DEWARD DESIGN: 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.
DEWARD DESIGN
Largest movements
- Cash +€53,844
up €53,844 (+117.3%), from €45,889 to €99,733
mainly Other debts (+€98,765) and Depreciation (+€18,270)
- Tangible fixed assets +€30,780
up €30,780 (+20.4%), from €150,553 to €181,333
of which Land and buildings: +€41,182
- Other debts +€98,765
up €98,765 (+4683.8%), from €2,109 to €100,874
- Profit (loss) carried forward -€16,102
down €16,102 (-10.7%), from €150,574 to €134,472
- Depreciation +€10,691
up €10,691 (+141.1%), from €7,579 to €18,270
- Gross operating margin +€10,622
up €10,622 (+365.2%), from €2,908 to €13,530
- Taxes +€2,535
up €2,535 (+43.8%), from €5,790 to €8,326
- Financial charges -€382
down €382 (-46.6%), from €820 to €438
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 | €222,722 | €304,662 | +€81,940 | +36.8% |
| Fixed assets | 21/28 | €150,553 | €181,333 | +€30,780 | +20.4% |
| Tangible fixed assets | 22/27 | €150,553 | €181,333 | +€30,780 | +20.4% |
| Land and buildings | 22 | €94,770 | €135,953 | +€41,182 | +43.5% |
| Plant, machinery and equipment | 23 | €4,510 | €4,510 | = | 0.0% |
| Furniture and vehicles | 24 | €51,273 | €40,871 | -€10,402 | -20.3% |
| Current assets | 29/58 | €72,169 | €123,329 | +€51,160 | +70.9% |
| Stocks and contracts in progress | 3 | €24,227 | €22,713 | -€1,514 | -6.2% |
| Stocks | 30/36 | €24,227 | €22,713 | -€1,514 | -6.2% |
| Amounts receivable within one year | 40/41 | €1,824 | €883 | -€941 | -51.6% |
| Trade receivables | 40 | €1,374 | €481 | -€893 | -65.0% |
| Other amounts receivable | 41 | €450 | €402 | -€47 | -10.5% |
| Cash at bank and in hand | 54/58 | €45,889 | €99,733 | +€53,844 | +117.3% |
| Deferred charges and accrued income | 490/1 | €229 | - | -€229 | |
| Total equity and liabilities | 10/49 | €222,722 | €304,662 | +€81,940 | +36.8% |
| Equity | 10/15 | €218,774 | €202,672 | -€16,102 | -7.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150,574 | €134,472 | -€16,102 | -10.7% |
| Amounts payable | 17/49 | €3,948 | €101,990 | +€98,042 | +2483.5% |
| Amounts payable within one year | 42/48 | €3,766 | €101,989 | +€98,223 | +2608.5% |
| Trade debts | 44 | €1,657 | €230 | -€1,427 | -86.1% |
| Suppliers | 440/4 | €1,657 | €230 | -€1,427 | -86.1% |
| Taxes, remuneration and social security | 45 | - | €885 | +€885 | |
| Taxes | 450/3 | - | €885 | +€885 | |
| Other amounts payable | 47/48 | €2,109 | €100,874 | +€98,765 | +4683.8% |
| Accrued charges and deferred income | 492/3 | €182 | €1 | -€181 | -99.5% |
| Non-recurring operating income | 76A | €5,206 | - | -€5,206 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,579 | €18,270 | +€10,691 | +141.1% |
| Other operating charges | 640/8 | €2,699 | €2,609 | -€90 | -3.3% |
| Gross operating margin | 9900 | €2,908 | €13,530 | +€10,622 | +365.2% |
| Operating profit (loss) | 9901 | -€7,370 | -€7,349 | +€20 | +0.3% |
| Financial income | 75/76B | €1 | €11 | +€10 | +1017.0% |
| Recurring financial income | 75 | €1 | €11 | +€10 | +1017.0% |
| Financial charges | 65/66B | €820 | €438 | -€382 | -46.6% |
| Recurring financial charges | 65 | €820 | €438 | -€382 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,189 | -€7,776 | +€412 | +5.0% |
| Income taxes | 67/77 | €5,790 | €8,326 | +€2,535 | +43.8% |
| Profit (loss) for the period | 9904 | -€13,979 | -€16,102 | -€2,123 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,979 | -€16,102 | -€2,123 | -15.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.