S 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.
S DESIGN
Largest movements
- Cash -€9,205
down €9,205 (-47.8%), from €19,260 to €10,055
mainly Tax, wage and social debts (-€13,758) and Receivables within one year (-€1,173)
- Receivables within one year +€1,173
up €1,173 (+4.7%), from €25,168 to €26,341
of which Other amounts receivable: +€1,249
- Tax, wage and social debts -€13,758
down €13,758 (-74.3%), from €18,524 to €4,766
- Profit (loss) carried forward +€5,594
up €5,594, from -€1,969 to €3,625
- Gross operating margin -€58,432
down €58,432 (-87.1%), from €67,051 to €8,619
- Taxes -€10,571
down €10,571 (-78.0%), from €13,557 to €2,986
- Financial charges -€2,605
down €2,605 (-98.5%), from €2,645 to €40
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 | €44,428 | €36,396 | -€8,032 | -18.1% |
| Current assets | 29/58 | €44,428 | €36,396 | -€8,032 | -18.1% |
| Amounts receivable within one year | 40/41 | €25,168 | €26,341 | +€1,173 | +4.7% |
| Trade receivables | 40 | €5,194 | €5,118 | -€76 | -1.5% |
| Other amounts receivable | 41 | €19,974 | €21,223 | +€1,249 | +6.3% |
| Cash at bank and in hand | 54/58 | €19,260 | €10,055 | -€9,205 | -47.8% |
| Total equity and liabilities | 10/49 | €44,428 | €36,396 | -€8,032 | -18.1% |
| Equity | 10/15 | €18,711 | €24,305 | +€5,594 | +29.9% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Reserves | 13 | €1,880 | €1,880 | = | 0.0% |
| Distributable reserves | 133 | €1,880 | €1,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,969 | €3,625 | +€5,594 | |
| Amounts payable | 17/49 | €25,717 | €12,091 | -€13,626 | -53.0% |
| Amounts payable within one year | 42/48 | €25,717 | €12,091 | -€13,626 | -53.0% |
| Financial debts | 43 | €2,531 | €2,531 | = | 0.0% |
| Credit institutions | 430/8 | €2,531 | €2,531 | = | 0.0% |
| Trade debts | 44 | €4,583 | €4,679 | +€96 | +2.1% |
| Suppliers | 440/4 | €4,583 | €4,679 | +€96 | +2.1% |
| Taxes, remuneration and social security | 45 | €18,524 | €4,766 | -€13,758 | -74.3% |
| Taxes | 450/3 | €18,524 | €4,766 | -€13,758 | -74.3% |
| Other amounts payable | 47/48 | €79 | €115 | +€36 | +45.6% |
| Other operating charges | 640/8 | €328 | - | -€328 | |
| Gross operating margin | 9900 | €67,051 | €8,619 | -€58,432 | -87.1% |
| Operating profit (loss) | 9901 | €66,723 | €8,619 | -€58,104 | -87.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,645 | €40 | -€2,605 | -98.5% |
| Recurring financial charges | 65 | €2,645 | €40 | -€2,605 | -98.5% |
| Profit (loss) for the period before taxes | 9903 | €64,078 | €8,580 | -€55,498 | -86.6% |
| Income taxes | 67/77 | €13,557 | €2,986 | -€10,571 | -78.0% |
| Profit (loss) for the period | 9904 | €50,521 | €5,594 | -€44,927 | -88.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,521 | €5,594 | -€44,927 | -88.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.