L&D 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.
L&D DESIGN
Largest movements
- Cash +€56,269
up €56,269 (+191.4%), from €29,397 to €85,666
mainly Net result for the year (+€31,569) and Receivables within one year (+€22,824)
- Receivables within one year -€22,824
down €22,824 (-75.3%), from €30,321 to €7,497
of which Other amounts receivable: -€17,500
- Deferred charges and accrued income +€1,693
new in 2025: €1,693
- Reserves +€31,569
new in 2025: €31,569
- Tax, wage and social debts +€6,273
up €6,273 (+231.2%), from €2,713 to €8,986
- Other debts -€1,900
down €1,900 (-6.9%), from €27,461 to €25,562
- Trade debts -€1,280
down €1,280 (-42.4%), from €3,022 to €1,742
- Gross operating margin +€20,878
up €20,878 (+71.8%), from €29,071 to €49,949
- Taxes +€14,108
up €14,108 (+1235.8%), from €1,142 to €15,250
- Financial charges +€1,511
up €1,511 (+393.8%), from €384 to €1,894
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 | €61,816 | €96,479 | +€34,663 | +56.1% |
| Fixed assets | 21/28 | €2,098 | €1,623 | -€475 | -22.6% |
| Tangible fixed assets | 22/27 | €2,098 | €1,623 | -€475 | -22.6% |
| Plant, machinery and equipment | 23 | €2,098 | €1,623 | -€475 | -22.6% |
| Current assets | 29/58 | €59,718 | €94,856 | +€35,138 | +58.8% |
| Amounts receivable within one year | 40/41 | €30,321 | €7,497 | -€22,824 | -75.3% |
| Trade receivables | 40 | €12,463 | €7,139 | -€5,324 | -42.7% |
| Other amounts receivable | 41 | €17,858 | €358 | -€17,500 | -98.0% |
| Cash at bank and in hand | 54/58 | €29,397 | €85,666 | +€56,269 | +191.4% |
| Deferred charges and accrued income | 490/1 | - | €1,693 | +€1,693 | |
| Total equity and liabilities | 10/49 | €61,816 | €96,479 | +€34,663 | +56.1% |
| Equity | 10/15 | €28,620 | €60,189 | +€31,569 | +110.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €31,569 | +€31,569 | |
| Distributable reserves | 133 | - | €31,569 | +€31,569 | |
| Profit (loss) carried forward | 14 | €8,620 | €8,620 | = | 0.0% |
| Amounts payable | 17/49 | €33,196 | €36,290 | +€3,093 | +9.3% |
| Amounts payable within one year | 42/48 | €33,196 | €36,290 | +€3,093 | +9.3% |
| Trade debts | 44 | €3,022 | €1,742 | -€1,280 | -42.4% |
| Suppliers | 440/4 | €3,022 | €1,742 | -€1,280 | -42.4% |
| Taxes, remuneration and social security | 45 | €2,713 | €8,986 | +€6,273 | +231.2% |
| Taxes | 450/3 | €2,713 | €8,986 | +€6,273 | +231.2% |
| Other amounts payable | 47/48 | €27,461 | €25,562 | -€1,900 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €475 | +€197 | +71.1% |
| Other operating charges | 640/8 | €655 | €761 | +€105 | +16.1% |
| Gross operating margin | 9900 | €29,071 | €49,949 | +€20,878 | +71.8% |
| Operating profit (loss) | 9901 | €28,138 | €48,713 | +€20,575 | +73.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | +50.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +50.0% |
| Financial charges | 65/66B | €384 | €1,894 | +€1,511 | +393.8% |
| Recurring financial charges | 65 | €384 | €1,894 | +€1,511 | +393.8% |
| Profit (loss) for the period before taxes | 9903 | €27,755 | €46,819 | +€19,064 | +68.7% |
| Income taxes | 67/77 | €1,142 | €15,250 | +€14,108 | +1235.8% |
| Profit (loss) for the period | 9904 | €26,613 | €31,569 | +€4,956 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,613 | €31,569 | +€4,956 | +18.6% |
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 11 October 2026 via checked.be.