NEW STYLE 20: what changed
What changed
NEW STYLE 20
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
€873
2023 · €14,344-€13,471
Equity
€129,850
2023 · €128,977+€873
Cash
€28,374
2023 · €51,356-€22,983
Balance sheet total
€151,830
2023 · €174,068-€22,238
Largest movements
Assets
- Cash -€22,983
down €22,983 (-44.8%), from €51,356 to €28,374
mainly Trade debts (-€24,808) and Investment in fixed assets (net) (-€18,803)
Equity and liabilities
- Trade debts -€24,808
down €24,808 (-75.6%), from €32,827 to €8,019
- Other debts +€2,100
new in 2024: €2,100
Income statement
- Turnover -€28,271
down €28,271 (-7.3%), from €387,456 to €359,186
- Gross operating margin -€16,622
down €16,622 (-25.3%), from €65,794 to €49,172
- Purchases and services -€11,649
down €11,649 (-3.6%), from €321,662 to €310,013
- Taxes -€4,237
down €4,237 (-93.4%), from €4,538 to €300
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€14,344
Gross operating margin
-€16,622
Staff costs
-€1,089
Depreciation
-€313
Other operating charges
+€50
Financial income
+€327
Financial charges
-€61
Taxes
+€4,237
Result 2024
€873
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€4,180
Investment
-€18,803
Financing
€0
Cash 2023
€51,356
From operations (derived)
-€4,180
Net result for the year
+€873
Depreciation
+€17,864
Stocks and contracts
+€194
Trade debts
-€24,808
Tax, wage and social debts
-€403
Other debts
+€2,100
Investment (derived)
-€18,803
Investment in fixed assets (net)
-€18,803
Cash 2024
€28,374
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,068 | €151,830 | -€22,238 | -12.8% |
| Fixed assets | 21/28 | €65,880 | €66,819 | +€939 | +1.4% |
| Tangible fixed assets | 22/27 | €65,838 | €66,777 | +€939 | +1.4% |
| Land and buildings | 22 | €25,977 | €64,740 | +€38,764 | +149% |
| Furniture and vehicles | 24 | €39,861 | €2,037 | -€37,825 | -94.9% |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €108,187 | €85,010 | -€23,177 | -21.4% |
| Stocks and contracts in progress | 3 | €56,831 | €56,637 | -€194 | -0.3% |
| Stocks | 30/36 | €56,831 | €56,637 | -€194 | -0.3% |
| Cash at bank and in hand | 54/58 | €51,356 | €28,374 | -€22,983 | -44.8% |
| Total equity and liabilities | 10/49 | €174,068 | €151,830 | -€22,238 | -12.8% |
| Equity | 10/15 | €128,977 | €129,850 | +€873 | +0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €50,368 | €51,241 | +€873 | +1.7% |
| Non-distributable reserves | 130/1 | €10,802 | €10,802 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €4,602 | €4,602 | = | 0.0% |
| Distributable reserves | 133 | €39,567 | €40,439 | +€873 | +2.2% |
| Profit (loss) carried forward | 14 | €16,609 | €16,609 | = | 0.0% |
| Amounts payable | 17/49 | €45,091 | €21,980 | -€23,111 | -51.3% |
| Amounts payable within one year | 42/48 | €45,091 | €21,980 | -€23,111 | -51.3% |
| Trade debts | 44 | €32,827 | €8,019 | -€24,808 | -75.6% |
| Suppliers | 440/4 | €32,827 | €8,019 | -€24,808 | -75.6% |
| Taxes, remuneration and social security | 45 | €12,263 | €11,861 | -€403 | -3.3% |
| Taxes | 450/3 | €12,263 | €11,657 | -€607 | -4.9% |
| Remuneration and social security | 454/9 | - | €204 | +€204 | |
| Other amounts payable | 47/48 | - | €2,100 | +€2,100 | |
| Turnover | 70 | €387,456 | €359,186 | -€28,271 | -7.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €321,662 | €310,013 | -€11,649 | -3.6% |
| Remuneration, social security and pensions | 62 | €29,200 | €30,289 | +€1,089 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,550 | €17,864 | +€313 | +1.8% |
| Other operating charges | 640/8 | €142 | €92 | -€50 | -35.2% |
| Gross operating margin | 9900 | €65,794 | €49,172 | -€16,622 | -25.3% |
| Operating profit (loss) | 9901 | €18,902 | €927 | -€17,975 | -95.1% |
| Financial income | 75/76B | €195 | €522 | +€327 | +167% |
| Recurring financial income | 75 | €195 | €522 | +€327 | +167% |
| Financial charges | 65/66B | €215 | €276 | +€61 | +28.3% |
| Recurring financial charges | 65 | €215 | €276 | +€61 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €18,882 | €1,173 | -€17,709 | -93.8% |
| Income taxes | 67/77 | €4,538 | €300 | -€4,237 | -93.4% |
| Profit (loss) for the period | 9904 | €14,344 | €873 | -€13,471 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,344 | €873 | -€13,471 | -93.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.