STYLE WORKS: 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 WORKS
Largest movements
- Receivables within one year +€68,222
up €68,222 (+160%), from €42,649 to €110,871
of which Other amounts receivable: +€45,966
- Cash +€1,235
up €1,235 (+189%), from €654 to €1,889
mainly Trade debts (+€39,414) and Net result for the year (+€33,809)
- Trade debts +€39,414
up €39,414 (+724%), from €5,444 to €44,858
- Profit (loss) carried forward +€33,809
up €33,809 (+379%), from €8,930 to €42,740
- Other debts -€7,249
no longer reported in 2024 (was €7,249)
- Tax, wage and social debts +€3,482
up €3,482 (+17.3%), from €20,180 to €23,662
- Gross operating margin +€27,468
up €27,468 (+198%), from €13,872 to €41,341
- Taxes +€6,220
up €6,220 (+279%), from €2,233 to €8,452
- Financial income +€3,984
new in 2024: €3,984
- Financial charges +€2,532
up €2,532 (+1,120%), from €226 to €2,758
- Other operating charges -€2,178
down €2,178 (-87.7%), from €2,483 to €305
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,303 | €112,760 | +€69,456 | +160% |
| Current assets | 29/58 | €43,303 | €112,760 | +€69,456 | +160% |
| Amounts receivable within one year | 40/41 | €42,649 | €110,871 | +€68,222 | +160% |
| Trade receivables | 40 | €40,810 | €63,066 | +€22,256 | +54.5% |
| Other amounts receivable | 41 | €1,840 | €47,805 | +€45,966 | +2,498% |
| Cash at bank and in hand | 54/58 | €654 | €1,889 | +€1,235 | +189% |
| Total equity and liabilities | 10/49 | €43,303 | €112,760 | +€69,456 | +160% |
| Equity | 10/15 | €10,430 | €44,240 | +€33,809 | +324% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,930 | €42,740 | +€33,809 | +379% |
| Amounts payable | 17/49 | €32,873 | €68,520 | +€35,647 | +108% |
| Amounts payable within one year | 42/48 | €32,873 | €68,520 | +€35,647 | +108% |
| Trade debts | 44 | €5,444 | €44,858 | +€39,414 | +724% |
| Suppliers | 440/4 | €5,444 | €44,858 | +€39,414 | +724% |
| Taxes, remuneration and social security | 45 | €20,180 | €23,662 | +€3,482 | +17.3% |
| Taxes | 450/3 | €20,180 | €23,662 | +€3,482 | +17.3% |
| Other amounts payable | 47/48 | €7,249 | - | -€7,249 | |
| Other operating charges | 640/8 | €2,483 | €305 | -€2,178 | -87.7% |
| Gross operating margin | 9900 | €13,872 | €41,341 | +€27,468 | +198% |
| Operating profit (loss) | 9901 | €11,389 | €41,036 | +€29,646 | +260% |
| Financial income | 75/76B | - | €3,984 | +€3,984 | |
| Recurring financial income | 75 | - | €3,984 | +€3,984 | |
| Financial charges | 65/66B | €226 | €2,758 | +€2,532 | +1,120% |
| Recurring financial charges | 65 | €226 | €2,758 | +€2,532 | +1,120% |
| Profit (loss) for the period before taxes | 9903 | €11,163 | €42,262 | +€31,099 | +279% |
| Income taxes | 67/77 | €2,233 | €8,452 | +€6,220 | +279% |
| Profit (loss) for the period | 9904 | €8,930 | €33,809 | +€24,879 | +279% |
| Profit (loss) for the period to be appropriated | 9905 | €8,930 | €33,809 | +€24,879 | +279% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.