STYLE SCOOP: 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 SCOOP
Largest movements
- Receivables within one year +€30,685
up €30,685 (+9,512%), from €323 to €31,007
of which Other amounts receivable: +€17,811
- Cash -€21,517
down €21,517 (-26.7%), from €80,493 to €58,977
mainly Debts after one year (-€54,375) and Investment in fixed assets (net) (-€34,000)
- Tangible fixed assets -€21,257
down €21,257 (-4.6%), from €461,945 to €440,688
- Debts after one year -€54,375
down €54,375 (-13.6%), from €398,691 to €344,315
- Profit (loss) carried forward +€28,037
up €28,037 (+31.8%), from €88,259 to €116,296
- Gross operating margin +€7,955
up €7,955 (+8.4%), from €94,765 to €102,721
- Depreciation +€1,239
up €1,239 (+2.3%), from €54,018 to €55,257
- Financial income -€1,212
down €1,212 (-40.6%), from €2,987 to €1,775
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 | €651,013 | €633,543 | -€17,470 | -2.7% |
| Fixed assets | 21/28 | €461,945 | €440,688 | -€21,257 | -4.6% |
| Tangible fixed assets | 22/27 | €461,945 | €440,688 | -€21,257 | -4.6% |
| Land and buildings | 22 | €461,945 | €440,688 | -€21,257 | -4.6% |
| Current assets | 29/58 | €189,068 | €192,855 | +€3,787 | +2.0% |
| Amounts receivable within one year | 40/41 | €323 | €31,007 | +€30,685 | +9,512% |
| Trade receivables | 40 | - | €12,874 | +€12,874 | |
| Other amounts receivable | 41 | €323 | €18,134 | +€17,811 | +5,521% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €80,493 | €58,977 | -€21,517 | -26.7% |
| Deferred charges and accrued income | 490/1 | €8,252 | €2,871 | -€5,381 | -65.2% |
| Total equity and liabilities | 10/49 | €651,013 | €633,543 | -€17,470 | -2.7% |
| Equity | 10/15 | €198,259 | €226,296 | +€28,037 | +14.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,259 | €116,296 | +€28,037 | +31.8% |
| Amounts payable | 17/49 | €452,754 | €407,247 | -€45,507 | -10.1% |
| Amounts payable after more than one year | 17 | €398,691 | €344,315 | -€54,375 | -13.6% |
| Financial debts | 170/4 | €398,691 | €344,315 | -€54,375 | -13.6% |
| Amounts payable within one year | 42/48 | €54,063 | €62,932 | +€8,868 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €53,550 | €54,375 | +€826 | +1.5% |
| Trade debts | 44 | - | €6,291 | +€6,291 | |
| Suppliers | 440/4 | - | €6,291 | +€6,291 | |
| Taxes, remuneration and social security | 45 | €514 | €2,266 | +€1,752 | +341% |
| Taxes | 450/3 | €514 | €2,266 | +€1,752 | +341% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,018 | €55,257 | +€1,239 | +2.3% |
| Other operating charges | 640/8 | €6,467 | €6,087 | -€379 | -5.9% |
| Gross operating margin | 9900 | €94,765 | €102,721 | +€7,955 | +8.4% |
| Operating profit (loss) | 9901 | €34,281 | €41,376 | +€7,095 | +20.7% |
| Financial income | 75/76B | €2,987 | €1,775 | -€1,212 | -40.6% |
| Recurring financial income | 75 | €2,987 | €1,775 | -€1,212 | -40.6% |
| Financial charges | 65/66B | €7,629 | €6,830 | -€799 | -10.5% |
| Recurring financial charges | 65 | €7,629 | €6,830 | -€799 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €29,639 | €36,321 | +€6,683 | +22.5% |
| Income taxes | 67/77 | €7,410 | €8,285 | +€875 | +11.8% |
| Profit (loss) for the period | 9904 | €22,229 | €28,037 | +€5,808 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,229 | €28,037 | +€5,808 | +26.1% |
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 18 October 2026 via checked.be.