BUDESIGN: 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.
BUDESIGN
Largest movements
- Receivables within one year -€26,962
down €26,962 (-17.0%), from €158,972 to €132,009
of which Other amounts receivable: -€29,487
- Tax, wage and social debts -€14,808
down €14,808 (-55.7%), from €26,590 to €11,783
- Other debts -€11,899
down €11,899 (-100.0%), from €11,899 to €0
- Taxes +€14,886
up €14,886 (+231.0%), from €6,443 to €21,330
- Gross operating margin -€4,473
down €4,473 (-15.7%), from €28,518 to €24,045
- Other operating charges -€3,287
down €3,287 (-59.2%), from €5,551 to €2,264
- Financial income +€1,407
new in 2025: €1,407
- Depreciation -€638
down €638 (-67.4%), from €946 to €308
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 | €159,666 | €134,892 | -€24,775 | -15.5% |
| Fixed assets | 21/28 | €308 | €0 | -€308 | -100.0% |
| Tangible fixed assets | 22/27 | €308 | €0 | -€308 | -100.0% |
| Plant, machinery and equipment | 23 | €308 | €0 | -€308 | -100.0% |
| Current assets | 29/58 | €159,358 | €134,892 | -€24,466 | -15.4% |
| Stocks and contracts in progress | 3 | - | €1,500 | +€1,500 | |
| Stocks | 30/36 | - | €1,500 | +€1,500 | |
| Amounts receivable within one year | 40/41 | €158,972 | €132,009 | -€26,962 | -17.0% |
| Trade receivables | 40 | €87,223 | €89,748 | +€2,525 | +2.9% |
| Other amounts receivable | 41 | €71,748 | €42,261 | -€29,487 | -41.1% |
| Cash at bank and in hand | 54/58 | €386 | €1,382 | +€996 | +258.0% |
| Total equity and liabilities | 10/49 | €159,666 | €134,892 | -€24,775 | -15.5% |
| Equity | 10/15 | €121,177 | €122,124 | +€947 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,977 | €115,924 | +€947 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €113,117 | €114,064 | +€947 | +0.8% |
| Amounts payable | 17/49 | €38,489 | €12,767 | -€25,722 | -66.8% |
| Amounts payable within one year | 42/48 | €38,489 | €12,767 | -€25,722 | -66.8% |
| Trade debts | 44 | - | €985 | +€985 | |
| Suppliers | 440/4 | - | €985 | +€985 | |
| Taxes, remuneration and social security | 45 | €26,590 | €11,783 | -€14,808 | -55.7% |
| Taxes | 450/3 | €26,590 | €11,783 | -€14,808 | -55.7% |
| Other amounts payable | 47/48 | €11,899 | €0 | -€11,899 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €308 | -€638 | -67.4% |
| Other operating charges | 640/8 | €5,551 | €2,264 | -€3,287 | -59.2% |
| Gross operating margin | 9900 | €28,518 | €24,045 | -€4,473 | -15.7% |
| Operating profit (loss) | 9901 | €22,020 | €21,472 | -€548 | -2.5% |
| Financial income | 75/76B | - | €1,407 | +€1,407 | |
| Recurring financial income | 75 | - | €1,407 | +€1,407 | |
| Financial charges | 65/66B | €135 | €604 | +€469 | +347.1% |
| Recurring financial charges | 65 | €135 | €604 | +€469 | +347.1% |
| Profit (loss) for the period before taxes | 9903 | €21,885 | €22,276 | +€391 | +1.8% |
| Income taxes | 67/77 | €6,443 | €21,330 | +€14,886 | +231.0% |
| Profit (loss) for the period | 9904 | €15,442 | €947 | -€14,495 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,442 | €947 | -€14,495 | -93.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.