STYLE PRODUCT: 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 PRODUCT
Largest movements
- Cash -€20,420
down €20,420 (-54.0%), from €37,826 to €17,406
mainly Net result for the year (-€12,649) and Receivables within one year (-€11,968)
- Receivables within one year +€11,968
up €11,968 (+19.0%), from €63,074 to €75,042
of which Other amounts receivable: +€9,446
- Deferred charges and accrued income -€2,631
down €2,631 (-55.2%), from €4,766 to €2,135
- Profit (loss) carried forward -€12,649
down €12,649 (-23.1%), from €54,844 to €42,196
- Tax, wage and social debts +€6,648
up €6,648 (+78.3%), from €8,490 to €15,138
- Trade debts -€4,892
down €4,892 (-14.8%), from €33,127 to €28,235
- Gross operating margin -€60,622
down €60,622, from €59,562 to -€1,059
- Taxes -€12,441
down €12,441 (-95.7%), from €12,995 to €554
- Other operating charges -€10,103
down €10,103 (-64.1%), from €15,755 to €5,651
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 | €116,103 | €105,653 | -€10,450 | -9.0% |
| Fixed assets | 21/28 | €10,437 | €11,070 | +€633 | +6.1% |
| Tangible fixed assets | 22/27 | €7,599 | €8,233 | +€633 | +8.3% |
| Plant, machinery and equipment | 23 | €5,611 | €8,232 | +€2,622 | +46.7% |
| Furniture and vehicles | 24 | €1,136 | - | -€1,136 | |
| Leasing and similar rights | 25 | €853 | €0 | -€853 | -100.0% |
| Financial fixed assets | 28 | €2,838 | €2,838 | = | 0.0% |
| Current assets | 29/58 | €105,667 | €94,583 | -€11,083 | -10.5% |
| Amounts receivable within one year | 40/41 | €63,074 | €75,042 | +€11,968 | +19.0% |
| Trade receivables | 40 | €63,074 | €65,597 | +€2,523 | +4.0% |
| Other amounts receivable | 41 | - | €9,446 | +€9,446 | |
| Cash at bank and in hand | 54/58 | €37,826 | €17,406 | -€20,420 | -54.0% |
| Deferred charges and accrued income | 490/1 | €4,766 | €2,135 | -€2,631 | -55.2% |
| Total equity and liabilities | 10/49 | €116,103 | €105,653 | -€10,450 | -9.0% |
| Equity | 10/15 | €74,376 | €61,727 | -€12,649 | -17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €932 | €932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €932 | €932 | = | 0.0% |
| Reserves not available under the articles | 1311 | €932 | €932 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,844 | €42,196 | -€12,649 | -23.1% |
| Amounts payable | 17/49 | €41,728 | €43,926 | +€2,199 | +5.3% |
| Amounts payable within one year | 42/48 | €41,728 | €43,926 | +€2,199 | +5.3% |
| Trade debts | 44 | €33,127 | €28,235 | -€4,892 | -14.8% |
| Suppliers | 440/4 | €33,127 | €28,235 | -€4,892 | -14.8% |
| Taxes, remuneration and social security | 45 | €8,490 | €15,138 | +€6,648 | +78.3% |
| Taxes | 450/3 | €8,490 | €15,138 | +€6,648 | +78.3% |
| Other amounts payable | 47/48 | €110 | €554 | +€443 | +401% |
| Remuneration, social security and pensions | 62 | €312 | - | -€312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,579 | €2,967 | +€388 | +15.0% |
| Other operating charges | 640/8 | €15,755 | €5,651 | -€10,103 | -64.1% |
| Non-recurring operating charges | 66A | - | €1,817 | +€1,817 | |
| Gross operating margin | 9900 | €59,562 | -€1,059 | -€60,622 | |
| Operating profit (loss) | 9901 | €40,917 | -€11,495 | -€52,412 | |
| Financial income | 75/76B | €1 | €200 | +€200 | +39,914% |
| Recurring financial income | 75 | €1 | €200 | +€200 | +39,914% |
| Financial charges | 65/66B | €989 | €799 | -€190 | -19.2% |
| Recurring financial charges | 65 | €989 | €799 | -€190 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €39,928 | -€12,094 | -€52,022 | |
| Income taxes | 67/77 | €12,995 | €554 | -€12,441 | -95.7% |
| Profit (loss) for the period | 9904 | €26,933 | -€12,649 | -€39,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,933 | -€12,649 | -€39,581 |
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 23 October 2026 via checked.be.