DESIGN 3-2: 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.
DESIGN 3-2
Largest movements
- Receivables within one year -€23,249
down €23,249 (-59.7%), from €38,975 to €15,726
of which Trade receivables: -€24,970
- Tangible fixed assets +€20,701
up €20,701 (+653.7%), from €3,167 to €23,868
of which Furniture and vehicles: +€22,476
- Cash +€11,077
up €11,077 (+8.4%), from €132,063 to €143,139
mainly Receivables within one year (+€23,249) and Net result for the year (+€18,697)
- Deferred charges and accrued income +€2,246
up €2,246 (+225.8%), from €995 to €3,241
- Reserves +€18,100
up €18,100 (+16.5%), from €109,500 to €127,600
- Tax, wage and social debts -€9,338
down €9,338 (-78.5%), from €11,895 to €2,556
of which Taxes: -€9,588
- Gross operating margin -€31,502
down €31,502 (-48.6%), from €64,883 to €33,381
- Taxes -€4,445
down €4,445 (-34.7%), from €12,812 to €8,368
- Depreciation +€3,306
up €3,306 (+186.3%), from €1,774 to €5,080
- Other operating charges +€1,881
new in 2025: €1,881
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 | €178,654 | €189,047 | +€10,392 | +5.8% |
| Fixed assets | 21/28 | €3,167 | €23,868 | +€20,701 | +653.7% |
| Tangible fixed assets | 22/27 | €3,167 | €23,868 | +€20,701 | +653.7% |
| Plant, machinery and equipment | 23 | €3,167 | €1,392 | -€1,774 | -56.0% |
| Furniture and vehicles | 24 | - | €22,476 | +€22,476 | |
| Current assets | 29/58 | €175,488 | €165,178 | -€10,309 | -5.9% |
| Stocks and contracts in progress | 3 | €3,455 | €3,072 | -€383 | -11.1% |
| Stocks | 30/36 | €3,455 | €3,072 | -€383 | -11.1% |
| Amounts receivable within one year | 40/41 | €38,975 | €15,726 | -€23,249 | -59.7% |
| Trade receivables | 40 | €38,975 | €14,005 | -€24,970 | -64.1% |
| Other amounts receivable | 41 | - | €1,721 | +€1,721 | |
| Cash at bank and in hand | 54/58 | €132,063 | €143,139 | +€11,077 | +8.4% |
| Deferred charges and accrued income | 490/1 | €995 | €3,241 | +€2,246 | +225.8% |
| Total equity and liabilities | 10/49 | €178,654 | €189,047 | +€10,392 | +5.8% |
| Equity | 10/15 | €162,615 | €181,312 | +€18,697 | +11.5% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €109,500 | €127,600 | +€18,100 | +16.5% |
| Distributable reserves | 133 | €109,500 | €127,600 | +€18,100 | +16.5% |
| Profit (loss) carried forward | 14 | €33,283 | €33,880 | +€597 | +1.8% |
| Amounts payable | 17/49 | €16,039 | €7,735 | -€8,305 | -51.8% |
| Amounts payable within one year | 42/48 | €16,039 | €7,695 | -€8,344 | -52.0% |
| Trade debts | 44 | €524 | €1,698 | +€1,174 | +223.9% |
| Suppliers | 440/4 | €524 | €1,698 | +€1,174 | +223.9% |
| Taxes, remuneration and social security | 45 | €11,895 | €2,556 | -€9,338 | -78.5% |
| Taxes | 450/3 | €11,895 | €2,306 | -€9,588 | -80.6% |
| Remuneration and social security | 454/9 | - | €250 | +€250 | |
| Other amounts payable | 47/48 | €3,620 | €3,440 | -€180 | -5.0% |
| Accrued charges and deferred income | 492/3 | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,774 | €5,080 | +€3,306 | +186.3% |
| Other operating charges | 640/8 | - | €1,881 | +€1,881 | |
| Gross operating margin | 9900 | €64,883 | €33,381 | -€31,502 | -48.6% |
| Operating profit (loss) | 9901 | €63,109 | €26,420 | -€36,689 | -58.1% |
| Financial income | 75/76B | €1,185 | €948 | -€237 | -20.0% |
| Recurring financial income | 75 | €1,185 | €948 | -€237 | -20.0% |
| Financial charges | 65/66B | €255 | €303 | +€48 | +18.9% |
| Recurring financial charges | 65 | €255 | €303 | +€48 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €64,039 | €27,065 | -€36,974 | -57.7% |
| Income taxes | 67/77 | €12,812 | €8,368 | -€4,445 | -34.7% |
| Profit (loss) for the period | 9904 | €51,226 | €18,697 | -€32,529 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,226 | €18,697 | -€32,529 | -63.5% |
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 5 October 2026 via checked.be.