crA+fts: what changed
What changed
crA+fts
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€96,608
2025 · €141,650-€45,042
Equity
€617,626
2025 · €583,457+€34,168
Cash
€39,023
2025 · €81,809-€42,786
Balance sheet total
€1.4m
2025 · €1.5m-€93,909
Largest movements
Assets
- Tangible fixed assets -€72,456
down €72,456 (-14.1%), from €513,339 to €440,883
- Cash -€42,786
down €42,786 (-52.3%), from €81,809 to €39,023
mainly Debts after one year (-€118,609) and Contributions, distributions and other (-€62,439)
- Deferred charges and accrued income +€14,904
up €14,904 (+50.8%), from €29,367 to €44,271
Equity and liabilities
- Debts after one year -€118,609
down €118,609 (-21.2%), from €558,514 to €439,905
- Trade debts +€36,769
up €36,769 (+62.9%), from €58,495 to €95,265
- Reserves +€34,168
up €34,168 (+6.0%), from €566,097 to €600,265
of which Distributable reserves: +€34,168
- Short-term financial debts -€25,057
down €25,057 (-29.4%), from €85,143 to €60,087
Income statement
- Gross operating margin -€72,827
down €72,827 (-16.3%), from €445,999 to €373,172
- Taxes -€19,151
down €19,151 (-28.2%), from €67,960 to €48,808
- Depreciation -€10,295
down €10,295 (-14.6%), from €70,299 to €60,004
- Financial charges -€7,233
down €7,233 (-20.9%), from €34,678 to €27,445
Change in the result, 2025 to 2026
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 2025
€141,650
Gross operating margin
-€72,827
Staff costs
-€3,738
Depreciation
+€10,295
Other operating charges
-€3,221
Financial income
-€1,936
Financial charges
+€7,233
Taxes
+€19,151
Result 2026
€96,608
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€163,648
Investment
+€12,452
Financing
-€218,886
Cash 2025
€81,809
From operations (derived)
+€163,648
Net result for the year
+€96,608
Depreciation
+€60,004
Receivables within one year
-€6,429
Deferred charges and accrued income
-€14,904
Trade debts
+€36,769
Tax, wage and social debts
-€8,527
Other debts
+€127
Investment (derived)
+€12,452
Investment in fixed assets (net)
+€12,452
Financing
-€218,886
Debts after one year
-€118,609
Current portion of long-term debt
-€12,781
Short-term financial debts
-€25,057
Contributions, distributions and other
-€62,439
Cash 2026
€39,023
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,457,235 | €1,363,326 | -€93,909 | -6.4% |
| Fixed assets | 21/28 | €1,063,339 | €990,883 | -€72,456 | -6.8% |
| Tangible fixed assets | 22/27 | €513,339 | €440,883 | -€72,456 | -14.1% |
| Land and buildings | 22 | €363,082 | €343,643 | -€19,439 | -5.4% |
| Plant, machinery and equipment | 23 | €2,939 | €1,185 | -€1,754 | -59.7% |
| Furniture and vehicles | 24 | €96,313 | €69,424 | -€26,889 | -27.9% |
| Leasing and similar rights | 25 | €6,873 | €0 | -€6,873 | -100% |
| Other tangible fixed assets | 26 | €44,132 | €26,631 | -€17,501 | -39.7% |
| Financial fixed assets | 28 | €550,000 | €550,000 | = | 0.0% |
| Current assets | 29/58 | €393,896 | €372,443 | -€21,453 | -5.4% |
| Amounts receivable after more than one year | 29 | €172,146 | €172,146 | = | 0.0% |
| Other amounts receivable | 291 | €172,146 | €172,146 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €110,574 | €117,003 | +€6,429 | +5.8% |
| Trade receivables | 40 | €37,627 | €61,350 | +€23,724 | +63.1% |
| Other amounts receivable | 41 | €72,947 | €55,653 | -€17,294 | -23.7% |
| Cash at bank and in hand | 54/58 | €81,809 | €39,023 | -€42,786 | -52.3% |
| Deferred charges and accrued income | 490/1 | €29,367 | €44,271 | +€14,904 | +50.8% |
| Total equity and liabilities | 10/49 | €1,457,235 | €1,363,326 | -€93,909 | -6.4% |
| Equity | 10/15 | €583,457 | €617,626 | +€34,168 | +5.9% |
| Contributions | 10/11 | €17,361 | €17,361 | = | 0.0% |
| Reserves | 13 | €566,097 | €600,265 | +€34,168 | +6.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €542,097 | €576,265 | +€34,168 | +6.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €873,778 | €745,700 | -€128,077 | -14.7% |
| Amounts payable after more than one year | 17 | €558,514 | €439,905 | -€118,609 | -21.2% |
| Financial debts | 170/4 | €558,514 | €439,905 | -€118,609 | -21.2% |
| Amounts payable within one year | 42/48 | €315,263 | €305,795 | -€9,468 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €131,390 | €118,609 | -€12,781 | -9.7% |
| Financial debts | 43 | €85,143 | €60,087 | -€25,057 | -29.4% |
| Credit institutions | 430/8 | €85,143 | €60,087 | -€25,057 | -29.4% |
| Trade debts | 44 | €58,495 | €95,265 | +€36,769 | +62.9% |
| Suppliers | 440/4 | €58,495 | €95,265 | +€36,769 | +62.9% |
| Taxes, remuneration and social security | 45 | €36,379 | €27,853 | -€8,527 | -23.4% |
| Taxes | 450/3 | €20,936 | €11,547 | -€9,388 | -44.8% |
| Remuneration and social security | 454/9 | €15,444 | €16,306 | +€862 | +5.6% |
| Other amounts payable | 47/48 | €3,855 | €3,982 | +€127 | +3.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €21,650 | €6,696 | -€14,954 | -69.1% |
| Remuneration, social security and pensions | 62 | €131,513 | €135,251 | +€3,738 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,299 | €60,004 | -€10,295 | -14.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €7,959 | €11,180 | +€3,221 | +40.5% |
| Gross operating margin | 9900 | €445,999 | €373,172 | -€72,827 | -16.3% |
| Operating profit (loss) | 9901 | €236,229 | €166,738 | -€69,491 | -29.4% |
| Financial income | 75/76B | €8,059 | €6,124 | -€1,936 | -24.0% |
| Recurring financial income | 75 | €8,059 | €6,124 | -€1,936 | -24.0% |
| Financial charges | 65/66B | €34,678 | €27,445 | -€7,233 | -20.9% |
| Recurring financial charges | 65 | €34,678 | €27,445 | -€7,233 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €209,610 | €145,416 | -€64,194 | -30.6% |
| Income taxes | 67/77 | €67,960 | €48,808 | -€19,151 | -28.2% |
| Profit (loss) for the period | 9904 | €141,650 | €96,608 | -€45,042 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €141,650 | €96,608 | -€45,042 | -31.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.