GI-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.
GI-DESIGN
Largest movements
- Receivables within one year -€12,281
down €12,281 (-58.3%), from €21,082 to €8,801
of which Trade receivables: -€12,763
- Tangible fixed assets -€10,182
down €10,182 (-23.5%), from €43,242 to €33,060
of which Furniture and vehicles: -€10,432
- Stocks and contracts +€8,500
new in 2025: €8,500
- Cash +€1,349
up €1,349 (+28.3%), from €4,768 to €6,117
mainly Depreciation (+€13,652) and Receivables within one year (+€12,281)
- Deferred charges and accrued income +€1,268
up €1,268 (+519.7%), from €244 to €1,512
- Debts after one year -€9,295
down €9,295 (-89.1%), from €10,430 to €1,135
- Tax, wage and social debts -€6,858
down €6,858 (-51.6%), from €13,289 to €6,431
of which Taxes: -€9,458
- Advances received +€3,900
new in 2025: €3,900
- Current portion of long-term debt +€1,194
up €1,194 (+11.0%), from €10,884 to €12,078
- Gross operating margin -€6,121
down €6,121 (-26.2%), from €23,384 to €17,263
- Taxes -€1,973
down €1,973 (-81.8%), from €2,411 to €438
- Depreciation +€1,013
up €1,013 (+8.0%), from €12,639 to €13,652
- Financial charges -€538
down €538 (-21.2%), from €2,541 to €2,003
- Other operating charges -€276
down €276 (-24.7%), from €1,116 to €840
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 | €69,336 | €57,990 | -€11,346 | -16.4% |
| Fixed assets | 21/28 | €43,242 | €33,060 | -€10,182 | -23.5% |
| Tangible fixed assets | 22/27 | €43,242 | €33,060 | -€10,182 | -23.5% |
| Plant, machinery and equipment | 23 | €9,904 | €6,973 | -€2,931 | -29.6% |
| Furniture and vehicles | 24 | €33,338 | €22,906 | -€10,432 | -31.3% |
| Leasing and similar rights | 25 | - | €3,181 | +€3,181 | |
| Current assets | 29/58 | €26,094 | €24,930 | -€1,164 | -4.5% |
| Stocks and contracts in progress | 3 | - | €8,500 | +€8,500 | |
| Contracts in progress | 37 | - | €8,500 | +€8,500 | |
| Amounts receivable within one year | 40/41 | €21,082 | €8,801 | -€12,281 | -58.3% |
| Trade receivables | 40 | €19,992 | €7,229 | -€12,763 | -63.8% |
| Other amounts receivable | 41 | €1,090 | €1,572 | +€482 | +44.2% |
| Cash at bank and in hand | 54/58 | €4,768 | €6,117 | +€1,349 | +28.3% |
| Deferred charges and accrued income | 490/1 | €244 | €1,512 | +€1,268 | +519.7% |
| Total equity and liabilities | 10/49 | €69,336 | €57,990 | -€11,346 | -16.4% |
| Equity | 10/15 | €15,132 | €15,469 | +€337 | +2.2% |
| Contributions | 10/11 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €7,732 | €8,069 | +€337 | +4.4% |
| Distributable reserves | 133 | €7,732 | €8,069 | +€337 | +4.4% |
| Amounts payable | 17/49 | €54,204 | €42,521 | -€11,683 | -21.6% |
| Amounts payable after more than one year | 17 | €10,430 | €1,135 | -€9,295 | -89.1% |
| Financial debts | 170/4 | €10,430 | €1,135 | -€9,295 | -89.1% |
| Amounts payable within one year | 42/48 | €43,259 | €40,486 | -€2,773 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €10,884 | €12,078 | +€1,194 | +11.0% |
| Financial debts | 43 | €563 | - | -€563 | |
| Credit institutions | 430/8 | €563 | - | -€563 | |
| Trade debts | 44 | €979 | €557 | -€422 | -43.1% |
| Suppliers | 440/4 | €979 | €557 | -€422 | -43.1% |
| Advances received on contracts in progress | 46 | - | €3,900 | +€3,900 | |
| Taxes, remuneration and social security | 45 | €13,289 | €6,431 | -€6,858 | -51.6% |
| Taxes | 450/3 | €13,289 | €3,831 | -€9,458 | -71.2% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €17,544 | €17,520 | -€24 | -0.1% |
| Accrued charges and deferred income | 492/3 | €515 | €900 | +€385 | +74.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,639 | €13,652 | +€1,013 | +8.0% |
| Other operating charges | 640/8 | €1,116 | €840 | -€276 | -24.7% |
| Gross operating margin | 9900 | €23,384 | €17,263 | -€6,121 | -26.2% |
| Operating profit (loss) | 9901 | €9,629 | €2,771 | -€6,858 | -71.2% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €2,541 | €2,003 | -€538 | -21.2% |
| Recurring financial charges | 65 | €2,541 | €2,003 | -€538 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | €7,088 | €775 | -€6,313 | -89.1% |
| Income taxes | 67/77 | €2,411 | €438 | -€1,973 | -81.8% |
| Profit (loss) for the period | 9904 | €4,677 | €337 | -€4,340 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,677 | €337 | -€4,340 | -92.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.