GN DESIGN SRL: 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.
GN DESIGN SRL
Largest movements
- Cash +€88,265
up €88,265 (+110%), from €80,449 to €168,714
mainly Other debts (+€187,306) and Net result for the year (+€140,239)
- Stocks and contracts +€56,871
new in 2025: €56,871
- Tangible fixed assets +€21,203
up €21,203 (+64.2%), from €33,040 to €54,243
of which Furniture and vehicles: +€15,698
- Receivables within one year +€7,769
up €7,769 (+16.8%), from €46,383 to €54,152
of which Other amounts receivable: +€18,049
- Financial fixed assets +€5,210
up €5,210 (+868%), from €600 to €5,810
- Other debts +€187,306
up €187,306 (+40,691%), from €460 to €187,766
- Profit (loss) carried forward -€45,582
down €45,582 (-53.1%), from €85,821 to €40,239
- Trade debts +€23,156
up €23,156 (+2,473%), from €936 to €24,092
- Advances received -€19,270
no longer reported in 2025 (was €19,270)
- Tax, wage and social debts +€18,195
up €18,195 (+69.1%), from €26,338 to €44,533
of which Taxes: +€19,383
- Gross operating margin +€228,179
up €228,179 (+1,786%), from €12,774 to €240,953
- Staff costs +€38,905
new in 2025: €38,905
- Taxes +€38,835
up €38,835 (+3,970%), from €978 to €39,814
- Depreciation +€7,147
up €7,147 (+69.9%), from €10,218 to €17,364
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 | €162,821 | €342,699 | +€179,879 | +110% |
| Fixed assets | 21/28 | €33,640 | €60,053 | +€26,413 | +78.5% |
| Tangible fixed assets | 22/27 | €33,040 | €54,243 | +€21,203 | +64.2% |
| Plant, machinery and equipment | 23 | €4,230 | €9,736 | +€5,505 | +130% |
| Furniture and vehicles | 24 | €28,809 | €44,507 | +€15,698 | +54.5% |
| Financial fixed assets | 28 | €600 | €5,810 | +€5,210 | +868% |
| Current assets | 29/58 | €129,181 | €282,647 | +€153,466 | +119% |
| Stocks and contracts in progress | 3 | - | €56,871 | +€56,871 | |
| Stocks | 30/36 | - | €56,871 | +€56,871 | |
| Amounts receivable within one year | 40/41 | €46,383 | €54,152 | +€7,769 | +16.8% |
| Trade receivables | 40 | €35,645 | €25,366 | -€10,280 | -28.8% |
| Other amounts receivable | 41 | €10,737 | €28,786 | +€18,049 | +168% |
| Cash at bank and in hand | 54/58 | €80,449 | €168,714 | +€88,265 | +110% |
| Deferred charges and accrued income | 490/1 | €2,349 | €2,910 | +€561 | +23.9% |
| Total equity and liabilities | 10/49 | €162,821 | €342,699 | +€179,879 | +110% |
| Equity | 10/15 | €87,821 | €42,239 | -€45,582 | -51.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,821 | €40,239 | -€45,582 | -53.1% |
| Amounts payable | 17/49 | €75,000 | €300,460 | +€225,460 | +301% |
| Amounts payable after more than one year | 17 | €20,621 | €31,129 | +€10,508 | +51.0% |
| Financial debts | 170/4 | €20,621 | €31,129 | +€10,508 | +51.0% |
| Amounts payable within one year | 42/48 | €54,379 | €269,331 | +€214,952 | +395% |
| Current portion of amounts payable after more than one year | 42 | €7,374 | €12,939 | +€5,566 | +75.5% |
| Trade debts | 44 | €936 | €24,092 | +€23,156 | +2,473% |
| Suppliers | 440/4 | €936 | €24,092 | +€23,156 | +2,473% |
| Advances received on contracts in progress | 46 | €19,270 | - | -€19,270 | |
| Taxes, remuneration and social security | 45 | €26,338 | €44,533 | +€18,195 | +69.1% |
| Taxes | 450/3 | €23,588 | €42,971 | +€19,383 | +82.2% |
| Remuneration and social security | 454/9 | €2,750 | €1,562 | -€1,188 | -43.2% |
| Other amounts payable | 47/48 | €460 | €187,766 | +€187,306 | +40,691% |
| Remuneration, social security and pensions | 62 | - | €38,905 | +€38,905 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,218 | €17,364 | +€7,147 | +69.9% |
| Other operating charges | 640/8 | €244 | €855 | +€610 | +250% |
| Gross operating margin | 9900 | €12,774 | €240,953 | +€228,179 | +1,786% |
| Operating profit (loss) | 9901 | €2,312 | €183,829 | +€181,517 | +7,851% |
| Financial income | 75/76B | €241 | €6 | -€235 | -97.6% |
| Recurring financial income | 75 | €241 | €6 | -€235 | -97.6% |
| Financial charges | 65/66B | €1,437 | €3,782 | +€2,345 | +163% |
| Recurring financial charges | 65 | €1,437 | €3,782 | +€2,345 | +163% |
| Profit (loss) for the period before taxes | 9903 | €1,116 | €180,053 | +€178,937 | +16,031% |
| Income taxes | 67/77 | €978 | €39,814 | +€38,835 | +3,970% |
| Profit (loss) for the period | 9904 | €138 | €140,239 | +€140,101 | +101,442% |
| Profit (loss) for the period to be appropriated | 9905 | €138 | €140,239 | +€140,101 | +101,442% |
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 17 October 2026 via checked.be.