OBJECT DESIGN & CONSULT: what changed
What changed
OBJECT DESIGN & CONSULT
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€142,521
2024 · -€13,267+€155,788
Equity
€4.8m
2024 · €4.7m+€138,235
Cash
€7.2m
2024 · €1.1m+€6.1m
Balance sheet total
€24.2m
2024 · €18.2m+€6.0m
Largest movements
Assets
- Cash +€6.1m
up €6.1m (+539%), from €1.1m to €7.2m
mainly Debts after one year (+€16.7m) and Depreciation (+€1.3m)
- Tangible fixed assets -€1.1m
down €1.1m (-14.1%), from €8.0m to €6.9m
of which Land and buildings: -€992,250
- Receivables within one year +€683,527
up €683,527 (+49.0%), from €1.4m to €2.1m
of which Trade receivables: +€719,147
Equity and liabilities
- Debts after one year +€16.7m
up €16.7m (+7,350%), from €227,728 to €17.0m
- Current portion of long-term debt -€11.2m
down €11.2m (-89.9%), from €12.5m to €1.3m
Income statement
- Gross operating margin +€946,204
up €946,204 (+47.5%), from €2.0m to €2.9m
- Write-downs +€621,676
new in 2025: €621,676
- Financial charges -€201,750
down €201,750 (-29.6%), from €682,650 to €480,900
- Other operating charges +€166,762
up €166,762 (+53.3%), from €312,625 to €479,387
- Taxes +€140,220
up €140,220 (+1,904%), from €7,363 to €147,583
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€13,267
Gross operating margin
+€946,204
Depreciation
-€66,297
Write-downs
-€621,676
Other operating charges
-€166,762
Financial income
+€2,789
Financial charges
+€201,750
Taxes
-€140,220
Result 2025
€142,521
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€870,850
Investment
-€316,568
Financing
+€5.5m
Cash 2024
€1.1m
From operations (derived)
+€870,850
Net result for the year
+€142,521
Depreciation
+€1.3m
Receivables within one year
-€683,527
Deferred charges and accrued income
-€226,198
Smaller working-capital items
+€20,373
Trade debts
+€137,860
Accrued charges and deferred income
+€179,017
Investment (derived)
-€316,568
Investment in fixed assets (net)
-€316,568
Financing
+€5.5m
Debts after one year
+€16.7m
Current portion of long-term debt
-€11.2m
Contributions, distributions and other
-€4,286
Cash 2025
€7.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,194,499 | €24,209,307 | +€6.0m | +33.1% |
| Fixed assets | 21/28 | €14,919,203 | €13,934,967 | -€984,236 | -6.6% |
| Tangible fixed assets | 22/27 | €7,983,779 | €6,860,834 | -€1.1m | -14.1% |
| Land and buildings | 22 | €7,262,721 | €6,270,471 | -€992,250 | -13.7% |
| Plant, machinery and equipment | 23 | €229,151 | €215,081 | -€14,070 | -6.1% |
| Furniture and vehicles | 24 | €166,075 | €69,904 | -€96,171 | -57.9% |
| Other tangible fixed assets | 26 | €325,831 | €305,378 | -€20,453 | -6.3% |
| Financial fixed assets | 28 | €6,935,424 | €7,074,133 | +€138,708 | +2.0% |
| Current assets | 29/58 | €3,275,296 | €10,274,340 | +€7.0m | +214% |
| Amounts receivable within one year | 40/41 | €1,395,512 | €2,079,039 | +€683,527 | +49.0% |
| Trade receivables | 40 | €1,325,482 | €2,044,629 | +€719,147 | +54.3% |
| Other amounts receivable | 41 | €70,030 | €34,410 | -€35,620 | -50.9% |
| Current investments | 50/53 | €750,000 | €750,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,129,784 | €7,219,104 | +€6.1m | +539% |
| Deferred charges and accrued income | 490/1 | - | €226,198 | +€226,198 | |
| Total equity and liabilities | 10/49 | €18,194,499 | €24,209,307 | +€6.0m | +33.1% |
| Equity | 10/15 | €4,710,358 | €4,848,593 | +€138,235 | +2.9% |
| Contributions | 10/11 | €1,417,000 | €1,417,000 | = | 0.0% |
| Revaluation surpluses | 12 | €2,171,481 | €2,171,481 | = | 0.0% |
| Reserves | 13 | €82,866 | €82,866 | = | 0.0% |
| Non-distributable reserves | 130/1 | €82,866 | €82,866 | = | 0.0% |
| Reserves not available under the articles | 1311 | €82,866 | €82,866 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,019,532 | €1,162,052 | +€142,521 | +14.0% |
| Investment grants | 15 | €19,479 | €15,194 | -€4,286 | -22.0% |
| Provisions and deferred taxes | 16 | €6,493 | €5,065 | -€1,429 | -22.0% |
| Deferred taxes | 168 | €6,493 | €5,065 | -€1,429 | -22.0% |
| Amounts payable | 17/49 | €13,477,648 | €19,355,649 | +€5.9m | +43.6% |
| Amounts payable after more than one year | 17 | €227,728 | €16,966,300 | +€16.7m | +7,350% |
| Financial debts | 170/4 | €227,728 | €16,966,300 | +€16.7m | +7,350% |
| Amounts payable within one year | 42/48 | €12,870,875 | €1,831,288 | -€11.0m | -85.8% |
| Current portion of amounts payable after more than one year | 42 | €12,461,429 | €1,262,181 | -€11.2m | -89.9% |
| Trade debts | 44 | €346,399 | €484,259 | +€137,860 | +39.8% |
| Suppliers | 440/4 | €346,399 | €484,259 | +€137,860 | +39.8% |
| Taxes, remuneration and social security | 45 | €50,160 | €71,961 | +€21,801 | +43.5% |
| Taxes | 450/3 | €50,160 | €71,961 | +€21,801 | +43.5% |
| Other amounts payable | 47/48 | €12,887 | €12,887 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €379,045 | €558,062 | +€179,017 | +47.2% |
| Non-recurring operating income | 76A | €87,653 | - | -€87,653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,234,507 | €1,300,804 | +€66,297 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €621,676 | +€621,676 | |
| Other operating charges | 640/8 | €312,625 | €479,387 | +€166,762 | +53.3% |
| Gross operating margin | 9900 | €1,993,549 | €2,939,753 | +€946,204 | +47.5% |
| Operating profit (loss) | 9901 | €446,416 | €537,886 | +€91,469 | +20.5% |
| Financial income | 75/76B | €228,900 | €231,689 | +€2,789 | +1.2% |
| Recurring financial income | 75 | €228,900 | €231,689 | +€2,789 | +1.2% |
| Financial charges | 65/66B | €682,650 | €480,900 | -€201,750 | -29.6% |
| Recurring financial charges | 65 | €682,650 | €480,900 | -€201,750 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,333 | €288,675 | +€296,008 | |
| Transfer from deferred taxes | 780 | €1,429 | €1,429 | = | 0.0% |
| Income taxes | 67/77 | €7,363 | €147,583 | +€140,220 | +1,904% |
| Profit (loss) for the period | 9904 | -€13,267 | €142,521 | +€155,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,267 | €142,521 | +€155,788 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.