Neels Architecten: what changed
Neels Architecten
Largest movements
- Tangible fixed assets -€5,933
down €5,933 (-8.7%), from €68,135 to €62,202
of which Other tangible fixed assets: -€6,439
- Receivables within one year -€5,632
down €5,632 (-22.3%), from €25,306 to €19,675
of which Other amounts receivable: -€10,840
- Stocks and contracts -€4,520
down €4,520 (-100%), from €4,520 to €0
- Cash +€2,214
up €2,214 (+5.2%), from €42,608 to €44,822
mainly Depreciation (+€13,033) and Net result for the year (+€12,989)
- Reserves -€17,011
down €17,011 (-17.3%), from €98,439 to €81,428
- Other debts +€5,908
up €5,908 (+79.1%), from €7,467 to €13,376
- Current portion of long-term debt -€4,821
down €4,821 (-87.2%), from €5,531 to €710
- Trade debts +€2,837
up €2,837 (+91.3%), from €3,108 to €5,945
- Gross operating margin +€17,024
up €17,024 (+80.3%), from €21,211 to €38,235
- Financial charges +€5,817
up €5,817 (+444%), from €1,311 to €7,128
- Taxes +€2,110
up €2,110 (+105%), from €2,005 to €4,115
- Depreciation +€1,464
up €1,464 (+12.7%), from €11,569 to €13,033
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,810 | €126,699 | -€14,111 | -10.0% |
| Fixed assets | 21/28 | €68,135 | €62,202 | -€5,933 | -8.7% |
| Tangible fixed assets | 22/27 | €68,135 | €62,202 | -€5,933 | -8.7% |
| Furniture and vehicles | 24 | €2,496 | €3,571 | +€1,075 | +43.1% |
| Leasing and similar rights | 25 | €2,168 | €1,599 | -€569 | -26.2% |
| Other tangible fixed assets | 26 | €63,471 | €57,032 | -€6,439 | -10.1% |
| Current assets | 29/58 | €72,675 | €64,497 | -€8,178 | -11.3% |
| Stocks and contracts in progress | 3 | €4,520 | €0 | -€4,520 | -100% |
| Contracts in progress | 37 | €4,520 | €0 | -€4,520 | -100% |
| Amounts receivable within one year | 40/41 | €25,306 | €19,675 | -€5,632 | -22.3% |
| Trade receivables | 40 | €12,482 | €17,690 | +€5,208 | +41.7% |
| Other amounts receivable | 41 | €12,824 | €1,984 | -€10,840 | -84.5% |
| Cash at bank and in hand | 54/58 | €42,608 | €44,822 | +€2,214 | +5.2% |
| Deferred charges and accrued income | 490/1 | €240 | €0 | -€240 | -100% |
| Total equity and liabilities | 10/49 | €140,810 | €126,699 | -€14,111 | -10.0% |
| Equity | 10/15 | €117,039 | €100,028 | -€17,011 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €98,439 | €81,428 | -€17,011 | -17.3% |
| Distributable reserves | 133 | €98,439 | €81,428 | -€17,011 | -17.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,771 | €26,671 | +€2,900 | +12.2% |
| Amounts payable after more than one year | 17 | €710 | €0 | -€710 | -100% |
| Financial debts | 170/4 | €710 | €0 | -€710 | -100% |
| Amounts payable within one year | 42/48 | €22,849 | €26,459 | +€3,610 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €5,531 | €710 | -€4,821 | -87.2% |
| Trade debts | 44 | €3,108 | €5,945 | +€2,837 | +91.3% |
| Suppliers | 440/4 | €3,108 | €5,945 | +€2,837 | +91.3% |
| Taxes, remuneration and social security | 45 | €6,743 | €6,428 | -€315 | -4.7% |
| Taxes | 450/3 | €6,743 | €6,428 | -€315 | -4.7% |
| Other amounts payable | 47/48 | €7,467 | €13,376 | +€5,908 | +79.1% |
| Accrued charges and deferred income | 492/3 | €212 | €212 | = | 0.0% |
| Remuneration, social security and pensions | 62 | -€88 | €112 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,569 | €13,033 | +€1,464 | +12.7% |
| Other operating charges | 640/8 | €1,203 | €969 | -€234 | -19.4% |
| Gross operating margin | 9900 | €21,211 | €38,235 | +€17,024 | +80.3% |
| Operating profit (loss) | 9901 | €8,527 | €24,121 | +€15,594 | +183% |
| Financial income | 75/76B | €16 | €111 | +€95 | +587% |
| Recurring financial income | 75 | €16 | €111 | +€95 | +587% |
| Financial charges | 65/66B | €1,311 | €7,128 | +€5,817 | +444% |
| Recurring financial charges | 65 | €1,311 | €7,128 | +€5,817 | +444% |
| Profit (loss) for the period before taxes | 9903 | €7,232 | €17,104 | +€9,872 | +137% |
| Income taxes | 67/77 | €2,005 | €4,115 | +€2,110 | +105% |
| Profit (loss) for the period | 9904 | €5,227 | €12,989 | +€7,762 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €5,227 | €12,989 | +€7,762 | +148% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.