Quality 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.
What changed
Quality Design
NACE 71.112, Activities of interior architects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€16,673
2024 · €16,257+€416
Equity
€79,025
2024 · €62,352+€16,673
Cash
€20,370
2024 · €15,535+€4,834
Balance sheet total
€477,852
2024 · €503,555-€25,703
Largest movements
Assets
- Tangible fixed assets -€26,335
down €26,335 (-5.8%), from €452,861 to €426,525
of which Furniture and vehicles: -€19,045
Equity and liabilities
- Debts after one year -€38,841
down €38,841 (-10.9%), from €356,586 to €317,745
of which Financial debts: -€38,841
- Profit (loss) carried forward +€17,760
up €17,760 (+48.7%), from -€36,469 to -€18,709
Income statement
- Gross operating margin +€16,625
up €16,625 (+41.5%), from €40,040 to €56,666
- Depreciation +€11,714
up €11,714 (+70.7%), from €16,570 to €28,284
- Taxes +€2,967
up €2,967 (+2,219%), from €134 to €3,101
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.
Result 2024
€16,257
Gross operating margin
+€16,625
Depreciation
-€11,714
Other operating charges
-€491
Other operating items
-€593
Financial income
+€36
Financial charges
-€480
Taxes
-€2,967
Result 2025
€16,673
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€49,057
Investment
-€1,948
Financing
-€42,275
Cash 2024
€15,535
From operations (derived)
+€49,057
Net result for the year
+€16,673
Depreciation
+€28,284
Receivables within one year
+€3,881
Deferred charges and accrued income
+€321
Provisions
-€362
Trade debts
-€764
Tax, wage and social debts
+€4,849
Advances received
-€2,450
Other debts
-€2,190
Accrued charges and deferred income
+€815
Investment (derived)
-€1,948
Investment in fixed assets (net)
-€1,948
Financing
-€42,275
Debts after one year
-€38,841
Current portion of long-term debt
-€3,434
Cash 2025
€20,370
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €503,555 | €477,852 | -€25,703 | -5.1% |
| Fixed assets | 21/28 | €452,861 | €426,525 | -€26,335 | -5.8% |
| Tangible fixed assets | 22/27 | €452,861 | €426,525 | -€26,335 | -5.8% |
| Land and buildings | 22 | €360,952 | €353,328 | -€7,624 | -2.1% |
| Plant, machinery and equipment | 23 | €5,031 | €5,365 | +€334 | +6.6% |
| Furniture and vehicles | 24 | €86,878 | €67,832 | -€19,045 | -21.9% |
| Current assets | 29/58 | €50,694 | €51,327 | +€632 | +1.2% |
| Amounts receivable within one year | 40/41 | €8,247 | €4,365 | -€3,881 | -47.1% |
| Trade receivables | 40 | €4,831 | €477 | -€4,354 | -90.1% |
| Other amounts receivable | 41 | €3,415 | €3,888 | +€473 | +13.8% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,535 | €20,370 | +€4,834 | +31.1% |
| Deferred charges and accrued income | 490/1 | €1,913 | €1,592 | -€321 | -16.8% |
| Total equity and liabilities | 10/49 | €503,555 | €477,852 | -€25,703 | -5.1% |
| Equity | 10/15 | €62,352 | €79,025 | +€16,673 | +26.7% |
| Contributions | 10/11 | €50,100 | €50,100 | = | 0.0% |
| Reserves | 13 | €48,721 | €47,634 | -€1,087 | -2.2% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,711 | €47,624 | -€1,087 | -2.2% |
| Profit (loss) carried forward | 14 | -€36,469 | -€18,709 | +€17,760 | +48.7% |
| Provisions and deferred taxes | 16 | €9,335 | €8,973 | -€362 | -3.9% |
| Deferred taxes | 168 | €9,335 | €8,973 | -€362 | -3.9% |
| Amounts payable | 17/49 | €431,868 | €389,854 | -€42,014 | -9.7% |
| Amounts payable after more than one year | 17 | €356,586 | €317,745 | -€38,841 | -10.9% |
| Financial debts | 170/4 | €206,586 | €167,745 | -€38,841 | -18.8% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €75,212 | €71,223 | -€3,989 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €42,275 | €38,841 | -€3,434 | -8.1% |
| Trade debts | 44 | €5,354 | €4,590 | -€764 | -14.3% |
| Suppliers | 440/4 | €5,354 | €4,590 | -€764 | -14.3% |
| Advances received on contracts in progress | 46 | €2,450 | - | -€2,450 | |
| Taxes, remuneration and social security | 45 | - | €4,849 | +€4,849 | |
| Taxes | 450/3 | - | €4,849 | +€4,849 | |
| Other amounts payable | 47/48 | €25,134 | €22,943 | -€2,190 | -8.7% |
| Accrued charges and deferred income | 492/3 | €70 | €885 | +€815 | +1,173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,570 | €28,284 | +€11,714 | +70.7% |
| Other operating charges | 640/8 | €2,644 | €3,135 | +€491 | +18.6% |
| Non-recurring operating charges | 66A | - | €593 | +€593 | |
| Gross operating margin | 9900 | €40,040 | €56,666 | +€16,625 | +41.5% |
| Operating profit (loss) | 9901 | €20,827 | €24,654 | +€3,827 | +18.4% |
| Financial income | 75/76B | €957 | €993 | +€36 | +3.7% |
| Recurring financial income | 75 | €957 | €993 | +€36 | +3.7% |
| Financial charges | 65/66B | €5,755 | €6,235 | +€480 | +8.3% |
| Recurring financial charges | 65 | €5,755 | €6,235 | +€480 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €16,029 | €19,412 | +€3,383 | +21.1% |
| Transfer from deferred taxes | 780 | €362 | €362 | +€0 | 0.0% |
| Income taxes | 67/77 | €134 | €3,101 | +€2,967 | +2,219% |
| Profit (loss) for the period | 9904 | €16,257 | €16,673 | +€416 | +2.6% |
| Transfer from tax-exempt reserves | 789 | €1,087 | €1,087 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,344 | €17,760 | +€416 | +2.4% |
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 13 October 2026 via checked.be.