DESIGN IMMO: 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.
DESIGN IMMO
Largest movements
- Tangible fixed assets +€185,566
up €185,566 (+39.9%), from €465,007 to €650,574
of which Land and buildings: +€175,338
- Cash -€51,649
down €51,649 (-63.0%), from €81,949 to €30,300
mainly Investment in fixed assets (net) (-€218,436) and Receivables within one year (-€9,002)
- Receivables within one year +€9,002
up €9,002 (+155.3%), from €5,798 to €14,799
of which Trade receivables: +€9,075
- Debts after one year +€90,447
up €90,447 (+26.3%), from €343,915 to €434,362
- Trade debts +€38,214
up €38,214 (+50.8%), from €75,240 to €113,454
- Profit (loss) carried forward +€9,898
up €9,898 (+13.4%), from €73,841 to €83,739
- Other debts +€8,023
up €8,023 (+41.0%), from €19,571 to €27,594
- Depreciation +€6,136
up €6,136 (+23.0%), from €26,734 to €32,870
- Financial charges +€2,116
up €2,116 (+35.0%), from €6,053 to €8,169
- Taxes +€1,962
up €1,962 (+146.8%), from €1,337 to €3,299
- Gross operating margin -€1,006
down €1,006 (-1.7%), from €58,235 to €57,230
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
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 | €552,754 | €695,673 | +€142,919 | +25.9% |
| Fixed assets | 21/28 | €465,007 | €650,574 | +€185,566 | +39.9% |
| Tangible fixed assets | 22/27 | €465,007 | €650,574 | +€185,566 | +39.9% |
| Land and buildings | 22 | €422,483 | €597,821 | +€175,338 | +41.5% |
| Plant, machinery and equipment | 23 | €40,572 | €50,153 | +€9,581 | +23.6% |
| Furniture and vehicles | 24 | €1,952 | €2,600 | +€647 | +33.2% |
| Current assets | 29/58 | €87,747 | €45,099 | -€42,647 | -48.6% |
| Amounts receivable within one year | 40/41 | €5,798 | €14,799 | +€9,002 | +155.3% |
| Trade receivables | 40 | €5,724 | €14,799 | +€9,075 | +158.5% |
| Other amounts receivable | 41 | €74 | - | -€74 | |
| Cash at bank and in hand | 54/58 | €81,949 | €30,300 | -€51,649 | -63.0% |
| Total equity and liabilities | 10/49 | €552,754 | €695,673 | +€142,919 | +25.9% |
| Equity | 10/15 | €83,048 | €92,946 | +€9,898 | +11.9% |
| Contributions | 10/11 | €8,370 | €8,370 | = | 0.0% |
| Reserves | 13 | €837 | €837 | = | 0.0% |
| Non-distributable reserves | 130/1 | €837 | €837 | = | 0.0% |
| Reserves not available under the articles | 1311 | €837 | €837 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,841 | €83,739 | +€9,898 | +13.4% |
| Amounts payable | 17/49 | €469,706 | €602,726 | +€133,021 | +28.3% |
| Amounts payable after more than one year | 17 | €343,915 | €434,362 | +€90,447 | +26.3% |
| Financial debts | 170/4 | €343,915 | €434,362 | +€90,447 | +26.3% |
| Amounts payable within one year | 42/48 | €125,791 | €168,365 | +€42,573 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €18,649 | €17,621 | -€1,028 | -5.5% |
| Trade debts | 44 | €75,240 | €113,454 | +€38,214 | +50.8% |
| Suppliers | 440/4 | €75,240 | €113,454 | +€38,214 | +50.8% |
| Advances received on contracts in progress | 46 | €5,084 | - | -€5,084 | |
| Taxes, remuneration and social security | 45 | €7,248 | €9,696 | +€2,448 | +33.8% |
| Taxes | 450/3 | €7,248 | €9,696 | +€2,448 | +33.8% |
| Other amounts payable | 47/48 | €19,571 | €27,594 | +€8,023 | +41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,734 | €32,870 | +€6,136 | +23.0% |
| Other operating charges | 640/8 | €2,663 | €2,994 | +€330 | +12.4% |
| Gross operating margin | 9900 | €58,235 | €57,230 | -€1,006 | -1.7% |
| Operating profit (loss) | 9901 | €28,838 | €21,366 | -€7,472 | -25.9% |
| Financial charges | 65/66B | €6,053 | €8,169 | +€2,116 | +35.0% |
| Recurring financial charges | 65 | €6,053 | €8,169 | +€2,116 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €22,785 | €13,197 | -€9,588 | -42.1% |
| Income taxes | 67/77 | €1,337 | €3,299 | +€1,962 | +146.8% |
| Profit (loss) for the period | 9904 | €21,448 | €9,898 | -€11,550 | -53.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,448 | €9,898 | -€11,550 | -53.9% |
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.