Studio Gaspar: 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 Gaspar
Largest movements
- Cash +€87,286
up €87,286 (+288.3%), from €30,277 to €117,564
mainly Net result for the year (+€80,902) and Tax, wage and social debts (+€18,853)
- Reserves +€80,902
up €80,902 (+71.5%), from €113,195 to €194,096
- Tax, wage and social debts +€18,853
up €18,853 (+87.1%), from €21,651 to €40,504
of which Taxes: +€21,077
- Trade debts -€7,713
down €7,713 (-77.8%), from €9,918 to €2,205
- Other debts -€6,940
down €6,940 (-73.4%), from €9,461 to €2,520
- Gross operating margin +€39,179
up €39,179 (+59.3%), from €66,043 to €105,222
- Taxes +€8,923
up €8,923 (+65.8%), from €13,563 to €22,486
- Financial income +€2,253
up €2,253 (+388475.9%), from €1 to €2,254
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.
Cash bridge derived
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 | €157,224 | €242,326 | +€85,102 | +54.1% |
| Fixed assets | 21/28 | €4,426 | €3,379 | -€1,047 | -23.7% |
| Tangible fixed assets | 22/27 | €4,276 | €3,229 | -€1,047 | -24.5% |
| Furniture and vehicles | 24 | €4,276 | €3,229 | -€1,047 | -24.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €152,799 | €238,947 | +€86,149 | +56.4% |
| Amounts receivable within one year | 40/41 | €20,582 | €18,655 | -€1,927 | -9.4% |
| Trade receivables | 40 | €20,582 | €18,655 | -€1,927 | -9.4% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,277 | €117,564 | +€87,286 | +288.3% |
| Deferred charges and accrued income | 490/1 | €1,939 | €2,729 | +€789 | +40.7% |
| Total equity and liabilities | 10/49 | €157,224 | €242,326 | +€85,102 | +54.1% |
| Equity | 10/15 | €116,195 | €197,096 | +€80,902 | +69.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €113,195 | €194,096 | +€80,902 | +71.5% |
| Distributable reserves | 133 | €113,195 | €194,096 | +€80,902 | +71.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €41,030 | €45,230 | +€4,200 | +10.2% |
| Amounts payable within one year | 42/48 | €41,030 | €45,230 | +€4,200 | +10.2% |
| Trade debts | 44 | €9,918 | €2,205 | -€7,713 | -77.8% |
| Suppliers | 440/4 | €9,918 | €2,205 | -€7,713 | -77.8% |
| Taxes, remuneration and social security | 45 | €21,651 | €40,504 | +€18,853 | +87.1% |
| Taxes | 450/3 | €19,427 | €40,504 | +€21,077 | +108.5% |
| Remuneration and social security | 454/9 | €2,224 | €0 | -€2,224 | -100.0% |
| Other amounts payable | 47/48 | €9,461 | €2,520 | -€6,940 | -73.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €944 | €1,047 | +€102 | +10.8% |
| Other operating charges | 640/8 | €886 | €1,498 | +€613 | +69.2% |
| Gross operating margin | 9900 | €66,043 | €105,222 | +€39,179 | +59.3% |
| Operating profit (loss) | 9901 | €64,213 | €102,677 | +€38,464 | +59.9% |
| Financial income | 75/76B | €1 | €2,254 | +€2,253 | +388475.9% |
| Recurring financial income | 75 | €1 | €2,254 | +€2,253 | +388475.9% |
| Financial charges | 65/66B | €1,818 | €1,543 | -€275 | -15.1% |
| Recurring financial charges | 65 | €1,818 | €1,543 | -€275 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €62,396 | €103,388 | +€40,992 | +65.7% |
| Income taxes | 67/77 | €13,563 | €22,486 | +€8,923 | +65.8% |
| Profit (loss) for the period | 9904 | €48,833 | €80,902 | +€32,069 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,833 | €80,902 | +€32,069 | +65.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.