FIRE - DESIGN: 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.
FIRE - DESIGN
Largest movements
- Tangible fixed assets -€30,170
down €30,170 (-3.9%), from €766,613 to €736,443
of which Land and buildings: -€21,873
- Receivables within one year -€12,972
down €12,972 (-19.3%), from €67,205 to €54,233
- Debts after one year -€63,867
down €63,867 (-13.8%), from €463,363 to €399,496
- Reserves +€11,202
up €11,202 (+4.3%), from €258,137 to €269,339
- Gross operating margin -€8,170
down €8,170 (-7.9%), from €102,868 to €94,698
- Other operating charges +€3,628
up €3,628 (+60.0%), from €6,049 to €9,677
- Taxes -€3,148
down €3,148 (-33.7%), from €9,352 to €6,205
- Financial charges -€2,310
down €2,310 (-10.3%), from €22,472 to €20,162
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 | €838,084 | €793,965 | -€44,119 | -5.3% |
| Fixed assets | 21/28 | €766,613 | €736,443 | -€30,170 | -3.9% |
| Tangible fixed assets | 22/27 | €766,613 | €736,443 | -€30,170 | -3.9% |
| Land and buildings | 22 | €731,672 | €709,799 | -€21,873 | -3.0% |
| Plant, machinery and equipment | 23 | €34,941 | €26,644 | -€8,297 | -23.7% |
| Current assets | 29/58 | €71,471 | €57,522 | -€13,949 | -19.5% |
| Amounts receivable within one year | 40/41 | €67,205 | €54,233 | -€12,972 | -19.3% |
| Other amounts receivable | 41 | €67,205 | €54,233 | -€12,972 | -19.3% |
| Cash at bank and in hand | 54/58 | €4,265 | €3,289 | -€977 | -22.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €838,084 | €793,965 | -€44,119 | -5.3% |
| Equity | 10/15 | €304,251 | €314,005 | +€9,754 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,137 | €269,339 | +€11,202 | +4.3% |
| Distributable reserves | 133 | €258,137 | €269,339 | +€11,202 | +4.3% |
| Investment grants | 15 | €27,514 | €26,066 | -€1,448 | -5.3% |
| Provisions and deferred taxes | 16 | €6,879 | €6,517 | -€362 | -5.3% |
| Deferred taxes | 168 | €6,879 | €6,517 | -€362 | -5.3% |
| Amounts payable | 17/49 | €526,954 | €473,443 | -€53,511 | -10.2% |
| Amounts payable after more than one year | 17 | €463,363 | €399,496 | -€63,867 | -13.8% |
| Financial debts | 170/4 | €463,363 | €399,496 | -€63,867 | -13.8% |
| Amounts payable within one year | 42/48 | €63,591 | €73,947 | +€10,356 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €61,420 | €63,867 | +€2,447 | +4.0% |
| Financial debts | 43 | - | €3,364 | +€3,364 | |
| Credit institutions | 430/8 | - | €3,364 | +€3,364 | |
| Trade debts | 44 | €834 | €6,364 | +€5,530 | +663.3% |
| Suppliers | 440/4 | €834 | €6,364 | +€5,530 | +663.3% |
| Taxes, remuneration and social security | 45 | €683 | €352 | -€331 | -48.4% |
| Taxes | 450/3 | €683 | €352 | -€331 | -48.4% |
| Other amounts payable | 47/48 | €654 | €0 | -€654 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,154 | €45,952 | +€798 | +1.8% |
| Other operating charges | 640/8 | €6,049 | €9,677 | +€3,628 | +60.0% |
| Non-recurring operating charges | 66A | - | €3,310 | +€3,310 | |
| Gross operating margin | 9900 | €102,868 | €94,698 | -€8,170 | -7.9% |
| Operating profit (loss) | 9901 | €51,665 | €35,759 | -€15,906 | -30.8% |
| Financial income | 75/76B | €1,448 | €1,448 | = | 0.0% |
| Recurring financial income | 75 | €1,448 | €1,448 | = | 0.0% |
| Financial charges | 65/66B | €22,472 | €20,162 | -€2,310 | -10.3% |
| Recurring financial charges | 65 | €22,472 | €20,162 | -€2,310 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €30,641 | €17,045 | -€13,596 | -44.4% |
| Transfer from deferred taxes | 780 | €362 | €362 | = | 0.0% |
| Income taxes | 67/77 | €9,352 | €6,205 | -€3,148 | -33.7% |
| Profit (loss) for the period | 9904 | €21,650 | €11,202 | -€10,448 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,650 | €11,202 | -€10,448 | -48.3% |
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 10 October 2026 via checked.be.