Design Art: what changed
What changed
Design Art
NACE 43.350, Other building finishing work
filed annual accounts (NBB)
Net result for the year
€56,521
2024 · -€20,255+€76,776
Equity
€179,816
2024 · €123,295+€56,521
Cash
€1,673
2024 · €70,215-€68,542
Balance sheet total
€371,429
2024 · €432,011-€60,583
Largest movements
Assets
- Cash -€68,542
down €68,542 (-97.6%), from €70,215 to €1,673
mainly Other debts (-€61,008) and Short-term financial debts (-€55,732)
- Receivables within one year +€9,661
up €9,661 (+2.7%), from €351,354 to €361,015
of which Other amounts receivable: +€4,948
Equity and liabilities
- Other debts -€61,008
down €61,008 (-66.6%), from €91,627 to €30,620
- Profit (loss) carried forward +€56,521
up €56,521 (+81.8%), from €69,135 to €125,656
- Short-term financial debts -€55,732
down €55,732 (-57.4%), from €97,170 to €41,438
Income statement
- Purchases and services -€736,537
down €736,537 (-87.0%), from €846,218 to €109,681
- Turnover -€596,242
down €596,242 (-76.9%), from €774,968 to €178,726
- Gross operating margin +€89,700
up €89,700, from -€20,655 to €69,046
- Write-downs +€14,890
no longer reported in 2025 (was -€14,890)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€20,255
Gross operating margin
+€89,700
Depreciation
+€263
Write-downs
-€14,890
Other operating charges
+€446
Other operating items
+€26
Financial income
+€33
Financial charges
+€1,198
Result 2025
€56,521
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€12,810
Investment
€0
Financing
-€55,732
Cash 2024
€70,215
From operations (derived)
-€12,810
Net result for the year
+€56,521
Depreciation
+€2,280
Receivables within one year
-€9,661
Deferred charges and accrued income
-€578
Trade debts
-€453
Tax, wage and social debts
+€89
Other debts
-€61,008
Financing
-€55,732
Short-term financial debts
-€55,732
Contributions, distributions and other
+€0
Cash 2025
€1,673
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,011 | €371,429 | -€60,583 | -14.0% |
| Fixed assets | 21/28 | €7,724 | €5,443 | -€2,280 | -29.5% |
| Tangible fixed assets | 22/27 | €5,499 | €3,218 | -€2,280 | -41.5% |
| Plant, machinery and equipment | 23 | €4,782 | €2,779 | -€2,003 | -41.9% |
| Furniture and vehicles | 24 | €717 | €440 | -€277 | -38.7% |
| Financial fixed assets | 28 | €2,225 | €2,225 | = | 0.0% |
| Current assets | 29/58 | €424,288 | €365,985 | -€58,303 | -13.7% |
| Amounts receivable within one year | 40/41 | €351,354 | €361,015 | +€9,661 | +2.7% |
| Trade receivables | 40 | €187,221 | €191,934 | +€4,713 | +2.5% |
| Other amounts receivable | 41 | €164,133 | €169,081 | +€4,948 | +3.0% |
| Cash at bank and in hand | 54/58 | €70,215 | €1,673 | -€68,542 | -97.6% |
| Deferred charges and accrued income | 490/1 | €2,719 | €3,297 | +€578 | +21.3% |
| Total equity and liabilities | 10/49 | €432,011 | €371,429 | -€60,583 | -14.0% |
| Equity | 10/15 | €123,295 | €179,816 | +€56,521 | +45.8% |
| Contributions | 10/11 | €25,600 | €25,600 | = | 0.0% |
| Reserves | 13 | €28,560 | €28,560 | = | 0.0% |
| 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 | €26,700 | €26,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,135 | €125,656 | +€56,521 | +81.8% |
| Amounts payable | 17/49 | €308,716 | €191,612 | -€117,104 | -37.9% |
| Amounts payable within one year | 42/48 | €308,716 | €191,612 | -€117,104 | -37.9% |
| Financial debts | 43 | €97,170 | €41,438 | -€55,732 | -57.4% |
| Credit institutions | 430/8 | €97,170 | €41,438 | -€55,732 | -57.4% |
| Trade debts | 44 | €119,007 | €118,554 | -€453 | -0.4% |
| Suppliers | 440/4 | €119,007 | €118,554 | -€453 | -0.4% |
| Taxes, remuneration and social security | 45 | €912 | €1,001 | +€89 | +9.7% |
| Taxes | 450/3 | €912 | €912 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €89 | +€89 | |
| Other amounts payable | 47/48 | €91,627 | €30,620 | -€61,008 | -66.6% |
| Turnover | 70 | €774,968 | €178,726 | -€596,242 | -76.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €846,218 | €109,681 | -€736,537 | -87.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,543 | €2,280 | -€263 | -10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,890 | - | +€14,890 | |
| Other operating charges | 640/8 | €446 | - | -€446 | |
| Non-recurring operating charges | 66A | €106 | €80 | -€26 | -24.2% |
| Gross operating margin | 9900 | -€20,655 | €69,046 | +€89,700 | |
| Operating profit (loss) | 9901 | -€8,860 | €66,685 | +€75,545 | |
| Financial income | 75/76B | €78 | €111 | +€33 | +41.9% |
| Recurring financial income | 75 | €78 | €111 | +€33 | +41.9% |
| Financial charges | 65/66B | €11,472 | €10,275 | -€1,198 | -10.4% |
| Recurring financial charges | 65 | €11,472 | €10,275 | -€1,198 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,255 | €56,521 | +€76,776 | |
| Profit (loss) for the period | 9904 | -€20,255 | €56,521 | +€76,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,255 | €56,521 | +€76,776 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.