Blue Manta 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.
Blue Manta Studio
Largest movements
- Current investments +€14,824
up €14,824 (+26.5%), from €56,000 to €70,824
- Cash +€7,512
up €7,512 (+64.6%), from €11,635 to €19,148
mainly Net result for the year (+€29,769) and Contributions, distributions and other (+€3,167)
- Receivables within one year +€4,298
up €4,298 (+437%), from €982 to €5,280
of which Other amounts receivable: +€5,280
- Tangible fixed assets +€3,884
new in 2025: €3,884
- Profit (loss) carried forward +€28,936
up €28,936 (+62.9%), from €45,974 to €74,910
- Contributions +€4,000
new in 2025: €4,000
- Other debts -€2,231
down €2,231 (-72.8%), from €3,064 to €833
- Trade debts -€1,398
down €1,398 (-95.4%), from €1,465 to €67
- Gross operating margin -€26,283
down €26,283 (-40.6%), from €64,808 to €38,525
- Taxes -€5,507
down €5,507 (-33.9%), from €16,246 to €10,740
- Financial income +€2,945
up €2,945 (+107,873%), from €3 to €2,948
- Staff costs -€1,478
no longer reported in 2025 (was €1,478)
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 | €68,944 | €99,135 | +€30,192 | +43.8% |
| Fixed assets | 21/28 | - | €3,884 | +€3,884 | |
| Tangible fixed assets | 22/27 | - | €3,884 | +€3,884 | |
| Furniture and vehicles | 24 | - | €3,884 | +€3,884 | |
| Current assets | 29/58 | €68,944 | €95,251 | +€26,308 | +38.2% |
| Amounts receivable within one year | 40/41 | €982 | €5,280 | +€4,298 | +437% |
| Trade receivables | 40 | €982 | €0 | -€982 | -100% |
| Other amounts receivable | 41 | €0 | €5,280 | +€5,280 | |
| Current investments | 50/53 | €56,000 | €70,824 | +€14,824 | +26.5% |
| Cash at bank and in hand | 54/58 | €11,635 | €19,148 | +€7,512 | +64.6% |
| Deferred charges and accrued income | 490/1 | €326 | €0 | -€326 | -100% |
| Total equity and liabilities | 10/49 | €68,944 | €99,135 | +€30,192 | +43.8% |
| Equity | 10/15 | €45,974 | €78,910 | +€32,936 | +71.6% |
| Contributions | 10/11 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | €45,974 | €74,910 | +€28,936 | +62.9% |
| Amounts payable | 17/49 | €22,970 | €20,226 | -€2,744 | -11.9% |
| Amounts payable within one year | 42/48 | €22,970 | €20,226 | -€2,744 | -11.9% |
| Trade debts | 44 | €1,465 | €67 | -€1,398 | -95.4% |
| Suppliers | 440/4 | €1,465 | €67 | -€1,398 | -95.4% |
| Taxes, remuneration and social security | 45 | €18,440 | €19,326 | +€886 | +4.8% |
| Taxes | 450/3 | €18,440 | €19,326 | +€886 | +4.8% |
| Other amounts payable | 47/48 | €3,064 | €833 | -€2,231 | -72.8% |
| Remuneration, social security and pensions | 62 | €1,478 | - | -€1,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €353 | +€353 | |
| Other operating charges | 640/8 | €1,050 | €451 | -€598 | -57.0% |
| Gross operating margin | 9900 | €64,808 | €38,525 | -€26,283 | -40.6% |
| Operating profit (loss) | 9901 | €62,280 | €37,721 | -€24,559 | -39.4% |
| Financial income | 75/76B | €3 | €2,948 | +€2,945 | +107,873% |
| Recurring financial income | 75 | €3 | €2,948 | +€2,945 | +107,873% |
| Financial charges | 65/66B | €62 | €161 | +€98 | +158% |
| Recurring financial charges | 65 | €62 | €161 | +€98 | +158% |
| Profit (loss) for the period before taxes | 9903 | €62,220 | €40,508 | -€21,712 | -34.9% |
| Income taxes | 67/77 | €16,246 | €10,740 | -€5,507 | -33.9% |
| Profit (loss) for the period | 9904 | €45,974 | €29,769 | -€16,205 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,974 | €29,769 | -€16,205 | -35.2% |
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 30 October 2026 via checked.be.