Showdesign: 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.
Showdesign
Largest movements
- Tangible fixed assets +€114,280
up €114,280 (+35.3%), from €323,316 to €437,596
of which Plant, machinery and equipment: +€124,680
- Cash +€81,051
up €81,051 (+39.2%), from €206,934 to €287,985
mainly Net result for the year (+€232,687) and Depreciation (+€55,207)
- Receivables within one year +€39,781
up €39,781 (+87.0%), from €45,719 to €85,500
of which Trade receivables: +€36,223
- Reserves +€232,687
up €232,687 (+43.8%), from €530,797 to €763,484
- Gross operating margin +€80,544
up €80,544 (+29.1%), from €277,020 to €357,564
- Taxes +€17,065
up €17,065 (+33.7%), from €50,632 to €67,697
- Depreciation +€16,478
up €16,478 (+42.5%), from €38,729 to €55,207
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 | €581,729 | €812,986 | +€231,257 | +39.8% |
| Fixed assets | 21/28 | €325,603 | €438,991 | +€113,389 | +34.8% |
| Intangible fixed assets | 21 | €2,287 | €1,395 | -€891 | -39.0% |
| Tangible fixed assets | 22/27 | €323,316 | €437,596 | +€114,280 | +35.3% |
| Plant, machinery and equipment | 23 | €294,395 | €419,075 | +€124,680 | +42.4% |
| Furniture and vehicles | 24 | €28,921 | €18,521 | -€10,400 | -36.0% |
| Current assets | 29/58 | €256,126 | €373,994 | +€117,868 | +46.0% |
| Amounts receivable within one year | 40/41 | €45,719 | €85,500 | +€39,781 | +87.0% |
| Trade receivables | 40 | €40,465 | €76,688 | +€36,223 | +89.5% |
| Other amounts receivable | 41 | €5,254 | €8,812 | +€3,558 | +67.7% |
| Cash at bank and in hand | 54/58 | €206,934 | €287,985 | +€81,051 | +39.2% |
| Deferred charges and accrued income | 490/1 | €3,473 | €510 | -€2,964 | -85.3% |
| Total equity and liabilities | 10/49 | €581,729 | €812,986 | +€231,257 | +39.8% |
| Equity | 10/15 | €549,397 | €782,084 | +€232,687 | +42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €530,797 | €763,484 | +€232,687 | +43.8% |
| Distributable reserves | 133 | €530,797 | €763,484 | +€232,687 | +43.8% |
| Amounts payable | 17/49 | €32,332 | €30,902 | -€1,431 | -4.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €32,332 | €30,902 | -€1,431 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €7,374 | €0 | -€7,374 | -100% |
| Financial debts | 43 | €876 | €2,340 | +€1,464 | +167% |
| Credit institutions | 430/8 | €876 | €2,340 | +€1,464 | +167% |
| Trade debts | 44 | €3,662 | €5,603 | +€1,941 | +53.0% |
| Suppliers | 440/4 | €3,662 | €5,603 | +€1,941 | +53.0% |
| Taxes, remuneration and social security | 45 | €12,086 | €10,468 | -€1,617 | -13.4% |
| Taxes | 450/3 | €12,086 | €10,468 | -€1,617 | -13.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,334 | €12,491 | +€4,156 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,729 | €55,207 | +€16,478 | +42.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,361 | €1,101 | -€260 | -19.1% |
| Non-recurring operating charges | 66A | - | €322 | +€322 | |
| Gross operating margin | 9900 | €277,020 | €357,564 | +€80,544 | +29.1% |
| Operating profit (loss) | 9901 | €236,931 | €300,935 | +€64,004 | +27.0% |
| Financial income | 75/76B | €105 | €687 | +€582 | +552% |
| Recurring financial income | 75 | €105 | €687 | +€582 | +552% |
| Financial charges | 65/66B | €1,931 | €1,237 | -€694 | -35.9% |
| Recurring financial charges | 65 | €1,931 | €1,237 | -€694 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €235,104 | €300,385 | +€65,280 | +27.8% |
| Income taxes | 67/77 | €50,632 | €67,697 | +€17,065 | +33.7% |
| Profit (loss) for the period | 9904 | €184,472 | €232,687 | +€48,215 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €184,472 | €232,687 | +€48,215 | +26.1% |
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 22 October 2026 via checked.be.