TRUCK DESIGN & CONCEPT: 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.
TRUCK DESIGN & CONCEPT
Largest movements
- Receivables within one year +€60,092
up €60,092 (+22.6%), from €266,081 to €326,173
- Tangible fixed assets -€44,844
down €44,844 (-14.0%), from €320,720 to €275,876
of which Furniture and vehicles: -€29,620
- Cash +€14,644
up €14,644 (+80.8%), from €18,131 to €32,775
mainly Net result for the year (+€147,658) and Depreciation (+€44,844)
- Reserves +€80,000
up €80,000 (+14.2%), from €561,860 to €641,860
of which Distributable reserves: +€80,000
- Debts after one year -€39,622
down €39,622 (-31.7%), from €124,929 to €85,307
- Other debts -€13,573
down €13,573 (-75.8%), from €17,902 to €4,329
- Gross operating margin -€70,298
down €70,298 (-14.6%), from €481,634 to €411,336
- Staff costs -€40,658
down €40,658 (-24.5%), from €165,731 to €125,073
- Taxes -€7,756
down €7,756 (-10.9%), from €70,858 to €63,102
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 | €909,661 | €938,931 | +€29,270 | +3.2% |
| Fixed assets | 21/28 | €320,835 | €275,991 | -€44,844 | -14.0% |
| Tangible fixed assets | 22/27 | €320,720 | €275,876 | -€44,844 | -14.0% |
| Land and buildings | 22 | €266,105 | €250,881 | -€15,224 | -5.7% |
| Furniture and vehicles | 24 | €54,615 | €24,995 | -€29,620 | -54.2% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €588,826 | €662,940 | +€74,114 | +12.6% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €266,081 | €326,173 | +€60,092 | +22.6% |
| Other amounts receivable | 41 | €266,081 | €326,173 | +€60,092 | +22.6% |
| Cash at bank and in hand | 54/58 | €18,131 | €32,775 | +€14,644 | +80.8% |
| Deferred charges and accrued income | 490/1 | €4,614 | €3,992 | -€622 | -13.5% |
| Total equity and liabilities | 10/49 | €909,661 | €938,931 | +€29,270 | +3.2% |
| Equity | 10/15 | €660,732 | €742,783 | +€82,051 | +12.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €561,860 | €641,860 | +€80,000 | +14.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €560,000 | €640,000 | +€80,000 | +14.3% |
| Profit (loss) carried forward | 14 | €78,983 | €81,641 | +€2,658 | +3.4% |
| Investment grants | 15 | €1,289 | €682 | -€607 | -47.1% |
| Provisions and deferred taxes | 16 | €664 | €351 | -€313 | -47.1% |
| Deferred taxes | 168 | €664 | €351 | -€313 | -47.1% |
| Amounts payable | 17/49 | €248,265 | €195,797 | -€52,468 | -21.1% |
| Amounts payable after more than one year | 17 | €124,929 | €85,307 | -€39,622 | -31.7% |
| Financial debts | 170/4 | €124,929 | €85,307 | -€39,622 | -31.7% |
| Amounts payable within one year | 42/48 | €123,336 | €110,490 | -€12,846 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €38,294 | €39,621 | +€1,327 | +3.5% |
| Trade debts | 44 | €1,988 | €402 | -€1,586 | -79.8% |
| Suppliers | 440/4 | €1,988 | €402 | -€1,586 | -79.8% |
| Taxes, remuneration and social security | 45 | €65,152 | €66,138 | +€986 | +1.5% |
| Taxes | 450/3 | €47,529 | €54,525 | +€6,996 | +14.7% |
| Remuneration and social security | 454/9 | €17,623 | €11,613 | -€6,010 | -34.1% |
| Other amounts payable | 47/48 | €17,902 | €4,329 | -€13,573 | -75.8% |
| Remuneration, social security and pensions | 62 | €165,731 | €125,073 | -€40,658 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,844 | €44,844 | = | 0.0% |
| Other operating charges | 640/8 | €24,947 | €25,764 | +€817 | +3.3% |
| Gross operating margin | 9900 | €481,634 | €411,336 | -€70,298 | -14.6% |
| Operating profit (loss) | 9901 | €246,112 | €215,655 | -€30,457 | -12.4% |
| Financial income | 75/76B | €607 | €607 | = | 0.0% |
| Recurring financial income | 75 | €607 | €607 | = | 0.0% |
| Financial charges | 65/66B | €6,975 | €5,815 | -€1,160 | -16.6% |
| Recurring financial charges | 65 | €6,975 | €5,815 | -€1,160 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €239,744 | €210,447 | -€29,297 | -12.2% |
| Transfer from deferred taxes | 780 | €313 | €313 | = | 0.0% |
| Income taxes | 67/77 | €70,858 | €63,102 | -€7,756 | -10.9% |
| Profit (loss) for the period | 9904 | €169,199 | €147,658 | -€21,541 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €169,199 | €147,658 | -€21,541 | -12.7% |
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 31 October 2026 via checked.be.