ARCHITECT HENDRIK PHILIPS: 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 HENDRIK PHILIPS
Largest movements
- Cash +€61,942
up €61,942 (+732%), from €8,466 to €70,408
mainly Net result for the year (+€22,520) and Receivables within one year (+€22,472)
- Receivables within one year -€22,472
down €22,472 (-89.9%), from €25,000 to €2,528
- Receivables after one year -€18,100
down €18,100 (-100%), from €18,100 to €0
- Deferred charges and accrued income +€1,153
new in 2026: €1,153
- Tangible fixed assets +€913
new in 2026: €913
- Reserves +€22,520
up €22,520 (+71.0%), from €31,704 to €54,224
- Other debts +€3,463
up €3,463 (+4,072%), from €85 to €3,548
- Tax, wage and social debts -€1,745
down €1,745 (-9.7%), from €17,975 to €16,229
- Trade debts -€803
down €803 (-100%), from €803 to €0
- Gross operating margin -€9,367
down €9,367 (-19.8%), from €47,345 to €37,978
- Taxes -€1,887
down €1,887 (-12.6%), from €14,958 to €13,071
- Financial charges +€665
up €665 (+603%), from €110 to €776
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,566 | €75,002 | +€23,436 | +45.4% |
| Fixed assets | 21/28 | - | €913 | +€913 | |
| Tangible fixed assets | 22/27 | - | €913 | +€913 | |
| Furniture and vehicles | 24 | - | €913 | +€913 | |
| Current assets | 29/58 | €51,566 | €74,089 | +€22,523 | +43.7% |
| Amounts receivable after more than one year | 29 | €18,100 | €0 | -€18,100 | -100% |
| Other amounts receivable | 291 | €18,100 | €0 | -€18,100 | -100% |
| Amounts receivable within one year | 40/41 | €25,000 | €2,528 | -€22,472 | -89.9% |
| Trade receivables | 40 | €25,000 | €2,528 | -€22,472 | -89.9% |
| Cash at bank and in hand | 54/58 | €8,466 | €70,408 | +€61,942 | +732% |
| Deferred charges and accrued income | 490/1 | - | €1,153 | +€1,153 | |
| Total equity and liabilities | 10/49 | €51,566 | €75,002 | +€23,436 | +45.4% |
| Equity | 10/15 | €32,704 | €55,224 | +€22,520 | +68.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €31,704 | €54,224 | +€22,520 | +71.0% |
| Distributable reserves | 133 | €31,704 | €54,224 | +€22,520 | +71.0% |
| Amounts payable | 17/49 | €18,863 | €19,778 | +€915 | +4.9% |
| Amounts payable within one year | 42/48 | €18,863 | €19,778 | +€915 | +4.9% |
| Trade debts | 44 | €803 | €0 | -€803 | -100% |
| Suppliers | 440/4 | €803 | €0 | -€803 | -100% |
| Taxes, remuneration and social security | 45 | €17,975 | €16,229 | -€1,745 | -9.7% |
| Taxes | 450/3 | €17,975 | €16,229 | -€1,745 | -9.7% |
| Other amounts payable | 47/48 | €85 | €3,548 | +€3,463 | +4,072% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €374 | +€374 | |
| Other operating charges | 640/8 | €773 | €1,238 | +€465 | +60.1% |
| Gross operating margin | 9900 | €47,345 | €37,978 | -€9,367 | -19.8% |
| Operating profit (loss) | 9901 | €46,572 | €36,367 | -€10,205 | -21.9% |
| Financial income | 75/76B | €200 | €0 | -€200 | -100% |
| Recurring financial income | 75 | €200 | €0 | -€200 | -100% |
| Financial charges | 65/66B | €110 | €776 | +€665 | +603% |
| Recurring financial charges | 65 | €110 | €776 | +€665 | +603% |
| Profit (loss) for the period before taxes | 9903 | €46,662 | €35,591 | -€11,070 | -23.7% |
| Income taxes | 67/77 | €14,958 | €13,071 | -€1,887 | -12.6% |
| Profit (loss) for the period | 9904 | €31,704 | €22,520 | -€9,184 | -29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,704 | €22,520 | -€9,184 | -29.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.