DESIGN DEVELOP & BUILD: 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 DEVELOP & BUILD
Largest movements
- Intangible fixed assets -€42,870
down €42,870 (-57.2%), from €74,961 to €32,091
- Receivables within one year -€21,179
down €21,179 (-16.6%), from €127,512 to €106,333
of which Other amounts receivable: -€28,979
- Tangible fixed assets +€2,064
up €2,064 (+1563.9%), from €132 to €2,196
of which Furniture and vehicles: +€2,149
- Profit (loss) carried forward -€25,093
new in 2025: -€25,093
- Reserves -€21,229
down €21,229 (-99.1%), from €21,425 to €197
of which Distributable reserves: -€21,229
- Debts after one year -€14,579
down €14,579 (-26.6%), from €54,884 to €40,305
- Current portion of long-term debt -€7,457
down €7,457 (-33.8%), from €22,036 to €14,579
- Tax, wage and social debts +€5,792
up €5,792 (+6.7%), from €86,346 to €92,138
of which Taxes: +€3,292
- Gross operating margin -€27,921
down €27,921 (-38.2%), from €73,115 to €45,194
- Taxes +€17,165
up €17,165 (+240.3%), from €7,144 to €24,310
- Financial charges -€2,386
down €2,386 (-28.2%), from €8,452 to €6,066
- Other operating charges +€2,308
up €2,308 (+14.8%), from €15,617 to €17,925
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,605 | €140,621 | -€61,985 | -30.6% |
| Fixed assets | 21/28 | €75,093 | €34,287 | -€40,806 | -54.3% |
| Intangible fixed assets | 21 | €74,961 | €32,091 | -€42,870 | -57.2% |
| Tangible fixed assets | 22/27 | €132 | €2,196 | +€2,064 | +1563.9% |
| Plant, machinery and equipment | 23 | €98 | €13 | -€85 | -86.4% |
| Furniture and vehicles | 24 | €34 | €2,183 | +€2,149 | +6317.3% |
| Current assets | 29/58 | €127,512 | €106,333 | -€21,179 | -16.6% |
| Amounts receivable within one year | 40/41 | €127,512 | €106,333 | -€21,179 | -16.6% |
| Trade receivables | 40 | €10,527 | €18,328 | +€7,801 | +74.1% |
| Other amounts receivable | 41 | €116,985 | €88,005 | -€28,979 | -24.8% |
| Total equity and liabilities | 10/49 | €202,605 | €140,621 | -€61,985 | -30.6% |
| Equity | 10/15 | €26,425 | -€19,896 | -€46,321 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,425 | €197 | -€21,229 | -99.1% |
| Non-distributable reserves | 130/1 | €197 | €197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €197 | €197 | = | 0.0% |
| Distributable reserves | 133 | €21,229 | - | -€21,229 | |
| Profit (loss) carried forward | 14 | - | -€25,093 | -€25,093 | |
| Amounts payable | 17/49 | €176,180 | €160,517 | -€15,663 | -8.9% |
| Amounts payable after more than one year | 17 | €54,884 | €40,305 | -€14,579 | -26.6% |
| Financial debts | 170/4 | €54,884 | €40,305 | -€14,579 | -26.6% |
| Amounts payable within one year | 42/48 | €121,296 | €120,212 | -€1,084 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €22,036 | €14,579 | -€7,457 | -33.8% |
| Financial debts | 43 | €9,850 | €7,121 | -€2,730 | -27.7% |
| Credit institutions | 430/8 | €9,850 | €7,121 | -€2,730 | -27.7% |
| Trade debts | 44 | €3,064 | €5,692 | +€2,628 | +85.8% |
| Suppliers | 440/4 | €3,064 | €5,692 | +€2,628 | +85.8% |
| Taxes, remuneration and social security | 45 | €86,346 | €92,138 | +€5,792 | +6.7% |
| Taxes | 450/3 | €86,346 | €89,638 | +€3,292 | +3.8% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | - | €682 | +€682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,167 | €43,214 | +€47 | +0.1% |
| Other operating charges | 640/8 | €15,617 | €17,925 | +€2,308 | +14.8% |
| Gross operating margin | 9900 | €73,115 | €45,194 | -€27,921 | -38.2% |
| Operating profit (loss) | 9901 | €14,331 | -€15,945 | -€30,276 | |
| Financial charges | 65/66B | €8,452 | €6,066 | -€2,386 | -28.2% |
| Recurring financial charges | 65 | €8,452 | €6,066 | -€2,386 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €5,879 | -€22,012 | -€27,890 | |
| Income taxes | 67/77 | €7,144 | €24,310 | +€17,165 | +240.3% |
| Profit (loss) for the period | 9904 | -€1,265 | -€46,321 | -€45,056 | -3560.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,265 | -€46,321 | -€45,056 | -3560.6% |
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 11 October 2026 via checked.be.