976
Other operating charges
-€14
Financial charges
-€30
Result 2025
-€7,707
lowers the result
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.
From operations
+€335
Investment
€0
Financing
€0
Cash 2024
€7,265
From operations (derived)
+€335
Net result for the year
-€7,707
Depreciation
+€311
Receivables within one year
+€55
Trade debts
-€241
Tax, wage and social debts
-€88
Other debts
+€8,005
Cash 2025
€7,600
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €291,554 | €291,522 | -€31 | 0.0% |
| Fixed assets | 21/28 | €279,933 | €279,621 | -€311 | -0.1% |
| Tangible fixed assets | 22/27 | €662 | €351 | -€311 | -47.0% |
| Plant, machinery and equipment | 23 | €662 | €351 | -€311 | -47.0% |
| Financial fixed assets | 28 | €279,271 | €279,271 | = | 0.0% |
| Current assets | 29/58 | €11,621 | €11,901 | +€280 | +2.4% |
| Amounts receivable within one year | 40/41 | €4,356 | €4,301 | -€55 | -1.3% |
| Trade receivables | 40 | €353 | €0 | -€353 | -100% |
| Other amounts receivable | 41 | €4,003 | €4,301 | +€298 | +7.4% |
| Cash at bank and in hand | 54/58 | €7,265 | €7,600 | +€335 | +4.6% |
| Total equity and liabilities | 10/49 | €291,554 | €291,522 | -€31 | 0.0% |
| Equity | 10/15 | €108,668 | €100,961 | -€7,707 | -7.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €111,487 | €111,487 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €111,487 | €111,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,219 | -€22,926 | -€7,707 | -50.6% |
| Amounts payable | 17/49 | €182,885 | €190,561 | +€7,676 | +4.2% |
| Amounts payable within one year | 42/48 | €182,885 | €190,561 | +€7,676 | +4.2% |
| Trade debts | 44 | €636 | €395 | -€241 | -37.9% |
| Suppliers | 440/4 | €636 | €395 | -€241 | -37.9% |
| Taxes, remuneration and social security | 45 | €88 | €0 | -€88 | -100% |
| Taxes | 450/3 | €88 | €0 | -€88 | -100% |
| Other amounts payable | 47/48 | €182,161 | €190,166 | +€8,005 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €311 | €311 | = | 0.0% |
| Other operating charges | 640/8 | €510 | €524 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€5,381 | -€6,357 | -€976 | -18.1% |
| Operating profit (loss) | 9901 | -€6,203 | -€7,192 | -€989 | -15.9% |
| Financial charges | 65/66B | €485 | €515 | +€30 | +6.1% |
| Recurring financial charges | 65 | €485 | €515 | +€30 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,688 | -€7,707 | -€1,019 | -15.2% |
| Profit (loss) for the period | 9904 | -€6,688 | -€7,707 | -€1,019 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,688 | -€7,707 | -€1,019 | -15.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.