Pan d'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.
Pan d'Architecture
Largest movements
- Receivables within one year -€6,031
down €6,031 (-41.3%), from €14,602 to €8,571
of which Trade receivables: -€4,444
- Cash -€3,551
down €3,551 (-27.4%), from €12,944 to €9,393
mainly Net result for the year (-€21,781) and Tax, wage and social debts (-€3,897)
- Tangible fixed assets -€2,871
down €2,871 (-15.7%), from €18,274 to €15,403
of which Other tangible fixed assets: -€2,164
- Deferred charges and accrued income -€1,449
down €1,449 (-35.2%), from €4,117 to €2,668
- Profit (loss) carried forward -€21,781
down €21,781, from €6,266 to -€15,515
- Other debts +€14,926
up €14,926 (+137%), from €10,911 to €25,836
- Tax, wage and social debts -€3,897
down €3,897 (-56.4%), from €6,905 to €3,008
of which Taxes: -€2,012
- Trade debts -€3,549
down €3,549 (-26.7%), from €13,315 to €9,766
- Gross operating margin -€14,227
down €14,227, from €634 to -€13,593
- Depreciation -€1,849
down €1,849 (-31.3%), from €5,910 to €4,061
- Financial charges +€1,274
up €1,274 (+62.5%), from €2,037 to €3,310
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 | €49,997 | €36,096 | -€13,902 | -27.8% |
| Fixed assets | 21/28 | €18,334 | €15,463 | -€2,871 | -15.7% |
| Tangible fixed assets | 22/27 | €18,274 | €15,403 | -€2,871 | -15.7% |
| Plant, machinery and equipment | 23 | €1,028 | €562 | -€466 | -45.3% |
| Furniture and vehicles | 24 | €2,471 | €2,230 | -€241 | -9.8% |
| Other tangible fixed assets | 26 | €14,776 | €12,612 | -€2,164 | -14.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €31,663 | €20,632 | -€11,031 | -34.8% |
| Amounts receivable within one year | 40/41 | €14,602 | €8,571 | -€6,031 | -41.3% |
| Trade receivables | 40 | €12,732 | €8,287 | -€4,444 | -34.9% |
| Other amounts receivable | 41 | €1,870 | €284 | -€1,587 | -84.8% |
| Cash at bank and in hand | 54/58 | €12,944 | €9,393 | -€3,551 | -27.4% |
| Deferred charges and accrued income | 490/1 | €4,117 | €2,668 | -€1,449 | -35.2% |
| Total equity and liabilities | 10/49 | €49,997 | €36,096 | -€13,902 | -27.8% |
| Equity | 10/15 | €18,866 | -€2,915 | -€21,781 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,266 | -€15,515 | -€21,781 | |
| Amounts payable | 17/49 | €31,132 | €39,011 | +€7,879 | +25.3% |
| Amounts payable within one year | 42/48 | €31,132 | €38,611 | +€7,479 | +24.0% |
| Trade debts | 44 | €13,315 | €9,766 | -€3,549 | -26.7% |
| Suppliers | 440/4 | €13,315 | €9,766 | -€3,549 | -26.7% |
| Taxes, remuneration and social security | 45 | €6,905 | €3,008 | -€3,897 | -56.4% |
| Taxes | 450/3 | €5,020 | €3,008 | -€2,012 | -40.1% |
| Remuneration and social security | 454/9 | €1,885 | - | -€1,885 | |
| Other amounts payable | 47/48 | €10,911 | €25,836 | +€14,926 | +137% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,910 | €4,061 | -€1,849 | -31.3% |
| Other operating charges | 640/8 | €769 | €636 | -€133 | -17.3% |
| Gross operating margin | 9900 | €634 | -€13,593 | -€14,227 | |
| Operating profit (loss) | 9901 | -€6,045 | -€18,290 | -€12,245 | -203% |
| Financial income | 75/76B | €37 | €0 | -€37 | -100.0% |
| Recurring financial income | 75 | €37 | €0 | -€37 | -100.0% |
| Financial charges | 65/66B | €2,037 | €3,310 | +€1,274 | +62.5% |
| Recurring financial charges | 65 | €2,037 | €3,310 | +€1,274 | +62.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,045 | -€21,600 | -€13,555 | -168% |
| Income taxes | 67/77 | €230 | €181 | -€49 | -21.2% |
| Profit (loss) for the period | 9904 | -€8,275 | -€21,781 | -€13,506 | -163% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,275 | -€21,781 | -€13,506 | -163% |
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 21 October 2026 via checked.be.