MULTIPLE-ARCHITECTURE &URBANISM: 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.
MULTIPLE-ARCHITECTURE &URBANISM
Largest movements
- Receivables within one year -€81,542
down €81,542 (-48.1%), from €169,426 to €87,884
of which Other amounts receivable: -€83,261
- Cash -€39,186
down €39,186 (-8.7%), from €448,548 to €409,362
mainly Trade debts (-€51,755) and Contributions, distributions and other (-€45,908)
- Tangible fixed assets +€18,229
up €18,229 (+12.5%), from €145,434 to €163,664
of which Other tangible fixed assets: +€9,640
- Trade debts -€51,755
down €51,755 (-21.9%), from €236,114 to €184,359
- Tax, wage and social debts -€31,581
down €31,581 (-67.0%), from €47,140 to €15,558
of which Taxes: -€31,581
- Accrued charges and deferred income -€9,883
down €9,883 (-5.3%), from €188,188 to €178,305
- Gross operating margin -€128,390
down €128,390 (-59.9%), from €214,440 to €86,049
- Taxes -€31,650
down €31,650 (-61.7%), from €51,322 to €19,672
- Other operating charges -€26,299
down €26,299 (-98.5%), from €26,699 to €400
- Depreciation +€10,724
up €10,724 (+73.3%), from €14,625 to €25,349
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 | €885,946 | €787,225 | -€98,721 | -11.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €152,684 | €169,064 | +€16,379 | +10.7% |
| Tangible fixed assets | 22/27 | €145,434 | €163,664 | +€18,229 | +12.5% |
| Furniture and vehicles | 24 | €15,690 | €24,279 | +€8,589 | +54.7% |
| Other tangible fixed assets | 26 | €129,744 | €139,384 | +€9,640 | +7.4% |
| Financial fixed assets | 28 | €7,250 | €5,400 | -€1,850 | -25.5% |
| Current assets | 29/58 | €733,262 | €618,161 | -€115,100 | -15.7% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,426 | €87,884 | -€81,542 | -48.1% |
| Trade receivables | 40 | €48,422 | €50,140 | +€1,719 | +3.5% |
| Other amounts receivable | 41 | €121,005 | €37,744 | -€83,261 | -68.8% |
| Cash at bank and in hand | 54/58 | €448,548 | €409,362 | -€39,186 | -8.7% |
| Deferred charges and accrued income | 490/1 | €5,287 | €10,914 | +€5,628 | +106% |
| Total equity and liabilities | 10/49 | €885,946 | €787,225 | -€98,721 | -11.1% |
| Equity | 10/15 | €318,041 | €313,449 | -€4,592 | -1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €283,668 | €279,077 | -€4,592 | -1.6% |
| Distributable reserves | 133 | €283,668 | €279,077 | -€4,592 | -1.6% |
| Profit (loss) carried forward | 14 | €21,972 | €21,972 | = | 0.0% |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Environmental obligations | 163 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €557,905 | €463,776 | -€94,129 | -16.9% |
| Amounts payable within one year | 42/48 | €369,718 | €285,471 | -€84,246 | -22.8% |
| Financial debts | 43 | €688 | €686 | -€2 | -0.3% |
| Credit institutions | 430/8 | €688 | €686 | -€2 | -0.3% |
| Trade debts | 44 | €236,114 | €184,359 | -€51,755 | -21.9% |
| Suppliers | 440/4 | €236,114 | €184,359 | -€51,755 | -21.9% |
| Taxes, remuneration and social security | 45 | €47,140 | €15,558 | -€31,581 | -67.0% |
| Taxes | 450/3 | €47,140 | €15,558 | -€31,581 | -67.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €85,776 | €84,868 | -€908 | -1.1% |
| Accrued charges and deferred income | 492/3 | €188,188 | €178,305 | -€9,883 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,625 | €25,349 | +€10,724 | +73.3% |
| Other operating charges | 640/8 | €26,699 | €400 | -€26,299 | -98.5% |
| Gross operating margin | 9900 | €214,440 | €86,049 | -€128,390 | -59.9% |
| Operating profit (loss) | 9901 | €173,116 | €60,300 | -€112,815 | -65.2% |
| Financial income | 75/76B | €610 | €1,616 | +€1,007 | +165% |
| Recurring financial income | 75 | €610 | €1,616 | +€1,007 | +165% |
| Financial charges | 65/66B | €1,433 | €928 | -€505 | -35.2% |
| Recurring financial charges | 65 | €1,433 | €928 | -€505 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €172,292 | €60,989 | -€111,303 | -64.6% |
| Income taxes | 67/77 | €51,322 | €19,672 | -€31,650 | -61.7% |
| Profit (loss) for the period | 9904 | €120,970 | €41,316 | -€79,654 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,970 | €41,316 | -€79,654 | -65.8% |
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 27 October 2026 via checked.be.