DesignMatters: 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.
DesignMatters
Largest movements
- Receivables within one year +€40,282
up €40,282 (+67.1%), from €60,010 to €100,292
of which Trade receivables: +€22,708
- Receivables after one year -€9,016
down €9,016 (-8.9%), from €100,869 to €91,853
- Cash -€5,735
no longer reported in 2025 (was €5,735)
mainly Receivables within one year (-€40,282) and Investment in fixed assets (net) (-€466)
- Reserves +€10,734
up €10,734 (+8.2%), from €131,658 to €142,392
- Short-term financial debts +€7,081
up €7,081 (+472.1%), from €1,500 to €8,581
- Tax, wage and social debts +€5,901
up €5,901 (+58.6%), from €10,073 to €15,974
of which Remuneration and social security: +€6,485
- Taxes +€2,080
up €2,080 (+89.6%), from €2,322 to €4,402
- Gross operating margin -€1,353
down €1,353 (-8.0%), from €16,940 to €15,587
- Financial income -€1,248
down €1,248 (-24.6%), from €5,080 to €3,832
- Depreciation +€565
up €565 (+36.6%), from €1,546 to €2,112
- Financial charges +€489
up €489 (+139.0%), from €352 to €840
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 | €172,169 | €196,342 | +€24,173 | +14.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €5,115 | €3,469 | -€1,646 | -32.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €4,615 | €3,469 | -€1,146 | -24.8% |
| Plant, machinery and equipment | 23 | €0 | €734 | +€734 | |
| Furniture and vehicles | 24 | €4,615 | €2,735 | -€1,880 | -40.7% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €167,054 | €192,873 | +€25,819 | +15.5% |
| Amounts receivable after more than one year | 29 | €100,869 | €91,853 | -€9,016 | -8.9% |
| Other amounts receivable | 291 | €100,869 | €91,853 | -€9,016 | -8.9% |
| Amounts receivable within one year | 40/41 | €60,010 | €100,292 | +€40,282 | +67.1% |
| Trade receivables | 40 | €12,329 | €35,038 | +€22,708 | +184.2% |
| Other amounts receivable | 41 | €47,681 | €65,254 | +€17,573 | +36.9% |
| Cash at bank and in hand | 54/58 | €5,735 | - | -€5,735 | |
| Deferred charges and accrued income | 490/1 | €440 | €728 | +€288 | +65.4% |
| Total equity and liabilities | 10/49 | €172,169 | €196,342 | +€24,173 | +14.0% |
| Equity | 10/15 | €144,058 | €154,792 | +€10,734 | +7.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €131,658 | €142,392 | +€10,734 | +8.2% |
| Distributable reserves | 133 | €131,658 | €142,392 | +€10,734 | +8.2% |
| Amounts payable | 17/49 | €28,111 | €41,550 | +€13,439 | +47.8% |
| Amounts payable within one year | 42/48 | €28,111 | €41,550 | +€13,439 | +47.8% |
| Financial debts | 43 | €1,500 | €8,581 | +€7,081 | +472.1% |
| Credit institutions | 430/8 | €1,500 | €8,581 | +€7,081 | +472.1% |
| Trade debts | 44 | €16,538 | €16,995 | +€457 | +2.8% |
| Suppliers | 440/4 | €16,538 | €16,995 | +€457 | +2.8% |
| Taxes, remuneration and social security | 45 | €10,073 | €15,974 | +€5,901 | +58.6% |
| Taxes | 450/3 | €10,073 | €9,489 | -€584 | -5.8% |
| Remuneration and social security | 454/9 | - | €6,485 | +€6,485 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,546 | €2,112 | +€565 | +36.6% |
| Other operating charges | 640/8 | €892 | €1,331 | +€439 | +49.2% |
| Gross operating margin | 9900 | €16,940 | €15,587 | -€1,353 | -8.0% |
| Operating profit (loss) | 9901 | €14,502 | €12,144 | -€2,357 | -16.3% |
| Financial income | 75/76B | €5,080 | €3,832 | -€1,248 | -24.6% |
| Recurring financial income | 75 | €5,080 | €3,832 | -€1,248 | -24.6% |
| Financial charges | 65/66B | €352 | €840 | +€489 | +139.0% |
| Recurring financial charges | 65 | €352 | €840 | +€489 | +139.0% |
| Profit (loss) for the period before taxes | 9903 | €19,230 | €15,136 | -€4,094 | -21.3% |
| Income taxes | 67/77 | €2,322 | €4,402 | +€2,080 | +89.6% |
| Profit (loss) for the period | 9904 | €16,908 | €10,734 | -€6,174 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,908 | €10,734 | -€6,174 | -36.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.