ARCHITEKST: 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.
ARCHITEKST
Largest movements
- Receivables after one year +€186,900
new in 2025: €186,900
- Receivables within one year -€160,853
down €160,853 (-28.5%), from €564,373 to €403,520
of which Other amounts receivable: -€262,386
- Cash -€18,384
down €18,384 (-7.5%), from €245,979 to €227,595
mainly Receivables after one year (-€186,900) and Investment in fixed assets (net) (-€36,679)
- Tangible fixed assets +€16,443
up €16,443 (+23.7%), from €69,267 to €85,710
of which Leasing and similar rights: +€8,851
- Deferred charges and accrued income -€12,490
down €12,490 (-82.6%), from €15,122 to €2,632
- Current portion of long-term debt +€30,416
up €30,416 (+256.0%), from €11,883 to €42,298
- Trade debts -€22,104
down €22,104 (-13.8%), from €160,531 to €138,427
- Gross operating margin -€112,422
down €112,422 (-38.2%), from €294,039 to €181,617
- Staff costs -€43,998
down €43,998 (-22.1%), from €199,526 to €155,528
- Taxes -€26,445
down €26,445 (-87.6%), from €30,175 to €3,729
- Depreciation +€14,527
up €14,527 (+254.5%), from €5,709 to €20,237
- Financial charges +€7,182
up €7,182 (+111.8%), from €6,425 to €13,607
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.
Cash bridge derived
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 | €894,817 | €906,432 | +€11,615 | +1.3% |
| Fixed assets | 21/28 | €69,342 | €85,785 | +€16,443 | +23.7% |
| Tangible fixed assets | 22/27 | €69,267 | €85,710 | +€16,443 | +23.7% |
| Plant, machinery and equipment | 23 | €4,473 | €2,849 | -€1,624 | -36.3% |
| Furniture and vehicles | 24 | €1,059 | €8,083 | +€7,024 | +663.1% |
| Leasing and similar rights | 25 | €63,735 | €72,585 | +€8,851 | +13.9% |
| Other tangible fixed assets | 26 | - | €2,192 | +€2,192 | |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €825,475 | €820,647 | -€4,828 | -0.6% |
| Amounts receivable after more than one year | 29 | - | €186,900 | +€186,900 | |
| Other amounts receivable | 291 | - | €186,900 | +€186,900 | |
| Amounts receivable within one year | 40/41 | €564,373 | €403,520 | -€160,853 | -28.5% |
| Trade receivables | 40 | €141,022 | €242,555 | +€101,533 | +72.0% |
| Other amounts receivable | 41 | €423,351 | €160,965 | -€262,386 | -62.0% |
| Cash at bank and in hand | 54/58 | €245,979 | €227,595 | -€18,384 | -7.5% |
| Deferred charges and accrued income | 490/1 | €15,122 | €2,632 | -€12,490 | -82.6% |
| Total equity and liabilities | 10/49 | €894,817 | €906,432 | +€11,615 | +1.3% |
| Equity | 10/15 | €615,487 | €619,355 | +€3,869 | +0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €298,476 | €298,476 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €298,476 | €298,476 | = | 0.0% |
| Profit (loss) carried forward | 14 | €304,610 | €308,479 | +€3,869 | +1.3% |
| Amounts payable | 17/49 | €279,330 | €287,076 | +€7,746 | +2.8% |
| Amounts payable after more than one year | 17 | €51,991 | €56,303 | +€4,312 | +8.3% |
| Financial debts | 170/4 | €51,991 | €56,303 | +€4,312 | +8.3% |
| Amounts payable within one year | 42/48 | €223,183 | €226,724 | +€3,541 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €11,883 | €42,298 | +€30,416 | +256.0% |
| Trade debts | 44 | €160,531 | €138,427 | -€22,104 | -13.8% |
| Suppliers | 440/4 | €160,531 | €138,427 | -€22,104 | -13.8% |
| Taxes, remuneration and social security | 45 | €50,770 | €45,999 | -€4,771 | -9.4% |
| Taxes | 450/3 | €25,891 | €25,907 | +€16 | +0.1% |
| Remuneration and social security | 454/9 | €24,879 | €20,092 | -€4,786 | -19.2% |
| Accrued charges and deferred income | 492/3 | €4,155 | €4,049 | -€106 | -2.6% |
| Non-recurring operating income | 76A | - | €10,839 | +€10,839 | |
| Remuneration, social security and pensions | 62 | €199,526 | €155,528 | -€43,998 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,709 | €20,237 | +€14,527 | +254.5% |
| Other operating charges | 640/8 | €1,937 | €3,162 | +€1,225 | +63.2% |
| Gross operating margin | 9900 | €294,039 | €181,617 | -€112,422 | -38.2% |
| Operating profit (loss) | 9901 | €86,867 | €2,691 | -€84,176 | -96.9% |
| Financial income | 75/76B | €16,949 | €18,515 | +€1,565 | +9.2% |
| Recurring financial income | 75 | €16,949 | €18,515 | +€1,565 | +9.2% |
| Financial charges | 65/66B | €6,425 | €13,607 | +€7,182 | +111.8% |
| Recurring financial charges | 65 | €6,425 | €13,607 | +€7,182 | +111.8% |
| Profit (loss) for the period before taxes | 9903 | €97,391 | €7,598 | -€89,793 | -92.2% |
| Income taxes | 67/77 | €30,175 | €3,729 | -€26,445 | -87.6% |
| Profit (loss) for the period | 9904 | €67,216 | €3,869 | -€63,348 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,216 | €3,869 | -€63,348 | -94.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.