PASCAL BILQUIN ARCHITECTS: 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.
PASCAL BILQUIN ARCHITECTS
Largest movements
- Receivables within one year -€26,891
down €26,891 (-38.8%), from €69,309 to €42,418
of which Other amounts receivable: -€23,472
- Cash +€21,736
up €21,736 (+56,900%), from €38 to €21,774
mainly Receivables within one year (+€26,891) and Net result for the year (+€17,770)
- Deferred charges and accrued income -€3,717
no longer reported in 2025 (was €3,717)
- Tangible fixed assets -€3,698
down €3,698 (-46.1%), from €8,027 to €4,329
of which Leasing and similar rights: -€7,447
- Financial fixed assets +€2,065
new in 2025: €2,065
- Reserves -€21,666
down €21,666 (-36.2%), from €59,794 to €38,128
of which Distributable reserves: -€19,806
- Profit (loss) carried forward +€17,770
up €17,770 (+91.0%), from -€19,524 to -€1,754
- Tax, wage and social debts +€7,072
up €7,072 (+72.7%), from €9,721 to €16,793
of which Taxes: +€5,794
- Short-term financial debts -€6,394
no longer reported in 2025 (was €6,394)
- Trade debts -€5,927
down €5,927 (-39.2%), from €15,128 to €9,201
- Gross operating margin +€11,207
up €11,207 (+56.3%), from €19,892 to €31,099
- Depreciation -€6,918
down €6,918 (-89.8%), from €7,706 to €788
- Other operating charges +€1,589
up €1,589 (+52.2%), from €3,043 to €4,632
- Taxes -€698
down €698 (-7.0%), from €10,000 to €9,302
- Financial income -€498
down €498 (-15.8%), from €3,143 to €2,645
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 | €81,091 | €70,586 | -€10,505 | -13.0% |
| Fixed assets | 21/28 | €8,027 | €6,394 | -€1,633 | -20.3% |
| Tangible fixed assets | 22/27 | €8,027 | €4,329 | -€3,698 | -46.1% |
| Plant, machinery and equipment | 23 | €346 | €1,992 | +€1,646 | +475% |
| Furniture and vehicles | 24 | €234 | €2,337 | +€2,104 | +900% |
| Leasing and similar rights | 25 | €7,447 | - | -€7,447 | |
| Financial fixed assets | 28 | - | €2,065 | +€2,065 | |
| Current assets | 29/58 | €73,064 | €64,192 | -€8,872 | -12.1% |
| Amounts receivable within one year | 40/41 | €69,309 | €42,418 | -€26,891 | -38.8% |
| Trade receivables | 40 | €4,629 | €1,210 | -€3,419 | -73.9% |
| Other amounts receivable | 41 | €64,679 | €41,208 | -€23,472 | -36.3% |
| Cash at bank and in hand | 54/58 | €38 | €21,774 | +€21,736 | +56,900% |
| Deferred charges and accrued income | 490/1 | €3,717 | - | -€3,717 | |
| Total equity and liabilities | 10/49 | €81,091 | €70,586 | -€10,505 | -13.0% |
| Equity | 10/15 | €46,470 | €42,574 | -€3,896 | -8.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,794 | €38,128 | -€21,666 | -36.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €57,934 | €38,128 | -€19,806 | -34.2% |
| Profit (loss) carried forward | 14 | -€19,524 | -€1,754 | +€17,770 | +91.0% |
| Amounts payable | 17/49 | €34,621 | €28,012 | -€6,609 | -19.1% |
| Amounts payable within one year | 42/48 | €34,621 | €28,012 | -€6,609 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €3,379 | €2,019 | -€1,360 | -40.2% |
| Financial debts | 43 | €6,394 | - | -€6,394 | |
| Credit institutions | 430/8 | €6,394 | - | -€6,394 | |
| Trade debts | 44 | €15,128 | €9,201 | -€5,927 | -39.2% |
| Suppliers | 440/4 | €15,128 | €9,201 | -€5,927 | -39.2% |
| Taxes, remuneration and social security | 45 | €9,721 | €16,793 | +€7,072 | +72.7% |
| Taxes | 450/3 | €8,441 | €14,235 | +€5,794 | +68.6% |
| Remuneration and social security | 454/9 | €1,280 | €2,558 | +€1,278 | +99.8% |
| Non-recurring operating income | 76A | - | €2,730 | +€2,730 | |
| Remuneration, social security and pensions | 62 | €316 | - | -€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,706 | €788 | -€6,918 | -89.8% |
| Other operating charges | 640/8 | €3,043 | €4,632 | +€1,589 | +52.2% |
| Gross operating margin | 9900 | €19,892 | €31,099 | +€11,207 | +56.3% |
| Operating profit (loss) | 9901 | €8,826 | €25,679 | +€16,852 | +191% |
| Financial income | 75/76B | €3,143 | €2,645 | -€498 | -15.8% |
| Recurring financial income | 75 | €3,143 | €2,645 | -€498 | -15.8% |
| Financial charges | 65/66B | €1,360 | €1,252 | -€108 | -7.9% |
| Recurring financial charges | 65 | €1,360 | €1,252 | -€108 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €10,610 | €27,072 | +€16,462 | +155% |
| Income taxes | 67/77 | €10,000 | €9,302 | -€698 | -7.0% |
| Profit (loss) for the period | 9904 | €610 | €17,770 | +€17,160 | +2,815% |
| Profit (loss) for the period to be appropriated | 9905 | €610 | €17,770 | +€17,160 | +2,815% |
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 13 October 2026 via checked.be.