R9 STUDIO - ARCHITECTES: 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.
R9 STUDIO - ARCHITECTES
Largest movements
- Receivables within one year +€213,031
up €213,031 (+109%), from €195,423 to €408,454
of which Trade receivables: +€214,701
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Deferred charges and accrued income -€66,110
down €66,110 (-89.3%), from €74,051 to €7,941
- Tangible fixed assets +€54,416
up €54,416 (+64.1%), from €84,921 to €139,337
of which Furniture and vehicles: +€50,229
- Cash -€18,925
down €18,925 (-8.7%), from €216,744 to €197,820
mainly Contributions, distributions and other (-€415,371) and Receivables within one year (-€213,031)
- Reserves -€167,500
down €167,500 (-57.5%), from €291,500 to €124,000
- Other debts +€148,642
up €148,642 (+68.8%), from €215,998 to €364,639
- Tax, wage and social debts +€28,645
up €28,645 (+39.3%), from €72,834 to €101,479
of which Taxes: +€20,269
- Trade debts +€19,766
up €19,766 (+76.8%), from €25,722 to €45,488
- Gross operating margin +€322,725
up €322,725 (+156%), from €206,547 to €529,272
- Financial charges +€69,599
up €69,599 (+1,571%), from €4,432 to €74,031
- Staff costs +€55,468
up €55,468 (+161%), from €34,353 to €89,821
- Taxes +€51,416
up €51,416 (+157%), from €32,645 to €84,061
- Depreciation +€10,085
up €10,085 (+37.2%), from €27,094 to €37,178
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 | €721,139 | €755,981 | +€34,841 | +4.8% |
| Fixed assets | 21/28 | €84,921 | €141,766 | +€56,845 | +66.9% |
| Tangible fixed assets | 22/27 | €84,921 | €139,337 | +€54,416 | +64.1% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €65,309 | €115,538 | +€50,229 | +76.9% |
| Other tangible fixed assets | 26 | €19,612 | €23,799 | +€4,187 | +21.4% |
| Financial fixed assets | 28 | - | €2,429 | +€2,429 | |
| Current assets | 29/58 | €636,218 | €614,214 | -€22,004 | -3.5% |
| Amounts receivable within one year | 40/41 | €195,423 | €408,454 | +€213,031 | +109% |
| Trade receivables | 40 | €192,920 | €407,621 | +€214,701 | +111% |
| Other amounts receivable | 41 | €2,502 | €832 | -€1,670 | -66.7% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €216,744 | €197,820 | -€18,925 | -8.7% |
| Deferred charges and accrued income | 490/1 | €74,051 | €7,941 | -€66,110 | -89.3% |
| Total equity and liabilities | 10/49 | €721,139 | €755,981 | +€34,841 | +4.8% |
| Equity | 10/15 | €296,895 | €129,283 | -€167,612 | -56.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €291,500 | €124,000 | -€167,500 | -57.5% |
| Distributable reserves | 133 | €291,500 | €124,000 | -€167,500 | -57.5% |
| Profit (loss) carried forward | 14 | €395 | €283 | -€112 | -28.3% |
| Amounts payable | 17/49 | €424,245 | €626,698 | +€202,453 | +47.7% |
| Amounts payable after more than one year | 17 | €79,775 | €83,690 | +€3,915 | +4.9% |
| Financial debts | 170/4 | €79,775 | €83,690 | +€3,915 | +4.9% |
| Amounts payable within one year | 42/48 | €344,469 | €543,007 | +€198,538 | +57.6% |
| Current portion of amounts payable after more than one year | 42 | €29,916 | €31,401 | +€1,485 | +5.0% |
| Trade debts | 44 | €25,722 | €45,488 | +€19,766 | +76.8% |
| Suppliers | 440/4 | €25,722 | €45,488 | +€19,766 | +76.8% |
| Taxes, remuneration and social security | 45 | €72,834 | €101,479 | +€28,645 | +39.3% |
| Taxes | 450/3 | €63,807 | €84,076 | +€20,269 | +31.8% |
| Remuneration and social security | 454/9 | €9,027 | €17,403 | +€8,376 | +92.8% |
| Other amounts payable | 47/48 | €215,998 | €364,639 | +€148,642 | +68.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €34,353 | €89,821 | +€55,468 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,094 | €37,178 | +€10,085 | +37.2% |
| Other operating charges | 640/8 | €7,166 | €1,455 | -€5,712 | -79.7% |
| Gross operating margin | 9900 | €206,547 | €529,272 | +€322,725 | +156% |
| Operating profit (loss) | 9901 | €137,934 | €400,818 | +€262,884 | +191% |
| Financial income | 75/76B | €0 | €5,034 | +€5,034 | |
| Recurring financial income | 75 | €0 | €5,034 | +€5,034 | |
| Financial charges | 65/66B | €4,432 | €74,031 | +€69,599 | +1,571% |
| Recurring financial charges | 65 | €4,432 | €74,031 | +€69,599 | +1,571% |
| Profit (loss) for the period before taxes | 9903 | €133,502 | €331,821 | +€198,319 | +149% |
| Income taxes | 67/77 | €32,645 | €84,061 | +€51,416 | +157% |
| Profit (loss) for the period | 9904 | €100,857 | €247,760 | +€146,903 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €100,857 | €247,760 | +€146,903 | +146% |
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 26 October 2026 via checked.be.