design15: 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.
design15
Largest movements
- Tangible fixed assets -€17,979
down €17,979 (-48.7%), from €36,943 to €18,964
of which Furniture and vehicles: -€14,864
- Receivables within one year +€15,870
up €15,870 (+59.4%), from €26,727 to €42,597
of which Other amounts receivable: +€8,237
- Cash +€2,349
up €2,349 (+5.1%), from €45,841 to €48,190
mainly Net result for the year (+€34,103) and Depreciation (+€17,979)
- Stocks and contracts +€2,136
new in 2025: €2,136
- Trade debts -€19,206
down €19,206 (-64.0%), from €30,007 to €10,801
- Profit (loss) carried forward +€16,456
up €16,456 (+26.1%), from €63,133 to €79,589
- Tax, wage and social debts +€11,630
up €11,630 (+474.2%), from €2,453 to €14,082
- Debts after one year -€5,639
no longer reported in 2025 (was €5,639)
- Gross operating margin +€21,914
up €21,914 (+48.5%), from €45,182 to €67,095
- Taxes +€5,328
up €5,328 (+58.3%), from €9,140 to €14,468
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 | €109,512 | €112,312 | +€2,800 | +2.6% |
| Fixed assets | 21/28 | €36,943 | €18,964 | -€17,979 | -48.7% |
| Tangible fixed assets | 22/27 | €36,943 | €18,964 | -€17,979 | -48.7% |
| Plant, machinery and equipment | 23 | €10,269 | €7,154 | -€3,115 | -30.3% |
| Furniture and vehicles | 24 | €26,674 | €11,810 | -€14,864 | -55.7% |
| Current assets | 29/58 | €72,568 | €93,348 | +€20,779 | +28.6% |
| Stocks and contracts in progress | 3 | - | €2,136 | +€2,136 | |
| Stocks | 30/36 | - | €2,136 | +€2,136 | |
| Amounts receivable within one year | 40/41 | €26,727 | €42,597 | +€15,870 | +59.4% |
| Trade receivables | 40 | €19,406 | €27,039 | +€7,633 | +39.3% |
| Other amounts receivable | 41 | €7,321 | €15,558 | +€8,237 | +112.5% |
| Cash at bank and in hand | 54/58 | €45,841 | €48,190 | +€2,349 | +5.1% |
| Deferred charges and accrued income | 490/1 | - | €424 | +€424 | |
| Total equity and liabilities | 10/49 | €109,512 | €112,312 | +€2,800 | +2.6% |
| Equity | 10/15 | €65,333 | €81,789 | +€16,456 | +25.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,133 | €79,589 | +€16,456 | +26.1% |
| Amounts payable | 17/49 | €44,179 | €30,522 | -€13,656 | -30.9% |
| Amounts payable after more than one year | 17 | €5,639 | - | -€5,639 | |
| Financial debts | 170/4 | €5,639 | - | -€5,639 | |
| Amounts payable within one year | 42/48 | €38,540 | €30,522 | -€8,017 | -20.8% |
| Current portion of amounts payable after more than one year | 42 | €6,080 | €5,639 | -€440 | -7.2% |
| Trade debts | 44 | €30,007 | €10,801 | -€19,206 | -64.0% |
| Suppliers | 440/4 | €30,007 | €10,801 | -€19,206 | -64.0% |
| Taxes, remuneration and social security | 45 | €2,453 | €14,082 | +€11,630 | +474.2% |
| Taxes | 450/3 | €2,453 | €14,082 | +€11,630 | +474.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,168 | €17,979 | -€189 | -1.0% |
| Other operating charges | 640/8 | €697 | €654 | -€44 | -6.3% |
| Gross operating margin | 9900 | €45,182 | €67,095 | +€21,914 | +48.5% |
| Operating profit (loss) | 9901 | €26,316 | €48,462 | +€22,146 | +84.2% |
| Financial income | 75/76B | €42 | €389 | +€347 | +829.9% |
| Recurring financial income | 75 | €42 | €389 | +€347 | +829.9% |
| Financial charges | 65/66B | €215 | €280 | +€65 | +30.2% |
| Recurring financial charges | 65 | €215 | €280 | +€65 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | €26,143 | €48,571 | +€22,428 | +85.8% |
| Income taxes | 67/77 | €9,140 | €14,468 | +€5,328 | +58.3% |
| Profit (loss) for the period | 9904 | €17,004 | €34,103 | +€17,100 | +100.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,004 | €34,103 | +€17,100 | +100.6% |
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 3 October 2026 via checked.be.