BF ARCHITECTURE: what changed
BF ARCHITECTURE
Largest movements
- Receivables within one year +€31,296
up €31,296 (+30.3%), from €103,444 to €134,740
of which Trade receivables: +€19,410
- Tangible fixed assets -€6,019
down €6,019 (-26.3%), from €22,915 to €16,896
of which Plant, machinery and equipment: -€4,627
- Cash -€2,365
down €2,365 (-98.4%), from €2,404 to €38
mainly Receivables within one year (-€31,296) and Net result for the year (-€12,113)
- Reserves -€41,000
down €41,000 (-59.3%), from €69,114 to €28,114
- Profit (loss) carried forward +€28,887
up €28,887, from -€28,399 to €488
- Short-term financial debts +€20,440
up €20,440 (+409%), from €5,003 to €25,443
- Trade debts +€11,126
up €11,126 (+19.6%), from €56,751 to €67,877
of which Suppliers: +€51,580
- Accrued charges and deferred income +€3,785
up €3,785 (+60.9%), from €6,215 to €10,000
- Gross operating margin -€48,569
down €48,569, from €46,697 to -€1,872
- Staff costs -€4,957
down €4,957, from €4,897 to -€60
- Other operating charges -€510
down €510 (-25.5%), from €1,999 to €1,490
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,833 | €157,667 | +€22,834 | +16.9% |
| Fixed assets | 21/28 | €27,015 | €20,996 | -€6,019 | -22.3% |
| Tangible fixed assets | 22/27 | €22,915 | €16,896 | -€6,019 | -26.3% |
| Plant, machinery and equipment | 23 | €18,279 | €13,652 | -€4,627 | -25.3% |
| Furniture and vehicles | 24 | €4,636 | €3,243 | -€1,393 | -30.0% |
| Financial fixed assets | 28 | €4,100 | €4,100 | = | 0.0% |
| Current assets | 29/58 | €107,818 | €136,671 | +€28,853 | +26.8% |
| Amounts receivable within one year | 40/41 | €103,444 | €134,740 | +€31,296 | +30.3% |
| Trade receivables | 40 | €83,964 | €103,374 | +€19,410 | +23.1% |
| Other amounts receivable | 41 | €19,480 | €31,365 | +€11,885 | +61.0% |
| Cash at bank and in hand | 54/58 | €2,404 | €38 | -€2,365 | -98.4% |
| Deferred charges and accrued income | 490/1 | €1,969 | €1,893 | -€77 | -3.9% |
| Total equity and liabilities | 10/49 | €134,833 | €157,667 | +€22,834 | +16.9% |
| Equity | 10/15 | €53,115 | €41,002 | -€12,113 | -22.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €69,114 | €28,114 | -€41,000 | -59.3% |
| Distributable reserves | 133 | €69,114 | €28,114 | -€41,000 | -59.3% |
| Profit (loss) carried forward | 14 | -€28,399 | €488 | +€28,887 | |
| Amounts payable | 17/49 | €81,717 | €116,665 | +€34,947 | +42.8% |
| Amounts payable within one year | 42/48 | €75,502 | €106,664 | +€31,162 | +41.3% |
| Financial debts | 43 | €5,003 | €25,443 | +€20,440 | +409% |
| Credit institutions | 430/8 | €5,003 | €25,443 | +€20,440 | +409% |
| Trade debts | 44 | €56,751 | €67,877 | +€11,126 | +19.6% |
| Suppliers | 440/4 | €16,297 | €67,877 | +€51,580 | +316% |
| Bills of exchange payable | 441 | €40,454 | - | -€40,454 | |
| Taxes, remuneration and social security | 45 | €13,748 | €13,344 | -€404 | -2.9% |
| Taxes | 450/3 | €13,748 | €13,325 | -€423 | -3.1% |
| Remuneration and social security | 454/9 | - | €19 | +€19 | |
| Accrued charges and deferred income | 492/3 | €6,215 | €10,000 | +€3,785 | +60.9% |
| Remuneration, social security and pensions | 62 | €4,897 | -€60 | -€4,957 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,424 | €6,019 | -€404 | -6.3% |
| Other operating charges | 640/8 | €1,999 | €1,490 | -€510 | -25.5% |
| Non-recurring operating charges | 66A | - | €324 | +€324 | |
| Gross operating margin | 9900 | €46,697 | -€1,872 | -€48,569 | |
| Operating profit (loss) | 9901 | €33,377 | -€9,645 | -€43,022 | |
| Financial income | 75/76B | €749 | €1,004 | +€255 | +34.1% |
| Recurring financial income | 75 | €749 | €1,004 | +€255 | +34.1% |
| Financial charges | 65/66B | €2,970 | €3,282 | +€312 | +10.5% |
| Recurring financial charges | 65 | €2,970 | €3,282 | +€312 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €31,156 | -€11,923 | -€43,079 | |
| Income taxes | 67/77 | €258 | €190 | -€68 | -26.3% |
| Profit (loss) for the period | 9904 | €30,897 | -€12,113 | -€43,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,897 | -€12,113 | -€43,011 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.