STYLE CAR: 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.
STYLE CAR
Largest movements
- Stocks and contracts -€61,466
down €61,466 (-23.8%), from €258,228 to €196,762
- Cash +€18,567
up €18,567 (+77.8%), from €23,864 to €42,430
mainly Stocks and contracts (+€61,466) and Depreciation (+€2,286)
- Receivables within one year +€5,851
up €5,851 (+683%), from €857 to €6,708
of which Other amounts receivable: +€6,673
- Debts after one year -€20,220
down €20,220 (-12.1%), from €166,843 to €146,623
- Profit (loss) carried forward -€15,291
down €15,291 (-49.2%), from €31,068 to €15,777
- Tax, wage and social debts -€7,185
down €7,185 (-68.8%), from €10,443 to €3,258
- Gross operating margin -€51,691
down €51,691, from €40,491 to -€11,201
- Taxes -€3,258
no longer reported in 2025 (was €3,258)
- Depreciation -€555
down €555 (-19.5%), from €2,841 to €2,286
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 | €291,116 | €249,648 | -€41,468 | -14.2% |
| Fixed assets | 21/28 | €4,307 | €2,021 | -€2,286 | -53.1% |
| Tangible fixed assets | 22/27 | €4,258 | €1,971 | -€2,286 | -53.7% |
| Furniture and vehicles | 24 | €4,258 | €1,971 | -€2,286 | -53.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €286,809 | €247,627 | -€39,182 | -13.7% |
| Stocks and contracts in progress | 3 | €258,228 | €196,762 | -€61,466 | -23.8% |
| Stocks | 30/36 | €258,228 | €196,762 | -€61,466 | -23.8% |
| Amounts receivable within one year | 40/41 | €857 | €6,708 | +€5,851 | +683% |
| Trade receivables | 40 | €855 | €33 | -€821 | -96.1% |
| Other amounts receivable | 41 | €3 | €6,675 | +€6,673 | +264,785% |
| Cash at bank and in hand | 54/58 | €23,864 | €42,430 | +€18,567 | +77.8% |
| Deferred charges and accrued income | 490/1 | €3,861 | €1,727 | -€2,134 | -55.3% |
| Total equity and liabilities | 10/49 | €291,116 | €249,648 | -€41,468 | -14.2% |
| Equity | 10/15 | €112,155 | €96,864 | -€15,291 | -13.6% |
| Contributions | 10/11 | €29,750 | €29,750 | = | 0.0% |
| Reserves | 13 | €51,337 | €51,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €48,362 | €48,362 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,068 | €15,777 | -€15,291 | -49.2% |
| Amounts payable | 17/49 | €178,962 | €152,784 | -€26,177 | -14.6% |
| Amounts payable after more than one year | 17 | €166,843 | €146,623 | -€20,220 | -12.1% |
| Other amounts payable | 178/9 | €166,843 | €146,623 | -€20,220 | -12.1% |
| Amounts payable within one year | 42/48 | €12,119 | €5,083 | -€7,035 | -58.1% |
| Trade debts | 44 | €1,676 | €825 | -€851 | -50.8% |
| Suppliers | 440/4 | €1,676 | €825 | -€851 | -50.8% |
| Advances received on contracts in progress | 46 | - | €1,000 | +€1,000 | |
| Taxes, remuneration and social security | 45 | €10,443 | €3,258 | -€7,185 | -68.8% |
| Taxes | 450/3 | €10,443 | €3,258 | -€7,185 | -68.8% |
| Accrued charges and deferred income | 492/3 | - | €1,078 | +€1,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,841 | €2,286 | -€555 | -19.5% |
| Other operating charges | 640/8 | €1,574 | €1,615 | +€41 | +2.6% |
| Gross operating margin | 9900 | €40,491 | -€11,201 | -€51,691 | |
| Operating profit (loss) | 9901 | €36,076 | -€15,102 | -€51,178 | |
| Financial income | 75/76B | €17 | €33 | +€16 | +91.6% |
| Recurring financial income | 75 | €17 | €33 | +€16 | +91.6% |
| Financial charges | 65/66B | €254 | €221 | -€32 | -12.7% |
| Recurring financial charges | 65 | €254 | €221 | -€32 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €35,839 | -€15,291 | -€51,130 | |
| Income taxes | 67/77 | €3,258 | - | -€3,258 | |
| Profit (loss) for the period | 9904 | €32,581 | -€15,291 | -€47,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,581 | -€15,291 | -€47,872 |
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 19 October 2026 via checked.be.