PHILIPPE VAN BEGIN-ARCHITECTEN: 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.
PHILIPPE VAN BEGIN-ARCHITECTEN
Largest movements
- Tangible fixed assets +€4,179
up €4,179 (+19.2%), from €21,779 to €25,958
of which Other tangible fixed assets: +€7,909
- Receivables within one year -€3,279
down €3,279 (-13.5%), from €24,292 to €21,013
of which Trade receivables: -€6,337
- Cash +€1,892
up €1,892 (+2.0%), from €95,578 to €97,470
mainly Other debts (+€30,792) and Net result for the year (+€15,503)
- Other debts +€30,792
up €30,792 (+198%), from €15,551 to €46,343
- Reserves -€23,242
down €23,242 (-21.7%), from €106,868 to €83,627
- Trade debts -€3,955
down €3,955 (-19.6%), from €20,224 to €16,269
- Debts after one year -€3,476
down €3,476 (-51.0%), from €6,814 to €3,338
- Tax, wage and social debts +€1,873
up €1,873 (+19.0%), from €9,874 to €11,747
- Gross operating margin -€15,082
down €15,082 (-32.6%), from €46,330 to €31,248
- Taxes -€4,347
down €4,347 (-39.5%), from €11,007 to €6,660
- Depreciation -€2,752
down €2,752 (-30.7%), from €8,971 to €6,219
- Other operating charges -€503
down €503 (-36.7%), from €1,373 to €870
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 | €170,562 | €172,100 | +€1,538 | +0.9% |
| Fixed assets | 21/28 | €21,779 | €25,958 | +€4,179 | +19.2% |
| Tangible fixed assets | 22/27 | €21,779 | €25,958 | +€4,179 | +19.2% |
| Plant, machinery and equipment | 23 | €1,097 | €3,162 | +€2,066 | +188% |
| Furniture and vehicles | 24 | €6,015 | €3,525 | -€2,489 | -41.4% |
| Leasing and similar rights | 25 | €9,639 | €6,332 | -€3,306 | -34.3% |
| Other tangible fixed assets | 26 | €5,029 | €12,939 | +€7,909 | +157% |
| Current assets | 29/58 | €148,783 | €146,141 | -€2,641 | -1.8% |
| Amounts receivable within one year | 40/41 | €24,292 | €21,013 | -€3,279 | -13.5% |
| Trade receivables | 40 | €23,229 | €16,892 | -€6,337 | -27.3% |
| Other amounts receivable | 41 | €1,063 | €4,121 | +€3,058 | +288% |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €95,578 | €97,470 | +€1,892 | +2.0% |
| Deferred charges and accrued income | 490/1 | €27,912 | €26,659 | -€1,254 | -4.5% |
| Total equity and liabilities | 10/49 | €170,562 | €172,100 | +€1,538 | +0.9% |
| Equity | 10/15 | €113,118 | €89,877 | -€23,242 | -20.5% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €106,868 | €83,627 | -€23,242 | -21.7% |
| Distributable reserves | 133 | €106,868 | €83,627 | -€23,242 | -21.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,443 | €82,223 | +€24,780 | +43.1% |
| Amounts payable after more than one year | 17 | €6,814 | €3,338 | -€3,476 | -51.0% |
| Financial debts | 170/4 | €6,814 | €3,338 | -€3,476 | -51.0% |
| Amounts payable within one year | 42/48 | €49,499 | €78,094 | +€28,595 | +57.8% |
| Current portion of amounts payable after more than one year | 42 | €3,312 | €3,476 | +€164 | +5.0% |
| Financial debts | 43 | €538 | €258 | -€279 | -51.9% |
| Credit institutions | 430/8 | €538 | €258 | -€279 | -51.9% |
| Trade debts | 44 | €20,224 | €16,269 | -€3,955 | -19.6% |
| Suppliers | 440/4 | €20,224 | €16,269 | -€3,955 | -19.6% |
| Taxes, remuneration and social security | 45 | €9,874 | €11,747 | +€1,873 | +19.0% |
| Taxes | 450/3 | €9,874 | €11,747 | +€1,873 | +19.0% |
| Other amounts payable | 47/48 | €15,551 | €46,343 | +€30,792 | +198% |
| Accrued charges and deferred income | 492/3 | €1,131 | €792 | -€339 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,971 | €6,219 | -€2,752 | -30.7% |
| Other operating charges | 640/8 | €1,373 | €870 | -€503 | -36.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €46,330 | €31,248 | -€15,082 | -32.6% |
| Operating profit (loss) | 9901 | €35,986 | €24,159 | -€11,827 | -32.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,450 | €1,997 | -€453 | -18.5% |
| Recurring financial charges | 65 | €2,450 | €1,997 | -€453 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €33,536 | €22,162 | -€11,373 | -33.9% |
| Income taxes | 67/77 | €11,007 | €6,660 | -€4,347 | -39.5% |
| Profit (loss) for the period | 9904 | €22,529 | €15,503 | -€7,027 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,529 | €15,503 | -€7,027 | -31.2% |
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 20 October 2026 via checked.be.