M-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.
M-DESIGN
Largest movements
- Cash -€38
down €38 (-1.3%), from €2,798 to €2,760
mainly Net result for the year (-€38)
- Equity -€38
down €38 (-1.3%), from €2,842 to €2,804
of which Profit (loss) carried forward: -€38
- Other operating charges -€64
no longer reported in 2025 (was €64)
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 | €2,842 | €2,804 | -€38 | -1.3% |
| Current assets | 29/58 | €2,842 | €2,804 | -€38 | -1.3% |
| Amounts receivable within one year | 40/41 | €44 | €44 | = | 0.0% |
| Other amounts receivable | 41 | €44 | €44 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,798 | €2,760 | -€38 | -1.3% |
| Total equity and liabilities | 10/49 | €2,842 | €2,804 | -€38 | -1.3% |
| Equity | 10/15 | €2,842 | €2,804 | -€38 | -1.3% |
| Contributions | 10/11 | €61,600 | €61,600 | = | 0.0% |
| Capital | 10 | €61,600 | €61,600 | = | 0.0% |
| Issued capital | 100 | €74,000 | €74,000 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €7,400 | €7,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,400 | €7,400 | = | 0.0% |
| Legal reserve | 130 | €7,400 | €7,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,047 | €68,009 | -€38 | -0.1% |
| Advance to shareholders on the distribution of net assets | 19 | €134,205 | €134,205 | = | 0.0% |
| Other operating charges | 640/8 | €64 | - | -€64 | |
| Operating profit (loss) | 9901 | -€64 | - | +€64 | |
| Financial charges | 65/66B | €33 | €38 | +€5 | +13.6% |
| Recurring financial charges | 65 | €33 | €38 | +€5 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€97 | -€38 | +€59 | +61.2% |
| Profit (loss) for the period | 9904 | -€97 | -€38 | +€59 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€97 | -€38 | +€59 | +61.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.