TOP STYLERS: 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.
TOP STYLERS
Largest movements
- Current investments +€10,716
up €10,716 (+79.6%), from €13,457 to €24,173
- Tangible fixed assets +€1,209
up €1,209 (+28.4%), from €4,256 to €5,465
- Receivables within one year +€1,207
up €1,207 (+14.1%), from €8,581 to €9,788
- Profit (loss) carried forward +€17,182
no longer reported in 2025 (was -€17,182)
- Reserves -€2,416
down €2,416 (-30.1%), from €8,014 to €5,598
of which Distributable reserves: -€2,416
- Other debts -€2,099
down €2,099 (-17.2%), from €12,218 to €10,119
- Gross operating margin -€3,906
down €3,906 (-17.3%), from €22,608 to €18,702
- Depreciation +€859
up €859 (+30.7%), from €2,797 to €3,655
From the 2024 result to the 2025 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,367 | €39,426 | +€13,059 | +49.5% |
| Fixed assets | 21/28 | €4,256 | €5,465 | +€1,209 | +28.4% |
| Tangible fixed assets | 22/27 | €4,256 | €5,465 | +€1,209 | +28.4% |
| Furniture and vehicles | 24 | €4,256 | €5,465 | +€1,209 | +28.4% |
| Current assets | 29/58 | €22,112 | €33,961 | +€11,849 | +53.6% |
| Amounts receivable within one year | 40/41 | €8,581 | €9,788 | +€1,207 | +14.1% |
| Trade receivables | 40 | €8,581 | €9,788 | +€1,207 | +14.1% |
| Current investments | 50/53 | €13,457 | €24,173 | +€10,716 | +79.6% |
| Deferred charges and accrued income | 490/1 | €74 | - | -€74 | |
| Total equity and liabilities | 10/49 | €26,367 | €39,426 | +€13,059 | +49.5% |
| Equity | 10/15 | €9,432 | €24,198 | +€14,766 | +157% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,014 | €5,598 | -€2,416 | -30.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €6,154 | €3,738 | -€2,416 | -39.3% |
| Profit (loss) carried forward | 14 | -€17,182 | - | +€17,182 | |
| Amounts payable | 17/49 | €16,935 | €15,227 | -€1,707 | -10.1% |
| Amounts payable within one year | 42/48 | €16,935 | €15,227 | -€1,707 | -10.1% |
| Trade debts | 44 | €1,157 | €1,320 | +€163 | +14.1% |
| Suppliers | 440/4 | €1,157 | €1,320 | +€163 | +14.1% |
| Taxes, remuneration and social security | 45 | €3,560 | €3,789 | +€228 | +6.4% |
| Taxes | 450/3 | €3,560 | €3,789 | +€228 | +6.4% |
| Other amounts payable | 47/48 | €12,218 | €10,119 | -€2,099 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,797 | €3,655 | +€859 | +30.7% |
| Other operating charges | 640/8 | €183 | €185 | +€2 | +1.1% |
| Gross operating margin | 9900 | €22,608 | €18,702 | -€3,906 | -17.3% |
| Operating profit (loss) | 9901 | €19,628 | €14,861 | -€4,767 | -24.3% |
| Financial income | 75/76B | €47 | €0 | -€47 | -100.0% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -100.0% |
| Financial charges | 65/66B | €124 | €95 | -€29 | -23.3% |
| Recurring financial charges | 65 | €124 | €95 | -€29 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €19,551 | €14,766 | -€4,785 | -24.5% |
| Profit (loss) for the period | 9904 | €19,551 | €14,766 | -€4,785 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,551 | €14,766 | -€4,785 | -24.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.