DESIGN CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year +€56,873
up €56,873 (+11.1%), from €511,975 to €568,848
of which Other amounts receivable: +€63,121
- Cash -€35,675
down €35,675 (-58.7%), from €60,752 to €25,078
mainly Contributions, distributions and other (-€86,000) and Receivables within one year (-€56,873)
- Receivables after one year -€17,830
down €17,830 (-25.0%), from €71,320 to €53,490
- Tangible fixed assets +€16,195
up €16,195 (+18.6%), from €86,873 to €103,068
of which Furniture and vehicles: +€14,334
- Trade debts -€39,220
down €39,220 (-17.7%), from €221,153 to €181,933
- Tax, wage and social debts +€37,410
up €37,410 (+131%), from €28,494 to €65,904
of which Taxes: +€38,710
- Other debts +€20,330
up €20,330 (+45.2%), from €44,933 to €65,263
- Profit (loss) carried forward +€16,570
up €16,570 (+5.3%), from €315,407 to €331,977
- Debts after one year -€14,869
down €14,869 (-20.8%), from €71,436 to €56,568
- Depreciation +€8,789
up €8,789 (+52.2%), from €16,831 to €25,620
- Gross operating margin +€7,713
up €7,713 (+4.8%), from €161,121 to €168,835
- Other operating charges +€6,395
up €6,395 (+120%), from €5,334 to €11,728
- Financial income +€6,155
up €6,155 (+87.2%), from €7,057 to €13,213
- Financial charges +€3,714
up €3,714 (+102%), from €3,651 to €7,364
of which Financial charges: +€3,714
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 | €739,618 | €761,514 | +€21,897 | +3.0% |
| Fixed assets | 21/28 | €88,573 | €104,768 | +€16,195 | +18.3% |
| Tangible fixed assets | 22/27 | €86,873 | €103,068 | +€16,195 | +18.6% |
| Plant, machinery and equipment | 23 | €2,772 | €4,634 | +€1,862 | +67.1% |
| Furniture and vehicles | 24 | €84,100 | €98,434 | +€14,334 | +17.0% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €651,045 | €656,747 | +€5,701 | +0.9% |
| Amounts receivable after more than one year | 29 | €71,320 | €53,490 | -€17,830 | -25.0% |
| Other amounts receivable | 291 | €71,320 | €53,490 | -€17,830 | -25.0% |
| Stocks and contracts in progress | 3 | €1,657 | €1,620 | -€38 | -2.3% |
| Stocks | 30/36 | €1,657 | €1,620 | -€38 | -2.3% |
| Amounts receivable within one year | 40/41 | €511,975 | €568,848 | +€56,873 | +11.1% |
| Trade receivables | 40 | €282,838 | €276,589 | -€6,249 | -2.2% |
| Other amounts receivable | 41 | €229,138 | €292,259 | +€63,121 | +27.5% |
| Cash at bank and in hand | 54/58 | €60,752 | €25,078 | -€35,675 | -58.7% |
| Deferred charges and accrued income | 490/1 | €5,340 | €7,711 | +€2,371 | +44.4% |
| Total equity and liabilities | 10/49 | €739,618 | €761,514 | +€21,897 | +3.0% |
| Equity | 10/15 | €369,367 | €385,937 | +€16,570 | +4.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,360 | €35,360 | = | 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% |
| Tax-exempt reserves | 132 | €33,500 | €33,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €315,407 | €331,977 | +€16,570 | +5.3% |
| Amounts payable | 17/49 | €370,251 | €375,577 | +€5,327 | +1.4% |
| Amounts payable after more than one year | 17 | €71,436 | €56,568 | -€14,869 | -20.8% |
| Financial debts | 170/4 | €71,436 | €56,568 | -€14,869 | -20.8% |
| Amounts payable within one year | 42/48 | €298,815 | €319,010 | +€20,195 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €4,235 | €5,910 | +€1,675 | +39.6% |
| Trade debts | 44 | €221,153 | €181,933 | -€39,220 | -17.7% |
| Suppliers | 440/4 | €221,153 | €181,933 | -€39,220 | -17.7% |
| Taxes, remuneration and social security | 45 | €28,494 | €65,904 | +€37,410 | +131% |
| Taxes | 450/3 | €26,494 | €65,204 | +€38,710 | +146% |
| Remuneration and social security | 454/9 | €2,000 | €700 | -€1,300 | -65.0% |
| Other amounts payable | 47/48 | €44,933 | €65,263 | +€20,330 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,831 | €25,620 | +€8,789 | +52.2% |
| Other operating charges | 640/8 | €5,334 | €11,728 | +€6,395 | +120% |
| Non-recurring operating charges | 66A | €4,352 | - | -€4,352 | |
| Gross operating margin | 9900 | €161,121 | €168,835 | +€7,713 | +4.8% |
| Operating profit (loss) | 9901 | €134,605 | €131,487 | -€3,118 | -2.3% |
| Financial income | 75/76B | €7,057 | €13,213 | +€6,155 | +87.2% |
| Recurring financial income | 75 | €7,057 | €13,213 | +€6,155 | +87.2% |
| Financial charges | 65/66B | €3,651 | €7,364 | +€3,714 | +102% |
| Recurring financial charges | 65 | €3,651 | €7,364 | +€3,714 | +102% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €138,011 | €137,335 | -€676 | -0.5% |
| Income taxes | 67/77 | €33,847 | €34,766 | +€918 | +2.7% |
| Profit (loss) for the period | 9904 | €104,164 | €102,570 | -€1,594 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €104,164 | €102,570 | -€1,594 | -1.5% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.