SCREEN 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.
SCREEN DESIGN
Largest movements
- Receivables within one year +€49,250
up €49,250 (+63.9%), from €77,047 to €126,297
of which Trade receivables: +€28,947
- Cash -€19,991
down €19,991 (-20.5%), from €97,502 to €77,511
mainly Debts after one year (-€96,058) and Receivables within one year (-€49,250)
- Tangible fixed assets -€15,312
down €15,312 (-4.6%), from €336,521 to €321,209
of which Land and buildings: -€15,390
- Debts after one year -€96,058
down €96,058 (-96.4%), from €99,658 to €3,600
of which Financial debts: -€96,058
- Reserves +€80,891
up €80,891 (+59.0%), from €137,023 to €217,914
of which Distributable reserves: +€80,891
- Current portion of long-term debt +€27,982
up €27,982 (+86.0%), from €32,529 to €60,512
- Gross operating margin +€21,726
up €21,726 (+9.4%), from €231,369 to €253,095
- Depreciation -€19,021
down €19,021 (-50.6%), from €37,582 to €18,561
- Taxes +€18,773
up €18,773 (+78.4%), from €23,956 to €42,729
- Other operating charges -€12,596
down €12,596 (-79.3%), from €15,893 to €3,297
- Write-downs -€5,715
down €5,715 (-100%), from €5,715 to €0
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 | €518,438 | €532,689 | +€14,251 | +2.7% |
| Fixed assets | 21/28 | €337,371 | €322,059 | -€15,312 | -4.5% |
| Tangible fixed assets | 22/27 | €336,521 | €321,209 | -€15,312 | -4.6% |
| Land and buildings | 22 | €330,837 | €315,447 | -€15,390 | -4.7% |
| Plant, machinery and equipment | 23 | - | €1,893 | +€1,893 | |
| Furniture and vehicles | 24 | €5,685 | €3,869 | -€1,816 | -31.9% |
| Financial fixed assets | 28 | €850 | €850 | = | 0.0% |
| Current assets | 29/58 | €181,067 | €210,630 | +€29,563 | +16.3% |
| Stocks and contracts in progress | 3 | €755 | €980 | +€225 | +29.8% |
| Stocks | 30/36 | €755 | €980 | +€225 | +29.8% |
| Amounts receivable within one year | 40/41 | €77,047 | €126,297 | +€49,250 | +63.9% |
| Trade receivables | 40 | €30,310 | €59,257 | +€28,947 | +95.5% |
| Other amounts receivable | 41 | €46,737 | €67,040 | +€20,303 | +43.4% |
| Cash at bank and in hand | 54/58 | €97,502 | €77,511 | -€19,991 | -20.5% |
| Deferred charges and accrued income | 490/1 | €5,763 | €5,842 | +€79 | +1.4% |
| Total equity and liabilities | 10/49 | €518,438 | €532,689 | +€14,251 | +2.7% |
| Equity | 10/15 | €236,836 | €317,727 | +€80,891 | +34.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,023 | €217,914 | +€80,891 | +59.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €135,163 | €216,054 | +€80,891 | +59.8% |
| Profit (loss) carried forward | 14 | €81,214 | €81,214 | = | 0.0% |
| Amounts payable | 17/49 | €281,602 | €214,962 | -€66,640 | -23.7% |
| Amounts payable after more than one year | 17 | €99,658 | €3,600 | -€96,058 | -96.4% |
| Financial debts | 170/4 | €96,058 | €0 | -€96,058 | -100% |
| Other amounts payable | 178/9 | €3,600 | €3,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €179,161 | €209,179 | +€30,018 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €32,529 | €60,512 | +€27,982 | +86.0% |
| Trade debts | 44 | €85,182 | €82,945 | -€2,237 | -2.6% |
| Suppliers | 440/4 | €85,182 | €82,945 | -€2,237 | -2.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €38,526 | €43,603 | +€5,077 | +13.2% |
| Taxes | 450/3 | €31,113 | €36,578 | +€5,464 | +17.6% |
| Remuneration and social security | 454/9 | €7,413 | €7,026 | -€387 | -5.2% |
| Other amounts payable | 47/48 | €22,923 | €22,119 | -€804 | -3.5% |
| Accrued charges and deferred income | 492/3 | €2,783 | €2,183 | -€600 | -21.6% |
| Remuneration, social security and pensions | 62 | €98,616 | €103,288 | +€4,672 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,582 | €18,561 | -€19,021 | -50.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,715 | €0 | -€5,715 | -100% |
| Other operating charges | 640/8 | €15,893 | €3,297 | -€12,596 | -79.3% |
| Gross operating margin | 9900 | €231,369 | €253,095 | +€21,726 | +9.4% |
| Operating profit (loss) | 9901 | €73,563 | €127,949 | +€54,386 | +73.9% |
| Financial income | 75/76B | €2,676 | €2,766 | +€90 | +3.4% |
| Recurring financial income | 75 | €2,676 | €2,766 | +€90 | +3.4% |
| Financial charges | 65/66B | €10,990 | €6,009 | -€4,982 | -45.3% |
| Recurring financial charges | 65 | €10,990 | €6,009 | -€4,982 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €65,249 | €124,706 | +€59,457 | +91.1% |
| Income taxes | 67/77 | €23,956 | €42,729 | +€18,773 | +78.4% |
| Profit (loss) for the period | 9904 | €41,293 | €81,977 | +€40,685 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,293 | €81,977 | +€40,685 | +98.5% |
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 13 October 2026 via checked.be.