De Vuyst Design Studio: 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.
De Vuyst Design Studio
Largest movements
- Receivables within one year -€26,775
down €26,775 (-27.2%), from €98,420 to €71,645
of which Trade receivables: -€20,581
- Cash +€6,504
up €6,504 (+311%), from €2,088 to €8,592
mainly Receivables within one year (+€26,775) and Tax, wage and social debts (+€848)
- Trade debts -€14,849
down €14,849 (-21.5%), from €68,948 to €54,099
- Profit (loss) carried forward -€5,582
down €5,582 (-21.9%), from €25,470 to €19,888
- Other operating charges +€626
up €626 (+64.5%), from €970 to €1,596
- Depreciation -€412
down €412 (-75.0%), from €549 to €138
- Financial income -€124
no longer reported in 2024 (was €124)
of which Financial income: -€124
- Financial charges +€119
up €119 (+110%), from €108 to €227
- Gross operating margin +€51
up €51 (+1.5%), from -€3,406 to -€3,355
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.
Derived cash bridge
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 | €100,508 | €80,925 | -€19,583 | -19.5% |
| Fixed assets | 21/28 | €0 | €688 | +€688 | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | - | €688 | +€688 | |
| Furniture and vehicles | 24 | - | €688 | +€688 | |
| Current assets | 29/58 | €100,508 | €80,237 | -€20,271 | -20.2% |
| Amounts receivable within one year | 40/41 | €98,420 | €71,645 | -€26,775 | -27.2% |
| Trade receivables | 40 | €64,512 | €43,931 | -€20,581 | -31.9% |
| Other amounts receivable | 41 | €33,908 | €27,715 | -€6,194 | -18.3% |
| Cash at bank and in hand | 54/58 | €2,088 | €8,592 | +€6,504 | +311% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €100,508 | €80,925 | -€19,583 | -19.5% |
| Equity | 10/15 | €25,471 | €19,889 | -€5,582 | -21.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,470 | €19,888 | -€5,582 | -21.9% |
| Amounts payable | 17/49 | €75,037 | €61,036 | -€14,001 | -18.7% |
| Amounts payable within one year | 42/48 | €75,037 | €61,036 | -€14,001 | -18.7% |
| Trade debts | 44 | €68,948 | €54,099 | -€14,849 | -21.5% |
| Suppliers | 440/4 | €68,948 | €54,099 | -€14,849 | -21.5% |
| Taxes, remuneration and social security | 45 | €6,089 | €6,937 | +€848 | +13.9% |
| Taxes | 450/3 | €4,289 | €6,937 | +€2,648 | +61.7% |
| Remuneration and social security | 454/9 | €1,800 | - | -€1,800 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €549 | €138 | -€412 | -75.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €970 | €1,596 | +€626 | +64.5% |
| Gross operating margin | 9900 | -€3,406 | -€3,355 | +€51 | +1.5% |
| Operating profit (loss) | 9901 | -€4,926 | -€5,089 | -€163 | -3.3% |
| Financial income | 75/76B | €124 | - | -€124 | |
| Recurring financial income | 75 | €124 | - | -€124 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €108 | €227 | +€119 | +110% |
| Recurring financial charges | 65 | €108 | €227 | +€119 | +110% |
| Profit (loss) for the period before taxes | 9903 | -€4,910 | -€5,316 | -€406 | -8.3% |
| Income taxes | 67/77 | €227 | €265 | +€39 | +17.1% |
| Profit (loss) for the period | 9904 | -€5,137 | -€5,582 | -€445 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,137 | -€5,582 | -€445 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.