Baeten Architect: 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.
Baeten Architect
Largest movements
- Cash +€21,646
up €21,646 (+15.2%), from €142,829 to €164,475
mainly Other debts (+€177,776) and Net result for the year (+€50,589)
- Receivables within one year +€15,677
up €15,677 (+105.6%), from €14,839 to €30,516
- Tangible fixed assets -€8,245
down €8,245 (-81.8%), from €10,079 to €1,834
- Other debts +€177,776
up €177,776 (+25329.6%), from €702 to €178,478
- Profit (loss) carried forward -€159,411
down €159,411 (-99.7%), from €159,949 to €538
- Tax, wage and social debts +€11,540
up €11,540 (+468.5%), from €2,463 to €14,004
- Gross operating margin +€18,861
up €18,861 (+42.4%), from €44,515 to €63,376
- Depreciation -€4,998
down €4,998 (-91.3%), from €5,472 to €474
- Taxes +€4,014
up €4,014 (+46.4%), from €8,655 to €12,668
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 | €171,444 | €200,539 | +€29,095 | +17.0% |
| Fixed assets | 21/28 | €10,079 | €1,834 | -€8,245 | -81.8% |
| Tangible fixed assets | 22/27 | €10,079 | €1,834 | -€8,245 | -81.8% |
| Furniture and vehicles | 24 | €10,079 | €1,834 | -€8,245 | -81.8% |
| Current assets | 29/58 | €161,365 | €198,705 | +€37,340 | +23.1% |
| Amounts receivable within one year | 40/41 | €14,839 | €30,516 | +€15,677 | +105.6% |
| Trade receivables | 40 | €14,839 | €30,516 | +€15,677 | +105.6% |
| Cash at bank and in hand | 54/58 | €142,829 | €164,475 | +€21,646 | +15.2% |
| Deferred charges and accrued income | 490/1 | €3,696 | €3,714 | +€18 | +0.5% |
| Total equity and liabilities | 10/49 | €171,444 | €200,539 | +€29,095 | +17.0% |
| Equity | 10/15 | €167,449 | €8,038 | -€159,411 | -95.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,949 | €538 | -€159,411 | -99.7% |
| Amounts payable | 17/49 | €3,994 | €192,501 | +€188,506 | +4719.3% |
| Amounts payable within one year | 42/48 | €3,994 | €192,501 | +€188,506 | +4719.3% |
| Trade debts | 44 | €829 | €19 | -€810 | -97.7% |
| Suppliers | 440/4 | €829 | €19 | -€810 | -97.7% |
| Taxes, remuneration and social security | 45 | €2,463 | €14,004 | +€11,540 | +468.5% |
| Taxes | 450/3 | €2,463 | €14,004 | +€11,540 | +468.5% |
| Other amounts payable | 47/48 | €702 | €178,478 | +€177,776 | +25329.6% |
| Non-recurring operating income | 76A | - | €4,430 | +€4,430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,472 | €474 | -€4,998 | -91.3% |
| Other operating charges | 640/8 | €906 | €940 | +€34 | +3.7% |
| Gross operating margin | 9900 | €44,515 | €63,376 | +€18,861 | +42.4% |
| Operating profit (loss) | 9901 | €38,136 | €61,962 | +€23,826 | +62.5% |
| Financial income | 75/76B | €1,451 | €1,339 | -€112 | -7.7% |
| Recurring financial income | 75 | €1,451 | €1,339 | -€112 | -7.7% |
| Financial charges | 65/66B | - | €44 | +€44 | |
| Recurring financial charges | 65 | - | €44 | +€44 | |
| Profit (loss) for the period before taxes | 9903 | €39,587 | €63,257 | +€23,670 | +59.8% |
| Income taxes | 67/77 | €8,655 | €12,668 | +€4,014 | +46.4% |
| Profit (loss) for the period | 9904 | €30,933 | €50,589 | +€19,656 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,933 | €50,589 | +€19,656 | +63.5% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.