PULS 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.
PULS architecten
Largest movements
- Receivables within one year -€30,303
down €30,303 (-75.1%), from €40,350 to €10,047
of which Trade receivables: -€24,859
- Tangible fixed assets -€7,059
down €7,059 (-42.6%), from €16,584 to €9,525
of which Furniture and vehicles: -€6,806
- Deferred charges and accrued income -€5,267
down €5,267 (-95.3%), from €5,525 to €258
- Cash -€4,983
down €4,983 (-6.6%), from €75,979 to €70,996
mainly Contributions, distributions and other (-€99,794) and Trade debts (-€14,360)
- Reserves -€30,310
down €30,310 (-30.1%), from €100,593 to €70,283
- Trade debts -€14,360
down €14,360 (-88.1%), from €16,303 to €1,943
- Tax, wage and social debts -€2,942
down €2,942 (-100%), from €2,942 to €0
- Gross operating margin +€25,820
up €25,820 (+34.6%), from €74,618 to €100,438
- Taxes +€6,316
up €6,316 (+37.3%), from €16,936 to €23,252
- Depreciation +€1,834
up €1,834 (+35.1%), from €5,225 to €7,059
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 | €138,438 | €90,826 | -€47,612 | -34.4% |
| Fixed assets | 21/28 | €16,584 | €9,525 | -€7,059 | -42.6% |
| Tangible fixed assets | 22/27 | €16,584 | €9,525 | -€7,059 | -42.6% |
| Furniture and vehicles | 24 | €14,758 | €7,952 | -€6,806 | -46.1% |
| Other tangible fixed assets | 26 | €1,826 | €1,573 | -€253 | -13.8% |
| Current assets | 29/58 | €121,854 | €81,301 | -€40,553 | -33.3% |
| Amounts receivable within one year | 40/41 | €40,350 | €10,047 | -€30,303 | -75.1% |
| Trade receivables | 40 | €27,481 | €2,622 | -€24,859 | -90.5% |
| Other amounts receivable | 41 | €12,868 | €7,425 | -€5,443 | -42.3% |
| Cash at bank and in hand | 54/58 | €75,979 | €70,996 | -€4,983 | -6.6% |
| Deferred charges and accrued income | 490/1 | €5,525 | €258 | -€5,267 | -95.3% |
| Total equity and liabilities | 10/49 | €138,438 | €90,826 | -€47,612 | -34.4% |
| Equity | 10/15 | €119,193 | €88,883 | -€30,310 | -25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €100,593 | €70,283 | -€30,310 | -30.1% |
| Distributable reserves | 133 | €100,593 | €70,283 | -€30,310 | -30.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,245 | €1,943 | -€17,302 | -89.9% |
| Amounts payable within one year | 42/48 | €19,245 | €1,943 | -€17,302 | -89.9% |
| Trade debts | 44 | €16,303 | €1,943 | -€14,360 | -88.1% |
| Suppliers | 440/4 | €16,303 | €1,943 | -€14,360 | -88.1% |
| Taxes, remuneration and social security | 45 | €2,942 | €0 | -€2,942 | -100% |
| Taxes | 450/3 | €2,942 | €0 | -€2,942 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,225 | €7,059 | +€1,834 | +35.1% |
| Other operating charges | 640/8 | €705 | €720 | +€14 | +2.0% |
| Gross operating margin | 9900 | €74,618 | €100,438 | +€25,820 | +34.6% |
| Operating profit (loss) | 9901 | €68,687 | €92,659 | +€23,972 | +34.9% |
| Financial income | 75/76B | €18 | €182 | +€165 | +931% |
| Recurring financial income | 75 | €18 | €182 | +€165 | +931% |
| Financial charges | 65/66B | €98 | €105 | +€7 | +7.1% |
| Recurring financial charges | 65 | €98 | €105 | +€7 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €68,607 | €92,736 | +€24,129 | +35.2% |
| Income taxes | 67/77 | €16,936 | €23,252 | +€6,316 | +37.3% |
| Profit (loss) for the period | 9904 | €51,671 | €69,484 | +€17,814 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,671 | €69,484 | +€17,814 | +34.5% |
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 18 October 2026 via checked.be.