NOORD ARCHITECTEN: what changed
What changed
NOORD ARCHITECTEN
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€31,702
2024 · €43,530-€11,828
Equity
€481,636
2024 · €477,054+€4,582
Cash
€432,651
2024 · €125,925+€306,726
Balance sheet total
€766,203
2024 · €643,647+€122,557
Largest movements
Assets
- Cash +€306,726
up €306,726 (+244%), from €125,925 to €432,651
mainly Receivables within one year (+€160,493) and Trade debts (+€76,158)
- Receivables within one year -€160,493
down €160,493 (-36.5%), from €440,184 to €279,690
of which Trade receivables: -€123,207
- Deferred charges and accrued income -€23,443
down €23,443 (-72.6%), from €32,273 to €8,830
Equity and liabilities
- Trade debts +€76,158
up €76,158 (+71.3%), from €106,880 to €183,038
- Other debts +€31,348
up €31,348 (+324%), from €9,666 to €41,014
- Tax, wage and social debts +€21,027
up €21,027 (+54.7%), from €38,456 to €59,483
of which Taxes: +€16,862
- Current portion of long-term debt -€9,768
down €9,768 (-91.5%), from €10,679 to €911
Income statement
- Staff costs +€12,669
up €12,669 (+11.1%), from €113,950 to €126,619
- Gross operating margin -€12,283
down €12,283 (-6.2%), from €197,904 to €185,621
- Depreciation -€6,732
down €6,732 (-50.5%), from €13,320 to €6,588
- Taxes -€6,396
down €6,396 (-25.7%), from €24,859 to €18,462
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
€43,530
Gross operating margin
-€12,283
Staff costs
-€12,669
Depreciation
+€6,732
Other operating charges
-€17
Financial income
-€30
Financial charges
+€43
Taxes
+€6,396
Result 2025
€31,702
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
+€350,880
Investment
-€6,355
Financing
-€37,799
Cash 2024
€125,925
From operations (derived)
+€350,880
Net result for the year
+€31,702
Depreciation
+€6,588
Receivables within one year
+€160,493
Deferred charges and accrued income
+€23,443
Trade debts
+€76,158
Tax, wage and social debts
+€21,027
Other debts
+€31,348
Accrued charges and deferred income
+€121
Investment (derived)
-€6,355
Investment in fixed assets (net)
-€6,355
Financing
-€37,799
Debts after one year
-€911
Current portion of long-term debt
-€9,768
Contributions, distributions and other
-€27,120
Cash 2025
€432,651
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €643,647 | €766,203 | +€122,557 | +19.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €45,265 | €45,032 | -€233 | -0.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €45,265 | €45,032 | -€233 | -0.5% |
| Plant, machinery and equipment | 23 | €3,614 | €2,549 | -€1,066 | -29.5% |
| Furniture and vehicles | 24 | €6,352 | €11,185 | +€4,833 | +76.1% |
| Other tangible fixed assets | 26 | €35,299 | €31,299 | -€4,000 | -11.3% |
| Current assets | 29/58 | €598,382 | €721,171 | +€122,790 | +20.5% |
| Amounts receivable within one year | 40/41 | €440,184 | €279,690 | -€160,493 | -36.5% |
| Trade receivables | 40 | €399,296 | €276,089 | -€123,207 | -30.9% |
| Other amounts receivable | 41 | €40,888 | €3,601 | -€37,286 | -91.2% |
| Cash at bank and in hand | 54/58 | €125,925 | €432,651 | +€306,726 | +244% |
| Deferred charges and accrued income | 490/1 | €32,273 | €8,830 | -€23,443 | -72.6% |
| Total equity and liabilities | 10/49 | €643,647 | €766,203 | +€122,557 | +19.0% |
| Equity | 10/15 | €477,054 | €481,636 | +€4,582 | +1.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €415,554 | €420,136 | +€4,582 | +1.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €409,404 | €413,986 | +€4,582 | +1.1% |
| Amounts payable | 17/49 | €166,592 | €284,567 | +€117,975 | +70.8% |
| Amounts payable after more than one year | 17 | €911 | - | -€911 | |
| Financial debts | 170/4 | €911 | - | -€911 | |
| Amounts payable within one year | 42/48 | €165,681 | €284,446 | +€118,764 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €10,679 | €911 | -€9,768 | -91.5% |
| Trade debts | 44 | €106,880 | €183,038 | +€76,158 | +71.3% |
| Suppliers | 440/4 | €106,880 | €183,038 | +€76,158 | +71.3% |
| Taxes, remuneration and social security | 45 | €38,456 | €59,483 | +€21,027 | +54.7% |
| Taxes | 450/3 | €22,414 | €39,277 | +€16,862 | +75.2% |
| Remuneration and social security | 454/9 | €16,042 | €20,206 | +€4,164 | +26.0% |
| Other amounts payable | 47/48 | €9,666 | €41,014 | +€31,348 | +324% |
| Accrued charges and deferred income | 492/3 | - | €121 | +€121 | |
| Remuneration, social security and pensions | 62 | €113,950 | €126,619 | +€12,669 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,320 | €6,588 | -€6,732 | -50.5% |
| Other operating charges | 640/8 | €590 | €607 | +€17 | +2.9% |
| Gross operating margin | 9900 | €197,904 | €185,621 | -€12,283 | -6.2% |
| Operating profit (loss) | 9901 | €70,044 | €51,806 | -€18,238 | -26.0% |
| Financial income | 75/76B | €30 | €0 | -€30 | -98.8% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -98.8% |
| Financial charges | 65/66B | €1,685 | €1,642 | -€43 | -2.6% |
| Recurring financial charges | 65 | €1,685 | €1,642 | -€43 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €68,389 | €50,165 | -€18,225 | -26.6% |
| Income taxes | 67/77 | €24,859 | €18,462 | -€6,396 | -25.7% |
| Profit (loss) for the period | 9904 | €43,530 | €31,702 | -€11,828 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €43,530 | €31,702 | -€11,828 | -27.2% |
Next steps
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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 2 November 2026 via checked.be.