STUDIO BREAKFAST: what changed
STUDIO BREAKFAST
Largest movements
- Cash +€33,211
up €33,211 (+97.7%), from €33,994 to €67,205
mainly Net result for the year (+€19,593) and Depreciation (+€14,752)
- Receivables within one year -€4,461
down €4,461 (-13.4%), from €33,231 to €28,770
of which Trade receivables: -€4,529
- Tangible fixed assets -€1,590
down €1,590 (-3.2%), from €50,052 to €48,462
of which Furniture and vehicles: -€10,049
- Accrued charges and deferred income +€10,952
up €10,952 (+13,897%), from €79 to €11,031
- Tax, wage and social debts +€10,241
up €10,241 (+82.8%), from €12,363 to €22,603
- Debts after one year -€4,981
down €4,981 (-37.6%), from €13,242 to €8,261
- Reserves +€4,400
up €4,400 (+6.1%), from €72,400 to €76,800
- Other debts +€3,260
up €3,260 (+11.8%), from €27,603 to €30,863
- Gross operating margin +€21,786
up €21,786 (+86.3%), from €25,255 to €47,041
- Taxes +€4,609
up €4,609 (+138%), from €3,339 to €7,949
- Depreciation +€2,131
up €2,131 (+16.9%), from €12,622 to €14,752
- Financial income -€1,563
down €1,563 (-99.2%), from €1,576 to €13
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 | €128,439 | €155,157 | +€26,718 | +20.8% |
| Fixed assets | 21/28 | €50,052 | €48,462 | -€1,590 | -3.2% |
| Tangible fixed assets | 22/27 | €50,052 | €48,462 | -€1,590 | -3.2% |
| Plant, machinery and equipment | 23 | €12,897 | €21,355 | +€8,458 | +65.6% |
| Furniture and vehicles | 24 | €37,155 | €27,107 | -€10,049 | -27.0% |
| Current assets | 29/58 | €78,387 | €106,695 | +€28,308 | +36.1% |
| Stocks and contracts in progress | 3 | €10,887 | €10,720 | -€166 | -1.5% |
| Stocks | 30/36 | €10,887 | €10,720 | -€166 | -1.5% |
| Amounts receivable within one year | 40/41 | €33,231 | €28,770 | -€4,461 | -13.4% |
| Trade receivables | 40 | €31,570 | €27,041 | -€4,529 | -14.3% |
| Other amounts receivable | 41 | €1,661 | €1,729 | +€68 | +4.1% |
| Cash at bank and in hand | 54/58 | €33,994 | €67,205 | +€33,211 | +97.7% |
| Deferred charges and accrued income | 490/1 | €275 | - | -€275 | |
| Total equity and liabilities | 10/49 | €128,439 | €155,157 | +€26,718 | +20.8% |
| Equity | 10/15 | €57,404 | €61,997 | +€4,593 | +8.0% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €72,400 | €76,800 | +€4,400 | +6.1% |
| Distributable reserves | 133 | €72,400 | €76,800 | +€4,400 | +6.1% |
| Profit (loss) carried forward | 14 | -€29,256 | -€29,063 | +€193 | +0.7% |
| Amounts payable | 17/49 | €71,035 | €93,160 | +€22,125 | +31.1% |
| Amounts payable after more than one year | 17 | €13,242 | €8,261 | -€4,981 | -37.6% |
| Financial debts | 170/4 | €13,242 | €8,261 | -€4,981 | -37.6% |
| Amounts payable within one year | 42/48 | €57,714 | €73,868 | +€16,154 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €4,806 | €4,981 | +€175 | +3.6% |
| Trade debts | 44 | €12,943 | €15,422 | +€2,478 | +19.1% |
| Suppliers | 440/4 | €12,943 | €15,422 | +€2,478 | +19.1% |
| Taxes, remuneration and social security | 45 | €12,363 | €22,603 | +€10,241 | +82.8% |
| Taxes | 450/3 | €12,363 | €22,603 | +€10,241 | +82.8% |
| Other amounts payable | 47/48 | €27,603 | €30,863 | +€3,260 | +11.8% |
| Accrued charges and deferred income | 492/3 | €79 | €11,031 | +€10,952 | +13,897% |
| Non-recurring operating income | 76A | €6,598 | €3,162 | -€3,437 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,622 | €14,752 | +€2,131 | +16.9% |
| Other operating charges | 640/8 | €906 | €629 | -€276 | -30.5% |
| Non-recurring operating charges | 66A | - | €930 | +€930 | |
| Gross operating margin | 9900 | €25,255 | €47,041 | +€21,786 | +86.3% |
| Operating profit (loss) | 9901 | €11,728 | €30,729 | +€19,001 | +162% |
| Financial income | 75/76B | €1,576 | €13 | -€1,563 | -99.2% |
| Recurring financial income | 75 | €1,576 | €13 | -€1,563 | -99.2% |
| Financial charges | 65/66B | €2,731 | €3,201 | +€469 | +17.2% |
| Recurring financial charges | 65 | €2,731 | €3,201 | +€469 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €10,573 | €27,542 | +€16,968 | +160% |
| Income taxes | 67/77 | €3,339 | €7,949 | +€4,609 | +138% |
| Profit (loss) for the period | 9904 | €7,234 | €19,593 | +€12,359 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €7,234 | €19,593 | +€12,359 | +171% |
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 7 November 2026 via checked.be.