Studio Naletto: what changed
Studio Naletto
Largest movements
- Receivables within one year -€9,400
down €9,400 (-25.6%), from €36,709 to €27,309
of which Trade receivables: -€11,473
- Tangible fixed assets -€5,546
down €5,546 (-3.4%), from €165,263 to €159,717
of which Land and buildings: -€10,783
- Other debts +€56,325
up €56,325 (+88.6%), from €63,553 to €119,878
- Profit (loss) carried forward -€34,235
down €34,235 (-36.6%), from -€93,629 to -€127,864
- Advances received -€18,114
down €18,114 (-100%), from €18,114 to €0
- Debts after one year -€8,178
down €8,178 (-9.3%), from €87,698 to €79,521
- Trade debts -€6,484
down €6,484 (-70.5%), from €9,198 to €2,714
- Gross operating margin -€31,589
down €31,589, from €17,741 to -€13,848
- Other operating charges +€4,669
up €4,669 (+600%), from €778 to €5,447
- Financial charges -€452
down €452 (-21.2%), from €2,133 to €1,680
- Depreciation +€433
up €433 (+3.4%), from €12,827 to €13,260
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 | €204,975 | €189,829 | -€15,145 | -7.4% |
| Fixed assets | 21/28 | €165,263 | €159,717 | -€5,546 | -3.4% |
| Tangible fixed assets | 22/27 | €165,263 | €159,717 | -€5,546 | -3.4% |
| Land and buildings | 22 | €150,963 | €140,180 | -€10,783 | -7.1% |
| Plant, machinery and equipment | 23 | €13,744 | €19,421 | +€5,678 | +41.3% |
| Furniture and vehicles | 24 | €556 | €116 | -€440 | -79.2% |
| Current assets | 29/58 | €39,712 | €30,112 | -€9,600 | -24.2% |
| Amounts receivable within one year | 40/41 | €36,709 | €27,309 | -€9,400 | -25.6% |
| Trade receivables | 40 | €36,139 | €24,666 | -€11,473 | -31.7% |
| Other amounts receivable | 41 | €570 | €2,643 | +€2,072 | +363% |
| Cash at bank and in hand | 54/58 | €3,003 | €2,803 | -€200 | -6.6% |
| Total equity and liabilities | 10/49 | €204,975 | €189,829 | -€15,145 | -7.4% |
| Equity | 10/15 | €13,773 | -€20,462 | -€34,235 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,802 | €88,802 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,662 | €3,662 | = | 0.0% |
| Distributable reserves | 133 | €85,140 | €85,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,629 | -€127,864 | -€34,235 | -36.6% |
| Amounts payable | 17/49 | €191,202 | €210,291 | +€19,089 | +10.0% |
| Amounts payable after more than one year | 17 | €87,698 | €79,521 | -€8,178 | -9.3% |
| Financial debts | 170/4 | €87,698 | €79,521 | -€8,178 | -9.3% |
| Amounts payable within one year | 42/48 | €103,504 | €130,770 | +€27,267 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €8,070 | €8,178 | +€108 | +1.3% |
| Trade debts | 44 | €9,198 | €2,714 | -€6,484 | -70.5% |
| Suppliers | 440/4 | €9,198 | €2,714 | -€6,484 | -70.5% |
| Advances received on contracts in progress | 46 | €18,114 | €0 | -€18,114 | -100% |
| Taxes, remuneration and social security | 45 | €4,569 | €0 | -€4,569 | -100% |
| Taxes | 450/3 | €4,569 | €0 | -€4,569 | -100% |
| Other amounts payable | 47/48 | €63,553 | €119,878 | +€56,325 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,827 | €13,260 | +€433 | +3.4% |
| Other operating charges | 640/8 | €778 | €5,447 | +€4,669 | +600% |
| Gross operating margin | 9900 | €17,741 | -€13,848 | -€31,589 | |
| Operating profit (loss) | 9901 | €4,137 | -€32,554 | -€36,691 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €2,133 | €1,680 | -€452 | -21.2% |
| Recurring financial charges | 65 | €2,133 | €1,680 | -€452 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €2,006 | -€34,235 | -€36,241 | |
| Profit (loss) for the period | 9904 | €2,006 | -€34,235 | -€36,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,006 | -€34,235 | -€36,241 |
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 4 November 2026 via checked.be.