hé! architectuur: 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.
hé! architectuur
Largest movements
- Receivables within one year +€104,298
up €104,298 (+149%), from €69,778 to €174,076
of which Trade receivables: +€105,244
- Cash -€47,459
down €47,459 (-64.9%), from €73,103 to €25,645
mainly Receivables within one year (-€104,298) and Investment in fixed assets (net) (-€2,500)
- Reserves +€27,353
up €27,353 (+32.8%), from €83,396 to €110,749
- Tax, wage and social debts +€15,707
up €15,707 (+42.2%), from €37,187 to €52,894
of which Taxes: +€19,816
- Trade debts +€8,565
up €8,565 (+55.7%), from €15,389 to €23,954
- Other debts +€5,163
up €5,163 (+29.2%), from €17,680 to €22,843
- Gross operating margin -€36,379
down €36,379 (-48.5%), from €74,954 to €38,576
- Taxes -€7,415
down €7,415 (-49.2%), from €15,062 to €7,647
- Depreciation +€1,907
up €1,907 (+155%), from €1,229 to €3,135
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 | €158,984 | €215,526 | +€56,542 | +35.6% |
| Fixed assets | 21/28 | €9,624 | €8,988 | -€636 | -6.6% |
| Tangible fixed assets | 22/27 | €9,624 | €8,988 | -€636 | -6.6% |
| Furniture and vehicles | 24 | €9,624 | €8,988 | -€636 | -6.6% |
| Current assets | 29/58 | €149,361 | €206,539 | +€57,178 | +38.3% |
| Amounts receivable within one year | 40/41 | €69,778 | €174,076 | +€104,298 | +149% |
| Trade receivables | 40 | €68,651 | €173,895 | +€105,244 | +153% |
| Other amounts receivable | 41 | €1,126 | €181 | -€946 | -84.0% |
| Cash at bank and in hand | 54/58 | €73,103 | €25,645 | -€47,459 | -64.9% |
| Deferred charges and accrued income | 490/1 | €6,480 | €6,818 | +€338 | +5.2% |
| Total equity and liabilities | 10/49 | €158,984 | €215,526 | +€56,542 | +35.6% |
| Equity | 10/15 | €88,396 | €115,749 | +€27,353 | +30.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,396 | €110,749 | +€27,353 | +32.8% |
| Distributable reserves | 133 | €83,396 | €110,749 | +€27,353 | +32.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €70,588 | €99,777 | +€29,189 | +41.4% |
| Amounts payable within one year | 42/48 | €70,588 | €99,777 | +€29,189 | +41.4% |
| Financial debts | 43 | €332 | €87 | -€246 | -74.0% |
| Credit institutions | 430/8 | €332 | €87 | -€246 | -74.0% |
| Trade debts | 44 | €15,389 | €23,954 | +€8,565 | +55.7% |
| Suppliers | 440/4 | €15,389 | €23,954 | +€8,565 | +55.7% |
| Taxes, remuneration and social security | 45 | €37,187 | €52,894 | +€15,707 | +42.2% |
| Taxes | 450/3 | €28,101 | €47,917 | +€19,816 | +70.5% |
| Remuneration and social security | 454/9 | €9,085 | €4,976 | -€4,109 | -45.2% |
| Other amounts payable | 47/48 | €17,680 | €22,843 | +€5,163 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,229 | €3,135 | +€1,907 | +155% |
| Other operating charges | 640/8 | €393 | €150 | -€243 | -61.8% |
| Gross operating margin | 9900 | €74,954 | €38,576 | -€36,379 | -48.5% |
| Operating profit (loss) | 9901 | €73,333 | €35,290 | -€38,042 | -51.9% |
| Financial charges | 65/66B | €119 | €291 | +€172 | +144% |
| Recurring financial charges | 65 | €119 | €291 | +€172 | +144% |
| Profit (loss) for the period before taxes | 9903 | €73,213 | €35,000 | -€38,214 | -52.2% |
| Income taxes | 67/77 | €15,062 | €7,647 | -€7,415 | -49.2% |
| Profit (loss) for the period | 9904 | €58,152 | €27,353 | -€30,799 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,152 | €27,353 | -€30,799 | -53.0% |
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 13 October 2026 via checked.be.