DALLA VALLE EMS Studio: what changed
DALLA VALLE EMS Studio
Largest movements
- Tangible fixed assets -€19,684
down €19,684 (-13.7%), from €143,452 to €123,768
of which Plant, machinery and equipment: -€18,748
- Receivables within one year +€7,621
new in 2025: €7,621
of which Trade receivables: +€7,509
- Intangible fixed assets -€6,000
down €6,000 (-22.5%), from €26,648 to €20,648
- Profit (loss) carried forward -€53,819
down €53,819 (-102%), from -€52,790 to -€106,609
- Other debts +€36,502
up €36,502 (+43.2%), from €84,561 to €121,063
- Trade debts -€3,540
down €3,540 (-37.9%), from €9,329 to €5,789
- Tax, wage and social debts +€1,795
up €1,795 (+32.9%), from €5,462 to €7,257
- Gross operating margin +€91,563
up €91,563, from -€6,508 to €85,055
- Staff costs +€69,967
up €69,967 (+212%), from €33,024 to €102,991
- Depreciation +€14,748
up €14,748 (+115%), from €12,818 to €27,566
- Financial charges +€5,788
up €5,788 (+1,547%), from €374 to €6,162
- Taxes +€2,156
new in 2025: €2,156
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,562 | €157,500 | -€19,062 | -10.8% |
| Fixed assets | 21/28 | €170,305 | €144,621 | -€25,684 | -15.1% |
| Intangible fixed assets | 21 | €26,648 | €20,648 | -€6,000 | -22.5% |
| Tangible fixed assets | 22/27 | €143,452 | €123,768 | -€19,684 | -13.7% |
| Plant, machinery and equipment | 23 | €139,200 | €120,452 | -€18,748 | -13.5% |
| Furniture and vehicles | 24 | €4,252 | €3,315 | -€937 | -22.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €6,257 | €12,880 | +€6,623 | +106% |
| Stocks and contracts in progress | 3 | €1,816 | €1,979 | +€163 | +9.0% |
| Stocks | 30/36 | €1,816 | €1,979 | +€163 | +9.0% |
| Amounts receivable within one year | 40/41 | - | €7,621 | +€7,621 | |
| Trade receivables | 40 | - | €7,509 | +€7,509 | |
| Other amounts receivable | 41 | - | €112 | +€112 | |
| Cash at bank and in hand | 54/58 | €4,441 | €3,280 | -€1,161 | -26.1% |
| Total equity and liabilities | 10/49 | €176,562 | €157,500 | -€19,062 | -10.8% |
| Equity | 10/15 | -€47,790 | -€101,609 | -€53,819 | -113% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,790 | -€106,609 | -€53,819 | -102% |
| Amounts payable | 17/49 | €224,352 | €259,109 | +€34,757 | +15.5% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,352 | €134,109 | +€34,757 | +35.0% |
| Trade debts | 44 | €9,329 | €5,789 | -€3,540 | -37.9% |
| Suppliers | 440/4 | €9,329 | €5,789 | -€3,540 | -37.9% |
| Taxes, remuneration and social security | 45 | €5,462 | €7,257 | +€1,795 | +32.9% |
| Taxes | 450/3 | €5,462 | €7,257 | +€1,795 | +32.9% |
| Other amounts payable | 47/48 | €84,561 | €121,063 | +€36,502 | +43.2% |
| Remuneration, social security and pensions | 62 | €33,024 | €102,991 | +€69,967 | +212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,818 | €27,566 | +€14,748 | +115% |
| Other operating charges | 640/8 | €66 | €0 | -€66 | -100% |
| Gross operating margin | 9900 | -€6,508 | €85,055 | +€91,563 | |
| Operating profit (loss) | 9901 | -€52,416 | -€45,502 | +€6,914 | +13.2% |
| Financial charges | 65/66B | €374 | €6,162 | +€5,788 | +1,547% |
| Recurring financial charges | 65 | €374 | €6,162 | +€5,788 | +1,547% |
| Profit (loss) for the period before taxes | 9903 | -€52,790 | -€51,663 | +€1,127 | +2.1% |
| Income taxes | 67/77 | - | €2,156 | +€2,156 | |
| Profit (loss) for the period | 9904 | -€52,790 | -€53,819 | -€1,029 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,790 | -€53,819 | -€1,029 | -1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.