Designers@Work: 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.
Designers@Work
Largest movements
- Receivables within one year +€15,490
up €15,490 (+109.1%), from €14,201 to €29,691
of which Trade receivables: +€14,000
- Current investments -€14,973
down €14,973 (-49.2%), from €30,431 to €15,458
- Cash -€6,225
down €6,225 (-16.4%), from €37,993 to €31,767
mainly Contributions, distributions and other (-€57,582) and Investment in fixed assets (net) (-€45,799)
- Reserves -€25,992
down €25,992 (-59.8%), from €43,500 to €17,508
- Other debts +€13,902
up €13,902 (+21.7%), from €63,942 to €77,843
- Current portion of long-term debt +€11,480
up €11,480 (+36.9%), from €31,093 to €42,573
- Gross operating margin +€42,013
up €42,013 (+55.7%), from €75,366 to €117,379
- Depreciation +€10,503
up €10,503 (+29.8%), from €35,286 to €45,789
- Taxes +€5,387
up €5,387 (+118.9%), from €4,530 to €9,917
- Financial charges +€5,007
up €5,007 (+24.3%), from €20,632 to €25,639
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 | €609,768 | €604,986 | -€4,783 | -0.8% |
| Fixed assets | 21/28 | €521,876 | €521,887 | +€10 | 0.0% |
| Tangible fixed assets | 22/27 | €521,876 | €521,887 | +€10 | 0.0% |
| Land and buildings | 22 | €465,186 | €440,556 | -€24,629 | -5.3% |
| Plant, machinery and equipment | 23 | €2,141 | €1,900 | -€241 | -11.3% |
| Furniture and vehicles | 24 | €54,549 | €79,430 | +€24,881 | +45.6% |
| Current assets | 29/58 | €87,892 | €83,099 | -€4,793 | -5.5% |
| Amounts receivable within one year | 40/41 | €14,201 | €29,691 | +€15,490 | +109.1% |
| Trade receivables | 40 | €11,503 | €25,503 | +€14,000 | +121.7% |
| Other amounts receivable | 41 | €2,697 | €4,188 | +€1,490 | +55.2% |
| Current investments | 50/53 | €30,431 | €15,458 | -€14,973 | -49.2% |
| Cash at bank and in hand | 54/58 | €37,993 | €31,767 | -€6,225 | -16.4% |
| Deferred charges and accrued income | 490/1 | €5,267 | €6,183 | +€915 | +17.4% |
| Total equity and liabilities | 10/49 | €609,768 | €604,986 | -€4,783 | -0.8% |
| Equity | 10/15 | €55,500 | €29,508 | -€25,992 | -46.8% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €43,500 | €17,508 | -€25,992 | -59.8% |
| Distributable reserves | 133 | €43,500 | €17,508 | -€25,992 | -59.8% |
| Amounts payable | 17/49 | €554,268 | €575,477 | +€21,209 | +3.8% |
| Amounts payable after more than one year | 17 | €452,581 | €448,793 | -€3,788 | -0.8% |
| Financial debts | 170/4 | €452,581 | €448,793 | -€3,788 | -0.8% |
| Amounts payable within one year | 42/48 | €101,688 | €126,685 | +€24,997 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €31,093 | €42,573 | +€11,480 | +36.9% |
| Financial debts | 43 | €247 | €94 | -€153 | -61.8% |
| Credit institutions | 430/8 | €247 | €94 | -€153 | -61.8% |
| Trade debts | 44 | €560 | €4,521 | +€3,960 | +706.6% |
| Suppliers | 440/4 | €560 | €4,521 | +€3,960 | +706.6% |
| Taxes, remuneration and social security | 45 | €5,846 | €1,653 | -€4,193 | -71.7% |
| Taxes | 450/3 | €5,846 | €1,653 | -€4,193 | -71.7% |
| Other amounts payable | 47/48 | €63,942 | €77,843 | +€13,902 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,286 | €45,789 | +€10,503 | +29.8% |
| Other operating charges | 640/8 | €1,603 | €1,940 | +€338 | +21.1% |
| Non-recurring operating charges | 66A | - | €3,322 | +€3,322 | |
| Gross operating margin | 9900 | €75,366 | €117,379 | +€42,013 | +55.7% |
| Operating profit (loss) | 9901 | €38,478 | €66,328 | +€27,851 | +72.4% |
| Financial income | 75/76B | €43 | €818 | +€776 | +1815.8% |
| Recurring financial income | 75 | €43 | €818 | +€776 | +1815.8% |
| Financial charges | 65/66B | €20,632 | €25,639 | +€5,007 | +24.3% |
| Recurring financial charges | 65 | €20,632 | €25,639 | +€5,007 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €17,889 | €41,508 | +€23,619 | +132.0% |
| Income taxes | 67/77 | €4,530 | €9,917 | +€5,387 | +118.9% |
| Profit (loss) for the period | 9904 | €13,358 | €31,591 | +€18,232 | +136.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,358 | €31,591 | +€18,232 | +136.5% |
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 6 October 2026 via checked.be.