The Product Architects: what changed
What changed
The Product Architects
NACE 73.200, Market research and public opinion polling
filed annual accounts (NBB)
Net result for the year
-€48,286
2023 · €19,945-€68,231
Equity
€45,080
2023 · €93,365-€48,286
Cash
€54,919
2023 · €87,441-€32,523
Balance sheet total
€75,271
2023 · €136,628-€61,357
Largest movements
Assets
- Cash -€32,523
down €32,523 (-37.2%), from €87,441 to €54,919
mainly Net result for the year (-€48,286) and Trade debts (-€6,784)
- Receivables within one year -€29,003
down €29,003 (-66.8%), from €43,447 to €14,444
of which Trade receivables: -€19,608
Equity and liabilities
- Profit (loss) carried forward -€48,286
down €48,286 (-290%), from -€16,635 to -€64,920
- Trade debts -€6,784
down €6,784 (-20.7%), from €32,831 to €26,047
- Debts after one year -€4,144
down €4,144 (-100%), from €4,144 to €0
- Current portion of long-term debt -€2,143
down €2,143 (-34.1%), from €6,287 to €4,144
Income statement
- Gross operating margin -€72,869
down €72,869, from €27,232 to -€45,637
- Depreciation -€2,397
down €2,397 (-48.0%), from €4,997 to €2,601
- Financial income +€846
up €846 (+749%), from €113 to €959
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€19,945
Gross operating margin
-€72,869
Depreciation
+€2,397
Other operating charges
+€428
Other operating items
+€790
Financial income
+€846
Financial charges
+€177
Result 2024
-€48,286
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€24,372
Investment
-€1,863
Financing
-€6,287
Cash 2023
€87,441
From operations (derived)
-€24,372
Net result for the year
-€48,286
Depreciation
+€2,601
Receivables after one year
-€904
Receivables within one year
+€29,003
Deferred charges and accrued income
-€3
Trade debts
-€6,784
Investment (derived)
-€1,863
Investment in fixed assets (net)
-€1,863
Financing
-€6,287
Debts after one year
-€4,144
Current portion of long-term debt
-€2,143
Cash 2024
€54,919
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,628 | €75,271 | -€61,357 | -44.9% |
| Fixed assets | 21/28 | €5,046 | €4,309 | -€738 | -14.6% |
| Intangible fixed assets | 21 | €2,073 | €825 | -€1,248 | -60.2% |
| Tangible fixed assets | 22/27 | €2,973 | €3,484 | +€511 | +17.2% |
| Furniture and vehicles | 24 | €2,973 | €3,484 | +€511 | +17.2% |
| Current assets | 29/58 | €131,582 | €70,962 | -€60,619 | -46.1% |
| Amounts receivable after more than one year | 29 | - | €904 | +€904 | |
| Other amounts receivable | 291 | - | €904 | +€904 | |
| Amounts receivable within one year | 40/41 | €43,447 | €14,444 | -€29,003 | -66.8% |
| Trade receivables | 40 | €27,896 | €8,288 | -€19,608 | -70.3% |
| Other amounts receivable | 41 | €15,551 | €6,156 | -€9,395 | -60.4% |
| Cash at bank and in hand | 54/58 | €87,441 | €54,919 | -€32,523 | -37.2% |
| Deferred charges and accrued income | 490/1 | €693 | €696 | +€3 | +0.4% |
| Total equity and liabilities | 10/49 | €136,628 | €75,271 | -€61,357 | -44.9% |
| Equity | 10/15 | €93,365 | €45,080 | -€48,286 | -51.7% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,635 | -€64,920 | -€48,286 | -290% |
| Amounts payable | 17/49 | €43,263 | €30,191 | -€13,071 | -30.2% |
| Amounts payable after more than one year | 17 | €4,144 | €0 | -€4,144 | -100% |
| Financial debts | 170/4 | €4,144 | €0 | -€4,144 | -100% |
| Amounts payable within one year | 42/48 | €39,119 | €30,191 | -€8,927 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €6,287 | €4,144 | -€2,143 | -34.1% |
| Trade debts | 44 | €32,831 | €26,047 | -€6,784 | -20.7% |
| Suppliers | 440/4 | €32,831 | €26,047 | -€6,784 | -20.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,997 | €2,601 | -€2,397 | -48.0% |
| Other operating charges | 640/8 | €934 | €505 | -€428 | -45.9% |
| Non-recurring operating charges | 66A | €790 | €0 | -€790 | -100% |
| Gross operating margin | 9900 | €27,232 | -€45,637 | -€72,869 | |
| Operating profit (loss) | 9901 | €20,511 | -€48,743 | -€69,254 | |
| Financial income | 75/76B | €113 | €959 | +€846 | +749% |
| Recurring financial income | 75 | €113 | €959 | +€846 | +749% |
| Financial charges | 65/66B | €679 | €502 | -€177 | -26.1% |
| Recurring financial charges | 65 | €679 | €502 | -€177 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €19,945 | -€48,286 | -€68,231 | |
| Profit (loss) for the period | 9904 | €19,945 | -€48,286 | -€68,231 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,945 | -€48,286 | -€68,231 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.