PI ARCHITECTEN: what changed
What changed
PI ARCHITECTEN
NACE 71.111, Activities of building architects
filed annual accounts (NBB)
Net result for the year
€21,131
2024 · €25,047-€3,916
Equity
€269,566
2024 · €318,434-€48,869
Cash
€0
2024 · €3,941-€3,941
Balance sheet total
€514,852
2024 · €691,218-€176,366
Largest movements
Assets
- Receivables within one year -€197,643
down €197,643 (-52.2%), from €378,336 to €180,693
of which Other amounts receivable: -€131,508
- Stocks and contracts +€54,984
up €54,984, from €0 to €54,984
- Receivables after one year -€23,830
down €23,830 (-10.8%), from €220,474 to €196,643
Equity and liabilities
- Trade debts -€77,892
down €77,892 (-61.7%), from €126,269 to €48,377
- Other debts -€59,088
down €59,088 (-38.0%), from €155,537 to €96,449
- Reserves -€48,869
down €48,869 (-16.1%), from €304,174 to €255,306
of which Distributable reserves: -€48,869
- Tax, wage and social debts +€12,655
up €12,655 (+252%), from €5,029 to €17,684
of which Taxes: +€12,655
- Debts after one year -€10,367
down €10,367 (-16.3%), from €63,748 to €53,381
Income statement
- Gross operating margin -€3,623
down €3,623 (-6.9%), from €52,232 to €48,608
- Financial income -€1,611
down €1,611 (-16.4%), from €9,796 to €8,185
- Depreciation +€1,017
up €1,017 (+8.4%), from €12,107 to €13,124
- Write-downs -€843
down €843 (-34.0%), from -€2,481 to -€3,324
- Taxes -€833
down €833 (-7.7%), from €10,775 to €9,942
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,047
Gross operating margin
-€3,623
Depreciation
-€1,017
Write-downs
+€843
Other operating charges
-€110
Financial income
-€1,611
Financial charges
+€769
Taxes
+€833
Result 2025
€21,131
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€76,564
Investment
-€7,332
Financing
-€73,172
Cash 2024
€3,941
From operations (derived)
+€76,564
Net result for the year
+€21,131
Depreciation
+€13,124
Receivables after one year
+€23,830
Stocks and contracts
-€54,984
Receivables within one year
+€197,643
Deferred charges and accrued income
+€144
Trade debts
-€77,892
Tax, wage and social debts
+€12,655
Other debts
-€59,088
Investment (derived)
-€7,332
Investment in fixed assets (net)
-€7,332
Financing
-€73,172
Debts after one year
-€10,367
Current portion of long-term debt
+€516
Short-term financial debts
+€6,678
Contributions, distributions and other
-€70,000
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €691,218 | €514,852 | -€176,366 | -25.5% |
| Fixed assets | 21/28 | €86,252 | €80,460 | -€5,792 | -6.7% |
| Tangible fixed assets | 22/27 | €86,252 | €80,460 | -€5,792 | -6.7% |
| Land and buildings | 22 | €14,917 | €13,902 | -€1,015 | -6.8% |
| Furniture and vehicles | 24 | €31,766 | €26,989 | -€4,777 | -15.0% |
| Other tangible fixed assets | 26 | €39,569 | €39,569 | = | 0.0% |
| Current assets | 29/58 | €604,966 | €434,392 | -€170,574 | -28.2% |
| Amounts receivable after more than one year | 29 | €220,474 | €196,643 | -€23,830 | -10.8% |
| Other amounts receivable | 291 | €220,474 | €196,643 | -€23,830 | -10.8% |
| Stocks and contracts in progress | 3 | €0 | €54,984 | +€54,984 | |
| Stocks | 30/36 | €0 | €54,984 | +€54,984 | |
| Amounts receivable within one year | 40/41 | €378,336 | €180,693 | -€197,643 | -52.2% |
| Trade receivables | 40 | €194,682 | €128,547 | -€66,135 | -34.0% |
| Other amounts receivable | 41 | €183,653 | €52,146 | -€131,508 | -71.6% |
| Cash at bank and in hand | 54/58 | €3,941 | €0 | -€3,941 | -100% |
| Deferred charges and accrued income | 490/1 | €2,217 | €2,073 | -€144 | -6.5% |
| Total equity and liabilities | 10/49 | €691,218 | €514,852 | -€176,366 | -25.5% |
| Equity | 10/15 | €318,434 | €269,566 | -€48,869 | -15.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €304,174 | €255,306 | -€48,869 | -16.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €304,174 | €255,306 | -€48,869 | -16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €372,784 | €245,287 | -€127,497 | -34.2% |
| Amounts payable after more than one year | 17 | €63,748 | €53,381 | -€10,367 | -16.3% |
| Financial debts | 170/4 | €63,748 | €53,381 | -€10,367 | -16.3% |
| Amounts payable within one year | 42/48 | €309,036 | €191,906 | -€117,130 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €22,201 | €22,717 | +€516 | +2.3% |
| Financial debts | 43 | - | €6,678 | +€6,678 | |
| Credit institutions | 430/8 | - | €6,678 | +€6,678 | |
| Trade debts | 44 | €126,269 | €48,377 | -€77,892 | -61.7% |
| Suppliers | 440/4 | €126,269 | €48,377 | -€77,892 | -61.7% |
| Taxes, remuneration and social security | 45 | €5,029 | €17,684 | +€12,655 | +252% |
| Taxes | 450/3 | €5,029 | €17,684 | +€12,655 | +252% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €155,537 | €96,449 | -€59,088 | -38.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,640 | €0 | -€3,640 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,107 | €13,124 | +€1,017 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,481 | -€3,324 | -€843 | -34.0% |
| Other operating charges | 640/8 | €5,459 | €5,569 | +€110 | +2.0% |
| Gross operating margin | 9900 | €52,232 | €48,608 | -€3,623 | -6.9% |
| Operating profit (loss) | 9901 | €37,146 | €33,240 | -€3,907 | -10.5% |
| Financial income | 75/76B | €9,796 | €8,185 | -€1,611 | -16.4% |
| Recurring financial income | 75 | €9,796 | €8,185 | -€1,611 | -16.4% |
| Financial charges | 65/66B | €11,120 | €10,351 | -€769 | -6.9% |
| Recurring financial charges | 65 | €11,120 | €10,351 | -€769 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €35,822 | €31,073 | -€4,749 | -13.3% |
| Income taxes | 67/77 | €10,775 | €9,942 | -€833 | -7.7% |
| Profit (loss) for the period | 9904 | €25,047 | €21,131 | -€3,916 | -15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,047 | €21,131 | -€3,916 | -15.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.