STUDIO ANGEL VERGARA: what changed
STUDIO ANGEL VERGARA
Largest movements
- Cash +€27,496
up €27,496 (+22.9%), from €119,849 to €147,345
mainly Net result for the year (+€31,476) and Tax, wage and social debts (+€1,651)
- Reserves +€30,000
up €30,000 (+35.3%), from €85,000 to €115,000
- Other debts -€5,882
down €5,882 (-21.1%), from €27,912 to €22,031
- Tax, wage and social debts +€1,651
up €1,651 (+75.5%), from €2,186 to €3,837
of which Taxes: +€1,651
- Gross operating margin +€17,085
up €17,085 (+62.3%), from €27,419 to €44,504
- Taxes +€4,266
up €4,266 (+56.1%), from €7,602 to €11,868
- Depreciation +€711
up €711 (+216%), from €329 to €1,041
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,448 | €151,913 | +€26,465 | +21.1% |
| Fixed assets | 21/28 | €2,520 | €2,498 | -€21 | -0.9% |
| Tangible fixed assets | 22/27 | €2,520 | €2,498 | -€21 | -0.9% |
| Furniture and vehicles | 24 | €2,520 | €2,498 | -€21 | -0.9% |
| Current assets | 29/58 | €122,928 | €149,415 | +€26,486 | +21.5% |
| Stocks and contracts in progress | 3 | €636 | - | -€636 | |
| Stocks | 30/36 | €636 | - | -€636 | |
| Amounts receivable within one year | 40/41 | €2,443 | €2,070 | -€374 | -15.3% |
| Trade receivables | 40 | - | €29 | +€29 | |
| Other amounts receivable | 41 | €2,443 | €2,041 | -€403 | -16.5% |
| Cash at bank and in hand | 54/58 | €119,849 | €147,345 | +€27,496 | +22.9% |
| Total equity and liabilities | 10/49 | €125,448 | €151,913 | +€26,465 | +21.1% |
| Equity | 10/15 | €93,727 | €125,202 | +€31,476 | +33.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,000 | €115,000 | +€30,000 | +35.3% |
| Distributable reserves | 133 | €85,000 | €115,000 | +€30,000 | +35.3% |
| Profit (loss) carried forward | 14 | €3,727 | €5,202 | +€1,476 | +39.6% |
| Amounts payable | 17/49 | €31,722 | €26,711 | -€5,011 | -15.8% |
| Amounts payable within one year | 42/48 | €31,722 | €26,711 | -€5,011 | -15.8% |
| Trade debts | 44 | €1,624 | €843 | -€780 | -48.1% |
| Suppliers | 440/4 | €1,624 | €843 | -€780 | -48.1% |
| Taxes, remuneration and social security | 45 | €2,186 | €3,837 | +€1,651 | +75.5% |
| Taxes | 450/3 | €773 | €2,423 | +€1,651 | +214% |
| Remuneration and social security | 454/9 | €1,413 | €1,413 | = | 0.0% |
| Other amounts payable | 47/48 | €27,912 | €22,031 | -€5,882 | -21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €329 | €1,041 | +€711 | +216% |
| Gross operating margin | 9900 | €27,419 | €44,504 | +€17,085 | +62.3% |
| Operating profit (loss) | 9901 | €27,090 | €43,463 | +€16,373 | +60.4% |
| Financial charges | 65/66B | - | €119 | +€119 | |
| Recurring financial charges | 65 | - | €119 | +€119 | |
| Profit (loss) for the period before taxes | 9903 | €27,090 | €43,344 | +€16,255 | +60.0% |
| Income taxes | 67/77 | €7,602 | €11,868 | +€4,266 | +56.1% |
| Profit (loss) for the period | 9904 | €19,488 | €31,476 | +€11,988 | +61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,488 | €31,476 | +€11,988 | +61.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.