D44 ARCHITECTURE: what changed
D44 ARCHITECTURE
Largest movements
- Cash +€31,447
up €31,447 (+124%), from €25,357 to €56,804
mainly Net result for the year (+€47,000) and Investment in fixed assets (net) (+€8,824)
- Tangible fixed assets -€9,972
down €9,972 (-58.6%), from €17,024 to €7,052
of which Furniture and vehicles: -€9,353
- Receivables within one year +€3,968
up €3,968 (+27.1%), from €14,661 to €18,629
of which Other amounts receivable: +€6,193
- Deferred charges and accrued income +€1,223
new in 2025: €1,223
- Reserves +€33,480
up €33,480 (+148%), from €22,563 to €56,043
- Other debts -€20,165
no longer reported in 2025 (was €20,165)
- Profit (loss) carried forward +€13,520
no longer reported in 2025 (was -€13,520)
- Tax, wage and social debts +€8,212
up €8,212 (+587%), from €1,399 to €9,611
- Current portion of long-term debt -€7,762
no longer reported in 2025 (was €7,762)
- Gross operating margin +€60,018
up €60,018 (+1,431%), from €4,193 to €64,212
- Taxes +€14,225
up €14,225 (+2,422%), from €587 to €14,812
- Depreciation -€13,359
down €13,359 (-92.1%), from €14,507 to €1,148
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 | €58,603 | €85,269 | +€26,666 | +45.5% |
| Fixed assets | 21/28 | €18,585 | €8,613 | -€9,972 | -53.7% |
| Tangible fixed assets | 22/27 | €17,024 | €7,052 | -€9,972 | -58.6% |
| Land and buildings | 22 | €2,055 | €1,918 | -€137 | -6.7% |
| Furniture and vehicles | 24 | €11,444 | €2,091 | -€9,353 | -81.7% |
| Other tangible fixed assets | 26 | €3,525 | €3,043 | -€482 | -13.7% |
| Financial fixed assets | 28 | €1,561 | €1,561 | = | 0.0% |
| Current assets | 29/58 | €40,018 | €76,656 | +€36,638 | +91.6% |
| Amounts receivable within one year | 40/41 | €14,661 | €18,629 | +€3,968 | +27.1% |
| Trade receivables | 40 | €4,179 | €1,954 | -€2,225 | -53.2% |
| Other amounts receivable | 41 | €10,482 | €16,675 | +€6,193 | +59.1% |
| Cash at bank and in hand | 54/58 | €25,357 | €56,804 | +€31,447 | +124% |
| Deferred charges and accrued income | 490/1 | - | €1,223 | +€1,223 | |
| Total equity and liabilities | 10/49 | €58,603 | €85,269 | +€26,666 | +45.5% |
| Equity | 10/15 | €27,643 | €74,643 | +€47,000 | +170% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,563 | €56,043 | +€33,480 | +148% |
| Distributable reserves | 133 | €22,563 | €56,043 | +€33,480 | +148% |
| Profit (loss) carried forward | 14 | -€13,520 | - | +€13,520 | |
| Amounts payable | 17/49 | €30,960 | €10,626 | -€20,334 | -65.7% |
| Amounts payable within one year | 42/48 | €30,960 | €10,626 | -€20,334 | -65.7% |
| Current portion of amounts payable after more than one year | 42 | €7,762 | - | -€7,762 | |
| Trade debts | 44 | €1,634 | €1,015 | -€619 | -37.9% |
| Suppliers | 440/4 | €1,634 | €1,015 | -€619 | -37.9% |
| Taxes, remuneration and social security | 45 | €1,399 | €9,611 | +€8,212 | +587% |
| Taxes | 450/3 | €1,399 | €9,611 | +€8,212 | +587% |
| Other amounts payable | 47/48 | €20,165 | - | -€20,165 | |
| Non-recurring operating income | 76A | €34 | €28,366 | +€28,332 | +82,963% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,507 | €1,148 | -€13,359 | -92.1% |
| Other operating charges | 640/8 | €795 | €541 | -€253 | -31.9% |
| Gross operating margin | 9900 | €4,193 | €64,212 | +€60,018 | +1,431% |
| Operating profit (loss) | 9901 | -€11,108 | €62,522 | +€73,630 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €798 | €710 | -€87 | -11.0% |
| Recurring financial charges | 65 | €798 | €710 | -€87 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,906 | €61,812 | +€73,717 | |
| Income taxes | 67/77 | €587 | €14,812 | +€14,225 | +2,422% |
| Profit (loss) for the period | 9904 | -€12,493 | €47,000 | +€59,493 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,493 | €47,000 | +€59,493 |
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 8 November 2026 via checked.be.