ARCH.PIETERVERHEYDEN: 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.
ARCH.PIETERVERHEYDEN
Largest movements
- Cash +€28,142
up €28,142 (+79.4%), from €35,453 to €63,595
mainly Net result for the year (+€17,723) and Tax, wage and social debts (+€10,084)
- Receivables within one year +€1,735
up €1,735 (+47.0%), from €3,692 to €5,427
of which Trade receivables: +€4,946
- Reserves +€51,500
new in 2025: €51,500
- Profit (loss) carried forward -€33,777
down €33,777 (-96.8%), from €34,888 to €1,111
- Tax, wage and social debts +€10,084
up €10,084 (+694%), from €1,452 to €11,537
- Other debts +€1,132
up €1,132 (+44.1%), from €2,566 to €3,698
- Gross operating margin +€29,156
up €29,156, from -€1,405 to €27,751
- Taxes +€8,812
up €8,812 (+5,661%), from €156 to €8,968
- Other operating charges +€399
up €399 (+317%), from €126 to €525
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 | €41,624 | €71,240 | +€29,616 | +71.2% |
| Fixed assets | 21/28 | €1,802 | €1,361 | -€441 | -24.4% |
| Tangible fixed assets | 22/27 | €1,802 | €1,361 | -€441 | -24.4% |
| Land and buildings | 22 | €1,292 | €1,113 | -€179 | -13.9% |
| Plant, machinery and equipment | 23 | €510 | €248 | -€262 | -51.3% |
| Current assets | 29/58 | €39,822 | €69,879 | +€30,057 | +75.5% |
| Amounts receivable within one year | 40/41 | €3,692 | €5,427 | +€1,735 | +47.0% |
| Trade receivables | 40 | - | €4,946 | +€4,946 | |
| Other amounts receivable | 41 | €3,692 | €481 | -€3,211 | -87.0% |
| Cash at bank and in hand | 54/58 | €35,453 | €63,595 | +€28,142 | +79.4% |
| Deferred charges and accrued income | 490/1 | €677 | €857 | +€180 | +26.6% |
| Total equity and liabilities | 10/49 | €41,624 | €71,240 | +€29,616 | +71.2% |
| Equity | 10/15 | €37,388 | €55,111 | +€17,723 | +47.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €51,500 | +€51,500 | |
| Distributable reserves | 133 | - | €51,500 | +€51,500 | |
| Profit (loss) carried forward | 14 | €34,888 | €1,111 | -€33,777 | -96.8% |
| Amounts payable | 17/49 | €4,236 | €16,129 | +€11,893 | +281% |
| Amounts payable within one year | 42/48 | €4,236 | €16,129 | +€11,893 | +281% |
| Trade debts | 44 | €218 | €789 | +€571 | +262% |
| Suppliers | 440/4 | €218 | €789 | +€571 | +262% |
| Advances received on contracts in progress | 46 | - | €106 | +€106 | |
| Taxes, remuneration and social security | 45 | €1,452 | €11,537 | +€10,084 | +694% |
| Taxes | 450/3 | €1,452 | €11,537 | +€10,084 | +694% |
| Other amounts payable | 47/48 | €2,566 | €3,698 | +€1,132 | +44.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €441 | -€36 | -7.5% |
| Other operating charges | 640/8 | €126 | €525 | +€399 | +317% |
| Gross operating margin | 9900 | -€1,405 | €27,751 | +€29,156 | |
| Operating profit (loss) | 9901 | -€2,007 | €26,785 | +€28,792 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €50 | €95 | +€45 | +89.5% |
| Recurring financial charges | 65 | €50 | €95 | +€45 | +89.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,057 | €26,691 | +€28,747 | |
| Income taxes | 67/77 | €156 | €8,968 | +€8,812 | +5,661% |
| Profit (loss) for the period | 9904 | -€2,212 | €17,723 | +€19,935 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,212 | €17,723 | +€19,935 |
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 29 October 2026 via checked.be.