studio – paus: 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 – paus
Largest movements
- Stocks and contracts +€32,857
up €32,857 (+38.6%), from €85,218 to €118,076
- Receivables within one year +€13,823
up €13,823 (+13,162%), from €105 to €13,928
of which Trade receivables: +€10,598
- Cash +€11,232
up €11,232 (+49.4%), from €22,733 to €33,965
mainly Other debts (+€43,154) and Accrued charges and deferred income (+€33,694)
- Tangible fixed assets -€9,529
down €9,529 (-56.7%), from €16,797 to €7,268
of which Furniture and vehicles: -€6,111
- Other debts +€43,154
up €43,154 (+661%), from €6,529 to €49,683
- Accrued charges and deferred income +€33,694
up €33,694 (+448%), from €7,523 to €41,217
- Profit (loss) carried forward -€14,489
down €14,489 (-50.0%), from €28,988 to €14,500
- Trade debts -€9,749
no longer reported in 2025 (was €9,749)
- Tax, wage and social debts -€5,110
down €5,110 (-17.5%), from €29,182 to €24,072
of which Taxes: -€3,739
- Gross operating margin +€22,935
up €22,935 (+30.3%), from €75,754 to €98,689
- Staff costs +€20,931
up €20,931 (+81.0%), from €25,856 to €46,787
- Other operating charges +€3,356
up €3,356 (+368%), from €911 to €4,267
- Depreciation -€1,408
down €1,408 (-12.0%), from €11,712 to €10,304
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 | €133,383 | €181,511 | +€48,129 | +36.1% |
| Fixed assets | 21/28 | €25,326 | €15,022 | -€10,304 | -40.7% |
| Intangible fixed assets | 21 | €1,329 | €554 | -€775 | -58.3% |
| Tangible fixed assets | 22/27 | €16,797 | €7,268 | -€9,529 | -56.7% |
| Plant, machinery and equipment | 23 | €4,063 | €645 | -€3,418 | -84.1% |
| Furniture and vehicles | 24 | €12,734 | €6,623 | -€6,111 | -48.0% |
| Financial fixed assets | 28 | €7,200 | €7,200 | = | 0.0% |
| Current assets | 29/58 | €108,057 | €166,489 | +€58,432 | +54.1% |
| Stocks and contracts in progress | 3 | €85,218 | €118,076 | +€32,857 | +38.6% |
| Stocks | 30/36 | €85,218 | €118,076 | +€32,857 | +38.6% |
| Amounts receivable within one year | 40/41 | €105 | €13,928 | +€13,823 | +13,162% |
| Trade receivables | 40 | €80 | €10,678 | +€10,598 | +13,306% |
| Other amounts receivable | 41 | €25 | €3,250 | +€3,225 | +12,710% |
| Cash at bank and in hand | 54/58 | €22,733 | €33,965 | +€11,232 | +49.4% |
| Deferred charges and accrued income | 490/1 | - | €520 | +€520 | |
| Total equity and liabilities | 10/49 | €133,383 | €181,511 | +€48,129 | +36.1% |
| Equity | 10/15 | €31,988 | €17,500 | -€14,489 | -45.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,988 | €14,500 | -€14,489 | -50.0% |
| Amounts payable | 17/49 | €101,395 | €164,012 | +€62,617 | +61.8% |
| Amounts payable after more than one year | 17 | €45,000 | €45,000 | = | 0.0% |
| Financial debts | 170/4 | €45,000 | €45,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,872 | €77,795 | +€28,924 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €3,412 | - | -€3,412 | |
| Financial debts | 43 | - | €4,040 | +€4,040 | |
| Credit institutions | 430/8 | - | €4,040 | +€4,040 | |
| Trade debts | 44 | €9,749 | - | -€9,749 | |
| Suppliers | 440/4 | €9,749 | - | -€9,749 | |
| Taxes, remuneration and social security | 45 | €29,182 | €24,072 | -€5,110 | -17.5% |
| Taxes | 450/3 | €22,435 | €18,696 | -€3,739 | -16.7% |
| Remuneration and social security | 454/9 | €6,747 | €5,376 | -€1,371 | -20.3% |
| Other amounts payable | 47/48 | €6,529 | €49,683 | +€43,154 | +661% |
| Accrued charges and deferred income | 492/3 | €7,523 | €41,217 | +€33,694 | +448% |
| Remuneration, social security and pensions | 62 | €25,856 | €46,787 | +€20,931 | +81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,712 | €10,304 | -€1,408 | -12.0% |
| Other operating charges | 640/8 | €911 | €4,267 | +€3,356 | +368% |
| Gross operating margin | 9900 | €75,754 | €98,689 | +€22,935 | +30.3% |
| Operating profit (loss) | 9901 | €37,275 | €37,330 | +€55 | +0.1% |
| Financial income | 75/76B | - | €118 | +€118 | |
| Recurring financial income | 75 | - | €118 | +€118 | |
| Financial charges | 65/66B | €956 | €1,221 | +€265 | +27.7% |
| Recurring financial charges | 65 | €956 | €1,221 | +€265 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €36,319 | €36,227 | -€92 | -0.3% |
| Income taxes | 67/77 | €9,172 | €8,715 | -€456 | -5.0% |
| Profit (loss) for the period | 9904 | €27,147 | €27,511 | +€364 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,147 | €27,511 | +€364 | +1.3% |
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 14 October 2026 via checked.be.