QUIET DESIGN: what changed
Two fiscal 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.
QUIET DESIGN
Largest movements
- Receivables within one year -€62,796
down €62,796 (-75.0%), from €83,713 to €20,917
of which Other amounts receivable: -€33,333
- Cash -€18,214
down €18,214 (-20.2%), from €89,968 to €71,754
mainly Contributions, distributions and other (-€107,522) and Tax, wage and social debts (-€13,489)
- Profit (loss) carried forward -€60,000
down €60,000 (-86.4%), from €69,418 to €9,418
- Tax, wage and social debts -€13,489
down €13,489 (-100.0%), from €13,489 to €0
- Reserves -€5,333
down €5,333 (-1.6%), from €339,899 to €334,566
of which Distributable reserves: -€5,333
- Gross operating margin -€62,956
down €62,956 (-50.7%), from €124,146 to €61,190
- Taxes -€11,983
down €11,983 (-35.8%), from €33,489 to €21,506
- Depreciation -€6,096
down €6,096 (-82.8%), from €7,364 to €1,268
- Financial income +€4,935
up €4,935 (+2728.3%), from €181 to €5,116
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 | €453,760 | €375,064 | -€78,697 | -17.3% |
| Fixed assets | 21/28 | €1,268 | €0 | -€1,268 | -100.0% |
| Tangible fixed assets | 22/27 | €1,268 | €0 | -€1,268 | -100.0% |
| Furniture and vehicles | 24 | €1,268 | €0 | -€1,268 | -100.0% |
| Current assets | 29/58 | €452,493 | €375,064 | -€77,429 | -17.1% |
| Amounts receivable within one year | 40/41 | €83,713 | €20,917 | -€62,796 | -75.0% |
| Trade receivables | 40 | €50,099 | €20,636 | -€29,463 | -58.8% |
| Other amounts receivable | 41 | €33,614 | €280 | -€33,333 | -99.2% |
| Current investments | 50/53 | €278,812 | €282,393 | +€3,581 | +1.3% |
| Cash at bank and in hand | 54/58 | €89,968 | €71,754 | -€18,214 | -20.2% |
| Total equity and liabilities | 10/49 | €453,760 | €375,064 | -€78,697 | -17.3% |
| Equity | 10/15 | €439,317 | €373,984 | -€65,333 | -14.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €339,899 | €334,566 | -€5,333 | -1.6% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €336,899 | €331,566 | -€5,333 | -1.6% |
| Profit (loss) carried forward | 14 | €69,418 | €9,418 | -€60,000 | -86.4% |
| Amounts payable | 17/49 | €14,444 | €1,080 | -€13,364 | -92.5% |
| Amounts payable within one year | 42/48 | €14,444 | €1,080 | -€13,364 | -92.5% |
| Trade debts | 44 | €955 | €694 | -€261 | -27.4% |
| Suppliers | 440/4 | €955 | €694 | -€261 | -27.4% |
| Taxes, remuneration and social security | 45 | €13,489 | €0 | -€13,489 | -100.0% |
| Taxes | 450/3 | €13,489 | €0 | -€13,489 | -100.0% |
| Other amounts payable | 47/48 | €0 | €386 | +€386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,364 | €1,268 | -€6,096 | -82.8% |
| Other operating charges | 640/8 | €1,284 | €1,255 | -€28 | -2.2% |
| Gross operating margin | 9900 | €124,146 | €61,190 | -€62,956 | -50.7% |
| Operating profit (loss) | 9901 | €115,498 | €58,667 | -€56,831 | -49.2% |
| Financial income | 75/76B | €181 | €5,116 | +€4,935 | +2728.3% |
| Recurring financial income | 75 | €181 | €5,116 | +€4,935 | +2728.3% |
| Financial charges | 65/66B | €80 | €89 | +€9 | +10.8% |
| Recurring financial charges | 65 | €80 | €89 | +€9 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €115,599 | €63,695 | -€51,904 | -44.9% |
| Income taxes | 67/77 | €33,489 | €21,506 | -€11,983 | -35.8% |
| Profit (loss) for the period | 9904 | €82,110 | €42,189 | -€39,921 | -48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €82,110 | €42,189 | -€39,921 | -48.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.