Stylecat: 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.
Stylecat
Largest movements
- Receivables within one year -€78,388
down €78,388 (-14.7%), from €534,458 to €456,070
- Cash -€40,934
down €40,934 (-98.7%), from €41,460 to €526
mainly Short-term financial debts (-€75,310) and Tax, wage and social debts (-€47,585)
- Short-term financial debts -€75,310
down €75,310 (-75.3%), from €100,000 to €24,690
- Tax, wage and social debts -€47,585
down €47,585 (-99.1%), from €48,010 to €425
- Trade debts +€19,845
up €19,845 (+48.1%), from €41,292 to €61,137
- Profit (loss) carried forward -€19,354
down €19,354, from €1,094 to -€18,261
- Financial income -€221,080
down €221,080 (-96.5%), from €229,119 to €8,039
- Gross operating margin -€77,108
down €77,108, from €60,670 to -€16,439
- Taxes -€38,427
down €38,427 (-98.9%), from €38,844 to €417
- Financial charges +€4,115
up €4,115 (+104%), from €3,957 to €8,072
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 | €605,248 | €484,944 | -€120,304 | -19.9% |
| Fixed assets | 21/28 | €27,530 | €27,530 | = | 0.0% |
| Financial fixed assets | 28 | €27,530 | €27,530 | = | 0.0% |
| Current assets | 29/58 | €577,718 | €457,414 | -€120,304 | -20.8% |
| Amounts receivable within one year | 40/41 | €534,458 | €456,070 | -€78,388 | -14.7% |
| Other amounts receivable | 41 | €534,458 | €456,070 | -€78,388 | -14.7% |
| Cash at bank and in hand | 54/58 | €41,460 | €526 | -€40,934 | -98.7% |
| Deferred charges and accrued income | 490/1 | €1,800 | €818 | -€982 | -54.5% |
| Total equity and liabilities | 10/49 | €605,248 | €484,944 | -€120,304 | -19.9% |
| Equity | 10/15 | €405,946 | €386,591 | -€19,354 | -4.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €386,260 | €386,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €383,760 | €383,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,094 | -€18,261 | -€19,354 | |
| Amounts payable | 17/49 | €199,302 | €98,353 | -€100,950 | -50.7% |
| Amounts payable within one year | 42/48 | €199,302 | €98,353 | -€100,950 | -50.7% |
| Financial debts | 43 | €100,000 | €24,690 | -€75,310 | -75.3% |
| Credit institutions | 430/8 | €100,000 | €24,690 | -€75,310 | -75.3% |
| Trade debts | 44 | €41,292 | €61,137 | +€19,845 | +48.1% |
| Suppliers | 440/4 | €41,292 | €61,137 | +€19,845 | +48.1% |
| Advances received on contracts in progress | 46 | €10,000 | €12,100 | +€2,100 | +21.0% |
| Taxes, remuneration and social security | 45 | €48,010 | €425 | -€47,585 | -99.1% |
| Taxes | 450/3 | €48,010 | €425 | -€47,585 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76 | - | -€76 | |
| Other operating charges | 640/8 | €2,201 | €2,465 | +€265 | +12.0% |
| Gross operating margin | 9900 | €60,670 | -€16,439 | -€77,108 | |
| Operating profit (loss) | 9901 | €58,393 | -€18,904 | -€77,297 | |
| Financial income | 75/76B | €229,119 | €8,039 | -€221,080 | -96.5% |
| Recurring financial income | 75 | €229,119 | €8,039 | -€221,080 | -96.5% |
| Financial charges | 65/66B | €3,957 | €8,072 | +€4,115 | +104% |
| Recurring financial charges | 65 | €3,957 | €8,072 | +€4,115 | +104% |
| Profit (loss) for the period before taxes | 9903 | €283,555 | -€18,937 | -€302,492 | |
| Income taxes | 67/77 | €38,844 | €417 | -€38,427 | -98.9% |
| Profit (loss) for the period | 9904 | €244,710 | -€19,354 | -€264,065 | |
| Profit (loss) for the period to be appropriated | 9905 | €244,710 | -€19,354 | -€264,065 |
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 22 October 2026 via checked.be.