Technical Design Office: 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.
Technical Design Office
Largest movements
- Tangible fixed assets -€5,897
down €5,897 (-18.4%), from €32,050 to €26,153
of which Furniture and vehicles: -€3,891
- Cash +€5,122
up €5,122 (+39.7%), from €12,913 to €18,035
mainly Depreciation (+€10,546) and Net result for the year (+€10,336)
- Receivables within one year +€2,889
up €2,889 (+17.2%), from €16,788 to €19,678
of which Trade receivables: +€5,912
- Deferred charges and accrued income -€857
down €857 (-12.2%), from €7,002 to €6,145
- Profit (loss) carried forward +€10,336
up €10,336 (+65.2%), from -€15,842 to -€5,506
- Other debts -€7,797
down €7,797 (-27.0%), from €28,855 to €21,058
- Trade debts -€1,508
down €1,508 (-29.5%), from €5,106 to €3,598
- Gross operating margin +€22,276
up €22,276 (+1,293%), from €1,723 to €23,999
- Depreciation +€1,409
up €1,409 (+15.4%), from €9,137 to €10,546
- Financial charges -€566
down €566 (-33.4%), from €1,695 to €1,128
- Financial income -€491
down €491 (-71.1%), from €691 to €200
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 | €69,051 | €70,010 | +€959 | +1.4% |
| Fixed assets | 21/28 | €32,347 | €26,153 | -€6,194 | -19.1% |
| Intangible fixed assets | 21 | €297 | €0 | -€297 | -100% |
| Tangible fixed assets | 22/27 | €32,050 | €26,153 | -€5,897 | -18.4% |
| Plant, machinery and equipment | 23 | €6,654 | €3,771 | -€2,883 | -43.3% |
| Furniture and vehicles | 24 | €18,759 | €14,867 | -€3,891 | -20.7% |
| Other tangible fixed assets | 26 | €6,637 | €7,514 | +€877 | +13.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €36,704 | €43,857 | +€7,154 | +19.5% |
| Amounts receivable within one year | 40/41 | €16,788 | €19,678 | +€2,889 | +17.2% |
| Trade receivables | 40 | €12,418 | €18,331 | +€5,912 | +47.6% |
| Other amounts receivable | 41 | €4,370 | €1,347 | -€3,023 | -69.2% |
| Cash at bank and in hand | 54/58 | €12,913 | €18,035 | +€5,122 | +39.7% |
| Deferred charges and accrued income | 490/1 | €7,002 | €6,145 | -€857 | -12.2% |
| Total equity and liabilities | 10/49 | €69,051 | €70,010 | +€959 | +1.4% |
| Equity | 10/15 | €34,877 | €45,213 | +€10,336 | +29.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,119 | €32,119 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,119 | €32,119 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,842 | -€5,506 | +€10,336 | +65.2% |
| Amounts payable | 17/49 | €34,173 | €24,797 | -€9,376 | -27.4% |
| Amounts payable within one year | 42/48 | €34,173 | €24,797 | -€9,376 | -27.4% |
| Trade debts | 44 | €5,106 | €3,598 | -€1,508 | -29.5% |
| Suppliers | 440/4 | €5,106 | €3,598 | -€1,508 | -29.5% |
| Taxes, remuneration and social security | 45 | €212 | €141 | -€71 | -33.5% |
| Taxes | 450/3 | €212 | €141 | -€71 | -33.5% |
| Other amounts payable | 47/48 | €28,855 | €21,058 | -€7,797 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,137 | €10,546 | +€1,409 | +15.4% |
| Other operating charges | 640/8 | €1,825 | €2,048 | +€223 | +12.2% |
| Gross operating margin | 9900 | €1,723 | €23,999 | +€22,276 | +1,293% |
| Operating profit (loss) | 9901 | -€9,239 | €11,405 | +€20,644 | |
| Financial income | 75/76B | €691 | €200 | -€491 | -71.1% |
| Recurring financial income | 75 | €691 | €200 | -€491 | -71.1% |
| Financial charges | 65/66B | €1,695 | €1,128 | -€566 | -33.4% |
| Recurring financial charges | 65 | €1,695 | €1,128 | -€566 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,243 | €10,477 | +€20,720 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€10,382 | €10,336 | +€20,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,382 | €10,336 | +€20,718 |
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 14 October 2026 via checked.be.