STYL CREDITS: 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.
STYL CREDITS
Largest movements
- Tangible fixed assets +€7,194
up €7,194 (+745.0%), from €966 to €8,159
of which Furniture and vehicles: +€7,332
- Cash +€2,082
up €2,082 (+5.9%), from €35,465 to €37,546
mainly Net result for the year (+€9,327) and Current portion of long-term debt (+€2,002)
- Profit (loss) carried forward +€9,327
up €9,327, from -€2,930 to €6,397
- Tax, wage and social debts -€2,871
down €2,871 (-42.8%), from €6,709 to €3,838
of which Taxes: -€2,955
- Current portion of long-term debt +€2,002
up €2,002 (+35.0%), from €5,725 to €7,727
- Accrued charges and deferred income +€840
up €840 (+46.2%), from €1,820 to €2,660
- Gross operating margin +€13,487
up €13,487 (+50.2%), from €26,871 to €40,358
- Staff costs +€4,371
up €4,371 (+23.1%), from €18,915 to €23,285
- Taxes +€1,797
up €1,797 (+60.6%), from €2,966 to €4,763
- Financial charges +€475
up €475 (+84.6%), from €561 to €1,036
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 | €37,551 | €47,061 | +€9,510 | +25.3% |
| Fixed assets | 21/28 | €966 | €8,159 | +€7,194 | +745.0% |
| Tangible fixed assets | 22/27 | €966 | €8,159 | +€7,194 | +745.0% |
| Land and buildings | 22 | €966 | €828 | -€138 | -14.3% |
| Furniture and vehicles | 24 | - | €7,332 | +€7,332 | |
| Current assets | 29/58 | €36,586 | €38,902 | +€2,316 | +6.3% |
| Amounts receivable within one year | 40/41 | €1,121 | €1,355 | +€234 | +20.9% |
| Trade receivables | 40 | €587 | €584 | -€3 | -0.4% |
| Other amounts receivable | 41 | €534 | €771 | +€237 | +44.3% |
| Cash at bank and in hand | 54/58 | €35,465 | €37,546 | +€2,082 | +5.9% |
| Total equity and liabilities | 10/49 | €37,551 | €47,061 | +€9,510 | +25.3% |
| Equity | 10/15 | €5,130 | €14,457 | +€9,327 | +181.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,930 | €6,397 | +€9,327 | |
| Amounts payable | 17/49 | €32,421 | €32,604 | +€183 | +0.6% |
| Amounts payable after more than one year | 17 | €7,467 | €7,095 | -€372 | -5.0% |
| Financial debts | 170/4 | €7,467 | €7,095 | -€372 | -5.0% |
| Amounts payable within one year | 42/48 | €23,134 | €22,849 | -€285 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €5,725 | €7,727 | +€2,002 | +35.0% |
| Trade debts | 44 | €240 | €673 | +€433 | +180.4% |
| Suppliers | 440/4 | €240 | €673 | +€433 | +180.4% |
| Taxes, remuneration and social security | 45 | €6,709 | €3,838 | -€2,871 | -42.8% |
| Taxes | 450/3 | €2,955 | - | -€2,955 | |
| Remuneration and social security | 454/9 | €3,754 | €3,838 | +€84 | +2.2% |
| Other amounts payable | 47/48 | €10,460 | €10,611 | +€151 | +1.4% |
| Accrued charges and deferred income | 492/3 | €1,820 | €2,660 | +€840 | +46.2% |
| Remuneration, social security and pensions | 62 | €18,915 | €23,285 | +€4,371 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €306 | +€50 | +19.4% |
| Other operating charges | 640/8 | €1,745 | €1,641 | -€104 | -6.0% |
| Gross operating margin | 9900 | €26,871 | €40,358 | +€13,487 | +50.2% |
| Operating profit (loss) | 9901 | €5,955 | €15,125 | +€9,170 | +154.0% |
| Financial income | 75/76B | €37 | €0 | -€37 | -99.5% |
| Recurring financial income | 75 | €37 | €0 | -€37 | -99.5% |
| Financial charges | 65/66B | €561 | €1,036 | +€475 | +84.6% |
| Recurring financial charges | 65 | €561 | €1,036 | +€475 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €5,431 | €14,090 | +€8,659 | +159.4% |
| Income taxes | 67/77 | €2,966 | €4,763 | +€1,797 | +60.6% |
| Profit (loss) for the period | 9904 | €2,465 | €9,327 | +€6,862 | +278.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,465 | €9,327 | +€6,862 | +278.3% |
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 5 October 2026 via checked.be.