ARCHITECT B. HACHEZ: 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.
ARCHITECT B. HACHEZ
Largest movements
- Tangible fixed assets +€83,258
up €83,258 (+458%), from €18,185 to €101,443
of which Furniture and vehicles: +€82,949
- Cash -€38,331
down €38,331 (-31.5%), from €121,663 to €83,332
- Deferred charges and accrued income +€4,203
up €4,203 (+176%), from €2,391 to €6,594
- Receivables within one year +€2,844
up €2,844 (+41.6%), from €6,836 to €9,680
of which Trade receivables: +€6,958
- Reserves +€52,493
up €52,493 (+30.8%), from €170,466 to €222,959
of which Distributable reserves: +€54,353
- Other debts -€10,729
down €10,729 (-99.4%), from €10,797 to €68
- Tax, wage and social debts +€9,818
up €9,818 (+193%), from €5,098 to €14,916
- Gross operating margin +€50,831
up €50,831 (+87.5%), from €58,115 to €108,946
- Depreciation +€15,338
up €15,338 (+103%), from €14,947 to €30,285
- Taxes +€9,046
up €9,046 (+56.4%), from €16,041 to €25,086
- Other operating charges +€1,858
up €1,858 (+184%), from €1,009 to €2,867
- Financial income +€1,486
up €1,486 (+289%), from €515 to €2,000
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,545 | €260,348 | +€52,803 | +25.4% |
| Fixed assets | 21/28 | €18,185 | €101,443 | +€83,258 | +458% |
| Tangible fixed assets | 22/27 | €18,185 | €101,443 | +€83,258 | +458% |
| Plant, machinery and equipment | 23 | - | €309 | +€309 | |
| Furniture and vehicles | 24 | €18,185 | €101,134 | +€82,949 | +456% |
| Current assets | 29/58 | €189,360 | €158,905 | -€30,455 | -16.1% |
| Amounts receivable within one year | 40/41 | €6,836 | €9,680 | +€2,844 | +41.6% |
| Trade receivables | 40 | €2,722 | €9,680 | +€6,958 | +256% |
| Other amounts receivable | 41 | €4,114 | - | -€4,114 | |
| Current investments | 50/53 | €58,470 | €59,298 | +€828 | +1.4% |
| Cash at bank and in hand | 54/58 | €121,663 | €83,332 | -€38,331 | -31.5% |
| Deferred charges and accrued income | 490/1 | €2,391 | €6,594 | +€4,203 | +176% |
| Total equity and liabilities | 10/49 | €207,545 | €260,348 | +€52,803 | +25.4% |
| Equity | 10/15 | €189,066 | €241,559 | +€52,493 | +27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €170,466 | €222,959 | +€52,493 | +30.8% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €168,606 | €222,959 | +€54,353 | +32.2% |
| Amounts payable | 17/49 | €18,478 | €18,788 | +€310 | +1.7% |
| Amounts payable within one year | 42/48 | €18,478 | €18,788 | +€310 | +1.7% |
| Trade debts | 44 | €2,583 | €3,804 | +€1,221 | +47.3% |
| Suppliers | 440/4 | €2,583 | €3,804 | +€1,221 | +47.3% |
| Taxes, remuneration and social security | 45 | €5,098 | €14,916 | +€9,818 | +193% |
| Taxes | 450/3 | €5,098 | €14,916 | +€9,818 | +193% |
| Other amounts payable | 47/48 | €10,797 | €68 | -€10,729 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,947 | €30,285 | +€15,338 | +103% |
| Other operating charges | 640/8 | €1,009 | €2,867 | +€1,858 | +184% |
| Gross operating margin | 9900 | €58,115 | €108,946 | +€50,831 | +87.5% |
| Operating profit (loss) | 9901 | €42,159 | €75,793 | +€33,635 | +79.8% |
| Financial income | 75/76B | €515 | €2,000 | +€1,486 | +289% |
| Recurring financial income | 75 | €515 | €2,000 | +€1,486 | +289% |
| Financial charges | 65/66B | €104 | €214 | +€110 | +105% |
| Recurring financial charges | 65 | €104 | €214 | +€110 | +105% |
| Profit (loss) for the period before taxes | 9903 | €42,569 | €77,579 | +€35,011 | +82.2% |
| Income taxes | 67/77 | €16,041 | €25,086 | +€9,046 | +56.4% |
| Profit (loss) for the period | 9904 | €26,528 | €52,493 | +€25,965 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,528 | €52,493 | +€25,965 | +97.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.