46n2 Architecten: 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.
46n2 Architecten
Largest movements
- Receivables within one year +€19,856
up €19,856 (+96.1%), from €20,656 to €40,512
of which Trade receivables: +€19,429
- Tangible fixed assets -€17,757
down €17,757 (-2.7%), from €664,160 to €646,403
of which Land and buildings: -€23,141
- Formation expenses -€8,026
down €8,026 (-76.4%), from €10,512 to €2,486
- Debts after one year -€20,549
down €20,549 (-3.6%), from €567,047 to €546,498
- Other debts +€15,224
up €15,224 (+21.2%), from €71,900 to €87,125
- Profit (loss) carried forward +€12,196
up €12,196 (+10.7%), from -€113,575 to -€101,379
- Gross operating margin +€84,885
up €84,885 (+1,470%), from €5,773 to €90,658
- Financial charges +€5,815
up €5,815 (+28.6%), from €20,351 to €26,166
- Depreciation +€1,591
up €1,591 (+3.3%), from €47,526 to €49,117
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 | €708,899 | €712,270 | +€3,371 | +0.5% |
| Formation expenses | 20 | €10,512 | €2,486 | -€8,026 | -76.4% |
| Fixed assets | 21/28 | €664,160 | €646,403 | -€17,757 | -2.7% |
| Tangible fixed assets | 22/27 | €664,160 | €646,403 | -€17,757 | -2.7% |
| Land and buildings | 22 | €623,374 | €600,232 | -€23,141 | -3.7% |
| Plant, machinery and equipment | 23 | €7,613 | €6,074 | -€1,539 | -20.2% |
| Furniture and vehicles | 24 | €6,175 | €5,738 | -€437 | -7.1% |
| Other tangible fixed assets | 26 | €26,998 | €34,359 | +€7,361 | +27.3% |
| Current assets | 29/58 | €34,227 | €63,381 | +€29,154 | +85.2% |
| Amounts receivable within one year | 40/41 | €20,656 | €40,512 | +€19,856 | +96.1% |
| Trade receivables | 40 | €18,558 | €37,987 | +€19,429 | +105% |
| Other amounts receivable | 41 | €2,098 | €2,525 | +€427 | +20.3% |
| Cash at bank and in hand | 54/58 | €10,347 | €13,378 | +€3,031 | +29.3% |
| Deferred charges and accrued income | 490/1 | €3,225 | €9,491 | +€6,266 | +194% |
| Total equity and liabilities | 10/49 | €708,899 | €712,270 | +€3,371 | +0.5% |
| Equity | 10/15 | -€15,208 | -€3,012 | +€12,196 | +80.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,167 | €92,167 | = | 0.0% |
| Distributable reserves | 133 | €92,167 | €92,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,575 | -€101,379 | +€12,196 | +10.7% |
| Amounts payable | 17/49 | €724,107 | €715,282 | -€8,825 | -1.2% |
| Amounts payable after more than one year | 17 | €567,047 | €546,498 | -€20,549 | -3.6% |
| Financial debts | 170/4 | €567,047 | €546,498 | -€20,549 | -3.6% |
| Amounts payable within one year | 42/48 | €156,114 | €167,445 | +€11,331 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €19,740 | €20,549 | +€809 | +4.1% |
| Financial debts | 43 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Credit institutions | 430/8 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Trade debts | 44 | €30,718 | €26,034 | -€4,684 | -15.2% |
| Suppliers | 440/4 | €30,718 | €26,034 | -€4,684 | -15.2% |
| Taxes, remuneration and social security | 45 | €13,756 | €8,737 | -€5,019 | -36.5% |
| Taxes | 450/3 | €13,756 | €8,737 | -€5,019 | -36.5% |
| Other amounts payable | 47/48 | €71,900 | €87,125 | +€15,224 | +21.2% |
| Accrued charges and deferred income | 492/3 | €946 | €1,339 | +€393 | +41.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,526 | €49,117 | +€1,591 | +3.3% |
| Other operating charges | 640/8 | €2,503 | €3,258 | +€755 | +30.2% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Gross operating margin | 9900 | €5,773 | €90,658 | +€84,885 | +1,470% |
| Operating profit (loss) | 9901 | -€44,256 | €38,283 | +€82,539 | |
| Financial income | 75/76B | €0 | €241 | +€241 | |
| Recurring financial income | 75 | €0 | €241 | +€241 | |
| Financial charges | 65/66B | €20,351 | €26,166 | +€5,815 | +28.6% |
| Recurring financial charges | 65 | €20,351 | €26,166 | +€5,815 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€64,608 | €12,357 | +€76,965 | |
| Income taxes | 67/77 | €185 | €161 | -€23 | -12.7% |
| Profit (loss) for the period | 9904 | -€64,792 | €12,196 | +€76,988 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,792 | €12,196 | +€76,988 |
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 25 October 2026 via checked.be.