TSDesign: 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.
TSDesign
Largest movements
- Receivables within one year +€12,091
up €12,091 (+482.7%), from €2,505 to €14,596
of which Other amounts receivable: +€11,311
- Cash -€11,137
no longer reported in 2025 (was €11,137)
mainly Receivables within one year (-€12,091) and Other debts (-€7,993)
- Tangible fixed assets -€723
down €723 (-31.8%), from €2,272 to €1,549
- Other debts -€7,993
no longer reported in 2025 (was €7,993)
- Tax, wage and social debts +€5,113
up €5,113 (+84.4%), from €6,056 to €11,169
of which Remuneration and social security: +€6,053
- Trade debts +€2,270
up €2,270 (+621.6%), from €365 to €2,635
- Profit (loss) carried forward +€841
new in 2025: €841
- Gross operating margin -€4,748
down €4,748 (-41.8%), from €11,361 to €6,613
- Other operating charges -€969
down €969 (-98.2%), from €987 to €18
- Taxes -€436
down €436 (-20.5%), from €2,126 to €1,690
- Depreciation +€305
up €305 (+73.2%), from €417 to €723
- Financial charges +€193
up €193 (+116.6%), from €165 to €358
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 | €15,914 | €16,146 | +€231 | +1.5% |
| Fixed assets | 21/28 | €2,272 | €1,549 | -€723 | -31.8% |
| Tangible fixed assets | 22/27 | €2,272 | €1,549 | -€723 | -31.8% |
| Furniture and vehicles | 24 | €2,272 | €1,549 | -€723 | -31.8% |
| Current assets | 29/58 | €13,642 | €14,596 | +€954 | +7.0% |
| Amounts receivable within one year | 40/41 | €2,505 | €14,596 | +€12,091 | +482.7% |
| Trade receivables | 40 | €2,505 | €3,285 | +€780 | +31.2% |
| Other amounts receivable | 41 | - | €11,311 | +€11,311 | |
| Cash at bank and in hand | 54/58 | €11,137 | - | -€11,137 | |
| Total equity and liabilities | 10/49 | €15,914 | €16,146 | +€231 | +1.5% |
| Equity | 10/15 | €1,500 | €2,341 | +€841 | +56.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €841 | +€841 | |
| Amounts payable | 17/49 | €14,414 | €13,805 | -€610 | -4.2% |
| Amounts payable within one year | 42/48 | €14,414 | €13,805 | -€610 | -4.2% |
| Trade debts | 44 | €365 | €2,635 | +€2,270 | +621.6% |
| Suppliers | 440/4 | €365 | €2,635 | +€2,270 | +621.6% |
| Taxes, remuneration and social security | 45 | €6,056 | €11,169 | +€5,113 | +84.4% |
| Taxes | 450/3 | €6,056 | €5,116 | -€940 | -15.5% |
| Remuneration and social security | 454/9 | - | €6,053 | +€6,053 | |
| Other amounts payable | 47/48 | €7,993 | - | -€7,993 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €723 | +€305 | +73.2% |
| Other operating charges | 640/8 | €987 | €18 | -€969 | -98.2% |
| Gross operating margin | 9900 | €11,361 | €6,613 | -€4,748 | -41.8% |
| Operating profit (loss) | 9901 | €9,956 | €5,872 | -€4,084 | -41.0% |
| Financial income | 75/76B | €2 | €17 | +€16 | +924.1% |
| Recurring financial income | 75 | €2 | €17 | +€16 | +924.1% |
| Financial charges | 65/66B | €165 | €358 | +€193 | +116.6% |
| Recurring financial charges | 65 | €165 | €358 | +€193 | +116.6% |
| Profit (loss) for the period before taxes | 9903 | €9,793 | €5,531 | -€4,262 | -43.5% |
| Income taxes | 67/77 | €2,126 | €1,690 | -€436 | -20.5% |
| Profit (loss) for the period | 9904 | €7,666 | €3,841 | -€3,825 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,666 | €3,841 | -€3,825 | -49.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.