Styling Invest: 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.
What changed
Styling Invest
NACE 47.711, Retail sale of women's outerwear
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€1,335
2023 · €5,259-€3,924
Equity
€23,361
2023 · €22,026+€1,335
Cash
€11,551
2023 · €11,115+€436
Balance sheet total
€503,941
2023 · €622,278-€118,337
Largest movements
Assets
- Stocks and contracts -€88,076
down €88,076 (-18.3%), from €480,939 to €392,863
of which Stocks: -€86,712
- Receivables within one year -€25,683
down €25,683 (-26.2%), from €98,138 to €72,454
of which Trade receivables: -€20,736
Equity and liabilities
- Other debts -€72,283
down €72,283 (-17.7%), from €409,485 to €337,202
- Trade debts -€34,676
down €34,676 (-34.3%), from €101,168 to €66,493
- Debts after one year -€11,685
down €11,685 (-21.8%), from €53,612 to €41,927
Income statement
- Write-downs +€72,500
new in 2024: €72,500
- Gross operating margin +€66,429
up €66,429 (+279%), from €23,767 to €90,197
- Financial charges -€3,391
down €3,391 (-33.7%), from €10,051 to €6,660
- Other operating charges +€1,517
up €1,517 (+83.4%), from €1,819 to €3,336
- Taxes -€1,452
down €1,452, from €1,326 to -€126
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.
Result 2023
€5,259
Gross operating margin
+€66,429
Staff costs
-€989
Depreciation
-€296
Write-downs
-€72,500
Other operating charges
-€1,517
Financial income
+€105
Financial charges
+€3,391
Taxes
+€1,452
Result 2024
€1,335
raises the resultlowers the result
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.
From operations
+€14,203
Investment
-€1,474
Financing
-€12,294
Cash 2023
€11,115
From operations (derived)
+€14,203
Net result for the year
+€1,335
Depreciation
+€6,610
Stocks and contracts
+€88,076
Receivables within one year
+€25,683
Deferred charges and accrued income
-€123
Trade debts
-€34,676
Tax, wage and social debts
-€2,920
Other debts
-€72,283
Accrued charges and deferred income
+€2,500
Investment (derived)
-€1,474
Investment in fixed assets (net)
-€1,474
Financing
-€12,294
Debts after one year
-€11,685
Current portion of long-term debt
+€2,916
Short-term financial debts
-€3,525
Cash 2024
€11,551
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,278 | €503,941 | -€118,337 | -19.0% |
| Fixed assets | 21/28 | €31,931 | €26,795 | -€5,137 | -16.1% |
| Tangible fixed assets | 22/27 | €31,531 | €26,795 | -€4,737 | -15.0% |
| Plant, machinery and equipment | 23 | €5,141 | €3,427 | -€1,714 | -33.3% |
| Furniture and vehicles | 24 | - | €1,767 | +€1,767 | |
| Other tangible fixed assets | 26 | €26,390 | €21,600 | -€4,790 | -18.2% |
| Financial fixed assets | 28 | €400 | - | -€400 | |
| Current assets | 29/58 | €590,347 | €477,146 | -€113,200 | -19.2% |
| Stocks and contracts in progress | 3 | €480,939 | €392,863 | -€88,076 | -18.3% |
| Stocks | 30/36 | €466,536 | €379,824 | -€86,712 | -18.6% |
| Contracts in progress | 37 | €14,403 | €13,039 | -€1,364 | -9.5% |
| Amounts receivable within one year | 40/41 | €98,138 | €72,454 | -€25,683 | -26.2% |
| Trade receivables | 40 | €92,418 | €71,682 | -€20,736 | -22.4% |
| Other amounts receivable | 41 | €5,720 | €772 | -€4,947 | -86.5% |
| Cash at bank and in hand | 54/58 | €11,115 | €11,551 | +€436 | +3.9% |
| Deferred charges and accrued income | 490/1 | €155 | €278 | +€123 | +79.2% |
| Total equity and liabilities | 10/49 | €622,278 | €503,941 | -€118,337 | -19.0% |
| Equity | 10/15 | €22,026 | €23,361 | +€1,335 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,566 | €2,901 | +€1,335 | +85.3% |
| Amounts payable | 17/49 | €600,252 | €480,579 | -€119,672 | -19.9% |
| Amounts payable after more than one year | 17 | €53,612 | €41,927 | -€11,685 | -21.8% |
| Financial debts | 170/4 | €53,612 | €41,927 | -€11,685 | -21.8% |
| Amounts payable within one year | 42/48 | €546,640 | €436,153 | -€110,487 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €15,896 | €18,812 | +€2,916 | +18.3% |
| Financial debts | 43 | €15,220 | €11,695 | -€3,525 | -23.2% |
| Credit institutions | 430/8 | €15,220 | €11,695 | -€3,525 | -23.2% |
| Trade debts | 44 | €101,168 | €66,493 | -€34,676 | -34.3% |
| Suppliers | 440/4 | €101,168 | €66,493 | -€34,676 | -34.3% |
| Taxes, remuneration and social security | 45 | €4,871 | €1,951 | -€2,920 | -59.9% |
| Taxes | 450/3 | €3,117 | €1,951 | -€1,166 | -37.4% |
| Remuneration and social security | 454/9 | €1,754 | - | -€1,754 | |
| Other amounts payable | 47/48 | €409,485 | €337,202 | -€72,283 | -17.7% |
| Accrued charges and deferred income | 492/3 | - | €2,500 | +€2,500 | |
| Remuneration, social security and pensions | 62 | -€989 | - | +€989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,315 | €6,610 | +€296 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €72,500 | +€72,500 | |
| Other operating charges | 640/8 | €1,819 | €3,336 | +€1,517 | +83.4% |
| Gross operating margin | 9900 | €23,767 | €90,197 | +€66,429 | +279% |
| Operating profit (loss) | 9901 | €16,623 | €7,750 | -€8,873 | -53.4% |
| Financial income | 75/76B | €14 | €119 | +€105 | +760% |
| Recurring financial income | 75 | €14 | €119 | +€105 | +760% |
| Financial charges | 65/66B | €10,051 | €6,660 | -€3,391 | -33.7% |
| Recurring financial charges | 65 | €10,051 | €6,660 | -€3,391 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €6,585 | €1,209 | -€5,376 | -81.6% |
| Income taxes | 67/77 | €1,326 | -€126 | -€1,452 | |
| Profit (loss) for the period | 9904 | €5,259 | €1,335 | -€3,924 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,259 | €1,335 | -€3,924 | -74.6% |
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 22 October 2026 via checked.be.