DESIGN TRAINING & SERVICES: 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 TRAINING & SERVICES
Largest movements
- Tangible fixed assets +€491,535
up €491,535 (+103%), from €476,040 to €967,575
of which Land and buildings: +€313,413
- Receivables within one year -€333,130
down €333,130 (-54.0%), from €617,245 to €284,116
of which Other amounts receivable: -€170,018
- Cash -€35,730
down €35,730 (-37.0%), from €96,549 to €60,819
mainly Investment in fixed assets (net) (-€541,505) and Tax, wage and social debts (-€2,686)
- Debts after one year +€62,438
up €62,438 (+23.9%), from €261,343 to €323,781
- Reserves +€30,000
up €30,000 (+6.0%), from €496,860 to €526,860
of which Distributable reserves: +€30,000
- Staff costs +€219,108
up €219,108 (+65.6%), from €334,018 to €553,126
- Gross operating margin +€95,801
up €95,801 (+16.3%), from €585,988 to €681,789
- Taxes -€56,859
down €56,859 (-80.3%), from €70,805 to €13,946
- Depreciation +€15,985
up €15,985 (+47.0%), from €33,985 to €49,970
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,197,103 | €1,318,266 | +€121,163 | +10.1% |
| Fixed assets | 21/28 | €478,619 | €970,154 | +€491,535 | +103% |
| Tangible fixed assets | 22/27 | €476,040 | €967,575 | +€491,535 | +103% |
| Land and buildings | 22 | €420,829 | €734,242 | +€313,413 | +74.5% |
| Plant, machinery and equipment | 23 | €39,471 | €190,705 | +€151,234 | +383% |
| Furniture and vehicles | 24 | €15,740 | €39,259 | +€23,518 | +149% |
| Other tangible fixed assets | 26 | - | €3,370 | +€3,370 | |
| Financial fixed assets | 28 | €2,579 | €2,579 | = | 0.0% |
| Current assets | 29/58 | €718,484 | €348,112 | -€370,372 | -51.5% |
| Amounts receivable within one year | 40/41 | €617,245 | €284,116 | -€333,130 | -54.0% |
| Trade receivables | 40 | €249,176 | €86,064 | -€163,112 | -65.5% |
| Other amounts receivable | 41 | €368,069 | €198,051 | -€170,018 | -46.2% |
| Cash at bank and in hand | 54/58 | €96,549 | €60,819 | -€35,730 | -37.0% |
| Deferred charges and accrued income | 490/1 | €4,690 | €3,177 | -€1,512 | -32.2% |
| Total equity and liabilities | 10/49 | €1,197,103 | €1,318,266 | +€121,163 | +10.1% |
| Equity | 10/15 | €616,925 | €659,752 | +€42,826 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €496,860 | €526,860 | +€30,000 | +6.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €495,000 | €525,000 | +€30,000 | +6.1% |
| Profit (loss) carried forward | 14 | €113,865 | €126,692 | +€12,826 | +11.3% |
| Amounts payable | 17/49 | €580,177 | €658,514 | +€78,337 | +13.5% |
| Amounts payable after more than one year | 17 | €261,343 | €323,781 | +€62,438 | +23.9% |
| Financial debts | 170/4 | €261,343 | €323,781 | +€62,438 | +23.9% |
| Amounts payable within one year | 42/48 | €318,530 | €334,733 | +€16,203 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €27,374 | €34,170 | +€6,795 | +24.8% |
| Trade debts | 44 | €157,060 | €169,153 | +€12,093 | +7.7% |
| Suppliers | 440/4 | €157,060 | €169,153 | +€12,093 | +7.7% |
| Taxes, remuneration and social security | 45 | €134,097 | €131,411 | -€2,686 | -2.0% |
| Taxes | 450/3 | €102,923 | €76,625 | -€26,298 | -25.6% |
| Remuneration and social security | 454/9 | €31,174 | €54,786 | +€23,612 | +75.7% |
| Accrued charges and deferred income | 492/3 | €304 | - | -€304 | |
| Remuneration, social security and pensions | 62 | €334,018 | €553,126 | +€219,108 | +65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,985 | €49,970 | +€15,985 | +47.0% |
| Other operating charges | 640/8 | €7,245 | €11,446 | +€4,201 | +58.0% |
| Gross operating margin | 9900 | €585,988 | €681,789 | +€95,801 | +16.3% |
| Operating profit (loss) | 9901 | €210,740 | €67,247 | -€143,493 | -68.1% |
| Financial income | 75/76B | €1 | €112 | +€111 | +17,370% |
| Recurring financial income | 75 | €1 | €112 | +€111 | +17,370% |
| Financial charges | 65/66B | €7,494 | €10,586 | +€3,092 | +41.3% |
| Recurring financial charges | 65 | €7,494 | €10,586 | +€3,092 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €203,246 | €56,772 | -€146,474 | -72.1% |
| Income taxes | 67/77 | €70,805 | €13,946 | -€56,859 | -80.3% |
| Profit (loss) for the period | 9904 | €132,441 | €42,826 | -€89,615 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €132,441 | €42,826 | -€89,615 | -67.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.