STYLE-ELEGANCE: 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.
STYLE-ELEGANCE
Largest movements
- Cash -€1,889
down €1,889 (-7.6%), from €24,898 to €23,009
mainly Net result for the year (-€2,350) and Trade debts (-€98)
- Profit (loss) carried forward -€2,350
down €2,350 (-41.7%), from €5,634 to €3,284
- Tax, wage and social debts +€356
up €356 (+14.9%), from €2,390 to €2,746
- Gross operating margin +€4,723
up €4,723 (+74.3%), from -€6,354 to -€1,631
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 | €27,396 | €25,305 | -€2,092 | -7.6% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €25,896 | €23,805 | -€2,092 | -8.1% |
| Stocks and contracts in progress | 3 | €247 | €282 | +€36 | +14.4% |
| Stocks | 30/36 | €247 | €282 | +€36 | +14.4% |
| Amounts receivable within one year | 40/41 | €751 | €514 | -€238 | -31.7% |
| Trade receivables | 40 | - | €150 | +€150 | |
| Other amounts receivable | 41 | €751 | €364 | -€388 | -51.6% |
| Cash at bank and in hand | 54/58 | €24,898 | €23,009 | -€1,889 | -7.6% |
| Total equity and liabilities | 10/49 | €27,396 | €25,305 | -€2,092 | -7.6% |
| Equity | 10/15 | €24,886 | €22,536 | -€2,350 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €652 | €652 | = | 0.0% |
| Non-distributable reserves | 130/1 | €652 | €652 | = | 0.0% |
| Reserves not available under the articles | 1311 | €652 | €652 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,634 | €3,284 | -€2,350 | -41.7% |
| Amounts payable | 17/49 | €2,510 | €2,769 | +€259 | +10.3% |
| Amounts payable within one year | 42/48 | €2,510 | €2,769 | +€259 | +10.3% |
| Trade debts | 44 | €110 | €13 | -€98 | -88.4% |
| Suppliers | 440/4 | €110 | €13 | -€98 | -88.4% |
| Taxes, remuneration and social security | 45 | €2,390 | €2,746 | +€356 | +14.9% |
| Taxes | 450/3 | €2,390 | €2,746 | +€356 | +14.9% |
| Other amounts payable | 47/48 | €10 | €10 | = | 0.0% |
| Other operating charges | 640/8 | €459 | €470 | +€11 | +2.4% |
| Gross operating margin | 9900 | -€6,354 | -€1,631 | +€4,723 | +74.3% |
| Operating profit (loss) | 9901 | -€6,813 | -€2,101 | +€4,712 | +69.2% |
| Financial charges | 65/66B | €214 | €249 | +€35 | +16.4% |
| Recurring financial charges | 65 | €214 | €249 | +€35 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,027 | -€2,350 | +€4,677 | +66.6% |
| Profit (loss) for the period | 9904 | -€7,027 | -€2,350 | +€4,677 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,027 | -€2,350 | +€4,677 | +66.6% |
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 2 October 2026 via checked.be.