BAO-Architecten: 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.
BAO-Architecten
Largest movements
- Receivables within one year -€20,224
down €20,224 (-35.7%), from €56,690 to €36,465
of which Other amounts receivable: -€28,305
- Deferred charges and accrued income +€10,180
new in 2025: €10,180
- Tangible fixed assets -€1,391
down €1,391 (-52.9%), from €2,630 to €1,240
of which Furniture and vehicles: -€1,089
- Cash -€1,198
down €1,198 (-47.0%), from €2,550 to €1,351
mainly Net result for the year (-€31,464) and Deferred charges and accrued income (-€10,180)
- Profit (loss) carried forward -€31,464
down €31,464 (-129%), from -€24,408 to -€55,872
- Other debts +€15,555
up €15,555 (+533%), from €2,916 to €18,471
- Trade debts +€7,711
up €7,711 (+37.8%), from €20,421 to €28,132
- Advances received -€4,550
no longer reported in 2025 (was €4,550)
- Financial charges +€40,144
up €40,144 (+19,698%), from €204 to €40,348
of which Non-recurring financial charges: +€40,165
- Gross operating margin +€38,674
up €38,674, from -€27,881 to €10,794
- Taxes +€6,268
no longer reported in 2025 (was -€6,268)
- Depreciation -€620
down €620 (-30.8%), from €2,011 to €1,391
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 | €61,870 | €49,236 | -€12,634 | -20.4% |
| Fixed assets | 21/28 | €2,630 | €1,240 | -€1,391 | -52.9% |
| Tangible fixed assets | 22/27 | €2,630 | €1,240 | -€1,391 | -52.9% |
| Plant, machinery and equipment | 23 | €301 | - | -€301 | |
| Furniture and vehicles | 24 | €2,329 | €1,240 | -€1,089 | -46.8% |
| Current assets | 29/58 | €59,239 | €47,996 | -€11,243 | -19.0% |
| Amounts receivable within one year | 40/41 | €56,690 | €36,465 | -€20,224 | -35.7% |
| Trade receivables | 40 | €21,809 | €29,890 | +€8,081 | +37.1% |
| Other amounts receivable | 41 | €34,881 | €6,575 | -€28,305 | -81.1% |
| Cash at bank and in hand | 54/58 | €2,550 | €1,351 | -€1,198 | -47.0% |
| Deferred charges and accrued income | 490/1 | - | €10,180 | +€10,180 | |
| Total equity and liabilities | 10/49 | €61,870 | €49,236 | -€12,634 | -20.4% |
| Equity | 10/15 | €33,608 | €2,144 | -€31,464 | -93.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,816 | €51,816 | = | 0.0% |
| Distributable reserves | 133 | €51,816 | €51,816 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,408 | -€55,872 | -€31,464 | -129% |
| Amounts payable | 17/49 | €28,262 | €47,092 | +€18,830 | +66.6% |
| Amounts payable within one year | 42/48 | €28,262 | €47,092 | +€18,830 | +66.6% |
| Trade debts | 44 | €20,421 | €28,132 | +€7,711 | +37.8% |
| Suppliers | 440/4 | €20,421 | €28,132 | +€7,711 | +37.8% |
| Advances received on contracts in progress | 46 | €4,550 | - | -€4,550 | |
| Taxes, remuneration and social security | 45 | €375 | €489 | +€114 | +30.5% |
| Taxes | 450/3 | €375 | €489 | +€114 | +30.5% |
| Other amounts payable | 47/48 | €2,916 | €18,471 | +€15,555 | +533% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,011 | €1,391 | -€620 | -30.8% |
| Other operating charges | 640/8 | €580 | €520 | -€61 | -10.4% |
| Gross operating margin | 9900 | -€27,881 | €10,794 | +€38,674 | |
| Operating profit (loss) | 9901 | -€30,472 | €8,883 | +€39,355 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €204 | €40,348 | +€40,144 | +19,698% |
| Recurring financial charges | 65 | €204 | €183 | -€21 | -10.4% |
| Non-recurring financial charges | 66B | - | €40,165 | +€40,165 | |
| Profit (loss) for the period before taxes | 9903 | -€30,676 | -€31,464 | -€788 | -2.6% |
| Income taxes | 67/77 | -€6,268 | - | +€6,268 | |
| Profit (loss) for the period | 9904 | -€24,408 | -€31,464 | -€7,056 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,408 | -€31,464 | -€7,056 | -28.9% |
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.