de baes architects: 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.
de baes architects
Largest movements
- Cash +€131,879
up €131,879 (+129%), from €101,940 to €233,819
mainly Net result for the year (+€247,526) and Receivables within one year (+€123,860)
- Receivables within one year -€123,860
down €123,860 (-43.4%), from €285,503 to €161,643
of which Trade receivables: -€83,998
- Tangible fixed assets +€9,027
up €9,027 (+116%), from €7,808 to €16,836
of which Furniture and vehicles: +€8,202
- Accrued charges and deferred income -€104,887
down €104,887 (-100%), from €104,887 to €0
- Trade debts +€55,934
up €55,934 (+346%), from €16,163 to €72,097
- Other debts +€53,176
new in 2025: €53,176
- Reserves +€42,661
up €42,661 (+22.1%), from €192,865 to €235,526
- Tax, wage and social debts -€21,168
down €21,168 (-36.4%), from €58,147 to €36,979
- Gross operating margin +€63,741
up €63,741 (+28.4%), from €224,298 to €288,039
- Taxes -€7,914
down €7,914 (-17.9%), from €44,115 to €36,201
- Other operating charges -€3,456
down €3,456 (-88.5%), from €3,904 to €447
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 | €395,396 | €414,341 | +€18,945 | +4.8% |
| Fixed assets | 21/28 | €7,808 | €16,836 | +€9,027 | +116% |
| Tangible fixed assets | 22/27 | €7,808 | €16,836 | +€9,027 | +116% |
| Furniture and vehicles | 24 | €3,726 | €11,928 | +€8,202 | +220% |
| Other tangible fixed assets | 26 | €4,082 | €4,908 | +€826 | +20.2% |
| Current assets | 29/58 | €387,588 | €397,505 | +€9,917 | +2.6% |
| Amounts receivable within one year | 40/41 | €285,503 | €161,643 | -€123,860 | -43.4% |
| Trade receivables | 40 | €236,654 | €152,656 | -€83,998 | -35.5% |
| Other amounts receivable | 41 | €48,848 | €8,986 | -€39,862 | -81.6% |
| Cash at bank and in hand | 54/58 | €101,940 | €233,819 | +€131,879 | +129% |
| Deferred charges and accrued income | 490/1 | €145 | €2,044 | +€1,899 | +1,309% |
| Total equity and liabilities | 10/49 | €395,396 | €414,341 | +€18,945 | +4.8% |
| Equity | 10/15 | €207,865 | €250,526 | +€42,661 | +20.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €192,865 | €235,526 | +€42,661 | +22.1% |
| Distributable reserves | 133 | €192,865 | €235,526 | +€42,661 | +22.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €187,531 | €163,815 | -€23,716 | -12.6% |
| Amounts payable after more than one year | 17 | €2,083 | €0 | -€2,083 | -100% |
| Financial debts | 170/4 | €2,083 | €0 | -€2,083 | -100% |
| Amounts payable within one year | 42/48 | €80,560 | €163,815 | +€83,255 | +103% |
| Current portion of amounts payable after more than one year | 42 | €6,250 | €1,563 | -€4,687 | -75.0% |
| Trade debts | 44 | €16,163 | €72,097 | +€55,934 | +346% |
| Suppliers | 440/4 | €16,163 | €72,097 | +€55,934 | +346% |
| Taxes, remuneration and social security | 45 | €58,147 | €36,979 | -€21,168 | -36.4% |
| Taxes | 450/3 | €58,147 | €36,979 | -€21,168 | -36.4% |
| Other amounts payable | 47/48 | - | €53,176 | +€53,176 | |
| Accrued charges and deferred income | 492/3 | €104,887 | €0 | -€104,887 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €3,157 | +€2,621 | +488% |
| Other operating charges | 640/8 | €3,904 | €447 | -€3,456 | -88.5% |
| Gross operating margin | 9900 | €224,298 | €288,039 | +€63,741 | +28.4% |
| Operating profit (loss) | 9901 | €219,858 | €284,434 | +€64,576 | +29.4% |
| Financial income | 75/76B | €1,809 | €124 | -€1,685 | -93.1% |
| Recurring financial income | 75 | €1,809 | €124 | -€1,685 | -93.1% |
| Financial charges | 65/66B | €1,308 | €831 | -€476 | -36.4% |
| Recurring financial charges | 65 | €1,308 | €831 | -€476 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €220,360 | €283,727 | +€63,367 | +28.8% |
| Income taxes | 67/77 | €44,115 | €36,201 | -€7,914 | -17.9% |
| Profit (loss) for the period | 9904 | €176,244 | €247,526 | +€71,282 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €176,244 | €247,526 | +€71,282 | +40.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.