MODULO ARCHITECTS: what changed
Two fiscal 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.
MODULO ARCHITECTS
Largest movements
- Cash -€1.5m
down €1.5m (-62.6%), from €2.4m to €898,310
mainly Receivables within one year (-€1.0m) and Other debts (-€471,948)
- Receivables within one year +€1.0m
up €1.0m (+380.9%), from €272,105 to €1.3m
of which Other amounts receivable: +€891,551
- Other debts -€471,948
down €471,948 (-60.7%), from €777,866 to €305,918
- Tax, wage and social debts -€226,022
down €226,022 (-40.0%), from €564,970 to €338,948
of which Taxes: -€226,022
- Reserves +€174,000
up €174,000 (+31.8%), from €547,723 to €721,723
of which Distributable reserves: +€174,000
- Profit (loss) carried forward +€53,297
up €53,297 (+40.1%), from €133,044 to €186,341
- Turnover +€4.6m
new in 2025: €4.6m
- Purchases and services +€3.4m
new in 2025: €3.4m
- Gross operating margin +€112,618
up €112,618 (+10.6%), from €1.1m to €1.2m
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.
Cash bridge derived
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 | €3,422,001 | €2,940,444 | -€481,556 | -14.1% |
| Fixed assets | 21/28 | €632,269 | €629,780 | -€2,489 | -0.4% |
| Intangible fixed assets | 21 | €3,743 | €8,731 | +€4,989 | +133.3% |
| Tangible fixed assets | 22/27 | €543,031 | €535,552 | -€7,478 | -1.4% |
| Land and buildings | 22 | €498,497 | €504,639 | +€6,142 | +1.2% |
| Plant, machinery and equipment | 23 | €9,553 | €8,745 | -€808 | -8.5% |
| Furniture and vehicles | 24 | €34,980 | €22,169 | -€12,812 | -36.6% |
| Financial fixed assets | 28 | €85,496 | €85,496 | = | 0.0% |
| Current assets | 29/58 | €2,789,731 | €2,310,664 | -€479,067 | -17.2% |
| Amounts receivable within one year | 40/41 | €272,105 | €1,308,620 | +€1.0m | +380.9% |
| Trade receivables | 40 | €198,937 | €343,902 | +€144,964 | +72.9% |
| Other amounts receivable | 41 | €73,167 | €964,718 | +€891,551 | +1218.5% |
| Cash at bank and in hand | 54/58 | €2,402,704 | €898,310 | -€1.5m | -62.6% |
| Deferred charges and accrued income | 490/1 | €114,923 | €103,734 | -€11,188 | -9.7% |
| Total equity and liabilities | 10/49 | €3,422,001 | €2,940,444 | -€481,556 | -14.1% |
| Equity | 10/15 | €696,627 | €923,924 | +€227,297 | +32.6% |
| Contributions | 10/11 | €15,860 | €15,860 | = | 0.0% |
| Reserves | 13 | €547,723 | €721,723 | +€174,000 | +31.8% |
| Tax-exempt reserves | 132 | €42,750 | €42,750 | = | 0.0% |
| Distributable reserves | 133 | €504,973 | €678,973 | +€174,000 | +34.5% |
| Profit (loss) carried forward | 14 | €133,044 | €186,341 | +€53,297 | +40.1% |
| Amounts payable | 17/49 | €2,725,374 | €2,016,520 | -€708,853 | -26.0% |
| Amounts payable after more than one year | 17 | €395,406 | €371,682 | -€23,724 | -6.0% |
| Financial debts | 170/4 | €395,406 | €371,682 | -€23,724 | -6.0% |
| Amounts payable within one year | 42/48 | €2,329,318 | €1,641,783 | -€687,535 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €32,749 | €25,650 | -€7,099 | -21.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €953,733 | €971,267 | +€17,534 | +1.8% |
| Suppliers | 440/4 | €953,733 | €971,267 | +€17,534 | +1.8% |
| Taxes, remuneration and social security | 45 | €564,970 | €338,948 | -€226,022 | -40.0% |
| Taxes | 450/3 | €564,970 | €338,948 | -€226,022 | -40.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €777,866 | €305,918 | -€471,948 | -60.7% |
| Accrued charges and deferred income | 492/3 | €650 | €3,055 | +€2,405 | +370.1% |
| Turnover | 70 | - | €4,552,559 | +€4.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €3,423,536 | +€3.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,748 | €43,167 | -€6,582 | -13.2% |
| Other operating charges | 640/8 | €12,114 | €10,882 | -€1,232 | -10.2% |
| Non-recurring operating charges | 66A | - | €198,140 | +€198,140 | |
| Gross operating margin | 9900 | €1,064,391 | €1,177,009 | +€112,618 | +10.6% |
| Operating profit (loss) | 9901 | €1,002,529 | €924,820 | -€77,709 | -7.8% |
| Financial income | 75/76B | €3,502 | €14,088 | +€10,587 | +302.3% |
| Recurring financial income | 75 | €3,502 | €14,088 | +€10,587 | +302.3% |
| Financial charges | 65/66B | €30,584 | €28,430 | -€2,154 | -7.0% |
| Recurring financial charges | 65 | €30,584 | €28,430 | -€2,154 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €975,446 | €910,478 | -€64,968 | -6.7% |
| Income taxes | 67/77 | €259,199 | €251,181 | -€8,017 | -3.1% |
| Profit (loss) for the period | 9904 | €716,248 | €659,297 | -€56,951 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €716,248 | €659,297 | -€56,951 | -8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.