GREGORY VANASTEN - 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 VANASTEN - ARCHITECTE
Largest movements
- Cash +€18,838
up €18,838 (+54.0%), from €34,889 to €53,727
mainly Other debts (+€113,382) and Net result for the year (+€41,391)
- Tangible fixed assets -€17,768
down €17,768 (-15.3%), from €116,427 to €98,658
of which Land and buildings: -€16,533
- Deferred charges and accrued income -€3,795
down €3,795 (-87.8%), from €4,323 to €528
- Reserves -€127,270
down €127,270 (-100%), from €127,270 to €0
- Other debts +€113,382
up €113,382, from €0 to €113,382
- Debts after one year +€8,641
up €8,641 (+960%), from €900 to €9,541
of which Financial debts: +€8,641
- Current portion of long-term debt +€6,300
up €6,300 (+222%), from €2,838 to €9,138
- Trade debts -€4,786
down €4,786 (-55.0%), from €8,696 to €3,910
- Staff costs -€21,009
down €21,009 (-80.2%), from €26,184 to €5,175
- Gross operating margin +€10,861
up €10,861 (+14.8%), from €73,565 to €84,426
- Taxes +€7,203
up €7,203 (+162%), from €4,439 to €11,642
- Depreciation -€6,594
down €6,594 (-21.4%), from €30,768 to €24,173
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 | €170,910 | €169,512 | -€1,398 | -0.8% |
| Fixed assets | 21/28 | €116,602 | €98,833 | -€17,768 | -15.2% |
| Tangible fixed assets | 22/27 | €116,427 | €98,658 | -€17,768 | -15.3% |
| Land and buildings | 22 | €103,310 | €86,777 | -€16,533 | -16.0% |
| Furniture and vehicles | 24 | €9,630 | €8,984 | -€645 | -6.7% |
| Other tangible fixed assets | 26 | €3,487 | €2,897 | -€590 | -16.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €54,309 | €70,679 | +€16,370 | +30.1% |
| Amounts receivable within one year | 40/41 | €15,097 | €16,424 | +€1,327 | +8.8% |
| Trade receivables | 40 | €9,638 | €16,424 | +€6,785 | +70.4% |
| Other amounts receivable | 41 | €5,459 | €0 | -€5,459 | -100% |
| Cash at bank and in hand | 54/58 | €34,889 | €53,727 | +€18,838 | +54.0% |
| Deferred charges and accrued income | 490/1 | €4,323 | €528 | -€3,795 | -87.8% |
| Total equity and liabilities | 10/49 | €170,910 | €169,512 | -€1,398 | -0.8% |
| Equity | 10/15 | €145,870 | €18,600 | -€127,270 | -87.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,270 | €0 | -€127,270 | -100% |
| Distributable reserves | 133 | €127,270 | €0 | -€127,270 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,040 | €150,912 | +€125,872 | +503% |
| Amounts payable after more than one year | 17 | €900 | €9,541 | +€8,641 | +960% |
| Financial debts | 170/4 | €0 | €8,641 | +€8,641 | |
| Other amounts payable | 178/9 | €900 | €900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,348 | €140,562 | +€117,214 | +502% |
| Current portion of amounts payable after more than one year | 42 | €2,838 | €9,138 | +€6,300 | +222% |
| Trade debts | 44 | €8,696 | €3,910 | -€4,786 | -55.0% |
| Suppliers | 440/4 | €8,696 | €3,910 | -€4,786 | -55.0% |
| Taxes, remuneration and social security | 45 | €11,814 | €14,132 | +€2,318 | +19.6% |
| Taxes | 450/3 | €11,814 | €13,548 | +€1,734 | +14.7% |
| Remuneration and social security | 454/9 | €0 | €584 | +€584 | |
| Other amounts payable | 47/48 | €0 | €113,382 | +€113,382 | |
| Accrued charges and deferred income | 492/3 | €792 | €810 | +€18 | +2.2% |
| Remuneration, social security and pensions | 62 | €26,184 | €5,175 | -€21,009 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,768 | €24,173 | -€6,594 | -21.4% |
| Other operating charges | 640/8 | €1,026 | €1,796 | +€770 | +75.1% |
| Gross operating margin | 9900 | €73,565 | €84,426 | +€10,861 | +14.8% |
| Operating profit (loss) | 9901 | €15,588 | €53,281 | +€37,694 | +242% |
| Financial income | 75/76B | €534 | €754 | +€219 | +41.0% |
| Recurring financial income | 75 | €534 | €754 | +€219 | +41.0% |
| Financial charges | 65/66B | €492 | €1,002 | +€510 | +104% |
| Recurring financial charges | 65 | €492 | €1,002 | +€510 | +104% |
| Profit (loss) for the period before taxes | 9903 | €15,630 | €53,033 | +€37,403 | +239% |
| Income taxes | 67/77 | €4,439 | €11,642 | +€7,203 | +162% |
| Profit (loss) for the period | 9904 | €11,190 | €41,391 | +€30,201 | +270% |
| Profit (loss) for the period to be appropriated | 9905 | €11,190 | €41,391 | +€30,201 | +270% |
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 26 October 2026 via checked.be.