88 projecten: 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.
88 projecten
Largest movements
- Tangible fixed assets -€8,379
down €8,379 (-6.0%), from €139,833 to €131,454
of which Land and buildings: -€5,797
- Receivables within one year +€5,641
up €5,641 (+8663.7%), from €65 to €5,706
of which Trade receivables: +€5,502
- Cash +€3,468
up €3,468 (+1790.9%), from €194 to €3,662
mainly Net result for the year (+€20,903) and Depreciation (+€11,766)
- Profit (loss) carried forward +€17,868
no longer reported in 2025 (was -€17,868)
- Other debts -€16,309
down €16,309 (-78.3%), from €20,827 to €4,519
- Debts after one year -€7,903
down €7,903 (-6.7%), from €117,675 to €109,771
- Reserves +€3,035
new in 2025: €3,035
- Current portion of long-term debt +€2,460
up €2,460 (+22.0%), from €11,198 to €13,658
- Gross operating margin +€22,454
up €22,454 (+159.1%), from €14,116 to €36,571
- Depreciation -€4,070
down €4,070 (-25.7%), from €15,837 to €11,766
- Other operating charges -€1,105
down €1,105 (-68.3%), from €1,619 to €514
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.
Cash bridge derived
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 | €141,197 | €141,380 | +€183 | +0.1% |
| Formation expenses | 20 | €61 | €0 | -€61 | -100.0% |
| Fixed assets | 21/28 | €139,833 | €131,454 | -€8,379 | -6.0% |
| Tangible fixed assets | 22/27 | €139,833 | €131,454 | -€8,379 | -6.0% |
| Land and buildings | 22 | €125,723 | €119,925 | -€5,797 | -4.6% |
| Plant, machinery and equipment | 23 | €1,411 | €725 | -€686 | -48.6% |
| Furniture and vehicles | 24 | €12,700 | €10,804 | -€1,896 | -14.9% |
| Current assets | 29/58 | €1,304 | €9,927 | +€8,623 | +661.4% |
| Amounts receivable within one year | 40/41 | €65 | €5,706 | +€5,641 | +8663.7% |
| Trade receivables | 40 | - | €5,502 | +€5,502 | |
| Other amounts receivable | 41 | €65 | €204 | +€138 | +212.7% |
| Cash at bank and in hand | 54/58 | €194 | €3,662 | +€3,468 | +1790.9% |
| Deferred charges and accrued income | 490/1 | €1,045 | €559 | -€486 | -46.5% |
| Total equity and liabilities | 10/49 | €141,197 | €141,380 | +€183 | +0.1% |
| Equity | 10/15 | -€14,868 | €6,035 | +€20,903 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €3,035 | +€3,035 | |
| Distributable reserves | 133 | - | €3,035 | +€3,035 | |
| Profit (loss) carried forward | 14 | -€17,868 | - | +€17,868 | |
| Amounts payable | 17/49 | €156,065 | €135,345 | -€20,720 | -13.3% |
| Amounts payable after more than one year | 17 | €117,675 | €109,771 | -€7,903 | -6.7% |
| Financial debts | 170/4 | €117,675 | €109,771 | -€7,903 | -6.7% |
| Amounts payable within one year | 42/48 | €38,391 | €25,574 | -€12,817 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €11,198 | €13,658 | +€2,460 | +22.0% |
| Trade debts | 44 | €170 | €476 | +€306 | +180.0% |
| Suppliers | 440/4 | €170 | €476 | +€306 | +180.0% |
| Taxes, remuneration and social security | 45 | €6,195 | €6,921 | +€726 | +11.7% |
| Taxes | 450/3 | €5,095 | €3,621 | -€1,474 | -28.9% |
| Remuneration and social security | 454/9 | €1,100 | €3,300 | +€2,200 | +200.0% |
| Other amounts payable | 47/48 | €20,827 | €4,519 | -€16,309 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,837 | €11,766 | -€4,070 | -25.7% |
| Other operating charges | 640/8 | €1,619 | €514 | -€1,105 | -68.3% |
| Gross operating margin | 9900 | €14,116 | €36,571 | +€22,454 | +159.1% |
| Operating profit (loss) | 9901 | -€3,339 | €24,291 | +€27,630 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +10050.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +10050.0% |
| Financial charges | 65/66B | €3,431 | €3,390 | -€41 | -1.2% |
| Recurring financial charges | 65 | €3,431 | €3,390 | -€41 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,770 | €20,903 | +€27,673 | |
| Profit (loss) for the period | 9904 | -€6,770 | €20,903 | +€27,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,770 | €20,903 | +€27,673 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.