Style et Tendance: 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 et Tendance
Largest movements
- Tangible fixed assets +€33,457
up €33,457 (+59.3%), from €56,419 to €89,877
of which Furniture and vehicles: +€36,234
- Cash -€14,382
down €14,382 (-51.0%), from €28,174 to €13,792
mainly Investment in fixed assets (net) (-€38,924) and Other debts (-€5,256)
- Stocks and contracts +€2,353
up €2,353 (+44.5%), from €5,284 to €7,637
- Debts after one year +€17,536
new in 2025: €17,536
- Reserves +€6,500
up €6,500 (+116%), from €5,580 to €12,080
- Other debts -€5,256
down €5,256 (-63.9%), from €8,227 to €2,971
- Current portion of long-term debt +€3,408
up €3,408 (+132%), from €2,587 to €5,996
- Depreciation -€10,002
down €10,002 (-64.7%), from €15,469 to €5,467
- Gross operating margin -€3,353
down €3,353 (-6.6%), from €50,804 to €47,450
- Other operating charges +€1,840
up €1,840 (+75.1%), from €2,449 to €4,289
- Taxes +€1,697
up €1,697 (+145%), from €1,167 to €2,864
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 | €96,540 | €118,345 | +€21,805 | +22.6% |
| Fixed assets | 21/28 | €56,423 | €89,880 | +€33,457 | +59.3% |
| Tangible fixed assets | 22/27 | €56,419 | €89,877 | +€33,457 | +59.3% |
| Land and buildings | 22 | €41,958 | €39,939 | -€2,019 | -4.8% |
| Plant, machinery and equipment | 23 | €1,164 | €405 | -€758 | -65.2% |
| Furniture and vehicles | 24 | €13,298 | €49,532 | +€36,234 | +272% |
| Financial fixed assets | 28 | €4 | €4 | = | 0.0% |
| Current assets | 29/58 | €40,117 | €28,465 | -€11,653 | -29.0% |
| Stocks and contracts in progress | 3 | €5,284 | €7,637 | +€2,353 | +44.5% |
| Stocks | 30/36 | €5,284 | €7,637 | +€2,353 | +44.5% |
| Amounts receivable within one year | 40/41 | €3,775 | €4,703 | +€928 | +24.6% |
| Trade receivables | 40 | €1,404 | €1,703 | +€299 | +21.3% |
| Other amounts receivable | 41 | €2,371 | €3,000 | +€629 | +26.5% |
| Cash at bank and in hand | 54/58 | €28,174 | €13,792 | -€14,382 | -51.0% |
| Deferred charges and accrued income | 490/1 | €2,884 | €2,333 | -€551 | -19.1% |
| Total equity and liabilities | 10/49 | €96,540 | €118,345 | +€21,805 | +22.6% |
| Equity | 10/15 | €81,400 | €88,146 | +€6,746 | +8.3% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €5,580 | €12,080 | +€6,500 | +116% |
| Distributable reserves | 133 | €5,580 | €12,080 | +€6,500 | +116% |
| Profit (loss) carried forward | 14 | €55,369 | €55,615 | +€246 | +0.4% |
| Amounts payable | 17/49 | €15,141 | €30,199 | +€15,058 | +99.5% |
| Amounts payable after more than one year | 17 | - | €17,536 | +€17,536 | |
| Financial debts | 170/4 | - | €17,536 | +€17,536 | |
| Amounts payable within one year | 42/48 | €15,141 | €12,663 | -€2,477 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €2,587 | €5,996 | +€3,408 | +132% |
| Taxes, remuneration and social security | 45 | €4,326 | €3,697 | -€629 | -14.5% |
| Taxes | 450/3 | €2,551 | €1,911 | -€640 | -25.1% |
| Remuneration and social security | 454/9 | €1,775 | €1,785 | +€10 | +0.6% |
| Other amounts payable | 47/48 | €8,227 | €2,971 | -€5,256 | -63.9% |
| Remuneration, social security and pensions | 62 | €27,573 | €27,575 | +€2 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,469 | €5,467 | -€10,002 | -64.7% |
| Other operating charges | 640/8 | €2,449 | €4,289 | +€1,840 | +75.1% |
| Gross operating margin | 9900 | €50,804 | €47,450 | -€3,353 | -6.6% |
| Operating profit (loss) | 9901 | €5,312 | €10,119 | +€4,807 | +90.5% |
| Financial income | 75/76B | €125 | €95 | -€30 | -24.2% |
| Recurring financial income | 75 | €125 | €95 | -€30 | -24.2% |
| Financial charges | 65/66B | €465 | €604 | +€138 | +29.7% |
| Recurring financial charges | 65 | €465 | €604 | +€138 | +29.7% |
| Profit (loss) for the period before taxes | 9903 | €4,972 | €9,610 | +€4,638 | +93.3% |
| Income taxes | 67/77 | €1,167 | €2,864 | +€1,697 | +145% |
| Profit (loss) for the period | 9904 | €3,805 | €6,746 | +€2,941 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,805 | €6,746 | +€2,941 | +77.3% |
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 25 October 2026 via checked.be.