DESIGN CONCEPT GG: 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.
DESIGN CONCEPT GG
Largest movements
- Receivables within one year -€12,480
down €12,480 (-34.3%), from €36,410 to €23,931
of which Trade receivables: -€14,536
- Cash -€4,194
down €4,194 (-28.9%), from €14,488 to €10,294
mainly Advances received (-€29,485) and Other debts (-€17,867)
- Tangible fixed assets -€3,033
down €3,033 (-21.0%), from €14,416 to €11,383
of which Other tangible fixed assets: -€2,512
- Intangible fixed assets -€2,920
down €2,920 (-20.7%), from €14,113 to €11,193
- Deferred charges and accrued income +€2,018
up €2,018 (+110%), from €1,841 to €3,859
- Advances received -€29,485
no longer reported in 2025 (was €29,485)
- Accrued charges and deferred income +€24,689
up €24,689 (+5,585%), from €442 to €25,131
- Other debts -€17,867
down €17,867 (-90.2%), from €19,815 to €1,948
- Debts after one year -€10,440
down €10,440 (-32.3%), from €32,277 to €21,836
- Profit (loss) carried forward +€7,873
up €7,873 (+213%), from €3,695 to €11,568
- Gross operating margin +€21,886
up €21,886, from -€5,951 to €15,935
- Financial charges -€1,125
down €1,125 (-19.1%), from €5,893 to €4,768
- Financial income +€546
up €546 (+19.2%), from €2,851 to €3,397
- Depreciation -€289
down €289 (-4.6%), from €6,242 to €5,953
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 | €115,268 | €92,660 | -€22,609 | -19.6% |
| Fixed assets | 21/28 | €28,530 | €22,576 | -€5,953 | -20.9% |
| Intangible fixed assets | 21 | €14,113 | €11,193 | -€2,920 | -20.7% |
| Tangible fixed assets | 22/27 | €14,416 | €11,383 | -€3,033 | -21.0% |
| Furniture and vehicles | 24 | €706 | €184 | -€522 | -73.9% |
| Other tangible fixed assets | 26 | €13,710 | €11,198 | -€2,512 | -18.3% |
| Current assets | 29/58 | €86,739 | €70,083 | -€16,655 | -19.2% |
| Stocks and contracts in progress | 3 | €34,000 | €32,000 | -€2,000 | -5.9% |
| Contracts in progress | 37 | €34,000 | €32,000 | -€2,000 | -5.9% |
| Amounts receivable within one year | 40/41 | €36,410 | €23,931 | -€12,480 | -34.3% |
| Trade receivables | 40 | €31,924 | €17,388 | -€14,536 | -45.5% |
| Other amounts receivable | 41 | €4,486 | €6,542 | +€2,056 | +45.8% |
| Cash at bank and in hand | 54/58 | €14,488 | €10,294 | -€4,194 | -28.9% |
| Deferred charges and accrued income | 490/1 | €1,841 | €3,859 | +€2,018 | +110% |
| Total equity and liabilities | 10/49 | €115,268 | €92,660 | -€22,609 | -19.6% |
| Equity | 10/15 | €8,695 | €16,568 | +€7,873 | +90.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,695 | €11,568 | +€7,873 | +213% |
| Amounts payable | 17/49 | €106,573 | €76,092 | -€30,482 | -28.6% |
| Amounts payable after more than one year | 17 | €32,277 | €21,836 | -€10,440 | -32.3% |
| Financial debts | 170/4 | €32,277 | €21,836 | -€10,440 | -32.3% |
| Amounts payable within one year | 42/48 | €73,855 | €29,124 | -€44,730 | -60.6% |
| Current portion of amounts payable after more than one year | 42 | €15,256 | €10,440 | -€4,816 | -31.6% |
| Trade debts | 44 | €2,407 | €9,575 | +€7,169 | +298% |
| Suppliers | 440/4 | €2,407 | €9,575 | +€7,169 | +298% |
| Advances received on contracts in progress | 46 | €29,485 | - | -€29,485 | |
| Taxes, remuneration and social security | 45 | €6,891 | €7,161 | +€270 | +3.9% |
| Taxes | 450/3 | €4,641 | €4,911 | +€270 | +5.8% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €19,815 | €1,948 | -€17,867 | -90.2% |
| Accrued charges and deferred income | 492/3 | €442 | €25,131 | +€24,689 | +5,585% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,242 | €5,953 | -€289 | -4.6% |
| Other operating charges | 640/8 | €490 | €506 | +€15 | +3.1% |
| Gross operating margin | 9900 | -€5,951 | €15,935 | +€21,886 | |
| Operating profit (loss) | 9901 | -€12,684 | €9,476 | +€22,160 | |
| Financial income | 75/76B | €2,851 | €3,397 | +€546 | +19.2% |
| Recurring financial income | 75 | €2,851 | €3,397 | +€546 | +19.2% |
| Financial charges | 65/66B | €5,893 | €4,768 | -€1,125 | -19.1% |
| Recurring financial charges | 65 | €5,893 | €4,768 | -€1,125 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,726 | €8,105 | +€23,831 | |
| Income taxes | 67/77 | €249 | €232 | -€17 | -6.9% |
| Profit (loss) for the period | 9904 | -€15,975 | €7,873 | +€23,848 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,975 | €7,873 | +€23,848 |
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 22 October 2026 via checked.be.