DESIGN PROJECTS: 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 PROJECTS
Largest movements
- Cash +€41,308
up €41,308 (+377.6%), from €10,939 to €52,247
mainly Net result for the year (+€25,737) and Trade debts (+€22,063)
- Receivables within one year -€13,768
down €13,768 (-2.0%), from €697,088 to €683,320
of which Trade receivables: -€7,568
- Reserves +€429,888
up €429,888 (+9054.1%), from €4,748 to €434,636
of which Distributable reserves: +€429,887
- Profit (loss) carried forward -€404,150
down €404,150 (-100.0%), from €404,150 to €0
- Other debts -€28,625
down €28,625 (-100.0%), from €28,625 to €0
- Trade debts +€22,063
up €22,063 (+10.9%), from €202,097 to €224,160
- Short-term financial debts +€14,691
up €14,691 (+26.6%), from €55,184 to €69,875
- Gross operating margin +€69,838
up €69,838 (+224.3%), from €31,141 to €100,979
- Other operating charges +€57,907
up €57,907 (+3434.6%), from €1,686 to €59,593
- Taxes +€3,008
up €3,008 (+37.2%), from €8,077 to €11,085
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 | €708,027 | €735,567 | +€27,540 | +3.9% |
| Current assets | 29/58 | €708,027 | €735,567 | +€27,540 | +3.9% |
| Amounts receivable within one year | 40/41 | €697,088 | €683,320 | -€13,768 | -2.0% |
| Trade receivables | 40 | €674,296 | €666,728 | -€7,568 | -1.1% |
| Other amounts receivable | 41 | €22,792 | €16,592 | -€6,200 | -27.2% |
| Cash at bank and in hand | 54/58 | €10,939 | €52,247 | +€41,308 | +377.6% |
| Total equity and liabilities | 10/49 | €708,027 | €735,567 | +€27,540 | +3.9% |
| Equity | 10/15 | €415,098 | €440,836 | +€25,738 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,748 | €434,636 | +€429,888 | +9054.1% |
| Tax-exempt reserves | 132 | €1,616 | €1,616 | +€0 | 0.0% |
| Distributable reserves | 133 | €3,132 | €433,019 | +€429,887 | +13725.7% |
| Profit (loss) carried forward | 14 | €404,150 | €0 | -€404,150 | -100.0% |
| Amounts payable | 17/49 | €292,929 | €294,731 | +€1,802 | +0.6% |
| Amounts payable within one year | 42/48 | €292,929 | €294,731 | +€1,802 | +0.6% |
| Financial debts | 43 | €55,184 | €69,875 | +€14,691 | +26.6% |
| Credit institutions | 430/8 | €55,184 | €69,875 | +€14,691 | +26.6% |
| Trade debts | 44 | €202,097 | €224,160 | +€22,063 | +10.9% |
| Suppliers | 440/4 | €202,097 | €224,160 | +€22,063 | +10.9% |
| Taxes, remuneration and social security | 45 | €7,023 | €696 | -€6,327 | -90.1% |
| Taxes | 450/3 | €7,023 | €696 | -€6,327 | -90.1% |
| Other amounts payable | 47/48 | €28,625 | €0 | -€28,625 | -100.0% |
| Non-recurring operating income | 76A | €1,023 | €0 | -€1,023 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Other operating charges | 640/8 | €1,686 | €59,593 | +€57,907 | +3434.6% |
| Non-recurring operating charges | 66A | - | €1,798 | +€1,798 | |
| Gross operating margin | 9900 | €31,141 | €100,979 | +€69,838 | +224.3% |
| Operating profit (loss) | 9901 | €29,455 | €39,588 | +€10,133 | +34.4% |
| Financial income | 75/76B | €488 | €738 | +€250 | +51.2% |
| Recurring financial income | 75 | €488 | €738 | +€250 | +51.2% |
| Financial charges | 65/66B | €4,149 | €3,503 | -€646 | -15.6% |
| Recurring financial charges | 65 | €4,149 | €3,503 | -€646 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €25,794 | €36,823 | +€11,029 | +42.8% |
| Income taxes | 67/77 | €8,077 | €11,085 | +€3,008 | +37.2% |
| Profit (loss) for the period | 9904 | €17,717 | €25,737 | +€8,020 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,717 | €25,737 | +€8,020 | +45.3% |
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 5 October 2026 via checked.be.