B & D 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.
B & D DESIGN
Largest movements
- Stocks and contracts -€30,234
down €30,234 (-43.0%), from €70,234 to €40,000
of which Contracts in progress: -€27,500
- Tangible fixed assets -€24,776
down €24,776 (-61.1%), from €40,560 to €15,784
of which Other tangible fixed assets: -€20,563
- Receivables within one year +€8,804
up €8,804 (+6.0%), from €146,918 to €155,722
of which Trade receivables: +€27,554
- Financial fixed assets +€3,300
new in 2024: €3,300
- Trade debts -€37,465
down €37,465 (-24.3%), from €154,176 to €116,711
- Short-term financial debts -€12,565
down €12,565 (-100.0%), from €12,565 to €0
- Tax, wage and social debts +€12,176
new in 2024: €12,176
of which Taxes: +€11,855
- Current portion of long-term debt -€8,967
down €8,967 (-80.6%), from €11,121 to €2,154
- Reserves +€7,855
up €7,855 (+22.7%), from €34,624 to €42,480
of which Distributable reserves: +€7,855
- Gross operating margin +€28,769
up €28,769 (+88.3%), from €32,577 to €61,346
- Staff costs +€6,110
up €6,110 (+287.5%), from €2,125 to €8,236
- Depreciation +€4,601
up €4,601 (+15.6%), from €29,400 to €34,000
- Financial charges +€3,034
up €3,034 (+64.1%), from €4,735 to €7,770
- Other operating charges +€1,921
up €1,921 (+148.8%), from €1,291 to €3,212
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,712 | €216,592 | -€41,120 | -16.0% |
| Fixed assets | 21/28 | €40,560 | €19,084 | -€21,476 | -52.9% |
| Tangible fixed assets | 22/27 | €40,560 | €15,784 | -€24,776 | -61.1% |
| Plant, machinery and equipment | 23 | €16,735 | €8,973 | -€7,762 | -46.4% |
| Furniture and vehicles | 24 | €1,011 | €4,560 | +€3,549 | +351.0% |
| Other tangible fixed assets | 26 | €22,813 | €2,250 | -€20,563 | -90.1% |
| Financial fixed assets | 28 | - | €3,300 | +€3,300 | |
| Current assets | 29/58 | €217,152 | €197,508 | -€19,644 | -9.0% |
| Stocks and contracts in progress | 3 | €70,234 | €40,000 | -€30,234 | -43.0% |
| Stocks | 30/36 | €27,734 | €25,000 | -€2,734 | -9.9% |
| Contracts in progress | 37 | €42,500 | €15,000 | -€27,500 | -64.7% |
| Amounts receivable within one year | 40/41 | €146,918 | €155,722 | +€8,804 | +6.0% |
| Trade receivables | 40 | €107,237 | €134,791 | +€27,554 | +25.7% |
| Other amounts receivable | 41 | €39,681 | €20,930 | -€18,750 | -47.3% |
| Cash at bank and in hand | 54/58 | - | €1,786 | +€1,786 | |
| Total equity and liabilities | 10/49 | €257,712 | €216,592 | -€41,120 | -16.0% |
| Equity | 10/15 | €77,696 | €85,551 | +€7,855 | +10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,624 | €42,480 | +€7,855 | +22.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €32,765 | €40,620 | +€7,855 | +24.0% |
| Profit (loss) carried forward | 14 | €24,479 | €24,479 | = | 0.0% |
| Amounts payable | 17/49 | €180,016 | €131,041 | -€48,975 | -27.2% |
| Amounts payable after more than one year | 17 | €2,154 | €0 | -€2,154 | -100.0% |
| Financial debts | 170/4 | €2,154 | €0 | -€2,154 | -100.0% |
| Amounts payable within one year | 42/48 | €177,862 | €131,041 | -€46,821 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €11,121 | €2,154 | -€8,967 | -80.6% |
| Financial debts | 43 | €12,565 | €0 | -€12,565 | -100.0% |
| Credit institutions | 430/8 | €12,565 | €0 | -€12,565 | -100.0% |
| Trade debts | 44 | €154,176 | €116,711 | -€37,465 | -24.3% |
| Suppliers | 440/4 | €154,176 | €116,711 | -€37,465 | -24.3% |
| Taxes, remuneration and social security | 45 | - | €12,176 | +€12,176 | |
| Taxes | 450/3 | - | €11,855 | +€11,855 | |
| Remuneration and social security | 454/9 | - | €321 | +€321 | |
| Remuneration, social security and pensions | 62 | €2,125 | €8,236 | +€6,110 | +287.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,400 | €34,000 | +€4,601 | +15.6% |
| Other operating charges | 640/8 | €1,291 | €3,212 | +€1,921 | +148.8% |
| Non-recurring operating charges | 66A | - | €313 | +€313 | |
| Gross operating margin | 9900 | €32,577 | €61,346 | +€28,769 | +88.3% |
| Operating profit (loss) | 9901 | -€239 | €15,585 | +€15,824 | |
| Financial income | 75/76B | €624 | €826 | +€202 | +32.3% |
| Recurring financial income | 75 | €624 | €826 | +€202 | +32.3% |
| Financial charges | 65/66B | €4,735 | €7,770 | +€3,034 | +64.1% |
| Recurring financial charges | 65 | €4,735 | €7,770 | +€3,034 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,350 | €8,641 | +€12,991 | |
| Income taxes | 67/77 | - | €786 | +€786 | |
| Profit (loss) for the period | 9904 | -€4,350 | €7,855 | +€12,205 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,350 | €7,855 | +€12,205 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.