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ARCHITECTENLAB

Active
Private limited companyfounded 2002active for 24 yearsUlensstraat 86, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0478.618.883

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 07-07-2026 at the NBB all 23 filings

Equity
€82,108▼ 21.9%
2024 · €105,080
Total assets
€157,921▼ 8.4%
2024 · €172,479
Net result
-€22,972
2024 · €3,983
Working capital
€65,739▼ 32.9%
2024 · €97,925
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a loss of €21,534, after a profit of €5,900 in 2024.

Operating result-€21,534 2025 Net result-€22,972 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€15,601-€22,306▲ 43.0%€27,912▲ 25.1%€32,935▲ 18.0%-€36,160€7,145€5,900▼ 17.4%-€21,534
Net result€6,621-€11,988▲ 81.1%€17,632within the sector's middle half▲ 47.1%€18,974within the sector's middle half▲ 7.6%-€39,264below the sector's middle half€7,098within the sector's middle half€3,983within the sector's middle half▼ 43.9%-€22,972below the sector's middle half
Equity€145,311-€157,299▲ 8.2%€174,931within the sector's middle half▲ 11.2%€193,904above the sector's middle half▲ 10.8%€93,998within the sector's middle half▼ 51.5%€101,097within the sector's middle half▲ 7.6%€105,080within the sector's middle half▲ 3.9%€82,108within the sector's middle half▼ 21.9%
Total assets€290,809-€286,195▼ 1.6%€297,050within the sector's middle half▲ 3.8%€328,911above the sector's middle half▲ 10.7%€212,296within the sector's middle half▼ 35.5%€213,625below the sector's middle half▲ 0.6%€172,479below the sector's middle half▼ 19.3%€157,921below the sector's middle half▼ 8.4%
Debt€145,498-€128,896▼ 11.4%€122,119▼ 5.3%€135,007▲ 10.6%€118,298▼ 12.4%€112,529▼ 4.9%€67,399▼ 40.1%€75,813▲ 12.5%
Working capital€113,461-€128,894▲ 13.6%€153,706within the sector's middle half▲ 19.3%€181,731above the sector's middle half▲ 18.2%€135,148above the sector's middle half▼ 25.6%€134,589within the sector's middle half▼ 0.4%€97,925within the sector's middle half▼ 27.2%€65,739within the sector's middle half▼ 32.9%
Solvency50.0%-55.0%▲ 5.0pp58.9%within the sector's middle half▲ 3.9pp59.0%within the sector's middle half▲ 0.1pp44.3%within the sector's middle half▼ 14.7pp47.3%within the sector's middle half▲ 3.0pp60.9%within the sector's middle half▲ 13.6pp52.0%within the sector's middle half▼ 8.9pp
Current ratio3.33-3.66▲ 0.333.86above the sector's middle half▲ 0.203.86within the sector's middle half▲ 0.012.97within the sector's middle half▼ 0.893.20within the sector's middle half▲ 0.223.21within the sector's middle half▲ 0.012.00within the sector's middle half▼ 1.21
Return on assets (ROA)2.3%-4.2%▲ 1.9pp5.9%within the sector's middle half▲ 1.7pp5.8%within the sector's middle half▼ 0.2pp-18.5%below the sector's middle half▼ 24.3pp3.3%within the sector's middle half▲ 21.8pp2.3%within the sector's middle half▼ 1.0pp-14.5%below the sector's middle half▼ 16.9pp
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157,921
Fixed assets €26,369 ▼ 12.6%
Current assets €131,552 ▼ 7.6%
Equity and liabilities €157,921
Equity €82,108 ▼ 21.9%
Debt €75,813 ▲ 12.5%
Debt's share of the balance-sheet total rises from 39.1% to 48.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€13,799▼
2024 · €14,481
Cash flow
-€15,236▼
2024 · €12,564
Debt to equity
0.92▲
2024 · 0.64
ROE
-28.0%▼
2024 · 3.8%
Interest coverage
-8.12▼
2024 · 6.37
Debt ≤ 1 year
€65,813▲
2024 · €44,395
Debt > 1 year
€0▼
2024 · €13,004
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€15,481€5,426-€20,456€3,946
Intangible fixed assets--€14,088--
Financial fixed assets---€500-
Depreciation and write-downs of the year€21,327€19,800€4,956€8,581€7,735

