Studio SHAPE: 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 SHAPE
Largest movements
- Receivables within one year -€107,467
down €107,467 (-92.2%), from €116,595 to €9,128
of which Trade receivables: -€103,500
- Intangible fixed assets -€3,200
down €3,200 (-26.7%), from €11,978 to €8,778
- Deferred charges and accrued income +€1,761
new in 2026: €1,761
- Other debts -€114,465
down €114,465 (-87.7%), from €130,465 to €16,000
- Trade debts +€3,835
up €3,835 (+321.3%), from €1,194 to €5,029
- Profit (loss) carried forward +€1,624
up €1,624, from -€669 to €954
- Staff costs -€27,696
down €27,696 (-100.0%), from €27,696 to €0
- Gross operating margin -€25,145
down €25,145 (-80.4%), from €31,257 to €6,112
- Depreciation -€639
down €639 (-16.7%), from €3,839 to €3,200
- Other operating charges +€394
up €394 (+54.8%), from €718 to €1,112
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,589 | €38,662 | -€108,927 | -73.8% |
| Fixed assets | 21/28 | €29,105 | €24,442 | -€4,663 | -16.0% |
| Intangible fixed assets | 21 | €11,978 | €8,778 | -€3,200 | -26.7% |
| Tangible fixed assets | 22/27 | €17,126 | €15,663 | -€1,463 | -8.5% |
| Furniture and vehicles | 24 | €1,463 | €0 | -€1,463 | -100.0% |
| Assets under construction and advance payments | 27 | €15,663 | €15,663 | = | 0.0% |
| Current assets | 29/58 | €118,485 | €14,221 | -€104,264 | -88.0% |
| Amounts receivable within one year | 40/41 | €116,595 | €9,128 | -€107,467 | -92.2% |
| Trade receivables | 40 | €111,000 | €7,500 | -€103,500 | -93.2% |
| Other amounts receivable | 41 | €5,595 | €1,628 | -€3,967 | -70.9% |
| Cash at bank and in hand | 54/58 | €1,890 | €3,331 | +€1,442 | +76.3% |
| Deferred charges and accrued income | 490/1 | - | €1,761 | +€1,761 | |
| Total equity and liabilities | 10/49 | €147,589 | €38,662 | -€108,927 | -73.8% |
| Equity | 10/15 | €15,931 | €17,554 | +€1,624 | +10.2% |
| Contributions | 10/11 | €16,600 | €16,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€669 | €954 | +€1,624 | |
| Amounts payable | 17/49 | €131,659 | €21,108 | -€110,551 | -84.0% |
| Amounts payable within one year | 42/48 | €131,659 | €21,108 | -€110,551 | -84.0% |
| Trade debts | 44 | €1,194 | €5,029 | +€3,835 | +321.3% |
| Suppliers | 440/4 | €1,194 | €5,029 | +€3,835 | +321.3% |
| Taxes, remuneration and social security | 45 | - | €79 | +€79 | |
| Taxes | 450/3 | - | €79 | +€79 | |
| Other amounts payable | 47/48 | €130,465 | €16,000 | -€114,465 | -87.7% |
| Remuneration, social security and pensions | 62 | €27,696 | €0 | -€27,696 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,839 | €3,200 | -€639 | -16.7% |
| Other operating charges | 640/8 | €718 | €1,112 | +€394 | +54.8% |
| Gross operating margin | 9900 | €31,257 | €6,112 | -€25,145 | -80.4% |
| Operating profit (loss) | 9901 | -€997 | €1,800 | +€2,797 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €101 | €97 | -€4 | -4.3% |
| Recurring financial charges | 65 | €101 | €97 | -€4 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,098 | €1,703 | +€2,801 | |
| Income taxes | 67/77 | - | €79 | +€79 | |
| Profit (loss) for the period | 9904 | -€1,098 | €1,624 | +€2,722 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,098 | €1,624 | +€2,722 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.