EDESIGN: 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.
EDESIGN
Largest movements
- Cash +€27,252
up €27,252 (+46.8%), from €58,193 to €85,446
mainly Other debts (+€430,838) and Net result for the year (+€52,413)
- Receivables within one year +€25,259
up €25,259 (+6.2%), from €408,624 to €433,883
of which Other amounts receivable: +€38,315
- Other debts +€430,838
new in 2025: €430,838
- Contributions -€430,000
down €430,000 (-87.5%), from €491,500 to €61,500
- Profit (loss) carried forward +€34,415
no longer reported in 2025 (was -€34,415)
- Reserves +€17,160
up €17,160 (+2,769%), from €620 to €17,780
of which Distributable reserves: +€16,260
- Trade debts -€8,397
down €8,397 (-39.0%), from €21,521 to €13,124
- Gross operating margin +€80,154
up €80,154, from -€16,447 to €63,708
- Taxes +€18,636
up €18,636 (+47,157%), from €40 to €18,676
- Financial income +€1,865
up €1,865 (+16.8%), from €11,071 to €12,937
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 | €479,226 | €530,871 | +€51,646 | +10.8% |
| Fixed assets | 21/28 | €12,409 | €9,650 | -€2,759 | -22.2% |
| Tangible fixed assets | 22/27 | €12,409 | €9,650 | -€2,759 | -22.2% |
| Plant, machinery and equipment | 23 | €4,072 | €2,491 | -€1,582 | -38.8% |
| Furniture and vehicles | 24 | €7,354 | €6,323 | -€1,031 | -14.0% |
| Other tangible fixed assets | 26 | €983 | €837 | -€146 | -14.9% |
| Current assets | 29/58 | €466,817 | €521,221 | +€54,404 | +11.7% |
| Amounts receivable within one year | 40/41 | €408,624 | €433,883 | +€25,259 | +6.2% |
| Trade receivables | 40 | €25,008 | €11,952 | -€13,056 | -52.2% |
| Other amounts receivable | 41 | €383,615 | €421,931 | +€38,315 | +10.0% |
| Cash at bank and in hand | 54/58 | €58,193 | €85,446 | +€27,252 | +46.8% |
| Deferred charges and accrued income | 490/1 | - | €1,893 | +€1,893 | |
| Total equity and liabilities | 10/49 | €479,226 | €530,871 | +€51,646 | +10.8% |
| Equity | 10/15 | €457,705 | €79,280 | -€378,425 | -82.7% |
| Contributions | 10/11 | €491,500 | €61,500 | -€430,000 | -87.5% |
| Capital | 10 | €491,500 | €61,500 | -€430,000 | -87.5% |
| Issued capital | 100 | €491,500 | €61,500 | -€430,000 | -87.5% |
| Reserves | 13 | €620 | €17,780 | +€17,160 | +2,769% |
| Non-distributable reserves | 130/1 | €620 | €1,520 | +€900 | +145% |
| Legal reserve | 130 | €620 | €1,520 | +€900 | +145% |
| Distributable reserves | 133 | - | €16,260 | +€16,260 | |
| Profit (loss) carried forward | 14 | -€34,415 | - | +€34,415 | |
| Amounts payable | 17/49 | €21,521 | €451,591 | +€430,071 | +1,998% |
| Amounts payable within one year | 42/48 | €21,521 | €451,591 | +€430,071 | +1,998% |
| Trade debts | 44 | €21,521 | €13,124 | -€8,397 | -39.0% |
| Suppliers | 440/4 | €21,521 | €13,124 | -€8,397 | -39.0% |
| Taxes, remuneration and social security | 45 | - | €7,630 | +€7,630 | |
| Taxes | 450/3 | - | €7,630 | +€7,630 | |
| Other amounts payable | 47/48 | - | €430,838 | +€430,838 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,907 | €4,525 | +€618 | +15.8% |
| Other operating charges | 640/8 | €572 | €446 | -€126 | -22.1% |
| Gross operating margin | 9900 | -€16,447 | €63,708 | +€80,154 | |
| Operating profit (loss) | 9901 | -€20,926 | €58,736 | +€79,662 | |
| Financial income | 75/76B | €11,071 | €12,937 | +€1,865 | +16.8% |
| Recurring financial income | 75 | €11,071 | €12,937 | +€1,865 | +16.8% |
| Financial charges | 65/66B | €878 | €585 | -€293 | -33.4% |
| Recurring financial charges | 65 | €878 | €585 | -€293 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,733 | €71,089 | +€81,821 | |
| Income taxes | 67/77 | €40 | €18,676 | +€18,636 | +47,157% |
| Profit (loss) for the period | 9904 | -€10,772 | €52,413 | +€63,185 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,772 | €52,413 | +€63,185 |
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 15 October 2026 via checked.be.