STYLE CONCEPT: 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 CONCEPT
Largest movements
- Cash +€4,245
up €4,245 (+1755.0%), from €242 to €4,487
mainly Depreciation (+€33,955) and Net result for the year (+€10,094)
- Deferred charges and accrued income -€1,966
down €1,966 (-81.0%), from €2,426 to €460
- Receivables within one year -€1,875
down €1,875 (-23.5%), from €7,986 to €6,111
of which Trade receivables: -€1,875
- Tangible fixed assets -€1,066
down €1,066 (-2.3%), from €46,073 to €45,007
of which Plant, machinery and equipment: -€3,242
- Profit (loss) carried forward +€10,094
up €10,094 (+20.2%), from -€49,981 to -€39,887
- Short-term financial debts -€4,739
down €4,739 (-100.0%), from €4,739 to €0
- Tax, wage and social debts -€2,255
down €2,255 (-26.9%), from €8,396 to €6,141
of which Remuneration and social security: -€1,600
- Trade debts -€2,227
down €2,227 (-52.7%), from €4,228 to €2,001
- Other debts -€1,834
down €1,834 (-29.1%), from €6,296 to €4,462
- Gross operating margin +€15,186
up €15,186 (+49.1%), from €30,951 to €46,136
- Depreciation +€11,314
up €11,314 (+50.0%), from €22,641 to €33,955
- Other operating charges -€1,210
down €1,210 (-69.7%), from €1,736 to €527
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 | €57,349 | €56,686 | -€662 | -1.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €46,695 | €45,628 | -€1,066 | -2.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €46,073 | €45,007 | -€1,066 | -2.3% |
| Plant, machinery and equipment | 23 | €42,101 | €38,859 | -€3,242 | -7.7% |
| Furniture and vehicles | 24 | €3,972 | €6,148 | +€2,176 | +54.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €621 | €621 | = | 0.0% |
| Current assets | 29/58 | €10,654 | €11,058 | +€404 | +3.8% |
| Amounts receivable within one year | 40/41 | €7,986 | €6,111 | -€1,875 | -23.5% |
| Trade receivables | 40 | €7,986 | €6,111 | -€1,875 | -23.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €242 | €4,487 | +€4,245 | +1755.0% |
| Deferred charges and accrued income | 490/1 | €2,426 | €460 | -€1,966 | -81.0% |
| Total equity and liabilities | 10/49 | €57,349 | €56,686 | -€662 | -1.2% |
| Equity | 10/15 | €18,190 | €28,283 | +€10,094 | +55.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€49,981 | -€39,887 | +€10,094 | +20.2% |
| Amounts payable | 17/49 | €39,159 | €28,403 | -€10,756 | -27.5% |
| Amounts payable within one year | 42/48 | €23,659 | €12,603 | -€11,056 | -46.7% |
| Financial debts | 43 | €4,739 | €0 | -€4,739 | -100.0% |
| Credit institutions | 430/8 | €4,739 | €0 | -€4,739 | -100.0% |
| Trade debts | 44 | €4,228 | €2,001 | -€2,227 | -52.7% |
| Suppliers | 440/4 | €4,228 | €2,001 | -€2,227 | -52.7% |
| Taxes, remuneration and social security | 45 | €8,396 | €6,141 | -€2,255 | -26.9% |
| Taxes | 450/3 | €6,796 | €6,141 | -€655 | -9.6% |
| Remuneration and social security | 454/9 | €1,600 | €0 | -€1,600 | -100.0% |
| Other amounts payable | 47/48 | €6,296 | €4,462 | -€1,834 | -29.1% |
| Accrued charges and deferred income | 492/3 | €15,500 | €15,800 | +€300 | +1.9% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,641 | €33,955 | +€11,314 | +50.0% |
| Other operating charges | 640/8 | €1,736 | €527 | -€1,210 | -69.7% |
| Gross operating margin | 9900 | €30,951 | €46,136 | +€15,186 | +49.1% |
| Operating profit (loss) | 9901 | €6,573 | €11,655 | +€5,081 | +77.3% |
| Financial income | 75/76B | €2 | €5 | +€3 | +212.8% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +212.8% |
| Financial charges | 65/66B | €1,749 | €1,422 | -€327 | -18.7% |
| Recurring financial charges | 65 | €1,749 | €1,422 | -€327 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €4,826 | €10,238 | +€5,412 | +112.1% |
| Income taxes | 67/77 | €139 | €144 | +€5 | +3.5% |
| Profit (loss) for the period | 9904 | €4,687 | €10,094 | +€5,407 | +115.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,687 | €10,094 | +€5,407 | +115.4% |
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 10 October 2026 via checked.be.