Palette 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.
Palette Studio
Largest movements
- Receivables within one year -€48,119
down €48,119 (-77.8%), from €61,839 to €13,721
of which Other amounts receivable: -€56,782
- Tangible fixed assets -€3,016
down €3,016 (-14.4%), from €20,937 to €17,921
of which Other tangible fixed assets: -€2,590
- Other debts -€58,437
down €58,437 (-88.1%), from €66,308 to €7,871
- Reserves +€10,356
up €10,356, from €0 to €10,356
- Tax, wage and social debts +€5,483
up €5,483, from €0 to €5,483
of which Taxes: +€5,483
- Debts after one year -€5,149
down €5,149 (-100%), from €5,149 to €0
- Current portion of long-term debt -€3,062
down €3,062 (-37.3%), from €8,211 to €5,149
- Gross operating margin +€26,292
up €26,292, from -€11,341 to €14,951
- Financial income -€3,122
down €3,122 (-90.6%), from €3,447 to €325
- Taxes +€1,037
new in 2025: €1,037
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 | €86,248 | €34,623 | -€51,625 | -59.9% |
| Fixed assets | 21/28 | €20,937 | €17,921 | -€3,016 | -14.4% |
| Tangible fixed assets | 22/27 | €20,937 | €17,921 | -€3,016 | -14.4% |
| Furniture and vehicles | 24 | €426 | €0 | -€426 | -100% |
| Other tangible fixed assets | 26 | €20,511 | €17,921 | -€2,590 | -12.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €65,311 | €16,701 | -€48,609 | -74.4% |
| Amounts receivable within one year | 40/41 | €61,839 | €13,721 | -€48,119 | -77.8% |
| Trade receivables | 40 | €387 | €9,051 | +€8,663 | +2,237% |
| Other amounts receivable | 41 | €61,452 | €4,670 | -€56,782 | -92.4% |
| Cash at bank and in hand | 54/58 | €2,318 | €1,518 | -€800 | -34.5% |
| Deferred charges and accrued income | 490/1 | €1,153 | €1,462 | +€309 | +26.8% |
| Total equity and liabilities | 10/49 | €86,248 | €34,623 | -€51,625 | -59.9% |
| Equity | 10/15 | €4,000 | €14,356 | +€10,356 | +259% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €0 | €10,356 | +€10,356 | |
| Distributable reserves | 133 | €0 | €10,356 | +€10,356 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,248 | €20,267 | -€61,981 | -75.4% |
| Amounts payable after more than one year | 17 | €5,149 | €0 | -€5,149 | -100% |
| Financial debts | 170/4 | €5,149 | €0 | -€5,149 | -100% |
| Amounts payable within one year | 42/48 | €77,086 | €20,264 | -€56,822 | -73.7% |
| Current portion of amounts payable after more than one year | 42 | €8,211 | €5,149 | -€3,062 | -37.3% |
| Trade debts | 44 | €2,567 | €1,761 | -€806 | -31.4% |
| Suppliers | 440/4 | €2,567 | €1,761 | -€806 | -31.4% |
| Taxes, remuneration and social security | 45 | €0 | €5,483 | +€5,483 | |
| Taxes | 450/3 | €0 | €5,483 | +€5,483 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €66,308 | €7,871 | -€58,437 | -88.1% |
| Accrued charges and deferred income | 492/3 | €13 | €3 | -€9 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,067 | €3,016 | -€51 | -1.7% |
| Other operating charges | 640/8 | €387 | €450 | +€62 | +16.1% |
| Non-recurring operating charges | 66A | €8,999 | €0 | -€8,999 | -100% |
| Gross operating margin | 9900 | -€11,341 | €14,951 | +€26,292 | |
| Operating profit (loss) | 9901 | -€23,794 | €11,486 | +€35,280 | |
| Financial income | 75/76B | €3,447 | €325 | -€3,122 | -90.6% |
| Recurring financial income | 75 | €3,447 | €325 | -€3,122 | -90.6% |
| Financial charges | 65/66B | €463 | €418 | -€45 | -9.7% |
| Recurring financial charges | 65 | €463 | €418 | -€45 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | -€20,809 | €11,393 | +€32,202 | |
| Income taxes | 67/77 | - | €1,037 | +€1,037 | |
| Profit (loss) for the period | 9904 | -€20,809 | €10,356 | +€31,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,809 | €10,356 | +€31,165 |
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 19 October 2026 via checked.be.