P. THIRY Architecte: 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.
P. THIRY Architecte
Largest movements
- Tangible fixed assets +€50,771
up €50,771 (+32.2%), from €157,853 to €208,624
of which Furniture and vehicles: +€56,171
- Cash +€14,008
up €14,008 (+21.7%), from €64,660 to €78,668
mainly Net result for the year (+€55,670) and Other debts (+€51,781)
- Receivables within one year -€3,257
down €3,257 (-20.2%), from €16,126 to €12,870
of which Trade receivables: -€8,084
- Other debts +€51,781
up €51,781 (+921%), from €5,619 to €57,400
- Debts after one year +€8,952
up €8,952 (+9.9%), from €90,136 to €99,088
- Current portion of long-term debt +€5,678
up €5,678 (+39.9%), from €14,226 to €19,904
- Gross operating margin +€27,977
up €27,977 (+38.5%), from €72,685 to €100,663
- Taxes +€8,112
up €8,112 (+60.1%), from €13,494 to €21,606
- Depreciation -€2,468
down €2,468 (-11.4%), from €21,669 to €19,201
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 | €249,793 | €309,977 | +€60,184 | +24.1% |
| Fixed assets | 21/28 | €157,928 | €208,699 | +€50,771 | +32.1% |
| Tangible fixed assets | 22/27 | €157,853 | €208,624 | +€50,771 | +32.2% |
| Land and buildings | 22 | €136,800 | €131,400 | -€5,400 | -3.9% |
| Furniture and vehicles | 24 | €21,053 | €77,224 | +€56,171 | +267% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €91,865 | €101,278 | +€9,413 | +10.2% |
| Amounts receivable within one year | 40/41 | €16,126 | €12,870 | -€3,257 | -20.2% |
| Trade receivables | 40 | €8,084 | - | -€8,084 | |
| Other amounts receivable | 41 | €8,042 | €12,870 | +€4,828 | +60.0% |
| Cash at bank and in hand | 54/58 | €64,660 | €78,668 | +€14,008 | +21.7% |
| Deferred charges and accrued income | 490/1 | €11,079 | €9,741 | -€1,338 | -12.1% |
| Total equity and liabilities | 10/49 | €249,793 | €309,977 | +€60,184 | +24.1% |
| Equity | 10/15 | €133,538 | €131,809 | -€1,730 | -1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €121,110 | €119,370 | -€1,740 | -1.4% |
| Distributable reserves | 133 | €121,110 | €119,370 | -€1,740 | -1.4% |
| Profit (loss) carried forward | 14 | €28 | €39 | +€10 | +36.6% |
| Amounts payable | 17/49 | €116,255 | €178,168 | +€61,914 | +53.3% |
| Amounts payable after more than one year | 17 | €90,136 | €99,088 | +€8,952 | +9.9% |
| Financial debts | 170/4 | €90,136 | €99,088 | +€8,952 | +9.9% |
| Amounts payable within one year | 42/48 | €26,060 | €79,080 | +€53,020 | +203% |
| Current portion of amounts payable after more than one year | 42 | €14,226 | €19,904 | +€5,678 | +39.9% |
| Trade debts | 44 | €2,228 | €452 | -€1,776 | -79.7% |
| Suppliers | 440/4 | €2,228 | €452 | -€1,776 | -79.7% |
| Taxes, remuneration and social security | 45 | €3,987 | €1,325 | -€2,662 | -66.8% |
| Taxes | 450/3 | €3,987 | €1,325 | -€2,662 | -66.8% |
| Other amounts payable | 47/48 | €5,619 | €57,400 | +€51,781 | +921% |
| Accrued charges and deferred income | 492/3 | €58 | - | -€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,669 | €19,201 | -€2,468 | -11.4% |
| Other operating charges | 640/8 | €1,611 | €1,657 | +€46 | +2.8% |
| Gross operating margin | 9900 | €72,685 | €100,663 | +€27,977 | +38.5% |
| Operating profit (loss) | 9901 | €49,405 | €79,804 | +€30,399 | +61.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €2,497 | €2,528 | +€31 | +1.2% |
| Recurring financial charges | 65 | €2,497 | €2,528 | +€31 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €46,909 | €77,276 | +€30,368 | +64.7% |
| Income taxes | 67/77 | €13,494 | €21,606 | +€8,112 | +60.1% |
| Profit (loss) for the period | 9904 | €33,415 | €55,670 | +€22,255 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,415 | €55,670 | +€22,255 | +66.6% |
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 14 October 2026 via checked.be.