STUDIO BRIZA: 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.
STUDIO BRIZA
Largest movements
- Cash +€23,337
up €23,337 (+45.4%), from €51,442 to €74,779
mainly Net result for the year (+€14,651) and Depreciation (+€12,883)
- Receivables within one year -€6,918
down €6,918 (-42.4%), from €16,313 to €9,395
of which Trade receivables: -€9,820
- Tangible fixed assets -€6,681
down €6,681 (-14.0%), from €47,786 to €41,105
of which Furniture and vehicles: -€7,266
- Reserves +€14,651
up €14,651 (+16.8%), from €87,194 to €101,845
of which Distributable reserves: +€14,651
- Other debts -€4,465
down €4,465 (-54.9%), from €8,138 to €3,673
- Accrued charges and deferred income -€1,436
down €1,436 (-100%), from €1,436 to €0
- Gross operating margin -€19,635
down €19,635 (-37.7%), from €52,083 to €32,448
- Depreciation -€10,210
down €10,210 (-44.2%), from €23,093 to €12,883
- Taxes -€1,618
down €1,618 (-27.6%), from €5,853 to €4,235
- Financial charges -€1,041
down €1,041 (-85.6%), from €1,216 to €175
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 | €115,991 | €125,808 | +€9,816 | +8.5% |
| Fixed assets | 21/28 | €47,876 | €41,195 | -€6,681 | -14.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €47,786 | €41,105 | -€6,681 | -14.0% |
| Plant, machinery and equipment | 23 | - | €585 | +€585 | |
| Furniture and vehicles | 24 | €47,786 | €40,520 | -€7,266 | -15.2% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €68,116 | €84,613 | +€16,497 | +24.2% |
| Amounts receivable within one year | 40/41 | €16,313 | €9,395 | -€6,918 | -42.4% |
| Trade receivables | 40 | €13,450 | €3,630 | -€9,820 | -73.0% |
| Other amounts receivable | 41 | €2,863 | €5,765 | +€2,902 | +101% |
| Cash at bank and in hand | 54/58 | €51,442 | €74,779 | +€23,337 | +45.4% |
| Deferred charges and accrued income | 490/1 | €360 | €438 | +€78 | +21.5% |
| Total equity and liabilities | 10/49 | €115,991 | €125,808 | +€9,816 | +8.5% |
| Equity | 10/15 | €105,794 | €120,445 | +€14,651 | +13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €87,194 | €101,845 | +€14,651 | +16.8% |
| Tax-exempt reserves | 132 | €119 | €119 | = | 0.0% |
| Distributable reserves | 133 | €87,075 | €101,726 | +€14,651 | +16.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,198 | €5,363 | -€4,835 | -47.4% |
| Amounts payable within one year | 42/48 | €8,762 | €5,363 | -€3,400 | -38.8% |
| Trade debts | 44 | €34 | €697 | +€662 | +1,940% |
| Suppliers | 440/4 | €34 | €697 | +€662 | +1,940% |
| Taxes, remuneration and social security | 45 | €590 | €993 | +€403 | +68.4% |
| Taxes | 450/3 | €590 | €993 | +€403 | +68.4% |
| Other amounts payable | 47/48 | €8,138 | €3,673 | -€4,465 | -54.9% |
| Accrued charges and deferred income | 492/3 | €1,436 | €0 | -€1,436 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,093 | €12,883 | -€10,210 | -44.2% |
| Other operating charges | 640/8 | €557 | €462 | -€95 | -17.1% |
| Non-recurring operating charges | 66A | €973 | €45 | -€928 | -95.4% |
| Gross operating margin | 9900 | €52,083 | €32,448 | -€19,635 | -37.7% |
| Operating profit (loss) | 9901 | €27,460 | €19,059 | -€8,401 | -30.6% |
| Financial income | 75/76B | €18 | €2 | -€16 | -87.9% |
| Recurring financial income | 75 | €18 | €2 | -€16 | -87.9% |
| Financial charges | 65/66B | €1,216 | €175 | -€1,041 | -85.6% |
| Recurring financial charges | 65 | €1,216 | €175 | -€1,041 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | €26,261 | €18,886 | -€7,375 | -28.1% |
| Income taxes | 67/77 | €5,853 | €4,235 | -€1,618 | -27.6% |
| Profit (loss) for the period | 9904 | €20,408 | €14,651 | -€5,757 | -28.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,408 | €14,651 | -€5,757 | -28.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.