Koen Drossaert Architect: 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.
Koen Drossaert Architect
Largest movements
- Financial fixed assets +€440,911
up €440,911 (+442%), from €99,668 to €540,578
- Cash +€386,102
up €386,102 (+39,865%), from €969 to €387,071
mainly Net result for the year (+€874,402) and Tax, wage and social debts (+€77,665)
- Deferred charges and accrued income -€48,022
down €48,022 (-83.0%), from €57,876 to €9,854
- Receivables within one year -€46,957
down €46,957 (-10.4%), from €452,949 to €405,992
of which Trade receivables: -€63,115
- Reserves +€874,402
up €874,402 (+194%), from €451,142 to €1.3m
of which Distributable reserves: +€876,262
- Trade debts -€185,538
down €185,538 (-45.3%), from €409,931 to €224,393
- Tax, wage and social debts +€77,665
up €77,665 (+171%), from €45,459 to €123,124
of which Taxes: +€80,517
- Debts after one year -€32,577
down €32,577 (-7.0%), from €467,639 to €435,062
- Financial income +€872,270
up €872,270 (+7,741%), from €11,269 to €883,538
- Taxes +€86,762
up €86,762 (+295%), from €29,396 to €116,158
- Gross operating margin +€8,289
up €8,289 (+6.1%), from €136,350 to €144,639
- Financial charges -€4,131
down €4,131 (-23.1%), from €17,846 to €13,715
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 | €1,424,776 | €2,154,345 | +€729,569 | +51.2% |
| Fixed assets | 21/28 | €908,959 | €1,339,361 | +€430,402 | +47.4% |
| Tangible fixed assets | 22/27 | €809,291 | €798,783 | -€10,508 | -1.3% |
| Land and buildings | 22 | €804,516 | €789,192 | -€15,323 | -1.9% |
| Plant, machinery and equipment | 23 | €2,567 | €3,807 | +€1,241 | +48.3% |
| Furniture and vehicles | 24 | €2,209 | €5,783 | +€3,574 | +162% |
| Financial fixed assets | 28 | €99,668 | €540,578 | +€440,911 | +442% |
| Current assets | 29/58 | €515,817 | €814,984 | +€299,167 | +58.0% |
| Amounts receivable within one year | 40/41 | €452,949 | €405,992 | -€46,957 | -10.4% |
| Trade receivables | 40 | €172,847 | €109,732 | -€63,115 | -36.5% |
| Other amounts receivable | 41 | €280,102 | €296,260 | +€16,158 | +5.8% |
| Current investments | 50/53 | €4,023 | €12,067 | +€8,044 | +200% |
| Cash at bank and in hand | 54/58 | €969 | €387,071 | +€386,102 | +39,865% |
| Deferred charges and accrued income | 490/1 | €57,876 | €9,854 | -€48,022 | -83.0% |
| Total equity and liabilities | 10/49 | €1,424,776 | €2,154,345 | +€729,569 | +51.2% |
| Equity | 10/15 | €461,342 | €1,335,745 | +€874,402 | +190% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €451,142 | €1,325,545 | +€874,402 | +194% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €449,282 | €1,325,545 | +€876,262 | +195% |
| Amounts payable | 17/49 | €963,434 | €818,601 | -€144,833 | -15.0% |
| Amounts payable after more than one year | 17 | €467,639 | €435,062 | -€32,577 | -7.0% |
| Financial debts | 170/4 | €467,639 | €435,062 | -€32,577 | -7.0% |
| Amounts payable within one year | 42/48 | €489,985 | €382,781 | -€107,204 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €34,595 | €35,264 | +€669 | +1.9% |
| Trade debts | 44 | €409,931 | €224,393 | -€185,538 | -45.3% |
| Suppliers | 440/4 | €409,931 | €224,393 | -€185,538 | -45.3% |
| Taxes, remuneration and social security | 45 | €45,459 | €123,124 | +€77,665 | +171% |
| Taxes | 450/3 | €42,607 | €123,124 | +€80,517 | +189% |
| Remuneration and social security | 454/9 | €2,852 | €0 | -€2,852 | -100% |
| Accrued charges and deferred income | 492/3 | €5,810 | €759 | -€5,052 | -86.9% |
| Non-recurring operating income | 76A | €0 | €2,902 | +€2,902 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,897 | €18,262 | -€634 | -3.4% |
| Other operating charges | 640/8 | €4,265 | €5,176 | +€911 | +21.4% |
| Non-recurring operating charges | 66A | €0 | €463 | +€463 | |
| Gross operating margin | 9900 | €136,350 | €144,639 | +€8,289 | +6.1% |
| Operating profit (loss) | 9901 | €113,188 | €120,737 | +€7,549 | +6.7% |
| Financial income | 75/76B | €11,269 | €883,538 | +€872,270 | +7,741% |
| Recurring financial income | 75 | €11,269 | €883,538 | +€872,270 | +7,741% |
| Financial charges | 65/66B | €17,846 | €13,715 | -€4,131 | -23.1% |
| Recurring financial charges | 65 | €17,846 | €13,715 | -€4,131 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €106,611 | €990,561 | +€883,950 | +829% |
| Income taxes | 67/77 | €29,396 | €116,158 | +€86,762 | +295% |
| Profit (loss) for the period | 9904 | €77,214 | €874,402 | +€797,188 | +1,032% |
| Profit (loss) for the period to be appropriated | 9905 | €77,214 | €874,402 | +€797,188 | +1,032% |
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 21 October 2026 via checked.be.