BRITSOM & PHILIPS ARCHITECTS: what changed
BRITSOM & PHILIPS ARCHITECTS
Largest movements
- Tangible fixed assets +€216,793
up €216,793 (+84.7%), from €255,991 to €472,784
of which Land and buildings: +€226,160
- Cash +€34,110
up €34,110 (+879%), from €3,879 to €37,989
mainly Debts after one year (+€249,654) and Depreciation (+€56,489)
- Receivables within one year +€33,827
up €33,827 (+37.7%), from €89,808 to €123,635
of which Other amounts receivable: +€34,433
- Debts after one year +€249,654
up €249,654 (+180%), from €138,333 to €387,986
- Tax, wage and social debts +€25,998
up €25,998 (+212%), from €12,240 to €38,238
of which Taxes: +€22,512
- Other debts -€19,325
no longer reported in 2025 (was €19,325)
- Current portion of long-term debt +€17,283
up €17,283 (+61.2%), from €28,229 to €45,511
- Reserves +€9,760
up €9,760 (+10.0%), from €97,309 to €107,069
of which Distributable reserves: +€15,350
- Other operating charges +€26,567
up €26,567 (+477%), from €5,571 to €32,138
- Gross operating margin +€18,540
up €18,540 (+19.1%), from €97,090 to €115,629
- Taxes -€4,224
down €4,224 (-31.7%), from €13,324 to €9,100
- Depreciation +€4,077
up €4,077 (+7.8%), from €52,413 to €56,489
- Financial charges +€3,622
up €3,622 (+48.9%), from €7,402 to €11,024
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 | €352,734 | €634,793 | +€282,059 | +80.0% |
| Fixed assets | 21/28 | €259,047 | €473,169 | +€214,121 | +82.7% |
| Intangible fixed assets | 21 | €2,672 | - | -€2,672 | |
| Tangible fixed assets | 22/27 | €255,991 | €472,784 | +€216,793 | +84.7% |
| Land and buildings | 22 | €203,239 | €429,399 | +€226,160 | +111% |
| Plant, machinery and equipment | 23 | €11,904 | €10,378 | -€1,526 | -12.8% |
| Furniture and vehicles | 24 | €30,419 | €23,427 | -€6,992 | -23.0% |
| Other tangible fixed assets | 26 | €10,429 | €9,580 | -€849 | -8.1% |
| Financial fixed assets | 28 | €385 | €385 | = | 0.0% |
| Current assets | 29/58 | €93,687 | €161,625 | +€67,938 | +72.5% |
| Amounts receivable within one year | 40/41 | €89,808 | €123,635 | +€33,827 | +37.7% |
| Trade receivables | 40 | €87,235 | €86,629 | -€606 | -0.7% |
| Other amounts receivable | 41 | €2,574 | €37,006 | +€34,433 | +1,338% |
| Cash at bank and in hand | 54/58 | €3,879 | €37,989 | +€34,110 | +879% |
| Total equity and liabilities | 10/49 | €352,734 | €634,793 | +€282,059 | +80.0% |
| Equity | 10/15 | €112,903 | €122,663 | +€9,760 | +8.6% |
| Contributions | 10/11 | €14,880 | €14,880 | = | 0.0% |
| Reserves | 13 | €97,309 | €107,069 | +€9,760 | +10.0% |
| Tax-exempt reserves | 132 | €27,950 | €22,360 | -€5,590 | -20.0% |
| Distributable reserves | 133 | €69,358 | €84,709 | +€15,350 | +22.1% |
| Profit (loss) carried forward | 14 | €715 | €715 | = | 0.0% |
| Provisions and deferred taxes | 16 | €14,399 | €11,519 | -€2,880 | -20.0% |
| Deferred taxes | 168 | €14,399 | €11,519 | -€2,880 | -20.0% |
| Amounts payable | 17/49 | €225,432 | €500,611 | +€275,179 | +122% |
| Amounts payable after more than one year | 17 | €138,333 | €387,986 | +€249,654 | +180% |
| Financial debts | 170/4 | €138,333 | €387,986 | +€249,654 | +180% |
| Amounts payable within one year | 42/48 | €87,100 | €112,625 | +€25,525 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €28,229 | €45,511 | +€17,283 | +61.2% |
| Financial debts | 43 | €1,914 | €3,855 | +€1,942 | +101% |
| Credit institutions | 430/8 | €1,914 | €3,855 | +€1,942 | +101% |
| Trade debts | 44 | €25,393 | €25,021 | -€372 | -1.5% |
| Suppliers | 440/4 | €25,393 | €25,021 | -€372 | -1.5% |
| Taxes, remuneration and social security | 45 | €12,240 | €38,238 | +€25,998 | +212% |
| Taxes | 450/3 | €12,240 | €34,752 | +€22,512 | +184% |
| Remuneration and social security | 454/9 | - | €3,486 | +€3,486 | |
| Other amounts payable | 47/48 | €19,325 | - | -€19,325 | |
| Non-recurring operating income | 76A | €12,807 | - | -€12,807 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,413 | €56,489 | +€4,077 | +7.8% |
| Other operating charges | 640/8 | €5,571 | €32,138 | +€26,567 | +477% |
| Gross operating margin | 9900 | €97,090 | €115,629 | +€18,540 | +19.1% |
| Operating profit (loss) | 9901 | €39,105 | €27,002 | -€12,104 | -31.0% |
| Financial income | 75/76B | €2 | €3 | +€1 | +72.2% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +72.2% |
| Financial charges | 65/66B | €7,402 | €11,024 | +€3,622 | +48.9% |
| Recurring financial charges | 65 | €7,402 | €11,024 | +€3,622 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €31,705 | €15,981 | -€15,724 | -49.6% |
| Transfer from deferred taxes | 780 | €2,880 | €2,880 | = | 0.0% |
| Income taxes | 67/77 | €13,324 | €9,100 | -€4,224 | -31.7% |
| Profit (loss) for the period | 9904 | €21,261 | €9,760 | -€11,501 | -54.1% |
| Transfer from tax-exempt reserves | 789 | €5,590 | €5,590 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,851 | €15,350 | -€11,501 | -42.8% |
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 4 November 2026 via checked.be.