Bruno Delva 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.
Bruno Delva Architect
Largest movements
- Cash -€352,845
down €352,845 (-94.8%), from €372,384 to €19,539
mainly Current investments (-€309,671) and Contributions, distributions and other (-€49,719)
- Current investments +€309,671
new in 2025: €309,671
- Receivables within one year +€6,774
up €6,774 (+20.2%), from €33,505 to €40,278
of which Trade receivables: +€16,450
- Reserves -€35,208
down €35,208 (-9.0%), from €392,673 to €357,464
- Tax, wage and social debts -€14,135
down €14,135 (-62.8%), from €22,497 to €8,363
- Revaluation surpluses +€7,165
new in 2025: €7,165
- Short-term financial debts +€4,978
up €4,978 (+98.2%), from €5,071 to €10,049
- Financial income -€64,758
down €64,758 (-94.7%), from €68,369 to €3,611
- Gross operating margin -€13,415
down €13,415 (-26.9%), from €49,784 to €36,369
- Taxes -€11,381
down €11,381 (-53.6%), from €21,241 to €9,860
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 | €434,380 | €397,939 | -€36,440 | -8.4% |
| Fixed assets | 21/28 | €27,995 | €28,330 | +€335 | +1.2% |
| Tangible fixed assets | 22/27 | €24,595 | €24,930 | +€335 | +1.4% |
| Land and buildings | 22 | €8,298 | €6,855 | -€1,443 | -17.4% |
| Plant, machinery and equipment | 23 | €1,216 | €1,727 | +€511 | +42.0% |
| Furniture and vehicles | 24 | €13,082 | €14,348 | +€1,266 | +9.7% |
| Other tangible fixed assets | 26 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €406,385 | €369,609 | -€36,775 | -9.0% |
| Amounts receivable within one year | 40/41 | €33,505 | €40,278 | +€6,774 | +20.2% |
| Trade receivables | 40 | €8,176 | €24,626 | +€16,450 | +201% |
| Other amounts receivable | 41 | €25,329 | €15,652 | -€9,677 | -38.2% |
| Current investments | 50/53 | - | €309,671 | +€309,671 | |
| Cash at bank and in hand | 54/58 | €372,384 | €19,539 | -€352,845 | -94.8% |
| Deferred charges and accrued income | 490/1 | €496 | €121 | -€375 | -75.5% |
| Total equity and liabilities | 10/49 | €434,380 | €397,939 | -€36,440 | -8.4% |
| Equity | 10/15 | €405,073 | €377,029 | -€28,043 | -6.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | - | €7,165 | +€7,165 | |
| Reserves | 13 | €392,673 | €357,464 | -€35,208 | -9.0% |
| Distributable reserves | 133 | €392,673 | €357,464 | -€35,208 | -9.0% |
| Profit (loss) carried forward | 14 | €0 | - | -€0 | |
| Amounts payable | 17/49 | €29,307 | €20,910 | -€8,397 | -28.7% |
| Amounts payable within one year | 42/48 | €29,307 | €20,910 | -€8,397 | -28.7% |
| Financial debts | 43 | €5,071 | €10,049 | +€4,978 | +98.2% |
| Credit institutions | 430/8 | €5,071 | €10,049 | +€4,978 | +98.2% |
| Trade debts | 44 | €1,739 | €2,499 | +€760 | +43.7% |
| Suppliers | 440/4 | €1,739 | €2,499 | +€760 | +43.7% |
| Taxes, remuneration and social security | 45 | €22,497 | €8,363 | -€14,135 | -62.8% |
| Taxes | 450/3 | €22,497 | €8,363 | -€14,135 | -62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,984 | €6,238 | +€254 | +4.2% |
| Other operating charges | 640/8 | €201 | €181 | -€20 | -10.0% |
| Gross operating margin | 9900 | €49,784 | €36,369 | -€13,415 | -26.9% |
| Operating profit (loss) | 9901 | €43,599 | €29,950 | -€13,649 | -31.3% |
| Financial income | 75/76B | €68,369 | €3,611 | -€64,758 | -94.7% |
| Recurring financial income | 75 | €68,369 | €3,611 | -€64,758 | -94.7% |
| Financial charges | 65/66B | €2,231 | €2,026 | -€205 | -9.2% |
| Recurring financial charges | 65 | €2,231 | €2,026 | -€205 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €109,737 | €31,535 | -€78,201 | -71.3% |
| Income taxes | 67/77 | €21,241 | €9,860 | -€11,381 | -53.6% |
| Profit (loss) for the period | 9904 | €88,496 | €21,675 | -€66,821 | -75.5% |
| Profit (loss) for the period to be appropriated | 9905 | €88,496 | €21,675 | -€66,821 | -75.5% |
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 17 October 2026 via checked.be.