GREGORY CREFCOEUR 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.
GREGORY CREFCOEUR ARCHITECTE
Largest movements
- Tangible fixed assets -€8,053
down €8,053 (-26.4%), from €30,557 to €22,505
of which Furniture and vehicles: -€7,424
- Receivables within one year +€3,161
up €3,161 (+6.3%), from €49,971 to €53,132
of which Trade receivables: +€3,158
- Cash +€2,850
up €2,850 (+32.5%), from €8,759 to €11,609
mainly Net result for the year (+€42,710) and Depreciation (+€8,358)
- Other debts -€1,744
down €1,744 (-2.3%), from €75,242 to €73,498
- Gross operating margin -€33,925
down €33,925 (-34.8%), from €97,558 to €63,633
- Taxes -€6,714
down €6,714 (-34.9%), from €19,228 to €12,514
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 | €90,604 | €88,932 | -€1,672 | -1.8% |
| Fixed assets | 21/28 | €30,732 | €22,680 | -€8,053 | -26.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €30,557 | €22,505 | -€8,053 | -26.4% |
| Plant, machinery and equipment | 23 | €20 | €0 | -€20 | -100% |
| Furniture and vehicles | 24 | €25,411 | €17,986 | -€7,424 | -29.2% |
| Other tangible fixed assets | 26 | €5,126 | €4,518 | -€608 | -11.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €59,872 | €66,253 | +€6,381 | +10.7% |
| Amounts receivable within one year | 40/41 | €49,971 | €53,132 | +€3,161 | +6.3% |
| Trade receivables | 40 | €49,946 | €53,104 | +€3,158 | +6.3% |
| Other amounts receivable | 41 | €25 | €28 | +€3 | +12.1% |
| Cash at bank and in hand | 54/58 | €8,759 | €11,609 | +€2,850 | +32.5% |
| Deferred charges and accrued income | 490/1 | €1,142 | €1,512 | +€370 | +32.4% |
| Total equity and liabilities | 10/49 | €90,604 | €88,932 | -€1,672 | -1.8% |
| Equity | 10/15 | €100 | €100 | = | 0.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Amounts payable | 17/49 | €90,504 | €88,832 | -€1,672 | -1.8% |
| Amounts payable within one year | 42/48 | €90,504 | €88,832 | -€1,672 | -1.8% |
| Trade debts | 44 | €477 | €452 | -€25 | -5.3% |
| Suppliers | 440/4 | €477 | €452 | -€25 | -5.3% |
| Taxes, remuneration and social security | 45 | €14,784 | €14,882 | +€97 | +0.7% |
| Taxes | 450/3 | €14,784 | €14,882 | +€97 | +0.7% |
| Other amounts payable | 47/48 | €75,242 | €73,498 | -€1,744 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,220 | €8,358 | +€137 | +1.7% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €97,558 | €63,633 | -€33,925 | -34.8% |
| Operating profit (loss) | 9901 | €89,338 | €55,275 | -€34,062 | -38.1% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €55 | €52 | -€3 | -5.5% |
| Recurring financial charges | 65 | €55 | €52 | -€3 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €89,285 | €55,224 | -€34,061 | -38.1% |
| Income taxes | 67/77 | €19,228 | €12,514 | -€6,714 | -34.9% |
| Profit (loss) for the period | 9904 | €70,057 | €42,710 | -€27,348 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,057 | €42,710 | -€27,348 | -39.0% |
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 17 October 2026 via checked.be.