Cides Product 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.
Cides Product Design
Largest movements
- Cash +€53,012
up €53,012 (+55.0%), from €96,463 to €149,476
mainly Other debts (+€69,085) and Net result for the year (+€43,168)
- Other debts +€69,085
up €69,085 (+71.1%), from €97,126 to €166,211
- Reserves -€26,949
down €26,949 (-12.4%), from €217,528 to €190,579
of which Distributable reserves: -€26,949
- Tax, wage and social debts +€4,196
up €4,196 (+29.2%), from €14,361 to €18,557
of which Taxes: +€3,582
- Gross operating margin +€71,466
up €71,466 (+94.9%), from €75,307 to €146,773
- Taxes +€12,259
up €12,259 (+6,527%), from €188 to €12,447
- Financial charges +€3,243
up €3,243 (+49.7%), from €6,525 to €9,768
- Staff costs +€3,137
up €3,137 (+4.2%), from €74,342 to €77,478
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 | €336,895 | €388,690 | +€51,796 | +15.4% |
| Fixed assets | 21/28 | €204,732 | €202,810 | -€1,922 | -0.9% |
| Intangible fixed assets | 21 | €3,203 | €1,058 | -€2,145 | -67.0% |
| Tangible fixed assets | 22/27 | €1,529 | €1,752 | +€223 | +14.6% |
| Plant, machinery and equipment | 23 | €1,101 | €1,752 | +€651 | +59.2% |
| Furniture and vehicles | 24 | €428 | €0 | -€428 | -100% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €132,163 | €185,881 | +€53,718 | +40.6% |
| Amounts receivable within one year | 40/41 | €33,720 | €34,451 | +€731 | +2.2% |
| Trade receivables | 40 | €33,719 | €30,451 | -€3,268 | -9.7% |
| Other amounts receivable | 41 | €1 | €4,000 | +€3,999 | +319,900% |
| Cash at bank and in hand | 54/58 | €96,463 | €149,476 | +€53,012 | +55.0% |
| Deferred charges and accrued income | 490/1 | €1,980 | €1,955 | -€25 | -1.3% |
| Total equity and liabilities | 10/49 | €336,895 | €388,690 | +€51,796 | +15.4% |
| Equity | 10/15 | €216,564 | €189,614 | -€26,949 | -12.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €217,528 | €190,579 | -€26,949 | -12.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €217,528 | €190,579 | -€26,949 | -12.4% |
| Profit (loss) carried forward | 14 | -€13,364 | -€13,364 | = | 0.0% |
| Amounts payable | 17/49 | €120,331 | €199,076 | +€78,745 | +65.4% |
| Amounts payable within one year | 42/48 | €113,856 | €189,366 | +€75,510 | +66.3% |
| Trade debts | 44 | €2,370 | €4,598 | +€2,228 | +94.0% |
| Suppliers | 440/4 | €2,370 | €4,598 | +€2,228 | +94.0% |
| Taxes, remuneration and social security | 45 | €14,361 | €18,557 | +€4,196 | +29.2% |
| Taxes | 450/3 | €5,625 | €9,207 | +€3,582 | +63.7% |
| Remuneration and social security | 454/9 | €8,736 | €9,350 | +€614 | +7.0% |
| Other amounts payable | 47/48 | €97,126 | €166,211 | +€69,085 | +71.1% |
| Accrued charges and deferred income | 492/3 | €6,475 | €9,710 | +€3,235 | +50.0% |
| Remuneration, social security and pensions | 62 | €74,342 | €77,478 | +€3,137 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,990 | €3,146 | +€156 | +5.2% |
| Other operating charges | 640/8 | €1,096 | €1,099 | +€3 | +0.3% |
| Gross operating margin | 9900 | €75,307 | €146,773 | +€71,466 | +94.9% |
| Operating profit (loss) | 9901 | -€3,121 | €65,050 | +€68,171 | |
| Financial income | 75/76B | €470 | €333 | -€136 | -29.0% |
| Recurring financial income | 75 | €470 | €333 | -€136 | -29.0% |
| Financial charges | 65/66B | €6,525 | €9,768 | +€3,243 | +49.7% |
| Recurring financial charges | 65 | €6,525 | €9,768 | +€3,243 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,176 | €55,615 | +€64,791 | |
| Income taxes | 67/77 | €188 | €12,447 | +€12,259 | +6,527% |
| Profit (loss) for the period | 9904 | -€9,364 | €43,168 | +€52,532 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,364 | €43,168 | +€52,532 |
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 31 October 2026 via checked.be.