SYSTEMS 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.
SYSTEMS ARCHITECTS
Largest movements
- Current investments +€153,055
up €153,055 (+24.0%), from €637,953 to €791,008
- Cash -€104,879
down €104,879 (-63.0%), from €166,449 to €61,570
mainly Current investments (-€153,055) and Receivables within one year (-€7,837)
- Reserves +€60,126
up €60,126 (+7.3%), from €818,410 to €878,537
- Gross operating margin -€24,381
down €24,381 (-25.6%), from €95,252 to €70,871
- Taxes -€14,375
down €14,375 (-44.9%), from €32,018 to €17,643
- Financial income -€2,449
down €2,449 (-21.9%), from €11,160 to €8,711
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 | €843,871 | €902,436 | +€58,564 | +6.9% |
| Fixed assets | 21/28 | €3,295 | €2,385 | -€910 | -27.6% |
| Tangible fixed assets | 22/27 | €3,270 | €2,360 | -€910 | -27.8% |
| Furniture and vehicles | 24 | €3,270 | €2,360 | -€910 | -27.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €840,576 | €900,051 | +€59,475 | +7.1% |
| Amounts receivable within one year | 40/41 | €34,010 | €41,847 | +€7,837 | +23.0% |
| Trade receivables | 40 | €30,444 | €30,588 | +€144 | +0.5% |
| Other amounts receivable | 41 | €3,567 | €11,260 | +€7,693 | +215.7% |
| Current investments | 50/53 | €637,953 | €791,008 | +€153,055 | +24.0% |
| Cash at bank and in hand | 54/58 | €166,449 | €61,570 | -€104,879 | -63.0% |
| Deferred charges and accrued income | 490/1 | €2,164 | €5,626 | +€3,461 | +159.9% |
| Total equity and liabilities | 10/49 | €843,871 | €902,436 | +€58,564 | +6.9% |
| Equity | 10/15 | €825,062 | €885,188 | +€60,126 | +7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €818,410 | €878,537 | +€60,126 | +7.3% |
| Distributable reserves | 133 | €818,410 | €878,537 | +€60,126 | +7.3% |
| Profit (loss) carried forward | 14 | €452 | €452 | = | 0.0% |
| Amounts payable | 17/49 | €18,809 | €17,247 | -€1,562 | -8.3% |
| Amounts payable within one year | 42/48 | €18,294 | €16,459 | -€1,835 | -10.0% |
| Trade debts | 44 | €3,070 | €2,863 | -€207 | -6.7% |
| Suppliers | 440/4 | €3,070 | €2,863 | -€207 | -6.7% |
| Taxes, remuneration and social security | 45 | €15,121 | €13,536 | -€1,585 | -10.5% |
| Taxes | 450/3 | €15,121 | €13,536 | -€1,585 | -10.5% |
| Other amounts payable | 47/48 | €104 | €60 | -€43 | -41.8% |
| Accrued charges and deferred income | 492/3 | €515 | €788 | +€273 | +53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,166 | €910 | -€256 | -21.9% |
| Other operating charges | 640/8 | €669 | €692 | +€23 | +3.4% |
| Gross operating margin | 9900 | €95,252 | €70,871 | -€24,381 | -25.6% |
| Operating profit (loss) | 9901 | €93,417 | €69,270 | -€24,148 | -25.8% |
| Financial income | 75/76B | €11,160 | €8,711 | -€2,449 | -21.9% |
| Recurring financial income | 75 | €11,160 | €8,711 | -€2,449 | -21.9% |
| Financial charges | 65/66B | €191 | €211 | +€20 | +10.5% |
| Recurring financial charges | 65 | €191 | €211 | +€20 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €104,386 | €77,769 | -€26,617 | -25.5% |
| Income taxes | 67/77 | €32,018 | €17,643 | -€14,375 | -44.9% |
| Profit (loss) for the period | 9904 | €72,368 | €60,126 | -€12,242 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €72,368 | €60,126 | -€12,242 | -16.9% |
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 10 October 2026 via checked.be.