Studio Wasabi: 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 Wasabi
Largest movements
- Receivables after one year +€14,000
up €14,000 (+46.7%), from €30,000 to €44,000
of which Trade receivables: +€44,000
- Cash +€8,562
up €8,562 (+83.1%), from €10,308 to €18,870
- Receivables within one year -€2,780
down €2,780 (-19.0%), from €14,660 to €11,880
of which Trade receivables: -€6,201
- Tangible fixed assets -€1,332
down €1,332 (-24.0%), from €5,543 to €4,211
of which Plant, machinery and equipment: -€995
- Reserves +€14,344
up €14,344 (+27.1%), from €52,961 to €67,305
- Trade debts +€2,216
up €2,216 (+209%), from €1,058 to €3,274
- Tax, wage and social debts +€1,963
up €1,963 (+106%), from €1,848 to €3,810
- Gross operating margin +€10,959
up €10,959, from -€939 to €10,020
- Taxes +€2,825
up €2,825 (+2,148%), from €132 to €2,957
- Financial charges -€2,785
down €2,785 (-91.3%), from €3,050 to €265
of which Non-recurring financial charges: -€2,543
- Financial income +€2,047
up €2,047 (+14,727%), from €14 to €2,061
- Other operating charges +€241
up €241 (+55.7%), from €432 to €673
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,331 | €80,843 | +€18,512 | +29.7% |
| Fixed assets | 21/28 | €6,293 | €4,961 | -€1,332 | -21.2% |
| Tangible fixed assets | 22/27 | €5,543 | €4,211 | -€1,332 | -24.0% |
| Plant, machinery and equipment | 23 | €4,197 | €3,203 | -€995 | -23.7% |
| Furniture and vehicles | 24 | €1,345 | €1,008 | -€337 | -25.1% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €56,038 | €75,882 | +€19,844 | +35.4% |
| Amounts receivable after more than one year | 29 | €30,000 | €44,000 | +€14,000 | +46.7% |
| Trade receivables | 290 | - | €44,000 | +€44,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €14,660 | €11,880 | -€2,780 | -19.0% |
| Trade receivables | 40 | €14,618 | €8,418 | -€6,201 | -42.4% |
| Other amounts receivable | 41 | €42 | €3,463 | +€3,421 | +8,228% |
| Cash at bank and in hand | 54/58 | €10,308 | €18,870 | +€8,562 | +83.1% |
| Deferred charges and accrued income | 490/1 | €1,070 | €1,131 | +€61 | +5.7% |
| Total equity and liabilities | 10/49 | €62,331 | €80,843 | +€18,512 | +29.7% |
| Equity | 10/15 | €58,919 | €73,264 | +€14,344 | +24.3% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €52,961 | €67,305 | +€14,344 | +27.1% |
| Distributable reserves | 133 | €52,961 | €67,305 | +€14,344 | +27.1% |
| Profit (loss) carried forward | 14 | -€7,042 | -€7,042 | = | 0.0% |
| Amounts payable | 17/49 | €3,412 | €7,579 | +€4,168 | +122% |
| Amounts payable within one year | 42/48 | €3,412 | €7,515 | +€4,104 | +120% |
| Financial debts | 43 | - | €431 | +€431 | |
| Credit institutions | 430/8 | - | €431 | +€431 | |
| Trade debts | 44 | €1,058 | €3,274 | +€2,216 | +209% |
| Suppliers | 440/4 | €1,058 | €3,274 | +€2,216 | +209% |
| Taxes, remuneration and social security | 45 | €1,848 | €3,810 | +€1,963 | +106% |
| Taxes | 450/3 | €1,848 | €3,810 | +€1,963 | +106% |
| Other amounts payable | 47/48 | €505 | - | -€505 | |
| Accrued charges and deferred income | 492/3 | - | €64 | +€64 | |
| Non-recurring operating income | 76A | - | €481 | +€481 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,176 | €2,410 | +€234 | +10.8% |
| Other operating charges | 640/8 | €432 | €673 | +€241 | +55.7% |
| Gross operating margin | 9900 | -€939 | €10,020 | +€10,959 | |
| Operating profit (loss) | 9901 | -€3,547 | €6,937 | +€10,484 | |
| Financial income | 75/76B | €14 | €2,061 | +€2,047 | +14,727% |
| Recurring financial income | 75 | €14 | €2,061 | +€2,047 | +14,727% |
| Financial charges | 65/66B | €3,050 | €265 | -€2,785 | -91.3% |
| Recurring financial charges | 65 | €507 | €265 | -€242 | -47.7% |
| Non-recurring financial charges | 66B | €2,543 | - | -€2,543 | |
| Profit (loss) for the period before taxes | 9903 | -€6,583 | €8,733 | +€15,316 | |
| Income taxes | 67/77 | €132 | €2,957 | +€2,825 | +2,148% |
| Profit (loss) for the period | 9904 | -€6,715 | €5,776 | +€12,490 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,715 | €5,776 | +€12,490 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.