U-STYL: 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.
U-STYL
Largest movements
- Tangible fixed assets -€6,769
down €6,769 (-43.3%), from €15,647 to €8,877
of which Furniture and vehicles: -€5,774
- Receivables within one year -€6,391
down €6,391 (-7.8%), from €82,096 to €75,705
of which Trade receivables: -€5,484
- Cash +€1,869
up €1,869 (+94.6%), from €1,976 to €3,844
mainly Other debts (+€16,661) and Depreciation (+€9,409)
- Stocks and contracts -€1,738
no longer reported in 2025 (was €1,738)
- Reserves -€35,146
down €35,146 (-62.0%), from €56,686 to €21,540
of which Distributable reserves: -€35,146
- Other debts +€16,661
up €16,661 (+121%), from €13,761 to €30,422
- Tax, wage and social debts +€8,550
up €8,550 (+590%), from €1,450 to €10,000
of which Remuneration and social security: +€10,000
- Trade debts -€2,852
down €2,852 (-14.7%), from €19,465 to €16,613
- Gross operating margin -€34,742
down €34,742, from €12,976 to -€21,766
- Financial charges +€2,136
up €2,136 (+245%), from €872 to €3,008
- Taxes -€1,450
no longer reported in 2025 (was €1,450)
- Depreciation +€331
up €331 (+3.6%), from €9,078 to €9,409
- Other operating charges -€244
down €244 (-20.2%), from €1,208 to €963
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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,062 | €91,275 | -€12,787 | -12.3% |
| Fixed assets | 21/28 | €15,647 | €8,877 | -€6,769 | -43.3% |
| Tangible fixed assets | 22/27 | €15,647 | €8,877 | -€6,769 | -43.3% |
| Plant, machinery and equipment | 23 | €2,064 | €1,069 | -€995 | -48.2% |
| Furniture and vehicles | 24 | €13,583 | €7,809 | -€5,774 | -42.5% |
| Current assets | 29/58 | €88,415 | €82,398 | -€6,018 | -6.8% |
| Stocks and contracts in progress | 3 | €1,738 | - | -€1,738 | |
| Stocks | 30/36 | €1,738 | - | -€1,738 | |
| Amounts receivable within one year | 40/41 | €82,096 | €75,705 | -€6,391 | -7.8% |
| Trade receivables | 40 | €80,093 | €74,609 | -€5,484 | -6.8% |
| Other amounts receivable | 41 | €2,004 | €1,096 | -€907 | -45.3% |
| Cash at bank and in hand | 54/58 | €1,976 | €3,844 | +€1,869 | +94.6% |
| Deferred charges and accrued income | 490/1 | €2,605 | €2,848 | +€243 | +9.3% |
| Total equity and liabilities | 10/49 | €104,062 | €91,275 | -€12,787 | -12.3% |
| Equity | 10/15 | €69,386 | €34,240 | -€35,146 | -50.7% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €56,686 | €21,540 | -€35,146 | -62.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,826 | €19,680 | -€35,146 | -64.1% |
| Amounts payable | 17/49 | €34,676 | €57,035 | +€22,359 | +64.5% |
| Amounts payable within one year | 42/48 | €34,676 | €57,035 | +€22,359 | +64.5% |
| Trade debts | 44 | €19,465 | €16,613 | -€2,852 | -14.7% |
| Suppliers | 440/4 | €19,465 | €16,613 | -€2,852 | -14.7% |
| Taxes, remuneration and social security | 45 | €1,450 | €10,000 | +€8,550 | +590% |
| Taxes | 450/3 | €1,450 | - | -€1,450 | |
| Remuneration and social security | 454/9 | - | €10,000 | +€10,000 | |
| Other amounts payable | 47/48 | €13,761 | €30,422 | +€16,661 | +121% |
| Remuneration, social security and pensions | 62 | €70 | - | -€70 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,078 | €9,409 | +€331 | +3.6% |
| Other operating charges | 640/8 | €1,208 | €963 | -€244 | -20.2% |
| Gross operating margin | 9900 | €12,976 | -€21,766 | -€34,742 | |
| Operating profit (loss) | 9901 | €2,620 | -€32,138 | -€34,757 | |
| Financial income | 75/76B | €239 | - | -€239 | |
| Recurring financial income | 75 | €239 | - | -€239 | |
| Financial charges | 65/66B | €872 | €3,008 | +€2,136 | +245% |
| Recurring financial charges | 65 | €872 | €3,008 | +€2,136 | +245% |
| Profit (loss) for the period before taxes | 9903 | €1,987 | -€35,146 | -€37,133 | |
| Income taxes | 67/77 | €1,450 | - | -€1,450 | |
| Profit (loss) for the period | 9904 | €537 | -€35,146 | -€35,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €537 | -€35,146 | -€35,683 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.