Space Age 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.
Space Age design
Largest movements
- Current investments +€1.1m
up €1.1m (+563%), from €187,125 to €1.2m
- Tangible fixed assets +€179,205
up €179,205 (+101%), from €177,673 to €356,878
of which Land and buildings: +€158,827
- Cash +€54,731
up €54,731 (+152%), from €36,125 to €90,856
mainly Net result for the year (+€1.5m) and Tax, wage and social debts (+€32,500)
- Stocks and contracts +€42,459
new in 2025: €42,459
- Receivables within one year +€17,512
up €17,512 (+1,242%), from €1,410 to €18,922
of which Other amounts receivable: +€16,746
- Profit (loss) carried forward +€1.0m
up €1.0m (+37.4%), from -€2.8m to -€1.7m
- Reserves +€482,574
up €482,574 (+73.1%), from €660,564 to €1.1m
of which Non-distributable reserves: +€396,455
- Other debts -€204,742
down €204,742 (-100%), from €204,742 to €0
- Tax, wage and social debts +€32,500
new in 2025: €32,500
- Gross operating margin +€1.6m
up €1.6m, from -€31,224 to €1.5m
- Financial income +€44,077
up €44,077 (+938%), from €4,699 to €48,775
of which Financial income: +€32,387
- Taxes +€42,449
up €42,449, from €0 to €42,449
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 | €402,332 | €1,750,510 | +€1.3m | +335% |
| Fixed assets | 21/28 | €177,673 | €357,879 | +€180,206 | +101% |
| Tangible fixed assets | 22/27 | €177,673 | €356,878 | +€179,205 | +101% |
| Land and buildings | 22 | €177,673 | €336,500 | +€158,827 | +89.4% |
| Plant, machinery and equipment | 23 | - | €2,413 | +€2,413 | |
| Furniture and vehicles | 24 | - | €17,965 | +€17,965 | |
| Financial fixed assets | 28 | - | €1,001 | +€1,001 | |
| Current assets | 29/58 | €224,659 | €1,392,631 | +€1.2m | +520% |
| Stocks and contracts in progress | 3 | - | €42,459 | +€42,459 | |
| Stocks | 30/36 | - | €42,459 | +€42,459 | |
| Amounts receivable within one year | 40/41 | €1,410 | €18,922 | +€17,512 | +1,242% |
| Trade receivables | 40 | - | €766 | +€766 | |
| Other amounts receivable | 41 | €1,410 | €18,156 | +€16,746 | +1,188% |
| Current investments | 50/53 | €187,125 | €1,240,394 | +€1.1m | +563% |
| Cash at bank and in hand | 54/58 | €36,125 | €90,856 | +€54,731 | +152% |
| Total equity and liabilities | 10/49 | €402,332 | €1,750,510 | +€1.3m | +335% |
| Equity | 10/15 | €192,099 | €1,717,451 | +€1.5m | +794% |
| Contributions | 10/11 | €2,322,580 | €2,322,580 | = | 0.0% |
| Capital | 10 | €2,322,580 | - | -€2.3m | |
| Issued capital | 100 | €2,322,580 | - | -€2.3m | |
| Reserves | 13 | €660,564 | €1,143,137 | +€482,574 | +73.1% |
| Non-distributable reserves | 130/1 | €86,118 | €482,574 | +€396,455 | +460% |
| Legal reserve | 130 | €86,118 | - | -€86,118 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Own shares acquired | 1312 | - | €482,574 | +€482,574 | |
| Tax-exempt reserves | 132 | €70,922 | €11,383 | -€59,539 | -83.9% |
| Distributable reserves | 133 | €503,524 | €649,181 | +€145,657 | +28.9% |
| Profit (loss) carried forward | 14 | -€2,791,044 | -€1,748,266 | +€1.0m | +37.4% |
| Amounts payable | 17/49 | €210,233 | €33,059 | -€177,174 | -84.3% |
| Amounts payable within one year | 42/48 | €205,308 | €33,059 | -€172,249 | -83.9% |
| Trade debts | 44 | €566 | €559 | -€7 | -1.2% |
| Suppliers | 440/4 | €566 | €559 | -€7 | -1.2% |
| Taxes, remuneration and social security | 45 | - | €32,500 | +€32,500 | |
| Taxes | 450/3 | - | €32,500 | +€32,500 | |
| Other amounts payable | 47/48 | €204,742 | €0 | -€204,742 | -100% |
| Accrued charges and deferred income | 492/3 | €4,925 | €0 | -€4,925 | -100% |
| Non-recurring operating income | 76A | €0 | €1,585,078 | +€1.6m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,825 | €258 | -€7,567 | -96.7% |
| Other operating charges | 640/8 | €19,652 | €22,223 | +€2,571 | +13.1% |
| Gross operating margin | 9900 | -€31,224 | €1,542,049 | +€1.6m | |
| Operating profit (loss) | 9901 | -€58,702 | €1,519,568 | +€1.6m | |
| Financial income | 75/76B | €4,699 | €48,775 | +€44,077 | +938% |
| Recurring financial income | 75 | €4,699 | €37,086 | +€32,387 | +689% |
| Non-recurring financial income | 76B | - | €11,689 | +€11,689 | |
| Financial charges | 65/66B | €319 | €543 | +€224 | +70.2% |
| Recurring financial charges | 65 | €319 | €543 | +€224 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | -€54,322 | €1,567,800 | +€1.6m | |
| Income taxes | 67/77 | €0 | €42,449 | +€42,449 | |
| Profit (loss) for the period | 9904 | -€54,322 | €1,525,352 | +€1.6m | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,322 | €1,525,352 | +€1.6m |
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 21 October 2026 via checked.be.