DesiGnated: 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.
DesiGnated
Largest movements
- Receivables within one year +€16,570
up €16,570 (+542%), from €3,059 to €19,629
of which Trade receivables: +€16,716
- Cash -€7,026
down €7,026 (-90.3%), from €7,779 to €753
mainly Receivables within one year (-€16,570) and Investment in fixed assets (net) (-€6,627)
- Tangible fixed assets -€4,623
down €4,623 (-14.5%), from €31,873 to €27,250
of which Plant, machinery and equipment: -€4,599
- Deferred charges and accrued income +€2,988
up €2,988 (+58.2%), from €5,132 to €8,119
- Profit (loss) carried forward +€15,897
up €15,897, from -€15,485 to €412
- Debts after one year -€5,052
down €5,052 (-28.8%), from €17,513 to €12,461
- Other debts +€3,252
up €3,252 (+32.4%), from €10,037 to €13,289
- Tax, wage and social debts -€2,876
down €2,876 (-27.4%), from €10,498 to €7,622
of which Taxes: -€2,871
- Short-term financial debts -€1,560
down €1,560 (-92.5%), from €1,687 to €127
- Gross operating margin +€22,018
up €22,018 (+70.2%), from €31,350 to €53,368
- Staff costs +€8,378
up €8,378 (+56.6%), from €14,815 to €23,193
- Depreciation +€2,379
up €2,379 (+26.8%), from €8,872 to €11,250
- Financial charges -€1,958
down €1,958 (-60.0%), from €3,267 to €1,308
of which Non-recurring financial charges: -€1,728
- Taxes +€1,425
new in 2025: €1,425
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 | €47,843 | €55,752 | +€7,909 | +16.5% |
| Fixed assets | 21/28 | €31,873 | €27,250 | -€4,623 | -14.5% |
| Tangible fixed assets | 22/27 | €31,873 | €27,250 | -€4,623 | -14.5% |
| Plant, machinery and equipment | 23 | €26,214 | €21,615 | -€4,599 | -17.5% |
| Furniture and vehicles | 24 | €5,659 | €5,635 | -€24 | -0.4% |
| Current assets | 29/58 | €15,970 | €28,502 | +€12,532 | +78.5% |
| Amounts receivable within one year | 40/41 | €3,059 | €19,629 | +€16,570 | +542% |
| Trade receivables | 40 | €2,894 | €19,610 | +€16,716 | +578% |
| Other amounts receivable | 41 | €164 | €19 | -€145 | -88.5% |
| Cash at bank and in hand | 54/58 | €7,779 | €753 | -€7,026 | -90.3% |
| Deferred charges and accrued income | 490/1 | €5,132 | €8,119 | +€2,988 | +58.2% |
| Total equity and liabilities | 10/49 | €47,843 | €55,752 | +€7,909 | +16.5% |
| Equity | 10/15 | -€2,310 | €13,587 | +€15,897 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €9,175 | €9,175 | = | 0.0% |
| Distributable reserves | 133 | €9,175 | €9,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,485 | €412 | +€15,897 | |
| Amounts payable | 17/49 | €50,154 | €42,165 | -€7,988 | -15.9% |
| Amounts payable after more than one year | 17 | €17,513 | €12,461 | -€5,052 | -28.8% |
| Financial debts | 170/4 | €17,513 | €12,461 | -€5,052 | -28.8% |
| Amounts payable within one year | 42/48 | €32,640 | €29,704 | -€2,936 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €6,087 | €5,052 | -€1,035 | -17.0% |
| Financial debts | 43 | €1,687 | €127 | -€1,560 | -92.5% |
| Credit institutions | 430/8 | €1,687 | €127 | -€1,560 | -92.5% |
| Trade debts | 44 | €4,330 | €3,613 | -€717 | -16.6% |
| Suppliers | 440/4 | €4,330 | €3,613 | -€717 | -16.6% |
| Taxes, remuneration and social security | 45 | €10,498 | €7,622 | -€2,876 | -27.4% |
| Taxes | 450/3 | €5,637 | €2,766 | -€2,871 | -50.9% |
| Remuneration and social security | 454/9 | €4,861 | €4,856 | -€5 | -0.1% |
| Other amounts payable | 47/48 | €10,037 | €13,289 | +€3,252 | +32.4% |
| Remuneration, social security and pensions | 62 | €14,815 | €23,193 | +€8,378 | +56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,872 | €11,250 | +€2,379 | +26.8% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €31,350 | €53,368 | +€22,018 | +70.2% |
| Operating profit (loss) | 9901 | €7,663 | €18,538 | +€10,875 | +142% |
| Financial income | 75/76B | €79 | €93 | +€14 | +17.2% |
| Recurring financial income | 75 | €79 | €93 | +€14 | +17.2% |
| Financial charges | 65/66B | €3,267 | €1,308 | -€1,958 | -60.0% |
| Recurring financial charges | 65 | €1,539 | €1,308 | -€230 | -15.0% |
| Non-recurring financial charges | 66B | €1,728 | - | -€1,728 | |
| Profit (loss) for the period before taxes | 9903 | €4,476 | €17,322 | +€12,847 | +287% |
| Income taxes | 67/77 | - | €1,425 | +€1,425 | |
| Profit (loss) for the period | 9904 | €4,476 | €15,897 | +€11,421 | +255% |
| Profit (loss) for the period to be appropriated | 9905 | €4,476 | €15,897 | +€11,421 | +255% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.