ARTBUILD ARCHITECTS: 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.
ARTBUILD ARCHITECTS
Largest movements
- Receivables within one year +€572,232
up €572,232 (+15.8%), from €3.6m to €4.2m
of which Trade receivables: +€799,767
- Cash +€181,406
up €181,406 (+188%), from €96,589 to €277,995
mainly Other debts (+€1.3m) and Depreciation (+€38,216)
- Other debts +€1.3m
up €1.3m (+56.4%), from €2.4m to €3.7m
- Profit (loss) carried forward -€218,577
down €218,577 (-16.3%), from -€1.3m to -€1.6m
- Short-term financial debts -€150,000
down €150,000 (-11.1%), from €1.4m to €1.2m
- Debts after one year -€142,330
down €142,330 (-48.5%), from €293,633 to €151,303
- Accrued charges and deferred income -€80,632
down €80,632 (-81.3%), from €99,132 to €18,500
- Gross operating margin +€342,102
up €342,102, from -€294,498 to €47,604
- Financial income +€222,211
up €222,211 (+17,312%), from €1,284 to €223,495
- Staff costs -€103,821
down €103,821 (-26.9%), from €386,095 to €282,274
- Other operating charges -€45,806
down €45,806 (-96.4%), from €47,493 to €1,687
- Financial charges -€37,826
down €37,826 (-18.8%), from €201,469 to €163,643
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 | €5,389,392 | €6,093,244 | +€703,852 | +13.1% |
| Fixed assets | 21/28 | €1,610,888 | €1,562,541 | -€48,347 | -3.0% |
| Tangible fixed assets | 22/27 | €105,398 | €98,138 | -€7,261 | -6.9% |
| Furniture and vehicles | 24 | €57,126 | €55,370 | -€1,757 | -3.1% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €48,272 | €42,768 | -€5,504 | -11.4% |
| Financial fixed assets | 28 | €1,505,490 | €1,464,404 | -€41,086 | -2.7% |
| Current assets | 29/58 | €3,778,504 | €4,530,703 | +€752,199 | +19.9% |
| Amounts receivable within one year | 40/41 | €3,621,123 | €4,193,356 | +€572,232 | +15.8% |
| Trade receivables | 40 | €3,306,388 | €4,106,154 | +€799,767 | +24.2% |
| Other amounts receivable | 41 | €314,735 | €87,201 | -€227,534 | -72.3% |
| Cash at bank and in hand | 54/58 | €96,589 | €277,995 | +€181,406 | +188% |
| Deferred charges and accrued income | 490/1 | €60,792 | €59,353 | -€1,439 | -2.4% |
| Total equity and liabilities | 10/49 | €5,389,392 | €6,093,244 | +€703,852 | +13.1% |
| Equity | 10/15 | €643,628 | €425,050 | -€218,577 | -34.0% |
| Contributions | 10/11 | €840,601 | €840,601 | = | 0.0% |
| Revaluation surpluses | 12 | €515,670 | €515,670 | = | 0.0% |
| Reserves | 13 | €626,748 | €626,748 | = | 0.0% |
| Distributable reserves | 133 | €626,748 | €626,748 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,339,392 | -€1,557,969 | -€218,577 | -16.3% |
| Amounts payable | 17/49 | €4,745,765 | €5,668,194 | +€922,429 | +19.4% |
| Amounts payable after more than one year | 17 | €293,633 | €151,303 | -€142,330 | -48.5% |
| Financial debts | 170/4 | €293,633 | €151,303 | -€142,330 | -48.5% |
| Amounts payable within one year | 42/48 | €4,353,001 | €5,498,391 | +€1.1m | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €154,483 | €142,330 | -€12,154 | -7.9% |
| Financial debts | 43 | €1,350,000 | €1,200,000 | -€150,000 | -11.1% |
| Credit institutions | 430/8 | €1,350,000 | €1,200,000 | -€150,000 | -11.1% |
| Trade debts | 44 | €447,764 | €395,774 | -€51,990 | -11.6% |
| Suppliers | 440/4 | €447,764 | €395,774 | -€51,990 | -11.6% |
| Taxes, remuneration and social security | 45 | €43,262 | €73,908 | +€30,646 | +70.8% |
| Taxes | 450/3 | €0 | €35,711 | +€35,711 | |
| Remuneration and social security | 454/9 | €43,262 | €38,197 | -€5,065 | -11.7% |
| Other amounts payable | 47/48 | €2,357,492 | €3,686,379 | +€1.3m | +56.4% |
| Accrued charges and deferred income | 492/3 | €99,132 | €18,500 | -€80,632 | -81.3% |
| Non-recurring operating income | 76A | €558 | €0 | -€558 | -100% |
| Remuneration, social security and pensions | 62 | €386,095 | €282,274 | -€103,821 | -26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,809 | €38,216 | +€4,407 | +13.0% |
| Other operating charges | 640/8 | €47,493 | €1,687 | -€45,806 | -96.4% |
| Non-recurring operating charges | 66A | €0 | €3,351 | +€3,351 | |
| Gross operating margin | 9900 | -€294,498 | €47,604 | +€342,102 | |
| Operating profit (loss) | 9901 | -€761,894 | -€277,923 | +€483,971 | +63.5% |
| Financial income | 75/76B | €1,284 | €223,495 | +€222,211 | +17,312% |
| Recurring financial income | 75 | €1,284 | €223,495 | +€222,211 | +17,312% |
| Financial charges | 65/66B | €201,469 | €163,643 | -€37,826 | -18.8% |
| Recurring financial charges | 65 | €201,469 | €163,643 | -€37,826 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€962,079 | -€218,071 | +€744,008 | +77.3% |
| Income taxes | 67/77 | €633 | €506 | -€127 | -20.1% |
| Profit (loss) for the period | 9904 | -€962,712 | -€218,577 | +€744,135 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€962,712 | -€218,577 | +€744,135 | +77.3% |
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 27 October 2026 via checked.be.