STYLEPHARMA: 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.
STYLEPHARMA
Largest movements
- Current investments +€24,433
new in 2025: €24,433
- Cash -€22,906
down €22,906 (-19.4%), from €118,331 to €95,425
mainly Contributions, distributions and other (-€45,000) and Current investments (-€24,433)
- Receivables within one year +€17,088
up €17,088 (+18.9%), from €90,643 to €107,731
of which Trade receivables: +€26,745
- Stocks and contracts +€16,972
up €16,972 (+15.4%), from €110,058 to €127,030
- Receivables after one year -€15,293
down €15,293 (-26.7%), from €57,321 to €42,028
- Debts after one year -€21,023
down €21,023 (-24.0%), from €87,504 to €66,481
- Other debts +€19,442
up €19,442 (+39.5%), from €49,256 to €68,699
- Reserves +€18,500
up €18,500 (+8.4%), from €219,700 to €238,200
- Tax, wage and social debts -€10,685
down €10,685 (-39.5%), from €27,037 to €16,351
of which Taxes: -€13,208
- Turnover +€90,171
up €90,171 (+12.5%), from €722,181 to €812,351
- Purchases and services +€71,661
up €71,661 (+12.9%), from €555,720 to €627,381
- Financial charges +€29,130
up €29,130 (+66.1%), from €44,083 to €73,214
- Gross operating margin +€24,845
up €24,845 (+11.7%), from €212,523 to €237,368
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 | €492,965 | €503,082 | +€10,117 | +2.1% |
| Fixed assets | 21/28 | €116,612 | €106,435 | -€10,177 | -8.7% |
| Intangible fixed assets | 21 | €8,656 | - | -€8,656 | |
| Tangible fixed assets | 22/27 | €107,956 | €106,435 | -€1,521 | -1.4% |
| Land and buildings | 22 | €99,254 | €93,848 | -€5,406 | -5.4% |
| Plant, machinery and equipment | 23 | €55 | - | -€55 | |
| Furniture and vehicles | 24 | €8,647 | €12,587 | +€3,940 | +45.6% |
| Current assets | 29/58 | €376,353 | €396,647 | +€20,294 | +5.4% |
| Amounts receivable after more than one year | 29 | €57,321 | €42,028 | -€15,293 | -26.7% |
| Other amounts receivable | 291 | €57,321 | €42,028 | -€15,293 | -26.7% |
| Stocks and contracts in progress | 3 | €110,058 | €127,030 | +€16,972 | +15.4% |
| Stocks | 30/36 | €110,058 | €127,030 | +€16,972 | +15.4% |
| Amounts receivable within one year | 40/41 | €90,643 | €107,731 | +€17,088 | +18.9% |
| Trade receivables | 40 | €56,935 | €83,680 | +€26,745 | +47.0% |
| Other amounts receivable | 41 | €33,708 | €24,050 | -€9,657 | -28.6% |
| Current investments | 50/53 | - | €24,433 | +€24,433 | |
| Cash at bank and in hand | 54/58 | €118,331 | €95,425 | -€22,906 | -19.4% |
| Total equity and liabilities | 10/49 | €492,965 | €503,082 | +€10,117 | +2.1% |
| Equity | 10/15 | €307,605 | €326,939 | +€19,334 | +6.3% |
| Revaluation surpluses | 12 | €49,251 | €49,251 | = | 0.0% |
| Reserves | 13 | €219,700 | €238,200 | +€18,500 | +8.4% |
| Distributable reserves | 133 | €219,700 | €238,200 | +€18,500 | +8.4% |
| Profit (loss) carried forward | 14 | €38,653 | €39,487 | +€834 | +2.2% |
| Amounts payable | 17/49 | €185,360 | €176,143 | -€9,217 | -5.0% |
| Amounts payable after more than one year | 17 | €87,504 | €66,481 | -€21,023 | -24.0% |
| Financial debts | 170/4 | €87,504 | €66,481 | -€21,023 | -24.0% |
| Amounts payable within one year | 42/48 | €97,856 | €109,663 | +€11,806 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €18,269 | €17,513 | -€756 | -4.1% |
| Trade debts | 44 | €3,295 | €7,100 | +€3,806 | +116% |
| Suppliers | 440/4 | €3,295 | €7,100 | +€3,806 | +116% |
| Taxes, remuneration and social security | 45 | €27,037 | €16,351 | -€10,685 | -39.5% |
| Taxes | 450/3 | €24,058 | €10,850 | -€13,208 | -54.9% |
| Remuneration and social security | 454/9 | €2,978 | €5,501 | +€2,523 | +84.7% |
| Other amounts payable | 47/48 | €49,256 | €68,699 | +€19,442 | +39.5% |
| Turnover | 70 | €722,181 | €812,351 | +€90,171 | +12.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €555,720 | €627,381 | +€71,661 | +12.9% |
| Remuneration, social security and pensions | 62 | €45,359 | €46,950 | +€1,590 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,310 | €20,182 | -€127 | -0.6% |
| Other operating charges | 640/8 | €3,871 | €2,368 | -€1,503 | -38.8% |
| Non-recurring operating charges | 66A | €463 | €386 | -€78 | -16.8% |
| Gross operating margin | 9900 | €212,523 | €237,368 | +€24,845 | +11.7% |
| Operating profit (loss) | 9901 | €142,520 | €167,482 | +€24,963 | +17.5% |
| Financial income | 75/76B | €2,474 | €870 | -€1,604 | -64.8% |
| Recurring financial income | 75 | €2,474 | €870 | -€1,604 | -64.8% |
| Financial charges | 65/66B | €44,083 | €73,214 | +€29,130 | +66.1% |
| Recurring financial charges | 65 | €44,083 | €73,214 | +€29,130 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | €100,910 | €95,138 | -€5,772 | -5.7% |
| Income taxes | 67/77 | €26,733 | €30,804 | +€4,071 | +15.2% |
| Profit (loss) for the period | 9904 | €74,177 | €64,334 | -€9,843 | -13.3% |
| Transfer from tax-exempt reserves | 789 | €46,500 | - | -€46,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €120,677 | €64,334 | -€56,343 | -46.7% |
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 19 October 2026 via checked.be.