Vincent Thiry 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 Thiry Architecte
Largest movements
- Intangible fixed assets -€5,636
down €5,636 (-23.5%), from €23,992 to €18,356
- Tangible fixed assets -€4,226
down €4,226 (-74.7%), from €5,658 to €1,432
- Cash +€1,311
up €1,311 (+6.5%), from €20,301 to €21,612
mainly Depreciation (+€9,862) and Trade debts (+€2,262)
- Deferred charges and accrued income -€800
down €800 (-39.3%), from €2,035 to €1,236
- Receivables within one year +€715
up €715 (+70.8%), from €1,011 to €1,726
of which Other amounts receivable: +€808
- Investment grants -€4,636
down €4,636 (-25.0%), from €18,544 to €13,908
- Other debts -€4,424
down €4,424 (-54.5%), from €8,119 to €3,695
- Trade debts +€2,262
up €2,262 (+550%), from €411 to €2,673
- Tax, wage and social debts -€952
no longer reported in 2025 (was €952)
- Profit (loss) carried forward -€886
down €886 (-3.9%), from €22,471 to €21,585
- Gross operating margin -€4,603
down €4,603 (-44.4%), from €10,366 to €5,763
- Depreciation +€1,448
up €1,448 (+17.2%), from €8,414 to €9,862
- Taxes -€1,366
down €1,366 (-74.5%), from €1,834 to €468
- Other operating charges +€161
up €161 (+23.3%), from €691 to €851
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 | €52,997 | €44,362 | -€8,635 | -16.3% |
| Fixed assets | 21/28 | €29,649 | €19,787 | -€9,862 | -33.3% |
| Intangible fixed assets | 21 | €23,992 | €18,356 | -€5,636 | -23.5% |
| Tangible fixed assets | 22/27 | €5,658 | €1,432 | -€4,226 | -74.7% |
| Furniture and vehicles | 24 | €5,658 | €1,432 | -€4,226 | -74.7% |
| Current assets | 29/58 | €23,347 | €24,574 | +€1,227 | +5.3% |
| Amounts receivable within one year | 40/41 | €1,011 | €1,726 | +€715 | +70.8% |
| Trade receivables | 40 | €1,011 | €918 | -€93 | -9.2% |
| Other amounts receivable | 41 | - | €808 | +€808 | |
| Cash at bank and in hand | 54/58 | €20,301 | €21,612 | +€1,311 | +6.5% |
| Deferred charges and accrued income | 490/1 | €2,035 | €1,236 | -€800 | -39.3% |
| Total equity and liabilities | 10/49 | €52,997 | €44,362 | -€8,635 | -16.3% |
| Equity | 10/15 | €43,515 | €37,993 | -€5,522 | -12.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,471 | €21,585 | -€886 | -3.9% |
| Investment grants | 15 | €18,544 | €13,908 | -€4,636 | -25.0% |
| Amounts payable | 17/49 | €9,482 | €6,369 | -€3,113 | -32.8% |
| Amounts payable within one year | 42/48 | €9,482 | €6,369 | -€3,113 | -32.8% |
| Trade debts | 44 | €411 | €2,673 | +€2,262 | +550% |
| Suppliers | 440/4 | €411 | €2,673 | +€2,262 | +550% |
| Taxes, remuneration and social security | 45 | €952 | - | -€952 | |
| Taxes | 450/3 | €952 | - | -€952 | |
| Other amounts payable | 47/48 | €8,119 | €3,695 | -€4,424 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,414 | €9,862 | +€1,448 | +17.2% |
| Other operating charges | 640/8 | €691 | €851 | +€161 | +23.3% |
| Gross operating margin | 9900 | €10,366 | €5,763 | -€4,603 | -44.4% |
| Operating profit (loss) | 9901 | €1,261 | -€4,950 | -€6,211 | |
| Financial income | 75/76B | €4,636 | €4,636 | = | 0.0% |
| Recurring financial income | 75 | €4,636 | €4,636 | = | 0.0% |
| Financial charges | 65/66B | €116 | €104 | -€13 | -11.1% |
| Recurring financial charges | 65 | €116 | €104 | -€13 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €5,781 | -€418 | -€6,198 | |
| Income taxes | 67/77 | €1,834 | €468 | -€1,366 | -74.5% |
| Profit (loss) for the period | 9904 | €3,947 | -€886 | -€4,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,947 | -€886 | -€4,832 |
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 19 October 2026 via checked.be.