STUDIO FARRIS ARCHITECTS: 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.
STUDIO FARRIS ARCHITECTS
Largest movements
- Receivables within one year +€473,652
up €473,652 (+239.4%), from €197,822 to €671,474
of which Trade receivables: +€329,127
- Cash +€276,657
up €276,657 (+95.8%), from €288,750 to €565,407
mainly Net result for the year (+€1.1m) and Other debts (+€680,000)
- Stocks and contracts +€55,000
up €55,000 (+14.9%), from €370,000 to €425,000
- Tangible fixed assets +€47,684
up €47,684 (+227.0%), from €21,004 to €68,688
- Other debts +€680,000
up €680,000 (+223.5%), from €304,202 to €984,202
- Trade debts +€171,708
up €171,708 (+191.3%), from €89,745 to €261,453
- Short-term financial debts -€164,583
no longer reported in 2025 (was €164,583)
- Reserves +€126,470
up €126,470 (+40.6%), from €311,128 to €437,598
- Tax, wage and social debts +€35,730
up €35,730 (+426.4%), from €8,380 to €44,110
of which Taxes: +€32,780
- Gross operating margin +€771,312
up €771,312 (+186.9%), from €412,788 to €1.2m
- Taxes +€20,595
up €20,595 (+82.2%), from €25,066 to €45,661
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.
Cash bridge derived
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 | €883,038 | €1,737,115 | +€854,077 | +96.7% |
| Fixed assets | 21/28 | €26,466 | €73,872 | +€47,406 | +179.1% |
| Intangible fixed assets | 21 | €278 | - | -€278 | |
| Tangible fixed assets | 22/27 | €21,004 | €68,688 | +€47,684 | +227.0% |
| Furniture and vehicles | 24 | €21,004 | €68,688 | +€47,684 | +227.0% |
| Financial fixed assets | 28 | €5,184 | €5,184 | = | 0.0% |
| Current assets | 29/58 | €856,572 | €1,663,243 | +€806,671 | +94.2% |
| Stocks and contracts in progress | 3 | €370,000 | €425,000 | +€55,000 | +14.9% |
| Contracts in progress | 37 | €370,000 | €425,000 | +€55,000 | +14.9% |
| Amounts receivable within one year | 40/41 | €197,822 | €671,474 | +€473,652 | +239.4% |
| Trade receivables | 40 | €195,719 | €524,846 | +€329,127 | +168.2% |
| Other amounts receivable | 41 | €2,104 | €146,629 | +€144,525 | +6870.5% |
| Cash at bank and in hand | 54/58 | €288,750 | €565,407 | +€276,657 | +95.8% |
| Deferred charges and accrued income | 490/1 | - | €1,362 | +€1,362 | |
| Total equity and liabilities | 10/49 | €883,038 | €1,737,115 | +€854,077 | +96.7% |
| Equity | 10/15 | €316,127 | €442,597 | +€126,470 | +40.0% |
| Contributions | 10/11 | €4,999 | €4,999 | = | 0.0% |
| Reserves | 13 | €311,128 | €437,598 | +€126,470 | +40.6% |
| Distributable reserves | 133 | €311,128 | €437,598 | +€126,470 | +40.6% |
| Amounts payable | 17/49 | €566,911 | €1,294,518 | +€727,607 | +128.3% |
| Amounts payable within one year | 42/48 | €566,911 | €1,289,765 | +€722,855 | +127.5% |
| Financial debts | 43 | €164,583 | - | -€164,583 | |
| Credit institutions | 430/8 | €164,583 | - | -€164,583 | |
| Trade debts | 44 | €89,745 | €261,453 | +€171,708 | +191.3% |
| Suppliers | 440/4 | €89,745 | €261,453 | +€171,708 | +191.3% |
| Taxes, remuneration and social security | 45 | €8,380 | €44,110 | +€35,730 | +426.4% |
| Taxes | 450/3 | €8,380 | €41,161 | +€32,780 | +391.2% |
| Remuneration and social security | 454/9 | - | €2,949 | +€2,949 | |
| Other amounts payable | 47/48 | €304,202 | €984,202 | +€680,000 | +223.5% |
| Accrued charges and deferred income | 492/3 | - | €4,753 | +€4,753 | |
| Remuneration, social security and pensions | 62 | - | €8,527 | +€8,527 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,515 | €14,645 | +€3,130 | +27.2% |
| Other operating charges | 640/8 | €371 | €424 | +€53 | +14.2% |
| Gross operating margin | 9900 | €412,788 | €1,184,101 | +€771,312 | +186.9% |
| Operating profit (loss) | 9901 | €400,902 | €1,160,504 | +€759,602 | +189.5% |
| Financial income | 75/76B | €9 | €128 | +€118 | +1254.6% |
| Recurring financial income | 75 | €9 | €128 | +€118 | +1254.6% |
| Financial charges | 65/66B | €4,364 | €8,501 | +€4,137 | +94.8% |
| Recurring financial charges | 65 | €4,364 | €8,501 | +€4,137 | +94.8% |
| Profit (loss) for the period before taxes | 9903 | €396,547 | €1,152,130 | +€755,583 | +190.5% |
| Income taxes | 67/77 | €25,066 | €45,661 | +€20,595 | +82.2% |
| Profit (loss) for the period | 9904 | €371,482 | €1,106,470 | +€734,988 | +197.9% |
| Profit (loss) for the period to be appropriated | 9905 | €371,482 | €1,106,470 | +€734,988 | +197.9% |
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 9 October 2026 via checked.be.