DESIGNATION CAD: 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.
DESIGNATION CAD
Largest movements
- Receivables within one year +€38,071
up €38,071 (+163%), from €23,402 to €61,473
of which Other amounts receivable: +€25,012
- Cash +€25,159
new in 2025: €25,159
mainly Net result for the year (+€43,976) and Depreciation (+€11,206)
- Current investments -€10,386
no longer reported in 2025 (was €10,386)
- Tangible fixed assets -€4,896
down €4,896 (-17.4%), from €28,152 to €23,256
of which Furniture and vehicles: -€6,876
- Profit (loss) carried forward +€33,976
up €33,976 (+216%), from €15,712 to €49,689
- Reserves +€10,000
up €10,000 (+100%), from €10,000 to €20,000
- Tax, wage and social debts +€8,672
up €8,672 (+129%), from €6,699 to €15,372
- Debts after one year -€5,217
down €5,217 (-36.4%), from €14,327 to €9,110
- Turnover -€9.5m
down €9.5m (-98.2%), from €9.7m to €173,811
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 | €61,940 | €109,888 | +€47,948 | +77.4% |
| Fixed assets | 21/28 | €28,152 | €23,256 | -€4,896 | -17.4% |
| Tangible fixed assets | 22/27 | €28,152 | €23,256 | -€4,896 | -17.4% |
| Plant, machinery and equipment | 23 | €1,010 | €2,989 | +€1,979 | +196% |
| Furniture and vehicles | 24 | €27,142 | €20,267 | -€6,876 | -25.3% |
| Current assets | 29/58 | €33,788 | €86,632 | +€52,844 | +156% |
| Amounts receivable within one year | 40/41 | €23,402 | €61,473 | +€38,071 | +163% |
| Trade receivables | 40 | €19,359 | €32,418 | +€13,059 | +67.5% |
| Other amounts receivable | 41 | €4,043 | €29,055 | +€25,012 | +619% |
| Current investments | 50/53 | €10,386 | - | -€10,386 | |
| Cash at bank and in hand | 54/58 | - | €25,159 | +€25,159 | |
| Total equity and liabilities | 10/49 | €61,940 | €109,888 | +€47,948 | +77.4% |
| Equity | 10/15 | €35,712 | €79,689 | +€43,976 | +123% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €20,000 | +€10,000 | +100% |
| Distributable reserves | 133 | €10,000 | €20,000 | +€10,000 | +100% |
| Profit (loss) carried forward | 14 | €15,712 | €49,689 | +€33,976 | +216% |
| Amounts payable | 17/49 | €26,228 | €30,199 | +€3,972 | +15.1% |
| Amounts payable after more than one year | 17 | €14,327 | €9,110 | -€5,217 | -36.4% |
| Financial debts | 170/4 | €14,327 | €9,110 | -€5,217 | -36.4% |
| Amounts payable within one year | 42/48 | €11,901 | €21,089 | +€9,188 | +77.2% |
| Current portion of amounts payable after more than one year | 42 | €5,038 | €5,217 | +€179 | +3.6% |
| Trade debts | 44 | €164 | €501 | +€337 | +205% |
| Suppliers | 440/4 | €164 | €501 | +€337 | +205% |
| Taxes, remuneration and social security | 45 | €6,699 | €15,372 | +€8,672 | +129% |
| Taxes | 450/3 | €6,699 | €15,372 | +€8,672 | +129% |
| Turnover | 70 | €9,707,343 | €173,811 | -€9.5m | -98.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,848 | €50,100 | +€7,251 | +16.9% |
| Remuneration, social security and pensions | 62 | €42,226 | €49,846 | +€7,619 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,238 | €11,206 | +€1,968 | +21.3% |
| Other operating charges | 640/8 | €289 | €304 | +€15 | +5.0% |
| Gross operating margin | 9900 | €54,225 | €123,711 | +€69,486 | +128% |
| Operating profit (loss) | 9901 | €2,472 | €62,356 | +€59,884 | +2,423% |
| Financial charges | 65/66B | €1,188 | €1,443 | +€255 | +21.4% |
| Recurring financial charges | 65 | €1,188 | €1,443 | +€255 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €1,284 | €60,913 | +€59,630 | +4,645% |
| Income taxes | 67/77 | -€1,201 | €16,937 | +€18,138 | |
| Profit (loss) for the period | 9904 | €2,485 | €43,976 | +€41,491 | +1,670% |
| Profit (loss) for the period to be appropriated | 9905 | €2,485 | €43,976 | +€41,491 | +1,670% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.