STUDIO PAPEGAAI: 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 PAPEGAAI
Largest movements
- Receivables within one year -€16,730
down €16,730 (-90.9%), from €18,394 to €1,665
of which Trade receivables: -€9,565
- Cash -€9,766
down €9,766 (-41.7%), from €23,433 to €13,666
mainly Net result for the year (-€16,831) and Deferred charges and accrued income (-€5,829)
- Deferred charges and accrued income +€5,829
new in 2025: €5,829
- Profit (loss) carried forward -€16,831
down €16,831 (-46.4%), from €36,290 to €19,459
- Tax, wage and social debts -€5,095
no longer reported in 2025 (was €5,095)
- Other debts +€1,956
new in 2025: €1,956
- Trade debts -€697
down €697 (-7.2%), from €9,662 to €8,965
- Gross operating margin -€42,236
down €42,236, from €25,413 to -€16,822
- Financial income -€618
down €618 (-99.2%), from €623 to €5
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 | €51,167 | €30,500 | -€20,667 | -40.4% |
| Fixed assets | 21/28 | €1,586 | €1,586 | = | 0.0% |
| Financial fixed assets | 28 | €1,586 | €1,586 | = | 0.0% |
| Current assets | 29/58 | €49,581 | €28,914 | -€20,667 | -41.7% |
| Stocks and contracts in progress | 3 | €7,754 | €7,754 | = | 0.0% |
| Stocks | 30/36 | €7,754 | €7,754 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,394 | €1,665 | -€16,730 | -90.9% |
| Trade receivables | 40 | €11,230 | €1,665 | -€9,565 | -85.2% |
| Other amounts receivable | 41 | €7,164 | - | -€7,164 | |
| Cash at bank and in hand | 54/58 | €23,433 | €13,666 | -€9,766 | -41.7% |
| Deferred charges and accrued income | 490/1 | - | €5,829 | +€5,829 | |
| Total equity and liabilities | 10/49 | €51,167 | €30,500 | -€20,667 | -40.4% |
| Equity | 10/15 | €36,410 | €19,579 | -€16,831 | -46.2% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Contributions outside capital | 11 | €120 | €120 | = | 0.0% |
| Other | 1109/19 | €120 | €120 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,290 | €19,459 | -€16,831 | -46.4% |
| Amounts payable | 17/49 | €14,757 | €10,921 | -€3,836 | -26.0% |
| Amounts payable within one year | 42/48 | €14,757 | €10,921 | -€3,836 | -26.0% |
| Trade debts | 44 | €9,662 | €8,965 | -€697 | -7.2% |
| Suppliers | 440/4 | €9,662 | €8,965 | -€697 | -7.2% |
| Taxes, remuneration and social security | 45 | €5,095 | - | -€5,095 | |
| Taxes | 450/3 | €5,095 | - | -€5,095 | |
| Other amounts payable | 47/48 | - | €1,956 | +€1,956 | |
| Remuneration, social security and pensions | 62 | - | -€100 | -€100 | |
| Other operating charges | 640/8 | €219 | - | -€219 | |
| Gross operating margin | 9900 | €25,413 | -€16,822 | -€42,236 | |
| Operating profit (loss) | 9901 | €25,195 | -€16,722 | -€41,917 | |
| Financial income | 75/76B | €623 | €5 | -€618 | -99.2% |
| Recurring financial income | 75 | €623 | €5 | -€618 | -99.2% |
| Financial charges | 65/66B | €185 | €113 | -€72 | -38.7% |
| Recurring financial charges | 65 | €185 | €113 | -€72 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €25,633 | -€16,831 | -€42,464 | |
| Profit (loss) for the period | 9904 | €25,633 | -€16,831 | -€42,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,633 | -€16,831 | -€42,464 |
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 25 October 2026 via checked.be.