SYLVESTER STYLE: 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.
SYLVESTER STYLE
Largest movements
- Receivables within one year +€74,974
up €74,974, from €0 to €74,974
of which Trade receivables: +€71,182
- Tangible fixed assets +€3,695
up €3,695 (+134%), from €2,755 to €6,450
of which Furniture and vehicles: +€3,695
- Stocks and contracts -€3,556
down €3,556 (-100%), from €3,556 to €0
- Cash +€3,166
up €3,166 (+7.5%), from €42,225 to €45,391
mainly Net result for the year (+€74,657) and Tax, wage and social debts (+€15,741)
- Profit (loss) carried forward +€74,657
up €74,657, from -€63,677 to €10,980
- Trade debts -€18,306
down €18,306 (-74.3%), from €24,623 to €6,317
- Tax, wage and social debts +€15,741
up €15,741 (+283%), from €5,568 to €21,309
of which Remuneration and social security: +€13,400
- Other debts +€6,186
up €6,186 (+10.2%), from €60,456 to €66,641
- Gross operating margin +€103,311
up €103,311, from -€11,131 to €92,180
- Turnover +€69,336
up €69,336 (+35.3%), from €196,670 to €266,006
- Purchases and services -€33,824
down €33,824 (-16.3%), from €207,801 to €173,976
- Taxes +€3,269
new in 2024: €3,269
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,536 | €126,814 | +€78,278 | +161% |
| Fixed assets | 21/28 | €2,755 | €6,450 | +€3,695 | +134% |
| Tangible fixed assets | 22/27 | €2,755 | €6,450 | +€3,695 | +134% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,755 | €6,450 | +€3,695 | +134% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Current assets | 29/58 | €45,782 | €120,365 | +€74,583 | +163% |
| Stocks and contracts in progress | 3 | €3,556 | €0 | -€3,556 | -100% |
| Stocks | 30/36 | €3,556 | €0 | -€3,556 | -100% |
| Amounts receivable within one year | 40/41 | €0 | €74,974 | +€74,974 | |
| Trade receivables | 40 | €0 | €71,182 | +€71,182 | |
| Other amounts receivable | 41 | €0 | €3,791 | +€3,791 | |
| Cash at bank and in hand | 54/58 | €42,225 | €45,391 | +€3,166 | +7.5% |
| Total equity and liabilities | 10/49 | €48,536 | €126,814 | +€78,278 | +161% |
| Equity | 10/15 | -€43,768 | €30,889 | +€74,657 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,309 | €1,309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,309 | €1,309 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,309 | €1,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,677 | €10,980 | +€74,657 | |
| Amounts payable | 17/49 | €92,305 | €95,926 | +€3,621 | +3.9% |
| Amounts payable within one year | 42/48 | €92,305 | €95,926 | +€3,621 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €1,658 | €1,658 | = | 0.0% |
| Trade debts | 44 | €24,623 | €6,317 | -€18,306 | -74.3% |
| Suppliers | 440/4 | €24,623 | €6,317 | -€18,306 | -74.3% |
| Taxes, remuneration and social security | 45 | €5,568 | €21,309 | +€15,741 | +283% |
| Taxes | 450/3 | €1,258 | €3,599 | +€2,341 | +186% |
| Remuneration and social security | 454/9 | €4,310 | €17,710 | +€13,400 | +311% |
| Other amounts payable | 47/48 | €60,456 | €66,641 | +€6,186 | +10.2% |
| Turnover | 70 | €196,670 | €266,006 | +€69,336 | +35.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €207,801 | €173,976 | -€33,824 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,502 | €5,612 | -€890 | -13.7% |
| Other operating charges | 640/8 | €6,324 | €8,505 | +€2,181 | +34.5% |
| Gross operating margin | 9900 | -€11,131 | €92,180 | +€103,311 | |
| Operating profit (loss) | 9901 | -€23,957 | €78,063 | +€102,020 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €148 | €137 | -€11 | -7.6% |
| Recurring financial charges | 65 | €148 | €137 | -€11 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,105 | €77,926 | +€102,031 | |
| Income taxes | 67/77 | - | €3,269 | +€3,269 | |
| Profit (loss) for the period | 9904 | -€24,105 | €74,657 | +€98,762 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,105 | €74,657 | +€98,762 |
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 20 October 2026 via checked.be.