May Build Architecture: what changed
What changed
May Build Architecture
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€87,143
2024 · €50,567+€36,575
Equity
€133,502
2024 · €46,359+€87,143
Cash
€146,461
2024 · €45,915+€100,546
Balance sheet total
€179,625
2024 · €63,807+€115,819
Largest movements
Assets
- Cash +€100,546
up €100,546 (+219%), from €45,915 to €146,461
mainly Net result for the year (+€87,143) and Tax, wage and social debts (+€35,817)
- Receivables within one year +€14,142
up €14,142 (+96.1%), from €14,714 to €28,855
of which Other amounts receivable: +€20,607
Equity and liabilities
- Reserves +€65,003
up €65,003 (+116%), from €56,099 to €121,102
of which Distributable reserves: +€65,003
- Tax, wage and social debts +€35,817
up €35,817 (+534%), from €6,713 to €42,529
- Profit (loss) carried forward +€22,140
up €22,140, from -€22,140 to €0
- Current portion of long-term debt -€6,100
down €6,100 (-100%), from €6,100 to €0
Income statement
- Gross operating margin +€74,502
up €74,502 (+135%), from €55,036 to €129,538
- Taxes +€41,789
up €41,789, from -€884 to €40,905
- Other operating charges -€2,564
down €2,564 (-80.3%), from €3,192 to €628
- Financial charges -€1,369
down €1,369 (-82.4%), from €1,662 to €293
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€50,567
Gross operating margin
+€74,502
Depreciation
-€702
Other operating charges
+€2,564
Financial income
+€632
Financial charges
+€1,369
Taxes
-€41,789
Result 2025
€87,143
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€109,425
Investment
-€1,979
Financing
-€6,900
Cash 2024
€45,915
From operations (derived)
+€109,425
Net result for the year
+€87,143
Depreciation
+€1,480
Receivables within one year
-€14,142
Deferred charges and accrued income
-€632
Trade debts
-€441
Tax, wage and social debts
+€35,817
Accrued charges and deferred income
+€200
Investment (derived)
-€1,979
Investment in fixed assets (net)
-€1,979
Financing
-€6,900
Current portion of long-term debt
-€6,100
Short-term financial debts
-€800
Cash 2025
€146,461
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,807 | €179,625 | +€115,819 | +182% |
| Fixed assets | 21/28 | €2,899 | €3,398 | +€499 | +17.2% |
| Tangible fixed assets | 22/27 | €2,349 | €3,398 | +€1,049 | +44.7% |
| Plant, machinery and equipment | 23 | €2,349 | €1,281 | -€1,068 | -45.5% |
| Furniture and vehicles | 24 | - | €2,118 | +€2,118 | |
| Financial fixed assets | 28 | €550 | €0 | -€550 | -100% |
| Current assets | 29/58 | €60,908 | €176,227 | +€115,319 | +189% |
| Amounts receivable within one year | 40/41 | €14,714 | €28,855 | +€14,142 | +96.1% |
| Trade receivables | 40 | €12,713 | €6,248 | -€6,465 | -50.9% |
| Other amounts receivable | 41 | €2,001 | €22,608 | +€20,607 | +1,030% |
| Cash at bank and in hand | 54/58 | €45,915 | €146,461 | +€100,546 | +219% |
| Deferred charges and accrued income | 490/1 | €278 | €910 | +€632 | +227% |
| Total equity and liabilities | 10/49 | €63,807 | €179,625 | +€115,819 | +182% |
| Equity | 10/15 | €46,359 | €133,502 | +€87,143 | +188% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €56,099 | €121,102 | +€65,003 | +116% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €54,239 | €119,242 | +€65,003 | +120% |
| Profit (loss) carried forward | 14 | -€22,140 | €0 | +€22,140 | |
| Amounts payable | 17/49 | €17,448 | €46,124 | +€28,676 | +164% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,783 | €45,259 | +€28,476 | +170% |
| Current portion of amounts payable after more than one year | 42 | €6,100 | €0 | -€6,100 | -100% |
| Financial debts | 43 | €912 | €113 | -€800 | -87.7% |
| Credit institutions | 430/8 | €912 | €113 | -€800 | -87.7% |
| Trade debts | 44 | €3,057 | €2,617 | -€441 | -14.4% |
| Suppliers | 440/4 | €3,057 | €2,617 | -€441 | -14.4% |
| Taxes, remuneration and social security | 45 | €6,713 | €42,529 | +€35,817 | +534% |
| Taxes | 450/3 | €6,713 | €42,529 | +€35,817 | +534% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €665 | €865 | +€200 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €1,480 | +€702 | +90.3% |
| Other operating charges | 640/8 | €3,192 | €628 | -€2,564 | -80.3% |
| Gross operating margin | 9900 | €55,036 | €129,538 | +€74,502 | +135% |
| Operating profit (loss) | 9901 | €51,066 | €127,430 | +€76,364 | +150% |
| Financial income | 75/76B | €278 | €910 | +€632 | +227% |
| Recurring financial income | 75 | €278 | €910 | +€632 | +227% |
| Financial charges | 65/66B | €1,662 | €293 | -€1,369 | -82.4% |
| Recurring financial charges | 65 | €1,662 | €293 | -€1,369 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | €49,683 | €128,047 | +€78,364 | +158% |
| Income taxes | 67/77 | -€884 | €40,905 | +€41,789 | |
| Profit (loss) for the period | 9904 | €50,567 | €87,143 | +€36,575 | +72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,567 | €87,143 | +€36,575 | +72.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.