BLUE SKY 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 SKY STUDIO
Largest movements
- Cash +€23,604
up €23,604 (+270.9%), from €8,713 to €32,317
mainly Net result for the year (+€23,782) and Tax, wage and social debts (+€10,034)
- Receivables within one year +€5,482
up €5,482 (+28.0%), from €19,547 to €25,029
of which Other amounts receivable: +€4,467
- Tangible fixed assets +€2,121
up €2,121 (+15.3%), from €13,856 to €15,977
- Financial fixed assets +€1,400
up €1,400 (+2800.0%), from €50 to €1,450
- Deferred charges and accrued income +€859
up €859 (+238.9%), from €359 to €1,218
- Profit (loss) carried forward +€22,116
up €22,116 (+79.4%), from €27,864 to €49,979
- Tax, wage and social debts +€10,034
up €10,034 (+120.3%), from €8,344 to €18,378
of which Taxes: +€6,973
- Other debts +€1,166
new in 2025: €1,166
- Financial charges -€5,389
down €5,389 (-77.5%), from €6,951 to €1,563
- Depreciation +€3,056
up €3,056 (+46.2%), from €6,612 to €9,668
- Gross operating margin +€2,783
up €2,783 (+6.8%), from €40,822 to €43,606
- Taxes +€2,095
up €2,095 (+33.5%), from €6,246 to €8,341
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 | €42,525 | €75,991 | +€33,466 | +78.7% |
| Fixed assets | 21/28 | €13,906 | €17,427 | +€3,521 | +25.3% |
| Tangible fixed assets | 22/27 | €13,856 | €15,977 | +€2,121 | +15.3% |
| Furniture and vehicles | 24 | €13,856 | €15,977 | +€2,121 | +15.3% |
| Financial fixed assets | 28 | €50 | €1,450 | +€1,400 | +2800.0% |
| Current assets | 29/58 | €28,619 | €58,564 | +€29,945 | +104.6% |
| Amounts receivable within one year | 40/41 | €19,547 | €25,029 | +€5,482 | +28.0% |
| Trade receivables | 40 | €13,768 | €14,783 | +€1,015 | +7.4% |
| Other amounts receivable | 41 | €5,779 | €10,246 | +€4,467 | +77.3% |
| Cash at bank and in hand | 54/58 | €8,713 | €32,317 | +€23,604 | +270.9% |
| Deferred charges and accrued income | 490/1 | €359 | €1,218 | +€859 | +238.9% |
| Total equity and liabilities | 10/49 | €42,525 | €75,991 | +€33,466 | +78.7% |
| Equity | 10/15 | €27,864 | €49,979 | +€22,116 | +79.4% |
| Profit (loss) carried forward | 14 | €27,864 | €49,979 | +€22,116 | +79.4% |
| Amounts payable | 17/49 | €14,661 | €26,012 | +€11,350 | +77.4% |
| Amounts payable within one year | 42/48 | €14,500 | €25,430 | +€10,930 | +75.4% |
| Trade debts | 44 | €6,156 | €5,885 | -€270 | -4.4% |
| Suppliers | 440/4 | €6,156 | €5,885 | -€270 | -4.4% |
| Taxes, remuneration and social security | 45 | €8,344 | €18,378 | +€10,034 | +120.3% |
| Taxes | 450/3 | €8,344 | €15,317 | +€6,973 | +83.6% |
| Remuneration and social security | 454/9 | - | €3,061 | +€3,061 | |
| Other amounts payable | 47/48 | - | €1,166 | +€1,166 | |
| Accrued charges and deferred income | 492/3 | €162 | €582 | +€420 | +260.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,612 | €9,668 | +€3,056 | +46.2% |
| Other operating charges | 640/8 | €1,121 | €710 | -€411 | -36.7% |
| Gross operating margin | 9900 | €40,822 | €43,606 | +€2,783 | +6.8% |
| Operating profit (loss) | 9901 | €33,089 | €33,228 | +€139 | +0.4% |
| Financial income | 75/76B | €534 | €458 | -€77 | -14.3% |
| Recurring financial income | 75 | €534 | €458 | -€77 | -14.3% |
| Financial charges | 65/66B | €6,951 | €1,563 | -€5,389 | -77.5% |
| Recurring financial charges | 65 | €6,951 | €1,563 | -€5,389 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €26,672 | €32,123 | +€5,451 | +20.4% |
| Income taxes | 67/77 | €6,246 | €8,341 | +€2,095 | +33.5% |
| Profit (loss) for the period | 9904 | €20,425 | €23,782 | +€3,356 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,425 | €23,782 | +€3,356 | +16.4% |
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 10 October 2026 via checked.be.