STUDIO PINATA: 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 PINATA
Largest movements
- Cash -€33,721
down €33,721 (-67.9%), from €49,656 to €15,935
mainly Net result for the year (-€15,695) and Tax, wage and social debts (-€10,892)
- Receivables within one year -€10,225
down €10,225 (-17.4%), from €58,858 to €48,632
of which Trade receivables: -€12,051
- Tangible fixed assets +€5,314
up €5,314 (+64.6%), from €8,225 to €13,539
of which Plant, machinery and equipment: +€4,047
- Profit (loss) carried forward -€15,695
new in 2025: -€15,695
- Tax, wage and social debts -€10,892
down €10,892 (-25.5%), from €42,759 to €31,867
of which Taxes: -€20,352
- Trade debts -€9,952
down €9,952 (-58.6%), from €16,996 to €7,044
- Other debts -€2,444
down €2,444 (-100%), from €2,444 to €0
- Staff costs +€67,345
up €67,345 (+91.3%), from €73,796 to €141,141
- Taxes -€15,623
down €15,623 (-98.3%), from €15,895 to €271
- Depreciation +€3,677
up €3,677 (+536%), from €687 to €4,364
- Financial charges +€2,345
up €2,345 (+666%), from €352 to €2,697
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 | €116,821 | €78,275 | -€38,546 | -33.0% |
| Fixed assets | 21/28 | €8,225 | €13,539 | +€5,314 | +64.6% |
| Tangible fixed assets | 22/27 | €8,225 | €13,539 | +€5,314 | +64.6% |
| Plant, machinery and equipment | 23 | €2,629 | €6,676 | +€4,047 | +154% |
| Furniture and vehicles | 24 | €5,596 | €6,863 | +€1,267 | +22.6% |
| Current assets | 29/58 | €108,596 | €64,736 | -€43,859 | -40.4% |
| Amounts receivable within one year | 40/41 | €58,858 | €48,632 | -€10,225 | -17.4% |
| Trade receivables | 40 | €58,799 | €46,748 | -€12,051 | -20.5% |
| Other amounts receivable | 41 | €59 | €1,884 | +€1,825 | +3,090% |
| Cash at bank and in hand | 54/58 | €49,656 | €15,935 | -€33,721 | -67.9% |
| Deferred charges and accrued income | 490/1 | €82 | €169 | +€87 | +106% |
| Total equity and liabilities | 10/49 | €116,821 | €78,275 | -€38,546 | -33.0% |
| Equity | 10/15 | €53,696 | €38,001 | -€15,695 | -29.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €50,696 | €50,696 | = | 0.0% |
| Distributable reserves | 133 | €50,696 | €50,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,695 | -€15,695 | |
| Amounts payable | 17/49 | €63,125 | €40,274 | -€22,851 | -36.2% |
| Amounts payable within one year | 42/48 | €63,125 | €40,274 | -€22,851 | -36.2% |
| Financial debts | 43 | €926 | €1,363 | +€437 | +47.2% |
| Credit institutions | 430/8 | €926 | €1,363 | +€437 | +47.2% |
| Trade debts | 44 | €16,996 | €7,044 | -€9,952 | -58.6% |
| Suppliers | 440/4 | €16,996 | €7,044 | -€9,952 | -58.6% |
| Taxes, remuneration and social security | 45 | €42,759 | €31,867 | -€10,892 | -25.5% |
| Taxes | 450/3 | €30,469 | €10,117 | -€20,352 | -66.8% |
| Remuneration and social security | 454/9 | €12,290 | €21,750 | +€9,460 | +77.0% |
| Other amounts payable | 47/48 | €2,444 | €0 | -€2,444 | -100% |
| Remuneration, social security and pensions | 62 | €73,796 | €141,141 | +€67,345 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €687 | €4,364 | +€3,677 | +536% |
| Other operating charges | 640/8 | €912 | €1,131 | +€219 | +24.0% |
| Gross operating margin | 9900 | €134,345 | €133,884 | -€462 | -0.3% |
| Operating profit (loss) | 9901 | €58,951 | -€12,752 | -€71,702 | |
| Financial income | 75/76B | €95 | €25 | -€70 | -73.9% |
| Recurring financial income | 75 | €95 | €25 | -€70 | -73.9% |
| Financial charges | 65/66B | €352 | €2,697 | +€2,345 | +666% |
| Recurring financial charges | 65 | €352 | €2,697 | +€2,345 | +666% |
| Profit (loss) for the period before taxes | 9903 | €58,693 | -€15,424 | -€74,117 | |
| Income taxes | 67/77 | €15,895 | €271 | -€15,623 | -98.3% |
| Profit (loss) for the period | 9904 | €42,798 | -€15,695 | -€58,494 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,798 | -€15,695 | -€58,494 |
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 16 October 2026 via checked.be.