L & P: 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.
What changed
L & P
NACE 71.111, Activities of building architects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€45,007
2024 · -€703,793+€748,800
Equity
€221,411
2024 · €176,404+€45,007
Cash
€2,596
2024 · €3,643-€1,047
Balance sheet total
€821,481
2024 · €840,322-€18,841
Largest movements
Assets
- Tangible fixed assets -€31,281
down €31,281 (-3.9%), from €809,577 to €778,296
of which Land and buildings: -€26,536
- Receivables within one year +€12,799
up €12,799 (+164%), from €7,816 to €20,615
Equity and liabilities
- Profit (loss) carried forward +€45,007
up €45,007 (+13.1%), from -€344,556 to -€299,549
- Debts after one year -€43,000
down €43,000 (-16.8%), from €256,667 to €213,666
- Other debts -€15,012
down €15,012 (-4.8%), from €314,688 to €299,676
Income statement
- Financial charges -€756,799
down €756,799 (-98.8%), from €765,922 to €9,123
of which Non-recurring financial charges: -€749,745
- Gross operating margin -€9,517
down €9,517 (-8.2%), from €116,343 to €106,826
- Depreciation -€1,508
down €1,508 (-4.6%), from €32,789 to €31,281
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.
Result 2024
-€703,793
Gross operating margin
-€9,517
Depreciation
+€1,508
Other operating charges
+€28
Other operating items
+€74
Financial income
-€76
Financial charges
+€756,799
Taxes
-€16
Result 2025
€45,007
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€44,960
Investment
€0
Financing
-€46,006
Cash 2024
€3,643
From operations (derived)
+€44,960
Net result for the year
+€45,007
Depreciation
+€31,281
Receivables within one year
-€12,799
Deferred charges and accrued income
-€687
Trade debts
+€7,473
Tax, wage and social debts
-€3,882
Other debts
-€15,012
Accrued charges and deferred income
-€6,421
Financing
-€46,006
Debts after one year
-€43,000
Current portion of long-term debt
-€3,006
Cash 2025
€2,596
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €840,322 | €821,481 | -€18,841 | -2.2% |
| Fixed assets | 21/28 | €809,596 | €778,315 | -€31,281 | -3.9% |
| Tangible fixed assets | 22/27 | €809,577 | €778,296 | -€31,281 | -3.9% |
| Land and buildings | 22 | €796,395 | €769,859 | -€26,536 | -3.3% |
| Plant, machinery and equipment | 23 | €9,116 | €8,437 | -€679 | -7.5% |
| Furniture and vehicles | 24 | €4,066 | €0 | -€4,066 | -100% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €30,726 | €43,166 | +€12,440 | +40.5% |
| Amounts receivable within one year | 40/41 | €7,816 | €20,615 | +€12,799 | +164% |
| Other amounts receivable | 41 | €7,816 | €20,615 | +€12,799 | +164% |
| Cash at bank and in hand | 54/58 | €3,643 | €2,596 | -€1,047 | -28.7% |
| Deferred charges and accrued income | 490/1 | €19,268 | €19,955 | +€687 | +3.6% |
| Total equity and liabilities | 10/49 | €840,322 | €821,481 | -€18,841 | -2.2% |
| Equity | 10/15 | €176,404 | €221,411 | +€45,007 | +25.5% |
| Contributions | 10/11 | €497,600 | €497,600 | = | 0.0% |
| Reserves | 13 | €23,360 | €23,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,360 | €23,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,360 | €23,360 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€344,556 | -€299,549 | +€45,007 | +13.1% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €648,918 | €585,070 | -€63,848 | -9.8% |
| Amounts payable after more than one year | 17 | €256,667 | €213,666 | -€43,000 | -16.8% |
| Financial debts | 170/4 | €256,667 | €213,666 | -€43,000 | -16.8% |
| Amounts payable within one year | 42/48 | €381,447 | €367,019 | -€14,427 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €38,006 | €35,000 | -€3,006 | -7.9% |
| Trade debts | 44 | €7,493 | €14,966 | +€7,473 | +99.7% |
| Suppliers | 440/4 | €7,493 | €14,966 | +€7,473 | +99.7% |
| Taxes, remuneration and social security | 45 | €21,259 | €17,377 | -€3,882 | -18.3% |
| Taxes | 450/3 | €21,259 | €17,377 | -€3,882 | -18.3% |
| Other amounts payable | 47/48 | €314,688 | €299,676 | -€15,012 | -4.8% |
| Accrued charges and deferred income | 492/3 | €10,805 | €4,384 | -€6,421 | -59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,789 | €31,281 | -€1,508 | -4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €4,145 | €4,117 | -€28 | -0.7% |
| Non-recurring operating charges | 66A | €74 | €0 | -€74 | -100% |
| Gross operating margin | 9900 | €116,343 | €106,826 | -€9,517 | -8.2% |
| Operating profit (loss) | 9901 | €79,334 | €71,427 | -€7,907 | -10.0% |
| Financial income | 75/76B | €156 | €80 | -€76 | -48.6% |
| Recurring financial income | 75 | €156 | €80 | -€76 | -48.6% |
| Financial charges | 65/66B | €765,922 | €9,123 | -€756,799 | -98.8% |
| Recurring financial charges | 65 | €16,177 | €9,123 | -€7,054 | -43.6% |
| Non-recurring financial charges | 66B | €749,745 | €0 | -€749,745 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€686,432 | €62,384 | +€748,816 | |
| Income taxes | 67/77 | €17,361 | €17,377 | +€16 | +0.1% |
| Profit (loss) for the period | 9904 | -€703,793 | €45,007 | +€748,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€703,793 | €45,007 | +€748,800 |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.