B.W. 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.W. Design
Largest movements
- Cash +€74,612
up €74,612 (+135%), from €55,077 to €129,689
mainly Net result for the year (+€90,868) and Depreciation (+€18,515)
- Receivables after one year +€27,500
up €27,500 (+55.0%), from €50,000 to €77,500
- Tangible fixed assets -€16,982
down €16,982 (-8.2%), from €207,374 to €190,392
of which Other tangible fixed assets: -€9,959
- Receivables within one year +€13,487
up €13,487 (+45.6%), from €29,582 to €43,069
of which Other amounts receivable: +€28,452
- Reserves +€90,868
up €90,868 (+31.9%), from €284,688 to €375,556
- Gross operating margin -€49,614
down €49,614 (-22.9%), from €216,604 to €166,990
- Other operating charges +€9,188
up €9,188 (+50.6%), from €18,171 to €27,358
- Taxes -€6,986
down €6,986 (-16.9%), from €41,215 to €34,229
- Financial income +€5,187
up €5,187 (+582%), from €891 to €6,078
- Depreciation +€3,520
up €3,520 (+23.5%), from €14,996 to €18,515
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 | €342,683 | €440,998 | +€98,315 | +28.7% |
| Fixed assets | 21/28 | €207,374 | €190,392 | -€16,982 | -8.2% |
| Tangible fixed assets | 22/27 | €207,374 | €190,392 | -€16,982 | -8.2% |
| Furniture and vehicles | 24 | €24,782 | €17,759 | -€7,023 | -28.3% |
| Other tangible fixed assets | 26 | €182,592 | €172,632 | -€9,959 | -5.5% |
| Current assets | 29/58 | €135,309 | €250,606 | +€115,297 | +85.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €77,500 | +€27,500 | +55.0% |
| Other amounts receivable | 291 | €50,000 | €77,500 | +€27,500 | +55.0% |
| Amounts receivable within one year | 40/41 | €29,582 | €43,069 | +€13,487 | +45.6% |
| Trade receivables | 40 | €18,394 | €3,430 | -€14,964 | -81.4% |
| Other amounts receivable | 41 | €11,187 | €39,639 | +€28,452 | +254% |
| Cash at bank and in hand | 54/58 | €55,077 | €129,689 | +€74,612 | +135% |
| Deferred charges and accrued income | 490/1 | €651 | €348 | -€303 | -46.5% |
| Total equity and liabilities | 10/49 | €342,683 | €440,998 | +€98,315 | +28.7% |
| Equity | 10/15 | €287,188 | €378,056 | +€90,868 | +31.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €284,688 | €375,556 | +€90,868 | +31.9% |
| Distributable reserves | 133 | €284,688 | €375,556 | +€90,868 | +31.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €55,495 | €62,941 | +€7,447 | +13.4% |
| Amounts payable within one year | 42/48 | €55,495 | €62,941 | +€7,447 | +13.4% |
| Financial debts | 43 | €2,329 | €6,468 | +€4,139 | +178% |
| Credit institutions | 430/8 | €2,329 | €6,468 | +€4,139 | +178% |
| Trade debts | 44 | €3,884 | €4,288 | +€404 | +10.4% |
| Suppliers | 440/4 | €3,884 | €4,288 | +€404 | +10.4% |
| Taxes, remuneration and social security | 45 | €49,281 | €52,186 | +€2,904 | +5.9% |
| Taxes | 450/3 | €49,281 | €52,186 | +€2,904 | +5.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €5,868 | +€5,868 | |
| Remuneration, social security and pensions | 62 | - | €590 | +€590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,996 | €18,515 | +€3,520 | +23.5% |
| Other operating charges | 640/8 | €18,171 | €27,358 | +€9,188 | +50.6% |
| Gross operating margin | 9900 | €216,604 | €166,990 | -€49,614 | -22.9% |
| Operating profit (loss) | 9901 | €183,437 | €120,526 | -€62,911 | -34.3% |
| Financial income | 75/76B | €891 | €6,078 | +€5,187 | +582% |
| Recurring financial income | 75 | €891 | €6,078 | +€5,187 | +582% |
| Financial charges | 65/66B | €1,856 | €1,507 | -€350 | -18.8% |
| Recurring financial charges | 65 | €1,856 | €1,507 | -€350 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €182,472 | €125,097 | -€57,374 | -31.4% |
| Income taxes | 67/77 | €41,215 | €34,229 | -€6,986 | -16.9% |
| Profit (loss) for the period | 9904 | €141,256 | €90,868 | -€50,388 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €141,256 | €90,868 | -€50,388 | -35.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.