CEMAGO Architecte: what changed
What changed
CEMAGO Architecte
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€117,308
2024 · -€27,744+€145,052
Equity
€105,423
2024 · €138,115-€32,692
Cash
€198,706
2024 · €105,412+€93,293
Balance sheet total
€263,660
2024 · €151,544+€112,115
Largest movements
Assets
- Cash +€93,293
up €93,293 (+88.5%), from €105,412 to €198,706
mainly Net result for the year (+€117,308) and Other debts (+€93,400)
- Receivables within one year +€19,413
up €19,413 (+211%), from €9,186 to €28,599
of which Trade receivables: +€21,252
Equity and liabilities
- Other debts +€93,400
up €93,400 (+104,944%), from €89 to €93,489
- Tax, wage and social debts +€57,812
up €57,812 (+6,403%), from €903 to €58,715
- Profit (loss) carried forward -€32,692
down €32,692 (-26.4%), from €123,855 to €91,163
- Trade debts -€10,166
down €10,166 (-93.3%), from €10,900 to €734
Income statement
- Gross operating margin +€165,967
up €165,967, from -€12,168 to €153,800
- Taxes +€26,839
new in 2025: €26,839
- Write-downs -€6,600
new in 2025: -€6,600
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.
Result 2024
-€27,744
Gross operating margin
+€165,967
Depreciation
-€664
Write-downs
+€6,600
Other operating charges
+€1
Financial income
+€89
Financial charges
-€102
Taxes
-€26,839
Result 2025
€117,308
raises the resultlowers the result
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.
From operations
+€256,004
Investment
-€16,472
Financing
-€146,239
Cash 2024
€105,412
From operations (derived)
+€256,004
Net result for the year
+€117,308
Depreciation
+€14,818
Receivables within one year
-€19,413
Deferred charges and accrued income
+€2,244
Trade debts
-€10,166
Tax, wage and social debts
+€57,812
Other debts
+€93,400
Investment (derived)
-€16,472
Investment in fixed assets (net)
-€16,472
Financing
-€146,239
Debts after one year
+€1,799
Current portion of long-term debt
+€1,962
Contributions, distributions and other
-€150,000
Cash 2025
€198,706
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,544 | €263,660 | +€112,115 | +74.0% |
| Fixed assets | 21/28 | €26,415 | €28,068 | +€1,653 | +6.3% |
| Tangible fixed assets | 22/27 | €26,377 | €28,031 | +€1,653 | +6.3% |
| Plant, machinery and equipment | 23 | €1,709 | €5,555 | +€3,847 | +225% |
| Furniture and vehicles | 24 | €24,669 | €22,475 | -€2,194 | -8.9% |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €125,129 | €235,592 | +€110,462 | +88.3% |
| Amounts receivable within one year | 40/41 | €9,186 | €28,599 | +€19,413 | +211% |
| Trade receivables | 40 | €4,186 | €25,438 | +€21,252 | +508% |
| Other amounts receivable | 41 | €5,000 | €3,161 | -€1,839 | -36.8% |
| Cash at bank and in hand | 54/58 | €105,412 | €198,706 | +€93,293 | +88.5% |
| Deferred charges and accrued income | 490/1 | €10,531 | €8,287 | -€2,244 | -21.3% |
| Total equity and liabilities | 10/49 | €151,544 | €263,660 | +€112,115 | +74.0% |
| Equity | 10/15 | €138,115 | €105,423 | -€32,692 | -23.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,855 | €91,163 | -€32,692 | -26.4% |
| Amounts payable | 17/49 | €13,430 | €158,237 | +€144,807 | +1,078% |
| Amounts payable after more than one year | 17 | - | €1,799 | +€1,799 | |
| Financial debts | 170/4 | - | €1,799 | +€1,799 | |
| Amounts payable within one year | 42/48 | €13,430 | €156,438 | +€143,008 | +1,065% |
| Current portion of amounts payable after more than one year | 42 | €1,538 | €3,499 | +€1,962 | +128% |
| Trade debts | 44 | €10,900 | €734 | -€10,166 | -93.3% |
| Suppliers | 440/4 | €10,900 | €734 | -€10,166 | -93.3% |
| Taxes, remuneration and social security | 45 | €903 | €58,715 | +€57,812 | +6,403% |
| Taxes | 450/3 | €903 | €58,715 | +€57,812 | +6,403% |
| Other amounts payable | 47/48 | €89 | €93,489 | +€93,400 | +104,944% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,155 | €14,818 | +€664 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€6,600 | -€6,600 | |
| Other operating charges | 640/8 | €1,255 | €1,254 | -€1 | 0.0% |
| Gross operating margin | 9900 | -€12,168 | €153,800 | +€165,967 | |
| Operating profit (loss) | 9901 | -€27,577 | €144,327 | +€171,904 | |
| Financial income | 75/76B | €20 | €109 | +€89 | +447% |
| Recurring financial income | 75 | €20 | €109 | +€89 | +447% |
| Financial charges | 65/66B | €187 | €289 | +€102 | +54.7% |
| Recurring financial charges | 65 | €187 | €289 | +€102 | +54.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,744 | €144,147 | +€171,891 | |
| Income taxes | 67/77 | - | €26,839 | +€26,839 | |
| Profit (loss) for the period | 9904 | -€27,744 | €117,308 | +€145,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,744 | €117,308 | +€145,052 |
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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 2 November 2026 via checked.be.