GROW Architecture: 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.
GROW Architecture
Largest movements
- Tangible fixed assets -€5,492
down €5,492 (-16.7%), from €32,953 to €27,461
- Cash +€1,869
up €1,869 (+114%), from €1,643 to €3,512
mainly Other debts (+€10,500) and Depreciation (+€5,492)
- Other debts +€10,500
up €10,500 (+11.6%), from €90,724 to €101,224
- Profit (loss) carried forward -€8,737
down €8,737 (-8.0%), from -€109,850 to -€118,587
- Debts after one year -€5,746
down €5,746 (-16.1%), from €35,632 to €29,886
- Other operating charges -€1,720
no longer reported in 2025 (was €1,720)
- Financial charges -€241
down €241 (-13.5%), from €1,784 to €1,543
- Gross operating margin +€97
up €97 (+5.4%), from -€1,811 to -€1,714
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 | €34,842 | €31,073 | -€3,769 | -10.8% |
| Fixed assets | 21/28 | €32,953 | €27,461 | -€5,492 | -16.7% |
| Tangible fixed assets | 22/27 | €32,953 | €27,461 | -€5,492 | -16.7% |
| Land and buildings | 22 | €32,953 | €27,461 | -€5,492 | -16.7% |
| Current assets | 29/58 | €1,890 | €3,613 | +€1,723 | +91.2% |
| Amounts receivable within one year | 40/41 | €247 | €101 | -€146 | -59.2% |
| Other amounts receivable | 41 | €247 | €101 | -€146 | -59.2% |
| Cash at bank and in hand | 54/58 | €1,643 | €3,512 | +€1,869 | +114% |
| Total equity and liabilities | 10/49 | €34,842 | €31,073 | -€3,769 | -10.8% |
| Equity | 10/15 | -€97,450 | -€106,187 | -€8,737 | -9.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,850 | -€118,587 | -€8,737 | -8.0% |
| Amounts payable | 17/49 | €132,292 | €137,260 | +€4,968 | +3.8% |
| Amounts payable after more than one year | 17 | €35,632 | €29,886 | -€5,746 | -16.1% |
| Financial debts | 170/4 | €35,632 | €29,886 | -€5,746 | -16.1% |
| Amounts payable within one year | 42/48 | €96,660 | €107,374 | +€10,713 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €5,532 | €5,746 | +€213 | +3.9% |
| Trade debts | 44 | €404 | €404 | = | 0.0% |
| Suppliers | 440/4 | €404 | €404 | = | 0.0% |
| Other amounts payable | 47/48 | €90,724 | €101,224 | +€10,500 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,492 | €5,492 | = | 0.0% |
| Other operating charges | 640/8 | €1,720 | - | -€1,720 | |
| Gross operating margin | 9900 | -€1,811 | -€1,714 | +€97 | +5.4% |
| Operating profit (loss) | 9901 | -€9,023 | -€7,206 | +€1,818 | +20.1% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,784 | €1,543 | -€241 | -13.5% |
| Recurring financial charges | 65 | €1,784 | €1,543 | -€241 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,808 | -€8,737 | +€2,071 | +19.2% |
| Profit (loss) for the period | 9904 | -€10,808 | -€8,737 | +€2,071 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,808 | -€8,737 | +€2,071 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.