FDESIGN STUDIO: 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.
FDESIGN STUDIO
Largest movements
- Tangible fixed assets -€4,357
down €4,357 (-88.7%), from €4,914 to €557
of which Other tangible fixed assets: -€3,728
- Receivables within one year +€1,615
up €1,615 (+17.0%), from €9,522 to €11,137
of which Other amounts receivable: +€1,615
- Cash -€1,064
down €1,064 (-94.9%), from €1,120 to €57
mainly Net result for the year (-€13,428) and Receivables within one year (-€1,615)
- Profit (loss) carried forward -€13,428
down €13,428 (-25.5%), from -€52,728 to -€66,156
- Other debts +€8,861
up €8,861 (+19.8%), from €44,709 to €53,570
- Trade debts +€761
up €761 (+22.6%), from €3,365 to €4,126
- Gross operating margin -€9,198
down €9,198, from €1,252 to -€7,946
- Other operating charges -€3,097
down €3,097 (-93.4%), from €3,317 to €220
- Depreciation -€438
down €438 (-9.1%), from €4,795 to €4,357
- Taxes +€412
new in 2025: €412
- Financial charges +€290
up €290 (+143.1%), from €203 to €493
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 | €15,807 | €12,000 | -€3,806 | -24.1% |
| Fixed assets | 21/28 | €5,164 | €807 | -€4,357 | -84.4% |
| Tangible fixed assets | 22/27 | €4,914 | €557 | -€4,357 | -88.7% |
| Plant, machinery and equipment | 23 | €312 | €0 | -€312 | -100.0% |
| Furniture and vehicles | 24 | €618 | €301 | -€317 | -51.3% |
| Other tangible fixed assets | 26 | €3,984 | €256 | -€3,728 | -93.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €10,642 | €11,193 | +€551 | +5.2% |
| Amounts receivable within one year | 40/41 | €9,522 | €11,137 | +€1,615 | +17.0% |
| Trade receivables | 40 | €7,365 | €7,365 | = | 0.0% |
| Other amounts receivable | 41 | €2,156 | €3,771 | +€1,615 | +74.9% |
| Cash at bank and in hand | 54/58 | €1,120 | €57 | -€1,064 | -94.9% |
| Total equity and liabilities | 10/49 | €15,807 | €12,000 | -€3,806 | -24.1% |
| Equity | 10/15 | -€32,268 | -€45,696 | -€13,428 | -41.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€52,728 | -€66,156 | -€13,428 | -25.5% |
| Amounts payable | 17/49 | €48,074 | €57,696 | +€9,622 | +20.0% |
| Amounts payable within one year | 42/48 | €48,074 | €57,696 | +€9,622 | +20.0% |
| Trade debts | 44 | €3,365 | €4,126 | +€761 | +22.6% |
| Suppliers | 440/4 | €3,365 | €4,126 | +€761 | +22.6% |
| Other amounts payable | 47/48 | €44,709 | €53,570 | +€8,861 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,795 | €4,357 | -€438 | -9.1% |
| Other operating charges | 640/8 | €3,317 | €220 | -€3,097 | -93.4% |
| Gross operating margin | 9900 | €1,252 | -€7,946 | -€9,198 | |
| Operating profit (loss) | 9901 | -€6,860 | -€12,524 | -€5,663 | -82.6% |
| Financial income | 75/76B | €5 | €1 | -€4 | -75.9% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -75.9% |
| Financial charges | 65/66B | €203 | €493 | +€290 | +143.1% |
| Recurring financial charges | 65 | €203 | €493 | +€290 | +143.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,058 | -€13,016 | -€5,957 | -84.4% |
| Income taxes | 67/77 | - | €412 | +€412 | |
| Profit (loss) for the period | 9904 | -€7,058 | -€13,428 | -€6,370 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,058 | -€13,428 | -€6,370 | -90.2% |
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 30 September 2026 via checked.be.