WHY ARCHITECTURE: 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.
WHY ARCHITECTURE
Largest movements
- Cash -€114,531
down €114,531 (-24.0%), from €476,892 to €362,361
mainly Contributions, distributions and other (-€221,000) and Receivables within one year (-€104,521)
- Receivables within one year +€104,521
up €104,521 (+407%), from €25,695 to €130,217
of which Trade receivables: +€104,521
- Other debts -€47,240
down €47,240 (-16.5%), from €285,881 to €238,641
- Tax, wage and social debts +€34,845
up €34,845 (+130%), from €26,721 to €61,566
- Short-term financial debts +€16,506
new in 2026: €16,506
- Current portion of long-term debt -€13,854
no longer reported in 2026 (was €13,854)
- Gross operating margin +€117,443
up €117,443 (+60.2%), from €195,245 to €312,687
- Taxes +€29,033
up €29,033 (+69.6%), from €41,688 to €70,721
- Financial charges +€9,399
up €9,399 (+158%), from €5,948 to €15,347
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €522,056 | €510,239 | -€11,817 | -2.3% |
| Fixed assets | 21/28 | €14,229 | €11,412 | -€2,817 | -19.8% |
| Intangible fixed assets | 21 | €3,130 | €974 | -€2,156 | -68.9% |
| Tangible fixed assets | 22/27 | €11,099 | €10,288 | -€811 | -7.3% |
| Plant, machinery and equipment | 23 | €2,231 | €2,549 | +€318 | +14.3% |
| Furniture and vehicles | 24 | €55 | - | -€55 | |
| Other tangible fixed assets | 26 | €8,813 | €7,739 | -€1,075 | -12.2% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €507,827 | €498,827 | -€9,000 | -1.8% |
| Amounts receivable within one year | 40/41 | €25,695 | €130,217 | +€104,521 | +407% |
| Trade receivables | 40 | €17,695 | €122,217 | +€104,521 | +591% |
| Other amounts receivable | 41 | €8,000 | €8,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €476,892 | €362,361 | -€114,531 | -24.0% |
| Deferred charges and accrued income | 490/1 | €5,239 | €6,249 | +€1,010 | +19.3% |
| Total equity and liabilities | 10/49 | €522,056 | €510,239 | -€11,817 | -2.3% |
| Equity | 10/15 | €171,686 | €172,122 | +€435 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,226 | €151,662 | +€435 | +0.3% |
| Amounts payable | 17/49 | €350,369 | €338,117 | -€12,253 | -3.5% |
| Amounts payable within one year | 42/48 | €350,369 | €338,117 | -€12,253 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €13,854 | - | -€13,854 | |
| Financial debts | 43 | - | €16,506 | +€16,506 | |
| Credit institutions | 430/8 | - | €16,506 | +€16,506 | |
| Trade debts | 44 | €23,913 | €21,404 | -€2,509 | -10.5% |
| Suppliers | 440/4 | €23,913 | €21,404 | -€2,509 | -10.5% |
| Taxes, remuneration and social security | 45 | €26,721 | €61,566 | +€34,845 | +130% |
| Taxes | 450/3 | €26,721 | €61,566 | +€34,845 | +130% |
| Other amounts payable | 47/48 | €285,881 | €238,641 | -€47,240 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,154 | €4,784 | -€2,370 | -33.1% |
| Other operating charges | 640/8 | €515 | €400 | -€116 | -22.4% |
| Gross operating margin | 9900 | €195,245 | €312,687 | +€117,443 | +60.2% |
| Operating profit (loss) | 9901 | €187,575 | €307,503 | +€119,929 | +63.9% |
| Financial income | 75/76B | €19 | €0 | -€19 | -99.7% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -99.7% |
| Financial charges | 65/66B | €5,948 | €15,347 | +€9,399 | +158% |
| Recurring financial charges | 65 | €5,948 | €15,347 | +€9,399 | +158% |
| Profit (loss) for the period before taxes | 9903 | €181,646 | €292,156 | +€110,511 | +60.8% |
| Income taxes | 67/77 | €41,688 | €70,721 | +€29,033 | +69.6% |
| Profit (loss) for the period | 9904 | €139,958 | €221,435 | +€81,478 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,958 | €221,435 | +€81,478 | +58.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.