FRAP 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.
FRAP Architects
Largest movements
- Receivables within one year +€44,720
up €44,720 (+93.5%), from €47,843 to €92,563
of which Other amounts receivable: +€34,642
- Cash -€2,526
down €2,526 (-61.4%), from €4,113 to €1,587
mainly Receivables within one year (-€44,720) and Other debts (-€12,480)
- Tangible fixed assets -€1,066
down €1,066 (-10.8%), from €9,906 to €8,840
of which Other tangible fixed assets: -€922
- Trade debts +€21,917
up €21,917 (+240.2%), from €9,123 to €31,040
- Profit (loss) carried forward +€13,760
up €13,760 (+65.3%), from -€21,081 to -€7,321
- Other debts -€12,480
no longer reported in 2025 (was €12,480)
- Tax, wage and social debts +€11,038
up €11,038 (+167.6%), from €6,587 to €17,624
- Accrued charges and deferred income +€6,894
new in 2025: €6,894
- Gross operating margin +€11,454
up €11,454 (+286.7%), from €3,996 to €15,450
- Depreciation +€428
up €428 (+67.0%), from €638 to €1,066
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.
Cash bridge derived
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 | €61,862 | €102,990 | +€41,128 | +66.5% |
| Fixed assets | 21/28 | €9,906 | €8,840 | -€1,066 | -10.8% |
| Tangible fixed assets | 22/27 | €9,906 | €8,840 | -€1,066 | -10.8% |
| Plant, machinery and equipment | 23 | €840 | €696 | -€144 | -17.1% |
| Other tangible fixed assets | 26 | €9,066 | €8,144 | -€922 | -10.2% |
| Current assets | 29/58 | €51,956 | €94,150 | +€42,194 | +81.2% |
| Amounts receivable within one year | 40/41 | €47,843 | €92,563 | +€44,720 | +93.5% |
| Trade receivables | 40 | €28,982 | €39,059 | +€10,078 | +34.8% |
| Other amounts receivable | 41 | €18,861 | €53,503 | +€34,642 | +183.7% |
| Cash at bank and in hand | 54/58 | €4,113 | €1,587 | -€2,526 | -61.4% |
| Total equity and liabilities | 10/49 | €61,862 | €102,990 | +€41,128 | +66.5% |
| Equity | 10/15 | €33,672 | €47,432 | +€13,760 | +40.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,353 | €42,353 | = | 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% |
| Distributable reserves | 133 | €40,493 | €40,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,081 | -€7,321 | +€13,760 | +65.3% |
| Amounts payable | 17/49 | €28,190 | €55,558 | +€27,368 | +97.1% |
| Amounts payable within one year | 42/48 | €28,190 | €48,664 | +€20,474 | +72.6% |
| Trade debts | 44 | €9,123 | €31,040 | +€21,917 | +240.2% |
| Suppliers | 440/4 | €9,123 | €31,040 | +€21,917 | +240.2% |
| Taxes, remuneration and social security | 45 | €6,587 | €17,624 | +€11,038 | +167.6% |
| Taxes | 450/3 | €6,587 | €17,624 | +€11,038 | +167.6% |
| Other amounts payable | 47/48 | €12,480 | - | -€12,480 | |
| Accrued charges and deferred income | 492/3 | - | €6,894 | +€6,894 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €638 | €1,066 | +€428 | +67.0% |
| Other operating charges | 640/8 | €537 | €431 | -€106 | -19.7% |
| Gross operating margin | 9900 | €3,996 | €15,450 | +€11,454 | +286.7% |
| Operating profit (loss) | 9901 | €2,821 | €13,954 | +€11,132 | +394.6% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €300 | €194 | -€106 | -35.4% |
| Recurring financial charges | 65 | €300 | €194 | -€106 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €2,559 | €13,760 | +€11,201 | +437.6% |
| Profit (loss) for the period | 9904 | €2,559 | €13,760 | +€11,201 | +437.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,559 | €13,760 | +€11,201 | +437.6% |
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 9 October 2026 via checked.be.