Architect Moermans: 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 Moermans
Largest movements
- Receivables within one year -€24,010
down €24,010 (-53.4%), from €44,969 to €20,959
of which Trade receivables: -€24,010
- Cash +€21,365
up €21,365 (+9.5%), from €225,015 to €246,380
mainly Receivables within one year (+€24,010) and Net result for the year (+€15,123)
- Reserves +€15,129
up €15,129 (+3.5%), from €437,716 to €452,845
- Accrued charges and deferred income -€7,956
down €7,956 (-84.5%), from €9,415 to €1,459
- Trade debts -€5,025
down €5,025 (-100.0%), from €5,025 to €0
- Gross operating margin -€23,307
down €23,307 (-44.4%), from €52,441 to €29,134
- Depreciation -€1,314
down €1,314 (-24.2%), from €5,432 to €4,118
- Taxes -€737
down €737 (-9.3%), from €7,883 to €7,146
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €495,141 | €500,374 | +€5,233 | +1.1% |
| Fixed assets | 21/28 | €6,478 | €10,002 | +€3,524 | +54.4% |
| Tangible fixed assets | 22/27 | €6,228 | €9,752 | +€3,524 | +56.6% |
| Plant, machinery and equipment | 23 | €2,196 | €1,562 | -€635 | -28.9% |
| Furniture and vehicles | 24 | €2,902 | €8,191 | +€5,289 | +182.2% |
| Other tangible fixed assets | 26 | €1,130 | €0 | -€1,130 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €488,663 | €490,372 | +€1,709 | +0.3% |
| Amounts receivable within one year | 40/41 | €44,969 | €20,959 | -€24,010 | -53.4% |
| Trade receivables | 40 | €41,328 | €17,318 | -€24,010 | -58.1% |
| Other amounts receivable | 41 | €3,642 | €3,642 | = | 0.0% |
| Current investments | 50/53 | €218,679 | €222,713 | +€4,034 | +1.8% |
| Cash at bank and in hand | 54/58 | €225,015 | €246,380 | +€21,365 | +9.5% |
| Deferred charges and accrued income | 490/1 | - | €320 | +€320 | |
| Total equity and liabilities | 10/49 | €495,141 | €500,374 | +€5,233 | +1.1% |
| Equity | 10/15 | €467,568 | €482,691 | +€15,123 | +3.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €437,716 | €452,845 | +€15,129 | +3.5% |
| Distributable reserves | 133 | €437,716 | €452,845 | +€15,129 | +3.5% |
| Profit (loss) carried forward | 14 | €26,852 | €26,846 | -€6 | 0.0% |
| Amounts payable | 17/49 | €27,573 | €17,683 | -€9,890 | -35.9% |
| Amounts payable within one year | 42/48 | €18,158 | €16,224 | -€1,934 | -10.7% |
| Trade debts | 44 | €5,025 | €0 | -€5,025 | -100.0% |
| Suppliers | 440/4 | €5,025 | €0 | -€5,025 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,892 | €16,224 | +€4,332 | +36.4% |
| Taxes | 450/3 | €11,892 | €12,707 | +€815 | +6.9% |
| Remuneration and social security | 454/9 | - | €3,517 | +€3,517 | |
| Other amounts payable | 47/48 | €1,241 | - | -€1,241 | |
| Accrued charges and deferred income | 492/3 | €9,415 | €1,459 | -€7,956 | -84.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,432 | €4,118 | -€1,314 | -24.2% |
| Other operating charges | 640/8 | €868 | €953 | +€84 | +9.7% |
| Non-recurring operating charges | 66A | €9,950 | - | -€9,950 | |
| Gross operating margin | 9900 | €52,441 | €29,134 | -€23,307 | -44.4% |
| Operating profit (loss) | 9901 | €36,191 | €24,063 | -€12,127 | -33.5% |
| Financial income | 75/76B | €100 | €20 | -€80 | -80.5% |
| Recurring financial income | 75 | €100 | €20 | -€80 | -80.5% |
| Financial charges | 65/66B | €1,556 | €1,814 | +€258 | +16.6% |
| Recurring financial charges | 65 | €1,556 | €1,814 | +€258 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €34,735 | €22,269 | -€12,465 | -35.9% |
| Income taxes | 67/77 | €7,883 | €7,146 | -€737 | -9.3% |
| Profit (loss) for the period | 9904 | €26,852 | €15,123 | -€11,729 | -43.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,852 | €15,123 | -€11,729 | -43.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.