SUBSTRA ARCHITECTURES: what changed
Two fiscal 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.
SUBSTRA ARCHITECTURES
Largest movements
- Cash +€43,032
up €43,032 (+383.5%), from €11,221 to €54,253
mainly Other debts (+€33,632) and Net result for the year (+€21,392)
- Receivables within one year -€17,703
down €17,703 (-70.3%), from €25,166 to €7,462
- Tangible fixed assets -€11,634
down €11,634 (-25.9%), from €44,940 to €33,306
of which Furniture and vehicles: -€10,956
- Deferred charges and accrued income +€2,756
up €2,756 (+109.7%), from €2,511 to €5,267
- Other debts +€33,632
new in 2025: €33,632
- Debts after one year -€9,527
down €9,527 (-63.0%), from €15,121 to €5,594
- Profit (loss) carried forward -€8,608
down €8,608 (-90.4%), from €9,518 to €910
- Tax, wage and social debts +€1,130
up €1,130 (+4.6%), from €24,616 to €25,746
of which Taxes: +€3,539
- Gross operating margin +€28,162
up €28,162 (+140.8%), from €20,002 to €48,165
- Taxes +€3,053
up €3,053 (+69.3%), from €4,408 to €7,461
- Financial charges -€686
down €686 (-33.5%), from €2,051 to €1,365
of which Financial charges: -€626
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 | €83,838 | €100,289 | +€16,451 | +19.6% |
| Fixed assets | 21/28 | €44,940 | €33,306 | -€11,634 | -25.9% |
| Tangible fixed assets | 22/27 | €44,940 | €33,306 | -€11,634 | -25.9% |
| Land and buildings | 22 | €570 | €370 | -€200 | -35.1% |
| Furniture and vehicles | 24 | €41,045 | €30,089 | -€10,956 | -26.7% |
| Leasing and similar rights | 25 | €3,325 | €2,847 | -€478 | -14.4% |
| Current assets | 29/58 | €38,898 | €66,983 | +€28,085 | +72.2% |
| Amounts receivable within one year | 40/41 | €25,166 | €7,462 | -€17,703 | -70.3% |
| Trade receivables | 40 | €25,166 | €7,462 | -€17,703 | -70.3% |
| Cash at bank and in hand | 54/58 | €11,221 | €54,253 | +€43,032 | +383.5% |
| Deferred charges and accrued income | 490/1 | €2,511 | €5,267 | +€2,756 | +109.7% |
| Total equity and liabilities | 10/49 | €83,838 | €100,289 | +€16,451 | +19.6% |
| Equity | 10/15 | €33,578 | €24,970 | -€8,608 | -25.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,860 | €17,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,860 | €17,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,860 | €17,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,518 | €910 | -€8,608 | -90.4% |
| Amounts payable | 17/49 | €50,260 | €75,319 | +€25,059 | +49.9% |
| Amounts payable after more than one year | 17 | €15,121 | €5,594 | -€9,527 | -63.0% |
| Financial debts | 170/4 | €15,121 | €5,594 | -€9,527 | -63.0% |
| Amounts payable within one year | 42/48 | €35,139 | €69,725 | +€34,586 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €10,450 | €10,153 | -€297 | -2.8% |
| Trade debts | 44 | €74 | €194 | +€120 | +163.4% |
| Suppliers | 440/4 | €74 | €194 | +€120 | +163.4% |
| Taxes, remuneration and social security | 45 | €24,616 | €25,746 | +€1,130 | +4.6% |
| Taxes | 450/3 | €22,207 | €25,746 | +€3,539 | +15.9% |
| Remuneration and social security | 454/9 | €2,409 | - | -€2,409 | |
| Other amounts payable | 47/48 | - | €33,632 | +€33,632 | |
| Remuneration, social security and pensions | 62 | €26 | - | -€26 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,485 | €16,797 | +€312 | +1.9% |
| Other operating charges | 640/8 | €1,160 | €1,235 | +€75 | +6.4% |
| Gross operating margin | 9900 | €20,002 | €48,165 | +€28,162 | +140.8% |
| Operating profit (loss) | 9901 | €2,330 | €30,132 | +€27,802 | +1193.1% |
| Financial income | 75/76B | €4 | €85 | +€81 | +2002.0% |
| Recurring financial income | 75 | €4 | €85 | +€81 | +2002.0% |
| Financial charges | 65/66B | €2,051 | €1,365 | -€686 | -33.5% |
| Recurring financial charges | 65 | €1,991 | €1,365 | -€626 | -31.4% |
| Non-recurring financial charges | 66B | €60 | - | -€60 | |
| Profit (loss) for the period before taxes | 9903 | €283 | €28,852 | +€28,569 | +10083.3% |
| Income taxes | 67/77 | €4,408 | €7,461 | +€3,053 | +69.3% |
| Profit (loss) for the period | 9904 | -€4,125 | €21,392 | +€25,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,125 | €21,392 | +€25,516 |
Source: filed annual accounts (NBB), fiscal 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.