ARCHITECTURE RADIANCE35: 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.
ARCHITECTURE RADIANCE35
Largest movements
- Cash +€33,730
up €33,730 (+33.7%), from €100,218 to €133,947
mainly Net result for the year (+€66,397) and Depreciation (+€16,474)
- Current investments +€22,414
up €22,414 (+1,200%), from €1,868 to €24,282
- Financial fixed assets -€18,200
down €18,200 (-100%), from €18,200 to €0
- Tangible fixed assets -€12,584
down €12,584 (-10.2%), from €123,475 to €110,891
of which Land and buildings: -€12,247
- Receivables within one year -€7,221
down €7,221 (-10.7%), from €67,619 to €60,398
of which Other amounts receivable: -€12,777
- Reserves +€36,400
up €36,400 (+42.5%), from €85,600 to €122,000
- Tax, wage and social debts -€33,509
down €33,509 (-64.3%), from €52,120 to €18,611
of which Taxes: -€31,863
- Profit (loss) carried forward +€16,397
up €16,397 (+878%), from €1,868 to €18,265
- Debts after one year -€13,696
down €13,696 (-13.4%), from €102,433 to €88,737
- Trade debts +€12,973
up €12,973 (+62.6%), from €20,720 to €33,693
- Gross operating margin +€87,672
up €87,672 (+76.2%), from €115,109 to €202,781
- Financial charges +€38,561
up €38,561 (+573%), from €6,730 to €45,291
- Write-downs -€22,100
down €22,100 (-82.4%), from €26,820 to €4,720
- Taxes +€17,377
up €17,377 (+192%), from €9,038 to €26,415
- Staff costs -€5,107
down €5,107 (-13.6%), from €37,602 to €32,495
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 | €322,088 | €337,570 | +€15,482 | +4.8% |
| Fixed assets | 21/28 | €142,950 | €111,061 | -€31,889 | -22.3% |
| Intangible fixed assets | 21 | €1,275 | €170 | -€1,105 | -86.7% |
| Tangible fixed assets | 22/27 | €123,475 | €110,891 | -€12,584 | -10.2% |
| Land and buildings | 22 | €115,227 | €102,980 | -€12,247 | -10.6% |
| Plant, machinery and equipment | 23 | €3,308 | €2,481 | -€827 | -25.0% |
| Furniture and vehicles | 24 | €4,940 | €5,430 | +€490 | +9.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €18,200 | €0 | -€18,200 | -100% |
| Current assets | 29/58 | €179,139 | €226,510 | +€47,371 | +26.4% |
| Amounts receivable within one year | 40/41 | €67,619 | €60,398 | -€7,221 | -10.7% |
| Trade receivables | 40 | €52,959 | €58,516 | +€5,556 | +10.5% |
| Other amounts receivable | 41 | €14,660 | €1,882 | -€12,777 | -87.2% |
| Current investments | 50/53 | €1,868 | €24,282 | +€22,414 | +1,200% |
| Cash at bank and in hand | 54/58 | €100,218 | €133,947 | +€33,730 | +33.7% |
| Deferred charges and accrued income | 490/1 | €9,434 | €7,882 | -€1,552 | -16.4% |
| Total equity and liabilities | 10/49 | €322,088 | €337,570 | +€15,482 | +4.8% |
| Equity | 10/15 | €107,468 | €160,265 | +€52,797 | +49.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €85,600 | €122,000 | +€36,400 | +42.5% |
| Distributable reserves | 133 | €85,600 | €122,000 | +€36,400 | +42.5% |
| Profit (loss) carried forward | 14 | €1,868 | €18,265 | +€16,397 | +878% |
| Amounts payable | 17/49 | €214,620 | €177,305 | -€37,315 | -17.4% |
| Amounts payable after more than one year | 17 | €102,433 | €88,737 | -€13,696 | -13.4% |
| Financial debts | 170/4 | €102,433 | €88,737 | -€13,696 | -13.4% |
| Amounts payable within one year | 42/48 | €112,188 | €88,569 | -€23,619 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €13,286 | €13,696 | +€410 | +3.1% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €20,720 | €33,693 | +€12,973 | +62.6% |
| Suppliers | 440/4 | €20,720 | €33,693 | +€12,973 | +62.6% |
| Taxes, remuneration and social security | 45 | €52,120 | €18,611 | -€33,509 | -64.3% |
| Taxes | 450/3 | €47,292 | €15,429 | -€31,863 | -67.4% |
| Remuneration and social security | 454/9 | €4,828 | €3,181 | -€1,647 | -34.1% |
| Other amounts payable | 47/48 | €26,061 | €22,569 | -€3,492 | -13.4% |
| Remuneration, social security and pensions | 62 | €37,602 | €32,495 | -€5,107 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,820 | €16,474 | -€346 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,820 | €4,720 | -€22,100 | -82.4% |
| Other operating charges | 640/8 | €2,927 | €3,923 | +€996 | +34.0% |
| Non-recurring operating charges | 66A | - | €9,000 | +€9,000 | |
| Gross operating margin | 9900 | €115,109 | €202,781 | +€87,672 | +76.2% |
| Operating profit (loss) | 9901 | €30,939 | €136,170 | +€105,230 | +340% |
| Financial income | 75/76B | €600 | €1,933 | +€1,333 | +222% |
| Recurring financial income | 75 | €600 | €1,933 | +€1,333 | +222% |
| Financial charges | 65/66B | €6,730 | €45,291 | +€38,561 | +573% |
| Recurring financial charges | 65 | €6,730 | €45,291 | +€38,561 | +573% |
| Profit (loss) for the period before taxes | 9903 | €24,810 | €92,812 | +€68,002 | +274% |
| Income taxes | 67/77 | €9,038 | €26,415 | +€17,377 | +192% |
| Profit (loss) for the period | 9904 | €15,772 | €66,397 | +€50,626 | +321% |
| Profit (loss) for the period to be appropriated | 9905 | €15,772 | €66,397 | +€50,626 | +321% |
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 30 October 2026 via checked.be.