STUDIO PASCAL LEBRUN: 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 PASCAL LEBRUN
Largest movements
- Deferred charges and accrued income -€1,470
no longer reported in 2025 (was €1,470)
- Trade debts +€1,864
up €1,864 (+149.1%), from €1,250 to €3,113
- Profit (loss) carried forward -€1,850
down €1,850 (-69.2%), from -€2,671 to -€4,521
- Gross operating margin -€1,353
down €1,353 (-93.3%), from -€1,450 to -€2,804
- Financial income -€90
down €90 (-6.4%), from €1,399 to €1,309
- Financial charges -€30
down €30 (-22.6%), from €131 to €102
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 | €135,162 | €135,169 | +€7 | 0.0% |
| Current assets | 29/58 | €135,162 | €135,169 | +€7 | 0.0% |
| Amounts receivable within one year | 40/41 | €133,692 | €134,685 | +€993 | +0.7% |
| Trade receivables | 40 | €1,399 | €1,990 | +€591 | +42.2% |
| Other amounts receivable | 41 | €132,293 | €132,695 | +€402 | +0.3% |
| Cash at bank and in hand | 54/58 | - | €484 | +€484 | |
| Deferred charges and accrued income | 490/1 | €1,470 | - | -€1,470 | |
| Total equity and liabilities | 10/49 | €135,162 | €135,169 | +€7 | 0.0% |
| Equity | 10/15 | €99,776 | €97,927 | -€1,850 | -1.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €40,947 | €40,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €34,797 | €34,797 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,671 | -€4,521 | -€1,850 | -69.2% |
| Amounts payable | 17/49 | €35,386 | €37,242 | +€1,856 | +5.2% |
| Amounts payable within one year | 42/48 | €35,386 | €37,242 | +€1,856 | +5.2% |
| Financial debts | 43 | €7 | - | -€7 | |
| Credit institutions | 430/8 | €7 | - | -€7 | |
| Trade debts | 44 | €1,250 | €3,113 | +€1,864 | +149.1% |
| Suppliers | 440/4 | €1,250 | €3,113 | +€1,864 | +149.1% |
| Other amounts payable | 47/48 | €34,129 | €34,129 | = | 0.0% |
| Other operating charges | 640/8 | €251 | €253 | +€2 | +0.8% |
| Gross operating margin | 9900 | -€1,450 | -€2,804 | -€1,353 | -93.3% |
| Operating profit (loss) | 9901 | -€1,701 | -€3,057 | -€1,355 | -79.6% |
| Financial income | 75/76B | €1,399 | €1,309 | -€90 | -6.4% |
| Recurring financial income | 75 | €1,399 | €1,309 | -€90 | -6.4% |
| Financial charges | 65/66B | €131 | €102 | -€30 | -22.6% |
| Recurring financial charges | 65 | €131 | €102 | -€30 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€434 | -€1,850 | -€1,416 | -326.1% |
| Profit (loss) for the period | 9904 | -€434 | -€1,850 | -€1,416 | -326.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€434 | -€1,850 | -€1,416 | -326.1% |
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 2 October 2026 via checked.be.