DESIGN-OOSTENDE: what changed
DESIGN-OOSTENDE
Largest movements
- Cash -€118,798
down €118,798 (-25.8%), from €460,779 to €341,980
mainly Contributions, distributions and other (-€650,000) and Advances received (-€317,641)
- Stocks and contracts +€69,089
up €69,089 (+10.1%), from €682,564 to €751,653
- Receivables within one year +€61,968
up €61,968 (+4.5%), from €1.4m to €1.4m
of which Other amounts receivable: +€295,326
- Tangible fixed assets -€51,048
down €51,048 (-10.8%), from €472,413 to €421,365
of which Land and buildings: -€45,364
- Deferred charges and accrued income +€45,474
new in 2025: €45,474
- Other debts +€368,105
up €368,105 (+114%), from €323,717 to €691,822
- Advances received -€317,641
down €317,641 (-42.7%), from €743,150 to €425,508
- Reserves +€115,884
up €115,884 (+18.1%), from €639,687 to €755,571
of which Distributable reserves: +€125,124
- Tax, wage and social debts -€95,782
down €95,782 (-31.6%), from €302,632 to €206,850
of which Taxes: -€92,992
- Trade debts -€60,627
down €60,627 (-7.4%), from €818,319 to €757,692
- Gross operating margin +€225,190
up €225,190 (+17.6%), from €1.3m to €1.5m
- Staff costs -€93,101
down €93,101 (-14.6%), from €638,866 to €545,765
- Depreciation -€22,171
down €22,171 (-11.9%), from €186,017 to €163,845
- Financial income +€20,958
up €20,958 (+245%), from €8,561 to €29,519
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,985,533 | €2,992,218 | +€6,685 | +0.2% |
| Fixed assets | 21/28 | €472,413 | €421,365 | -€51,048 | -10.8% |
| Tangible fixed assets | 22/27 | €472,413 | €421,365 | -€51,048 | -10.8% |
| Land and buildings | 22 | €288,957 | €243,593 | -€45,364 | -15.7% |
| Plant, machinery and equipment | 23 | €21,797 | €37,101 | +€15,304 | +70.2% |
| Furniture and vehicles | 24 | €161,659 | €140,671 | -€20,988 | -13.0% |
| Current assets | 29/58 | €2,513,120 | €2,570,853 | +€57,733 | +2.3% |
| Stocks and contracts in progress | 3 | €682,564 | €751,653 | +€69,089 | +10.1% |
| Stocks | 30/36 | €682,564 | €751,653 | +€69,089 | +10.1% |
| Amounts receivable within one year | 40/41 | €1,369,778 | €1,431,746 | +€61,968 | +4.5% |
| Trade receivables | 40 | €617,495 | €384,137 | -€233,358 | -37.8% |
| Other amounts receivable | 41 | €752,283 | €1,047,609 | +€295,326 | +39.3% |
| Cash at bank and in hand | 54/58 | €460,779 | €341,980 | -€118,798 | -25.8% |
| Deferred charges and accrued income | 490/1 | - | €45,474 | +€45,474 | |
| Total equity and liabilities | 10/49 | €2,985,533 | €2,992,218 | +€6,685 | +0.2% |
| Equity | 10/15 | €732,087 | €847,971 | +€115,884 | +15.8% |
| Contributions | 10/11 | €92,400 | €92,400 | = | 0.0% |
| Reserves | 13 | €639,687 | €755,571 | +€115,884 | +18.1% |
| Non-distributable reserves | 130/1 | €9,240 | €0 | -€9,240 | -100% |
| Reserves not available under the articles | 1311 | €9,240 | €0 | -€9,240 | -100% |
| Tax-exempt reserves | 132 | €8,383 | €8,383 | = | 0.0% |
| Distributable reserves | 133 | €622,064 | €747,188 | +€125,124 | +20.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,253,446 | €2,144,247 | -€109,200 | -4.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €2,191,071 | €2,081,872 | -€109,200 | -5.0% |
| Current portion of amounts payable after more than one year | 42 | €3,254 | €0 | -€3,254 | -100% |
| Trade debts | 44 | €818,319 | €757,692 | -€60,627 | -7.4% |
| Suppliers | 440/4 | €818,319 | €757,692 | -€60,627 | -7.4% |
| Advances received on contracts in progress | 46 | €743,150 | €425,508 | -€317,641 | -42.7% |
| Taxes, remuneration and social security | 45 | €302,632 | €206,850 | -€95,782 | -31.6% |
| Taxes | 450/3 | €235,184 | €142,192 | -€92,992 | -39.5% |
| Remuneration and social security | 454/9 | €67,447 | €64,658 | -€2,790 | -4.1% |
| Other amounts payable | 47/48 | €323,717 | €691,822 | +€368,105 | +114% |
| Accrued charges and deferred income | 492/3 | €62,375 | €62,375 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €11,754 | +€11,754 | |
| Remuneration, social security and pensions | 62 | €638,866 | €545,765 | -€93,101 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,017 | €163,845 | -€22,171 | -11.9% |
| Other operating charges | 640/8 | €20,888 | €6,805 | -€14,083 | -67.4% |
| Non-recurring operating charges | 66A | €2,484 | €0 | -€2,484 | -100% |
| Gross operating margin | 9900 | €1,276,276 | €1,501,466 | +€225,190 | +17.6% |
| Operating profit (loss) | 9901 | €428,022 | €785,051 | +€357,029 | +83.4% |
| Financial income | 75/76B | €8,561 | €29,519 | +€20,958 | +245% |
| Recurring financial income | 75 | €8,561 | €29,519 | +€20,958 | +245% |
| Financial charges | 65/66B | €8,287 | €6,271 | -€2,016 | -24.3% |
| Recurring financial charges | 65 | €8,287 | €6,271 | -€2,016 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €428,297 | €808,299 | +€380,003 | +88.7% |
| Income taxes | 67/77 | €49,124 | €42,415 | -€6,709 | -13.7% |
| Profit (loss) for the period | 9904 | €379,173 | €765,884 | +€386,711 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €379,173 | €765,884 | +€386,711 | +102% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.