ALCHEMIC.STUDIO: what changed
Two fiscal 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.
ALCHEMIC.STUDIO
Largest movements
- Tangible fixed assets -€18,416
down €18,416 (-6.8%), from €272,563 to €254,147
of which Furniture and vehicles: -€10,154
- Cash -€9,582
down €9,582 (-93.6%), from €10,239 to €657
mainly Net result for the year (-€24,521) and Debts after one year (-€16,498)
- Profit (loss) carried forward -€24,521
down €24,521 (-53.3%), from €46,048 to €21,527
- Debts after one year -€16,498
down €16,498 (-7.9%), from €207,934 to €191,435
- Other debts +€7,461
up €7,461 (+113.9%), from €6,549 to €14,010
- Tax, wage and social debts +€5,097
up €5,097 (+3356.7%), from €152 to €5,249
- Turnover -€125,155
no longer reported in 2025 (was €125,155)
- Purchases and services -€66,620
no longer reported in 2025 (was €66,620)
- Gross operating margin -€61,875
down €61,875, from €59,764 to -€2,111
- Other operating charges -€7,290
down €7,290 (-90.1%), from €8,095 to €805
- Depreciation +€5,692
up €5,692 (+44.7%), from €12,724 to €18,416
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 | €300,881 | €272,929 | -€27,953 | -9.3% |
| Fixed assets | 21/28 | €272,563 | €254,147 | -€18,416 | -6.8% |
| Tangible fixed assets | 22/27 | €272,563 | €254,147 | -€18,416 | -6.8% |
| Land and buildings | 22 | €211,272 | €204,762 | -€6,510 | -3.1% |
| Plant, machinery and equipment | 23 | €14,989 | €13,237 | -€1,753 | -11.7% |
| Furniture and vehicles | 24 | €46,302 | €36,148 | -€10,154 | -21.9% |
| Current assets | 29/58 | €28,318 | €18,782 | -€9,536 | -33.7% |
| Amounts receivable within one year | 40/41 | €18,079 | €18,125 | +€46 | +0.3% |
| Trade receivables | 40 | €12,739 | €12,739 | = | 0.0% |
| Other amounts receivable | 41 | €5,340 | €5,386 | +€46 | +0.9% |
| Cash at bank and in hand | 54/58 | €10,239 | €657 | -€9,582 | -93.6% |
| Total equity and liabilities | 10/49 | €300,881 | €272,929 | -€27,953 | -9.3% |
| Equity | 10/15 | €46,148 | €21,627 | -€24,521 | -53.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Outside capital | 11 | €100 | €100 | = | 0.0% |
| Share premium | 1100/10 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,048 | €21,527 | -€24,521 | -53.3% |
| Amounts payable | 17/49 | €254,734 | €251,302 | -€3,432 | -1.3% |
| Amounts payable after more than one year | 17 | €207,934 | €191,435 | -€16,498 | -7.9% |
| Financial debts | 170/4 | €207,934 | €191,435 | -€16,498 | -7.9% |
| Amounts payable within one year | 42/48 | €46,800 | €59,867 | +€13,067 | +27.9% |
| Current portion of amounts payable after more than one year | 42 | €19,224 | €19,640 | +€416 | +2.2% |
| Trade debts | 44 | €876 | €968 | +€92 | +10.5% |
| Suppliers | 440/4 | €876 | €968 | +€92 | +10.5% |
| Advances received on contracts in progress | 46 | €20,000 | €20,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €152 | €5,249 | +€5,097 | +3356.7% |
| Taxes | 450/3 | €152 | €5,249 | +€5,097 | +3356.7% |
| Other amounts payable | 47/48 | €6,549 | €14,010 | +€7,461 | +113.9% |
| Turnover | 70 | €125,155 | - | -€125,155 | |
| Goods, raw materials, services and sundry goods | 60/61 | €66,620 | - | -€66,620 | |
| Remuneration, social security and pensions | 62 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,724 | €18,416 | +€5,692 | +44.7% |
| Other operating charges | 640/8 | €8,095 | €805 | -€7,290 | -90.1% |
| Gross operating margin | 9900 | €59,764 | -€2,111 | -€61,875 | |
| Operating profit (loss) | 9901 | €38,901 | -€21,332 | -€60,233 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €5,461 | €3,207 | -€2,254 | -41.3% |
| Recurring financial charges | 65 | €5,461 | €3,207 | -€2,254 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €33,439 | -€24,521 | -€57,961 | |
| Income taxes | 67/77 | €5,194 | - | -€5,194 | |
| Profit (loss) for the period | 9904 | €28,245 | -€24,521 | -€52,766 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,245 | -€24,521 | -€52,766 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.