STUDIO PENSACOLA: 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 PENSACOLA
Largest movements
- Cash -€8,644
down €8,644 (-66.4%), from €13,016 to €4,372
mainly Net result for the year (-€13,145) and Tax, wage and social debts (-€2,568)
- Receivables within one year -€3,486
no longer reported in 2024 (was €3,486)
of which Other amounts receivable: -€1,947
- Tangible fixed assets -€250
down €250 (-25.0%), from €1,000 to €750
- Profit (loss) carried forward -€13,145
down €13,145, from €1,162 to -€11,983
- Tax, wage and social debts -€2,568
down €2,568 (-52.6%), from €4,880 to €2,311
of which Taxes: -€2,568
- Accrued charges and deferred income +€1,457
new in 2024: €1,457
- Other debts +€1,094
up €1,094 (+238%), from €459 to €1,554
- Trade debts +€783
new in 2024: €783
- Gross operating margin -€15,780
down €15,780, from €7,830 to -€7,950
- Purchases and services -€3,036
down €3,036 (-11.6%), from €26,281 to €23,245
- Staff costs -€699
down €699 (-13.5%), from €5,164 to €4,465
- Other operating charges +€276
up €276 (+240%), from €115 to €391
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,502 | €5,122 | -€12,379 | -70.7% |
| Fixed assets | 21/28 | €1,000 | €750 | -€250 | -25.0% |
| Tangible fixed assets | 22/27 | €1,000 | €750 | -€250 | -25.0% |
| Furniture and vehicles | 24 | €1,000 | €750 | -€250 | -25.0% |
| Current assets | 29/58 | €16,502 | €4,372 | -€12,129 | -73.5% |
| Amounts receivable within one year | 40/41 | €3,486 | - | -€3,486 | |
| Trade receivables | 40 | €1,539 | - | -€1,539 | |
| Other amounts receivable | 41 | €1,947 | - | -€1,947 | |
| Cash at bank and in hand | 54/58 | €13,016 | €4,372 | -€8,644 | -66.4% |
| Total equity and liabilities | 10/49 | €17,502 | €5,122 | -€12,379 | -70.7% |
| Equity | 10/15 | €12,162 | -€983 | -€13,145 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,162 | -€11,983 | -€13,145 | |
| Amounts payable | 17/49 | €5,339 | €6,105 | +€765 | +14.3% |
| Amounts payable within one year | 42/48 | €5,339 | €4,648 | -€691 | -13.0% |
| Trade debts | 44 | - | €783 | +€783 | |
| Suppliers | 440/4 | - | €783 | +€783 | |
| Taxes, remuneration and social security | 45 | €4,880 | €2,311 | -€2,568 | -52.6% |
| Taxes | 450/3 | €3,330 | €761 | -€2,568 | -77.1% |
| Remuneration and social security | 454/9 | €1,550 | €1,550 | = | 0.0% |
| Other amounts payable | 47/48 | €459 | €1,554 | +€1,094 | +238% |
| Accrued charges and deferred income | 492/3 | - | €1,457 | +€1,457 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,281 | €23,245 | -€3,036 | -11.6% |
| Remuneration, social security and pensions | 62 | €5,164 | €4,465 | -€699 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €250 | = | 0.0% |
| Other operating charges | 640/8 | €115 | €391 | +€276 | +240% |
| Gross operating margin | 9900 | €7,830 | -€7,950 | -€15,780 | |
| Operating profit (loss) | 9901 | €2,301 | -€13,056 | -€15,357 | |
| Financial charges | 65/66B | €139 | €89 | -€49 | -35.6% |
| Recurring financial charges | 65 | €139 | €89 | -€49 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | €2,162 | -€13,145 | -€15,307 | |
| Profit (loss) for the period | 9904 | €2,162 | -€13,145 | -€15,307 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,162 | -€13,145 | -€15,307 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.