ADJOIN ARCHITECTURE: 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.
ADJOIN ARCHITECTURE
Largest movements
- Tangible fixed assets -€7,962
down €7,962 (-25.2%), from €31,622 to €23,659
- Cash +€2,857
up €2,857 (+5.4%), from €52,526 to €55,383
mainly Net result for the year (+€14,043) and Depreciation (+€9,578)
- Receivables within one year -€2,664
down €2,664 (-30.9%), from €8,621 to €5,958
- Other debts -€25,822
down €25,822 (-86.7%), from €29,792 to €3,970
- Profit (loss) carried forward +€14,043
up €14,043 (+1,788%), from €785 to €14,828
- Accrued charges and deferred income +€5,306
up €5,306 (+1,034%), from €513 to €5,819
- Trade debts -€3,384
down €3,384 (-82.6%), from €4,094 to €710
- Tax, wage and social debts +€2,060
up €2,060 (+22.3%), from €9,241 to €11,301
of which Taxes: +€1,047
- Gross operating margin -€31,209
down €31,209 (-49.1%), from €63,585 to €32,376
- Taxes -€9,802
down €9,802 (-56.4%), from €17,387 to €7,585
- Other operating charges -€5,018
no longer reported in 2025 (was €5,018)
- Depreciation +€1,082
up €1,082 (+12.7%), from €8,496 to €9,578
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 | €95,025 | €87,229 | -€7,796 | -8.2% |
| Fixed assets | 21/28 | €31,622 | €23,659 | -€7,962 | -25.2% |
| Tangible fixed assets | 22/27 | €31,622 | €23,659 | -€7,962 | -25.2% |
| Furniture and vehicles | 24 | €31,622 | €23,659 | -€7,962 | -25.2% |
| Current assets | 29/58 | €63,403 | €63,570 | +€166 | +0.3% |
| Amounts receivable within one year | 40/41 | €8,621 | €5,958 | -€2,664 | -30.9% |
| Trade receivables | 40 | €8,621 | €5,958 | -€2,664 | -30.9% |
| Cash at bank and in hand | 54/58 | €52,526 | €55,383 | +€2,857 | +5.4% |
| Deferred charges and accrued income | 490/1 | €2,256 | €2,229 | -€27 | -1.2% |
| Total equity and liabilities | 10/49 | €95,025 | €87,229 | -€7,796 | -8.2% |
| Equity | 10/15 | €51,385 | €65,428 | +€14,043 | +27.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €45,600 | €45,600 | = | 0.0% |
| Distributable reserves | 133 | €45,600 | €45,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €785 | €14,828 | +€14,043 | +1,788% |
| Amounts payable | 17/49 | €43,640 | €21,800 | -€21,839 | -50.0% |
| Amounts payable within one year | 42/48 | €43,126 | €15,981 | -€27,145 | -62.9% |
| Trade debts | 44 | €4,094 | €710 | -€3,384 | -82.6% |
| Suppliers | 440/4 | €4,094 | €710 | -€3,384 | -82.6% |
| Taxes, remuneration and social security | 45 | €9,241 | €11,301 | +€2,060 | +22.3% |
| Taxes | 450/3 | €9,241 | €10,288 | +€1,047 | +11.3% |
| Remuneration and social security | 454/9 | - | €1,013 | +€1,013 | |
| Other amounts payable | 47/48 | €29,792 | €3,970 | -€25,822 | -86.7% |
| Accrued charges and deferred income | 492/3 | €513 | €5,819 | +€5,306 | +1,034% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,496 | €9,578 | +€1,082 | +12.7% |
| Other operating charges | 640/8 | €5,018 | - | -€5,018 | |
| Gross operating margin | 9900 | €63,585 | €32,376 | -€31,209 | -49.1% |
| Operating profit (loss) | 9901 | €50,071 | €22,798 | -€27,273 | -54.5% |
| Financial income | 75/76B | €0 | €5 | +€4 | +1,060% |
| Recurring financial income | 75 | €0 | €5 | +€4 | +1,060% |
| Financial charges | 65/66B | €1,372 | €1,175 | -€197 | -14.4% |
| Recurring financial charges | 65 | €1,372 | €1,175 | -€197 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €48,700 | €21,629 | -€27,071 | -55.6% |
| Income taxes | 67/77 | €17,387 | €7,585 | -€9,802 | -56.4% |
| Profit (loss) for the period | 9904 | €31,312 | €14,043 | -€17,269 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,312 | €14,043 | -€17,269 | -55.2% |
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.