ARCHITECT RAF WOUTERS: 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 RAF WOUTERS
Largest movements
- Receivables within one year +€23,142
new in 2025: €23,142
- Cash +€15,399
up €15,399 (+8.5%), from €181,099 to €196,497
mainly Other debts (+€136,430) and Net result for the year (+€58,831)
- Tangible fixed assets -€12,868
down €12,868 (-32.3%), from €39,841 to €26,973
- Receivables after one year -€8,500
no longer reported in 2025 (was €8,500)
- Other debts +€136,430
up €136,430 (+302%), from €45,209 to €181,639
- Reserves -€122,792
down €122,792 (-68.1%), from €180,372 to €57,580
- Tax, wage and social debts +€3,056
up €3,056 (+56.1%), from €5,448 to €8,505
- Gross operating margin +€17,412
up €17,412 (+22.9%), from €76,039 to €93,451
- Taxes +€4,771
up €4,771 (+30.2%), from €15,819 to €20,590
- Depreciation -€1,172
down €1,172 (-8.3%), from €14,040 to €12,868
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 | €233,287 | €250,116 | +€16,829 | +7.2% |
| Fixed assets | 21/28 | €39,841 | €26,973 | -€12,868 | -32.3% |
| Tangible fixed assets | 22/27 | €39,841 | €26,973 | -€12,868 | -32.3% |
| Furniture and vehicles | 24 | €39,841 | €26,973 | -€12,868 | -32.3% |
| Current assets | 29/58 | €193,446 | €223,144 | +€29,697 | +15.4% |
| Amounts receivable after more than one year | 29 | €8,500 | - | -€8,500 | |
| Other amounts receivable | 291 | €8,500 | - | -€8,500 | |
| Amounts receivable within one year | 40/41 | - | €23,142 | +€23,142 | |
| Trade receivables | 40 | - | €23,142 | +€23,142 | |
| Cash at bank and in hand | 54/58 | €181,099 | €196,497 | +€15,399 | +8.5% |
| Deferred charges and accrued income | 490/1 | €3,848 | €3,504 | -€344 | -8.9% |
| Total equity and liabilities | 10/49 | €233,287 | €250,116 | +€16,829 | +7.2% |
| Equity | 10/15 | €182,372 | €59,580 | -€122,792 | -67.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €180,372 | €57,580 | -€122,792 | -68.1% |
| Distributable reserves | 133 | €180,372 | €57,580 | -€122,792 | -68.1% |
| Amounts payable | 17/49 | €50,915 | €190,536 | +€139,621 | +274% |
| Amounts payable within one year | 42/48 | €50,915 | €190,536 | +€139,621 | +274% |
| Trade debts | 44 | €257 | €392 | +€135 | +52.7% |
| Suppliers | 440/4 | €257 | €392 | +€135 | +52.7% |
| Taxes, remuneration and social security | 45 | €5,448 | €8,505 | +€3,056 | +56.1% |
| Taxes | 450/3 | €5,448 | €8,505 | +€3,056 | +56.1% |
| Other amounts payable | 47/48 | €45,209 | €181,639 | +€136,430 | +302% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,040 | €12,868 | -€1,172 | -8.3% |
| Other operating charges | 640/8 | €1,260 | €1,100 | -€159 | -12.6% |
| Gross operating margin | 9900 | €76,039 | €93,451 | +€17,412 | +22.9% |
| Operating profit (loss) | 9901 | €60,740 | €79,483 | +€18,743 | +30.9% |
| Financial income | 75/76B | €513 | - | -€513 | |
| Recurring financial income | 75 | €513 | - | -€513 | |
| Financial charges | 65/66B | €61 | €62 | +€1 | +1.9% |
| Recurring financial charges | 65 | €61 | €62 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €61,193 | €79,421 | +€18,228 | +29.8% |
| Income taxes | 67/77 | €15,819 | €20,590 | +€4,771 | +30.2% |
| Profit (loss) for the period | 9904 | €45,373 | €58,831 | +€13,458 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,373 | €58,831 | +€13,458 | +29.7% |
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 31 October 2026 via checked.be.