STYNEN CONSULTANCY: 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.
STYNEN CONSULTANCY
Largest movements
- Current investments -€157,500
down €157,500 (-19.2%), from €819,700 to €662,200
- Receivables within one year +€48,780
up €48,780 (+984.4%), from €4,955 to €53,735
of which Trade receivables: +€33,235
- Tangible fixed assets -€44,414
down €44,414 (-2.5%), from €1.8m to €1.8m
of which Land and buildings: -€42,596
- Debts after one year -€93,220
down €93,220 (-7.7%), from €1.2m to €1.1m
- Profit (loss) carried forward -€55,839
down €55,839 (-38.4%), from €145,474 to €89,635
- Trade debts -€37,235
down €37,235 (-70.6%), from €52,772 to €15,537
- Tax, wage and social debts +€28,584
up €28,584 (+88.1%), from €32,455 to €61,039
of which Taxes: +€30,905
- Gross operating margin -€299,321
down €299,321 (-77.3%), from €387,431 to €88,110
- Taxes -€98,226
down €98,226, from €98,222 to -€4
- Other operating charges +€14,847
up €14,847 (+131.8%), from €11,267 to €26,114
- Financial charges -€9,855
down €9,855 (-24.9%), from €39,645 to €29,790
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,661,509 | €2,489,347 | -€172,162 | -6.5% |
| Fixed assets | 21/28 | €1,796,646 | €1,752,231 | -€44,414 | -2.5% |
| Tangible fixed assets | 22/27 | €1,796,646 | €1,752,231 | -€44,414 | -2.5% |
| Land and buildings | 22 | €1,781,092 | €1,738,496 | -€42,596 | -2.4% |
| Plant, machinery and equipment | 23 | €0 | €3,839 | +€3,839 | |
| Furniture and vehicles | 24 | €15,554 | €9,896 | -€5,657 | -36.4% |
| Current assets | 29/58 | €864,863 | €737,115 | -€127,747 | -14.8% |
| Amounts receivable within one year | 40/41 | €4,955 | €53,735 | +€48,780 | +984.4% |
| Trade receivables | 40 | €0 | €33,235 | +€33,235 | |
| Other amounts receivable | 41 | €4,955 | €20,500 | +€15,545 | +313.7% |
| Current investments | 50/53 | €819,700 | €662,200 | -€157,500 | -19.2% |
| Cash at bank and in hand | 54/58 | €37,578 | €18,490 | -€19,087 | -50.8% |
| Deferred charges and accrued income | 490/1 | €2,630 | €2,690 | +€60 | +2.3% |
| Total equity and liabilities | 10/49 | €2,661,509 | €2,489,347 | -€172,162 | -6.5% |
| Equity | 10/15 | €1,171,188 | €1,112,050 | -€59,138 | -5.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,019,513 | €1,016,214 | -€3,299 | -0.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €105,653 | €102,354 | -€3,299 | -3.1% |
| Distributable reserves | 133 | €912,000 | €912,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,474 | €89,635 | -€55,839 | -38.4% |
| Provisions and deferred taxes | 16 | €54,403 | €52,705 | -€1,699 | -3.1% |
| Deferred taxes | 168 | €54,403 | €52,705 | -€1,699 | -3.1% |
| Amounts payable | 17/49 | €1,435,917 | €1,324,593 | -€111,325 | -7.8% |
| Amounts payable after more than one year | 17 | €1,213,887 | €1,120,668 | -€93,220 | -7.7% |
| Financial debts | 170/4 | €1,213,887 | €1,120,668 | -€93,220 | -7.7% |
| Amounts payable within one year | 42/48 | €222,030 | €203,925 | -€18,105 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | €91,452 | €93,220 | +€1,768 | +1.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €52,772 | €15,537 | -€37,235 | -70.6% |
| Suppliers | 440/4 | €52,772 | €15,537 | -€37,235 | -70.6% |
| Taxes, remuneration and social security | 45 | €32,455 | €61,039 | +€28,584 | +88.1% |
| Taxes | 450/3 | €30,134 | €61,039 | +€30,905 | +102.6% |
| Remuneration and social security | 454/9 | €2,321 | €0 | -€2,321 | -100.0% |
| Other amounts payable | 47/48 | €45,351 | €34,129 | -€11,222 | -24.7% |
| Non-recurring operating income | 76A | €136,753 | €0 | -€136,753 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,645 | €49,074 | -€2,571 | -5.0% |
| Other operating charges | 640/8 | €11,267 | €26,114 | +€14,847 | +131.8% |
| Gross operating margin | 9900 | €387,431 | €88,110 | -€299,321 | -77.3% |
| Operating profit (loss) | 9901 | €324,519 | €12,922 | -€311,597 | -96.0% |
| Financial income | 75/76B | €367 | €2 | -€365 | -99.5% |
| Recurring financial income | 75 | €367 | €2 | -€365 | -99.5% |
| Financial charges | 65/66B | €39,645 | €29,790 | -€9,855 | -24.9% |
| Recurring financial charges | 65 | €39,645 | €29,790 | -€9,855 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €285,241 | -€16,866 | -€302,107 | |
| Transfer from deferred taxes | 780 | €1,699 | €1,699 | = | 0.0% |
| Income taxes | 67/77 | €98,222 | -€4 | -€98,226 | |
| Profit (loss) for the period | 9904 | €188,718 | -€15,163 | -€203,881 | |
| Transfer from tax-exempt reserves | 789 | €3,299 | €3,299 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €192,017 | -€11,864 | -€203,881 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.