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07 Projects: what changed

Two fiscal 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.

What changed

07 Projects

BE 0894.350.688
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€728
2023 · -€1,085+€358
Equity
€31,983
2023 · €32,710-€728
Cash
€32,721
2023 · €32,859-€138
Balance sheet total
€32,801
2023 · €32,877-€77

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Reserves -€728

      down €728 (-3.6%), from €20,310 to €19,583

    • Trade debts +€651

      up €651 (+455.0%), from €143 to €794

    Income statement
    • Gross operating margin +€229

      up €229 (+21.1%), from -€1,087 to -€858

    • Financial income +€142

      up €142 (+231.2%), from €62 to €204

    • Financial charges +€13

      up €13 (+22.1%), from €60 to €74

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€1,085
    Gross operating margin +€229
    Financial income +€142
    Financial charges -€13
    Result 2024 -€728

    Cash bridge derived

    cash 2023 to 2024

    Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations -€138
    Investment €0
    Financing €0
    Cash 2023 €32,859
    Net result for the year -€728
    Receivables within one year -€61
    Trade debts +€651
    Cash 2024 €32,721
    Every line side by side 24 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €32,877 €32,801 -€77 -0.2%
    Current assets 29/58 €32,877 €32,801 -€77 -0.2%
    Amounts receivable within one year 40/41 €18 €80 +€61 +331.3%
    Other amounts receivable 41 €18 €80 +€61 +331.3%
    Cash at bank and in hand 54/58 €32,859 €32,721 -€138 -0.4%
    Total equity and liabilities 10/49 €32,877 €32,801 -€77 -0.2%
    Equity 10/15 €32,710 €31,983 -€728 -2.2%
    Contributions 10/11 €12,400 €12,400 = 0.0%
    Reserves 13 €20,310 €19,583 -€728 -3.6%
    Distributable reserves 133 €20,310 €19,583 -€728 -3.6%
    Amounts payable 17/49 €167 €818 +€651 +389.5%
    Amounts payable within one year 42/48 €167 €818 +€651 +389.5%
    Trade debts 44 €143 €794 +€651 +455.0%
    Suppliers 440/4 €143 €794 +€651 +455.0%
    Other amounts payable 47/48 €24 €24 = 0.0%
    Gross operating margin 9900 -€1,087 -€858 +€229 +21.1%
    Operating profit (loss) 9901 -€1,087 -€858 +€229 +21.1%
    Financial income 75/76B €62 €204 +€142 +231.2%
    Recurring financial income 75 €62 €204 +€142 +231.2%
    Financial charges 65/66B €60 €74 +€13 +22.1%
    Recurring financial charges 65 €60 €74 +€13 +22.1%
    Profit (loss) for the period before taxes 9903 -€1,085 -€728 +€358 +33.0%
    Profit (loss) for the period 9904 -€1,085 -€728 +€358 +33.0%
    Profit (loss) for the period to be appropriated 9905 -€1,085 -€728 +€358 +33.0%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.