Architect Christophe Dens: 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 Christophe Dens
Largest movements
- Cash +€35,063
up €35,063 (+36.3%), from €96,501 to €131,564
mainly Net result for the year (+€37,860) and Other debts (+€12,068)
- Current investments +€12,714
up €12,714 (+19.6%), from €64,729 to €77,444
- Reserves +€23,800
up €23,800 (+16.6%), from €143,460 to €167,260
of which Distributable reserves: +€23,800
- Other debts +€12,068
up €12,068 (+592%), from €2,038 to €14,106
- Tax, wage and social debts +€11,824
up €11,824 (+1,017%), from €1,162 to €12,987
- Gross operating margin +€45,620
up €45,620 (+1,578%), from €2,890 to €48,510
- Taxes +€8,453
up €8,453 (+524%), from €1,614 to €10,067
- Depreciation +€734
up €734 (+200%), from €366 to €1,100
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 | €169,009 | €216,771 | +€47,761 | +28.3% |
| Fixed assets | 21/28 | €3,564 | €5,591 | +€2,027 | +56.9% |
| Tangible fixed assets | 22/27 | €2,364 | €4,391 | +€2,027 | +85.7% |
| Plant, machinery and equipment | 23 | €470 | €130 | -€340 | -72.3% |
| Furniture and vehicles | 24 | €1,894 | €4,260 | +€2,367 | +125% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €165,445 | €211,180 | +€45,735 | +27.6% |
| Amounts receivable within one year | 40/41 | €2,147 | - | -€2,147 | |
| Other amounts receivable | 41 | €2,147 | - | -€2,147 | |
| Current investments | 50/53 | €64,729 | €77,444 | +€12,714 | +19.6% |
| Cash at bank and in hand | 54/58 | €96,501 | €131,564 | +€35,063 | +36.3% |
| Deferred charges and accrued income | 490/1 | €2,068 | €2,173 | +€105 | +5.1% |
| Total equity and liabilities | 10/49 | €169,009 | €216,771 | +€47,761 | +28.3% |
| Equity | 10/15 | €165,747 | €189,607 | +€23,860 | +14.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €143,460 | €167,260 | +€23,800 | +16.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €141,600 | €165,400 | +€23,800 | +16.8% |
| Profit (loss) carried forward | 14 | €9,887 | €9,947 | +€60 | +0.6% |
| Amounts payable | 17/49 | €3,262 | €27,163 | +€23,901 | +733% |
| Amounts payable within one year | 42/48 | €3,262 | €27,163 | +€23,901 | +733% |
| Trade debts | 44 | €62 | €70 | +€9 | +14.5% |
| Suppliers | 440/4 | €62 | €70 | +€9 | +14.5% |
| Taxes, remuneration and social security | 45 | €1,162 | €12,987 | +€11,824 | +1,017% |
| Taxes | 450/3 | €1,162 | €12,987 | +€11,824 | +1,017% |
| Other amounts payable | 47/48 | €2,038 | €14,106 | +€12,068 | +592% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | €1,100 | +€734 | +200% |
| Other operating charges | 640/8 | €568 | €747 | +€180 | +31.6% |
| Gross operating margin | 9900 | €2,890 | €48,510 | +€45,620 | +1,578% |
| Operating profit (loss) | 9901 | €1,956 | €46,663 | +€44,706 | +2,285% |
| Financial income | 75/76B | €1,507 | €1,701 | +€194 | +12.9% |
| Recurring financial income | 75 | €1,507 | €1,701 | +€194 | +12.9% |
| Financial charges | 65/66B | €176 | €436 | +€260 | +148% |
| Recurring financial charges | 65 | €176 | €436 | +€260 | +148% |
| Profit (loss) for the period before taxes | 9903 | €3,287 | €47,927 | +€44,640 | +1,358% |
| Income taxes | 67/77 | €1,614 | €10,067 | +€8,453 | +524% |
| Profit (loss) for the period | 9904 | €1,673 | €37,860 | +€36,188 | +2,164% |
| Profit (loss) for the period to be appropriated | 9905 | €1,673 | €37,860 | +€36,188 | +2,164% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.