DESIGNERS REPUBLICS: 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.
DESIGNERS REPUBLICS
Largest movements
- Receivables within one year +€15,722
up €15,722 (+13.5%), from €116,332 to €132,054
of which Other amounts receivable: +€11,746
- Tangible fixed assets -€3,920
down €3,920 (-2.9%), from €135,322 to €131,402
of which Land and buildings: -€4,171
- Other debts +€48,500
new in 2025: €48,500
- Reserves -€23,500
down €23,500 (-18.4%), from €127,860 to €104,360
of which Distributable reserves: -€23,500
- Debts after one year -€13,832
down €13,832 (-17.9%), from €77,198 to €63,366
- Tax, wage and social debts -€4,725
down €4,725 (-24.1%), from €19,604 to €14,879
of which Taxes: -€5,025
- Short-term financial debts +€2,932
up €2,932 (+49.6%), from €5,914 to €8,845
- Financial charges -€4,827
down €4,827 (-65.5%), from €7,367 to €2,540
- Gross operating margin -€3,597
down €3,597 (-8.7%), from €41,397 to €37,799
- Depreciation -€946
down €946 (-17.9%), from €5,296 to €4,350
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 | €258,092 | €270,000 | +€11,909 | +4.6% |
| Fixed assets | 21/28 | €135,347 | €131,427 | -€3,920 | -2.9% |
| Tangible fixed assets | 22/27 | €135,322 | €131,402 | -€3,920 | -2.9% |
| Land and buildings | 22 | €135,240 | €131,069 | -€4,171 | -3.1% |
| Furniture and vehicles | 24 | €82 | €333 | +€252 | +308% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €122,745 | €138,574 | +€15,828 | +12.9% |
| Amounts receivable within one year | 40/41 | €116,332 | €132,054 | +€15,722 | +13.5% |
| Trade receivables | 40 | €18,124 | €22,100 | +€3,977 | +21.9% |
| Other amounts receivable | 41 | €98,208 | €109,954 | +€11,746 | +12.0% |
| Cash at bank and in hand | 54/58 | €859 | €671 | -€187 | -21.8% |
| Deferred charges and accrued income | 490/1 | €5,555 | €5,848 | +€294 | +5.3% |
| Total equity and liabilities | 10/49 | €258,092 | €270,000 | +€11,909 | +4.6% |
| Equity | 10/15 | €138,982 | €115,510 | -€23,472 | -16.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €127,860 | €104,360 | -€23,500 | -18.4% |
| 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 | €126,000 | €102,500 | -€23,500 | -18.7% |
| Profit (loss) carried forward | 14 | €4,922 | €4,950 | +€28 | +0.6% |
| Amounts payable | 17/49 | €119,110 | €154,490 | +€35,380 | +29.7% |
| Amounts payable after more than one year | 17 | €77,198 | €63,366 | -€13,832 | -17.9% |
| Financial debts | 170/4 | €77,198 | €63,366 | -€13,832 | -17.9% |
| Amounts payable within one year | 42/48 | €41,912 | €91,124 | +€49,212 | +117% |
| Current portion of amounts payable after more than one year | 42 | €13,508 | €13,832 | +€324 | +2.4% |
| Financial debts | 43 | €5,914 | €8,845 | +€2,932 | +49.6% |
| Credit institutions | 430/8 | €5,914 | €8,845 | +€2,932 | +49.6% |
| Trade debts | 44 | €2,886 | €5,068 | +€2,181 | +75.6% |
| Suppliers | 440/4 | €2,886 | €5,068 | +€2,181 | +75.6% |
| Taxes, remuneration and social security | 45 | €19,604 | €14,879 | -€4,725 | -24.1% |
| Taxes | 450/3 | €17,204 | €12,179 | -€5,025 | -29.2% |
| Remuneration and social security | 454/9 | €2,400 | €2,700 | +€300 | +12.5% |
| Other amounts payable | 47/48 | - | €48,500 | +€48,500 | |
| Remuneration, social security and pensions | 62 | €34 | €37 | +€3 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,296 | €4,350 | -€946 | -17.9% |
| Other operating charges | 640/8 | €1,853 | €1,758 | -€95 | -5.1% |
| Gross operating margin | 9900 | €41,397 | €37,799 | -€3,597 | -8.7% |
| Operating profit (loss) | 9901 | €34,213 | €31,653 | -€2,560 | -7.5% |
| Financial income | 75/76B | €5,508 | €5,845 | +€337 | +6.1% |
| Recurring financial income | 75 | €5,508 | €5,845 | +€337 | +6.1% |
| Financial charges | 65/66B | €7,367 | €2,540 | -€4,827 | -65.5% |
| Recurring financial charges | 65 | €7,367 | €2,540 | -€4,827 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €32,354 | €34,958 | +€2,604 | +8.0% |
| Income taxes | 67/77 | €10,090 | €9,930 | -€160 | -1.6% |
| Profit (loss) for the period | 9904 | €22,264 | €25,028 | +€2,764 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,264 | €25,028 | +€2,764 | +12.4% |
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 28 October 2026 via checked.be.