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INESTYLE: 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.

What changed

INESTYLE

BE 0478.869.105
NACE 32.123, Manufacture of jewellery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€24,794
2024 · €23,758+€1,035
Equity
-€6,872
2024 · -€31,666+€24,794
Cash
€4,163
2024 · €5,903-€1,740
Balance sheet total
€106,706
2024 · €87,553+€19,152

Largest movements

2024 to 2025
Assets
  • Stocks and contracts +€35,213

    up €35,213 (+58.0%), from €60,686 to €95,899

  • Deferred charges and accrued income -€13,250

    down €13,250 (-96.7%), from €13,704 to €454

  • Cash -€1,740

    down €1,740 (-29.5%), from €5,903 to €4,163

    mainly Stocks and contracts (-€35,213) and Debts after one year (-€4,345)

  • Tangible fixed assets -€1,206

    down €1,206 (-25.2%), from €4,786 to €3,580

    of which Furniture and vehicles: -€830

Equity and liabilities
  • Profit (loss) carried forward +€24,794

    up €24,794 (+39.0%), from -€63,602 to -€38,808

  • Debts after one year -€4,345

    down €4,345 (-8.6%), from €50,289 to €45,944

  • Other debts -€3,620

    down €3,620 (-6.1%), from €59,798 to €56,178

  • Trade debts +€1,483

    up €1,483 (+81.4%), from €1,822 to €3,304

Income statement
  • Gross operating margin +€3,185

    up €3,185 (+11.3%), from €28,102 to €31,288

  • Financial income -€2,616

    down €2,616 (-78.7%), from €3,323 to €707

    of which Non-recurring financial income: -€3,000

  • Financial charges -€333

    down €333 (-5.3%), from €6,287 to €5,954

    of which Financial charges: -€438

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €23,758
Gross operating margin +€3,185
Financial income -€2,616
Financial charges +€333
Taxes +€134
Result 2025 €24,794

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,148
Investment +€20
Financing -€3,908
Cash 2024 €5,903
Net result for the year +€24,794
Depreciation +€1,206
Stocks and contracts -€35,213
Receivables within one year -€155
Deferred charges and accrued income +€13,250
Trade debts +€1,483
Tax, wage and social debts +€404
Other debts -€3,620
Investment in fixed assets (net) +€20
Debts after one year -€4,345
Current portion of long-term debt +€437
Cash 2025 €4,163
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €87,553 €106,706 +€19,152 +21.9%
Fixed assets 21/28 €4,806 €3,580 -€1,226 -25.5%
Tangible fixed assets 22/27 €4,786 €3,580 -€1,206 -25.2%
Furniture and vehicles 24 €2,627 €1,797 -€830 -31.6%
Other tangible fixed assets 26 €2,159 €1,784 -€376 -17.4%
Financial fixed assets 28 €20 - -€20
Current assets 29/58 €82,747 €103,125 +€20,378 +24.6%
Stocks and contracts in progress 3 €60,686 €95,899 +€35,213 +58.0%
Stocks 30/36 €60,686 €95,899 +€35,213 +58.0%
Amounts receivable within one year 40/41 €2,455 €2,610 +€155 +6.3%
Trade receivables 40 €2,455 €2,545 +€91 +3.7%
Other amounts receivable 41 - €65 +€65
Cash at bank and in hand 54/58 €5,903 €4,163 -€1,740 -29.5%
Deferred charges and accrued income 490/1 €13,704 €454 -€13,250 -96.7%
Total equity and liabilities 10/49 €87,553 €106,706 +€19,152 +21.9%
Equity 10/15 -€31,666 -€6,872 +€24,794 +78.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €13,336 €13,336 = 0.0%
Non-distributable reserves 130/1 €1,166 €1,166 = 0.0%
Reserves not available under the articles 1311 €1,166 €1,166 = 0.0%
Tax-exempt reserves 132 €4,170 €4,170 = 0.0%
Distributable reserves 133 €8,000 €8,000 = 0.0%
Profit (loss) carried forward 14 -€63,602 -€38,808 +€24,794 +39.0%
Amounts payable 17/49 €119,219 €113,578 -€5,641 -4.7%
Amounts payable after more than one year 17 €50,289 €45,944 -€4,345 -8.6%
Financial debts 170/4 €50,289 €45,944 -€4,345 -8.6%
Amounts payable within one year 42/48 €68,930 €67,635 -€1,296 -1.9%
Current portion of amounts payable after more than one year 42 €3,908 €4,345 +€437 +11.2%
Trade debts 44 €1,822 €3,304 +€1,483 +81.4%
Suppliers 440/4 €1,822 €3,304 +€1,483 +81.4%
Taxes, remuneration and social security 45 €3,403 €3,807 +€404 +11.9%
Taxes 450/3 €3,403 €3,807 +€404 +11.9%
Other amounts payable 47/48 €59,798 €56,178 -€3,620 -6.1%
Non-recurring operating income 76A - €5,785 +€5,785
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,206 €1,206 = 0.0%
Gross operating margin 9900 €28,102 €31,288 +€3,185 +11.3%
Operating profit (loss) 9901 €26,897 €30,082 +€3,185 +11.8%
Financial income 75/76B €3,323 €707 -€2,616 -78.7%
Recurring financial income 75 €323 €707 +€384 +118.7%
Non-recurring financial income 76B €3,000 - -€3,000
Financial charges 65/66B €6,287 €5,954 -€333 -5.3%
Recurring financial charges 65 €6,287 €5,849 -€438 -7.0%
Non-recurring financial charges 66B - €105 +€105
Profit (loss) for the period before taxes 9903 €23,933 €24,834 +€902 +3.8%
Income taxes 67/77 €174 €41 -€134 -76.7%
Profit (loss) for the period 9904 €23,758 €24,794 +€1,035 +4.4%
Profit (loss) for the period to be appropriated 9905 €23,758 €24,794 +€1,035 +4.4%

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 30 September 2026 via checked.be.