Studio Roberto: 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 Roberto
Largest movements
- Cash +€29,301
up €29,301 (+67.2%), from €43,583 to €72,884
mainly Net result for the year (+€32,284) and Receivables within one year (+€5,075)
- Current investments +€14,769
up €14,769 (+99.7%), from €14,819 to €29,587
- Receivables within one year -€5,075
down €5,075 (-43.2%), from €11,758 to €6,682
of which Other amounts receivable: -€3,101
- Tangible fixed assets -€2,241
down €2,241 (-26.3%), from €8,520 to €6,279
of which Furniture and vehicles: -€1,879
- Deferred charges and accrued income +€2,127
up €2,127 (+61.8%), from €3,440 to €5,567
- Profit (loss) carried forward +€32,284
up €32,284 (+47.7%), from €67,631 to €99,915
- Trade debts +€3,826
up €3,826 (+391.7%), from €977 to €4,802
- Tax, wage and social debts +€2,075
up €2,075 (+28.9%), from €7,168 to €9,242
- Gross operating margin +€1,725
up €1,725 (+3.9%), from €43,797 to €45,522
- Depreciation +€943
up €943 (+72.7%), from €1,298 to €2,241
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 | €82,119 | €120,999 | +€38,880 | +47.3% |
| Fixed assets | 21/28 | €8,520 | €6,279 | -€2,241 | -26.3% |
| Tangible fixed assets | 22/27 | €8,520 | €6,279 | -€2,241 | -26.3% |
| Plant, machinery and equipment | 23 | €1,413 | €1,097 | -€316 | -22.4% |
| Furniture and vehicles | 24 | €6,720 | €4,842 | -€1,879 | -28.0% |
| Other tangible fixed assets | 26 | €387 | €341 | -€46 | -11.9% |
| Current assets | 29/58 | €73,599 | €114,720 | +€41,121 | +55.9% |
| Amounts receivable within one year | 40/41 | €11,758 | €6,682 | -€5,075 | -43.2% |
| Trade receivables | 40 | €1,975 | - | -€1,975 | |
| Other amounts receivable | 41 | €9,783 | €6,682 | -€3,101 | -31.7% |
| Current investments | 50/53 | €14,819 | €29,587 | +€14,769 | +99.7% |
| Cash at bank and in hand | 54/58 | €43,583 | €72,884 | +€29,301 | +67.2% |
| Deferred charges and accrued income | 490/1 | €3,440 | €5,567 | +€2,127 | +61.8% |
| Total equity and liabilities | 10/49 | €82,119 | €120,999 | +€38,880 | +47.3% |
| Equity | 10/15 | €73,631 | €105,915 | +€32,284 | +43.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,631 | €99,915 | +€32,284 | +47.7% |
| Amounts payable | 17/49 | €8,489 | €15,085 | +€6,596 | +77.7% |
| Amounts payable within one year | 42/48 | €8,145 | €14,045 | +€5,900 | +72.4% |
| Trade debts | 44 | €977 | €4,802 | +€3,826 | +391.7% |
| Suppliers | 440/4 | €977 | €4,802 | +€3,826 | +391.7% |
| Taxes, remuneration and social security | 45 | €7,168 | €9,242 | +€2,075 | +28.9% |
| Taxes | 450/3 | €7,168 | €9,242 | +€2,075 | +28.9% |
| Accrued charges and deferred income | 492/3 | €344 | €1,040 | +€696 | +202.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,298 | €2,241 | +€943 | +72.7% |
| Other operating charges | 640/8 | €892 | €816 | -€76 | -8.5% |
| Gross operating margin | 9900 | €43,797 | €45,522 | +€1,725 | +3.9% |
| Operating profit (loss) | 9901 | €41,607 | €42,465 | +€858 | +2.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,139 | €939 | -€200 | -17.5% |
| Recurring financial charges | 65 | €1,139 | €939 | -€200 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €40,468 | €41,526 | +€1,058 | +2.6% |
| Income taxes | 67/77 | €8,968 | €9,242 | +€274 | +3.1% |
| Profit (loss) for the period | 9904 | €31,500 | €32,284 | +€784 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,500 | €32,284 | +€784 | +2.5% |
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 7 October 2026 via checked.be.