REFUGE ARCHITECTURE: 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.
REFUGE ARCHITECTURE
Largest movements
- Cash -€1,318
down €1,318 (-78.7%), from €1,675 to €357
mainly Net result for the year (-€1,552) and Accrued charges and deferred income (-€513)
- Receivables within one year +€236
up €236 (+75.1%), from €315 to €551
of which Other amounts receivable: +€236
- Profit (loss) carried forward -€1,552
down €1,552 (-6.6%), from -€23,467 to -€25,020
- Trade debts +€818
up €818 (+86.7%), from €944 to €1,762
- Accrued charges and deferred income -€513
down €513 (-100%), from €513 to €0
- Other debts +€166
new in 2025: €166
- Gross operating margin +€2,153
up €2,153 (+64.4%), from -€3,345 to -€1,192
- Other operating charges -€323
down €323 (-62.9%), from €513 to €191
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 | €1,990 | €908 | -€1,082 | -54.4% |
| Current assets | 29/58 | €1,990 | €908 | -€1,082 | -54.4% |
| Amounts receivable within one year | 40/41 | €315 | €551 | +€236 | +75.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €315 | €551 | +€236 | +75.1% |
| Cash at bank and in hand | 54/58 | €1,675 | €357 | -€1,318 | -78.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,990 | €908 | -€1,082 | -54.4% |
| Equity | 10/15 | €533 | -€1,020 | -€1,552 | |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,467 | -€25,020 | -€1,552 | -6.6% |
| Amounts payable | 17/49 | €1,457 | €1,928 | +€471 | +32.3% |
| Amounts payable within one year | 42/48 | €944 | €1,928 | +€984 | +104% |
| Trade debts | 44 | €944 | €1,762 | +€818 | +86.7% |
| Suppliers | 440/4 | €944 | €1,762 | +€818 | +86.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €166 | +€166 | |
| Accrued charges and deferred income | 492/3 | €513 | €0 | -€513 | -100% |
| Other operating charges | 640/8 | €513 | €191 | -€323 | -62.9% |
| Gross operating margin | 9900 | -€3,345 | -€1,192 | +€2,153 | +64.4% |
| Operating profit (loss) | 9901 | -€3,858 | -€1,382 | +€2,476 | +64.2% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,012 | -€1,552 | +€2,459 | +61.3% |
| Profit (loss) for the period | 9904 | -€4,012 | -€1,552 | +€2,459 | +61.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,012 | -€1,552 | +€2,459 | +61.3% |
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 24 October 2026 via checked.be.