IF 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.
IF DESIGN
Largest movements
- Cash +€9,221
up €9,221 (+131%), from €7,053 to €16,275
mainly Net result for the year (+€21,305) and Tax, wage and social debts (+€5,805)
- Tangible fixed assets -€1,330
down €1,330 (-4.5%), from €29,883 to €28,553
of which Other tangible fixed assets: -€1,065
- Receivables within one year +€643
up €643 (+3,326%), from €19 to €662
of which Trade receivables: +€635
- Profit (loss) carried forward +€21,305
up €21,305, from -€15,500 to €5,805
- Other debts -€8,712
down €8,712 (-43.2%), from €20,157 to €11,444
- Current portion of long-term debt -€8,588
down €8,588 (-83.2%), from €10,327 to €1,739
- Tax, wage and social debts +€5,805
up €5,805 (+4,655%), from €125 to €5,930
- Debts after one year -€1,739
no longer reported in 2025 (was €1,739)
- Gross operating margin +€28,384
up €28,384, from -€2,436 to €25,949
- Financial charges +€904
up €904 (+151%), from €599 to €1,503
- Depreciation +€740
up €740 (+40.4%), from €1,829 to €2,568
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 | €37,308 | €45,610 | +€8,302 | +22.3% |
| Fixed assets | 21/28 | €29,883 | €28,553 | -€1,330 | -4.5% |
| Tangible fixed assets | 22/27 | €29,883 | €28,553 | -€1,330 | -4.5% |
| Furniture and vehicles | 24 | €521 | €255 | -€266 | -51.0% |
| Other tangible fixed assets | 26 | €29,362 | €28,297 | -€1,065 | -3.6% |
| Current assets | 29/58 | €7,425 | €17,058 | +€9,632 | +130% |
| Amounts receivable within one year | 40/41 | €19 | €662 | +€643 | +3,326% |
| Trade receivables | 40 | - | €635 | +€635 | |
| Other amounts receivable | 41 | €19 | €27 | +€8 | +39.8% |
| Cash at bank and in hand | 54/58 | €7,053 | €16,275 | +€9,221 | +131% |
| Deferred charges and accrued income | 490/1 | €353 | €121 | -€232 | -65.8% |
| Total equity and liabilities | 10/49 | €37,308 | €45,610 | +€8,302 | +22.3% |
| Equity | 10/15 | €4,960 | €26,265 | +€21,305 | +430% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,500 | €5,805 | +€21,305 | |
| Amounts payable | 17/49 | €32,348 | €19,345 | -€13,003 | -40.2% |
| Amounts payable after more than one year | 17 | €1,739 | - | -€1,739 | |
| Financial debts | 170/4 | €1,739 | - | -€1,739 | |
| Amounts payable within one year | 42/48 | €30,609 | €19,318 | -€11,291 | -36.9% |
| Current portion of amounts payable after more than one year | 42 | €10,327 | €1,739 | -€8,588 | -83.2% |
| Trade debts | 44 | - | €205 | +€205 | |
| Suppliers | 440/4 | - | €205 | +€205 | |
| Taxes, remuneration and social security | 45 | €125 | €5,930 | +€5,805 | +4,655% |
| Taxes | 450/3 | €125 | €5,930 | +€5,805 | +4,655% |
| Other amounts payable | 47/48 | €20,157 | €11,444 | -€8,712 | -43.2% |
| Accrued charges and deferred income | 492/3 | - | €27 | +€27 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,829 | €2,568 | +€740 | +40.4% |
| Other operating charges | 640/8 | €687 | €600 | -€87 | -12.7% |
| Gross operating margin | 9900 | -€2,436 | €25,949 | +€28,384 | |
| Operating profit (loss) | 9901 | -€4,952 | €22,781 | +€27,732 | |
| Financial income | 75/76B | €73 | €27 | -€47 | -63.7% |
| Recurring financial income | 75 | €73 | €27 | -€47 | -63.7% |
| Financial charges | 65/66B | €599 | €1,503 | +€904 | +151% |
| Recurring financial charges | 65 | €599 | €1,503 | +€904 | +151% |
| Profit (loss) for the period before taxes | 9903 | -€5,477 | €21,305 | +€26,782 | |
| Profit (loss) for the period | 9904 | -€5,477 | €21,305 | +€26,782 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,477 | €21,305 | +€26,782 |
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 16 October 2026 via checked.be.