In Situ: what changed
What changed
In Situ
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€131,010
2024 · €112,940+€18,070
Equity
€489,263
2024 · €358,252+€131,010
Cash
€195,999
2024 · €56,464+€139,535
Balance sheet total
€685,437
2024 · €550,353+€135,084
Largest movements
Assets
- Cash +€139,535
up €139,535 (+247%), from €56,464 to €195,999
mainly Net result for the year (+€131,010) and Tax, wage and social debts (+€32,398)
- Receivables within one year +€20,930
up €20,930 (+9.6%), from €217,261 to €238,191
of which Trade receivables: +€23,678
- Tangible fixed assets -€20,378
down €20,378 (-11.0%), from €184,709 to €164,331
of which Land and buildings: -€20,076
Equity and liabilities
- Reserves +€131,010
up €131,010 (+117%), from €111,860 to €242,870
- Tax, wage and social debts +€32,398
up €32,398 (+45.7%), from €70,874 to €103,272
- Trade debts -€16,565
down €16,565 (-66.3%), from €24,980 to €8,415
- Debts after one year -€11,786
down €11,786 (-14.0%), from €84,334 to €72,547
Income statement
- Gross operating margin +€25,822
up €25,822 (+12.6%), from €204,778 to €230,601
- Taxes +€5,127
up €5,127 (+8.8%), from €58,243 to €63,369
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€112,940
Gross operating margin
+€25,822
Staff costs
-€1,851
Depreciation
-€777
Other operating charges
+€34
Other operating items
+€32
Financial charges
-€63
Taxes
-€5,127
Result 2025
€131,010
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€157,740
Investment
-€6,603
Financing
-€11,602
Cash 2024
€56,464
From operations (derived)
+€157,740
Net result for the year
+€131,010
Depreciation
+€32,038
Receivables within one year
-€20,930
Smaller working-capital items
-€212
Trade debts
-€16,565
Tax, wage and social debts
+€32,398
Investment (derived)
-€6,603
Investment in fixed assets (net)
-€6,603
Financing
-€11,602
Debts after one year
-€11,786
Current portion of long-term debt
+€184
Cash 2025
€195,999
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €550,353 | €685,437 | +€135,084 | +24.5% |
| Fixed assets | 21/28 | €274,850 | €249,415 | -€25,435 | -9.3% |
| Intangible fixed assets | 21 | €90,142 | €84,835 | -€5,307 | -5.9% |
| Tangible fixed assets | 22/27 | €184,709 | €164,331 | -€20,378 | -11.0% |
| Land and buildings | 22 | €162,796 | €142,720 | -€20,076 | -12.3% |
| Plant, machinery and equipment | 23 | €1,150 | €312 | -€838 | -72.9% |
| Furniture and vehicles | 24 | €20,762 | €21,298 | +€536 | +2.6% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €275,503 | €436,022 | +€160,519 | +58.3% |
| Amounts receivable within one year | 40/41 | €217,261 | €238,191 | +€20,930 | +9.6% |
| Trade receivables | 40 | €127,011 | €150,689 | +€23,678 | +18.6% |
| Other amounts receivable | 41 | €90,250 | €87,502 | -€2,748 | -3.0% |
| Cash at bank and in hand | 54/58 | €56,464 | €195,999 | +€139,535 | +247% |
| Deferred charges and accrued income | 490/1 | €1,778 | €1,833 | +€55 | +3.1% |
| Total equity and liabilities | 10/49 | €550,353 | €685,437 | +€135,084 | +24.5% |
| Equity | 10/15 | €358,252 | €489,263 | +€131,010 | +36.6% |
| Contributions | 10/11 | €6,510 | €6,510 | = | 0.0% |
| Contributions outside capital | 11 | €6,510 | €6,510 | = | 0.0% |
| Other | 1109/19 | €6,510 | €6,510 | = | 0.0% |
| Reserves | 13 | €111,860 | €242,870 | +€131,010 | +117% |
| Distributable reserves | 133 | €111,860 | €242,870 | +€131,010 | +117% |
| Profit (loss) carried forward | 14 | €239,882 | €239,882 | = | 0.0% |
| Amounts payable | 17/49 | €192,101 | €196,174 | +€4,073 | +2.1% |
| Amounts payable after more than one year | 17 | €84,334 | €72,547 | -€11,786 | -14.0% |
| Financial debts | 170/4 | €84,334 | €72,547 | -€11,786 | -14.0% |
| Amounts payable within one year | 42/48 | €107,767 | €123,627 | +€15,860 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €11,602 | €11,786 | +€184 | +1.6% |
| Trade debts | 44 | €24,980 | €8,415 | -€16,565 | -66.3% |
| Suppliers | 440/4 | €24,980 | €8,415 | -€16,565 | -66.3% |
| Taxes, remuneration and social security | 45 | €70,874 | €103,272 | +€32,398 | +45.7% |
| Taxes | 450/3 | €70,874 | €103,272 | +€32,398 | +45.7% |
| Other amounts payable | 47/48 | €311 | €153 | -€157 | -50.7% |
| Non-recurring operating income | 76A | €0 | €465 | +€465 | +664,600% |
| Remuneration, social security and pensions | 62 | - | €1,851 | +€1,851 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,261 | €32,038 | +€777 | +2.5% |
| Other operating charges | 640/8 | €643 | €609 | -€34 | -5.2% |
| Non-recurring operating charges | 66A | €40 | €8 | -€32 | -80.0% |
| Gross operating margin | 9900 | €204,778 | €230,601 | +€25,822 | +12.6% |
| Operating profit (loss) | 9901 | €172,835 | €196,095 | +€23,260 | +13.5% |
| Financial charges | 65/66B | €1,652 | €1,715 | +€63 | +3.8% |
| Recurring financial charges | 65 | €1,652 | €1,715 | +€63 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €171,183 | €194,380 | +€23,197 | +13.6% |
| Income taxes | 67/77 | €58,243 | €63,369 | +€5,127 | +8.8% |
| Profit (loss) for the period | 9904 | €112,940 | €131,010 | +€18,070 | +16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €112,940 | €131,010 | +€18,070 | +16.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.