Michael WARNOTTE Architecte: 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.
Michael WARNOTTE Architecte
Largest movements
- Receivables within one year +€7,821
up €7,821 (+12.5%), from €62,500 to €70,321
- Cash -€1,968
no longer reported in 2025 (was €1,968)
mainly Receivables within one year (-€7,821) and Tax, wage and social debts (-€2,907)
- Tangible fixed assets -€1,083
no longer reported in 2025 (was €1,083)
- Short-term financial debts +€4,190
new in 2025: €4,190
- Reserves +€3,500
up €3,500 (+6.5%), from €53,500 to €57,000
- Tax, wage and social debts -€2,907
down €2,907 (-50.7%), from €5,739 to €2,832
- Gross operating margin +€14,888
up €14,888, from -€8,878 to €6,010
- Depreciation -€335
down €335 (-23.6%), from €1,418 to €1,083
- Other operating charges +€311
up €311 (+131%), from €238 to €548
- Financial charges +€247
up €247 (+58.5%), from €423 to €671
- Financial income +€223
new in 2025: €223
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 | €66,264 | €71,058 | +€4,794 | +7.2% |
| Fixed assets | 21/28 | €1,183 | €100 | -€1,083 | -91.5% |
| Tangible fixed assets | 22/27 | €1,083 | - | -€1,083 | |
| Furniture and vehicles | 24 | €1,083 | - | -€1,083 | |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €65,081 | €70,958 | +€5,877 | +9.0% |
| Amounts receivable within one year | 40/41 | €62,500 | €70,321 | +€7,821 | +12.5% |
| Other amounts receivable | 41 | €62,500 | €70,321 | +€7,821 | +12.5% |
| Cash at bank and in hand | 54/58 | €1,968 | - | -€1,968 | |
| Deferred charges and accrued income | 490/1 | €613 | €637 | +€24 | +3.9% |
| Total equity and liabilities | 10/49 | €66,264 | €71,058 | +€4,794 | +7.2% |
| Equity | 10/15 | €59,921 | €63,642 | +€3,721 | +6.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €53,500 | €57,000 | +€3,500 | +6.5% |
| Distributable reserves | 133 | €53,500 | €57,000 | +€3,500 | +6.5% |
| Profit (loss) carried forward | 14 | €221 | €442 | +€221 | +100% |
| Amounts payable | 17/49 | €6,343 | €7,416 | +€1,073 | +16.9% |
| Amounts payable within one year | 42/48 | €6,343 | €7,416 | +€1,073 | +16.9% |
| Financial debts | 43 | - | €4,190 | +€4,190 | |
| Credit institutions | 430/8 | - | €4,190 | +€4,190 | |
| Trade debts | 44 | €385 | €393 | +€8 | +2.2% |
| Suppliers | 440/4 | €385 | €393 | +€8 | +2.2% |
| Taxes, remuneration and social security | 45 | €5,739 | €2,832 | -€2,907 | -50.7% |
| Taxes | 450/3 | €5,739 | €2,832 | -€2,907 | -50.7% |
| Other amounts payable | 47/48 | €219 | - | -€219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,418 | €1,083 | -€335 | -23.6% |
| Other operating charges | 640/8 | €238 | €548 | +€311 | +131% |
| Gross operating margin | 9900 | -€8,878 | €6,010 | +€14,888 | |
| Operating profit (loss) | 9901 | -€10,534 | €4,378 | +€14,913 | |
| Financial income | 75/76B | - | €223 | +€223 | |
| Recurring financial income | 75 | - | €223 | +€223 | |
| Financial charges | 65/66B | €423 | €671 | +€247 | +58.5% |
| Recurring financial charges | 65 | €423 | €671 | +€247 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,958 | €3,930 | +€14,888 | |
| Income taxes | 67/77 | €103 | €209 | +€107 | +104% |
| Profit (loss) for the period | 9904 | -€11,060 | €3,721 | +€14,781 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,060 | €3,721 | +€14,781 |
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 13 October 2026 via checked.be.