Studio Hyperdrive: 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 Hyperdrive
Largest movements
- Receivables within one year -€304,139
down €304,139 (-30.8%), from €987,916 to €683,777
of which Trade receivables: -€303,842
- Stocks and contracts +€40,433
up €40,433 (+30.6%), from €132,004 to €172,437
- Profit (loss) carried forward -€225,241
down €225,241 (-141.2%), from -€159,464 to -€384,705
- Other debts +€143,166
up €143,166 (+28.7%), from €498,735 to €641,901
- Tax, wage and social debts -€122,171
down €122,171 (-34.9%), from €350,237 to €228,066
of which Remuneration and social security: -€62,496
- Trade debts -€84,207
down €84,207 (-25.7%), from €327,760 to €243,553
- Advances received +€20,305
up €20,305 (+13.2%), from €153,442 to €173,746
- Gross operating margin -€575,287
down €575,287 (-22.7%), from €2.5m to €2.0m
- Turnover -€438,138
down €438,138 (-10.3%), from €4.2m to €3.8m
- Staff costs -€331,814
down €331,814 (-13.9%), from €2.4m to €2.1m
- Write-downs +€63,685
up €63,685 (+97.1%), from -€65,567 to -€1,882
- Purchases and services -€56,306
down €56,306 (-3.6%), from €1.6m to €1.5m
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 | €1,238,911 | €972,438 | -€266,472 | -21.5% |
| Fixed assets | 21/28 | €58,120 | €58,743 | +€623 | +1.1% |
| Tangible fixed assets | 22/27 | €56,120 | €58,743 | +€2,623 | +4.7% |
| Plant, machinery and equipment | 23 | €47,998 | €53,408 | +€5,410 | +11.3% |
| Furniture and vehicles | 24 | €8,122 | €5,335 | -€2,787 | -34.3% |
| Financial fixed assets | 28 | €2,000 | - | -€2,000 | |
| Current assets | 29/58 | €1,180,791 | €913,696 | -€267,095 | -22.6% |
| Stocks and contracts in progress | 3 | €132,004 | €172,437 | +€40,433 | +30.6% |
| Contracts in progress | 37 | €132,004 | €172,437 | +€40,433 | +30.6% |
| Amounts receivable within one year | 40/41 | €987,916 | €683,777 | -€304,139 | -30.8% |
| Trade receivables | 40 | €987,475 | €683,633 | -€303,842 | -30.8% |
| Other amounts receivable | 41 | €441 | €144 | -€297 | -67.3% |
| Cash at bank and in hand | 54/58 | €16,056 | €17,185 | +€1,129 | +7.0% |
| Deferred charges and accrued income | 490/1 | €44,815 | €40,296 | -€4,518 | -10.1% |
| Total equity and liabilities | 10/49 | €1,238,911 | €972,438 | -€266,472 | -21.5% |
| Equity | 10/15 | -€91,264 | -€316,505 | -€225,241 | -246.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€159,464 | -€384,705 | -€225,241 | -141.2% |
| Provisions and deferred taxes | 16 | - | €1,676 | +€1,676 | |
| Provisions for liabilities and charges | 160/5 | - | €1,676 | +€1,676 | |
| Pensions and similar obligations | 160 | - | €1,676 | +€1,676 | |
| Amounts payable | 17/49 | €1,330,174 | €1,287,267 | -€42,908 | -3.2% |
| Amounts payable within one year | 42/48 | €1,330,174 | €1,287,267 | -€42,908 | -3.2% |
| Trade debts | 44 | €327,760 | €243,553 | -€84,207 | -25.7% |
| Suppliers | 440/4 | €327,760 | €243,553 | -€84,207 | -25.7% |
| Advances received on contracts in progress | 46 | €153,442 | €173,746 | +€20,305 | +13.2% |
| Taxes, remuneration and social security | 45 | €350,237 | €228,066 | -€122,171 | -34.9% |
| Taxes | 450/3 | €93,729 | €34,054 | -€59,675 | -63.7% |
| Remuneration and social security | 454/9 | €256,508 | €194,012 | -€62,496 | -24.4% |
| Other amounts payable | 47/48 | €498,735 | €641,901 | +€143,166 | +28.7% |
| Turnover | 70 | €4,237,274 | €3,799,136 | -€438,138 | -10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,579,990 | €1,523,684 | -€56,306 | -3.6% |
| Remuneration, social security and pensions | 62 | €2,384,570 | €2,052,756 | -€331,814 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,782 | €39,427 | -€7,355 | -15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€65,567 | -€1,882 | +€63,685 | +97.1% |
| Other operating charges | 640/8 | €14,102 | €14,540 | +€438 | +3.1% |
| Non-recurring operating charges | 66A | €546 | €425 | -€122 | -22.3% |
| Gross operating margin | 9900 | €2,530,489 | €1,955,202 | -€575,287 | -22.7% |
| Operating profit (loss) | 9901 | €150,055 | -€150,063 | -€300,118 | |
| Financial income | 75/76B | €561 | €318 | -€243 | -43.3% |
| Recurring financial income | 75 | €561 | €318 | -€243 | -43.3% |
| Financial charges | 65/66B | €76,802 | €70,012 | -€6,790 | -8.8% |
| Recurring financial charges | 65 | €76,802 | €70,012 | -€6,790 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €73,813 | -€219,757 | -€293,571 | |
| Income taxes | 67/77 | €6,651 | €5,484 | -€1,167 | -17.5% |
| Profit (loss) for the period | 9904 | €67,163 | -€225,241 | -€292,404 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,163 | -€225,241 | -€292,404 |
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 30 September 2026 via checked.be.