CORPORATE & 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.
CORPORATE & DESIGN
Largest movements
- Tangible fixed assets +€40,917
up €40,917 (+2,296%), from €1,782 to €42,699
- Receivables within one year -€22,761
down €22,761 (-55.5%), from €41,027 to €18,266
of which Other amounts receivable: -€28,456
- Cash +€764
up €764 (+19.2%), from €3,980 to €4,745
mainly Receivables within one year (+€22,761) and Net result for the year (+€8,209)
- Profit (loss) carried forward +€8,209
up €8,209 (+55.5%), from -€14,783 to -€6,575
- Trade debts +€7,592
up €7,592 (+756%), from €1,005 to €8,597
- Tax, wage and social debts +€2,482
up €2,482 (+39.0%), from €6,371 to €8,853
- Gross operating margin -€4,739
down €4,739 (-28.1%), from €16,844 to €12,106
- Taxes -€3,546
down €3,546 (-57.2%), from €6,199 to €2,653
- Write-downs +€2,363
up €2,363, from -€2,363 to €0
- Other operating charges -€2,348
down €2,348 (-76.0%), from €3,091 to €743
- Depreciation +€1,131
up €1,131 (+519%), from €218 to €1,350
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 | €48,368 | €66,651 | +€18,283 | +37.8% |
| Fixed assets | 21/28 | €1,782 | €42,699 | +€40,917 | +2,296% |
| Tangible fixed assets | 22/27 | €1,782 | €42,699 | +€40,917 | +2,296% |
| Furniture and vehicles | 24 | €1,782 | €42,699 | +€40,917 | +2,296% |
| Current assets | 29/58 | €46,586 | €23,952 | -€22,634 | -48.6% |
| Amounts receivable within one year | 40/41 | €41,027 | €18,266 | -€22,761 | -55.5% |
| Trade receivables | 40 | €4,305 | €10,000 | +€5,695 | +132% |
| Other amounts receivable | 41 | €36,722 | €8,266 | -€28,456 | -77.5% |
| Cash at bank and in hand | 54/58 | €3,980 | €4,745 | +€764 | +19.2% |
| Deferred charges and accrued income | 490/1 | €1,579 | €942 | -€637 | -40.4% |
| Total equity and liabilities | 10/49 | €48,368 | €66,651 | +€18,283 | +37.8% |
| Equity | 10/15 | €40,993 | €49,201 | +€8,209 | +20.0% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,783 | -€6,575 | +€8,209 | +55.5% |
| Amounts payable | 17/49 | €7,376 | €17,450 | +€10,074 | +137% |
| Amounts payable within one year | 42/48 | €7,376 | €17,450 | +€10,074 | +137% |
| Trade debts | 44 | €1,005 | €8,597 | +€7,592 | +756% |
| Suppliers | 440/4 | €1,005 | €8,597 | +€7,592 | +756% |
| Taxes, remuneration and social security | 45 | €6,371 | €8,853 | +€2,482 | +39.0% |
| Taxes | 450/3 | €6,371 | €8,853 | +€2,482 | +39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218 | €1,350 | +€1,131 | +519% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,363 | €0 | +€2,363 | |
| Other operating charges | 640/8 | €3,091 | €743 | -€2,348 | -76.0% |
| Gross operating margin | 9900 | €16,844 | €12,106 | -€4,739 | -28.1% |
| Operating profit (loss) | 9901 | €15,899 | €10,013 | -€5,886 | -37.0% |
| Financial income | 75/76B | €2,052 | €1,142 | -€911 | -44.4% |
| Recurring financial income | 75 | €2,052 | €1,142 | -€911 | -44.4% |
| Financial charges | 65/66B | €308 | €293 | -€15 | -5.0% |
| Recurring financial charges | 65 | €308 | €293 | -€15 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €17,643 | €10,862 | -€6,781 | -38.4% |
| Income taxes | 67/77 | €6,199 | €2,653 | -€3,546 | -57.2% |
| Profit (loss) for the period | 9904 | €11,444 | €8,209 | -€3,235 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,444 | €8,209 | -€3,235 | -28.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.