Linasa 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.
Linasa Studios
Largest movements
- Current investments -€120,000
down €120,000 (-93.8%), from €127,940 to €7,940
- Cash +€78,577
up €78,577 (+170%), from €46,316 to €124,893
mainly Other debts (+€178,983) and Current investments (+€120,000)
- Tangible fixed assets -€32,099
down €32,099 (-26.4%), from €121,452 to €89,353
of which Furniture and vehicles: -€30,300
- Reserves -€251,950
down €251,950 (-91.6%), from €274,937 to €22,988
- Other debts +€178,983
up €178,983 (+1,929%), from €9,277 to €188,260
- Depreciation +€14,235
up €14,235 (+79.7%), from €17,864 to €32,099
- Gross operating margin +€7,757
up €7,757 (+7.0%), from €111,548 to €119,305
- Financial income -€1,319
down €1,319 (-46.3%), from €2,851 to €1,532
- Taxes -€1,294
down €1,294 (-6.8%), from €19,110 to €17,816
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 | €312,152 | €240,624 | -€71,528 | -22.9% |
| Fixed assets | 21/28 | €121,452 | €89,353 | -€32,099 | -26.4% |
| Tangible fixed assets | 22/27 | €121,452 | €89,353 | -€32,099 | -26.4% |
| Furniture and vehicles | 24 | €114,020 | €83,720 | -€30,300 | -26.6% |
| Other tangible fixed assets | 26 | €7,432 | €5,633 | -€1,799 | -24.2% |
| Current assets | 29/58 | €190,700 | €151,271 | -€39,429 | -20.7% |
| Amounts receivable within one year | 40/41 | €15,730 | €18,374 | +€2,644 | +16.8% |
| Trade receivables | 40 | €15,730 | €15,730 | = | 0.0% |
| Other amounts receivable | 41 | - | €2,644 | +€2,644 | |
| Current investments | 50/53 | €127,940 | €7,940 | -€120,000 | -93.8% |
| Cash at bank and in hand | 54/58 | €46,316 | €124,893 | +€78,577 | +170% |
| Deferred charges and accrued income | 490/1 | €714 | €64 | -€650 | -91.0% |
| Total equity and liabilities | 10/49 | €312,152 | €240,624 | -€71,528 | -22.9% |
| Equity | 10/15 | €275,937 | €23,988 | -€251,950 | -91.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €274,937 | €22,988 | -€251,950 | -91.6% |
| Distributable reserves | 133 | €274,937 | €22,988 | -€251,950 | -91.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,215 | €216,637 | +€180,422 | +498% |
| Amounts payable within one year | 42/48 | €36,001 | €215,284 | +€179,284 | +498% |
| Trade debts | 44 | €89 | €0 | -€89 | -100% |
| Suppliers | 440/4 | €89 | €0 | -€89 | -100% |
| Taxes, remuneration and social security | 45 | €26,635 | €27,024 | +€389 | +1.5% |
| Taxes | 450/3 | €26,635 | €27,024 | +€389 | +1.5% |
| Other amounts payable | 47/48 | €9,277 | €188,260 | +€178,983 | +1,929% |
| Accrued charges and deferred income | 492/3 | €214 | €1,352 | +€1,138 | +531% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,864 | €32,099 | +€14,235 | +79.7% |
| Other operating charges | 640/8 | €440 | €453 | +€12 | +2.8% |
| Gross operating margin | 9900 | €111,548 | €119,305 | +€7,757 | +7.0% |
| Operating profit (loss) | 9901 | €93,244 | €86,753 | -€6,490 | -7.0% |
| Financial income | 75/76B | €2,851 | €1,532 | -€1,319 | -46.3% |
| Recurring financial income | 75 | €2,851 | €1,532 | -€1,319 | -46.3% |
| Financial charges | 65/66B | €1,658 | €2,420 | +€762 | +45.9% |
| Recurring financial charges | 65 | €1,658 | €2,420 | +€762 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €94,437 | €85,866 | -€8,571 | -9.1% |
| Income taxes | 67/77 | €19,110 | €17,816 | -€1,294 | -6.8% |
| Profit (loss) for the period | 9904 | €75,327 | €68,050 | -€7,277 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,327 | €68,050 | -€7,277 | -9.7% |
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.