Design District: 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 District
Largest movements
- Cash +€46,719
up €46,719 (+194%), from €24,045 to €70,764
mainly Trade debts (+€42,254) and Advances received (+€39,945)
- Stocks and contracts +€34,876
up €34,876 (+51.0%), from €68,350 to €103,226
- Receivables within one year +€20,216
up €20,216 (+109%), from €18,477 to €38,693
of which Trade receivables: +€25,361
- Trade debts +€42,254
up €42,254 (+172%), from €24,607 to €66,860
- Advances received +€39,945
up €39,945, from €0 to €39,945
- Reserves +€25,139
up €25,139 (+113%), from €22,276 to €47,415
of which Distributable reserves: +€25,139
- Tax, wage and social debts -€5,470
down €5,470 (-14.9%), from €36,681 to €31,211
of which Taxes: -€8,771
- Gross operating margin +€14,757
up €14,757 (+29.6%), from €49,783 to €64,539
- Staff costs +€9,723
new in 2025: €9,723
- Financial charges -€4,841
down €4,841 (-78.6%), from €6,156 to €1,315
- Taxes +€4,214
up €4,214 (+42.5%), from €9,927 to €14,142
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 | €124,284 | €226,301 | +€102,017 | +82.1% |
| Fixed assets | 21/28 | €12,644 | €12,637 | -€7 | -0.1% |
| Tangible fixed assets | 22/27 | €12,334 | €12,327 | -€7 | -0.1% |
| Furniture and vehicles | 24 | €3,937 | €4,042 | +€105 | +2.7% |
| Other tangible fixed assets | 26 | €8,398 | €8,285 | -€112 | -1.3% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €111,640 | €213,664 | +€102,024 | +91.4% |
| Stocks and contracts in progress | 3 | €68,350 | €103,226 | +€34,876 | +51.0% |
| Stocks | 30/36 | €68,350 | €103,226 | +€34,876 | +51.0% |
| Amounts receivable within one year | 40/41 | €18,477 | €38,693 | +€20,216 | +109% |
| Trade receivables | 40 | €13,332 | €38,693 | +€25,361 | +190% |
| Other amounts receivable | 41 | €5,145 | €0 | -€5,145 | -100% |
| Cash at bank and in hand | 54/58 | €24,045 | €70,764 | +€46,719 | +194% |
| Deferred charges and accrued income | 490/1 | €768 | €980 | +€213 | +27.7% |
| Total equity and liabilities | 10/49 | €124,284 | €226,301 | +€102,017 | +82.1% |
| Equity | 10/15 | €49,776 | €74,915 | +€25,139 | +50.5% |
| Contributions | 10/11 | €8,370 | €8,370 | = | 0.0% |
| Reserves | 13 | €22,276 | €47,415 | +€25,139 | +113% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €22,276 | €47,415 | +€25,139 | +113% |
| Profit (loss) carried forward | 14 | €19,130 | €19,130 | = | 0.0% |
| Amounts payable | 17/49 | €74,508 | €151,386 | +€76,878 | +103% |
| Amounts payable within one year | 42/48 | €73,020 | €148,818 | +€75,798 | +104% |
| Trade debts | 44 | €24,607 | €66,860 | +€42,254 | +172% |
| Suppliers | 440/4 | €24,607 | €66,860 | +€42,254 | +172% |
| Advances received on contracts in progress | 46 | €0 | €39,945 | +€39,945 | |
| Taxes, remuneration and social security | 45 | €36,681 | €31,211 | -€5,470 | -14.9% |
| Taxes | 450/3 | €36,681 | €27,910 | -€8,771 | -23.9% |
| Remuneration and social security | 454/9 | - | €3,301 | +€3,301 | |
| Other amounts payable | 47/48 | €11,733 | €10,802 | -€931 | -7.9% |
| Accrued charges and deferred income | 492/3 | €1,488 | €2,568 | +€1,080 | +72.6% |
| Remuneration, social security and pensions | 62 | - | €9,723 | +€9,723 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,727 | €3,128 | +€401 | +14.7% |
| Other operating charges | 640/8 | €3,506 | €3,709 | +€203 | +5.8% |
| Gross operating margin | 9900 | €49,783 | €64,539 | +€14,757 | +29.6% |
| Operating profit (loss) | 9901 | €43,550 | €47,979 | +€4,429 | +10.2% |
| Financial income | 75/76B | €4 | €18 | +€14 | +346% |
| Recurring financial income | 75 | €4 | €18 | +€14 | +346% |
| Financial charges | 65/66B | €6,156 | €1,315 | -€4,841 | -78.6% |
| Recurring financial charges | 65 | €6,156 | €1,315 | -€4,841 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | €37,398 | €46,682 | +€9,284 | +24.8% |
| Income taxes | 67/77 | €9,927 | €14,142 | +€4,214 | +42.5% |
| Profit (loss) for the period | 9904 | €27,471 | €32,540 | +€5,069 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,471 | €32,540 | +€5,069 | +18.5% |
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 24 October 2026 via checked.be.