CAPSULE D'ARCHITECTES: 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.
CAPSULE D'ARCHITECTES
Largest movements
- Receivables within one year +€153,125
up €153,125 (+31.9%), from €479,968 to €633,093
of which Other amounts receivable: +€111,941
- Deferred charges and accrued income +€27,723
up €27,723 (+597%), from €4,645 to €32,367
- Tangible fixed assets -€24,029
down €24,029 (-4.3%), from €555,828 to €531,799
of which Land and buildings: -€19,386
- Debts after one year -€166,432
down €166,432 (-54.8%), from €303,498 to €137,066
- Short-term financial debts +€138,971
up €138,971 (+1,630%), from €8,524 to €147,495
of which Other loans: +€125,000
- Other debts +€90,000
new in 2025: €90,000
- Tax, wage and social debts +€79,677
up €79,677 (+63.5%), from €125,520 to €205,197
of which Taxes: +€83,174
- Trade debts +€70,750
up €70,750 (+28.4%), from €248,829 to €319,579
- Other operating charges +€75,523
up €75,523 (+1,115%), from €6,772 to €82,295
- Gross operating margin +€20,020
up €20,020 (+7.2%), from €278,042 to €298,063
- Taxes +€14,005
up €14,005 (+32.6%), from €42,985 to €56,990
- Depreciation +€6,562
up €6,562 (+7.6%), from €85,967 to €92,529
- Financial charges +€6,475
up €6,475 (+33.2%), from €19,504 to €25,979
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 | €1,054,986 | €1,207,531 | +€152,545 | +14.5% |
| Fixed assets | 21/28 | €563,029 | €542,071 | -€20,958 | -3.7% |
| Tangible fixed assets | 22/27 | €555,828 | €531,799 | -€24,029 | -4.3% |
| Land and buildings | 22 | €468,165 | €448,780 | -€19,386 | -4.1% |
| Plant, machinery and equipment | 23 | €21,164 | €15,361 | -€5,803 | -27.4% |
| Furniture and vehicles | 24 | €45,605 | €49,040 | +€3,435 | +7.5% |
| Other tangible fixed assets | 26 | €20,893 | €18,618 | -€2,275 | -10.9% |
| Financial fixed assets | 28 | €7,201 | €10,272 | +€3,071 | +42.6% |
| Current assets | 29/58 | €491,957 | €665,460 | +€173,503 | +35.3% |
| Amounts receivable within one year | 40/41 | €479,968 | €633,093 | +€153,125 | +31.9% |
| Trade receivables | 40 | €434,168 | €475,353 | +€41,184 | +9.5% |
| Other amounts receivable | 41 | €45,799 | €157,740 | +€111,941 | +244% |
| Cash at bank and in hand | 54/58 | €7,345 | - | -€7,345 | |
| Deferred charges and accrued income | 490/1 | €4,645 | €32,367 | +€27,723 | +597% |
| Total equity and liabilities | 10/49 | €1,054,986 | €1,207,531 | +€152,545 | +14.5% |
| Equity | 10/15 | €327,751 | €266,707 | -€61,045 | -18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €309,151 | €248,107 | -€61,045 | -19.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €307,291 | €246,247 | -€61,045 | -19.9% |
| Amounts payable | 17/49 | €727,234 | €940,824 | +€213,590 | +29.4% |
| Amounts payable after more than one year | 17 | €303,498 | €137,066 | -€166,432 | -54.8% |
| Financial debts | 170/4 | €303,498 | €137,066 | -€166,432 | -54.8% |
| Amounts payable within one year | 42/48 | €423,737 | €803,758 | +€380,022 | +89.7% |
| Current portion of amounts payable after more than one year | 42 | €40,864 | €41,487 | +€623 | +1.5% |
| Financial debts | 43 | €8,524 | €147,495 | +€138,971 | +1,630% |
| Credit institutions | 430/8 | €8,524 | €22,495 | +€13,971 | +164% |
| Other loans | 439 | - | €125,000 | +€125,000 | |
| Trade debts | 44 | €248,829 | €319,579 | +€70,750 | +28.4% |
| Suppliers | 440/4 | €248,829 | €319,579 | +€70,750 | +28.4% |
| Taxes, remuneration and social security | 45 | €125,520 | €205,197 | +€79,677 | +63.5% |
| Taxes | 450/3 | €117,936 | €201,110 | +€83,174 | +70.5% |
| Remuneration and social security | 454/9 | €7,584 | €4,086 | -€3,497 | -46.1% |
| Other amounts payable | 47/48 | - | €90,000 | +€90,000 | |
| Non-recurring operating income | 76A | €7,436 | €55,590 | +€48,154 | +648% |
| Remuneration, social security and pensions | 62 | €22,307 | €16,438 | -€5,869 | -26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,967 | €92,529 | +€6,562 | +7.6% |
| Other operating charges | 640/8 | €6,772 | €82,295 | +€75,523 | +1,115% |
| Non-recurring operating charges | 66A | €9,059 | - | -€9,059 | |
| Gross operating margin | 9900 | €278,042 | €298,063 | +€20,020 | +7.2% |
| Operating profit (loss) | 9901 | €153,937 | €106,800 | -€47,136 | -30.6% |
| Financial income | 75/76B | - | €5,124 | +€5,124 | |
| Recurring financial income | 75 | - | €5,124 | +€5,124 | |
| Financial charges | 65/66B | €19,504 | €25,979 | +€6,475 | +33.2% |
| Recurring financial charges | 65 | €19,504 | €25,979 | +€6,475 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €134,433 | €85,946 | -€48,487 | -36.1% |
| Income taxes | 67/77 | €42,985 | €56,990 | +€14,005 | +32.6% |
| Profit (loss) for the period | 9904 | €91,448 | €28,955 | -€62,492 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €91,448 | €28,955 | -€62,492 | -68.3% |
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 24 October 2026 via checked.be.