Association by Design: 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.
Association by Design
Largest movements
- Receivables within one year +€12,362
up €12,362 (+333.9%), from €3,702 to €16,064
of which Trade receivables: +€6,962
- Cash -€4,028
down €4,028 (-11.3%), from €35,564 to €31,536
mainly Receivables within one year (-€12,362) and Trade debts (-€4,413)
- Reserves +€6,900
up €6,900 (+28.9%), from €23,888 to €30,788
- Trade debts -€4,413
down €4,413 (-70.5%), from €6,263 to €1,850
- Tax, wage and social debts +€3,295
up €3,295 (+36.1%), from €9,115 to €12,410
- Other debts +€2,552
new in 2025: €2,552
- Gross operating margin -€23,586
down €23,586 (-69.5%), from €33,943 to €10,357
- Taxes -€6,332
down €6,332 (-63.3%), from €10,001 to €3,669
- Financial income +€489
up €489 (+6112.5%), from €8 to €497
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 | €42,266 | €50,600 | +€8,334 | +19.7% |
| Current assets | 29/58 | €42,266 | €50,600 | +€8,334 | +19.7% |
| Amounts receivable within one year | 40/41 | €3,702 | €16,064 | +€12,362 | +333.9% |
| Trade receivables | 40 | €3,702 | €10,664 | +€6,962 | +188.1% |
| Other amounts receivable | 41 | - | €5,400 | +€5,400 | |
| Cash at bank and in hand | 54/58 | €35,564 | €31,536 | -€4,028 | -11.3% |
| Deferred charges and accrued income | 490/1 | €3,000 | €3,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €42,266 | €50,600 | +€8,334 | +19.7% |
| Equity | 10/15 | €26,888 | €33,788 | +€6,900 | +25.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,888 | €30,788 | +€6,900 | +28.9% |
| Distributable reserves | 133 | €23,888 | €30,788 | +€6,900 | +28.9% |
| Amounts payable | 17/49 | €15,378 | €16,812 | +€1,434 | +9.3% |
| Amounts payable within one year | 42/48 | €15,378 | €16,812 | +€1,434 | +9.3% |
| Trade debts | 44 | €6,263 | €1,850 | -€4,413 | -70.5% |
| Suppliers | 440/4 | €6,263 | €1,850 | -€4,413 | -70.5% |
| Taxes, remuneration and social security | 45 | €9,115 | €12,410 | +€3,295 | +36.1% |
| Taxes | 450/3 | €9,115 | €12,410 | +€3,295 | +36.1% |
| Other amounts payable | 47/48 | - | €2,552 | +€2,552 | |
| Gross operating margin | 9900 | €33,943 | €10,357 | -€23,586 | -69.5% |
| Operating profit (loss) | 9901 | €33,943 | €10,357 | -€23,586 | -69.5% |
| Financial income | 75/76B | €8 | €497 | +€489 | +6112.5% |
| Recurring financial income | 75 | €8 | €497 | +€489 | +6112.5% |
| Financial charges | 65/66B | €62 | €285 | +€223 | +359.7% |
| Recurring financial charges | 65 | €62 | €285 | +€223 | +359.7% |
| Profit (loss) for the period before taxes | 9903 | €33,889 | €10,569 | -€23,320 | -68.8% |
| Income taxes | 67/77 | €10,001 | €3,669 | -€6,332 | -63.3% |
| Profit (loss) for the period | 9904 | €23,888 | €6,900 | -€16,988 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,888 | €6,900 | -€16,988 | -71.1% |
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 11 October 2026 via checked.be.