RG 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.
RG DESIGN
Largest movements
- Tangible fixed assets -€26,113
down €26,113 (-14.1%), from €184,899 to €158,787
of which Furniture and vehicles: -€17,554
- Receivables within one year +€15,191
up €15,191 (+49.0%), from €31,003 to €46,194
of which Trade receivables: +€9,117
- Stocks and contracts +€6,005
up €6,005 (+40.6%), from €14,779 to €20,784
- Deferred charges and accrued income -€3,554
down €3,554 (-34.9%), from €10,181 to €6,627
- Profit (loss) carried forward +€30,485
up €30,485 (+72.4%), from -€42,115 to -€11,630
- Debts after one year -€29,279
down €29,279 (-18.5%), from €158,244 to €128,965
- Tax, wage and social debts -€7,362
down €7,362 (-100.0%), from €7,362 to €0
- Advances received -€4,886
down €4,886 (-100.0%), from €4,886 to €0
- Gross operating margin +€112,625
up €112,625, from -€44,144 to €68,481
- Other operating charges +€686
up €686 (+12.9%), from €5,307 to €5,993
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 | €259,806 | €249,621 | -€10,185 | -3.9% |
| Fixed assets | 21/28 | €186,845 | €160,733 | -€26,113 | -14.0% |
| Tangible fixed assets | 22/27 | €184,899 | €158,787 | -€26,113 | -14.1% |
| Land and buildings | 22 | €131,377 | €122,954 | -€8,423 | -6.4% |
| Plant, machinery and equipment | 23 | €639 | €503 | -€136 | -21.3% |
| Furniture and vehicles | 24 | €52,883 | €35,330 | -€17,554 | -33.2% |
| Financial fixed assets | 28 | €1,946 | €1,946 | = | 0.0% |
| Current assets | 29/58 | €72,961 | €88,889 | +€15,928 | +21.8% |
| Stocks and contracts in progress | 3 | €14,779 | €20,784 | +€6,005 | +40.6% |
| Stocks | 30/36 | €14,779 | €20,784 | +€6,005 | +40.6% |
| Amounts receivable within one year | 40/41 | €31,003 | €46,194 | +€15,191 | +49.0% |
| Trade receivables | 40 | €15,487 | €24,604 | +€9,117 | +58.9% |
| Other amounts receivable | 41 | €15,516 | €21,591 | +€6,074 | +39.1% |
| Cash at bank and in hand | 54/58 | €16,998 | €15,284 | -€1,714 | -10.1% |
| Deferred charges and accrued income | 490/1 | €10,181 | €6,627 | -€3,554 | -34.9% |
| Total equity and liabilities | 10/49 | €259,806 | €249,621 | -€10,185 | -3.9% |
| Equity | 10/15 | €56,222 | €86,707 | +€30,485 | +54.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €96,337 | €96,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €96,137 | €96,137 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,115 | -€11,630 | +€30,485 | +72.4% |
| Amounts payable | 17/49 | €203,584 | €162,914 | -€40,670 | -20.0% |
| Amounts payable after more than one year | 17 | €158,244 | €128,965 | -€29,279 | -18.5% |
| Financial debts | 170/4 | €158,244 | €128,965 | -€29,279 | -18.5% |
| Amounts payable within one year | 42/48 | €45,340 | €33,949 | -€11,391 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €28,238 | €29,279 | +€1,040 | +3.7% |
| Trade debts | 44 | €4,854 | €4,670 | -€184 | -3.8% |
| Suppliers | 440/4 | €4,854 | €4,670 | -€184 | -3.8% |
| Advances received on contracts in progress | 46 | €4,886 | €0 | -€4,886 | -100.0% |
| Taxes, remuneration and social security | 45 | €7,362 | €0 | -€7,362 | -100.0% |
| Taxes | 450/3 | €7,362 | €0 | -€7,362 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,485 | €26,113 | -€373 | -1.4% |
| Other operating charges | 640/8 | €5,307 | €5,993 | +€686 | +12.9% |
| Gross operating margin | 9900 | -€44,144 | €68,481 | +€112,625 | |
| Operating profit (loss) | 9901 | -€75,937 | €36,375 | +€112,312 | |
| Financial income | 75/76B | €638 | €634 | -€4 | -0.6% |
| Recurring financial income | 75 | €638 | €634 | -€4 | -0.6% |
| Financial charges | 65/66B | €5,384 | €5,488 | +€105 | +1.9% |
| Recurring financial charges | 65 | €5,384 | €5,488 | +€105 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€80,683 | €31,521 | +€112,203 | |
| Income taxes | 67/77 | €736 | €1,036 | +€299 | +40.6% |
| Profit (loss) for the period | 9904 | -€81,419 | €30,485 | +€111,904 | |
| Profit (loss) for the period to be appropriated | 9905 | -€81,419 | €30,485 | +€111,904 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.