ADD-Design: 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.
ADD-Design
Largest movements
- Tangible fixed assets +€241,493
up €241,493 (+218.2%), from €110,696 to €352,188
of which Land and buildings: +€197,458
- Cash -€66,687
down €66,687 (-53.3%), from €125,036 to €58,349
mainly Investment in fixed assets (net) (-€247,435) and Trade debts (-€9,413)
- Deferred charges and accrued income -€8,003
down €8,003 (-37.0%), from €21,634 to €13,631
- Receivables within one year +€6,016
up €6,016 (+39.9%), from €15,073 to €21,089
of which Trade receivables: +€8,258
- Other debts +€152,802
up €152,802 (+225.5%), from €67,763 to €220,564
- Reserves +€21,842
up €21,842 (+13.7%), from €159,868 to €181,710
of which Distributable reserves: +€21,842
- Trade debts -€9,413
down €9,413 (-30.6%), from €30,756 to €21,343
- Tax, wage and social debts +€7,333
up €7,333 (+102.9%), from €7,125 to €14,458
of which Taxes: +€7,308
- Other operating charges -€9,145
down €9,145 (-94.6%), from €9,665 to €520
- Depreciation +€3,241
up €3,241 (+120.0%), from €2,702 to €5,943
- Gross operating margin -€3,148
down €3,148 (-5.9%), from €53,087 to €49,939
- Financial charges +€1,145
up €1,145 (+12.4%), from €9,255 to €10,400
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.
Cash bridge derived
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 | €272,438 | €445,257 | +€172,818 | +63.4% |
| Fixed assets | 21/28 | €110,696 | €352,188 | +€241,493 | +218.2% |
| Tangible fixed assets | 22/27 | €110,696 | €352,188 | +€241,493 | +218.2% |
| Land and buildings | 22 | - | €197,458 | +€197,458 | |
| Plant, machinery and equipment | 23 | €1,501 | €1,359 | -€141 | -9.4% |
| Furniture and vehicles | 24 | €4,257 | €15,944 | +€11,686 | +274.5% |
| Assets under construction and advance payments | 27 | €104,938 | €137,428 | +€32,490 | +31.0% |
| Current assets | 29/58 | €161,743 | €93,068 | -€68,674 | -42.5% |
| Amounts receivable within one year | 40/41 | €15,073 | €21,089 | +€6,016 | +39.9% |
| Trade receivables | 40 | €12,831 | €21,089 | +€8,258 | +64.4% |
| Other amounts receivable | 41 | €2,242 | €0 | -€2,242 | -100.0% |
| Cash at bank and in hand | 54/58 | €125,036 | €58,349 | -€66,687 | -53.3% |
| Deferred charges and accrued income | 490/1 | €21,634 | €13,631 | -€8,003 | -37.0% |
| Total equity and liabilities | 10/49 | €272,438 | €445,257 | +€172,818 | +63.4% |
| Equity | 10/15 | €166,068 | €187,910 | +€21,842 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €159,868 | €181,710 | +€21,842 | +13.7% |
| 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 | €17,074 | €17,074 | = | 0.0% |
| Distributable reserves | 133 | €140,935 | €162,776 | +€21,842 | +15.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,370 | €257,347 | +€150,977 | +141.9% |
| Amounts payable within one year | 42/48 | €105,644 | €256,365 | +€150,722 | +142.7% |
| Trade debts | 44 | €30,756 | €21,343 | -€9,413 | -30.6% |
| Suppliers | 440/4 | €30,756 | €21,343 | -€9,413 | -30.6% |
| Taxes, remuneration and social security | 45 | €7,125 | €14,458 | +€7,333 | +102.9% |
| Taxes | 450/3 | €4,386 | €11,694 | +€7,308 | +166.6% |
| Remuneration and social security | 454/9 | €2,739 | €2,764 | +€25 | +0.9% |
| Other amounts payable | 47/48 | €67,763 | €220,564 | +€152,802 | +225.5% |
| Accrued charges and deferred income | 492/3 | €726 | €981 | +€255 | +35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,702 | €5,943 | +€3,241 | +120.0% |
| Other operating charges | 640/8 | €9,665 | €520 | -€9,145 | -94.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €53,087 | €49,939 | -€3,148 | -5.9% |
| Operating profit (loss) | 9901 | €40,720 | €43,476 | +€2,757 | +6.8% |
| Financial income | 75/76B | €907 | €431 | -€476 | -52.5% |
| Recurring financial income | 75 | €907 | €431 | -€476 | -52.5% |
| Financial charges | 65/66B | €9,255 | €10,400 | +€1,145 | +12.4% |
| Recurring financial charges | 65 | €9,255 | €10,400 | +€1,145 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €32,372 | €33,507 | +€1,136 | +3.5% |
| Income taxes | 67/77 | €10,376 | €10,000 | -€376 | -3.6% |
| Profit (loss) for the period | 9904 | €21,996 | €23,508 | +€1,512 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,996 | €23,508 | +€1,512 | +6.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.