Studio EMOSI: 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 EMOSI
Largest movements
- Deferred charges and accrued income +€233,678
up €233,678 (+198%), from €118,298 to €351,976
- Cash -€66,439
down €66,439 (-25.3%), from €262,760 to €196,322
mainly Deferred charges and accrued income (-€233,678) and Investment in fixed assets (net) (-€31,380)
- Tangible fixed assets +€9,386
up €9,386 (+69.7%), from €13,476 to €22,862
of which Furniture and vehicles: +€9,386
- Trade debts +€165,231
up €165,231 (+507%), from €32,590 to €197,821
- Reserves +€32,000
up €32,000 (+97.0%), from €33,000 to €65,000
- Accrued charges and deferred income -€10,388
down €10,388 (-1.8%), from €571,388 to €561,000
- Gross operating margin +€98,182
up €98,182 (+226%), from €43,417 to €141,599
- Staff costs +€58,939
up €58,939 (+512%), from €11,502 to €70,441
- Taxes +€7,622
up €7,622 (+154%), from €4,955 to €12,576
- Depreciation +€5,109
up €5,109 (+24.3%), from €20,984 to €26,093
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 | €676,605 | €850,959 | +€174,354 | +25.8% |
| Fixed assets | 21/28 | €146,522 | €151,809 | +€5,287 | +3.6% |
| Intangible fixed assets | 21 | €131,062 | €126,964 | -€4,099 | -3.1% |
| Tangible fixed assets | 22/27 | €13,476 | €22,862 | +€9,386 | +69.7% |
| Furniture and vehicles | 24 | €10,676 | €20,062 | +€9,386 | +87.9% |
| Other tangible fixed assets | 26 | €2,800 | €2,800 | = | 0.0% |
| Financial fixed assets | 28 | €1,984 | €1,984 | = | 0.0% |
| Current assets | 29/58 | €530,084 | €699,150 | +€169,066 | +31.9% |
| Amounts receivable within one year | 40/41 | €149,026 | €150,852 | +€1,827 | +1.2% |
| Trade receivables | 40 | €129,227 | €74,527 | -€54,700 | -42.3% |
| Other amounts receivable | 41 | €19,799 | €76,326 | +€56,527 | +286% |
| Cash at bank and in hand | 54/58 | €262,760 | €196,322 | -€66,439 | -25.3% |
| Deferred charges and accrued income | 490/1 | €118,298 | €351,976 | +€233,678 | +198% |
| Total equity and liabilities | 10/49 | €676,605 | €850,959 | +€174,354 | +25.8% |
| Equity | 10/15 | €33,890 | €66,184 | +€32,293 | +95.3% |
| Reserves | 13 | €33,000 | €65,000 | +€32,000 | +97.0% |
| Distributable reserves | 133 | €33,000 | €65,000 | +€32,000 | +97.0% |
| Profit (loss) carried forward | 14 | €890 | €1,184 | +€293 | +33.0% |
| Amounts payable | 17/49 | €642,715 | €784,775 | +€142,060 | +22.1% |
| Amounts payable within one year | 42/48 | €71,327 | €223,775 | +€152,448 | +214% |
| Trade debts | 44 | €32,590 | €197,821 | +€165,231 | +507% |
| Suppliers | 440/4 | €32,590 | €197,821 | +€165,231 | +507% |
| Taxes, remuneration and social security | 45 | €31,533 | €25,954 | -€5,578 | -17.7% |
| Taxes | 450/3 | €31,533 | €18,076 | -€13,456 | -42.7% |
| Remuneration and social security | 454/9 | - | €7,878 | +€7,878 | |
| Other amounts payable | 47/48 | €7,205 | - | -€7,205 | |
| Accrued charges and deferred income | 492/3 | €571,388 | €561,000 | -€10,388 | -1.8% |
| Remuneration, social security and pensions | 62 | €11,502 | €70,441 | +€58,939 | +512% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,984 | €26,093 | +€5,109 | +24.3% |
| Other operating charges | 640/8 | €194 | €1,521 | +€1,326 | +683% |
| Gross operating margin | 9900 | €43,417 | €141,599 | +€98,182 | +226% |
| Operating profit (loss) | 9901 | €10,736 | €43,544 | +€32,808 | +306% |
| Financial income | 75/76B | €578 | €1,632 | +€1,054 | +183% |
| Recurring financial income | 75 | €578 | €1,632 | +€1,054 | +183% |
| Financial charges | 65/66B | €118 | €306 | +€188 | +158% |
| Recurring financial charges | 65 | €118 | €306 | +€188 | +158% |
| Profit (loss) for the period before taxes | 9903 | €11,195 | €44,870 | +€33,675 | +301% |
| Income taxes | 67/77 | €4,955 | €12,576 | +€7,622 | +154% |
| Profit (loss) for the period | 9904 | €6,241 | €32,293 | +€26,053 | +417% |
| Profit (loss) for the period to be appropriated | 9905 | €6,241 | €32,293 | +€26,053 | +417% |
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 25 October 2026 via checked.be.