GREEN DESIGN DB: 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 DB
Largest movements
- Stocks and contracts -€23,995
down €23,995 (-20.9%), from €114,883 to €90,888
of which Contracts in progress: -€21,684
- Cash -€22,067
down €22,067 (-44.7%), from €49,407 to €27,341
mainly Contributions, distributions and other (-€67,341) and Receivables within one year (-€17,120)
- Receivables within one year +€17,120
up €17,120 (+8.9%), from €193,402 to €210,522
of which Other amounts receivable: +€32,996
- Receivables after one year +€5,188
up €5,188 (+8.7%), from €59,792 to €64,980
- Tangible fixed assets +€5,139
up €5,139 (+22.4%), from €22,906 to €28,045
of which Plant, machinery and equipment: +€10,623
- Reserves -€34,282
down €34,282 (-29.0%), from €118,159 to €83,877
- Short-term financial debts +€18,523
up €18,523 (+18.3%), from €101,000 to €119,523
- Staff costs -€19,610
down €19,610 (-6.7%), from €293,325 to €273,715
- Financial income +€7,052
up €7,052 (+152%), from €4,625 to €11,677
- Gross operating margin -€6,783
down €6,783 (-2.0%), from €335,874 to €329,091
- Taxes +€5,264
up €5,264 (+70.6%), from €7,455 to €12,719
- Write-downs +€3,566
no longer reported in 2025 (was -€3,566)
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 | €440,615 | €421,775 | -€18,840 | -4.3% |
| Fixed assets | 21/28 | €22,906 | €28,045 | +€5,139 | +22.4% |
| Tangible fixed assets | 22/27 | €22,906 | €28,045 | +€5,139 | +22.4% |
| Plant, machinery and equipment | 23 | €5,338 | €15,961 | +€10,623 | +199% |
| Furniture and vehicles | 24 | €16,423 | €11,135 | -€5,288 | -32.2% |
| Other tangible fixed assets | 26 | €1,145 | €949 | -€196 | -17.1% |
| Current assets | 29/58 | €417,709 | €393,730 | -€23,979 | -5.7% |
| Amounts receivable after more than one year | 29 | €59,792 | €64,980 | +€5,188 | +8.7% |
| Other amounts receivable | 291 | €59,792 | €64,980 | +€5,188 | +8.7% |
| Stocks and contracts in progress | 3 | €114,883 | €90,888 | -€23,995 | -20.9% |
| Stocks | 30/36 | €54,645 | €52,334 | -€2,311 | -4.2% |
| Contracts in progress | 37 | €60,237 | €38,554 | -€21,684 | -36.0% |
| Amounts receivable within one year | 40/41 | €193,402 | €210,522 | +€17,120 | +8.9% |
| Trade receivables | 40 | €54,502 | €38,627 | -€15,876 | -29.1% |
| Other amounts receivable | 41 | €138,899 | €171,895 | +€32,996 | +23.8% |
| Cash at bank and in hand | 54/58 | €49,407 | €27,341 | -€22,067 | -44.7% |
| Deferred charges and accrued income | 490/1 | €225 | - | -€225 | |
| Total equity and liabilities | 10/49 | €440,615 | €421,775 | -€18,840 | -4.3% |
| Equity | 10/15 | €124,559 | €90,277 | -€34,282 | -27.5% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €118,159 | €83,877 | -€34,282 | -29.0% |
| Distributable reserves | 133 | €118,159 | €83,877 | -€34,282 | -29.0% |
| Amounts payable | 17/49 | €316,056 | €331,498 | +€15,442 | +4.9% |
| Amounts payable after more than one year | 17 | €18,103 | €20,309 | +€2,206 | +12.2% |
| Financial debts | 170/4 | €18,103 | €20,309 | +€2,206 | +12.2% |
| Amounts payable within one year | 42/48 | €297,483 | €310,679 | +€13,196 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €16,525 | €18,238 | +€1,713 | +10.4% |
| Financial debts | 43 | €101,000 | €119,523 | +€18,523 | +18.3% |
| Credit institutions | 430/8 | €101,000 | €119,523 | +€18,523 | +18.3% |
| Trade debts | 44 | €121,061 | €117,975 | -€3,086 | -2.5% |
| Suppliers | 440/4 | €121,061 | €117,975 | -€3,086 | -2.5% |
| Taxes, remuneration and social security | 45 | €47,179 | €43,276 | -€3,902 | -8.3% |
| Taxes | 450/3 | €17,340 | €18,410 | +€1,070 | +6.2% |
| Remuneration and social security | 454/9 | €29,839 | €24,867 | -€4,973 | -16.7% |
| Other amounts payable | 47/48 | €11,718 | €11,666 | -€52 | -0.4% |
| Accrued charges and deferred income | 492/3 | €470 | €510 | +€40 | +8.6% |
| Remuneration, social security and pensions | 62 | €293,325 | €273,715 | -€19,610 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,790 | €9,983 | -€807 | -7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,566 | - | +€3,566 | |
| Other operating charges | 640/8 | €2,064 | €1,607 | -€458 | -22.2% |
| Gross operating margin | 9900 | €335,874 | €329,091 | -€6,783 | -2.0% |
| Operating profit (loss) | 9901 | €33,259 | €43,787 | +€10,527 | +31.7% |
| Financial income | 75/76B | €4,625 | €11,677 | +€7,052 | +152% |
| Recurring financial income | 75 | €4,625 | €11,677 | +€7,052 | +152% |
| Financial charges | 65/66B | €9,121 | €9,686 | +€565 | +6.2% |
| Recurring financial charges | 65 | €9,121 | €7,925 | -€1,196 | -13.1% |
| Non-recurring financial charges | 66B | - | €1,761 | +€1,761 | |
| Profit (loss) for the period before taxes | 9903 | €28,764 | €45,778 | +€17,014 | +59.2% |
| Income taxes | 67/77 | €7,455 | €12,719 | +€5,264 | +70.6% |
| Profit (loss) for the period | 9904 | €21,309 | €33,059 | +€11,751 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,309 | €33,059 | +€11,751 | +55.1% |
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.