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 · 1 entry · €48 awarded · €48 paid
Schemes
1 entry · €48 · €48 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as ARCHITECTENLAB: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €139,000 and €163,000, founded between 2001 and 2004.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
ARCHITECTENLAB Sint-Jans-Molenbeek2002€157,921€82,108-€8,969-€22,972-2025
SOCIETE D'ARCHITECTES CONCEPT AND DESIGN Ukkel2001€152,332-€12,476-€38,069-€41,875-2025
SYMETRY ARCHITECTS Vorst2004€139,151€129,903-€2,526-€10,826-2025
WHITESPRAY Deinze2002€163,305€99,871-€9,311-€9,452-2025
LIEVEN ACHTERGAEL-ARCHITECTEN Gent2001€147,363-€139,884-€358,502-€442,55912025
Atelier d’Architecture, Urbanisme et Expertise Eric Rongvaux Saint-Léger (Lux.)2001€162,277€160,966-€11,799-€17,683-2025
BASIC ARCHITECTS Aalst2001€152,266€16,721-€13,858-€17,531-2025

They were chosen from the 6,489 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 5,831 companies had the same profile as ARCHITECTENLAB has now. Two years later, 1.7% had gone bankrupt and 84.6% were still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.7% went bankrupt
13.4% stopped otherwise
84.6% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of ARCHITECTENLAB itself is lower: 0.1% within 12 months. It rests on far more data about ARCHITECTENLAB than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,831 companies, not a prediction for ARCHITECTENLAB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines

Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€172,479€157,921▼
Fixed assets21/28€30,159€26,369▼
Intangible fixed assets21€11,124€8,306▼
Tangible fixed assets22/27€18,410€17,438▼
Land and buildings22€1,795€1,245▼
Plant, machinery and equipment23€16,615€16,193▼
Financial fixed assets28€625€625=
Current assets29/58€142,320€131,552▼
Amounts receivable within one year40/41€74,982€10,185▼
Trade receivables40€49,773€0▼
Other amounts receivable41€25,209€10,185▼
Cash at bank and in hand54/58€64,385€116,738▲
Deferred charges and accrued income490/1€2,953€4,628▲
Equity and liabilities
Total equity and liabilities10/49€172,479€157,921▼
Equity10/15€105,080€82,108▼
Contributions10/11€13,109€13,109=
Reserves13€14,294€14,294=
Tax-exempt reserves132€1,516€1,516=
Distributable reserves133€12,778€12,778=
Profit (loss) carried forward14€77,676€54,705▼
Amounts payable17/49€67,399€75,813▲
Amounts payable after more than one year17€13,004€0▼
Financial debts170/4€13,004€0▼
Amounts payable within one year42/48€44,395€65,813▲
Current portion of amounts payable after more than one year42€18,233€13,004▼
Financial debts43€1,963€0▼
Credit institutions430/8€1,963€0▼
Trade debts44€23,233€32,589▲
Suppliers440/4€23,233€32,589▲
Taxes, remuneration and social security45€269€5,488▲
Taxes450/3€269€5,488▲
Other amounts payable47/48€697€14,732▲
Accrued charges and deferred income492/3€10,000€10,000=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,581€7,735▼
Other operating charges640/8€659€4,830▲
Gross operating margin9900€15,139-€8,969▼
Operating profit (loss)9901€5,900-€21,534▼
Financial income75/76B€358€262▼
Recurring financial income75€358€262▼
Financial charges65/66B€2,274€1,699▼
Recurring financial charges65€2,274€1,699▼
Profit (loss) for the period before taxes9903€3,983-€22,972▼
Profit (loss) for the period9904€3,983-€22,972▼
Profit (loss) for the period to be appropriated9905€3,983-€22,972▼
Appropriation of the result
Profit (loss) to be appropriated9906€77,676€54,705▼
Profit (loss) brought forward from the previous period14P€73,693€77,676▲

