ARCHITECT VAN ITTERBEECK: 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 VAN ITTERBEECK
Largest movements
- Cash -€29,435
down €29,435 (-49.7%), from €59,169 to €29,734
mainly Contributions, distributions and other (-€70,000) and Investment in fixed assets (net) (-€6,580)
- Receivables within one year -€19,711
down €19,711 (-54.9%), from €35,934 to €16,223
of which Trade receivables: -€20,340
- Deferred charges and accrued income -€12,484
down €12,484 (-90.1%), from €13,857 to €1,373
- Receivables after one year -€11,000
down €11,000 (-58.3%), from €18,859 to €7,859
- Tangible fixed assets -€2,016
down €2,016 (-11.6%), from €17,407 to €15,390
of which Furniture and vehicles: -€1,029
- Reserves -€70,585
down €70,585 (-60.9%), from €115,968 to €45,383
- Debts after one year -€5,021
no longer reported in 2025 (was €5,021)
- Trade debts +€1,956
up €1,956 (+1,350%), from €145 to €2,101
- Current portion of long-term debt -€1,610
down €1,610 (-24.3%), from €6,631 to €5,021
- Gross operating margin -€6,917
down €6,917 (-45.0%), from €15,385 to €8,468
- Taxes -€1,599
down €1,599 (-91.2%), from €1,753 to €154
- Depreciation +€747
up €747 (+9.5%), from €7,850 to €8,597
- Financial income -€586
down €586 (-51.3%), from €1,142 to €557
- Other operating charges -€329
down €329 (-34.6%), from €951 to €622
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 | €145,225 | €70,578 | -€74,646 | -51.4% |
| Fixed assets | 21/28 | €17,407 | €15,390 | -€2,016 | -11.6% |
| Tangible fixed assets | 22/27 | €17,407 | €15,390 | -€2,016 | -11.6% |
| Land and buildings | 22 | €5,966 | €4,978 | -€987 | -16.5% |
| Furniture and vehicles | 24 | €11,441 | €10,412 | -€1,029 | -9.0% |
| Current assets | 29/58 | €127,818 | €55,188 | -€72,630 | -56.8% |
| Amounts receivable after more than one year | 29 | €18,859 | €7,859 | -€11,000 | -58.3% |
| Trade receivables | 290 | €18,859 | €7,859 | -€11,000 | -58.3% |
| Amounts receivable within one year | 40/41 | €35,934 | €16,223 | -€19,711 | -54.9% |
| Trade receivables | 40 | €29,063 | €8,723 | -€20,340 | -70.0% |
| Other amounts receivable | 41 | €6,871 | €7,500 | +€629 | +9.2% |
| Cash at bank and in hand | 54/58 | €59,169 | €29,734 | -€29,435 | -49.7% |
| Deferred charges and accrued income | 490/1 | €13,857 | €1,373 | -€12,484 | -90.1% |
| Total equity and liabilities | 10/49 | €145,225 | €70,578 | -€74,646 | -51.4% |
| Equity | 10/15 | €125,968 | €55,383 | -€70,585 | -56.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €115,968 | €45,383 | -€70,585 | -60.9% |
| Distributable reserves | 133 | €115,968 | €45,383 | -€70,585 | -60.9% |
| Amounts payable | 17/49 | €19,256 | €15,195 | -€4,061 | -21.1% |
| Amounts payable after more than one year | 17 | €5,021 | - | -€5,021 | |
| Financial debts | 170/4 | €5,021 | - | -€5,021 | |
| Amounts payable within one year | 42/48 | €14,235 | €15,195 | +€960 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €6,631 | €5,021 | -€1,610 | -24.3% |
| Trade debts | 44 | €145 | €2,101 | +€1,956 | +1,350% |
| Suppliers | 440/4 | €145 | €2,101 | +€1,956 | +1,350% |
| Taxes, remuneration and social security | 45 | €7,460 | €7,989 | +€530 | +7.1% |
| Taxes | 450/3 | €7,460 | €7,989 | +€530 | +7.1% |
| Other amounts payable | 47/48 | - | €84 | +€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,850 | €8,597 | +€747 | +9.5% |
| Other operating charges | 640/8 | €951 | €622 | -€329 | -34.6% |
| Gross operating margin | 9900 | €15,385 | €8,468 | -€6,917 | -45.0% |
| Operating profit (loss) | 9901 | €6,584 | -€750 | -€7,334 | |
| Financial income | 75/76B | €1,142 | €557 | -€586 | -51.3% |
| Recurring financial income | 75 | €1,142 | €557 | -€586 | -51.3% |
| Financial charges | 65/66B | €314 | €238 | -€76 | -24.3% |
| Recurring financial charges | 65 | €314 | €238 | -€76 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €7,412 | -€432 | -€7,843 | |
| Income taxes | 67/77 | €1,753 | €154 | -€1,599 | -91.2% |
| Profit (loss) for the period | 9904 | €5,659 | -€585 | -€6,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,659 | -€585 | -€6,244 |
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 23 October 2026 via checked.be.