DF 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.
DF Design
Largest movements
- Receivables within one year -€88,301
down €88,301 (-7.7%), from €1.1m to €1.1m
of which Trade receivables: -€88,475
- Tangible fixed assets -€29,959
down €29,959 (-3.0%), from €1.0m to €972,419
of which Land and buildings: -€28,080
- Other debts +€230,115
up €230,115 (+434.7%), from €52,935 to €283,050
- Profit (loss) carried forward -€170,765
down €170,765 (-80.5%), from -€212,255 to -€383,020
- Trade debts -€94,169
down €94,169 (-6.8%), from €1.4m to €1.3m
- Debts after one year -€63,228
down €63,228 (-11.3%), from €557,693 to €494,465
- Current portion of long-term debt -€42,553
down €42,553 (-39.2%), from €108,566 to €66,013
- Gross operating margin +€56,467
up €56,467 (+43.8%), from -€129,004 to -€72,536
- Staff costs +€14,170
up €14,170 (+312.7%), from €4,532 to €18,702
- Financial charges +€12,962
up €12,962 (+244.7%), from €5,298 to €18,259
- Other operating charges +€10,736
up €10,736 (+1327.2%), from €809 to €11,545
- Depreciation +€2,497
up €2,497 (+5.3%), from €47,015 to €49,512
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,169,450 | €2,034,427 | -€135,023 | -6.2% |
| Fixed assets | 21/28 | €1,002,644 | €972,685 | -€29,959 | -3.0% |
| Tangible fixed assets | 22/27 | €1,002,378 | €972,419 | -€29,959 | -3.0% |
| Land and buildings | 22 | €870,541 | €842,461 | -€28,080 | -3.2% |
| Furniture and vehicles | 24 | €44,804 | €35,680 | -€9,124 | -20.4% |
| Other tangible fixed assets | 26 | €87,033 | €94,278 | +€7,245 | +8.3% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €1,166,806 | €1,061,741 | -€105,064 | -9.0% |
| Amounts receivable within one year | 40/41 | €1,149,149 | €1,060,848 | -€88,301 | -7.7% |
| Trade receivables | 40 | €1,149,149 | €1,060,673 | -€88,475 | -7.7% |
| Other amounts receivable | 41 | - | €174 | +€174 | |
| Cash at bank and in hand | 54/58 | €15,787 | €1 | -€15,786 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,870 | €893 | -€977 | -52.3% |
| Total equity and liabilities | 10/49 | €2,169,450 | €2,034,427 | -€135,023 | -6.2% |
| Equity | 10/15 | -€38,040 | -€208,805 | -€170,765 | -448.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €155,615 | €155,615 | = | 0.0% |
| 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 | €153,755 | €153,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,255 | -€383,020 | -€170,765 | -80.5% |
| Amounts payable | 17/49 | €2,207,490 | €2,243,232 | +€35,742 | +1.6% |
| Amounts payable after more than one year | 17 | €557,693 | €494,465 | -€63,228 | -11.3% |
| Financial debts | 170/4 | €557,693 | €494,465 | -€63,228 | -11.3% |
| Amounts payable within one year | 42/48 | €1,649,797 | €1,745,417 | +€95,620 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €108,566 | €66,013 | -€42,553 | -39.2% |
| Financial debts | 43 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Credit institutions | 430/8 | €80,000 | €100,000 | +€20,000 | +25.0% |
| Trade debts | 44 | €1,389,904 | €1,295,735 | -€94,169 | -6.8% |
| Suppliers | 440/4 | €1,389,904 | €1,295,735 | -€94,169 | -6.8% |
| Taxes, remuneration and social security | 45 | €18,391 | €619 | -€17,772 | -96.6% |
| Taxes | 450/3 | €18,391 | €619 | -€17,772 | -96.6% |
| Other amounts payable | 47/48 | €52,935 | €283,050 | +€230,115 | +434.7% |
| Accrued charges and deferred income | 492/3 | - | €3,349 | +€3,349 | |
| Non-recurring operating income | 76A | €16,551 | - | -€16,551 | |
| Remuneration, social security and pensions | 62 | €4,532 | €18,702 | +€14,170 | +312.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,015 | €49,512 | +€2,497 | +5.3% |
| Other operating charges | 640/8 | €809 | €11,545 | +€10,736 | +1327.2% |
| Gross operating margin | 9900 | -€129,004 | -€72,536 | +€56,467 | +43.8% |
| Operating profit (loss) | 9901 | -€181,359 | -€152,296 | +€29,064 | +16.0% |
| Financial charges | 65/66B | €5,298 | €18,259 | +€12,962 | +244.7% |
| Recurring financial charges | 65 | €5,298 | €18,259 | +€12,962 | +244.7% |
| Profit (loss) for the period before taxes | 9903 | -€186,657 | -€170,555 | +€16,102 | +8.6% |
| Income taxes | 67/77 | €409 | €210 | -€199 | -48.7% |
| Profit (loss) for the period | 9904 | -€187,066 | -€170,765 | +€16,301 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€187,066 | -€170,765 | +€16,301 | +8.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.