L19 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.
L19 ARCHITECTURE
Largest movements
- Receivables within one year +€10,152
up €10,152 (+678%), from €1,496 to €11,648
of which Trade receivables: +€8,872
- Cash -€7,848
down €7,848 (-17.0%), from €46,246 to €38,399
mainly Receivables within one year (-€10,152) and Investment in fixed assets (net) (-€1,002)
- Tangible fixed assets -€713
down €713 (-35.2%), from €2,025 to €1,311
of which Land and buildings: -€650
- Trade debts +€1,468
up €1,468 (+1,926%), from €76 to €1,545
- Other debts +€663
up €663 (+2.6%), from €25,198 to €25,861
- Tax, wage and social debts -€620
down €620 (-14.8%), from €4,201 to €3,580
- Gross operating margin -€7,807
down €7,807 (-49.0%), from €15,939 to €8,133
- Taxes -€1,281
down €1,281 (-31.9%), from €4,010 to €2,730
- Depreciation -€510
down €510 (-22.9%), from €2,225 to €1,715
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 | €50,567 | €52,014 | +€1,447 | +2.9% |
| Fixed assets | 21/28 | €2,025 | €1,311 | -€713 | -35.2% |
| Tangible fixed assets | 22/27 | €2,025 | €1,311 | -€713 | -35.2% |
| Land and buildings | 22 | €650 | - | -€650 | |
| Plant, machinery and equipment | 23 | €80 | - | -€80 | |
| Furniture and vehicles | 24 | €1,295 | €1,311 | +€17 | +1.3% |
| Current assets | 29/58 | €48,543 | €50,702 | +€2,160 | +4.4% |
| Amounts receivable within one year | 40/41 | €1,496 | €11,648 | +€10,152 | +678% |
| Trade receivables | 40 | - | €8,872 | +€8,872 | |
| Other amounts receivable | 41 | €1,496 | €2,776 | +€1,280 | +85.5% |
| Cash at bank and in hand | 54/58 | €46,246 | €38,399 | -€7,848 | -17.0% |
| Deferred charges and accrued income | 490/1 | €800 | €655 | -€144 | -18.1% |
| Total equity and liabilities | 10/49 | €50,567 | €52,014 | +€1,447 | +2.9% |
| Equity | 10/15 | €19,285 | €19,244 | -€41 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €644 | €644 | = | 0.0% |
| Distributable reserves | 133 | €644 | €644 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41 | - | -€41 | |
| Amounts payable | 17/49 | €31,283 | €32,770 | +€1,487 | +4.8% |
| Amounts payable within one year | 42/48 | €29,475 | €30,986 | +€1,511 | +5.1% |
| Trade debts | 44 | €76 | €1,545 | +€1,468 | +1,926% |
| Suppliers | 440/4 | €76 | €1,545 | +€1,468 | +1,926% |
| Taxes, remuneration and social security | 45 | €4,201 | €3,580 | -€620 | -14.8% |
| Taxes | 450/3 | €4,201 | €3,580 | -€620 | -14.8% |
| Other amounts payable | 47/48 | €25,198 | €25,861 | +€663 | +2.6% |
| Accrued charges and deferred income | 492/3 | €1,808 | €1,784 | -€24 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,225 | €1,715 | -€510 | -22.9% |
| Other operating charges | 640/8 | €1,158 | €1,186 | +€28 | +2.4% |
| Gross operating margin | 9900 | €15,939 | €8,133 | -€7,807 | -49.0% |
| Operating profit (loss) | 9901 | €12,556 | €5,232 | -€7,324 | -58.3% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,925 | €1,915 | -€10 | -0.5% |
| Recurring financial charges | 65 | €1,925 | €1,915 | -€10 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €10,634 | €3,317 | -€7,317 | -68.8% |
| Income taxes | 67/77 | €4,010 | €2,730 | -€1,281 | -31.9% |
| Profit (loss) for the period | 9904 | €6,623 | €587 | -€6,036 | -91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,623 | €587 | -€6,036 | -91.1% |
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 26 October 2026 via checked.be.