ARCHITECT DECLERCQ FILIP: 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 DECLERCQ FILIP
Largest movements
- Receivables after one year +€191,881
up €191,881 (+13.0%), from €1.5m to €1.7m
of which Other amounts receivable: +€1.7m
- Financial fixed assets -€102,000
down €102,000 (-96.4%), from €105,800 to €3,800
- Cash +€68,774
up €68,774 (+464%), from €14,810 to €83,583
mainly Debts after one year (+€149,491) and Investment in fixed assets (net) (+€102,000)
- Debts after one year +€149,491
up €149,491 (+45.1%), from €331,371 to €480,862
- Accrued charges and deferred income +€24,449
up €24,449 (+105%), from €23,322 to €47,771
- Financial charges +€50,755
up €50,755 (+270%), from €18,779 to €69,533
- Financial income +€14,785
up €14,785 (+24.0%), from €61,562 to €76,348
- Gross operating margin -€7,217
down €7,217 (-14,684%), from -€49 to -€7,266
- Taxes -€1,911
down €1,911 (-13.4%), from €14,246 to €12,335
- Depreciation -€199
down €199 (-10.1%), from €1,974 to €1,775
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 | €1,676,773 | €1,850,476 | +€173,703 | +10.4% |
| Fixed assets | 21/28 | €114,349 | €10,574 | -€103,775 | -90.8% |
| Tangible fixed assets | 22/27 | €8,549 | €6,774 | -€1,775 | -20.8% |
| Furniture and vehicles | 24 | €2,147 | €1,315 | -€832 | -38.8% |
| Other tangible fixed assets | 26 | €6,403 | €5,459 | -€943 | -14.7% |
| Financial fixed assets | 28 | €105,800 | €3,800 | -€102,000 | -96.4% |
| Current assets | 29/58 | €1,562,424 | €1,839,902 | +€277,479 | +17.8% |
| Amounts receivable after more than one year | 29 | €1,480,560 | €1,672,441 | +€191,881 | +13.0% |
| Trade receivables | 290 | €1,480,560 | - | -€1.5m | |
| Other amounts receivable | 291 | - | €1,672,441 | +€1.7m | |
| Amounts receivable within one year | 40/41 | €37,147 | €38,142 | +€995 | +2.7% |
| Trade receivables | 40 | €18,986 | €8,142 | -€10,844 | -57.1% |
| Other amounts receivable | 41 | €18,160 | €30,000 | +€11,840 | +65.2% |
| Cash at bank and in hand | 54/58 | €14,810 | €83,583 | +€68,774 | +464% |
| Deferred charges and accrued income | 490/1 | €29,907 | €45,736 | +€15,828 | +52.9% |
| Total equity and liabilities | 10/49 | €1,676,773 | €1,850,476 | +€173,703 | +10.4% |
| Equity | 10/15 | €1,256,894 | €1,240,071 | -€16,824 | -1.3% |
| Contributions | 10/11 | €12,447 | €12,447 | = | 0.0% |
| Reserves | 13 | €1,244,447 | €1,227,623 | -€16,824 | -1.4% |
| Distributable reserves | 133 | €1,244,447 | €1,227,623 | -€16,824 | -1.4% |
| Amounts payable | 17/49 | €419,878 | €610,406 | +€190,527 | +45.4% |
| Amounts payable after more than one year | 17 | €331,371 | €480,862 | +€149,491 | +45.1% |
| Financial debts | 170/4 | €331,371 | €480,862 | +€149,491 | +45.1% |
| Amounts payable within one year | 42/48 | €65,185 | €81,773 | +€16,587 | +25.4% |
| Trade debts | 44 | €2,635 | €7,902 | +€5,267 | +200% |
| Suppliers | 440/4 | €2,635 | €7,902 | +€5,267 | +200% |
| Taxes, remuneration and social security | 45 | €18,132 | €26,992 | +€8,860 | +48.9% |
| Taxes | 450/3 | €18,132 | €26,992 | +€8,860 | +48.9% |
| Other amounts payable | 47/48 | €44,419 | €46,880 | +€2,461 | +5.5% |
| Accrued charges and deferred income | 492/3 | €23,322 | €47,771 | +€24,449 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,974 | €1,775 | -€199 | -10.1% |
| Other operating charges | 640/8 | €2,340 | €2,261 | -€78 | -3.3% |
| Gross operating margin | 9900 | -€49 | -€7,266 | -€7,217 | -14,684% |
| Operating profit (loss) | 9901 | -€4,362 | -€11,303 | -€6,940 | -159% |
| Financial income | 75/76B | €61,562 | €76,348 | +€14,785 | +24.0% |
| Recurring financial income | 75 | €61,562 | €76,348 | +€14,785 | +24.0% |
| Financial charges | 65/66B | €18,779 | €69,533 | +€50,755 | +270% |
| Recurring financial charges | 65 | €18,779 | €69,533 | +€50,755 | +270% |
| Profit (loss) for the period before taxes | 9903 | €38,421 | -€4,489 | -€42,910 | |
| Income taxes | 67/77 | €14,246 | €12,335 | -€1,911 | -13.4% |
| Profit (loss) for the period | 9904 | €24,175 | -€16,824 | -€40,999 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,175 | -€16,824 | -€40,999 |
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 19 October 2026 via checked.be.