BOXAR 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.
BOXAR ARCHITECTEN
Largest movements
- Tangible fixed assets -€16,015
down €16,015 (-10.5%), from €153,156 to €137,141
of which Land and buildings: -€10,780
- Receivables within one year -€14,553
down €14,553 (-12.7%), from €114,900 to €100,347
of which Other amounts receivable: -€28,618
- Intangible fixed assets -€11,578
down €11,578 (-100%), from €11,578 to €0
- Short-term financial debts -€29,433
down €29,433 (-74.8%), from €39,368 to €9,935
- Debts after one year -€14,004
down €14,004 (-13.6%), from €103,273 to €89,269
- Tax, wage and social debts -€11,895
down €11,895 (-41.7%), from €28,523 to €16,628
- Trade debts +€7,780
up €7,780 (+52.0%), from €14,976 to €22,757
- Accrued charges and deferred income +€3,728
new in 2025: €3,728
- Gross operating margin -€21,275
down €21,275 (-30.4%), from €70,065 to €48,790
- Taxes -€2,495
down €2,495 (-49.8%), from €5,005 to €2,510
- Financial charges -€2,459
down €2,459 (-16.4%), from €14,979 to €12,520
- Depreciation -€1,392
down €1,392 (-4.5%), from €31,071 to €29,680
- Other operating charges -€1,156
down €1,156 (-22.5%), from €5,147 to €3,991
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 | €285,481 | €243,027 | -€42,454 | -14.9% |
| Fixed assets | 21/28 | €164,734 | €137,141 | -€27,593 | -16.7% |
| Intangible fixed assets | 21 | €11,578 | €0 | -€11,578 | -100% |
| Tangible fixed assets | 22/27 | €153,156 | €137,141 | -€16,015 | -10.5% |
| Land and buildings | 22 | €107,800 | €97,020 | -€10,780 | -10.0% |
| Plant, machinery and equipment | 23 | €3,736 | €3,939 | +€203 | +5.4% |
| Furniture and vehicles | 24 | €5,118 | €4,304 | -€814 | -15.9% |
| Other tangible fixed assets | 26 | €36,503 | €31,878 | -€4,624 | -12.7% |
| Current assets | 29/58 | €120,747 | €105,886 | -€14,861 | -12.3% |
| Amounts receivable within one year | 40/41 | €114,900 | €100,347 | -€14,553 | -12.7% |
| Trade receivables | 40 | €41,243 | €55,308 | +€14,065 | +34.1% |
| Other amounts receivable | 41 | €73,656 | €45,039 | -€28,618 | -38.9% |
| Current investments | 50/53 | €3,500 | €3,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €11 | +€11 | |
| Deferred charges and accrued income | 490/1 | €2,347 | €2,028 | -€319 | -13.6% |
| Total equity and liabilities | 10/49 | €285,481 | €243,027 | -€42,454 | -14.9% |
| Equity | 10/15 | €82,584 | €85,890 | +€3,306 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €76,384 | €79,690 | +€3,306 | +4.3% |
| Distributable reserves | 133 | €76,384 | €79,690 | +€3,306 | +4.3% |
| Amounts payable | 17/49 | €202,897 | €157,137 | -€45,760 | -22.6% |
| Amounts payable after more than one year | 17 | €103,273 | €89,269 | -€14,004 | -13.6% |
| Financial debts | 170/4 | €103,273 | €89,269 | -€14,004 | -13.6% |
| Amounts payable within one year | 42/48 | €99,624 | €64,140 | -€35,484 | -35.6% |
| Current portion of amounts payable after more than one year | 42 | €16,757 | €14,820 | -€1,936 | -11.6% |
| Financial debts | 43 | €39,368 | €9,935 | -€29,433 | -74.8% |
| Credit institutions | 430/8 | €39,368 | €9,935 | -€29,433 | -74.8% |
| Trade debts | 44 | €14,976 | €22,757 | +€7,780 | +52.0% |
| Suppliers | 440/4 | €14,976 | €22,757 | +€7,780 | +52.0% |
| Taxes, remuneration and social security | 45 | €28,523 | €16,628 | -€11,895 | -41.7% |
| Taxes | 450/3 | €28,523 | €16,628 | -€11,895 | -41.7% |
| Accrued charges and deferred income | 492/3 | - | €3,728 | +€3,728 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,071 | €29,680 | -€1,392 | -4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,147 | €3,991 | -€1,156 | -22.5% |
| Non-recurring operating charges | 66A | €6,242 | €0 | -€6,242 | -100% |
| Gross operating margin | 9900 | €70,065 | €48,790 | -€21,275 | -30.4% |
| Operating profit (loss) | 9901 | €27,604 | €15,120 | -€12,484 | -45.2% |
| Financial income | 75/76B | €3,999 | €3,216 | -€783 | -19.6% |
| Recurring financial income | 75 | €3,999 | €3,216 | -€783 | -19.6% |
| Financial charges | 65/66B | €14,979 | €12,520 | -€2,459 | -16.4% |
| Recurring financial charges | 65 | €14,979 | €12,520 | -€2,459 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €16,624 | €5,816 | -€10,808 | -65.0% |
| Income taxes | 67/77 | €5,005 | €2,510 | -€2,495 | -49.8% |
| Profit (loss) for the period | 9904 | €11,619 | €3,306 | -€8,313 | -71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,619 | €3,306 | -€8,313 | -71.5% |
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 16 October 2026 via checked.be.