Zeuxis - Studio: 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.
Zeuxis - Studio
Largest movements
- Tangible fixed assets -€15,442
down €15,442 (-12.0%), from €128,901 to €113,459
- Cash +€8,569
up €8,569 (+55.8%), from €15,348 to €23,917
mainly Depreciation (+€22,981) and Receivables within one year (+€1,802)
- Receivables within one year -€1,802
no longer reported in 2025 (was €1,802)
- Profit (loss) carried forward -€8,348
down €8,348 (-88.4%), from -€9,441 to -€17,789
- Gross operating margin -€7,849
down €7,849 (-28.9%), from €27,159 to €19,310
- Depreciation +€511
up €511 (+2.3%), from €22,470 to €22,981
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 | €146,050 | €137,375 | -€8,675 | -5.9% |
| Fixed assets | 21/28 | €128,901 | €113,459 | -€15,442 | -12.0% |
| Tangible fixed assets | 22/27 | €128,901 | €113,459 | -€15,442 | -12.0% |
| Land and buildings | 22 | €128,901 | €113,459 | -€15,442 | -12.0% |
| Current assets | 29/58 | €17,149 | €23,917 | +€6,767 | +39.5% |
| Amounts receivable within one year | 40/41 | €1,802 | - | -€1,802 | |
| Other amounts receivable | 41 | €1,802 | - | -€1,802 | |
| Cash at bank and in hand | 54/58 | €15,348 | €23,917 | +€8,569 | +55.8% |
| Total equity and liabilities | 10/49 | €146,050 | €137,375 | -€8,675 | -5.9% |
| Equity | 10/15 | €142,791 | €134,443 | -€8,348 | -5.8% |
| Contributions | 10/11 | €141,232 | €141,232 | = | 0.0% |
| Capital | 10 | €141,051 | €141,051 | = | 0.0% |
| Issued capital | 100 | €141,051 | €141,051 | = | 0.0% |
| Contributions outside capital | 11 | €181 | €181 | = | 0.0% |
| Share premium | 1100/10 | €181 | €181 | = | 0.0% |
| Reserves | 13 | €11,000 | €11,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,000 | €11,000 | = | 0.0% |
| Legal reserve | 130 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,441 | -€17,789 | -€8,348 | -88.4% |
| Amounts payable | 17/49 | €3,259 | €2,932 | -€327 | -10.0% |
| Amounts payable within one year | 42/48 | €3,259 | €2,932 | -€327 | -10.0% |
| Trade debts | 44 | €2,904 | €2,932 | +€28 | +1.0% |
| Suppliers | 440/4 | - | €28 | +€28 | |
| Bills of exchange payable | 441 | €2,904 | €2,904 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €355 | - | -€355 | |
| Taxes | 450/3 | €355 | - | -€355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,470 | €22,981 | +€511 | +2.3% |
| Other operating charges | 640/8 | €4,113 | €4,242 | +€129 | +3.1% |
| Gross operating margin | 9900 | €27,159 | €19,310 | -€7,849 | -28.9% |
| Operating profit (loss) | 9901 | €575 | -€7,914 | -€8,489 | |
| Financial income | 75/76B | €1 | €11 | +€11 | +1942.9% |
| Recurring financial income | 75 | €1 | €11 | +€11 | +1942.9% |
| Financial charges | 65/66B | €614 | €445 | -€168 | -27.4% |
| Recurring financial charges | 65 | €614 | €445 | -€168 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | -€38 | -€8,348 | -€8,310 | -22065.9% |
| Income taxes | 67/77 | €21 | - | -€21 | |
| Profit (loss) for the period | 9904 | -€58 | -€8,348 | -€8,289 | -14243.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€58 | -€8,348 | -€8,289 | -14243.1% |
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 12 October 2026 via checked.be.