G.H. ARCHITECTURE: what changed
What changed
G.H. ARCHITECTURE
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€52,789
2024 · €29,540+€23,249
Equity
€211,811
2024 · €159,890+€51,920
Cash
€4,022
2024 · €2,449+€1,573
Balance sheet total
€489,232
2024 · €469,496+€19,736
Largest movements
Assets
- Tangible fixed assets +€16,524
up €16,524 (+3.6%), from €459,240 to €475,764
of which Plant, machinery and equipment: +€32,515
Equity and liabilities
- Profit (loss) carried forward +€52,789
up €52,789 (+38.6%), from €136,826 to €189,614
- Debts after one year -€42,068
down €42,068 (-14.1%), from €299,275 to €257,207
of which Financial debts: -€42,068
- Tax, wage and social debts +€9,962
up €9,962 (+141%), from €7,056 to €17,018
Income statement
- Gross operating margin +€35,926
up €35,926 (+48.8%), from €73,676 to €109,602
- Taxes +€8,525
up €8,525 (+77.1%), from €11,056 to €19,580
- Depreciation +€2,777
up €2,777 (+11.6%), from €23,984 to €26,761
- Staff costs +€1,533
up €1,533 (+112%), from €1,367 to €2,901
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.
Result 2024
€29,540
Gross operating margin
+€35,926
Staff costs
-€1,533
Depreciation
-€2,777
Other operating charges
-€442
Financial income
+€0
Financial charges
+€599
Taxes
-€8,525
Result 2025
€52,789
raises the resultlowers the result
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.
From operations
+€87,794
Investment
-€43,284
Financing
-€42,936
Cash 2024
€2,449
From operations (derived)
+€87,794
Net result for the year
+€52,789
Depreciation
+€26,761
Receivables within one year
-€2,095
Deferred charges and accrued income
+€457
Provisions
-€355
Trade debts
+€276
Tax, wage and social debts
+€9,962
Investment (derived)
-€43,284
Investment in fixed assets (net)
-€43,284
Financing
-€42,936
Debts after one year
-€42,068
Contributions, distributions and other
-€868
Cash 2025
€4,022
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €469,496 | €489,232 | +€19,736 | +4.2% |
| Fixed assets | 21/28 | €459,240 | €475,764 | +€16,524 | +3.6% |
| Tangible fixed assets | 22/27 | €459,240 | €475,764 | +€16,524 | +3.6% |
| Land and buildings | 22 | €402,050 | €387,304 | -€14,746 | -3.7% |
| Plant, machinery and equipment | 23 | €48,214 | €80,729 | +€32,515 | +67.4% |
| Furniture and vehicles | 24 | €8,976 | €7,731 | -€1,245 | -13.9% |
| Current assets | 29/58 | €10,256 | €13,468 | +€3,212 | +31.3% |
| Amounts receivable within one year | 40/41 | €5,426 | €7,521 | +€2,095 | +38.6% |
| Trade receivables | 40 | €3,646 | €597 | -€3,049 | -83.6% |
| Other amounts receivable | 41 | €1,780 | €6,924 | +€5,144 | +289% |
| Cash at bank and in hand | 54/58 | €2,449 | €4,022 | +€1,573 | +64.3% |
| Deferred charges and accrued income | 490/1 | €2,381 | €1,924 | -€457 | -19.2% |
| Total equity and liabilities | 10/49 | €469,496 | €489,232 | +€19,736 | +4.2% |
| Equity | 10/15 | €159,890 | €211,811 | +€51,920 | +32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €136,826 | €189,614 | +€52,789 | +38.6% |
| Investment grants | 15 | €2,605 | €1,737 | -€868 | -33.3% |
| Provisions and deferred taxes | 16 | €1,064 | €709 | -€355 | -33.4% |
| Deferred taxes | 168 | €1,064 | €709 | -€355 | -33.4% |
| Amounts payable | 17/49 | €308,542 | €276,712 | -€31,829 | -10.3% |
| Amounts payable after more than one year | 17 | €299,275 | €257,207 | -€42,068 | -14.1% |
| Financial debts | 170/4 | €297,435 | €255,367 | -€42,068 | -14.1% |
| Other amounts payable | 178/9 | €1,840 | €1,840 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,267 | €19,505 | +€10,238 | +110% |
| Trade debts | 44 | €407 | €683 | +€276 | +68.0% |
| Suppliers | 440/4 | €407 | €683 | +€276 | +68.0% |
| Taxes, remuneration and social security | 45 | €7,056 | €17,018 | +€9,962 | +141% |
| Taxes | 450/3 | €7,056 | €17,018 | +€9,962 | +141% |
| Other amounts payable | 47/48 | €1,805 | €1,805 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,367 | €2,901 | +€1,533 | +112% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,984 | €26,761 | +€2,777 | +11.6% |
| Other operating charges | 640/8 | €3,860 | €4,302 | +€442 | +11.4% |
| Gross operating margin | 9900 | €73,676 | €109,602 | +€35,926 | +48.8% |
| Operating profit (loss) | 9901 | €44,465 | €75,638 | +€31,174 | +70.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,092 | €4,493 | -€599 | -11.8% |
| Recurring financial charges | 65 | €5,092 | €4,493 | -€599 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €39,373 | €71,146 | +€31,773 | +80.7% |
| Transfer from deferred taxes | 780 | €1,223 | €1,223 | = | 0.0% |
| Income taxes | 67/77 | €11,056 | €19,580 | +€8,525 | +77.1% |
| Profit (loss) for the period | 9904 | €29,540 | €52,789 | +€23,249 | +78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,540 | €52,789 | +€23,249 | +78.7% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 1 November 2026 via checked.be.