On Style: 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.
On Style
Largest movements
- Stocks and contracts +€24,974
up €24,974 (+180.0%), from €13,878 to €38,852
- Receivables within one year +€7,969
new in 2024: €7,969
of which Trade receivables: +€7,498
- Tangible fixed assets +€3,873
up €3,873 (+367.0%), from €1,055 to €4,928
- Cash +€2,339
up €2,339 (+844.8%), from €277 to €2,616
mainly Net result for the year (+€26,610) and Tax, wage and social debts (+€10,747)
- Deferred charges and accrued income +€1,285
up €1,285 (+160.6%), from €800 to €2,085
- Profit (loss) carried forward +€26,610
up €26,610 (+1818.4%), from €1,463 to €28,073
- Tax, wage and social debts +€10,747
up €10,747 (+949.5%), from €1,132 to €11,878
- Debts after one year +€3,547
new in 2024: €3,547
- Other debts -€3,201
down €3,201 (-25.5%), from €12,541 to €9,341
- Trade debts +€1,379
up €1,379 (+157.8%), from €874 to €2,253
- Gross operating margin +€32,476
up €32,476 (+1392.0%), from €2,333 to €34,810
- Taxes +€6,221
up €6,221 (+1251.9%), from €497 to €6,718
- Financial charges +€494
up €494 (+503.6%), from €98 to €592
- Depreciation +€377
up €377 (+137.0%), from €275 to €652
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,010 | €59,449 | +€40,439 | +212.7% |
| Fixed assets | 21/28 | €4,055 | €7,928 | +€3,873 | +95.5% |
| Tangible fixed assets | 22/27 | €1,055 | €4,928 | +€3,873 | +367.0% |
| Plant, machinery and equipment | 23 | €1,055 | €4,928 | +€3,873 | +367.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €14,955 | €51,521 | +€36,566 | +244.5% |
| Stocks and contracts in progress | 3 | €13,878 | €38,852 | +€24,974 | +180.0% |
| Stocks | 30/36 | €13,878 | €38,852 | +€24,974 | +180.0% |
| Amounts receivable within one year | 40/41 | - | €7,969 | +€7,969 | |
| Trade receivables | 40 | - | €7,498 | +€7,498 | |
| Other amounts receivable | 41 | - | €471 | +€471 | |
| Cash at bank and in hand | 54/58 | €277 | €2,616 | +€2,339 | +844.8% |
| Deferred charges and accrued income | 490/1 | €800 | €2,085 | +€1,285 | +160.6% |
| Total equity and liabilities | 10/49 | €19,010 | €59,449 | +€40,439 | +212.7% |
| Equity | 10/15 | €4,463 | €31,073 | +€26,610 | +596.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,463 | €28,073 | +€26,610 | +1818.4% |
| Amounts payable | 17/49 | €14,547 | €28,376 | +€13,829 | +95.1% |
| Amounts payable after more than one year | 17 | - | €3,547 | +€3,547 | |
| Financial debts | 170/4 | - | €3,547 | +€3,547 | |
| Amounts payable within one year | 42/48 | €14,547 | €24,313 | +€9,766 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | - | €841 | +€841 | |
| Trade debts | 44 | €874 | €2,253 | +€1,379 | +157.8% |
| Suppliers | 440/4 | €874 | €2,253 | +€1,379 | +157.8% |
| Taxes, remuneration and social security | 45 | €1,132 | €11,878 | +€10,747 | +949.5% |
| Taxes | 450/3 | €1,132 | €11,878 | +€10,747 | +949.5% |
| Other amounts payable | 47/48 | €12,541 | €9,341 | -€3,201 | -25.5% |
| Accrued charges and deferred income | 492/3 | - | €517 | +€517 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €652 | +€377 | +137.0% |
| Other operating charges | 640/8 | €253 | €238 | -€16 | -6.2% |
| Gross operating margin | 9900 | €2,333 | €34,810 | +€32,476 | +1392.0% |
| Operating profit (loss) | 9901 | €1,804 | €33,919 | +€32,115 | +1779.8% |
| Financial income | 75/76B | €254 | €0 | -€254 | -99.8% |
| Recurring financial income | 75 | €254 | €0 | -€254 | -99.8% |
| Financial charges | 65/66B | €98 | €592 | +€494 | +503.6% |
| Recurring financial charges | 65 | €98 | €592 | +€494 | +503.6% |
| Profit (loss) for the period before taxes | 9903 | €1,960 | €33,328 | +€31,368 | +1600.2% |
| Income taxes | 67/77 | €497 | €6,718 | +€6,221 | +1251.9% |
| Profit (loss) for the period | 9904 | €1,463 | €26,610 | +€25,146 | +1718.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,463 | €26,610 | +€25,146 | +1718.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.