Erased_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.
Erased_Studio
Largest movements
- Receivables within one year -€67,920
down €67,920 (-54.6%), from €124,393 to €56,473
- Cash -€17,046
down €17,046 (-26.1%), from €65,300 to €48,255
mainly Contributions, distributions and other (-€110,000) and Investment in fixed assets (net) (-€12,902)
- Intangible fixed assets +€5,153
new in 2025: €5,153
- Tangible fixed assets +€2,658
up €2,658 (+114%), from €2,326 to €4,984
of which Plant, machinery and equipment: +€1,732
- Profit (loss) carried forward -€66,384
down €66,384 (-97.3%), from €68,198 to €1,814
- Tax, wage and social debts -€6,692
down €6,692 (-22.3%), from €29,956 to €23,264
- Other debts -€3,878
down €3,878 (-8.2%), from €47,095 to €43,218
- Gross operating margin +€20,387
up €20,387 (+42.0%), from €48,540 to €68,927
- Taxes +€4,699
up €4,699 (+42.6%), from €11,035 to €15,734
- Depreciation +€3,296
up €3,296 (+184%), from €1,794 to €5,090
- Other operating charges +€2,765
up €2,765 (+812%), from €341 to €3,106
- Financial charges +€1,006
up €1,006 (+260%), from €387 to €1,393
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 | €195,009 | €117,669 | -€77,340 | -39.7% |
| Fixed assets | 21/28 | €4,326 | €12,137 | +€7,812 | +181% |
| Intangible fixed assets | 21 | - | €5,153 | +€5,153 | |
| Tangible fixed assets | 22/27 | €2,326 | €4,984 | +€2,658 | +114% |
| Plant, machinery and equipment | 23 | - | €1,732 | +€1,732 | |
| Furniture and vehicles | 24 | €2,326 | €3,252 | +€926 | +39.8% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €190,684 | €105,532 | -€85,152 | -44.7% |
| Amounts receivable within one year | 40/41 | €124,393 | €56,473 | -€67,920 | -54.6% |
| Trade receivables | 40 | €124,393 | €56,473 | -€67,920 | -54.6% |
| Cash at bank and in hand | 54/58 | €65,300 | €48,255 | -€17,046 | -26.1% |
| Deferred charges and accrued income | 490/1 | €990 | €804 | -€186 | -18.8% |
| Total equity and liabilities | 10/49 | €195,009 | €117,669 | -€77,340 | -39.7% |
| Equity | 10/15 | €70,198 | €3,814 | -€66,384 | -94.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,198 | €1,814 | -€66,384 | -97.3% |
| Amounts payable | 17/49 | €124,811 | €113,855 | -€10,956 | -8.8% |
| Amounts payable within one year | 42/48 | €124,811 | €113,855 | -€10,956 | -8.8% |
| Trade debts | 44 | €47,760 | €47,374 | -€387 | -0.8% |
| Suppliers | 440/4 | €47,760 | €47,374 | -€387 | -0.8% |
| Taxes, remuneration and social security | 45 | €29,956 | €23,264 | -€6,692 | -22.3% |
| Taxes | 450/3 | €29,956 | €23,264 | -€6,692 | -22.3% |
| Other amounts payable | 47/48 | €47,095 | €43,218 | -€3,878 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,794 | €5,090 | +€3,296 | +184% |
| Other operating charges | 640/8 | €341 | €3,106 | +€2,765 | +812% |
| Gross operating margin | 9900 | €48,540 | €68,927 | +€20,387 | +42.0% |
| Operating profit (loss) | 9901 | €46,405 | €60,731 | +€14,326 | +30.9% |
| Financial income | 75/76B | €59 | €12 | -€47 | -79.7% |
| Recurring financial income | 75 | €59 | €12 | -€47 | -79.7% |
| Financial charges | 65/66B | €387 | €1,393 | +€1,006 | +260% |
| Recurring financial charges | 65 | €387 | €1,393 | +€1,006 | +260% |
| Profit (loss) for the period before taxes | 9903 | €46,076 | €59,350 | +€13,274 | +28.8% |
| Income taxes | 67/77 | €11,035 | €15,734 | +€4,699 | +42.6% |
| Profit (loss) for the period | 9904 | €35,041 | €43,616 | +€8,574 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,041 | €43,616 | +€8,574 | +24.5% |
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 15 October 2026 via checked.be.