ARCHITECT WILLAERT: 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 WILLAERT
Largest movements
- Receivables within one year -€7,014
down €7,014 (-12.2%), from €57,699 to €50,685
of which Other amounts receivable: -€8,696
- Cash +€3,829
up €3,829 (+3,491%), from €110 to €3,939
mainly Receivables within one year (+€7,014) and Depreciation (+€732)
- Deferred charges and accrued income +€1,544
new in 2025: €1,544
- Tangible fixed assets -€732
down €732 (-60.7%), from €1,207 to €475
of which Furniture and vehicles: -€636
- Reserves +€39,858
up €39,858 (+23,129%), from €172 to €40,031
- Profit (loss) carried forward -€39,300
down €39,300 (-100%), from €39,300 to €0
- Trade debts -€2,014
down €2,014 (-57.4%), from €3,508 to €1,494
- Tax, wage and social debts -€918
down €918 (-25.2%), from €3,636 to €2,718
- Gross operating margin +€4,997
up €4,997, from -€4,912 to €86
- Taxes +€2,782
up €2,782, from -€2,622 to €161
- Depreciation -€661
down €661 (-47.4%), from €1,393 to €732
- Financial income -€340
down €340 (-10.9%), from €3,113 to €2,772
- Financial charges +€191
up €191 (+112%), from €171 to €361
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 | €59,016 | €56,643 | -€2,373 | -4.0% |
| Fixed assets | 21/28 | €1,207 | €475 | -€732 | -60.7% |
| Tangible fixed assets | 22/27 | €1,207 | €475 | -€732 | -60.7% |
| Plant, machinery and equipment | 23 | €96 | €0 | -€96 | -100% |
| Furniture and vehicles | 24 | €1,111 | €475 | -€636 | -57.3% |
| Current assets | 29/58 | €57,809 | €56,168 | -€1,641 | -2.8% |
| Amounts receivable within one year | 40/41 | €57,699 | €50,685 | -€7,014 | -12.2% |
| Trade receivables | 40 | €4,436 | €6,118 | +€1,682 | +37.9% |
| Other amounts receivable | 41 | €53,264 | €44,568 | -€8,696 | -16.3% |
| Cash at bank and in hand | 54/58 | €110 | €3,939 | +€3,829 | +3,491% |
| Deferred charges and accrued income | 490/1 | - | €1,544 | +€1,544 | |
| Total equity and liabilities | 10/49 | €59,016 | €56,643 | -€2,373 | -4.0% |
| Equity | 10/15 | €51,872 | €52,431 | +€559 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €172 | €40,031 | +€39,858 | +23,129% |
| Distributable reserves | 133 | €172 | €40,031 | +€39,858 | +23,129% |
| Profit (loss) carried forward | 14 | €39,300 | €0 | -€39,300 | -100% |
| Amounts payable | 17/49 | €7,144 | €4,212 | -€2,932 | -41.0% |
| Amounts payable within one year | 42/48 | €7,144 | €4,212 | -€2,932 | -41.0% |
| Trade debts | 44 | €3,508 | €1,494 | -€2,014 | -57.4% |
| Suppliers | 440/4 | €3,508 | €1,494 | -€2,014 | -57.4% |
| Taxes, remuneration and social security | 45 | €3,636 | €2,718 | -€918 | -25.2% |
| Taxes | 450/3 | €3,636 | €2,718 | -€918 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,393 | €732 | -€661 | -47.4% |
| Other operating charges | 640/8 | €1,031 | €1,045 | +€14 | +1.4% |
| Gross operating margin | 9900 | -€4,912 | €86 | +€4,997 | |
| Operating profit (loss) | 9901 | -€7,336 | -€1,692 | +€5,644 | +76.9% |
| Financial income | 75/76B | €3,113 | €2,772 | -€340 | -10.9% |
| Recurring financial income | 75 | €3,113 | €2,772 | -€340 | -10.9% |
| Financial charges | 65/66B | €171 | €361 | +€191 | +112% |
| Recurring financial charges | 65 | €171 | €361 | +€191 | +112% |
| Profit (loss) for the period before taxes | 9903 | -€4,394 | €719 | +€5,113 | |
| Income taxes | 67/77 | -€2,622 | €161 | +€2,782 | |
| Profit (loss) for the period | 9904 | -€1,772 | €559 | +€2,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,772 | €559 | +€2,331 |
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.