Sobrino 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.
Sobrino Studios
Largest movements
- Current investments +€10,970
new in 2025: €10,970
- Receivables within one year +€3,943
up €3,943 (+35.6%), from €11,092 to €15,035
of which Other amounts receivable: +€11,314
- Cash +€908
up €908 (+1.7%), from €52,294 to €53,201
mainly Net result for the year (+€26,182) and Depreciation (+€757)
- Reserves +€26,182
up €26,182 (+55.8%), from €46,930 to €73,111
- Tax, wage and social debts -€10,969
down €10,969 (-84.1%), from €13,041 to €2,071
of which Taxes: -€10,969
- Gross operating margin -€28,418
down €28,418 (-44.0%), from €64,562 to €36,144
- Taxes -€6,932
down €6,932 (-44.0%), from €15,752 to €8,820
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 | €64,499 | €79,575 | +€15,076 | +23.4% |
| Fixed assets | 21/28 | €850 | €92 | -€757 | -89.1% |
| Tangible fixed assets | 22/27 | €850 | €92 | -€757 | -89.1% |
| Plant, machinery and equipment | 23 | €850 | €92 | -€757 | -89.1% |
| Current assets | 29/58 | €63,649 | €79,482 | +€15,833 | +24.9% |
| Amounts receivable within one year | 40/41 | €11,092 | €15,035 | +€3,943 | +35.6% |
| Trade receivables | 40 | €11,092 | €3,721 | -€7,371 | -66.5% |
| Other amounts receivable | 41 | - | €11,314 | +€11,314 | |
| Current investments | 50/53 | - | €10,970 | +€10,970 | |
| Cash at bank and in hand | 54/58 | €52,294 | €53,201 | +€908 | +1.7% |
| Deferred charges and accrued income | 490/1 | €264 | €276 | +€12 | +4.5% |
| Total equity and liabilities | 10/49 | €64,499 | €79,575 | +€15,076 | +23.4% |
| Equity | 10/15 | €49,930 | €76,111 | +€26,182 | +52.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,930 | €73,111 | +€26,182 | +55.8% |
| Distributable reserves | 133 | €46,930 | €73,111 | +€26,182 | +55.8% |
| Amounts payable | 17/49 | €14,569 | €3,463 | -€11,106 | -76.2% |
| Amounts payable within one year | 42/48 | €14,569 | €3,463 | -€11,106 | -76.2% |
| Trade debts | 44 | €1,348 | €1,212 | -€137 | -10.1% |
| Suppliers | 440/4 | €1,348 | €1,212 | -€137 | -10.1% |
| Taxes, remuneration and social security | 45 | €13,041 | €2,071 | -€10,969 | -84.1% |
| Taxes | 450/3 | €11,541 | €571 | -€10,969 | -95.0% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €180 | €180 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €665 | €757 | +€92 | +13.9% |
| Other operating charges | 640/8 | €739 | €575 | -€163 | -22.1% |
| Gross operating margin | 9900 | €64,562 | €36,144 | -€28,418 | -44.0% |
| Operating profit (loss) | 9901 | €63,158 | €34,812 | -€28,347 | -44.9% |
| Financial income | 75/76B | €2 | €452 | +€449 | +19,533% |
| Recurring financial income | 75 | €2 | €452 | +€449 | +19,533% |
| Financial charges | 65/66B | €479 | €262 | -€218 | -45.4% |
| Recurring financial charges | 65 | €479 | €262 | -€218 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €62,681 | €35,002 | -€27,680 | -44.2% |
| Income taxes | 67/77 | €15,752 | €8,820 | -€6,932 | -44.0% |
| Profit (loss) for the period | 9904 | €46,930 | €26,182 | -€20,748 | -44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,930 | €26,182 | -€20,748 | -44.2% |
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 20 October 2026 via checked.be.