OUTDOOR MODULAR ARCHITECTURE: 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.
OUTDOOR MODULAR ARCHITECTURE
Largest movements
- Cash -€114,682
down €114,682 (-62.9%), from €182,208 to €67,526
mainly Short-term financial debts (-€225,000) and Contributions, distributions and other (-€190,000)
- Stocks and contracts +€112,797
up €112,797 (+19.4%), from €581,703 to €694,500
of which Stocks: +€112,797
- Receivables within one year +€69,214
up €69,214 (+25.4%), from €272,531 to €341,745
of which Trade receivables: +€67,092
- Tangible fixed assets -€37,167
down €37,167 (-44.3%), from €83,833 to €46,665
of which Furniture and vehicles: -€32,863
- Intangible fixed assets -€12,753
down €12,753 (-22.5%), from €56,768 to €44,015
- Short-term financial debts -€225,000
down €225,000 (-50.0%), from €450,000 to €225,000
- Other debts +€172,199
up €172,199 (+666%), from €25,839 to €198,038
- Trade debts +€64,140
up €64,140 (+35.2%), from €182,153 to €246,293
- Tax, wage and social debts +€30,142
up €30,142 (+209%), from €14,422 to €44,564
of which Remuneration and social security: +€23,291
- Current portion of long-term debt -€11,999
down €11,999 (-40.5%), from €29,623 to €17,624
- Gross operating margin +€249,537
up €249,537 (+81.9%), from €304,558 to €554,094
- Staff costs +€162,395
up €162,395 (+163%), from €99,415 to €261,809
- Financial charges -€38,944
down €38,944 (-84.6%), from €46,055 to €7,111
- Taxes +€11,650
up €11,650 (+41.8%), from €27,845 to €39,495
- Depreciation +€6,588
up €6,588 (+11.9%), from €55,331 to €61,919
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 | €1,178,249 | €1,196,433 | +€18,184 | +1.5% |
| Fixed assets | 21/28 | €140,600 | €90,681 | -€49,920 | -35.5% |
| Intangible fixed assets | 21 | €56,768 | €44,015 | -€12,753 | -22.5% |
| Tangible fixed assets | 22/27 | €83,833 | €46,665 | -€37,167 | -44.3% |
| Plant, machinery and equipment | 23 | €8,948 | €4,644 | -€4,304 | -48.1% |
| Furniture and vehicles | 24 | €74,885 | €42,022 | -€32,863 | -43.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €1,037,648 | €1,105,752 | +€68,104 | +6.6% |
| Stocks and contracts in progress | 3 | €581,703 | €694,500 | +€112,797 | +19.4% |
| Stocks | 30/36 | €541,703 | €654,500 | +€112,797 | +20.8% |
| Contracts in progress | 37 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €272,531 | €341,745 | +€69,214 | +25.4% |
| Trade receivables | 40 | €235,450 | €302,543 | +€67,092 | +28.5% |
| Other amounts receivable | 41 | €37,081 | €39,202 | +€2,122 | +5.7% |
| Cash at bank and in hand | 54/58 | €182,208 | €67,526 | -€114,682 | -62.9% |
| Deferred charges and accrued income | 490/1 | €1,206 | €1,981 | +€775 | +64.3% |
| Total equity and liabilities | 10/49 | €1,178,249 | €1,196,433 | +€18,184 | +1.5% |
| Equity | 10/15 | €474,140 | €464,681 | -€9,460 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €455,540 | €446,081 | -€9,460 | -2.1% |
| Distributable reserves | 133 | €455,540 | €446,081 | -€9,460 | -2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €704,108 | €731,752 | +€27,644 | +3.9% |
| Amounts payable after more than one year | 17 | €921 | €0 | -€921 | -100% |
| Financial debts | 170/4 | €921 | €0 | -€921 | -100% |
| Amounts payable within one year | 42/48 | €702,037 | €731,519 | +€29,482 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €29,623 | €17,624 | -€11,999 | -40.5% |
| Financial debts | 43 | €450,000 | €225,000 | -€225,000 | -50.0% |
| Credit institutions | 430/8 | €450,000 | €225,000 | -€225,000 | -50.0% |
| Trade debts | 44 | €182,153 | €246,293 | +€64,140 | +35.2% |
| Suppliers | 440/4 | €182,153 | €246,293 | +€64,140 | +35.2% |
| Taxes, remuneration and social security | 45 | €14,422 | €44,564 | +€30,142 | +209% |
| Taxes | 450/3 | €12,845 | €19,697 | +€6,851 | +53.3% |
| Remuneration and social security | 454/9 | €1,577 | €24,868 | +€23,291 | +1,477% |
| Other amounts payable | 47/48 | €25,839 | €198,038 | +€172,199 | +666% |
| Accrued charges and deferred income | 492/3 | €1,150 | €233 | -€917 | -79.7% |
| Remuneration, social security and pensions | 62 | €99,415 | €261,809 | +€162,395 | +163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,331 | €61,919 | +€6,588 | +11.9% |
| Other operating charges | 640/8 | €3,555 | €3,220 | -€334 | -9.4% |
| Gross operating margin | 9900 | €304,558 | €554,094 | +€249,537 | +81.9% |
| Operating profit (loss) | 9901 | €146,257 | €227,145 | +€80,888 | +55.3% |
| Financial income | 75/76B | €528 | €1 | -€527 | -99.8% |
| Recurring financial income | 75 | €528 | €1 | -€527 | -99.8% |
| Financial charges | 65/66B | €46,055 | €7,111 | -€38,944 | -84.6% |
| Recurring financial charges | 65 | €46,055 | €7,111 | -€38,944 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €100,730 | €220,035 | +€119,305 | +118% |
| Income taxes | 67/77 | €27,845 | €39,495 | +€11,650 | +41.8% |
| Profit (loss) for the period | 9904 | €72,885 | €180,540 | +€107,656 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €72,885 | €180,540 | +€107,656 | +148% |
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 24 October 2026 via checked.be.