R.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.
R.M. - DESIGN
Largest movements
- Receivables within one year +€18,244
up €18,244 (+11.9%), from €153,177 to €171,421
of which Other amounts receivable: +€17,878
- Current investments -€9,001
down €9,001 (-45.0%), from €20,001 to €11,000
- Tangible fixed assets -€7,543
down €7,543 (-3.7%), from €201,313 to €193,771
of which Land and buildings: -€7,590
- Advances received +€14,602
new in 2025: €14,602
- Debts after one year -€14,017
down €14,017 (-92.1%), from €15,214 to €1,197
- Reserves -€3,839
down €3,839 (-1.2%), from €330,299 to €326,461
- Gross operating margin -€23,870
down €23,870 (-56.7%), from €42,123 to €18,253
- Taxes -€5,901
down €5,901 (-72.6%), from €8,133 to €2,232
- Depreciation +€792
up €792 (+5.9%), from €13,430 to €14,222
- Other operating charges +€423
up €423 (+22.8%), from €1,854 to €2,277
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 | €379,651 | €378,480 | -€1,171 | -0.3% |
| Fixed assets | 21/28 | €201,313 | €193,771 | -€7,543 | -3.7% |
| Tangible fixed assets | 22/27 | €201,313 | €193,771 | -€7,543 | -3.7% |
| Land and buildings | 22 | €180,832 | €173,242 | -€7,590 | -4.2% |
| Plant, machinery and equipment | 23 | €7,337 | €5,494 | -€1,843 | -25.1% |
| Furniture and vehicles | 24 | €13,144 | €15,035 | +€1,890 | +14.4% |
| Current assets | 29/58 | €178,338 | €184,709 | +€6,372 | +3.6% |
| Amounts receivable within one year | 40/41 | €153,177 | €171,421 | +€18,244 | +11.9% |
| Trade receivables | 40 | €21,036 | €21,403 | +€367 | +1.7% |
| Other amounts receivable | 41 | €132,140 | €150,018 | +€17,878 | +13.5% |
| Current investments | 50/53 | €20,001 | €11,000 | -€9,001 | -45.0% |
| Cash at bank and in hand | 54/58 | €4,308 | €868 | -€3,440 | -79.9% |
| Deferred charges and accrued income | 490/1 | €853 | €1,420 | +€568 | +66.6% |
| Total equity and liabilities | 10/49 | €379,651 | €378,480 | -€1,171 | -0.3% |
| Equity | 10/15 | €336,499 | €332,661 | -€3,839 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €330,299 | €326,461 | -€3,839 | -1.2% |
| Distributable reserves | 133 | €330,299 | €326,461 | -€3,839 | -1.2% |
| Amounts payable | 17/49 | €43,152 | €45,819 | +€2,668 | +6.2% |
| Amounts payable after more than one year | 17 | €15,214 | €1,197 | -€14,017 | -92.1% |
| Financial debts | 170/4 | €15,214 | €1,197 | -€14,017 | -92.1% |
| Amounts payable within one year | 42/48 | €27,938 | €44,623 | +€16,685 | +59.7% |
| Financial debts | 43 | €19,402 | €20,332 | +€930 | +4.8% |
| Credit institutions | 430/8 | €19,402 | €20,332 | +€930 | +4.8% |
| Trade debts | 44 | €3,750 | €7,388 | +€3,638 | +97.0% |
| Suppliers | 440/4 | €3,750 | €7,388 | +€3,638 | +97.0% |
| Advances received on contracts in progress | 46 | - | €14,602 | +€14,602 | |
| Taxes, remuneration and social security | 45 | €4,785 | €2,300 | -€2,485 | -51.9% |
| Taxes | 450/3 | €4,785 | €2,300 | -€2,485 | -51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,430 | €14,222 | +€792 | +5.9% |
| Other operating charges | 640/8 | €1,854 | €2,277 | +€423 | +22.8% |
| Non-recurring operating charges | 66A | €2,665 | - | -€2,665 | |
| Gross operating margin | 9900 | €42,123 | €18,253 | -€23,870 | -56.7% |
| Operating profit (loss) | 9901 | €24,174 | €1,754 | -€22,420 | -92.7% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €3,062 | €3,361 | +€299 | +9.8% |
| Recurring financial charges | 65 | €3,062 | €3,361 | +€299 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €21,122 | -€1,606 | -€22,729 | |
| Income taxes | 67/77 | €8,133 | €2,232 | -€5,901 | -72.6% |
| Profit (loss) for the period | 9904 | €12,989 | -€3,839 | -€16,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,989 | -€3,839 | -€16,828 |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.