HIFI 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.
HIFI STUDIO
Largest movements
- Cash -€7,230
down €7,230 (-44.8%), from €16,139 to €8,910
mainly Net result for the year (-€12,078) and Investment in fixed assets (net) (-€1,122)
- Current investments -€3,974
down €3,974 (-35.3%), from €11,243 to €7,269
- Receivables within one year -€1,922
down €1,922 (-55.7%), from €3,450 to €1,528
of which Other amounts receivable: -€1,176
- Tangible fixed assets +€787
up €787 (+26.4%), from €2,978 to €3,765
of which Other tangible fixed assets: +€817
- Profit (loss) carried forward -€12,078
new in 2025: -€12,078
- Other debts -€1,047
no longer reported in 2025 (was €1,047)
- Trade debts +€527
up €527 (+2413.4%), from €22 to €549
- Gross operating margin -€13,631
down €13,631 (-2324.0%), from -€587 to -€14,217
- Taxes -€1,269
down €1,269 (-81.4%), from €1,559 to €290
- Financial income -€1,092
down €1,092 (-27.2%), from €4,014 to €2,922
of which Financial income: -€838
- Write-downs +€158
no longer reported in 2025 (was -€158)
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 | €34,116 | €21,685 | -€12,432 | -36.4% |
| Fixed assets | 21/28 | €2,978 | €3,765 | +€787 | +26.4% |
| Tangible fixed assets | 22/27 | €2,978 | €3,765 | +€787 | +26.4% |
| Plant, machinery and equipment | 23 | €30 | - | -€30 | |
| Furniture and vehicles | 24 | €1,500 | €1,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,448 | €2,265 | +€817 | +56.5% |
| Current assets | 29/58 | €31,138 | €17,919 | -€13,219 | -42.5% |
| Amounts receivable within one year | 40/41 | €3,450 | €1,528 | -€1,922 | -55.7% |
| Trade receivables | 40 | €1,611 | €865 | -€746 | -46.3% |
| Other amounts receivable | 41 | €1,839 | €663 | -€1,176 | -63.9% |
| Current investments | 50/53 | €11,243 | €7,269 | -€3,974 | -35.3% |
| Cash at bank and in hand | 54/58 | €16,139 | €8,910 | -€7,230 | -44.8% |
| Deferred charges and accrued income | 490/1 | €306 | €213 | -€94 | -30.6% |
| Total equity and liabilities | 10/49 | €34,116 | €21,685 | -€12,432 | -36.4% |
| Equity | 10/15 | €30,359 | €18,282 | -€12,078 | -39.8% |
| Contributions | 10/11 | €18,621 | €18,621 | = | 0.0% |
| Reserves | 13 | €11,738 | €11,738 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,935 | €5,935 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,935 | €5,935 | = | 0.0% |
| Distributable reserves | 133 | €5,803 | €5,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,078 | -€12,078 | |
| Amounts payable | 17/49 | €3,757 | €3,403 | -€354 | -9.4% |
| Amounts payable within one year | 42/48 | €3,757 | €3,402 | -€355 | -9.5% |
| Trade debts | 44 | €22 | €549 | +€527 | +2413.4% |
| Suppliers | 440/4 | €22 | €549 | +€527 | +2413.4% |
| Taxes, remuneration and social security | 45 | €2,689 | €2,853 | +€164 | +6.1% |
| Taxes | 450/3 | €2,689 | €2,853 | +€164 | +6.1% |
| Other amounts payable | 47/48 | €1,047 | - | -€1,047 | |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225 | €335 | +€110 | +48.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€158 | - | +€158 | |
| Gross operating margin | 9900 | -€587 | -€14,217 | -€13,631 | -2324.0% |
| Operating profit (loss) | 9901 | -€654 | -€14,552 | -€13,898 | -2124.4% |
| Financial income | 75/76B | €4,014 | €2,922 | -€1,092 | -27.2% |
| Recurring financial income | 75 | €1,662 | €824 | -€838 | -50.4% |
| Non-recurring financial income | 76B | €2,352 | €2,098 | -€254 | -10.8% |
| Financial charges | 65/66B | €148 | €157 | +€9 | +6.4% |
| Recurring financial charges | 65 | €148 | €157 | +€9 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €3,212 | -€11,787 | -€14,999 | |
| Income taxes | 67/77 | €1,559 | €290 | -€1,269 | -81.4% |
| Profit (loss) for the period | 9904 | €1,653 | -€12,078 | -€13,731 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,653 | -€12,078 | -€13,731 |
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 11 October 2026 via checked.be.