REDESIGN FACTORY: 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.
REDESIGN FACTORY
Largest movements
- Cash -€26,250
down €26,250 (-35.4%), from €74,246 to €47,995
mainly Contributions, distributions and other (-€46,000) and Debts after one year (-€11,049)
- Tangible fixed assets -€10,902
down €10,902 (-10.4%), from €105,322 to €94,420
of which Leasing and similar rights: -€6,077
- Receivables within one year -€6,370
down €6,370 (-41.1%), from €15,490 to €9,120
of which Trade receivables: -€5,047
- Reserves -€28,000
down €28,000 (-29.0%), from €96,660 to €68,660
- Debts after one year -€11,049
down €11,049 (-18.6%), from €59,376 to €48,327
- Tax, wage and social debts -€5,517
no longer reported in 2025 (was €5,517)
- Gross operating margin -€3,616
down €3,616 (-8.2%), from €44,316 to €40,700
- Taxes -€945
down €945 (-10.1%), from €9,328 to €8,383
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 | €195,710 | €151,813 | -€43,897 | -22.4% |
| Fixed assets | 21/28 | €105,322 | €94,420 | -€10,902 | -10.4% |
| Tangible fixed assets | 22/27 | €105,322 | €94,420 | -€10,902 | -10.4% |
| Land and buildings | 22 | €83,072 | €80,444 | -€2,628 | -3.2% |
| Furniture and vehicles | 24 | €5,135 | €2,938 | -€2,198 | -42.8% |
| Leasing and similar rights | 25 | €17,115 | €11,038 | -€6,077 | -35.5% |
| Current assets | 29/58 | €90,388 | €57,393 | -€32,995 | -36.5% |
| Amounts receivable within one year | 40/41 | €15,490 | €9,120 | -€6,370 | -41.1% |
| Trade receivables | 40 | €10,066 | €5,020 | -€5,047 | -50.1% |
| Other amounts receivable | 41 | €5,424 | €4,100 | -€1,323 | -24.4% |
| Cash at bank and in hand | 54/58 | €74,246 | €47,995 | -€26,250 | -35.4% |
| Deferred charges and accrued income | 490/1 | €652 | €277 | -€374 | -57.4% |
| Total equity and liabilities | 10/49 | €195,710 | €151,813 | -€43,897 | -22.4% |
| Equity | 10/15 | €114,586 | €87,005 | -€27,582 | -24.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €96,660 | €68,660 | -€28,000 | -29.0% |
| Distributable reserves | 133 | €96,660 | €68,660 | -€28,000 | -29.0% |
| Profit (loss) carried forward | 14 | €5,526 | €5,945 | +€418 | +7.6% |
| Amounts payable | 17/49 | €81,123 | €64,808 | -€16,315 | -20.1% |
| Amounts payable after more than one year | 17 | €59,376 | €48,327 | -€11,049 | -18.6% |
| Financial debts | 170/4 | €59,376 | €48,327 | -€11,049 | -18.6% |
| Amounts payable within one year | 42/48 | €21,747 | €16,481 | -€5,266 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €10,876 | €11,049 | +€173 | +1.6% |
| Financial debts | 43 | €3,402 | €3,387 | -€15 | -0.4% |
| Credit institutions | 430/8 | €3,402 | €3,387 | -€15 | -0.4% |
| Trade debts | 44 | €1,952 | €1,628 | -€324 | -16.6% |
| Suppliers | 440/4 | €1,952 | €1,628 | -€324 | -16.6% |
| Taxes, remuneration and social security | 45 | €5,517 | - | -€5,517 | |
| Taxes | 450/3 | €5,517 | - | -€5,517 | |
| Other amounts payable | 47/48 | - | €417 | +€417 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,284 | €10,902 | -€382 | -3.4% |
| Other operating charges | 640/8 | €1,198 | €1,189 | -€9 | -0.7% |
| Gross operating margin | 9900 | €44,316 | €40,700 | -€3,616 | -8.2% |
| Operating profit (loss) | 9901 | €31,834 | €28,609 | -€3,225 | -10.1% |
| Financial charges | 65/66B | €2,022 | €1,807 | -€215 | -10.6% |
| Recurring financial charges | 65 | €2,022 | €1,807 | -€215 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €29,812 | €26,802 | -€3,010 | -10.1% |
| Income taxes | 67/77 | €9,328 | €8,383 | -€945 | -10.1% |
| Profit (loss) for the period | 9904 | €20,484 | €18,418 | -€2,065 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,484 | €18,418 | -€2,065 | -10.1% |
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 20 October 2026 via checked.be.