BLUE PIG 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 PIG STUDIO
Largest movements
- Tangible fixed assets -€23,976
down €23,976 (-4.7%), from €509,972 to €485,996
- Cash +€7,861
up €7,861 (+107%), from €7,362 to €15,222
mainly Depreciation (+€23,976)
- Profit (loss) carried forward -€15,995
down €15,995 (-7.4%), from -€215,849 to -€231,844
- Gross operating margin -€3,361
down €3,361 (-21.5%), from €15,634 to €12,273
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 | €518,596 | €502,484 | -€16,112 | -3.1% |
| Fixed assets | 21/28 | €509,972 | €485,996 | -€23,976 | -4.7% |
| Tangible fixed assets | 22/27 | €509,972 | €485,996 | -€23,976 | -4.7% |
| Land and buildings | 22 | €509,972 | €485,996 | -€23,976 | -4.7% |
| Current assets | 29/58 | €8,623 | €16,488 | +€7,864 | +91.2% |
| Cash at bank and in hand | 54/58 | €7,362 | €15,222 | +€7,861 | +107% |
| Deferred charges and accrued income | 490/1 | €1,262 | €1,265 | +€4 | +0.3% |
| Total equity and liabilities | 10/49 | €518,596 | €502,484 | -€16,112 | -3.1% |
| Equity | 10/15 | -€195,329 | -€211,324 | -€15,995 | -8.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €520 | €520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €520 | €520 | = | 0.0% |
| Legal reserve | 130 | €520 | €520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,849 | -€231,844 | -€15,995 | -7.4% |
| Amounts payable | 17/49 | €713,925 | €713,808 | -€117 | 0.0% |
| Amounts payable within one year | 42/48 | €713,925 | €713,808 | -€117 | 0.0% |
| Other amounts payable | 47/48 | €713,925 | €713,808 | -€117 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,976 | €23,976 | = | 0.0% |
| Other operating charges | 640/8 | €3,675 | €3,811 | +€136 | +3.7% |
| Gross operating margin | 9900 | €15,634 | €12,273 | -€3,361 | -21.5% |
| Operating profit (loss) | 9901 | -€12,017 | -€15,514 | -€3,497 | -29.1% |
| Financial charges | 65/66B | €479 | €481 | +€2 | +0.3% |
| Recurring financial charges | 65 | €479 | €481 | +€2 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,496 | -€15,995 | -€3,499 | -28.0% |
| Profit (loss) for the period | 9904 | -€12,496 | -€15,995 | -€3,499 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,496 | -€15,995 | -€3,499 | -28.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.