JUST 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.
JUST ARCHITECTURE
Largest movements
- Current investments +€21,890
up €21,890 (+47.4%), from €46,220 to €68,110
- Cash -€16,759
down €16,759 (-33.0%), from €50,801 to €34,042
mainly Contributions, distributions and other (-€40,000) and Debts after one year (-€24,192)
- Tangible fixed assets -€12,081
down €12,081 (-3.2%), from €372,232 to €360,151
of which Land and buildings: -€11,877
- Receivables within one year -€6,355
down €6,355 (-18.0%), from €35,327 to €28,972
of which Trade receivables: -€6,359
- Deferred charges and accrued income +€5,607
up €5,607 (+119.6%), from €4,689 to €10,296
- Other debts +€30,943
up €30,943 (+187.6%), from €16,495 to €47,438
- Debts after one year -€24,192
down €24,192 (-8.3%), from €292,200 to €268,007
- Trade debts -€8,084
down €8,084 (-77.5%), from €10,433 to €2,349
- Reserves -€7,607
down €7,607 (-5.4%), from €140,394 to €132,787
- Gross operating margin -€12,211
down €12,211 (-16.7%), from €73,226 to €61,015
- Depreciation -€4,527
down €4,527 (-24.6%), from €18,436 to €13,909
- Taxes -€1,462
down €1,462 (-13.7%), from €10,645 to €9,183
- Financial charges -€815
down €815 (-16.9%), from €4,816 to €4,000
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 | €511,969 | €502,443 | -€9,525 | -1.9% |
| Fixed assets | 21/28 | €374,932 | €361,023 | -€13,909 | -3.7% |
| Intangible fixed assets | 21 | €2,699 | €872 | -€1,828 | -67.7% |
| Tangible fixed assets | 22/27 | €372,232 | €360,151 | -€12,081 | -3.2% |
| Land and buildings | 22 | €372,028 | €360,151 | -€11,877 | -3.2% |
| Furniture and vehicles | 24 | €204 | €0 | -€204 | -100.0% |
| Current assets | 29/58 | €137,037 | €141,420 | +€4,383 | +3.2% |
| Amounts receivable within one year | 40/41 | €35,327 | €28,972 | -€6,355 | -18.0% |
| Trade receivables | 40 | €35,327 | €28,968 | -€6,359 | -18.0% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Current investments | 50/53 | €46,220 | €68,110 | +€21,890 | +47.4% |
| Cash at bank and in hand | 54/58 | €50,801 | €34,042 | -€16,759 | -33.0% |
| Deferred charges and accrued income | 490/1 | €4,689 | €10,296 | +€5,607 | +119.6% |
| Total equity and liabilities | 10/49 | €511,969 | €502,443 | -€9,525 | -1.9% |
| Equity | 10/15 | €158,994 | €151,387 | -€7,607 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,394 | €132,787 | -€7,607 | -5.4% |
| Distributable reserves | 133 | €140,394 | €132,787 | -€7,607 | -5.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €352,975 | €351,056 | -€1,918 | -0.5% |
| Amounts payable after more than one year | 17 | €292,200 | €268,007 | -€24,192 | -8.3% |
| Financial debts | 170/4 | €292,200 | €268,007 | -€24,192 | -8.3% |
| Amounts payable within one year | 42/48 | €60,775 | €83,049 | +€22,274 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €23,864 | €24,192 | +€329 | +1.4% |
| Trade debts | 44 | €10,433 | €2,349 | -€8,084 | -77.5% |
| Suppliers | 440/4 | €10,433 | €2,349 | -€8,084 | -77.5% |
| Taxes, remuneration and social security | 45 | €9,983 | €9,070 | -€914 | -9.2% |
| Taxes | 450/3 | €7,126 | €6,470 | -€657 | -9.2% |
| Remuneration and social security | 454/9 | €2,857 | €2,600 | -€257 | -9.0% |
| Other amounts payable | 47/48 | €16,495 | €47,438 | +€30,943 | +187.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,436 | €13,909 | -€4,527 | -24.6% |
| Other operating charges | 640/8 | €2,272 | €2,295 | +€23 | +1.0% |
| Gross operating margin | 9900 | €73,226 | €61,015 | -€12,211 | -16.7% |
| Operating profit (loss) | 9901 | €52,518 | €44,811 | -€7,707 | -14.7% |
| Financial income | 75/76B | €407 | €765 | +€358 | +88.1% |
| Recurring financial income | 75 | €407 | €765 | +€358 | +88.1% |
| Financial charges | 65/66B | €4,816 | €4,000 | -€815 | -16.9% |
| Recurring financial charges | 65 | €4,816 | €4,000 | -€815 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €48,109 | €41,576 | -€6,533 | -13.6% |
| Income taxes | 67/77 | €10,645 | €9,183 | -€1,462 | -13.7% |
| Profit (loss) for the period | 9904 | €37,464 | €32,393 | -€5,071 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,464 | €32,393 | -€5,071 | -13.5% |
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 12 October 2026 via checked.be.