Convergence Studio EU: 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.
Convergence Studio EU
Largest movements
- Receivables within one year -€17,188
down €17,188 (-45.3%), from €37,935 to €20,747
of which Trade receivables: -€19,336
- Cash +€11,344
up €11,344 (+812%), from €1,396 to €12,740
mainly Receivables within one year (+€17,188) and Net result for the year (+€10,065)
- Deferred charges and accrued income -€743
down €743 (-76.5%), from €972 to €229
- Trade debts -€12,831
down €12,831 (-47.5%), from €27,003 to €14,172
- Profit (loss) carried forward +€10,065
up €10,065 (+39.8%), from €25,289 to €35,354
- Tax, wage and social debts -€2,676
down €2,676 (-44.0%), from €6,082 to €3,405
- Short-term financial debts -€1,554
no longer reported in 2025 (was €1,554)
- Gross operating margin +€7,240
up €7,240 (+88.2%), from €8,206 to €15,447
- Taxes +€2,097
up €2,097 (+115%), from €1,831 to €3,928
- Financial charges +€548
up €548 (+107%), from €512 to €1,060
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 | €67,988 | €60,991 | -€6,997 | -10.3% |
| Fixed assets | 21/28 | €3,684 | €3,275 | -€409 | -11.1% |
| Tangible fixed assets | 22/27 | €3,684 | €3,275 | -€409 | -11.1% |
| Land and buildings | 22 | €3,684 | €3,275 | -€409 | -11.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €64,304 | €57,716 | -€6,588 | -10.2% |
| Amounts receivable after more than one year | 29 | €24,000 | €24,000 | = | 0.0% |
| Other amounts receivable | 291 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €37,935 | €20,747 | -€17,188 | -45.3% |
| Trade receivables | 40 | €22,966 | €3,630 | -€19,336 | -84.2% |
| Other amounts receivable | 41 | €14,970 | €17,117 | +€2,148 | +14.3% |
| Cash at bank and in hand | 54/58 | €1,396 | €12,740 | +€11,344 | +812% |
| Deferred charges and accrued income | 490/1 | €972 | €229 | -€743 | -76.5% |
| Total equity and liabilities | 10/49 | €67,988 | €60,991 | -€6,997 | -10.3% |
| Equity | 10/15 | €33,349 | €43,414 | +€10,065 | +30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,289 | €35,354 | +€10,065 | +39.8% |
| Amounts payable | 17/49 | €34,639 | €17,577 | -€17,062 | -49.3% |
| Amounts payable within one year | 42/48 | €34,639 | €17,577 | -€17,062 | -49.3% |
| Financial debts | 43 | €1,554 | - | -€1,554 | |
| Credit institutions | 430/8 | €1,554 | - | -€1,554 | |
| Trade debts | 44 | €27,003 | €14,172 | -€12,831 | -47.5% |
| Suppliers | 440/4 | €27,003 | €14,172 | -€12,831 | -47.5% |
| Taxes, remuneration and social security | 45 | €6,082 | €3,405 | -€2,676 | -44.0% |
| Taxes | 450/3 | €6,082 | €3,405 | -€2,676 | -44.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €526 | €409 | -€117 | -22.2% |
| Other operating charges | 640/8 | €734 | €740 | +€6 | +0.8% |
| Gross operating margin | 9900 | €8,206 | €15,447 | +€7,240 | +88.2% |
| Operating profit (loss) | 9901 | €6,946 | €14,297 | +€7,351 | +106% |
| Financial income | 75/76B | €825 | €755 | -€70 | -8.5% |
| Recurring financial income | 75 | €825 | €755 | -€70 | -8.5% |
| Financial charges | 65/66B | €512 | €1,060 | +€548 | +107% |
| Recurring financial charges | 65 | €512 | €1,060 | +€548 | +107% |
| Profit (loss) for the period before taxes | 9903 | €7,259 | €13,993 | +€6,733 | +92.7% |
| Income taxes | 67/77 | €1,831 | €3,928 | +€2,097 | +115% |
| Profit (loss) for the period | 9904 | €5,428 | €10,065 | +€4,636 | +85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,428 | €10,065 | +€4,636 | +85.4% |
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 19 October 2026 via checked.be.