Bart Gryffroy 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.
Bart Gryffroy Architect
Largest movements
- Tangible fixed assets -€12,261
down €12,261 (-34.3%), from €35,718 to €23,457
of which Furniture and vehicles: -€11,881
- Cash -€11,843
down €11,843 (-39.6%), from €29,873 to €18,030
mainly Contributions, distributions and other (-€17,117) and Receivables within one year (-€11,314)
- Receivables within one year +€11,314
up €11,314 (+89.0%), from €12,705 to €24,019
of which Trade receivables: +€16,377
- Reserves -€16,284
down €16,284 (-30.8%), from €52,874 to €36,590
- Trade debts +€12,755
up €12,755 (+5,330%), from €239 to €12,995
- Debts after one year -€9,096
down €9,096 (-100%), from €9,096 to €0
- Other debts +€4,023
up €4,023 (+60.3%), from €6,673 to €10,696
- Current portion of long-term debt -€3,976
down €3,976 (-30.4%), from €13,073 to €9,096
- Gross operating margin -€7,355
down €7,355 (-24.6%), from €29,928 to €22,572
- Taxes +€2,163
up €2,163 (+54.9%), from €3,937 to €6,100
- Financial charges -€1,252
down €1,252 (-38.9%), from €3,216 to €1,964
- Depreciation +€316
up €316 (+2.6%), from €11,946 to €12,261
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 | €105,932 | €92,673 | -€13,259 | -12.5% |
| Fixed assets | 21/28 | €35,718 | €23,457 | -€12,261 | -34.3% |
| Tangible fixed assets | 22/27 | €35,718 | €23,457 | -€12,261 | -34.3% |
| Plant, machinery and equipment | 23 | €424 | €44 | -€380 | -89.7% |
| Furniture and vehicles | 24 | €35,294 | €23,413 | -€11,881 | -33.7% |
| Current assets | 29/58 | €70,214 | €69,217 | -€997 | -1.4% |
| Amounts receivable within one year | 40/41 | €12,705 | €24,019 | +€11,314 | +89.0% |
| Trade receivables | 40 | €7,642 | €24,019 | +€16,377 | +214% |
| Other amounts receivable | 41 | €5,063 | €0 | -€5,063 | -100% |
| Current investments | 50/53 | €25,701 | €25,175 | -€526 | -2.0% |
| Cash at bank and in hand | 54/58 | €29,873 | €18,030 | -€11,843 | -39.6% |
| Deferred charges and accrued income | 490/1 | €1,935 | €1,993 | +€58 | +3.0% |
| Total equity and liabilities | 10/49 | €105,932 | €92,673 | -€13,259 | -12.5% |
| Equity | 10/15 | €71,474 | €55,681 | -€15,793 | -22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,874 | €36,590 | -€16,284 | -30.8% |
| Distributable reserves | 133 | €52,874 | €36,590 | -€16,284 | -30.8% |
| Profit (loss) carried forward | 14 | €0 | €491 | +€491 | |
| Amounts payable | 17/49 | €34,458 | €36,992 | +€2,534 | +7.4% |
| Amounts payable after more than one year | 17 | €9,096 | €0 | -€9,096 | -100% |
| Financial debts | 170/4 | €9,096 | €0 | -€9,096 | -100% |
| Amounts payable within one year | 42/48 | €24,265 | €36,541 | +€12,276 | +50.6% |
| Current portion of amounts payable after more than one year | 42 | €13,073 | €9,096 | -€3,976 | -30.4% |
| Financial debts | 43 | €39 | €103 | +€64 | +165% |
| Credit institutions | 430/8 | €39 | €103 | +€64 | +165% |
| Trade debts | 44 | €239 | €12,995 | +€12,755 | +5,330% |
| Suppliers | 440/4 | €239 | €12,995 | +€12,755 | +5,330% |
| Taxes, remuneration and social security | 45 | €4,241 | €3,651 | -€590 | -13.9% |
| Taxes | 450/3 | €4,241 | €3,651 | -€590 | -13.9% |
| Other amounts payable | 47/48 | €6,673 | €10,696 | +€4,023 | +60.3% |
| Accrued charges and deferred income | 492/3 | €1,096 | €451 | -€645 | -58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,946 | €12,261 | +€316 | +2.6% |
| Other operating charges | 640/8 | €900 | €922 | +€22 | +2.5% |
| Gross operating margin | 9900 | €29,928 | €22,572 | -€7,355 | -24.6% |
| Operating profit (loss) | 9901 | €17,082 | €9,389 | -€7,693 | -45.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,216 | €1,964 | -€1,252 | -38.9% |
| Recurring financial charges | 65 | €3,216 | €1,964 | -€1,252 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | €13,866 | €7,424 | -€6,441 | -46.5% |
| Income taxes | 67/77 | €3,937 | €6,100 | +€2,163 | +54.9% |
| Profit (loss) for the period | 9904 | €9,929 | €1,324 | -€8,604 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,929 | €1,324 | -€8,604 | -86.7% |
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 14 October 2026 via checked.be.