ARCHITECT TOM DEBAERE: what changed
ARCHITECT TOM DEBAERE
Largest movements
- Cash +€40,098
up €40,098 (+22.3%), from €180,069 to €220,167
mainly Receivables within one year (+€34,397) and Net result for the year (+€24,321)
- Receivables within one year -€34,397
down €34,397 (-51.7%), from €66,550 to €32,153
of which Trade receivables: -€34,485
- Tangible fixed assets -€14,558
down €14,558 (-19.2%), from €75,836 to €61,277
of which Land and buildings: -€14,000
- Debts after one year -€14,226
down €14,226 (-18.5%), from €77,070 to €62,844
- Other debts +€7,640
up €7,640 (+37.2%), from €20,545 to €28,186
- Reserves +€6,026
up €6,026 (+3.3%), from €181,120 to €187,146
- Trade debts -€5,911
down €5,911 (-91.7%), from €6,445 to €534
- Gross operating margin -€3,949
down €3,949 (-6.9%), from €57,225 to €53,276
- Depreciation -€1,252
down €1,252 (-7.9%), from €15,810 to €14,558
- Taxes -€673
down €673 (-6.2%), from €10,843 to €10,171
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €322,798 | €313,953 | -€8,845 | -2.7% |
| Fixed assets | 21/28 | €75,836 | €61,277 | -€14,558 | -19.2% |
| Tangible fixed assets | 22/27 | €75,836 | €61,277 | -€14,558 | -19.2% |
| Land and buildings | 22 | €74,808 | €60,808 | -€14,000 | -18.7% |
| Plant, machinery and equipment | 23 | €491 | €245 | -€245 | -50.0% |
| Furniture and vehicles | 24 | €536 | €224 | -€313 | -58.3% |
| Current assets | 29/58 | €246,962 | €252,675 | +€5,713 | +2.3% |
| Amounts receivable within one year | 40/41 | €66,550 | €32,153 | -€34,397 | -51.7% |
| Trade receivables | 40 | €66,550 | €32,065 | -€34,485 | -51.8% |
| Other amounts receivable | 41 | - | €88 | +€88 | |
| Cash at bank and in hand | 54/58 | €180,069 | €220,167 | +€40,098 | +22.3% |
| Deferred charges and accrued income | 490/1 | €343 | €356 | +€13 | +3.7% |
| Total equity and liabilities | 10/49 | €322,798 | €313,953 | -€8,845 | -2.7% |
| Equity | 10/15 | €199,720 | €205,746 | +€6,026 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,120 | €187,146 | +€6,026 | +3.3% |
| Distributable reserves | 133 | €181,120 | €187,146 | +€6,026 | +3.3% |
| Amounts payable | 17/49 | €123,078 | €108,207 | -€14,871 | -12.1% |
| Amounts payable after more than one year | 17 | €77,070 | €62,844 | -€14,226 | -18.5% |
| Financial debts | 170/4 | €77,070 | €62,844 | -€14,226 | -18.5% |
| Amounts payable within one year | 42/48 | €46,008 | €45,363 | -€645 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €13,676 | €14,226 | +€549 | +4.0% |
| Trade debts | 44 | €6,445 | €534 | -€5,911 | -91.7% |
| Suppliers | 440/4 | €6,445 | €534 | -€5,911 | -91.7% |
| Taxes, remuneration and social security | 45 | €5,342 | €2,417 | -€2,925 | -54.7% |
| Taxes | 450/3 | €5,342 | €2,417 | -€2,925 | -54.7% |
| Other amounts payable | 47/48 | €20,545 | €28,186 | +€7,640 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,810 | €14,558 | -€1,252 | -7.9% |
| Other operating charges | 640/8 | €1,560 | €1,614 | +€53 | +3.4% |
| Gross operating margin | 9900 | €57,225 | €53,276 | -€3,949 | -6.9% |
| Operating profit (loss) | 9901 | €39,855 | €37,104 | -€2,751 | -6.9% |
| Financial income | 75/76B | €532 | €861 | +€328 | +61.7% |
| Recurring financial income | 75 | €532 | €861 | +€328 | +61.7% |
| Financial charges | 65/66B | €3,941 | €3,473 | -€468 | -11.9% |
| Recurring financial charges | 65 | €3,941 | €3,473 | -€468 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €36,446 | €34,492 | -€1,954 | -5.4% |
| Income taxes | 67/77 | €10,843 | €10,171 | -€673 | -6.2% |
| Profit (loss) for the period | 9904 | €25,603 | €24,321 | -€1,281 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,603 | €24,321 | -€1,281 | -5.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.