B 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.
B DESIGN
Largest movements
- Receivables within one year -€332,034
down €332,034 (-26.4%), from €1.3m to €927,765
of which Trade receivables: -€342,214
- Stocks and contracts +€114,467
up €114,467 (+3.5%), from €3.3m to €3.4m
- Other debts -€111,465
down €111,465 (-2.0%), from €5.6m to €5.5m
- Trade debts -€104,350
down €104,350 (-48.2%), from €216,615 to €112,265
- Taxes -€70,690
down €70,690 (-99.4%), from €71,117 to €427
- Staff costs +€36,381
up €36,381 (+33.7%), from €107,875 to €144,256
- Financial income -€4,676
down €4,676 (-70.8%), from €6,602 to €1,926
of which Financial income: -€6,188
- Gross operating margin -€2,125
down €2,125 (-1.2%), from €177,900 to €175,775
- Financial charges -€1,847
down €1,847 (-36.7%), from €5,038 to €3,191
of which Financial charges: -€2,315
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 | €4,652,313 | €4,435,467 | -€216,846 | -4.7% |
| Fixed assets | 21/28 | €43,163 | €80,693 | +€37,530 | +87.0% |
| Tangible fixed assets | 22/27 | €43,163 | €55,193 | +€12,030 | +27.9% |
| Plant, machinery and equipment | 23 | €1,141 | €410 | -€731 | -64.0% |
| Furniture and vehicles | 24 | €42,022 | €54,782 | +€12,761 | +30.4% |
| Financial fixed assets | 28 | - | €25,500 | +€25,500 | |
| Current assets | 29/58 | €4,609,151 | €4,354,774 | -€254,376 | -5.5% |
| Stocks and contracts in progress | 3 | €3,289,262 | €3,403,729 | +€114,467 | +3.5% |
| Stocks | 30/36 | €3,289,262 | €3,403,729 | +€114,467 | +3.5% |
| Amounts receivable within one year | 40/41 | €1,259,799 | €927,765 | -€332,034 | -26.4% |
| Trade receivables | 40 | €1,191,487 | €849,273 | -€342,214 | -28.7% |
| Other amounts receivable | 41 | €68,311 | €78,492 | +€10,181 | +14.9% |
| Cash at bank and in hand | 54/58 | €60,090 | €23,280 | -€36,810 | -61.3% |
| Total equity and liabilities | 10/49 | €4,652,313 | €4,435,467 | -€216,846 | -4.7% |
| Equity | 10/15 | -€1,241,878 | -€1,238,698 | +€3,180 | +0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,207 | €60,207 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €58,348 | €58,348 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,320,678 | -€1,317,497 | +€3,180 | +0.2% |
| Amounts payable | 17/49 | €5,894,192 | €5,674,165 | -€220,026 | -3.7% |
| Amounts payable within one year | 42/48 | €5,894,192 | €5,674,165 | -€220,026 | -3.7% |
| Trade debts | 44 | €216,615 | €112,265 | -€104,350 | -48.2% |
| Suppliers | 440/4 | €216,615 | €112,265 | -€104,350 | -48.2% |
| Taxes, remuneration and social security | 45 | €31,476 | €27,265 | -€4,211 | -13.4% |
| Taxes | 450/3 | €15,110 | €12,000 | -€3,110 | -20.6% |
| Remuneration and social security | 454/9 | €16,366 | €15,265 | -€1,102 | -6.7% |
| Other amounts payable | 47/48 | €5,646,101 | €5,534,636 | -€111,465 | -2.0% |
| Remuneration, social security and pensions | 62 | €107,875 | €144,256 | +€36,381 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,984 | €23,010 | +€26 | +0.1% |
| Other operating charges | 640/8 | €2,954 | €3,637 | +€683 | +23.1% |
| Gross operating margin | 9900 | €177,900 | €175,775 | -€2,125 | -1.2% |
| Operating profit (loss) | 9901 | €44,087 | €4,872 | -€39,215 | -88.9% |
| Financial income | 75/76B | €6,602 | €1,926 | -€4,676 | -70.8% |
| Recurring financial income | 75 | €6,602 | €414 | -€6,188 | -93.7% |
| Non-recurring financial income | 76B | - | €1,512 | +€1,512 | |
| Financial charges | 65/66B | €5,038 | €3,191 | -€1,847 | -36.7% |
| Recurring financial charges | 65 | €4,598 | €2,283 | -€2,315 | -50.4% |
| Non-recurring financial charges | 66B | €440 | €908 | +€468 | +106.4% |
| Profit (loss) for the period before taxes | 9903 | €45,650 | €3,607 | -€42,043 | -92.1% |
| Income taxes | 67/77 | €71,117 | €427 | -€70,690 | -99.4% |
| Profit (loss) for the period | 9904 | -€25,466 | €3,180 | +€28,646 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,466 | €3,180 | +€28,646 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.