ARRHIZAL STUDIOS: 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.
ARRHIZAL STUDIOS
Largest movements
- Cash +€26,299
up €26,299 (+77.2%), from €34,083 to €60,382
mainly Net result for the year (+€44,601) and Other debts (+€383)
- Deferred charges and accrued income +€10,305
up €10,305 (+684%), from €1,508 to €11,813
- Tangible fixed assets +€1,700
new in 2025: €1,700
- Profit (loss) carried forward +€44,601
up €44,601 (+181%), from €24,658 to €69,259
- Tax, wage and social debts -€6,177
down €6,177 (-75.7%), from €8,159 to €1,982
- Gross operating margin +€23,223
up €23,223 (+69.1%), from €33,590 to €56,812
- Taxes +€5,020
up €5,020 (+77.1%), from €6,508 to €11,529
- Depreciation -€1,874
down €1,874 (-83.9%), from €2,234 to €360
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.
Derived cash bridge
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 | €35,902 | €74,666 | +€38,763 | +108% |
| Formation expenses | 20 | €203 | €0 | -€203 | -100% |
| Fixed assets | 21/28 | - | €1,700 | +€1,700 | |
| Tangible fixed assets | 22/27 | - | €1,700 | +€1,700 | |
| Plant, machinery and equipment | 23 | - | €1,700 | +€1,700 | |
| Current assets | 29/58 | €35,699 | €72,966 | +€37,266 | +104% |
| Amounts receivable within one year | 40/41 | €109 | €771 | +€662 | +610% |
| Other amounts receivable | 41 | €109 | €771 | +€662 | +610% |
| Cash at bank and in hand | 54/58 | €34,083 | €60,382 | +€26,299 | +77.2% |
| Deferred charges and accrued income | 490/1 | €1,508 | €11,813 | +€10,305 | +684% |
| Total equity and liabilities | 10/49 | €35,902 | €74,666 | +€38,763 | +108% |
| Equity | 10/15 | €27,658 | €72,259 | +€44,601 | +161% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,658 | €69,259 | +€44,601 | +181% |
| Amounts payable | 17/49 | €8,244 | €2,406 | -€5,838 | -70.8% |
| Amounts payable within one year | 42/48 | €8,244 | €2,406 | -€5,838 | -70.8% |
| Trade debts | 44 | €86 | €41 | -€44 | -51.7% |
| Suppliers | 440/4 | €86 | €41 | -€44 | -51.7% |
| Taxes, remuneration and social security | 45 | €8,159 | €1,982 | -€6,177 | -75.7% |
| Taxes | 450/3 | €8,159 | €1,982 | -€6,177 | -75.7% |
| Other amounts payable | 47/48 | - | €383 | +€383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,234 | €360 | -€1,874 | -83.9% |
| Other operating charges | 640/8 | €106 | - | -€106 | |
| Gross operating margin | 9900 | €33,590 | €56,812 | +€23,223 | +69.1% |
| Operating profit (loss) | 9901 | €31,251 | €56,453 | +€25,202 | +80.6% |
| Financial charges | 65/66B | €84 | €323 | +€239 | +285% |
| Recurring financial charges | 65 | €84 | €323 | +€239 | +285% |
| Profit (loss) for the period before taxes | 9903 | €31,167 | €56,130 | +€24,963 | +80.1% |
| Income taxes | 67/77 | €6,508 | €11,529 | +€5,020 | +77.1% |
| Profit (loss) for the period | 9904 | €24,658 | €44,601 | +€19,943 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,658 | €44,601 | +€19,943 | +80.9% |
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 23 October 2026 via checked.be.