A & P PROJECTEN: 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.
A & P PROJECTEN
Largest movements
- Receivables within one year -€3,250
down €3,250 (-5.1%), from €63,894 to €60,644
- Tax, wage and social debts -€3,397
down €3,397 (-65.2%), from €5,213 to €1,816
- Reserves +€1,042
up €1,042 (+8.6%), from €12,054 to €13,096
of which Distributable reserves: +€1,042
- Profit (loss) carried forward -€833
down €833 (-2.1%), from €39,744 to €38,911
- Gross operating margin -€1,577
down €1,577, from €156 to -€1,421
- Taxes -€773
down €773 (-59.7%), from €1,295 to €522
- Financial income -€353
down €353 (-9.5%), from €3,721 to €3,368
- Other operating charges +€348
up €348 (+1,406%), from €25 to €373
- Financial charges -€55
down €55 (-84.6%), from €65 to €10
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 | €64,044 | €60,856 | -€3,188 | -5.0% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €63,894 | €60,706 | -€3,188 | -5.0% |
| Amounts receivable within one year | 40/41 | €63,894 | €60,644 | -€3,250 | -5.1% |
| Other amounts receivable | 41 | €63,894 | €60,644 | -€3,250 | -5.1% |
| Cash at bank and in hand | 54/58 | - | €62 | +€62 | |
| Total equity and liabilities | 10/49 | €64,044 | €60,856 | -€3,188 | -5.0% |
| Equity | 10/15 | €57,998 | €58,207 | +€209 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,054 | €13,096 | +€1,042 | +8.6% |
| 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 | €10,194 | €11,236 | +€1,042 | +10.2% |
| Profit (loss) carried forward | 14 | €39,744 | €38,911 | -€833 | -2.1% |
| Amounts payable | 17/49 | €6,046 | €2,649 | -€3,397 | -56.2% |
| Amounts payable within one year | 42/48 | €6,046 | €2,649 | -€3,397 | -56.2% |
| Taxes, remuneration and social security | 45 | €5,213 | €1,816 | -€3,397 | -65.2% |
| Taxes | 450/3 | €5,213 | €1,816 | -€3,397 | -65.2% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Other operating charges | 640/8 | €25 | €373 | +€348 | +1,406% |
| Gross operating margin | 9900 | €156 | -€1,421 | -€1,577 | |
| Operating profit (loss) | 9901 | €131 | -€1,794 | -€1,925 | |
| Financial income | 75/76B | €3,721 | €3,368 | -€353 | -9.5% |
| Recurring financial income | 75 | €3,721 | €3,368 | -€353 | -9.5% |
| Financial charges | 65/66B | €65 | €10 | -€55 | -84.6% |
| Recurring financial charges | 65 | €65 | €10 | -€55 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €3,787 | €1,564 | -€2,223 | -58.7% |
| Income taxes | 67/77 | €1,295 | €522 | -€773 | -59.7% |
| Profit (loss) for the period | 9904 | €2,492 | €1,042 | -€1,450 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,492 | €1,042 | -€1,450 | -58.2% |
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 16 October 2026 via checked.be.