STUDIO PI & PI: 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 PI & PI
Largest movements
- Receivables within one year -€156
down €156 (-100%), from €156 to €0
- Other debts +€2,563
up €2,563 (+7.0%), from €36,513 to €39,076
- Profit (loss) carried forward -€2,238
down €2,238 (-3.6%), from -€61,996 to -€64,234
- Short-term financial debts -€481
down €481 (-9.6%), from €4,999 to €4,518
- Gross operating margin -€619
down €619 (-83.4%), from -€743 to -€1,362
- Other operating charges +€574
up €574, from €0 to €574
- Financial charges -€284
down €284 (-48.5%), from €586 to €302
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156 | €0 | -€156 | -100% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €156 | €0 | -€156 | -100% |
| Amounts receivable within one year | 40/41 | €156 | €0 | -€156 | -100% |
| Other amounts receivable | 41 | €156 | €0 | -€156 | -100% |
| Total equity and liabilities | 10/49 | €156 | €0 | -€156 | -100% |
| Equity | 10/15 | -€41,545 | -€43,783 | -€2,238 | -5.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,996 | -€64,234 | -€2,238 | -3.6% |
| Amounts payable | 17/49 | €41,701 | €43,783 | +€2,082 | +5.0% |
| Amounts payable within one year | 42/48 | €41,701 | €43,783 | +€2,082 | +5.0% |
| Financial debts | 43 | €4,999 | €4,518 | -€481 | -9.6% |
| Credit institutions | 430/8 | €4,999 | €4,518 | -€481 | -9.6% |
| Taxes, remuneration and social security | 45 | €189 | €189 | = | 0.0% |
| Taxes | 450/3 | €189 | €189 | = | 0.0% |
| Other amounts payable | 47/48 | €36,513 | €39,076 | +€2,563 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €0 | €574 | +€574 | |
| Gross operating margin | 9900 | -€743 | -€1,362 | -€619 | -83.4% |
| Operating profit (loss) | 9901 | -€743 | -€1,936 | -€1,194 | -161% |
| Financial charges | 65/66B | €586 | €302 | -€284 | -48.5% |
| Recurring financial charges | 65 | €586 | €302 | -€284 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,329 | -€2,238 | -€909 | -68.4% |
| Profit (loss) for the period | 9904 | -€1,329 | -€2,238 | -€909 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,329 | -€2,238 | -€909 | -68.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.