ELLEN TEMMERMAN ARCHITECTE: 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.
ELLEN TEMMERMAN ARCHITECTE
Largest movements
- Tangible fixed assets +€26,563
up €26,563 (+8.8%), from €301,489 to €328,052
of which Land and buildings: +€30,325
- Current investments -€12,000
no longer reported in 2025 (was €12,000)
- Receivables within one year -€7,783
down €7,783 (-39.7%), from €19,599 to €11,816
of which Trade receivables: -€9,680
- Cash +€5,295
up €5,295 (+28.1%), from €18,853 to €24,148
mainly Depreciation (+€30,388) and Debts after one year (+€17,025)
- Debts after one year +€17,025
up €17,025 (+111%), from €15,315 to €32,340
- Tax, wage and social debts -€6,816
down €6,816 (-93.2%), from €7,311 to €495
of which Taxes: -€7,311
- Other debts +€4,918
up €4,918 (+6.5%), from €75,819 to €80,737
- Trade debts -€4,672
no longer reported in 2025 (was €4,672)
- Gross operating margin -€34,660
down €34,660 (-47.8%), from €72,526 to €37,866
- Taxes -€9,789
down €9,789 (-79.4%), from €12,334 to €2,545
- Depreciation -€4,399
down €4,399 (-12.6%), from €34,787 to €30,388
- Financial charges -€3,620
down €3,620 (-66.0%), from €5,483 to €1,863
- Other operating charges -€2,401
down €2,401 (-56.6%), from €4,246 to €1,845
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 | €355,200 | €367,241 | +€12,041 | +3.4% |
| Fixed assets | 21/28 | €303,989 | €330,552 | +€26,563 | +8.7% |
| Tangible fixed assets | 22/27 | €301,489 | €328,052 | +€26,563 | +8.8% |
| Land and buildings | 22 | €102,797 | €133,122 | +€30,325 | +29.5% |
| Plant, machinery and equipment | 23 | €174,603 | €175,494 | +€891 | +0.5% |
| Furniture and vehicles | 24 | €24,089 | €19,436 | -€4,653 | -19.3% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €51,211 | €36,689 | -€14,522 | -28.4% |
| Amounts receivable within one year | 40/41 | €19,599 | €11,816 | -€7,783 | -39.7% |
| Trade receivables | 40 | €9,955 | €275 | -€9,680 | -97.2% |
| Other amounts receivable | 41 | €9,644 | €11,541 | +€1,897 | +19.7% |
| Current investments | 50/53 | €12,000 | - | -€12,000 | |
| Cash at bank and in hand | 54/58 | €18,853 | €24,148 | +€5,295 | +28.1% |
| Deferred charges and accrued income | 490/1 | €759 | €724 | -€35 | -4.6% |
| Total equity and liabilities | 10/49 | €355,200 | €367,241 | +€12,041 | +3.4% |
| Equity | 10/15 | €230,928 | €232,552 | +€1,624 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,328 | €212,328 | +€0 | 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% |
| Tax-exempt reserves | 132 | €7,432 | €7,432 | -€0 | 0.0% |
| Distributable reserves | 133 | €203,036 | €203,037 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,624 | +€1,624 | |
| Provisions and deferred taxes | 16 | €2,410 | €2,410 | +€0 | 0.0% |
| Deferred taxes | 168 | €2,410 | €2,410 | +€0 | 0.0% |
| Amounts payable | 17/49 | €121,862 | €132,279 | +€10,417 | +8.5% |
| Amounts payable after more than one year | 17 | €15,315 | €32,340 | +€17,025 | +111% |
| Financial debts | 170/4 | €15,315 | €32,340 | +€17,025 | +111% |
| Amounts payable within one year | 42/48 | €98,516 | €91,907 | -€6,609 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €10,714 | €10,675 | -€39 | -0.4% |
| Trade debts | 44 | €4,672 | - | -€4,672 | |
| Suppliers | 440/4 | €4,672 | - | -€4,672 | |
| Taxes, remuneration and social security | 45 | €7,311 | €495 | -€6,816 | -93.2% |
| Taxes | 450/3 | €7,311 | - | -€7,311 | |
| Remuneration and social security | 454/9 | - | €495 | +€495 | |
| Other amounts payable | 47/48 | €75,819 | €80,737 | +€4,918 | +6.5% |
| Accrued charges and deferred income | 492/3 | €8,031 | €8,032 | +€1 | 0.0% |
| Non-recurring operating income | 76A | €36,702 | €65 | -€36,637 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,787 | €30,388 | -€4,399 | -12.6% |
| Other operating charges | 640/8 | €4,246 | €1,845 | -€2,401 | -56.6% |
| Gross operating margin | 9900 | €72,526 | €37,866 | -€34,660 | -47.8% |
| Operating profit (loss) | 9901 | €33,493 | €5,633 | -€27,860 | -83.2% |
| Financial income | 75/76B | €61 | €399 | +€338 | +554% |
| Recurring financial income | 75 | €61 | €399 | +€338 | +554% |
| Financial charges | 65/66B | €5,483 | €1,863 | -€3,620 | -66.0% |
| Recurring financial charges | 65 | €5,483 | €1,863 | -€3,620 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | €28,071 | €4,169 | -€23,902 | -85.1% |
| Transfer from deferred taxes | 780 | €89 | - | -€89 | |
| Income taxes | 67/77 | €12,334 | €2,545 | -€9,789 | -79.4% |
| Profit (loss) for the period | 9904 | €15,826 | €1,624 | -€14,202 | -89.7% |
| Transfer from tax-exempt reserves | 789 | €275 | - | -€275 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,101 | €1,624 | -€14,477 | -89.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.