DESIGN VALLEY: 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 VALLEY
Largest movements
- Cash +€322,459
up €322,459 (+103%), from €312,375 to €634,834
mainly Net result for the year (+€182,629) and Depreciation (+€172,265)
- Tangible fixed assets -€147,028
down €147,028 (-4.3%), from €3.4m to €3.3m
of which Land and buildings: -€146,766
- Receivables after one year -€61,052
down €61,052 (-28.6%), from €213,786 to €152,735
of which Trade receivables: -€213,786
- Reserves +€183,000
up €183,000 (+7.8%), from €2.3m to €2.5m
of which Distributable reserves: +€183,000
- Debts after one year -€66,000
down €66,000 (-10.0%), from €660,000 to €594,000
- Depreciation -€70,341
down €70,341 (-29.0%), from €242,606 to €172,265
- Taxes +€21,351
up €21,351 (+54.0%), from €39,526 to €60,876
- Financial charges +€9,346
up €9,346 (+45.9%), from €20,377 to €29,724
- Gross operating margin +€6,283
up €6,283 (+1.4%), from €457,605 to €463,887
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 | €4,021,044 | €4,142,388 | +€121,344 | +3.0% |
| Fixed assets | 21/28 | €3,437,426 | €3,290,398 | -€147,028 | -4.3% |
| Tangible fixed assets | 22/27 | €3,437,426 | €3,290,398 | -€147,028 | -4.3% |
| Land and buildings | 22 | €3,436,500 | €3,289,734 | -€146,766 | -4.3% |
| Furniture and vehicles | 24 | €925 | €663 | -€262 | -28.3% |
| Current assets | 29/58 | €583,618 | €851,991 | +€268,372 | +46.0% |
| Amounts receivable after more than one year | 29 | €213,786 | €152,735 | -€61,052 | -28.6% |
| Trade receivables | 290 | €213,786 | €0 | -€213,786 | -100% |
| Other amounts receivable | 291 | - | €152,735 | +€152,735 | |
| Amounts receivable within one year | 40/41 | €57,398 | €64,363 | +€6,965 | +12.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €57,398 | €64,363 | +€6,965 | +12.1% |
| Cash at bank and in hand | 54/58 | €312,375 | €634,834 | +€322,459 | +103% |
| Deferred charges and accrued income | 490/1 | €59 | €59 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,021,044 | €4,142,388 | +€121,344 | +3.0% |
| Equity | 10/15 | €2,915,447 | €3,098,076 | +€182,629 | +6.3% |
| Contributions | 10/11 | €575,000 | €575,000 | = | 0.0% |
| Capital | 10 | €575,000 | €575,000 | = | 0.0% |
| Issued capital | 100 | €575,000 | €575,000 | = | 0.0% |
| Reserves | 13 | €2,340,000 | €2,523,000 | +€183,000 | +7.8% |
| Non-distributable reserves | 130/1 | €57,500 | €57,500 | = | 0.0% |
| Legal reserve | 130 | €57,500 | €57,500 | = | 0.0% |
| Distributable reserves | 133 | €2,282,500 | €2,465,500 | +€183,000 | +8.0% |
| Profit (loss) carried forward | 14 | €447 | €76 | -€371 | -83.0% |
| Amounts payable | 17/49 | €1,105,597 | €1,044,312 | -€61,285 | -5.5% |
| Amounts payable after more than one year | 17 | €660,000 | €594,000 | -€66,000 | -10.0% |
| Financial debts | 170/4 | €660,000 | €594,000 | -€66,000 | -10.0% |
| Amounts payable within one year | 42/48 | €425,367 | €420,864 | -€4,503 | -1.1% |
| Trade debts | 44 | €841 | €864 | +€23 | +2.8% |
| Suppliers | 440/4 | €841 | €864 | +€23 | +2.8% |
| Taxes, remuneration and social security | 45 | €4,526 | €0 | -€4,526 | -100% |
| Taxes | 450/3 | €4,526 | €0 | -€4,526 | -100% |
| Other amounts payable | 47/48 | €420,000 | €420,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €20,230 | €29,448 | +€9,218 | +45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €242,606 | €172,265 | -€70,341 | -29.0% |
| Other operating charges | 640/8 | €32,378 | €34,324 | +€1,946 | +6.0% |
| Gross operating margin | 9900 | €457,605 | €463,887 | +€6,283 | +1.4% |
| Operating profit (loss) | 9901 | €182,621 | €257,298 | +€74,678 | +40.9% |
| Financial income | 75/76B | €19,522 | €15,931 | -€3,592 | -18.4% |
| Recurring financial income | 75 | €19,522 | €15,931 | -€3,592 | -18.4% |
| Financial charges | 65/66B | €20,377 | €29,724 | +€9,346 | +45.9% |
| Recurring financial charges | 65 | €20,377 | €29,724 | +€9,346 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €181,766 | €243,505 | +€61,740 | +34.0% |
| Income taxes | 67/77 | €39,526 | €60,876 | +€21,351 | +54.0% |
| Profit (loss) for the period | 9904 | €142,240 | €182,629 | +€40,389 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €142,240 | €182,629 | +€40,389 | +28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.