SOL & 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.
SOL & STYLE
Largest movements
- Receivables within one year +€38,711
up €38,711 (+181.2%), from €21,365 to €60,076
of which Trade receivables: +€40,948
- Financial fixed assets +€2,500
up €2,500 (+182.2%), from €1,372 to €3,872
- Cash -€1,267
down €1,267 (-99.7%), from €1,270 to €4
mainly Receivables within one year (-€38,711) and Net result for the year (-€13,998)
- Other debts +€37,040
up €37,040 (+74.3%), from €49,867 to €86,907
- Tax, wage and social debts +€18,899
up €18,899 (+185.2%), from €10,205 to €29,104
of which Remuneration and social security: +€11,670
- Profit (loss) carried forward -€13,998
down €13,998 (-15.2%), from -€91,933 to -€105,931
- Trade debts -€2,736
down €2,736 (-5.0%), from €54,608 to €51,872
- Other operating charges -€11,546
down €11,546 (-71.0%), from €16,259 to €4,714
- Gross operating margin +€9,189
up €9,189 (+30.2%), from €30,453 to €39,642
- Staff costs +€4,230
up €4,230 (+10.1%), from €41,935 to €46,165
- Write-downs -€2,128
no longer reported in 2024 (was €2,128)
- Financial charges +€1,099
up €1,099 (+93.9%), from €1,170 to €2,269
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 | €24,747 | €63,952 | +€39,205 | +158.4% |
| Fixed assets | 21/28 | €1,717 | €3,872 | +€2,155 | +125.5% |
| Intangible fixed assets | 21 | €181 | - | -€181 | |
| Tangible fixed assets | 22/27 | €164 | - | -€164 | |
| Furniture and vehicles | 24 | €164 | - | -€164 | |
| Financial fixed assets | 28 | €1,372 | €3,872 | +€2,500 | +182.2% |
| Current assets | 29/58 | €23,030 | €60,080 | +€37,050 | +160.9% |
| Amounts receivable within one year | 40/41 | €21,365 | €60,076 | +€38,711 | +181.2% |
| Trade receivables | 40 | €18,265 | €59,213 | +€40,948 | +224.2% |
| Other amounts receivable | 41 | €3,100 | €863 | -€2,237 | -72.2% |
| Cash at bank and in hand | 54/58 | €1,270 | €4 | -€1,267 | -99.7% |
| Deferred charges and accrued income | 490/1 | €394 | - | -€394 | |
| Total equity and liabilities | 10/49 | €24,747 | €63,952 | +€39,205 | +158.4% |
| Equity | 10/15 | -€89,933 | -€103,931 | -€13,998 | -15.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,933 | -€105,931 | -€13,998 | -15.2% |
| Amounts payable | 17/49 | €114,680 | €167,883 | +€53,203 | +46.4% |
| Amounts payable within one year | 42/48 | €114,680 | €167,883 | +€53,203 | +46.4% |
| Trade debts | 44 | €54,608 | €51,872 | -€2,736 | -5.0% |
| Suppliers | 440/4 | €54,608 | €51,872 | -€2,736 | -5.0% |
| Taxes, remuneration and social security | 45 | €10,205 | €29,104 | +€18,899 | +185.2% |
| Taxes | 450/3 | €4,751 | €11,980 | +€7,229 | +152.1% |
| Remuneration and social security | 454/9 | €5,454 | €17,124 | +€11,670 | +214.0% |
| Other amounts payable | 47/48 | €49,867 | €86,907 | +€37,040 | +74.3% |
| Remuneration, social security and pensions | 62 | €41,935 | €46,165 | +€4,230 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,420 | €345 | -€1,075 | -75.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,128 | - | -€2,128 | |
| Other operating charges | 640/8 | €16,259 | €4,714 | -€11,546 | -71.0% |
| Gross operating margin | 9900 | €30,453 | €39,642 | +€9,189 | +30.2% |
| Operating profit (loss) | 9901 | -€31,289 | -€11,582 | +€19,707 | +63.0% |
| Financial income | 75/76B | €499 | €1 | -€499 | -99.9% |
| Recurring financial income | 75 | €499 | €1 | -€499 | -99.9% |
| Financial charges | 65/66B | €1,170 | €2,269 | +€1,099 | +93.9% |
| Recurring financial charges | 65 | €1,170 | €2,269 | +€1,099 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,959 | -€13,850 | +€18,109 | +56.7% |
| Income taxes | 67/77 | €136 | €148 | +€12 | +8.9% |
| Profit (loss) for the period | 9904 | -€32,095 | -€13,998 | +€18,097 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,095 | -€13,998 | +€18,097 | +56.4% |
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 5 October 2026 via checked.be.