Van Laethem-Architecten: 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.
Van Laethem-Architecten
Largest movements
- Cash +€27,234
up €27,234 (+170%), from €16,020 to €43,254
mainly Net result for the year (+€25,394) and Depreciation (+€9,613)
- Tangible fixed assets -€7,847
down €7,847 (-6.1%), from €128,184 to €120,337
of which Land and buildings: -€6,620
- Receivables within one year -€5,668
down €5,668 (-41.8%), from €13,567 to €7,899
of which Trade receivables: -€7,424
- Reserves +€22,894
up €22,894 (+126%), from €18,114 to €41,007
- Debts after one year -€17,771
down €17,771 (-13.7%), from €130,128 to €112,357
- Current portion of long-term debt +€8,110
new in 2025: €8,110
- Other debts +€2,500
new in 2025: €2,500
- Depreciation -€8,573
down €8,573 (-47.1%), from €18,186 to €9,613
- Taxes +€1,248
up €1,248 (+25.0%), from €4,996 to €6,244
- Other operating charges -€923
down €923 (-63.6%), from €1,451 to €527
- Gross operating margin -€850
down €850 (-2.0%), from €42,826 to €41,976
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 | €159,556 | €174,694 | +€15,138 | +9.5% |
| Fixed assets | 21/28 | €128,184 | €120,337 | -€7,847 | -6.1% |
| Tangible fixed assets | 22/27 | €128,184 | €120,337 | -€7,847 | -6.1% |
| Land and buildings | 22 | €124,796 | €118,176 | -€6,620 | -5.3% |
| Plant, machinery and equipment | 23 | €1,786 | €1,262 | -€524 | -29.3% |
| Furniture and vehicles | 24 | €1,602 | €899 | -€704 | -43.9% |
| Current assets | 29/58 | €31,371 | €54,357 | +€22,986 | +73.3% |
| Amounts receivable within one year | 40/41 | €13,567 | €7,899 | -€5,668 | -41.8% |
| Trade receivables | 40 | €13,550 | €6,127 | -€7,424 | -54.8% |
| Other amounts receivable | 41 | €17 | €1,773 | +€1,756 | +10,310% |
| Cash at bank and in hand | 54/58 | €16,020 | €43,254 | +€27,234 | +170% |
| Deferred charges and accrued income | 490/1 | €1,784 | €3,204 | +€1,420 | +79.6% |
| Total equity and liabilities | 10/49 | €159,556 | €174,694 | +€15,138 | +9.5% |
| Equity | 10/15 | €20,614 | €43,507 | +€22,894 | +111% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,114 | €41,007 | +€22,894 | +126% |
| Distributable reserves | 133 | €18,114 | €41,007 | +€22,894 | +126% |
| Amounts payable | 17/49 | €138,942 | €131,187 | -€7,755 | -5.6% |
| Amounts payable after more than one year | 17 | €130,128 | €112,357 | -€17,771 | -13.7% |
| Other amounts payable | 178/9 | €130,128 | €112,357 | -€17,771 | -13.7% |
| Amounts payable within one year | 42/48 | €8,814 | €18,830 | +€10,016 | +114% |
| Current portion of amounts payable after more than one year | 42 | - | €8,110 | +€8,110 | |
| Trade debts | 44 | €2,761 | €3,540 | +€779 | +28.2% |
| Suppliers | 440/4 | €2,761 | €3,540 | +€779 | +28.2% |
| Taxes, remuneration and social security | 45 | €6,053 | €4,680 | -€1,373 | -22.7% |
| Taxes | 450/3 | €3,926 | €4,680 | +€754 | +19.2% |
| Remuneration and social security | 454/9 | €2,127 | - | -€2,127 | |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,186 | €9,613 | -€8,573 | -47.1% |
| Other operating charges | 640/8 | €1,451 | €527 | -€923 | -63.6% |
| Gross operating margin | 9900 | €42,826 | €41,976 | -€850 | -2.0% |
| Operating profit (loss) | 9901 | €23,190 | €31,836 | +€8,646 | +37.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €80 | €198 | +€118 | +147% |
| Recurring financial charges | 65 | €80 | €198 | +€118 | +147% |
| Profit (loss) for the period before taxes | 9903 | €23,109 | €31,638 | +€8,529 | +36.9% |
| Income taxes | 67/77 | €4,996 | €6,244 | +€1,248 | +25.0% |
| Profit (loss) for the period | 9904 | €18,114 | €25,394 | +€7,280 | +40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,114 | €25,394 | +€7,280 | +40.2% |
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 30 October 2026 via checked.be.