Green 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.
Green Design
Largest movements
- Receivables within one year +€65,428
up €65,428 (+223%), from €29,383 to €94,810
of which Trade receivables: +€61,705
- Cash -€45,917
down €45,917 (-38.3%), from €119,898 to €73,980
mainly Receivables within one year (-€65,428) and Investment in fixed assets (net) (-€8,221)
- Tangible fixed assets -€15,108
down €15,108 (-19.5%), from €77,501 to €62,393
of which Furniture and vehicles: -€33,343
- Stocks and contracts +€3,721
up €3,721 (+11.8%), from €31,404 to €35,125
- Tax, wage and social debts +€10,289
up €10,289 (+36.0%), from €28,573 to €38,862
of which Taxes: +€12,127
- Reserves +€7,300
up €7,300 (+61.6%), from €11,860 to €19,160
- Trade debts -€6,590
down €6,590 (-11.2%), from €58,864 to €52,274
- Debts after one year -€4,227
down €4,227 (-3.7%), from €113,152 to €108,925
- Depreciation -€20,442
down €20,442 (-46.7%), from €43,771 to €23,329
- Gross operating margin +€9,588
up €9,588 (+6.0%), from €159,312 to €168,900
- Taxes +€5,591
up €5,591 (+90.3%), from €6,190 to €11,781
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,986 | €272,433 | +€8,447 | +3.2% |
| Fixed assets | 21/28 | €77,501 | €62,393 | -€15,108 | -19.5% |
| Tangible fixed assets | 22/27 | €77,501 | €62,393 | -€15,108 | -19.5% |
| Land and buildings | 22 | €697 | - | -€697 | |
| Plant, machinery and equipment | 23 | €8,284 | €7,087 | -€1,197 | -14.5% |
| Furniture and vehicles | 24 | €40,551 | €7,208 | -€33,343 | -82.2% |
| Leasing and similar rights | 25 | €27,180 | €47,948 | +€20,768 | +76.4% |
| Other tangible fixed assets | 26 | €789 | €150 | -€639 | -81.0% |
| Current assets | 29/58 | €186,485 | €210,041 | +€23,556 | +12.6% |
| Amounts receivable after more than one year | 29 | €1,941 | - | -€1,941 | |
| Other amounts receivable | 291 | €1,941 | - | -€1,941 | |
| Stocks and contracts in progress | 3 | €31,404 | €35,125 | +€3,721 | +11.8% |
| Stocks | 30/36 | €31,404 | €35,125 | +€3,721 | +11.8% |
| Amounts receivable within one year | 40/41 | €29,383 | €94,810 | +€65,428 | +223% |
| Trade receivables | 40 | €24,372 | €86,077 | +€61,705 | +253% |
| Other amounts receivable | 41 | €5,010 | €8,733 | +€3,723 | +74.3% |
| Cash at bank and in hand | 54/58 | €119,898 | €73,980 | -€45,917 | -38.3% |
| Deferred charges and accrued income | 490/1 | €3,859 | €6,124 | +€2,266 | +58.7% |
| Total equity and liabilities | 10/49 | €263,986 | €272,433 | +€8,447 | +3.2% |
| Equity | 10/15 | €29,245 | €36,583 | +€7,339 | +25.1% |
| Contributions | 10/11 | €7,063 | €7,063 | = | 0.0% |
| Reserves | 13 | €11,860 | €19,160 | +€7,300 | +61.6% |
| Distributable reserves | 133 | €11,860 | €19,160 | +€7,300 | +61.6% |
| Profit (loss) carried forward | 14 | €10,321 | €10,360 | +€39 | +0.4% |
| Amounts payable | 17/49 | €234,741 | €235,850 | +€1,109 | +0.5% |
| Amounts payable after more than one year | 17 | €113,152 | €108,925 | -€4,227 | -3.7% |
| Financial debts | 170/4 | €113,152 | €108,925 | -€4,227 | -3.7% |
| Amounts payable within one year | 42/48 | €120,717 | €124,331 | +€3,614 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €33,280 | €33,195 | -€84 | -0.3% |
| Trade debts | 44 | €58,864 | €52,274 | -€6,590 | -11.2% |
| Suppliers | 440/4 | €58,864 | €52,274 | -€6,590 | -11.2% |
| Taxes, remuneration and social security | 45 | €28,573 | €38,862 | +€10,289 | +36.0% |
| Taxes | 450/3 | €10,255 | €22,383 | +€12,127 | +118% |
| Remuneration and social security | 454/9 | €18,318 | €16,479 | -€1,838 | -10.0% |
| Accrued charges and deferred income | 492/3 | €873 | €2,594 | +€1,721 | +197% |
| Remuneration, social security and pensions | 62 | €73,352 | €73,905 | +€553 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,771 | €23,329 | -€20,442 | -46.7% |
| Other operating charges | 640/8 | €20,009 | €20,849 | +€839 | +4.2% |
| Non-recurring operating charges | 66A | - | €24,810 | +€24,810 | |
| Gross operating margin | 9900 | €159,312 | €168,900 | +€9,588 | +6.0% |
| Operating profit (loss) | 9901 | €22,179 | €26,007 | +€3,828 | +17.3% |
| Financial income | 75/76B | €140 | €862 | +€723 | +518% |
| Recurring financial income | 75 | €140 | €862 | +€723 | +518% |
| Financial charges | 65/66B | €7,316 | €7,750 | +€434 | +5.9% |
| Recurring financial charges | 65 | €7,316 | €7,750 | +€434 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €15,003 | €19,120 | +€4,116 | +27.4% |
| Income taxes | 67/77 | €6,190 | €11,781 | +€5,591 | +90.3% |
| Profit (loss) for the period | 9904 | €8,813 | €7,339 | -€1,474 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,813 | €7,339 | -€1,474 | -16.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.