DESIGN PLUS: what changed
Two financial 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 PLUS
Largest movements
- Stocks and contracts +€219,908
up €219,908 (+181%), from €121,718 to €341,626
- Cash +€102,325
up €102,325 (+20.2%), from €507,668 to €609,993
mainly Short-term financial debts (+€425,000) and Trade debts (+€376,258)
- Receivables within one year +€72,669
up €72,669 (+9.0%), from €806,487 to €879,156
of which Other amounts receivable: +€145,914
- Tangible fixed assets -€49,826
down €49,826 (-18.2%), from €274,132 to €224,306
of which Other tangible fixed assets: -€39,854
- Short-term financial debts +€425,000
new in 2025: €425,000
- Reserves -€387,901
down €387,901 (-53.9%), from €719,496 to €331,595
- Trade debts +€376,258
up €376,258 (+54.6%), from €689,008 to €1.1m
of which Bills of exchange payable: +€228,067
- Other debts -€32,837
no longer reported in 2025 (was €32,837)
- Tax, wage and social debts -€23,429
down €23,429 (-32.1%), from €72,884 to €49,455
of which Taxes: -€12,795
- Gross operating margin -€416,299
down €416,299 (-86.2%), from €482,920 to €66,621
- Provisions +€200,809
no longer reported in 2025 (was -€200,809)
- Taxes -€70,639
down €70,639 (-98.9%), from €71,448 to €809
- Staff costs -€59,502
down €59,502 (-14.3%), from €415,657 to €356,155
- Financial charges +€19,985
up €19,985 (+125%), from €16,024 to €36,009
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.
Derived cash bridge
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 | €1,739,015 | €2,080,386 | +€341,372 | +19.6% |
| Fixed assets | 21/28 | €274,550 | €224,306 | -€50,244 | -18.3% |
| Tangible fixed assets | 22/27 | €274,132 | €224,306 | -€49,826 | -18.2% |
| Plant, machinery and equipment | 23 | €2,284 | €1,996 | -€289 | -12.6% |
| Furniture and vehicles | 24 | €26,868 | €17,184 | -€9,684 | -36.0% |
| Other tangible fixed assets | 26 | €244,980 | €205,127 | -€39,854 | -16.3% |
| Financial fixed assets | 28 | €418 | - | -€418 | |
| Current assets | 29/58 | €1,464,464 | €1,856,080 | +€391,615 | +26.7% |
| Stocks and contracts in progress | 3 | €121,718 | €341,626 | +€219,908 | +181% |
| Contracts in progress | 37 | €121,718 | €341,626 | +€219,908 | +181% |
| Amounts receivable within one year | 40/41 | €806,487 | €879,156 | +€72,669 | +9.0% |
| Trade receivables | 40 | €773,405 | €700,161 | -€73,244 | -9.5% |
| Other amounts receivable | 41 | €33,081 | €178,995 | +€145,914 | +441% |
| Cash at bank and in hand | 54/58 | €507,668 | €609,993 | +€102,325 | +20.2% |
| Deferred charges and accrued income | 490/1 | €28,592 | €25,304 | -€3,287 | -11.5% |
| Total equity and liabilities | 10/49 | €1,739,015 | €2,080,386 | +€341,372 | +19.6% |
| Equity | 10/15 | €739,496 | €351,595 | -€387,901 | -52.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €719,496 | €331,595 | -€387,901 | -53.9% |
| Distributable reserves | 133 | €719,496 | €331,595 | -€387,901 | -53.9% |
| Amounts payable | 17/49 | €999,519 | €1,728,791 | +€729,272 | +73.0% |
| Amounts payable after more than one year | 17 | €185,634 | €167,484 | -€18,151 | -9.8% |
| Financial debts | 170/4 | €185,634 | €167,484 | -€18,151 | -9.8% |
| Amounts payable within one year | 42/48 | €812,088 | €1,557,872 | +€745,784 | +91.8% |
| Current portion of amounts payable after more than one year | 42 | €17,359 | €18,151 | +€792 | +4.6% |
| Financial debts | 43 | - | €425,000 | +€425,000 | |
| Credit institutions | 430/8 | - | €425,000 | +€425,000 | |
| Trade debts | 44 | €689,008 | €1,065,266 | +€376,258 | +54.6% |
| Suppliers | 440/4 | €689,008 | €837,199 | +€148,191 | +21.5% |
| Bills of exchange payable | 441 | - | €228,067 | +€228,067 | |
| Taxes, remuneration and social security | 45 | €72,884 | €49,455 | -€23,429 | -32.1% |
| Taxes | 450/3 | €12,795 | - | -€12,795 | |
| Remuneration and social security | 454/9 | €60,089 | €49,455 | -€10,634 | -17.7% |
| Other amounts payable | 47/48 | €32,837 | - | -€32,837 | |
| Accrued charges and deferred income | 492/3 | €1,797 | €3,436 | +€1,639 | +91.2% |
| Non-recurring operating income | 76A | €7,623 | €35,787 | +€28,164 | +369% |
| Remuneration, social security and pensions | 62 | €415,657 | €356,155 | -€59,502 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,154 | €37,487 | +€2,333 | +6.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€200,809 | - | +€200,809 | |
| Other operating charges | 640/8 | €9,888 | €8,552 | -€1,336 | -13.5% |
| Non-recurring operating charges | 66A | €8,051 | €23,452 | +€15,401 | +191% |
| Gross operating margin | 9900 | €482,920 | €66,621 | -€416,299 | -86.2% |
| Operating profit (loss) | 9901 | €214,979 | -€359,025 | -€574,004 | |
| Financial income | 75/76B | €6,097 | €7,942 | +€1,846 | +30.3% |
| Recurring financial income | 75 | €6,097 | €7,942 | +€1,846 | +30.3% |
| Financial charges | 65/66B | €16,024 | €36,009 | +€19,985 | +125% |
| Recurring financial charges | 65 | €16,024 | €36,009 | +€19,985 | +125% |
| Profit (loss) for the period before taxes | 9903 | €205,051 | -€387,092 | -€592,143 | |
| Income taxes | 67/77 | €71,448 | €809 | -€70,639 | -98.9% |
| Profit (loss) for the period | 9904 | €133,603 | -€387,901 | -€521,504 | |
| Profit (loss) for the period to be appropriated | 9905 | €133,603 | -€387,901 | -€521,504 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.