Studio AMA: what changed
Two fiscal 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.
Studio AMA
Largest movements
- Receivables within one year +€68,831
up €68,831 (+118.2%), from €58,214 to €127,045
of which Trade receivables: +€60,839
- Cash +€24,986
up €24,986 (+3801.2%), from €657 to €25,643
mainly Net result for the year (+€43,314) and Trade debts (+€30,887)
- Tangible fixed assets +€8,799
up €8,799 (+131.9%), from €6,672 to €15,471
of which Plant, machinery and equipment: +€10,231
- Reserves +€44,500
up €44,500 (+127.1%), from €35,000 to €79,500
- Trade debts +€30,887
up €30,887 (+173.6%), from €17,789 to €48,676
- Other debts +€21,893
up €21,893 (+1486.3%), from €1,473 to €23,366
- Tax, wage and social debts +€3,911
up €3,911 (+35.4%), from €11,046 to €14,957
of which Taxes: +€7,230
- Accrued charges and deferred income +€3,156
up €3,156 (+920.9%), from €343 to €3,498
- Gross operating margin +€28,283
up €28,283 (+78.6%), from €35,994 to €64,277
- Taxes +€4,594
up €4,594 (+64.8%), from €7,086 to €11,680
- Depreciation +€2,848
up €2,848 (+587.9%), from €484 to €3,332
- Staff costs +€2,432
new in 2026: €2,432
- Financial charges +€933
up €933 (+46.7%), from €1,997 to €2,930
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,170 | €172,331 | +€103,161 | +149.1% |
| Fixed assets | 21/28 | €8,012 | €16,811 | +€8,799 | +109.8% |
| Tangible fixed assets | 22/27 | €6,672 | €15,471 | +€8,799 | +131.9% |
| Plant, machinery and equipment | 23 | - | €10,231 | +€10,231 | |
| Furniture and vehicles | 24 | €458 | €354 | -€104 | -22.7% |
| Other tangible fixed assets | 26 | €6,214 | €4,886 | -€1,327 | -21.4% |
| Financial fixed assets | 28 | €1,340 | €1,340 | = | 0.0% |
| Current assets | 29/58 | €61,158 | €155,520 | +€94,362 | +154.3% |
| Stocks and contracts in progress | 3 | €1,985 | €992 | -€992 | -50.0% |
| Stocks | 30/36 | €1,985 | €992 | -€992 | -50.0% |
| Amounts receivable within one year | 40/41 | €58,214 | €127,045 | +€68,831 | +118.2% |
| Trade receivables | 40 | €54,353 | €115,192 | +€60,839 | +111.9% |
| Other amounts receivable | 41 | €3,861 | €11,853 | +€7,992 | +207.0% |
| Cash at bank and in hand | 54/58 | €657 | €25,643 | +€24,986 | +3801.2% |
| Deferred charges and accrued income | 490/1 | €302 | €1,840 | +€1,537 | +508.6% |
| Total equity and liabilities | 10/49 | €69,170 | €172,331 | +€103,161 | +149.1% |
| Equity | 10/15 | €38,520 | €81,834 | +€43,314 | +112.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,000 | €79,500 | +€44,500 | +127.1% |
| Distributable reserves | 133 | €35,000 | €79,500 | +€44,500 | +127.1% |
| Profit (loss) carried forward | 14 | €1,520 | €334 | -€1,186 | -78.0% |
| Amounts payable | 17/49 | €30,650 | €90,498 | +€59,847 | +195.3% |
| Amounts payable within one year | 42/48 | €30,308 | €87,000 | +€56,692 | +187.1% |
| Trade debts | 44 | €17,789 | €48,676 | +€30,887 | +173.6% |
| Suppliers | 440/4 | €17,789 | €48,676 | +€30,887 | +173.6% |
| Taxes, remuneration and social security | 45 | €11,046 | €14,957 | +€3,911 | +35.4% |
| Taxes | 450/3 | €7,727 | €14,957 | +€7,230 | +93.6% |
| Remuneration and social security | 454/9 | €3,319 | - | -€3,319 | |
| Other amounts payable | 47/48 | €1,473 | €23,366 | +€21,893 | +1486.3% |
| Accrued charges and deferred income | 492/3 | €343 | €3,498 | +€3,156 | +920.9% |
| Remuneration, social security and pensions | 62 | - | €2,432 | +€2,432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €484 | €3,332 | +€2,848 | +587.9% |
| Other operating charges | 640/8 | €1,019 | €601 | -€418 | -41.0% |
| Gross operating margin | 9900 | €35,994 | €64,277 | +€28,283 | +78.6% |
| Operating profit (loss) | 9901 | €34,491 | €57,912 | +€23,422 | +67.9% |
| Financial income | 75/76B | €9 | €12 | +€3 | +34.0% |
| Recurring financial income | 75 | €9 | €12 | +€3 | +34.0% |
| Financial charges | 65/66B | €1,997 | €2,930 | +€933 | +46.7% |
| Recurring financial charges | 65 | €1,997 | €2,930 | +€933 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €32,503 | €54,994 | +€22,492 | +69.2% |
| Income taxes | 67/77 | €7,086 | €11,680 | +€4,594 | +64.8% |
| Profit (loss) for the period | 9904 | €25,416 | €43,314 | +€17,898 | +70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,416 | €43,314 | +€17,898 | +70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.