Pilates studio by Val: 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.
Pilates studio by Val
Largest movements
- Tangible fixed assets +€7,190
up €7,190 (+19.9%), from €36,188 to €43,377
of which Plant, machinery and equipment: +€8,071
- Receivables within one year +€939
up €939 (+26.5%), from €3,546 to €4,486
of which Other amounts receivable: +€2,652
- Other debts -€14,397
down €14,397 (-54.7%), from €26,312 to €11,915
- Debts after one year +€9,783
up €9,783 (+736%), from €1,329 to €11,111
- Profit (loss) carried forward +€5,924
up €5,924 (+417%), from €1,419 to €7,343
- Trade debts +€4,457
up €4,457 (+266%), from €1,675 to €6,132
- Current portion of long-term debt +€1,569
up €1,569 (+51.4%), from €3,052 to €4,621
- Gross operating margin -€6,943
down €6,943 (-18.4%), from €37,637 to €30,694
- Depreciation +€3,697
up €3,697 (+35.5%), from €10,425 to €14,121
- Taxes +€2,532
up €2,532 (+490%), from €516 to €3,048
- Financial charges -€1,615
down €1,615 (-44.3%), from €3,647 to €2,032
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 | €51,009 | €58,822 | +€7,813 | +15.3% |
| Formation expenses | 20 | €636 | €411 | -€225 | -35.4% |
| Fixed assets | 21/28 | €36,282 | €43,531 | +€7,250 | +20.0% |
| Tangible fixed assets | 22/27 | €36,188 | €43,377 | +€7,190 | +19.9% |
| Plant, machinery and equipment | 23 | €28,883 | €36,954 | +€8,071 | +27.9% |
| Furniture and vehicles | 24 | €2,662 | €1,607 | -€1,056 | -39.6% |
| Other tangible fixed assets | 26 | €4,642 | €4,816 | +€174 | +3.8% |
| Financial fixed assets | 28 | €94 | €154 | +€60 | +63.8% |
| Current assets | 29/58 | €14,091 | €14,879 | +€788 | +5.6% |
| Amounts receivable within one year | 40/41 | €3,546 | €4,486 | +€939 | +26.5% |
| Trade receivables | 40 | €1,713 | €0 | -€1,713 | -100% |
| Other amounts receivable | 41 | €1,834 | €4,486 | +€2,652 | +145% |
| Cash at bank and in hand | 54/58 | €7,954 | €7,816 | -€138 | -1.7% |
| Deferred charges and accrued income | 490/1 | €2,591 | €2,577 | -€13 | -0.5% |
| Total equity and liabilities | 10/49 | €51,009 | €58,822 | +€7,813 | +15.3% |
| Equity | 10/15 | €11,419 | €17,343 | +€5,924 | +51.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,419 | €7,343 | +€5,924 | +417% |
| Amounts payable | 17/49 | €39,589 | €41,478 | +€1,889 | +4.8% |
| Amounts payable after more than one year | 17 | €1,329 | €11,111 | +€9,783 | +736% |
| Financial debts | 170/4 | €1,329 | €11,111 | +€9,783 | +736% |
| Amounts payable within one year | 42/48 | €38,223 | €30,367 | -€7,856 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €3,052 | €4,621 | +€1,569 | +51.4% |
| Trade debts | 44 | €1,675 | €6,132 | +€4,457 | +266% |
| Suppliers | 440/4 | €1,675 | €6,132 | +€4,457 | +266% |
| Taxes, remuneration and social security | 45 | €7,184 | €7,700 | +€516 | +7.2% |
| Taxes | 450/3 | €7,184 | €7,700 | +€516 | +7.2% |
| Other amounts payable | 47/48 | €26,312 | €11,915 | -€14,397 | -54.7% |
| Accrued charges and deferred income | 492/3 | €38 | €0 | -€38 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,425 | €14,121 | +€3,697 | +35.5% |
| Other operating charges | 640/8 | €1,021 | €875 | -€147 | -14.4% |
| Non-recurring operating charges | 66A | €5,976 | €0 | -€5,976 | -100% |
| Gross operating margin | 9900 | €37,637 | €30,694 | -€6,943 | -18.4% |
| Operating profit (loss) | 9901 | €20,215 | €15,698 | -€4,517 | -22.3% |
| Financial income | 75/76B | €47 | €306 | +€258 | +545% |
| Recurring financial income | 75 | €47 | €306 | +€258 | +545% |
| Financial charges | 65/66B | €3,647 | €2,032 | -€1,615 | -44.3% |
| Recurring financial charges | 65 | €3,647 | €2,032 | -€1,615 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | €16,616 | €13,972 | -€2,644 | -15.9% |
| Income taxes | 67/77 | €516 | €3,048 | +€2,532 | +490% |
| Profit (loss) for the period | 9904 | €16,099 | €10,924 | -€5,175 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,099 | €10,924 | -€5,175 | -32.1% |
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 24 October 2026 via checked.be.