The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,731€19,731€19,831€21,327€19,800€4,956€8,581€7,735▼ 9.9%
Other operating charges640/8---€5,023€2,724€281€659€4,830▲ 633%
Gross operating margin9900€38,593€45,221€50,974€59,285-€13,636€12,382€15,139-€8,969-
Operating profit (loss)9901€15,601€22,306€27,912€32,935-€36,160€7,145€5,900-€21,534-
Financial income75/76B---€9€907€2,960€358€262▼ 26.9%
Recurring financial income75€1,615€1,386€1,529€9€907€2,960€358€262▼ 26.9%
Financial charges65/66B---€4,352€4,011€3,006€2,274€1,699▼ 25.3%
Recurring financial charges65€6,218€5,447€4,818€4,352€4,011€3,006€2,274€1,699▼ 25.3%
Profit (loss) for the period before taxes9903€10,997€18,245€24,624€28,592-€39,264€7,098€3,983-€22,972-
Transfer from deferred taxes780----€0----
Income taxes67/77€4,376€6,257€6,992€9,618€0----
Profit (loss) for the period9904€6,621€11,988€17,632€18,974-€39,264€7,098€3,983-€22,972-
Transfer from tax-exempt reserves789---€15,481-----
Profit (loss) for the period to be appropriated9905€6,621€11,988€18,131€34,455-€39,264€7,098€3,983-€22,972-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€290,809€286,195€297,050€328,911€212,296€213,625€172,479€157,921▼ 8.4%
Fixed assets21/28€128,577€108,846€89,514€83,668€8,651€17,784€30,159€26,369▼ 12.6%
Intangible fixed assets21-----€13,941€11,124€8,306▼ 25.3%
Tangible fixed assets22/27€128,452€108,721€89,389€83,543€8,526€3,718€18,410€17,438▼ 5.3%
Land and buildings22---€70,907€716€500€1,795€1,245▼ 30.6%
Plant, machinery and equipment23---€12,637€7,811€3,217€16,615€16,193▼ 2.5%
Financial fixed assets28€125€125€125€125€125€125€625€625=
Current assets29/58€162,232€177,348€207,535€245,243€203,645€195,841€142,320€131,552▼ 7.6%
Stocks and contracts in progress3€4,113--------
Amounts receivable within one year40/41€46,043€82,938€43,459€42,234€62,964€72,118€74,982€10,185▼ 86.4%
Trade receivables40---€4,617€3,352€8,359€49,773€0▼ 100%
Other amounts receivable41---€37,617€59,612€63,759€25,209€10,185▼ 59.6%
Cash at bank and in hand54/58€112,076€88,379€163,435€202,709€138,707€118,794€64,385€116,738▲ 81.3%
Deferred charges and accrued income490/1---€300€1,973€4,929€2,953€4,628▲ 56.7%
Equity and liabilities
Total equity and liabilities10/49€290,809€286,195€297,050€328,911€212,296€213,625€172,479€157,921▼ 8.4%
Equity10/15€145,311€157,299€174,931€193,904€93,998€101,097€105,080€82,108▼ 21.9%
Contributions10/11€18,600€18,600-€18,600€13,109€13,109€13,109€13,109=
Reserves13€36,262€36,262€35,763€20,282€14,294€14,294€14,294€14,294=
Non-distributable reserves130/1---€1,860€1,311€0---
Reserves not available under the articles1311---€1,860€1,311€0---
Tax-exempt reserves132---€2,151€1,516€1,516€1,516€1,516=
Distributable reserves133---€16,271€11,468€12,778€12,778€12,778=
Profit (loss) carried forward14€90,449€102,437€120,567€155,023€66,595€73,693€77,676€54,705▼ 29.6%
Amounts payable17/49€145,498€128,896€122,119€135,007€118,298€112,529€67,399€75,813▲ 12.5%
Amounts payable after more than one year17€96,727€80,441€68,290€71,495€49,801€31,237€13,004€0▼ 100%
Financial debts170/4---€71,495€49,801€31,237€13,004€0▼ 100%
Amounts payable within one year42/48€48,771€48,455€53,829€63,511€68,496€61,252€44,395€65,813▲ 48.2%
Current portion of amounts payable after more than one year42---€13,223€17,815€18,565€18,233€13,004▼ 28.7%
Financial debts43------€1,963€0▼ 100%
Credit institutions430/8------€1,963€0▼ 100%
Trade debts44€32,692€32,169€41,678€46,711€47,785€39,546€23,233€32,589▲ 40.3%
Suppliers440/4---€46,711€47,785€39,546€23,233€32,589▲ 40.3%
Taxes, remuneration and social security45---€1,548€0-€269€5,488▲ 20×
Taxes450/3---€1,548€0-€269€5,488▲ 20×
Other amounts payable47/48---€2,030€2,896€3,141€697€14,732▲ 21×
Accrued charges and deferred income492/3-----€20,040€10,000€10,000=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€6,621€11,988€17,632€18,974-€39,264€7,098€3,983-€22,972-
+ Depreciation and write-downs630€19,731€19,731€19,831€21,327€19,800€4,956€8,581€7,735▼ 9.9%
Operating cash flow (approximation)€26,352€31,719€37,462€40,301-€19,463€12,054€12,564-€15,236-
Investment in fixed assets (approximation)-€0-€499-€15,481€55,217-€14,088-€20,956-€3,946▲ 81.2%
Change in cash--€23,697€75,056€39,274-€64,001-€19,913-€54,409€52,353-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 23 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 07-07-2026 2026-00269648 NBB
31-12-2024 abbreviated format 31-07-2025 2025-00349832 PDF
31-12-2023 abbreviated format 31-07-2024 2024-00329308 PDF
31-12-2022 micro format 02-08-2023 2023-00314614 PDF
31-12-2021 micro format 09-06-2022 2022-20057161 PDF
31-12-2020 abbreviated format 17-06-2021 2021-21600377 PDF
31-12-2019 abbreviated format 26-06-2020 2020-21800410 PDF
31-12-2018 abbreviated format 14-06-2019 2019-18800022 PDF
31-12-2017 abbreviated format 19-06-2018 2018-19900073 PDF
31-12-2016 abbreviated format 06-09-2017 2017-60200426 PDF

Show all 23 filings

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