DE BLAY ARCHITECT: 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 BLAY ARCHITECT
Largest movements
- Receivables within one year +€132,988
up €132,988 (+396%), from €33,570 to €166,558
of which Other amounts receivable: +€92,988
- Tangible fixed assets -€84,593
down €84,593 (-32.3%), from €262,239 to €177,646
of which Land and buildings: -€42,692
- Debts after one year -€49,361
down €49,361 (-26.8%), from €184,399 to €135,038
- Trade debts +€48,531
up €48,531 (+88.2%), from €54,995 to €103,526
- Reserves +€26,885
up €26,885 (+37.9%), from €71,003 to €97,888
of which Distributable reserves: +€26,885
- Other debts +€21,999
up €21,999 (+65.7%), from €33,472 to €55,471
- Current portion of long-term debt -€8,736
down €8,736 (-18.0%), from €48,452 to €39,717
- Gross operating margin +€34,950
up €34,950 (+37.1%), from €94,201 to €129,151
- Taxes +€10,215
up €10,215 (+113%), from €9,026 to €19,241
- Depreciation -€1,828
down €1,828 (-3.8%), from €48,701 to €46,873
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 | €536,630 | €584,904 | +€48,273 | +9.0% |
| Fixed assets | 21/28 | €297,239 | €212,646 | -€84,593 | -28.5% |
| Tangible fixed assets | 22/27 | €262,239 | €177,646 | -€84,593 | -32.3% |
| Land and buildings | 22 | €102,396 | €59,704 | -€42,692 | -41.7% |
| Leasing and similar rights | 25 | €155,156 | €113,613 | -€41,544 | -26.8% |
| Other tangible fixed assets | 26 | €4,686 | €4,330 | -€356 | -7.6% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €239,392 | €372,258 | +€132,866 | +55.5% |
| Amounts receivable after more than one year | 29 | €205,700 | €205,700 | = | 0.0% |
| Other amounts receivable | 291 | €205,700 | €205,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,570 | €166,558 | +€132,988 | +396% |
| Trade receivables | 40 | €0 | €40,000 | +€40,000 | |
| Other amounts receivable | 41 | €33,570 | €126,558 | +€92,988 | +277% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €122 | €0 | -€122 | -100% |
| Total equity and liabilities | 10/49 | €536,630 | €584,904 | +€48,273 | +9.0% |
| Equity | 10/15 | €83,284 | €110,169 | +€26,885 | +32.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,003 | €97,888 | +€26,885 | +37.9% |
| 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 | €69,143 | €96,028 | +€26,885 | +38.9% |
| Profit (loss) carried forward | 14 | €6,081 | €6,081 | = | 0.0% |
| Provisions and deferred taxes | 16 | €48,665 | €48,665 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €48,665 | €48,665 | = | 0.0% |
| Pensions and similar obligations | 160 | €48,665 | €48,665 | = | 0.0% |
| Amounts payable | 17/49 | €404,681 | €426,069 | +€21,388 | +5.3% |
| Amounts payable after more than one year | 17 | €184,399 | €135,038 | -€49,361 | -26.8% |
| Financial debts | 170/4 | €184,399 | €135,038 | -€49,361 | -26.8% |
| Amounts payable within one year | 42/48 | €198,315 | €268,610 | +€70,295 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €48,452 | €39,717 | -€8,736 | -18.0% |
| Financial debts | 43 | €40,103 | €40,027 | -€75 | -0.2% |
| Credit institutions | 430/8 | €40,103 | €40,027 | -€75 | -0.2% |
| Trade debts | 44 | €54,995 | €103,526 | +€48,531 | +88.2% |
| Suppliers | 440/4 | €54,995 | €103,526 | +€48,531 | +88.2% |
| Taxes, remuneration and social security | 45 | €21,292 | €29,869 | +€8,577 | +40.3% |
| Taxes | 450/3 | €21,292 | €29,869 | +€8,577 | +40.3% |
| Other amounts payable | 47/48 | €33,472 | €55,471 | +€21,999 | +65.7% |
| Accrued charges and deferred income | 492/3 | €21,968 | €22,422 | +€454 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,701 | €46,873 | -€1,828 | -3.8% |
| Other operating charges | 640/8 | €8,724 | €7,476 | -€1,248 | -14.3% |
| Gross operating margin | 9900 | €94,201 | €129,151 | +€34,950 | +37.1% |
| Operating profit (loss) | 9901 | €36,776 | €74,802 | +€38,026 | +103% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100% |
| Financial charges | 65/66B | €10,076 | €9,099 | -€976 | -9.7% |
| Recurring financial charges | 65 | €10,076 | €9,099 | -€976 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €26,706 | €65,703 | +€38,997 | +146% |
| Income taxes | 67/77 | €9,026 | €19,241 | +€10,215 | +113% |
| Profit (loss) for the period | 9904 | €17,680 | €46,461 | +€28,782 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €17,680 | €46,461 | +€28,782 | +163% |
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 24 October 2026 via checked.be.