SR Design: what changed
Two fiscal 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.
SR Design
Largest movements
- Receivables within one year -€7,539
down €7,539 (-46.4%), from €16,258 to €8,718
of which Trade receivables: -€6,598
- Cash +€5,024
up €5,024 (+27.6%), from €18,189 to €23,213
mainly Receivables within one year (+€7,539) and Depreciation (+€6,781)
- Tangible fixed assets -€3,150
down €3,150 (-14.7%), from €21,384 to €18,234
of which Plant, machinery and equipment: -€2,898
- Trade debts -€11,879
down €11,879 (-83.7%), from €14,185 to €2,305
- Profit (loss) carried forward +€6,028
up €6,028 (+89.9%), from -€6,708 to -€680
- Tax, wage and social debts +€1,616
up €1,616 (+45.9%), from €3,520 to €5,136
- Other debts -€1,009
down €1,009 (-2.3%), from €43,084 to €42,075
- Gross operating margin +€17,572
up €17,572, from -€3,288 to €14,284
- Depreciation +€3,985
up €3,985 (+142.5%), from €2,796 to €6,781
- Taxes +€420
new in 2024: €420
- Other operating charges +€383
up €383 (+75.4%), from €508 to €891
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,082 | €50,837 | -€5,244 | -9.4% |
| Fixed assets | 21/28 | €21,384 | €18,234 | -€3,150 | -14.7% |
| Tangible fixed assets | 22/27 | €21,384 | €18,234 | -€3,150 | -14.7% |
| Plant, machinery and equipment | 23 | €20,357 | €17,459 | -€2,898 | -14.2% |
| Furniture and vehicles | 24 | €1,027 | €775 | -€252 | -24.5% |
| Current assets | 29/58 | €34,698 | €32,603 | -€2,094 | -6.0% |
| Amounts receivable within one year | 40/41 | €16,258 | €8,718 | -€7,539 | -46.4% |
| Trade receivables | 40 | €14,728 | €8,130 | -€6,598 | -44.8% |
| Other amounts receivable | 41 | €1,529 | €588 | -€941 | -61.5% |
| Cash at bank and in hand | 54/58 | €18,189 | €23,213 | +€5,024 | +27.6% |
| Deferred charges and accrued income | 490/1 | €251 | €672 | +€420 | +167.3% |
| Total equity and liabilities | 10/49 | €56,082 | €50,837 | -€5,244 | -9.4% |
| Equity | 10/15 | -€4,708 | €1,320 | +€6,028 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,708 | -€680 | +€6,028 | +89.9% |
| Amounts payable | 17/49 | €60,790 | €49,517 | -€11,273 | -18.5% |
| Amounts payable within one year | 42/48 | €60,790 | €49,517 | -€11,273 | -18.5% |
| Trade debts | 44 | €14,185 | €2,305 | -€11,879 | -83.7% |
| Suppliers | 440/4 | €14,185 | €2,305 | -€11,879 | -83.7% |
| Taxes, remuneration and social security | 45 | €3,520 | €5,136 | +€1,616 | +45.9% |
| Taxes | 450/3 | €3,520 | €5,136 | +€1,616 | +45.9% |
| Other amounts payable | 47/48 | €43,084 | €42,075 | -€1,009 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,796 | €6,781 | +€3,985 | +142.5% |
| Other operating charges | 640/8 | €508 | €891 | +€383 | +75.4% |
| Gross operating margin | 9900 | -€3,288 | €14,284 | +€17,572 | |
| Operating profit (loss) | 9901 | -€6,592 | €6,611 | +€13,204 | |
| Financial income | 75/76B | €0 | €14 | +€13 | +5111.5% |
| Recurring financial income | 75 | €0 | €14 | +€13 | +5111.5% |
| Financial charges | 65/66B | €116 | €176 | +€60 | +51.9% |
| Recurring financial charges | 65 | €116 | €176 | +€60 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,708 | €6,449 | +€13,157 | |
| Income taxes | 67/77 | - | €420 | +€420 | |
| Profit (loss) for the period | 9904 | -€6,708 | €6,028 | +€12,736 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,708 | €6,028 | +€12,736 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.