Joost Vanhove Architect: what changed
What changed
Joost Vanhove Architect
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€26,069
2024 · €21,086+€4,983
Equity
€98,006
2024 · €208,437-€110,431
Cash
€39,252
2024 · €24,435+€14,817
Balance sheet total
€256,862
2024 · €270,638-€13,776
Largest movements
Assets
- Receivables after one year -€17,500
down €17,500 (-10.0%), from €175,000 to €157,500
- Cash +€14,817
up €14,817 (+60.6%), from €24,435 to €39,252
mainly Other debts (+€104,299) and Net result for the year (+€26,069)
- Tangible fixed assets -€11,512
down €11,512 (-21.4%), from €53,724 to €42,212
of which Furniture and vehicles: -€9,444
Equity and liabilities
- Reserves -€110,911
down €110,911 (-59.5%), from €186,303 to €75,392
of which Distributable reserves: -€110,500
- Other debts +€104,299
up €104,299 (+309%), from €33,754 to €138,053
- Current portion of long-term debt -€7,603
no longer reported in 2025 (was €7,603)
Income statement
- Gross operating margin +€4,326
up €4,326 (+10.2%), from €42,581 to €46,906
- Financial income +€2,800
up €2,800 (+55.8%), from €5,019 to €7,819
- Taxes +€1,897
up €1,897 (+20.5%), from €9,261 to €11,158
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
€21,086
Gross operating margin
+€4,326
Depreciation
+€103
Other operating charges
-€34
Financial income
+€2,800
Financial charges
-€315
Taxes
-€1,897
Result 2025
€26,069
raises the resultlowers the result
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
+€162,135
Investment
-€3,215
Financing
-€144,103
Cash 2024
€24,435
From operations (derived)
+€162,135
Net result for the year
+€26,069
Depreciation
+€14,727
Receivables after one year
+€17,500
Smaller working-capital items
-€163
Deferred charges and accrued income
-€358
Trade debts
-€1,303
Tax, wage and social debts
+€1,365
Other debts
+€104,299
Investment (derived)
-€3,215
Investment in fixed assets (net)
-€3,215
Financing
-€144,103
Current portion of long-term debt
-€7,603
Contributions, distributions and other
-€136,500
Cash 2025
€39,252
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,638 | €256,862 | -€13,776 | -5.1% |
| Fixed assets | 21/28 | €53,724 | €42,212 | -€11,512 | -21.4% |
| Tangible fixed assets | 22/27 | €53,724 | €42,212 | -€11,512 | -21.4% |
| Plant, machinery and equipment | 23 | €386 | €140 | -€246 | -63.7% |
| Furniture and vehicles | 24 | €25,457 | €16,013 | -€9,444 | -37.1% |
| Other tangible fixed assets | 26 | €27,882 | €26,060 | -€1,822 | -6.5% |
| Current assets | 29/58 | €216,914 | €214,650 | -€2,264 | -1.0% |
| Amounts receivable after more than one year | 29 | €175,000 | €157,500 | -€17,500 | -10.0% |
| Other amounts receivable | 291 | €175,000 | €157,500 | -€17,500 | -10.0% |
| Amounts receivable within one year | 40/41 | €14,979 | €15,040 | +€61 | +0.4% |
| Trade receivables | 40 | €14,660 | €14,740 | +€79 | +0.5% |
| Other amounts receivable | 41 | €319 | €300 | -€19 | -5.9% |
| Cash at bank and in hand | 54/58 | €24,435 | €39,252 | +€14,817 | +60.6% |
| Deferred charges and accrued income | 490/1 | €2,500 | €2,858 | +€358 | +14.3% |
| Total equity and liabilities | 10/49 | €270,638 | €256,862 | -€13,776 | -5.1% |
| Equity | 10/15 | €208,437 | €98,006 | -€110,431 | -53.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,303 | €75,392 | -€110,911 | -59.5% |
| Tax-exempt reserves | 132 | €803 | €392 | -€411 | -51.2% |
| Distributable reserves | 133 | €185,500 | €75,000 | -€110,500 | -59.6% |
| Profit (loss) carried forward | 14 | €3,535 | €4,014 | +€480 | +13.6% |
| Provisions and deferred taxes | 16 | €201 | €98 | -€103 | -51.2% |
| Deferred taxes | 168 | €201 | €98 | -€103 | -51.2% |
| Amounts payable | 17/49 | €62,000 | €158,758 | +€96,758 | +156% |
| Amounts payable within one year | 42/48 | €62,000 | €158,758 | +€96,758 | +156% |
| Current portion of amounts payable after more than one year | 42 | €7,603 | - | -€7,603 | |
| Trade debts | 44 | €5,019 | €3,716 | -€1,303 | -26.0% |
| Suppliers | 440/4 | €5,019 | €3,716 | -€1,303 | -26.0% |
| Taxes, remuneration and social security | 45 | €15,624 | €16,989 | +€1,365 | +8.7% |
| Taxes | 450/3 | €15,624 | €16,989 | +€1,365 | +8.7% |
| Other amounts payable | 47/48 | €33,754 | €138,053 | +€104,299 | +309% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,830 | €14,727 | -€103 | -0.7% |
| Other operating charges | 640/8 | €2,192 | €2,226 | +€34 | +1.6% |
| Gross operating margin | 9900 | €42,581 | €46,906 | +€4,326 | +10.2% |
| Operating profit (loss) | 9901 | €25,559 | €29,954 | +€4,395 | +17.2% |
| Financial income | 75/76B | €5,019 | €7,819 | +€2,800 | +55.8% |
| Recurring financial income | 75 | €5,019 | €7,819 | +€2,800 | +55.8% |
| Financial charges | 65/66B | €334 | €649 | +€315 | +94.3% |
| Recurring financial charges | 65 | €334 | €649 | +€315 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | €30,244 | €37,124 | +€6,880 | +22.7% |
| Transfer from deferred taxes | 780 | €103 | €103 | = | 0.0% |
| Income taxes | 67/77 | €9,261 | €11,158 | +€1,897 | +20.5% |
| Profit (loss) for the period | 9904 | €21,086 | €26,069 | +€4,983 | +23.6% |
| Transfer from tax-exempt reserves | 789 | €411 | €411 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,497 | €26,480 | +€4,983 | +23.2% |
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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 8 November 2026 via checked.be.