silent 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.
silent architecture
Largest movements
- Receivables within one year +€51,938
up €51,938 (+72.9%), from €71,215 to €123,153
- Cash +€36,368
up €36,368 (+127%), from €28,653 to €65,021
mainly Net result for the year (+€108,913) and Other debts (+€91,067)
- Receivables after one year +€9,900
up €9,900 (+4.4%), from €226,138 to €236,038
- Deferred charges and accrued income +€8,760
new in 2025: €8,760
- Other debts +€91,067
new in 2025: €91,067
- Reserves +€17,847
up €17,847 (+6.3%), from €282,285 to €300,131
of which Distributable reserves: +€17,847
- Tax, wage and social debts -€5,252
down €5,252 (-14.5%), from €36,288 to €31,036
- Gross operating margin +€23,301
up €23,301 (+19.4%), from €120,259 to €143,560
- Taxes +€10,773
up €10,773 (+31.5%), from €34,202 to €44,974
- Financial income +€5,307
up €5,307 (+54.0%), from €9,829 to €15,135
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 | €336,395 | €439,896 | +€103,501 | +30.8% |
| Fixed assets | 21/28 | €10,390 | €6,925 | -€3,466 | -33.4% |
| Tangible fixed assets | 22/27 | €10,090 | €6,625 | -€3,466 | -34.3% |
| Plant, machinery and equipment | 23 | €4,515 | €2,940 | -€1,575 | -34.9% |
| Other tangible fixed assets | 26 | €5,575 | €3,685 | -€1,890 | -33.9% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €326,005 | €432,972 | +€106,966 | +32.8% |
| Amounts receivable after more than one year | 29 | €226,138 | €236,038 | +€9,900 | +4.4% |
| Other amounts receivable | 291 | €226,138 | €236,038 | +€9,900 | +4.4% |
| Amounts receivable within one year | 40/41 | €71,215 | €123,153 | +€51,938 | +72.9% |
| Other amounts receivable | 41 | €71,215 | €123,153 | +€51,938 | +72.9% |
| Cash at bank and in hand | 54/58 | €28,653 | €65,021 | +€36,368 | +127% |
| Deferred charges and accrued income | 490/1 | - | €8,760 | +€8,760 | |
| Total equity and liabilities | 10/49 | €336,395 | €439,896 | +€103,501 | +30.8% |
| Equity | 10/15 | €294,685 | €312,531 | +€17,847 | +6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €282,285 | €300,131 | +€17,847 | +6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €280,425 | €298,271 | +€17,847 | +6.4% |
| Amounts payable | 17/49 | €41,711 | €127,365 | +€85,654 | +205% |
| Amounts payable within one year | 42/48 | €41,711 | €127,365 | +€85,654 | +205% |
| Trade debts | 44 | €5,423 | €5,263 | -€161 | -3.0% |
| Suppliers | 440/4 | €5,423 | €5,263 | -€161 | -3.0% |
| Taxes, remuneration and social security | 45 | €36,288 | €31,036 | -€5,252 | -14.5% |
| Taxes | 450/3 | €36,288 | €31,036 | -€5,252 | -14.5% |
| Other amounts payable | 47/48 | - | €91,067 | +€91,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,464 | €3,466 | -€999 | -22.4% |
| Other operating charges | 640/8 | €641 | €528 | -€112 | -17.6% |
| Gross operating margin | 9900 | €120,259 | €143,560 | +€23,301 | +19.4% |
| Operating profit (loss) | 9901 | €115,154 | €139,566 | +€24,413 | +21.2% |
| Financial income | 75/76B | €9,829 | €15,135 | +€5,307 | +54.0% |
| Recurring financial income | 75 | €9,829 | €15,135 | +€5,307 | +54.0% |
| Financial charges | 65/66B | €245 | €814 | +€569 | +232% |
| Recurring financial charges | 65 | €245 | €814 | +€569 | +232% |
| Profit (loss) for the period before taxes | 9903 | €124,737 | €153,888 | +€29,150 | +23.4% |
| Income taxes | 67/77 | €34,202 | €44,974 | +€10,773 | +31.5% |
| Profit (loss) for the period | 9904 | €90,536 | €108,913 | +€18,377 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €90,536 | €108,913 | +€18,377 | +20.3% |
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 19 October 2026 via checked.be.