MERTENS-ARCHITECTEN: what changed
What changed
MERTENS-ARCHITECTEN
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€53,830
2024 · €39,007+€14,823
Equity
€1.0m
2024 · €975,088+€53,830
Cash
€658,641
2024 · €865,708-€207,067
Balance sheet total
€2.2m
2024 · €3.1m-€855,694
Largest movements
Assets
- Deferred charges and accrued income -€987,421
down €987,421 (-100%), from €987,421 to €0
- Receivables within one year +€395,000
up €395,000 (+43.3%), from €911,358 to €1.3m
of which Trade receivables: +€413,224
- Cash -€207,067
down €207,067 (-23.9%), from €865,708 to €658,641
mainly Trade debts (-€1.2m) and Receivables within one year (-€395,000)
- Tangible fixed assets -€56,206
down €56,206 (-17.1%), from €329,209 to €273,003
of which Land and buildings: -€66,186
Equity and liabilities
- Trade debts -€1.2m
down €1.2m (-66.5%), from €1.9m to €620,877
- Other debts +€341,000
new in 2025: €341,000
- Profit (loss) carried forward +€53,830
up €53,830 (+22.7%), from €237,033 to €290,863
Income statement
- Gross operating margin +€23,735
up €23,735 (+10.1%), from €234,697 to €258,432
- Staff costs +€10,160
up €10,160 (+11.8%), from €86,455 to €96,615
- Provisions -€10,000
down €10,000 (-100%), from €10,000 to €0
- Taxes +€4,739
up €4,739 (+29.5%), from €16,037 to €20,776
- Financial charges +€3,845
up €3,845 (+295%), from €1,302 to €5,147
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
€39,007
Gross operating margin
+€23,735
Staff costs
-€10,160
Depreciation
+€1,169
Provisions
+€10,000
Other operating charges
-€201
Financial income
-€1,136
Financial charges
-€3,845
Taxes
-€4,739
Result 2025
€53,830
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
-€171,097
Investment
-€22,367
Financing
-€13,602
Cash 2024
€865,708
From operations (derived)
-€171,097
Net result for the year
+€53,830
Depreciation
+€78,574
Receivables within one year
-€395,000
Deferred charges and accrued income
+€987,421
Trade debts
-€1.2m
Tax, wage and social debts
-€3,239
Other debts
+€341,000
Investment (derived)
-€22,367
Investment in fixed assets (net)
-€22,367
Financing
-€13,602
Current portion of long-term debt
-€13,602
Cash 2025
€658,641
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,097,933 | €2,242,238 | -€855,694 | -27.6% |
| Fixed assets | 21/28 | €333,445 | €277,239 | -€56,206 | -16.9% |
| Tangible fixed assets | 22/27 | €329,209 | €273,003 | -€56,206 | -17.1% |
| Land and buildings | 22 | €303,969 | €237,783 | -€66,186 | -21.8% |
| Plant, machinery and equipment | 23 | €18,402 | €21,966 | +€3,564 | +19.4% |
| Furniture and vehicles | 24 | €6,838 | €13,253 | +€6,415 | +93.8% |
| Financial fixed assets | 28 | €4,236 | €4,236 | = | 0.0% |
| Current assets | 29/58 | €2,764,488 | €1,964,999 | -€799,488 | -28.9% |
| Amounts receivable within one year | 40/41 | €911,358 | €1,306,358 | +€395,000 | +43.3% |
| Trade receivables | 40 | €735,331 | €1,148,555 | +€413,224 | +56.2% |
| Other amounts receivable | 41 | €176,027 | €157,803 | -€18,224 | -10.4% |
| Cash at bank and in hand | 54/58 | €865,708 | €658,641 | -€207,067 | -23.9% |
| Deferred charges and accrued income | 490/1 | €987,421 | €0 | -€987,421 | -100% |
| Total equity and liabilities | 10/49 | €3,097,933 | €2,242,238 | -€855,694 | -27.6% |
| Equity | 10/15 | €975,088 | €1,028,919 | +€53,830 | +5.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €731,850 | €731,850 | = | 0.0% |
| Distributable reserves | 133 | €731,850 | €731,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €237,033 | €290,863 | +€53,830 | +22.7% |
| Provisions and deferred taxes | 16 | €140,000 | €140,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €140,000 | €140,000 | = | 0.0% |
| Environmental obligations | 163 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,982,844 | €1,073,320 | -€909,525 | -45.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,982,844 | €1,073,320 | -€909,525 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | €13,602 | €0 | -€13,602 | -100% |
| Trade debts | 44 | €1,854,561 | €620,877 | -€1.2m | -66.5% |
| Suppliers | 440/4 | €1,854,561 | €620,877 | -€1.2m | -66.5% |
| Taxes, remuneration and social security | 45 | €114,681 | €111,442 | -€3,239 | -2.8% |
| Taxes | 450/3 | €103,470 | €99,858 | -€3,612 | -3.5% |
| Remuneration and social security | 454/9 | €11,211 | €11,585 | +€374 | +3.3% |
| Other amounts payable | 47/48 | - | €341,000 | +€341,000 | |
| Remuneration, social security and pensions | 62 | €86,455 | €96,615 | +€10,160 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,743 | €78,574 | -€1,169 | -1.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,000 | €0 | -€10,000 | -100% |
| Other operating charges | 640/8 | €6,461 | €6,662 | +€201 | +3.1% |
| Gross operating margin | 9900 | €234,697 | €258,432 | +€23,735 | +10.1% |
| Operating profit (loss) | 9901 | €52,038 | €76,581 | +€24,544 | +47.2% |
| Financial income | 75/76B | €4,308 | €3,172 | -€1,136 | -26.4% |
| Recurring financial income | 75 | €4,308 | €3,172 | -€1,136 | -26.4% |
| Financial charges | 65/66B | €1,302 | €5,147 | +€3,845 | +295% |
| Recurring financial charges | 65 | €1,302 | €5,147 | +€3,845 | +295% |
| Profit (loss) for the period before taxes | 9903 | €55,044 | €74,606 | +€19,562 | +35.5% |
| Income taxes | 67/77 | €16,037 | €20,776 | +€4,739 | +29.5% |
| Profit (loss) for the period | 9904 | €39,007 | €53,830 | +€14,823 | +38.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,007 | €53,830 | +€14,823 | +38.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.