STUDIO SISSI: 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 SISSI
Largest movements
- Cash +€175,588
up €175,588 (+60.5%), from €290,375 to €465,963
mainly Net result for the year (+€208,086) and Depreciation (+€34,111)
- Receivables within one year +€41,956
up €41,956 (+154%), from €27,267 to €69,222
of which Trade receivables: +€34,947
- Tangible fixed assets -€11,195
down €11,195 (-2.7%), from €421,006 to €409,811
of which Land and buildings: -€17,814
- Reserves +€208,086
up €208,086 (+168%), from €123,787 to €331,873
- Tax, wage and social debts +€19,999
up €19,999 (+37.3%), from €53,617 to €73,616
of which Remuneration and social security: +€10,201
- Debts after one year -€16,431
down €16,431 (-6.2%), from €263,218 to €246,788
- Gross operating margin +€141,980
up €141,980 (+43.1%), from €329,095 to €471,075
- Staff costs +€52,671
up €52,671 (+56.3%), from €93,565 to €146,237
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 | €741,534 | €948,661 | +€207,127 | +27.9% |
| Fixed assets | 21/28 | €421,006 | €409,811 | -€11,195 | -2.7% |
| Tangible fixed assets | 22/27 | €421,006 | €409,811 | -€11,195 | -2.7% |
| Land and buildings | 22 | €370,777 | €352,963 | -€17,814 | -4.8% |
| Plant, machinery and equipment | 23 | €1,687 | €518 | -€1,169 | -69.3% |
| Furniture and vehicles | 24 | €48,542 | €56,330 | +€7,787 | +16.0% |
| Current assets | 29/58 | €320,528 | €538,850 | +€218,322 | +68.1% |
| Amounts receivable within one year | 40/41 | €27,267 | €69,222 | +€41,956 | +154% |
| Trade receivables | 40 | €26,186 | €61,133 | +€34,947 | +133% |
| Other amounts receivable | 41 | €1,080 | €8,090 | +€7,009 | +649% |
| Cash at bank and in hand | 54/58 | €290,375 | €465,963 | +€175,588 | +60.5% |
| Deferred charges and accrued income | 490/1 | €2,886 | €3,664 | +€778 | +26.9% |
| Total equity and liabilities | 10/49 | €741,534 | €948,661 | +€207,127 | +27.9% |
| Equity | 10/15 | €228,907 | €436,993 | +€208,086 | +90.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €123,787 | €331,873 | +€208,086 | +168% |
| Distributable reserves | 133 | €123,787 | €331,873 | +€208,086 | +168% |
| Profit (loss) carried forward | 14 | €103,121 | €103,121 | = | 0.0% |
| Amounts payable | 17/49 | €512,627 | €511,667 | -€959 | -0.2% |
| Amounts payable after more than one year | 17 | €263,218 | €246,788 | -€16,431 | -6.2% |
| Financial debts | 170/4 | €263,218 | €246,788 | -€16,431 | -6.2% |
| Amounts payable within one year | 42/48 | €247,143 | €262,615 | +€15,471 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €15,756 | €16,431 | +€674 | +4.3% |
| Financial debts | 43 | €641 | €1,382 | +€741 | +116% |
| Credit institutions | 430/8 | €641 | €1,382 | +€741 | +116% |
| Trade debts | 44 | €24,696 | €16,869 | -€7,827 | -31.7% |
| Suppliers | 440/4 | €24,696 | €16,869 | -€7,827 | -31.7% |
| Taxes, remuneration and social security | 45 | €53,617 | €73,616 | +€19,999 | +37.3% |
| Taxes | 450/3 | €44,638 | €54,435 | +€9,798 | +21.9% |
| Remuneration and social security | 454/9 | €8,979 | €19,180 | +€10,201 | +114% |
| Other amounts payable | 47/48 | €152,433 | €154,318 | +€1,885 | +1.2% |
| Accrued charges and deferred income | 492/3 | €2,265 | €2,265 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €93,565 | €146,237 | +€52,671 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,307 | €34,111 | +€3,804 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €570 | +€570 | |
| Other operating charges | 640/8 | €2,508 | €2,820 | +€312 | +12.4% |
| Gross operating margin | 9900 | €329,095 | €471,075 | +€141,980 | +43.1% |
| Operating profit (loss) | 9901 | €202,715 | €287,337 | +€84,622 | +41.7% |
| Financial income | 75/76B | €95 | €1,386 | +€1,291 | +1,363% |
| Recurring financial income | 75 | €95 | €1,386 | +€1,291 | +1,363% |
| Financial charges | 65/66B | €16,619 | €13,705 | -€2,914 | -17.5% |
| Recurring financial charges | 65 | €16,619 | €13,705 | -€2,914 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €186,191 | €275,018 | +€88,827 | +47.7% |
| Income taxes | 67/77 | €62,404 | €66,932 | +€4,528 | +7.3% |
| Profit (loss) for the period | 9904 | €123,787 | €208,086 | +€84,299 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €123,787 | €208,086 | +€84,299 | +68.1% |
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 19 October 2026 via checked.be.