STYLINGER: what changed
Two fiscal 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.
STYLINGER
Largest movements
- Stocks and contracts +€167,000
up €167,000 (+277.1%), from €60,270 to €227,270
- Receivables within one year -€29,438
down €29,438 (-44.3%), from €66,463 to €37,025
of which Trade receivables: -€29,792
- Tangible fixed assets -€3,722
down €3,722 (-27.0%), from €13,800 to €10,078
- Cash +€3,588
up €3,588 (+370.8%), from €968 to €4,556
mainly Trade debts (+€182,444) and Receivables within one year (+€29,438)
- Trade debts +€182,444
up €182,444 (+446.6%), from €40,854 to €223,298
- Advances received -€31,188
no longer reported in 2023 (was €31,188)
- Other debts -€16,252
down €16,252 (-45.4%), from €35,836 to €19,584
- Turnover +€193,164
new in 2023: €193,164
- Purchases and services +€140,530
new in 2023: €140,530
- Staff costs +€18,930
up €18,930 (+72.3%), from €26,175 to €45,104
- Gross operating margin +€14,637
up €14,637 (+38.5%), from €37,997 to €52,634
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €141,501 | €278,929 | +€137,428 | +97.1% |
| Fixed assets | 21/28 | €13,800 | €10,078 | -€3,722 | -27.0% |
| Tangible fixed assets | 22/27 | €13,800 | €10,078 | -€3,722 | -27.0% |
| Furniture and vehicles | 24 | €13,800 | €10,078 | -€3,722 | -27.0% |
| Current assets | 29/58 | €127,701 | €268,851 | +€141,151 | +110.5% |
| Stocks and contracts in progress | 3 | €60,270 | €227,270 | +€167,000 | +277.1% |
| Stocks | 30/36 | €60,270 | €227,270 | +€167,000 | +277.1% |
| Amounts receivable within one year | 40/41 | €66,463 | €37,025 | -€29,438 | -44.3% |
| Trade receivables | 40 | €66,463 | €36,671 | -€29,792 | -44.8% |
| Other amounts receivable | 41 | - | €354 | +€354 | |
| Cash at bank and in hand | 54/58 | €968 | €4,556 | +€3,588 | +370.8% |
| Total equity and liabilities | 10/49 | €141,501 | €278,929 | +€137,428 | +97.1% |
| Equity | 10/15 | -€1,357 | €621 | +€1,978 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,357 | -€19,379 | +€1,978 | +9.3% |
| Amounts payable | 17/49 | €142,858 | €278,308 | +€135,451 | +94.8% |
| Amounts payable within one year | 42/48 | €142,858 | €278,308 | +€135,451 | +94.8% |
| Trade debts | 44 | €40,854 | €223,298 | +€182,444 | +446.6% |
| Suppliers | 440/4 | €40,854 | €223,298 | +€182,444 | +446.6% |
| Advances received on contracts in progress | 46 | €31,188 | - | -€31,188 | |
| Taxes, remuneration and social security | 45 | €34,980 | €35,426 | +€446 | +1.3% |
| Taxes | 450/3 | €30,168 | €22,980 | -€7,189 | -23.8% |
| Remuneration and social security | 454/9 | €4,812 | €12,447 | +€7,635 | +158.7% |
| Other amounts payable | 47/48 | €35,836 | €19,584 | -€16,252 | -45.4% |
| Turnover | 70 | - | €193,164 | +€193,164 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €140,530 | +€140,530 | |
| Remuneration, social security and pensions | 62 | €26,175 | €45,104 | +€18,930 | +72.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,600 | €3,722 | -€878 | -19.1% |
| Other operating charges | 640/8 | €1,680 | €1,499 | -€182 | -10.8% |
| Gross operating margin | 9900 | €37,997 | €52,634 | +€14,637 | +38.5% |
| Operating profit (loss) | 9901 | €5,542 | €2,309 | -€3,233 | -58.3% |
| Financial charges | 65/66B | €161 | €331 | +€170 | +106.2% |
| Recurring financial charges | 65 | €161 | €331 | +€170 | +106.2% |
| Profit (loss) for the period before taxes | 9903 | €5,381 | €1,978 | -€3,403 | -63.2% |
| Income taxes | 67/77 | €337 | - | -€337 | |
| Profit (loss) for the period | 9904 | €5,045 | €1,978 | -€3,067 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,045 | €1,978 | -€3,067 | -60.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.