VINCENT DEWULF ARCHITECTE: 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.
VINCENT DEWULF ARCHITECTE
Largest movements
- Tangible fixed assets -€8,033
down €8,033 (-84.2%), from €9,541 to €1,508
of which Furniture and vehicles: -€7,448
- Cash -€3,076
down €3,076 (-5.8%), from €53,041 to €49,965
mainly Contributions, distributions and other (-€35,000) and Tax, wage and social debts (-€857)
- Reserves -€32,942
down €32,942 (-78.8%), from €41,799 to €8,857
of which Distributable reserves: -€32,942
- Other debts +€22,267
new in 2025: €22,267
- Tax, wage and social debts -€857
down €857 (-9.0%), from €9,547 to €8,690
- Gross operating margin -€12,390
down €12,390 (-48.4%), from €25,591 to €13,201
- Taxes -€2,397
down €2,397 (-57.5%), from €4,171 to €1,773
- Depreciation -€963
down €963 (-10.7%), from €8,995 to €8,033
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 | €70,686 | €59,620 | -€11,066 | -15.7% |
| Fixed assets | 21/28 | €9,541 | €1,508 | -€8,033 | -84.2% |
| Tangible fixed assets | 22/27 | €9,541 | €1,508 | -€8,033 | -84.2% |
| Plant, machinery and equipment | 23 | €2,093 | €1,508 | -€584 | -27.9% |
| Furniture and vehicles | 24 | €7,448 | - | -€7,448 | |
| Current assets | 29/58 | €61,145 | €58,112 | -€3,033 | -5.0% |
| Amounts receivable within one year | 40/41 | €7,355 | €7,915 | +€561 | +7.6% |
| Trade receivables | 40 | €6,510 | €4,689 | -€1,821 | -28.0% |
| Other amounts receivable | 41 | €845 | €3,227 | +€2,382 | +282% |
| Cash at bank and in hand | 54/58 | €53,041 | €49,965 | -€3,076 | -5.8% |
| Deferred charges and accrued income | 490/1 | €750 | €232 | -€518 | -69.1% |
| Total equity and liabilities | 10/49 | €70,686 | €59,620 | -€11,066 | -15.7% |
| Equity | 10/15 | €60,399 | €27,457 | -€32,942 | -54.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,799 | €8,857 | -€32,942 | -78.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,939 | €6,997 | -€32,942 | -82.5% |
| Amounts payable | 17/49 | €10,287 | €32,164 | +€21,877 | +213% |
| Amounts payable within one year | 42/48 | €10,287 | €32,164 | +€21,877 | +213% |
| Trade debts | 44 | €739 | €1,206 | +€466 | +63.1% |
| Suppliers | 440/4 | €739 | €1,206 | +€466 | +63.1% |
| Taxes, remuneration and social security | 45 | €9,547 | €8,690 | -€857 | -9.0% |
| Taxes | 450/3 | €9,547 | €8,690 | -€857 | -9.0% |
| Other amounts payable | 47/48 | - | €22,267 | +€22,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,995 | €8,033 | -€963 | -10.7% |
| Other operating charges | 640/8 | €841 | €912 | +€71 | +8.4% |
| Gross operating margin | 9900 | €25,591 | €13,201 | -€12,390 | -48.4% |
| Operating profit (loss) | 9901 | €15,755 | €4,257 | -€11,498 | -73.0% |
| Financial charges | 65/66B | €454 | €426 | -€28 | -6.2% |
| Recurring financial charges | 65 | €454 | €426 | -€28 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €15,301 | €3,831 | -€11,470 | -75.0% |
| Income taxes | 67/77 | €4,171 | €1,773 | -€2,397 | -57.5% |
| Profit (loss) for the period | 9904 | €11,130 | €2,058 | -€9,073 | -81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,130 | €2,058 | -€9,073 | -81.5% |
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.