HE-ARCHITECTES: what changed
Two fiscal 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.
HE-ARCHITECTES
Largest movements
- Stocks and contracts +€49,259
up €49,259, from €0 to €49,259
of which Contracts in progress: +€49,259
- Receivables within one year -€43,827
down €43,827 (-66.8%), from €65,623 to €21,796
of which Trade receivables: -€43,817
- Cash +€11,861
up €11,861 (+55.6%), from €21,321 to €33,182
mainly Receivables within one year (+€43,827) and Net result for the year (+€26,580)
- Deferred charges and accrued income +€10,826
up €10,826 (+2431.0%), from €445 to €11,271
- Tangible fixed assets -€5,908
down €5,908 (-2.6%), from €224,371 to €218,463
of which Land and buildings: -€3,269
- Profit (loss) carried forward +€26,580
up €26,580 (+23.6%), from €112,620 to €139,200
- Debts after one year -€13,593
down €13,593 (-8.6%), from €157,189 to €143,596
- Tax, wage and social debts +€5,652
up €5,652 (+47.9%), from €11,787 to €17,439
of which Taxes: +€5,652
- Trade debts +€4,335
up €4,335 (+34.5%), from €12,561 to €16,896
- Gross operating margin +€4,321
up €4,321 (+9.3%), from €46,699 to €51,020
- Taxes +€1,801
new in 2025: €1,801
- Depreciation -€566
down €566 (-3.9%), from €14,430 to €13,864
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 | €316,509 | €339,005 | +€22,496 | +7.1% |
| Fixed assets | 21/28 | €229,121 | €223,498 | -€5,623 | -2.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €224,371 | €218,463 | -€5,908 | -2.6% |
| Land and buildings | 22 | €216,645 | €213,377 | -€3,269 | -1.5% |
| Plant, machinery and equipment | 23 | €5,088 | €4,578 | -€510 | -10.0% |
| Furniture and vehicles | 24 | €2,637 | €508 | -€2,129 | -80.7% |
| Financial fixed assets | 28 | €4,750 | €5,035 | +€285 | +6.0% |
| Current assets | 29/58 | €87,389 | €115,507 | +€28,119 | +32.2% |
| Stocks and contracts in progress | 3 | €0 | €49,259 | +€49,259 | |
| Stocks | 30/36 | €0 | €0 | = | |
| Contracts in progress | 37 | - | €49,259 | +€49,259 | |
| Amounts receivable within one year | 40/41 | €65,623 | €21,796 | -€43,827 | -66.8% |
| Trade receivables | 40 | €65,613 | €21,796 | -€43,817 | -66.8% |
| Other amounts receivable | 41 | €9 | €0 | -€9 | -99.7% |
| Cash at bank and in hand | 54/58 | €21,321 | €33,182 | +€11,861 | +55.6% |
| Deferred charges and accrued income | 490/1 | €445 | €11,271 | +€10,826 | +2431.0% |
| Total equity and liabilities | 10/49 | €316,509 | €339,005 | +€22,496 | +7.1% |
| Equity | 10/15 | €120,680 | €147,260 | +€26,580 | +22.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| 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 | €112,620 | €139,200 | +€26,580 | +23.6% |
| Amounts payable | 17/49 | €195,829 | €191,745 | -€4,085 | -2.1% |
| Amounts payable after more than one year | 17 | €157,189 | €143,596 | -€13,593 | -8.6% |
| Financial debts | 170/4 | €157,189 | €143,596 | -€13,593 | -8.6% |
| Amounts payable within one year | 42/48 | €38,640 | €48,149 | +€9,508 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €13,394 | €13,593 | +€199 | +1.5% |
| Trade debts | 44 | €12,561 | €16,896 | +€4,335 | +34.5% |
| Suppliers | 440/4 | €12,561 | €16,896 | +€4,335 | +34.5% |
| Taxes, remuneration and social security | 45 | €11,787 | €17,439 | +€5,652 | +47.9% |
| Taxes | 450/3 | €11,787 | €17,439 | +€5,652 | +47.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €898 | €220 | -€678 | -75.5% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,430 | €13,864 | -€566 | -3.9% |
| Other operating charges | 640/8 | €3,293 | €2,981 | -€312 | -9.5% |
| Non-recurring operating charges | 66A | - | €2,710 | +€2,710 | |
| Gross operating margin | 9900 | €46,699 | €51,020 | +€4,321 | +9.3% |
| Operating profit (loss) | 9901 | €28,975 | €31,464 | +€2,489 | +8.6% |
| Financial income | 75/76B | €0 | €16 | +€16 | +41050.0% |
| Recurring financial income | 75 | €0 | €16 | +€16 | +41050.0% |
| Financial charges | 65/66B | €3,223 | €3,099 | -€124 | -3.9% |
| Recurring financial charges | 65 | €3,223 | €3,099 | -€124 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €25,752 | €28,382 | +€2,630 | +10.2% |
| Income taxes | 67/77 | - | €1,801 | +€1,801 | |
| Profit (loss) for the period | 9904 | €25,752 | €26,580 | +€828 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,752 | €26,580 | +€828 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.