STYLES EN STEEL: what changed
What changed
STYLES EN STEEL
NACE 25.401, Forging of metal
filed annual accounts (NBB)
Net result for the year
-€674
2024 · €12,997-€13,671
Equity
€202,993
2024 · €204,579-€1,587
Cash
€15,961
2024 · €101,970-€86,009
Balance sheet total
€284,848
2024 · €294,696-€9,848
Largest movements
Assets
- Cash -€86,009
down €86,009 (-84.3%), from €101,970 to €15,961
mainly Investment in fixed assets (net) (-€93,286) and Debts after one year (-€10,051)
- Tangible fixed assets +€72,826
up €72,826 (+73.9%), from €98,552 to €171,379
of which Land and buildings: +€89,518
- Receivables within one year +€4,318
up €4,318 (+8.5%), from €50,569 to €54,888
of which Trade receivables: +€3,746
Equity and liabilities
- Debts after one year -€10,051
down €10,051 (-100%), from €10,051 to €0
- Other debts +€5,383
up €5,383 (+12.6%), from €42,827 to €48,210
- Tax, wage and social debts -€4,293
down €4,293 (-73.3%), from €5,858 to €1,565
of which Taxes: -€4,293
Income statement
- Gross operating margin -€19,261
down €19,261 (-42.6%), from €45,205 to €25,944
- Taxes -€5,455
down €5,455 (-100%), from €5,455 to €0
- Other operating charges -€522
down €522 (-17.9%), from €2,917 to €2,395
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€12,997
Gross operating margin
-€19,261
Staff costs
-€21
Depreciation
+€25
Other operating charges
+€522
Financial income
-€160
Financial charges
-€231
Taxes
+€5,455
Result 2025
-€674
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€18,928
Investment
-€93,286
Financing
-€11,652
Cash 2024
€101,970
From operations (derived)
+€18,928
Net result for the year
-€674
Depreciation
+€20,509
Stocks and contracts
+€916
Receivables within one year
-€4,318
Deferred charges and accrued income
+€18
Trade debts
+€851
Tax, wage and social debts
-€4,293
Other debts
+€5,383
Accrued charges and deferred income
+€536
Investment (derived)
-€93,286
Investment in fixed assets (net)
-€93,286
Financing
-€11,652
Debts after one year
-€10,051
Current portion of long-term debt
-€688
Contributions, distributions and other
-€913
Cash 2025
€15,961
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,696 | €284,848 | -€9,848 | -3.3% |
| Fixed assets | 21/28 | €98,671 | €171,447 | +€72,776 | +73.8% |
| Tangible fixed assets | 22/27 | €98,552 | €171,379 | +€72,826 | +73.9% |
| Land and buildings | 22 | €47,224 | €136,742 | +€89,518 | +190% |
| Plant, machinery and equipment | 23 | €16,863 | €8,793 | -€8,069 | -47.9% |
| Furniture and vehicles | 24 | €34,465 | €25,843 | -€8,622 | -25.0% |
| Financial fixed assets | 28 | €118 | €68 | -€50 | -42.3% |
| Current assets | 29/58 | €196,026 | €113,401 | -€82,625 | -42.1% |
| Stocks and contracts in progress | 3 | €41,146 | €40,230 | -€916 | -2.2% |
| Stocks | 30/36 | €41,146 | €40,230 | -€916 | -2.2% |
| Amounts receivable within one year | 40/41 | €50,569 | €54,888 | +€4,318 | +8.5% |
| Trade receivables | 40 | €48,094 | €51,841 | +€3,746 | +7.8% |
| Other amounts receivable | 41 | €2,475 | €3,047 | +€572 | +23.1% |
| Cash at bank and in hand | 54/58 | €101,970 | €15,961 | -€86,009 | -84.3% |
| Deferred charges and accrued income | 490/1 | €2,340 | €2,322 | -€18 | -0.8% |
| Total equity and liabilities | 10/49 | €294,696 | €284,848 | -€9,848 | -3.3% |
| Equity | 10/15 | €204,579 | €202,993 | -€1,587 | -0.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €52,078 | €52,078 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €45,881 | €45,881 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,526 | €87,993 | -€1,533 | -1.7% |
| Investment grants | 15 | €1,001 | €948 | -€54 | -5.3% |
| Amounts payable | 17/49 | €90,117 | €81,855 | -€8,262 | -9.2% |
| Amounts payable after more than one year | 17 | €10,051 | €0 | -€10,051 | -100% |
| Financial debts | 170/4 | €10,051 | €0 | -€10,051 | -100% |
| Amounts payable within one year | 42/48 | €76,417 | €77,670 | +€1,253 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €10,739 | €10,051 | -€688 | -6.4% |
| Trade debts | 44 | €16,993 | €17,844 | +€851 | +5.0% |
| Suppliers | 440/4 | €16,993 | €17,844 | +€851 | +5.0% |
| Taxes, remuneration and social security | 45 | €5,858 | €1,565 | -€4,293 | -73.3% |
| Taxes | 450/3 | €5,858 | €1,565 | -€4,293 | -73.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €42,827 | €48,210 | +€5,383 | +12.6% |
| Accrued charges and deferred income | 492/3 | €3,649 | €4,185 | +€536 | +14.7% |
| Remuneration, social security and pensions | 62 | €19 | €41 | +€21 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,534 | €20,509 | -€25 | -0.1% |
| Other operating charges | 640/8 | €2,917 | €2,395 | -€522 | -17.9% |
| Gross operating margin | 9900 | €45,205 | €25,944 | -€19,261 | -42.6% |
| Operating profit (loss) | 9901 | €21,735 | €3,000 | -€18,735 | -86.2% |
| Financial income | 75/76B | €234 | €74 | -€160 | -68.5% |
| Recurring financial income | 75 | €234 | €74 | -€160 | -68.5% |
| Financial charges | 65/66B | €3,517 | €3,748 | +€231 | +6.6% |
| Recurring financial charges | 65 | €3,517 | €3,748 | +€231 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €18,452 | -€674 | -€19,126 | |
| Income taxes | 67/77 | €5,455 | €0 | -€5,455 | -100% |
| Profit (loss) for the period | 9904 | €12,997 | -€674 | -€13,671 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,997 | -€674 | -€13,671 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.