Design Master: 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 Master
Largest movements
- Cash +€9,298
up €9,298 (+169.5%), from €5,487 to €14,785
mainly Net result for the year (+€8,232) and Advances received (+€4,102)
- Receivables within one year +€647
up €647 (+25.4%), from €2,550 to €3,197
of which Trade receivables: +€1,282
- Formation expenses -€344
down €344 (-24.5%), from €1,403 to €1,059
- Profit (loss) carried forward +€7,834
no longer reported in 2025 (was -€7,834)
- Advances received +€4,102
new in 2025: €4,102
- Trade debts -€1,798
down €1,798 (-42.6%), from €4,221 to €2,423
- Debts after one year -€1,000
down €1,000 (-32.8%), from €3,053 to €2,053
- Reserves +€398
new in 2025: €398
- Gross operating margin +€16,256
up €16,256, from -€7,441 to €8,815
- Other operating charges +€120
new in 2025: €120
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 | €9,440 | €19,042 | +€9,601 | +101.7% |
| Formation expenses | 20 | €1,403 | €1,059 | -€344 | -24.5% |
| Current assets | 29/58 | €8,037 | €17,983 | +€9,946 | +123.8% |
| Amounts receivable within one year | 40/41 | €2,550 | €3,197 | +€647 | +25.4% |
| Trade receivables | 40 | €1,014 | €2,296 | +€1,282 | +126.5% |
| Other amounts receivable | 41 | €1,536 | €901 | -€635 | -41.3% |
| Cash at bank and in hand | 54/58 | €5,487 | €14,785 | +€9,298 | +169.5% |
| Total equity and liabilities | 10/49 | €9,440 | €19,042 | +€9,601 | +101.7% |
| Equity | 10/15 | €2,166 | €10,398 | +€8,232 | +380.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €398 | +€398 | |
| Distributable reserves | 133 | - | €398 | +€398 | |
| Profit (loss) carried forward | 14 | -€7,834 | - | +€7,834 | |
| Amounts payable | 17/49 | €7,274 | €8,643 | +€1,369 | +18.8% |
| Amounts payable after more than one year | 17 | €3,053 | €2,053 | -€1,000 | -32.8% |
| Financial debts | 170/4 | €3,053 | €2,053 | -€1,000 | -32.8% |
| Amounts payable within one year | 42/48 | €4,221 | €6,590 | +€2,369 | +56.1% |
| Trade debts | 44 | €4,221 | €2,423 | -€1,798 | -42.6% |
| Suppliers | 440/4 | €4,221 | €2,423 | -€1,798 | -42.6% |
| Advances received on contracts in progress | 46 | - | €4,102 | +€4,102 | |
| Taxes, remuneration and social security | 45 | - | €65 | +€65 | |
| Taxes | 450/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €344 | +€26 | +8.1% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€7,441 | €8,815 | +€16,256 | |
| Operating profit (loss) | 9901 | -€7,760 | €8,350 | +€16,110 | |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.4% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,834 | €8,297 | +€16,130 | |
| Income taxes | 67/77 | - | €65 | +€65 | |
| Profit (loss) for the period | 9904 | -€7,834 | €8,232 | +€16,065 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,834 | €8,232 | +€16,065 |
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 8 October 2026 via checked.be.