SIEBE VERSWIJVEL ARCHITECT: 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.
SIEBE VERSWIJVEL ARCHITECT
Largest movements
- Cash +€14,394
up €14,394 (+19.3%), from €74,491 to €88,885
mainly Net result for the year (+€38,508) and Depreciation (+€4,891)
- Tangible fixed assets -€4,891
down €4,891 (-36.7%), from €13,323 to €8,432
of which Land and buildings: -€2,633
- Receivables within one year -€2,272
down €2,272 (-61.9%), from €3,672 to €1,400
of which Trade receivables: -€1,361
- Reserves +€20,508
up €20,508 (+43.7%), from €46,899 to €67,407
- Other debts -€9,506
down €9,506 (-40.1%), from €23,720 to €14,214
- Tax, wage and social debts -€3,746
down €3,746 (-77.3%), from €4,844 to €1,098
- Gross operating margin +€22,698
up €22,698 (+73.5%), from €30,871 to €53,569
- Taxes +€3,525
up €3,525 (+69.5%), from €5,075 to €8,600
- Depreciation -€2,590
down €2,590 (-34.6%), from €7,482 to €4,891
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 | €94,562 | €102,433 | +€7,871 | +8.3% |
| Fixed assets | 21/28 | €13,323 | €8,432 | -€4,891 | -36.7% |
| Tangible fixed assets | 22/27 | €13,323 | €8,432 | -€4,891 | -36.7% |
| Land and buildings | 22 | €10,028 | €7,395 | -€2,633 | -26.3% |
| Plant, machinery and equipment | 23 | €1,353 | €851 | -€502 | -37.1% |
| Furniture and vehicles | 24 | €1,942 | €186 | -€1,756 | -90.4% |
| Current assets | 29/58 | €81,239 | €94,001 | +€12,762 | +15.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,672 | €1,400 | -€2,272 | -61.9% |
| Trade receivables | 40 | €1,361 | €0 | -€1,361 | -100% |
| Other amounts receivable | 41 | €2,311 | €1,400 | -€911 | -39.4% |
| Cash at bank and in hand | 54/58 | €74,491 | €88,885 | +€14,394 | +19.3% |
| Deferred charges and accrued income | 490/1 | €3,076 | €3,716 | +€640 | +20.8% |
| Total equity and liabilities | 10/49 | €94,562 | €102,433 | +€7,871 | +8.3% |
| Equity | 10/15 | €65,499 | €86,007 | +€20,508 | +31.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €46,899 | €67,407 | +€20,508 | +43.7% |
| Distributable reserves | 133 | €46,899 | €67,407 | +€20,508 | +43.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,063 | €16,426 | -€12,637 | -43.5% |
| Amounts payable within one year | 42/48 | €29,063 | €16,426 | -€12,637 | -43.5% |
| Trade debts | 44 | €499 | €1,114 | +€615 | +123% |
| Suppliers | 440/4 | €499 | €1,114 | +€615 | +123% |
| Taxes, remuneration and social security | 45 | €4,844 | €1,098 | -€3,746 | -77.3% |
| Taxes | 450/3 | €4,844 | €1,098 | -€3,746 | -77.3% |
| Other amounts payable | 47/48 | €23,720 | €14,214 | -€9,506 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,482 | €4,891 | -€2,590 | -34.6% |
| Other operating charges | 640/8 | €930 | €1,406 | +€476 | +51.2% |
| Gross operating margin | 9900 | €30,871 | €53,569 | +€22,698 | +73.5% |
| Operating profit (loss) | 9901 | €22,459 | €47,272 | +€24,813 | +110% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €166 | €164 | -€3 | -1.5% |
| Recurring financial charges | 65 | €166 | €164 | -€3 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €22,294 | €47,108 | +€24,814 | +111% |
| Income taxes | 67/77 | €5,075 | €8,600 | +€3,525 | +69.5% |
| Profit (loss) for the period | 9904 | €17,218 | €38,508 | +€21,289 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €17,218 | €38,508 | +€21,289 | +124% |
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 1 November 2026 via checked.be.