STYL-ISM: what changed
Two financial 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-ISM
Largest movements
- Cash +€194,959
up €194,959 (+443%), from €44,037 to €238,996
mainly Stocks and contracts (+€93,768) and Tax, wage and social debts (+€71,342)
- Stocks and contracts -€93,768
down €93,768 (-64.3%), from €145,733 to €51,964
- Tangible fixed assets +€38,187
up €38,187 (+567%), from €6,732 to €44,919
of which Other tangible fixed assets: +€26,316
- Deferred charges and accrued income +€4,418
new in 2025: €4,418
- Tax, wage and social debts +€71,342
up €71,342 (+90.4%), from €78,919 to €150,261
of which Taxes: +€42,789
- Profit (loss) carried forward +€63,490
up €63,490 (+69.0%), from €91,984 to €155,473
- Trade debts +€4,450
up €4,450 (+38.9%), from €11,433 to €15,883
- Turnover -€631,568
no longer reported in 2025 (was €631,568)
- Purchases and services -€470,772
no longer reported in 2025 (was €470,772)
- Gross operating margin +€83,029
up €83,029 (+51.6%), from €160,796 to €243,826
- Staff costs +€41,014
up €41,014 (+39.1%), from €104,769 to €145,783
- Depreciation +€9,121
up €9,121 (+242%), from €3,766 to €12,888
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.
Derived cash bridge
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 | €199,480 | €340,592 | +€141,112 | +70.7% |
| Fixed assets | 21/28 | €6,732 | €44,919 | +€38,187 | +567% |
| Tangible fixed assets | 22/27 | €6,732 | €44,919 | +€38,187 | +567% |
| Furniture and vehicles | 24 | €575 | €12,445 | +€11,871 | +2,066% |
| Other tangible fixed assets | 26 | €6,157 | €32,473 | +€26,316 | +427% |
| Current assets | 29/58 | €192,748 | €295,674 | +€102,925 | +53.4% |
| Stocks and contracts in progress | 3 | €145,733 | €51,964 | -€93,768 | -64.3% |
| Stocks | 30/36 | €145,733 | €51,964 | -€93,768 | -64.3% |
| Amounts receivable within one year | 40/41 | €2,978 | €295 | -€2,683 | -90.1% |
| Trade receivables | 40 | - | €121 | +€121 | |
| Other amounts receivable | 41 | €2,978 | €174 | -€2,804 | -94.2% |
| Cash at bank and in hand | 54/58 | €44,037 | €238,996 | +€194,959 | +443% |
| Deferred charges and accrued income | 490/1 | - | €4,418 | +€4,418 | |
| Total equity and liabilities | 10/49 | €199,480 | €340,592 | +€141,112 | +70.7% |
| Equity | 10/15 | €99,128 | €162,618 | +€63,490 | +64.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €945 | €945 | = | 0.0% |
| Non-distributable reserves | 130/1 | €945 | €945 | = | 0.0% |
| Reserves not available under the articles | 1311 | €945 | €945 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,984 | €155,473 | +€63,490 | +69.0% |
| Amounts payable | 17/49 | €100,352 | €177,975 | +€77,622 | +77.3% |
| Amounts payable within one year | 42/48 | €100,352 | €177,975 | +€77,622 | +77.3% |
| Trade debts | 44 | €11,433 | €15,883 | +€4,450 | +38.9% |
| Suppliers | 440/4 | €11,433 | €15,883 | +€4,450 | +38.9% |
| Taxes, remuneration and social security | 45 | €78,919 | €150,261 | +€71,342 | +90.4% |
| Taxes | 450/3 | €26,690 | €69,479 | +€42,789 | +160% |
| Remuneration and social security | 454/9 | €52,229 | €80,782 | +€28,554 | +54.7% |
| Other amounts payable | 47/48 | €10,000 | €11,830 | +€1,830 | +18.3% |
| Turnover | 70 | €631,568 | - | -€631,568 | |
| Goods, raw materials, services and sundry goods | 60/61 | €470,772 | - | -€470,772 | |
| Remuneration, social security and pensions | 62 | €104,769 | €145,783 | +€41,014 | +39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,766 | €12,888 | +€9,121 | +242% |
| Other operating charges | 640/8 | €7,605 | €7,156 | -€449 | -5.9% |
| Gross operating margin | 9900 | €160,796 | €243,826 | +€83,029 | +51.6% |
| Operating profit (loss) | 9901 | €44,656 | €77,999 | +€33,343 | +74.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €453 | €3,614 | +€3,161 | +698% |
| Recurring financial charges | 65 | €453 | €3,614 | +€3,161 | +698% |
| Profit (loss) for the period before taxes | 9903 | €44,203 | €74,385 | +€30,181 | +68.3% |
| Income taxes | 67/77 | €9,706 | €10,895 | +€1,189 | +12.3% |
| Profit (loss) for the period | 9904 | €34,498 | €63,490 | +€28,992 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,498 | €63,490 | +€28,992 | +84.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.