DESIGN EXPRESS: what changed
Two fiscal 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.
What changed
DESIGN EXPRESS
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €1.2m+€548,458
Equity
€5.7m
2024 · €3.9m+€1.8m
Cash
€4.2m
2024 · €2.7m+€1.5m
Balance sheet total
€8.8m
2024 · €7.3m+€1.6m
Largest movements
Assets
- Cash +€1.5m
up €1.5m (+54.6%), from €2.7m to €4.2m
mainly Net result for the year (+€1.8m) and Depreciation (+€182,893)
- Tangible fixed assets +€214,698
up €214,698 (+12.9%), from €1.7m to €1.9m
of which Land and buildings: +€216,118
- Receivables within one year -€124,030
down €124,030 (-4.3%), from €2.9m to €2.7m
of which Trade receivables: -€134,304
Equity and liabilities
- Profit (loss) carried forward +€1.8m
up €1.8m (+45.1%), from €3.9m to €5.7m
- Trade debts -€204,317
down €204,317 (-14.4%), from €1.4m to €1.2m
Income statement
- Turnover +€2.7m
up €2.7m (+22.6%), from €12.0m to €14.7m
- Goods and materials +€1.9m
up €1.9m (+33.5%), from €5.7m to €7.6m
- Taxes +€195,651
up €195,651 (+46.8%), from €418,293 to €613,945
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.
Result 2024
€1.2m
Turnover
+€2.7m
Goods and materials
-€1.9m
Services and other goods
-€119,247
Staff costs
+€116,244
Depreciation
-€1,479
Other operating charges
-€1,392
Other operating items
-€12,915
Financial income
-€19,815
Financial charges
-€16,685
Taxes
-€195,651
Result 2025
€1.8m
Cash bridge derived
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.
From operations
+€1.9m
Investment
-€397,591
Financing
€0
Cash 2024
€2.7m
From operations (derived)
+€1.9m
Net result for the year
+€1.8m
Depreciation
+€182,893
Receivables within one year
+€124,030
Deferred charges and accrued income
+€6,385
Trade debts
-€204,317
Tax, wage and social debts
-€329
Accrued charges and deferred income
+€12,811
Investment (derived)
-€397,591
Investment in fixed assets (net)
-€397,591
Cash 2025
€4.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,263,395 | €8,842,528 | +€1.6m | +21.7% |
| Fixed assets | 21/28 | €1,662,776 | €1,877,475 | +€214,698 | +12.9% |
| Tangible fixed assets | 22/27 | €1,662,726 | €1,877,425 | +€214,698 | +12.9% |
| Land and buildings | 22 | €1,490,295 | €1,706,413 | +€216,118 | +14.5% |
| Plant, machinery and equipment | 23 | €27,304 | €22,228 | -€5,076 | -18.6% |
| Furniture and vehicles | 24 | €145,127 | €148,784 | +€3,657 | +2.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Other financial fixed assets | 284/8 | €50 | €50 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €5,600,619 | €6,965,054 | +€1.4m | +24.4% |
| Amounts receivable within one year | 40/41 | €2,858,774 | €2,734,743 | -€124,030 | -4.3% |
| Trade receivables | 40 | €2,662,059 | €2,527,756 | -€134,304 | -5.0% |
| Other amounts receivable | 41 | €196,715 | €206,988 | +€10,273 | +5.2% |
| Cash at bank and in hand | 54/58 | €2,735,460 | €4,230,310 | +€1.5m | +54.6% |
| Deferred charges and accrued income | 490/1 | €6,385 | - | -€6,385 | |
| Total equity and liabilities | 10/49 | €7,263,395 | €8,842,528 | +€1.6m | +21.7% |
| Equity | 10/15 | €3,946,608 | €5,717,576 | +€1.8m | +44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,926,148 | €5,697,116 | +€1.8m | +45.1% |
| Amounts payable | 17/49 | €3,316,787 | €3,124,952 | -€191,835 | -5.8% |
| Amounts payable within one year | 42/48 | €3,279,321 | €3,074,674 | -€204,646 | -6.2% |
| Trade debts | 44 | €1,422,655 | €1,218,338 | -€204,317 | -14.4% |
| Suppliers | 440/4 | €1,422,655 | €1,218,338 | -€204,317 | -14.4% |
| Taxes, remuneration and social security | 45 | €783,715 | €783,386 | -€329 | 0.0% |
| Taxes | 450/3 | €493,582 | €496,008 | +€2,426 | +0.5% |
| Remuneration and social security | 454/9 | €290,133 | €287,378 | -€2,755 | -0.9% |
| Other amounts payable | 47/48 | €1,072,950 | €1,072,950 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €37,467 | €50,278 | +€12,811 | +34.2% |
| Operating income | 70/76A | €12,027,202 | €14,746,016 | +€2.7m | +22.6% |
| Turnover | 70 | €12,027,202 | €14,746,016 | +€2.7m | +22.6% |
| Operating charges | 60/66A | €10,432,845 | €12,371,049 | +€1.9m | +18.6% |
| Goods for resale, raw materials and consumables | 60 | €5,724,678 | €7,644,094 | +€1.9m | +33.5% |
| Purchases | 600/8 | €5,724,678 | €7,644,094 | +€1.9m | +33.5% |
| Services and other goods | 61 | €1,525,323 | €1,644,570 | +€119,247 | +7.8% |
| Remuneration, social security and pensions | 62 | €2,860,134 | €2,743,890 | -€116,244 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181,414 | €182,893 | +€1,479 | +0.8% |
| Other operating charges | 640/8 | €141,295 | €142,688 | +€1,392 | +1.0% |
| Non-recurring operating charges | 66A | - | €12,915 | +€12,915 | |
| Operating profit (loss) | 9901 | €1,594,358 | €2,374,967 | +€780,609 | +49.0% |
| Financial income | 75/76B | €103,136 | €83,320 | -€19,815 | -19.2% |
| Recurring financial income | 75 | €103,136 | €83,320 | -€19,815 | -19.2% |
| Other financial income | 752/9 | €103,136 | €83,320 | -€19,815 | -19.2% |
| Financial charges | 65/66B | €56,690 | €73,374 | +€16,685 | +29.4% |
| Recurring financial charges | 65 | €56,690 | €73,374 | +€16,685 | +29.4% |
| Other financial charges | 652/9 | €56,690 | €73,374 | +€16,685 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €1,640,804 | €2,384,913 | +€744,109 | +45.4% |
| Income taxes | 67/77 | €418,293 | €613,945 | +€195,651 | +46.8% |
| Taxes | 670/3 | €418,293 | €613,945 | +€195,651 | +46.8% |
| Profit (loss) for the period | 9904 | €1,222,510 | €1,770,969 | +€548,458 | +44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,222,510 | €1,770,969 | +€548,458 | +44.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.