Architect Bart Decoster: what changed
Two fiscal 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 Bart Decoster
Largest movements
- Cash +€17,823
up €17,823 (+14.2%), from €125,710 to €143,532
mainly Receivables within one year (+€10,371) and Depreciation (+€8,506)
- Receivables within one year -€10,371
down €10,371 (-67.3%), from €15,408 to €5,036
of which Other amounts receivable: -€6,417
- Tangible fixed assets -€8,506
down €8,506 (-24.6%), from €34,532 to €26,026
of which Furniture and vehicles: -€7,879
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€585
up €585 (+8.0%), from €7,275 to €7,860
- Other operating charges -€106
down €106 (-29.5%), from €361 to €254
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.
Cash bridge derived
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 | €180,034 | €180,138 | +€104 | +0.1% |
| Fixed assets | 21/28 | €34,532 | €26,026 | -€8,506 | -24.6% |
| Tangible fixed assets | 22/27 | €34,532 | €26,026 | -€8,506 | -24.6% |
| Furniture and vehicles | 24 | €24,651 | €16,772 | -€7,879 | -32.0% |
| Other tangible fixed assets | 26 | €9,881 | €9,254 | -€627 | -6.3% |
| Current assets | 29/58 | €145,502 | €154,112 | +€8,610 | +5.9% |
| Stocks and contracts in progress | 3 | - | €1,242 | +€1,242 | |
| Stocks | 30/36 | - | €1,242 | +€1,242 | |
| Amounts receivable within one year | 40/41 | €15,408 | €5,036 | -€10,371 | -67.3% |
| Trade receivables | 40 | €5,769 | €1,815 | -€3,954 | -68.5% |
| Other amounts receivable | 41 | €9,638 | €3,221 | -€6,417 | -66.6% |
| Cash at bank and in hand | 54/58 | €125,710 | €143,532 | +€17,823 | +14.2% |
| Deferred charges and accrued income | 490/1 | €4,385 | €4,301 | -€83 | -1.9% |
| Total equity and liabilities | 10/49 | €180,034 | €180,138 | +€104 | +0.1% |
| Equity | 10/15 | €179,837 | €178,826 | -€1,011 | -0.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €140,689 | €140,689 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,111 | €3,111 | = | 0.0% |
| Distributable reserves | 133 | €137,578 | €137,578 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,598 | €19,587 | -€1,011 | -4.9% |
| Amounts payable | 17/49 | €198 | €1,312 | +€1,114 | +563.9% |
| Amounts payable within one year | 42/48 | €198 | €1,312 | +€1,114 | +563.9% |
| Trade debts | 44 | €49 | €53 | +€3 | +6.9% |
| Suppliers | 440/4 | €49 | €53 | +€3 | +6.9% |
| Taxes, remuneration and social security | 45 | €148 | €1,259 | +€1,111 | +748.2% |
| Taxes | 450/3 | €148 | €1,259 | +€1,111 | +748.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,506 | €8,506 | = | 0.0% |
| Other operating charges | 640/8 | €361 | €254 | -€106 | -29.5% |
| Gross operating margin | 9900 | €7,275 | €7,860 | +€585 | +8.0% |
| Operating profit (loss) | 9901 | -€1,591 | -€900 | +€691 | +43.4% |
| Financial charges | 65/66B | €54 | €54 | = | 0.0% |
| Recurring financial charges | 65 | €54 | €54 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,645 | -€954 | +€691 | +42.0% |
| Income taxes | 67/77 | €34 | €56 | +€22 | +63.5% |
| Profit (loss) for the period | 9904 | -€1,680 | -€1,011 | +€669 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,680 | -€1,011 | +€669 | +39.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.