MORE 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.
MORE DESIGN
Largest movements
- Cash +€7,178
up €7,178 (+813%), from €883 to €8,061
mainly Other debts (+€11,382) and Trade debts (+€3,013)
- Receivables within one year +€4,163
up €4,163 (+94.7%), from €4,397 to €8,561
- Deferred charges and accrued income +€1,209
up €1,209 (+119%), from €1,018 to €2,227
- Tangible fixed assets -€226
down €226 (-8.5%), from €2,679 to €2,452
of which Other tangible fixed assets: -€1,196
- Other debts +€11,382
up €11,382 (+106%), from €10,707 to €22,089
- Trade debts +€3,013
up €3,013 (+961%), from €313 to €3,327
- Tax, wage and social debts -€2,133
down €2,133 (-56.4%), from €3,781 to €1,648
of which Remuneration and social security: -€2,800
- Gross operating margin +€11,113
up €11,113, from -€8,055 to €3,058
- Depreciation -€4,668
down €4,668 (-70.2%), from €6,652 to €1,985
- Taxes +€2,338
no longer reported in 2025 (was -€2,338)
- Write-downs -€485
no longer reported in 2025 (was €485)
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 | €9,042 | €21,366 | +€12,324 | +136% |
| Fixed assets | 21/28 | €2,744 | €2,517 | -€226 | -8.3% |
| Tangible fixed assets | 22/27 | €2,679 | €2,452 | -€226 | -8.5% |
| Furniture and vehicles | 24 | €1,338 | €2,308 | +€969 | +72.5% |
| Other tangible fixed assets | 26 | €1,340 | €145 | -€1,196 | -89.2% |
| Financial fixed assets | 28 | €65 | €65 | = | 0.0% |
| Current assets | 29/58 | €6,298 | €18,849 | +€12,551 | +199% |
| Amounts receivable within one year | 40/41 | €4,397 | €8,561 | +€4,163 | +94.7% |
| Trade receivables | 40 | €4,397 | €8,561 | +€4,163 | +94.7% |
| Cash at bank and in hand | 54/58 | €883 | €8,061 | +€7,178 | +813% |
| Deferred charges and accrued income | 490/1 | €1,018 | €2,227 | +€1,209 | +119% |
| Total equity and liabilities | 10/49 | €9,042 | €21,366 | +€12,324 | +136% |
| Equity | 10/15 | -€5,760 | -€5,697 | +€62 | +1.1% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €4,467 | €4,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €1,367 | €1,367 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,227 | -€41,165 | +€62 | +0.2% |
| Amounts payable | 17/49 | €14,801 | €27,063 | +€12,262 | +82.8% |
| Amounts payable within one year | 42/48 | €14,801 | €27,063 | +€12,262 | +82.8% |
| Trade debts | 44 | €313 | €3,327 | +€3,013 | +961% |
| Suppliers | 440/4 | €313 | €3,327 | +€3,013 | +961% |
| Taxes, remuneration and social security | 45 | €3,781 | €1,648 | -€2,133 | -56.4% |
| Taxes | 450/3 | €981 | €1,648 | +€667 | +68.0% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Other amounts payable | 47/48 | €10,707 | €22,089 | +€11,382 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,652 | €1,985 | -€4,668 | -70.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €485 | - | -€485 | |
| Other operating charges | 640/8 | €791 | €751 | -€40 | -5.0% |
| Gross operating margin | 9900 | -€8,055 | €3,058 | +€11,113 | |
| Operating profit (loss) | 9901 | -€15,983 | €322 | +€16,306 | |
| Financial income | 75/76B | €4 | €82 | +€78 | +2,232% |
| Recurring financial income | 75 | €4 | €82 | +€78 | +2,232% |
| Financial charges | 65/66B | €372 | €342 | -€31 | -8.2% |
| Recurring financial charges | 65 | €372 | €342 | -€31 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,352 | €62 | +€16,415 | |
| Income taxes | 67/77 | -€2,338 | - | +€2,338 | |
| Profit (loss) for the period | 9904 | -€14,014 | €62 | +€14,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,014 | €62 | +€14,076 |
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 14 October 2026 via checked.be.