BXVentures Studios: 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.
BXVentures Studios
Largest movements
- Intangible fixed assets -€46,702
down €46,702 (-8.6%), from €545,678 to €498,975
- Receivables within one year +€33,891
up €33,891 (+23.5%), from €144,222 to €178,113
of which Trade receivables: +€36,370
- Cash -€10,859
down €10,859 (-27.7%), from €39,175 to €28,316
mainly Net result for the year (-€270,471) and Investment in fixed assets (net) (-€117,460)
- Profit (loss) carried forward -€270,471
down €270,471 (-18.8%), from -€1.4m to -€1.7m
- Other debts +€156,342
up €156,342 (+4888.1%), from €3,198 to €159,540
- Trade debts +€97,670
up €97,670 (+95.1%), from €102,727 to €200,396
- Financial charges -€460,583
down €460,583 (-98.6%), from €467,288 to €6,705
of which Non-recurring financial charges: -€466,613
- Gross operating margin +€201,405
up €201,405 (+66.1%), from -€304,733 to -€103,328
- Other operating charges -€38,266
down €38,266 (-91.3%), from €41,897 to €3,631
- Depreciation +€19,525
up €19,525 (+14.1%), from €138,723 to €158,248
- Financial income -€3,083
down €3,083 (-95.9%), from €3,215 to €132
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 | €993,717 | €977,258 | -€16,459 | -1.7% |
| Fixed assets | 21/28 | €807,252 | €766,463 | -€40,789 | -5.1% |
| Intangible fixed assets | 21 | €545,678 | €498,975 | -€46,702 | -8.6% |
| Tangible fixed assets | 22/27 | €3,325 | €4,738 | +€1,414 | +42.5% |
| Furniture and vehicles | 24 | €3,325 | €4,738 | +€1,414 | +42.5% |
| Financial fixed assets | 28 | €258,250 | €262,750 | +€4,500 | +1.7% |
| Current assets | 29/58 | €186,465 | €210,794 | +€24,330 | +13.0% |
| Amounts receivable within one year | 40/41 | €144,222 | €178,113 | +€33,891 | +23.5% |
| Trade receivables | 40 | €132,392 | €168,762 | +€36,370 | +27.5% |
| Other amounts receivable | 41 | €11,830 | €9,351 | -€2,479 | -21.0% |
| Cash at bank and in hand | 54/58 | €39,175 | €28,316 | -€10,859 | -27.7% |
| Deferred charges and accrued income | 490/1 | €3,068 | €4,365 | +€1,298 | +42.3% |
| Total equity and liabilities | 10/49 | €993,717 | €977,258 | -€16,459 | -1.7% |
| Equity | 10/15 | €887,792 | €617,321 | -€270,470 | -30.5% |
| Contributions | 10/11 | €2,325,736 | €2,325,737 | +€1 | 0.0% |
| Capital | 10 | €2,325,736 | €2,325,737 | +€1 | 0.0% |
| Issued capital | 100 | €2,325,736 | €2,325,737 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€1,437,944 | -€1,708,416 | -€270,471 | -18.8% |
| Amounts payable | 17/49 | €105,925 | €359,936 | +€254,011 | +239.8% |
| Amounts payable within one year | 42/48 | €105,925 | €359,936 | +€254,011 | +239.8% |
| Trade debts | 44 | €102,727 | €200,396 | +€97,670 | +95.1% |
| Suppliers | 440/4 | €102,727 | €200,396 | +€97,670 | +95.1% |
| Other amounts payable | 47/48 | €3,198 | €159,540 | +€156,342 | +4888.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,723 | €158,248 | +€19,525 | +14.1% |
| Other operating charges | 640/8 | €41,897 | €3,631 | -€38,266 | -91.3% |
| Gross operating margin | 9900 | -€304,733 | -€103,328 | +€201,405 | +66.1% |
| Operating profit (loss) | 9901 | -€485,354 | -€265,208 | +€220,146 | +45.4% |
| Financial income | 75/76B | €3,215 | €132 | -€3,083 | -95.9% |
| Recurring financial income | 75 | €3,215 | €132 | -€3,083 | -95.9% |
| Financial charges | 65/66B | €467,288 | €6,705 | -€460,583 | -98.6% |
| Recurring financial charges | 65 | €675 | €6,705 | +€6,030 | +892.8% |
| Non-recurring financial charges | 66B | €466,613 | - | -€466,613 | |
| Profit (loss) for the period before taxes | 9903 | -€949,426 | -€271,780 | +€677,646 | +71.4% |
| Income taxes | 67/77 | €568 | -€1,309 | -€1,877 | |
| Profit (loss) for the period | 9904 | -€949,994 | -€270,471 | +€679,523 | +71.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€949,994 | -€270,471 | +€679,523 | +71.5% |
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 5 October 2026 via checked.be.