Architect Bart Van Gas: 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 Bart Van Gas
Largest movements
- Cash +€37,497
up €37,497 (+302%), from €12,413 to €49,910
mainly Net result for the year (+€26,534) and Receivables within one year (+€16,877)
- Receivables within one year -€16,877
down €16,877 (-100%), from €16,877 to €0
of which Trade receivables: -€8,707
- Deferred charges and accrued income -€2,291
down €2,291 (-32.6%), from €7,032 to €4,741
- Tangible fixed assets -€2,235
down €2,235 (-14.5%), from €15,448 to €13,213
of which Plant, machinery and equipment: -€1,592
- Reserves +€26,534
up €26,534 (+95.7%), from €27,718 to €54,252
- Other debts -€11,328
down €11,328 (-75.8%), from €14,943 to €3,615
- Tax, wage and social debts +€3,972
up €3,972 (+965%), from €412 to €4,384
of which Taxes: +€3,972
- Short-term financial debts -€2,333
down €2,333 (-100%), from €2,333 to €0
- Current portion of long-term debt -€1,091
down €1,091 (-31.9%), from €3,424 to €2,333
- Gross operating margin +€16,806
up €16,806 (+63.7%), from €26,375 to €43,181
- Taxes +€6,224
up €6,224 (+133%), from €4,689 to €10,913
- Financial charges -€803
down €803 (-34.0%), from €2,361 to €1,559
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 | €51,771 | €67,865 | +€16,094 | +31.1% |
| Fixed assets | 21/28 | €15,448 | €13,213 | -€2,235 | -14.5% |
| Tangible fixed assets | 22/27 | €15,448 | €13,213 | -€2,235 | -14.5% |
| Plant, machinery and equipment | 23 | €4,923 | €3,332 | -€1,592 | -32.3% |
| Furniture and vehicles | 24 | €8,225 | €7,582 | -€644 | -7.8% |
| Other tangible fixed assets | 26 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €36,322 | €54,652 | +€18,329 | +50.5% |
| Amounts receivable within one year | 40/41 | €16,877 | €0 | -€16,877 | -100% |
| Trade receivables | 40 | €8,707 | €0 | -€8,707 | -100% |
| Other amounts receivable | 41 | €8,170 | €0 | -€8,170 | -100% |
| Cash at bank and in hand | 54/58 | €12,413 | €49,910 | +€37,497 | +302% |
| Deferred charges and accrued income | 490/1 | €7,032 | €4,741 | -€2,291 | -32.6% |
| Total equity and liabilities | 10/49 | €51,771 | €67,865 | +€16,094 | +31.1% |
| Equity | 10/15 | €30,218 | €56,752 | +€26,534 | +87.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €27,718 | €54,252 | +€26,534 | +95.7% |
| Distributable reserves | 133 | €27,718 | €54,252 | +€26,534 | +95.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,553 | €11,113 | -€10,440 | -48.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,529 | €11,113 | -€10,416 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €3,424 | €2,333 | -€1,091 | -31.9% |
| Financial debts | 43 | €2,333 | €0 | -€2,333 | -100% |
| Credit institutions | 430/8 | €2,333 | €0 | -€2,333 | -100% |
| Trade debts | 44 | €416 | €781 | +€365 | +87.7% |
| Suppliers | 440/4 | €416 | €781 | +€365 | +87.7% |
| Taxes, remuneration and social security | 45 | €412 | €4,384 | +€3,972 | +965% |
| Taxes | 450/3 | €412 | €4,384 | +€3,972 | +965% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €14,943 | €3,615 | -€11,328 | -75.8% |
| Accrued charges and deferred income | 492/3 | €24 | €0 | -€24 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,890 | €3,558 | -€332 | -8.5% |
| Other operating charges | 640/8 | €859 | €617 | -€242 | -28.2% |
| Gross operating margin | 9900 | €26,375 | €43,181 | +€16,806 | +63.7% |
| Operating profit (loss) | 9901 | €21,626 | €39,005 | +€17,380 | +80.4% |
| Financial income | 75/76B | €368 | €0 | -€368 | -100% |
| Recurring financial income | 75 | €368 | €0 | -€368 | -100% |
| Financial charges | 65/66B | €2,361 | €1,559 | -€803 | -34.0% |
| Recurring financial charges | 65 | €2,361 | €1,559 | -€803 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €19,632 | €37,447 | +€17,815 | +90.7% |
| Income taxes | 67/77 | €4,689 | €10,913 | +€6,224 | +133% |
| Profit (loss) for the period | 9904 | €14,943 | €26,534 | +€11,591 | +77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,943 | €26,534 | +€11,591 | +77.6% |
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.