DESIGN PARTNER: 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 PARTNER
Largest movements
- Receivables within one year +€183,656
up €183,656 (+82.3%), from €223,038 to €406,694
of which Trade receivables: +€165,445
- Cash -€127,683
down €127,683 (-45.6%), from €279,817 to €152,134
mainly Receivables within one year (-€183,656) and Debts after one year (-€89,402)
- Deferred charges and accrued income -€55,544
down €55,544 (-68.4%), from €81,214 to €25,670
- Tangible fixed assets -€52,952
down €52,952 (-8.7%), from €610,076 to €557,124
of which Land and buildings: -€32,635
- Stocks and contracts +€46,074
up €46,074 (+138.6%), from €33,247 to €79,321
- Debts after one year -€89,402
down €89,402 (-10.9%), from €818,423 to €729,021
- Profit (loss) carried forward +€75,615
up €75,615 (+11.0%), from €688,255 to €763,870
- Trade debts +€50,757
up €50,757 (+215.7%), from €23,527 to €74,284
- Tax, wage and social debts -€39,119
down €39,119 (-76.7%), from €51,026 to €11,907
of which Remuneration and social security: -€31,746
- Gross operating margin -€40,033
down €40,033 (-8.2%), from €488,158 to €448,125
- Financial charges +€7,612
up €7,612 (+34.9%), from €21,811 to €29,423
- Staff costs -€7,335
down €7,335 (-3.0%), from €243,922 to €236,587
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 | €1,780,722 | €1,772,368 | -€8,354 | -0.5% |
| Fixed assets | 21/28 | €1,163,406 | €1,108,549 | -€54,857 | -4.7% |
| Intangible fixed assets | 21 | €4,446 | €2,541 | -€1,905 | -42.8% |
| Tangible fixed assets | 22/27 | €610,076 | €557,124 | -€52,952 | -8.7% |
| Land and buildings | 22 | €575,220 | €542,585 | -€32,635 | -5.7% |
| Furniture and vehicles | 24 | €34,856 | €14,539 | -€20,317 | -58.3% |
| Financial fixed assets | 28 | €548,884 | €548,884 | = | 0.0% |
| Current assets | 29/58 | €617,316 | €663,819 | +€46,503 | +7.5% |
| Stocks and contracts in progress | 3 | €33,247 | €79,321 | +€46,074 | +138.6% |
| Stocks | 30/36 | €33,247 | €79,321 | +€46,074 | +138.6% |
| Amounts receivable within one year | 40/41 | €223,038 | €406,694 | +€183,656 | +82.3% |
| Trade receivables | 40 | €125,905 | €291,350 | +€165,445 | +131.4% |
| Other amounts receivable | 41 | €97,133 | €115,344 | +€18,211 | +18.7% |
| Cash at bank and in hand | 54/58 | €279,817 | €152,134 | -€127,683 | -45.6% |
| Deferred charges and accrued income | 490/1 | €81,214 | €25,670 | -€55,544 | -68.4% |
| Total equity and liabilities | 10/49 | €1,780,722 | €1,772,368 | -€8,354 | -0.5% |
| Equity | 10/15 | €776,673 | €852,288 | +€75,615 | +9.7% |
| Contributions | 10/11 | €12,060 | €12,060 | = | 0.0% |
| Reserves | 13 | €76,358 | €76,358 | = | 0.0% |
| Tax-exempt reserves | 132 | €76,358 | €69,005 | -€7,353 | -9.6% |
| Distributable reserves | 133 | - | €7,353 | +€7,353 | |
| Profit (loss) carried forward | 14 | €688,255 | €763,870 | +€75,615 | +11.0% |
| Amounts payable | 17/49 | €1,004,049 | €920,080 | -€83,969 | -8.4% |
| Amounts payable after more than one year | 17 | €818,423 | €729,021 | -€89,402 | -10.9% |
| Financial debts | 170/4 | €818,423 | €729,021 | -€89,402 | -10.9% |
| Amounts payable within one year | 42/48 | €185,626 | €191,059 | +€5,433 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €89,684 | €89,402 | -€282 | -0.3% |
| Trade debts | 44 | €23,527 | €74,284 | +€50,757 | +215.7% |
| Suppliers | 440/4 | €23,527 | €74,284 | +€50,757 | +215.7% |
| Advances received on contracts in progress | 46 | €17,550 | €11,692 | -€5,858 | -33.4% |
| Taxes, remuneration and social security | 45 | €51,026 | €11,907 | -€39,119 | -76.7% |
| Taxes | 450/3 | €9,496 | €2,123 | -€7,373 | -77.6% |
| Remuneration and social security | 454/9 | €41,530 | €9,784 | -€31,746 | -76.4% |
| Other amounts payable | 47/48 | €3,839 | €3,774 | -€65 | -1.7% |
| Remuneration, social security and pensions | 62 | €243,922 | €236,587 | -€7,335 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,741 | €62,010 | +€269 | +0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,823 | - | +€2,823 | |
| Other operating charges | 640/8 | €13,785 | €13,615 | -€170 | -1.2% |
| Non-recurring operating charges | 66A | €6,884 | - | -€6,884 | |
| Gross operating margin | 9900 | €488,158 | €448,125 | -€40,033 | -8.2% |
| Operating profit (loss) | 9901 | €164,649 | €135,913 | -€28,736 | -17.5% |
| Financial income | 75/76B | €137 | €2,374 | +€2,237 | +1632.8% |
| Recurring financial income | 75 | €137 | €2,374 | +€2,237 | +1632.8% |
| Financial charges | 65/66B | €21,811 | €29,423 | +€7,612 | +34.9% |
| Recurring financial charges | 65 | €21,811 | €29,423 | +€7,612 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €142,975 | €108,864 | -€34,111 | -23.9% |
| Income taxes | 67/77 | €37,997 | €33,249 | -€4,748 | -12.5% |
| Profit (loss) for the period | 9904 | €104,978 | €75,615 | -€29,363 | -28.0% |
| Transfer from tax-exempt reserves | 789 | - | €7,353 | +€7,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €104,978 | €82,968 | -€22,010 | -21.0% |
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 2 October 2026 via checked.be.