SPACES & OBJECTS 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.
SPACES & OBJECTS DESIGN
Largest movements
- Cash +€3,364
up €3,364 (+59.0%), from €5,705 to €9,069
mainly Net result for the year (+€5,124) and Depreciation (+€630)
- Receivables within one year +€911
up €911 (+12.1%), from €7,557 to €8,468
of which Trade receivables: +€1,684
- Profit (loss) carried forward +€5,124
up €5,124 (+92.8%), from €5,524 to €10,648
- Trade debts -€961
no longer reported in 2025 (was €961)
- Financial charges +€1,781
up €1,781 (+2374.8%), from €75 to €1,856
- Taxes -€1,645
down €1,645 (-46.0%), from €3,579 to €1,934
- Gross operating margin -€120
down €120 (-1.2%), from €9,661 to €9,540
- Depreciation +€111
up €111 (+21.3%), from €520 to €630
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 | €15,011 | €19,252 | +€4,241 | +28.2% |
| Fixed assets | 21/28 | €1,033 | €1,081 | +€48 | +4.6% |
| Tangible fixed assets | 22/27 | €1,033 | €1,081 | +€48 | +4.6% |
| Furniture and vehicles | 24 | €1,033 | €1,081 | +€48 | +4.6% |
| Current assets | 29/58 | €13,978 | €18,171 | +€4,193 | +30.0% |
| Amounts receivable within one year | 40/41 | €7,557 | €8,468 | +€911 | +12.1% |
| Trade receivables | 40 | €5,771 | €7,455 | +€1,684 | +29.2% |
| Other amounts receivable | 41 | €1,786 | €1,013 | -€772 | -43.3% |
| Cash at bank and in hand | 54/58 | €5,705 | €9,069 | +€3,364 | +59.0% |
| Deferred charges and accrued income | 490/1 | €717 | €634 | -€83 | -11.6% |
| Total equity and liabilities | 10/49 | €15,011 | €19,252 | +€4,241 | +28.2% |
| Equity | 10/15 | €8,524 | €13,648 | +€5,124 | +60.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,524 | €10,648 | +€5,124 | +92.8% |
| Amounts payable | 17/49 | €6,487 | €5,604 | -€883 | -13.6% |
| Amounts payable within one year | 42/48 | €6,487 | €5,604 | -€883 | -13.6% |
| Trade debts | 44 | €961 | - | -€961 | |
| Suppliers | 440/4 | €961 | - | -€961 | |
| Taxes, remuneration and social security | 45 | €2,527 | €2,519 | -€8 | -0.3% |
| Taxes | 450/3 | €2,527 | €2,519 | -€8 | -0.3% |
| Other amounts payable | 47/48 | €3,000 | €3,085 | +€85 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €630 | +€111 | +21.3% |
| Gross operating margin | 9900 | €9,661 | €9,540 | -€120 | -1.2% |
| Operating profit (loss) | 9901 | €9,141 | €8,910 | -€231 | -2.5% |
| Financial income | 75/76B | €37 | €4 | -€33 | -89.1% |
| Recurring financial income | 75 | €37 | €4 | -€33 | -89.1% |
| Financial charges | 65/66B | €75 | €1,856 | +€1,781 | +2374.8% |
| Recurring financial charges | 65 | €75 | €1,856 | +€1,781 | +2374.8% |
| Profit (loss) for the period before taxes | 9903 | €9,103 | €7,058 | -€2,045 | -22.5% |
| Income taxes | 67/77 | €3,579 | €1,934 | -€1,645 | -46.0% |
| Profit (loss) for the period | 9904 | €5,524 | €5,124 | -€400 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,524 | €5,124 | -€400 | -7.2% |
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 10 October 2026 via checked.be.