M² ARCHITECTEN: 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.
M² ARCHITECTEN
Largest movements
- Cash +€19,537
up €19,537 (+10.9%), from €179,896 to €199,433
mainly Net result for the year (+€431,858) and Tax, wage and social debts (+€123,557)
- Other debts -€535,130
down €535,130 (-62.8%), from €852,332 to €317,202
- Profit (loss) carried forward +€431,858
up €431,858 (+93.1%), from €464,077 to €895,935
- Tax, wage and social debts +€123,557
up €123,557 (+96.9%), from €127,542 to €251,099
of which Taxes: +€119,409
- Gross operating margin +€238,063
up €238,063 (+38.5%), from €618,921 to €856,985
- Taxes +€11,955
up €11,955 (+87.2%), from €13,716 to €25,671
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 | €1,738,848 | €1,764,193 | +€25,345 | +1.5% |
| Fixed assets | 21/28 | €87,681 | €80,722 | -€6,960 | -7.9% |
| Tangible fixed assets | 22/27 | €75,456 | €68,497 | -€6,960 | -9.2% |
| Plant, machinery and equipment | 23 | €5,775 | €15,733 | +€9,957 | +172% |
| Furniture and vehicles | 24 | €12,450 | €8,424 | -€4,026 | -32.3% |
| Other tangible fixed assets | 26 | €57,231 | €44,340 | -€12,891 | -22.5% |
| Financial fixed assets | 28 | €12,225 | €12,225 | = | 0.0% |
| Current assets | 29/58 | €1,651,167 | €1,683,472 | +€32,305 | +2.0% |
| Amounts receivable within one year | 40/41 | €1,461,570 | €1,478,712 | +€17,142 | +1.2% |
| Trade receivables | 40 | €335,116 | €149,477 | -€185,639 | -55.4% |
| Other amounts receivable | 41 | €1,126,455 | €1,329,235 | +€202,781 | +18.0% |
| Cash at bank and in hand | 54/58 | €179,896 | €199,433 | +€19,537 | +10.9% |
| Deferred charges and accrued income | 490/1 | €9,700 | €5,327 | -€4,374 | -45.1% |
| Total equity and liabilities | 10/49 | €1,738,848 | €1,764,193 | +€25,345 | +1.5% |
| Equity | 10/15 | €478,337 | €910,195 | +€431,858 | +90.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €464,077 | €895,935 | +€431,858 | +93.1% |
| Amounts payable | 17/49 | €1,260,511 | €853,998 | -€406,513 | -32.2% |
| Amounts payable within one year | 42/48 | €1,253,020 | €853,998 | -€399,022 | -31.8% |
| Trade debts | 44 | €258,146 | €270,696 | +€12,550 | +4.9% |
| Suppliers | 440/4 | €258,146 | €270,696 | +€12,550 | +4.9% |
| Advances received on contracts in progress | 46 | €15,000 | €15,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €127,542 | €251,099 | +€123,557 | +96.9% |
| Taxes | 450/3 | €69,904 | €189,313 | +€119,409 | +171% |
| Remuneration and social security | 454/9 | €57,638 | €61,786 | +€4,148 | +7.2% |
| Other amounts payable | 47/48 | €852,332 | €317,202 | -€535,130 | -62.8% |
| Accrued charges and deferred income | 492/3 | €7,490 | - | -€7,490 | |
| Remuneration, social security and pensions | 62 | €354,323 | €360,464 | +€6,141 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,703 | €37,298 | -€8,405 | -18.4% |
| Other operating charges | 640/8 | €1,745 | €1,327 | -€418 | -23.9% |
| Gross operating margin | 9900 | €618,921 | €856,985 | +€238,063 | +38.5% |
| Operating profit (loss) | 9901 | €217,150 | €457,896 | +€240,746 | +111% |
| Financial income | 75/76B | €79 | €75 | -€4 | -4.8% |
| Recurring financial income | 75 | €79 | €75 | -€4 | -4.8% |
| Financial charges | 65/66B | €159 | €442 | +€282 | +177% |
| Recurring financial charges | 65 | €159 | €442 | +€282 | +177% |
| Profit (loss) for the period before taxes | 9903 | €217,070 | €457,529 | +€240,459 | +111% |
| Income taxes | 67/77 | €13,716 | €25,671 | +€11,955 | +87.2% |
| Profit (loss) for the period | 9904 | €203,354 | €431,858 | +€228,504 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €203,354 | €431,858 | +€228,504 | +112% |
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 24 October 2026 via checked.be.