AL DESIGN CONCEPT: 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.
AL DESIGN CONCEPT
Largest movements
- Stocks and contracts +€31,834
up €31,834 (+8.4%), from €378,701 to €410,536
- Cash +€16,221
up €16,221 (+34.2%), from €47,411 to €63,633
mainly Net result for the year (+€111,681) and Tax, wage and social debts (+€10,200)
- Receivables within one year +€13,441
up €13,441 (+76.3%), from €17,615 to €31,056
of which Other amounts receivable: +€10,235
- Financial fixed assets -€6,450
no longer reported in 2025 (was €6,450)
- Profit (loss) carried forward +€111,681
up €111,681 (+67.8%), from €164,775 to €276,456
- Current portion of long-term debt -€33,616
down €33,616 (-66.1%), from €50,874 to €17,258
- Debts after one year -€26,258
down €26,258 (-22.1%), from €118,597 to €92,339
- Trade debts -€15,864
down €15,864 (-39.3%), from €40,379 to €24,515
- Tax, wage and social debts +€10,200
up €10,200 (+39.4%), from €25,892 to €36,091
- Gross operating margin +€63,096
up €63,096 (+61.8%), from €102,039 to €165,135
- Taxes +€18,686
up €18,686 (+107%), from €17,405 to €36,091
- Financial charges -€4,131
down €4,131 (-29.1%), from €14,190 to €10,059
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 | €496,781 | €551,493 | +€54,713 | +11.0% |
| Fixed assets | 21/28 | €53,053 | €41,504 | -€11,550 | -21.8% |
| Intangible fixed assets | 21 | €4,479 | €3,979 | -€500 | -11.2% |
| Tangible fixed assets | 22/27 | €42,124 | €37,524 | -€4,600 | -10.9% |
| Plant, machinery and equipment | 23 | €1,315 | €2,379 | +€1,064 | +80.9% |
| Furniture and vehicles | 24 | €6,090 | €4,315 | -€1,775 | -29.2% |
| Other tangible fixed assets | 26 | €34,719 | €30,831 | -€3,889 | -11.2% |
| Financial fixed assets | 28 | €6,450 | - | -€6,450 | |
| Current assets | 29/58 | €443,727 | €509,990 | +€66,262 | +14.9% |
| Stocks and contracts in progress | 3 | €378,701 | €410,536 | +€31,834 | +8.4% |
| Stocks | 30/36 | €378,701 | €410,536 | +€31,834 | +8.4% |
| Amounts receivable within one year | 40/41 | €17,615 | €31,056 | +€13,441 | +76.3% |
| Trade receivables | 40 | €16,750 | €19,956 | +€3,206 | +19.1% |
| Other amounts receivable | 41 | €865 | €11,100 | +€10,235 | +1,184% |
| Cash at bank and in hand | 54/58 | €47,411 | €63,633 | +€16,221 | +34.2% |
| Deferred charges and accrued income | 490/1 | €0 | €4,766 | +€4,766 | |
| Total equity and liabilities | 10/49 | €496,781 | €551,493 | +€54,713 | +11.0% |
| Equity | 10/15 | €174,775 | €286,456 | +€111,681 | +63.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,775 | €276,456 | +€111,681 | +67.8% |
| Amounts payable | 17/49 | €322,006 | €265,038 | -€56,968 | -17.7% |
| Amounts payable after more than one year | 17 | €118,597 | €92,339 | -€26,258 | -22.1% |
| Financial debts | 170/4 | €118,597 | €92,339 | -€26,258 | -22.1% |
| Amounts payable within one year | 42/48 | €192,967 | €162,739 | -€30,228 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €50,874 | €17,258 | -€33,616 | -66.1% |
| Financial debts | 43 | €11,730 | €12,853 | +€1,123 | +9.6% |
| Credit institutions | 430/8 | €11,730 | €12,853 | +€1,123 | +9.6% |
| Trade debts | 44 | €40,379 | €24,515 | -€15,864 | -39.3% |
| Suppliers | 440/4 | €40,379 | €24,515 | -€15,864 | -39.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €25,892 | €36,091 | +€10,200 | +39.4% |
| Taxes | 450/3 | €25,892 | €36,091 | +€10,200 | +39.4% |
| Other amounts payable | 47/48 | €64,093 | €72,023 | +€7,929 | +12.4% |
| Accrued charges and deferred income | 492/3 | €10,442 | €9,960 | -€482 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,864 | €6,611 | +€746 | +12.7% |
| Other operating charges | 640/8 | €460 | €865 | +€405 | +87.9% |
| Gross operating margin | 9900 | €102,039 | €165,135 | +€63,096 | +61.8% |
| Operating profit (loss) | 9901 | €95,714 | €157,659 | +€61,945 | +64.7% |
| Financial income | 75/76B | €423 | €172 | -€252 | -59.5% |
| Recurring financial income | 75 | €423 | €172 | -€252 | -59.5% |
| Financial charges | 65/66B | €14,190 | €10,059 | -€4,131 | -29.1% |
| Recurring financial charges | 65 | €14,190 | €10,059 | -€4,131 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €81,948 | €147,772 | +€65,824 | +80.3% |
| Income taxes | 67/77 | €17,405 | €36,091 | +€18,686 | +107% |
| Profit (loss) for the period | 9904 | €64,543 | €111,681 | +€47,138 | +73.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,543 | €111,681 | +€47,138 | +73.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.