DESIGN STUDIO B: 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 STUDIO B
Largest movements
- Receivables within one year -€39,937
down €39,937 (-53.6%), from €74,562 to €34,625
of which Trade receivables: -€43,352
- Stocks and contracts -€17,566
down €17,566 (-9.4%), from €187,184 to €169,618
- Cash -€16,620
down €16,620 (-52.9%), from €31,435 to €14,815
mainly Net result for the year (-€38,484) and Trade debts (-€18,484)
- Tangible fixed assets -€6,591
down €6,591 (-20.4%), from €32,325 to €25,734
- Deferred charges and accrued income -€3,429
down €3,429 (-47.9%), from €7,159 to €3,730
- Profit (loss) carried forward -€38,484
new in 2025: -€38,484
- Trade debts -€18,484
down €18,484 (-40.1%), from €46,124 to €27,641
- Tax, wage and social debts -€18,061
down €18,061 (-63.0%), from €28,667 to €10,606
of which Taxes: -€18,811
- Debts after one year -€9,961
down €9,961 (-5.3%), from €188,239 to €178,278
- Gross operating margin -€57,634
down €57,634, from €33,770 to -€23,864
- Taxes -€7,657
down €7,657 (-98.1%), from €7,809 to €152
- Depreciation +€6,300
up €6,300 (+970.9%), from €649 to €6,949
- Financial income -€1,029
down €1,029 (-79.2%), from €1,298 to €270
- Other operating charges +€380
up €380 (+172.7%), from €220 to €600
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 | €334,437 | €249,936 | -€84,501 | -25.3% |
| Fixed assets | 21/28 | €34,097 | €27,148 | -€6,949 | -20.4% |
| Intangible fixed assets | 21 | €1,772 | €1,414 | -€358 | -20.2% |
| Tangible fixed assets | 22/27 | €32,325 | €25,734 | -€6,591 | -20.4% |
| Furniture and vehicles | 24 | €32,325 | €25,734 | -€6,591 | -20.4% |
| Current assets | 29/58 | €300,340 | €222,788 | -€77,552 | -25.8% |
| Stocks and contracts in progress | 3 | €187,184 | €169,618 | -€17,566 | -9.4% |
| Stocks | 30/36 | €187,184 | €169,618 | -€17,566 | -9.4% |
| Amounts receivable within one year | 40/41 | €74,562 | €34,625 | -€39,937 | -53.6% |
| Trade receivables | 40 | €72,896 | €29,544 | -€43,352 | -59.5% |
| Other amounts receivable | 41 | €1,667 | €5,082 | +€3,415 | +204.9% |
| Cash at bank and in hand | 54/58 | €31,435 | €14,815 | -€16,620 | -52.9% |
| Deferred charges and accrued income | 490/1 | €7,159 | €3,730 | -€3,429 | -47.9% |
| Total equity and liabilities | 10/49 | €334,437 | €249,936 | -€84,501 | -25.3% |
| Equity | 10/15 | €59,075 | €20,591 | -€38,484 | -65.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €39,075 | €39,075 | = | 0.0% |
| Distributable reserves | 133 | €39,075 | €39,075 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€38,484 | -€38,484 | |
| Amounts payable | 17/49 | €275,362 | €229,345 | -€46,017 | -16.7% |
| Amounts payable after more than one year | 17 | €188,239 | €178,278 | -€9,961 | -5.3% |
| Financial debts | 170/4 | €188,239 | €178,278 | -€9,961 | -5.3% |
| Amounts payable within one year | 42/48 | €87,123 | €51,052 | -€36,071 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €12,083 | €12,557 | +€474 | +3.9% |
| Trade debts | 44 | €46,124 | €27,641 | -€18,484 | -40.1% |
| Suppliers | 440/4 | €46,124 | €27,641 | -€18,484 | -40.1% |
| Taxes, remuneration and social security | 45 | €28,667 | €10,606 | -€18,061 | -63.0% |
| Taxes | 450/3 | €27,917 | €9,106 | -€18,811 | -67.4% |
| Remuneration and social security | 454/9 | €750 | €1,500 | +€750 | +100.0% |
| Other amounts payable | 47/48 | €249 | €249 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | €15 | +€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €649 | €6,949 | +€6,300 | +970.9% |
| Other operating charges | 640/8 | €220 | €600 | +€380 | +172.7% |
| Gross operating margin | 9900 | €33,770 | -€23,864 | -€57,634 | |
| Operating profit (loss) | 9901 | €32,901 | -€31,413 | -€64,315 | |
| Financial income | 75/76B | €1,298 | €270 | -€1,029 | -79.2% |
| Recurring financial income | 75 | €1,298 | €270 | -€1,029 | -79.2% |
| Financial charges | 65/66B | €6,854 | €7,189 | +€334 | +4.9% |
| Recurring financial charges | 65 | €6,854 | €7,189 | +€334 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €27,345 | -€38,332 | -€65,678 | |
| Income taxes | 67/77 | €7,809 | €152 | -€7,657 | -98.1% |
| Profit (loss) for the period | 9904 | €19,536 | -€38,484 | -€58,020 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,536 | -€38,484 | -€58,020 |
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.