EV Studios: 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.
EV Studios
Largest movements
- Tangible fixed assets +€28,761
up €28,761 (+313%), from €9,199 to €37,960
of which Furniture and vehicles: +€23,060
- Cash -€8,446
down €8,446 (-97.7%), from €8,641 to €195
mainly Investment in fixed assets (net) (-€35,969) and Net result for the year (-€9,706)
- Receivables within one year -€7,034
down €7,034 (-81.4%), from €8,638 to €1,604
of which Trade receivables: -€7,077
- Debts after one year +€19,378
new in 2025: €19,378
- Profit (loss) carried forward -€9,706
new in 2025: -€9,706
- Current portion of long-term debt +€6,020
new in 2025: €6,020
- Trade debts -€2,035
down €2,035 (-67.2%), from €3,028 to €993
- Short-term financial debts +€531
new in 2025: €531
- Gross operating margin -€11,649
down €11,649, from €10,199 to -€1,449
- Depreciation +€5,908
up €5,908 (+454%), from €1,301 to €7,209
- Taxes -€1,715
down €1,715 (-94.0%), from €1,825 to €110
- Financial charges +€479
up €479 (+175%), from €273 to €752
- Other operating charges +€186
new in 2025: €186
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 | €26,478 | €39,758 | +€13,281 | +50.2% |
| Fixed assets | 21/28 | €9,199 | €37,960 | +€28,761 | +313% |
| Tangible fixed assets | 22/27 | €9,199 | €37,960 | +€28,761 | +313% |
| Plant, machinery and equipment | 23 | €2,909 | €8,609 | +€5,701 | +196% |
| Furniture and vehicles | 24 | €6,290 | €29,350 | +€23,060 | +367% |
| Current assets | 29/58 | €17,279 | €1,799 | -€15,480 | -89.6% |
| Amounts receivable within one year | 40/41 | €8,638 | €1,604 | -€7,034 | -81.4% |
| Trade receivables | 40 | €8,638 | €1,561 | -€7,077 | -81.9% |
| Other amounts receivable | 41 | - | €43 | +€43 | |
| Cash at bank and in hand | 54/58 | €8,641 | €195 | -€8,446 | -97.7% |
| Total equity and liabilities | 10/49 | €26,478 | €39,758 | +€13,281 | +50.2% |
| Equity | 10/15 | €7,803 | -€1,902 | -€9,706 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €6,803 | €6,803 | = | 0.0% |
| Distributable reserves | 133 | €6,803 | €6,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,706 | -€9,706 | |
| Amounts payable | 17/49 | €18,674 | €41,661 | +€22,986 | +123% |
| Amounts payable after more than one year | 17 | - | €19,378 | +€19,378 | |
| Financial debts | 170/4 | - | €19,378 | +€19,378 | |
| Amounts payable within one year | 42/48 | €18,674 | €22,283 | +€3,608 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,020 | +€6,020 | |
| Financial debts | 43 | - | €531 | +€531 | |
| Credit institutions | 430/8 | - | €531 | +€531 | |
| Trade debts | 44 | €3,028 | €993 | -€2,035 | -67.2% |
| Suppliers | 440/4 | €3,028 | €993 | -€2,035 | -67.2% |
| Taxes, remuneration and social security | 45 | €3,405 | €2,961 | -€444 | -13.0% |
| Taxes | 450/3 | €3,405 | €2,961 | -€444 | -13.0% |
| Other amounts payable | 47/48 | €12,241 | €11,777 | -€464 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,301 | €7,209 | +€5,908 | +454% |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | €10,199 | -€1,449 | -€11,649 | |
| Operating profit (loss) | 9901 | €8,898 | -€8,844 | -€17,742 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €273 | €752 | +€479 | +175% |
| Recurring financial charges | 65 | €273 | €752 | +€479 | +175% |
| Profit (loss) for the period before taxes | 9903 | €8,629 | -€9,595 | -€18,224 | |
| Income taxes | 67/77 | €1,825 | €110 | -€1,715 | -94.0% |
| Profit (loss) for the period | 9904 | €6,803 | -€9,706 | -€16,509 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,803 | -€9,706 | -€16,509 |
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 14 October 2026 via checked.be.