Dr. D. Stylemans: 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.
Dr. D. Stylemans
Largest movements
- Cash +€288,686
up €288,686 (+2027.8%), from €14,236 to €302,922
mainly Net result for the year (+€219,919) and Tax, wage and social debts (+€67,071)
- Reserves +€219,919
up €219,919 (+10663.6%), from €2,062 to €221,981
- Tax, wage and social debts +€67,071
up €67,071 (+2640.3%), from €2,540 to €69,611
- Gross operating margin +€284,984
up €284,984 (+10168.6%), from €2,803 to €287,787
- Taxes +€67,083
up €67,083 (+9062.1%), from €740 to €67,823
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 | €15,226 | €303,570 | +€288,344 | +1893.8% |
| Current assets | 29/58 | €15,226 | €303,570 | +€288,344 | +1893.8% |
| Cash at bank and in hand | 54/58 | €14,236 | €302,922 | +€288,686 | +2027.8% |
| Deferred charges and accrued income | 490/1 | €989 | €648 | -€341 | -34.5% |
| Total equity and liabilities | 10/49 | €15,226 | €303,570 | +€288,344 | +1893.8% |
| Equity | 10/15 | €7,062 | €226,981 | +€219,919 | +3114.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,062 | €221,981 | +€219,919 | +10663.6% |
| Distributable reserves | 133 | €2,062 | €221,981 | +€219,919 | +10663.6% |
| Amounts payable | 17/49 | €8,163 | €76,589 | +€68,425 | +838.2% |
| Amounts payable within one year | 42/48 | €8,163 | €76,589 | +€68,425 | +838.2% |
| Trade debts | 44 | €123 | €84 | -€39 | -31.7% |
| Suppliers | 440/4 | €123 | €84 | -€39 | -31.7% |
| Taxes, remuneration and social security | 45 | €2,540 | €69,611 | +€67,071 | +2640.3% |
| Taxes | 450/3 | €2,540 | €69,611 | +€67,071 | +2640.3% |
| Other amounts payable | 47/48 | €5,500 | €6,894 | +€1,394 | +25.3% |
| Gross operating margin | 9900 | €2,803 | €287,787 | +€284,984 | +10168.6% |
| Operating profit (loss) | 9901 | €2,803 | €287,787 | +€284,984 | +10168.6% |
| Financial charges | 65/66B | - | €45 | +€45 | |
| Recurring financial charges | 65 | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | €2,803 | €287,742 | +€284,939 | +10167.0% |
| Income taxes | 67/77 | €740 | €67,823 | +€67,083 | +9062.1% |
| Profit (loss) for the period | 9904 | €2,062 | €219,919 | +€217,857 | +10563.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,062 | €219,919 | +€217,857 | +10563.6% |
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.