A.R. 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.
A.R. Projects
Largest movements
- Receivables within one year +€5,063
up €5,063, from €0 to €5,063
of which Other amounts receivable: +€3,341
- Profit (loss) carried forward +€3,200
up €3,200, from -€1,019 to €2,180
- Trade debts +€1,831
up €1,831 (+26265.6%), from €7 to €1,838
- Tax, wage and social debts +€545
new in 2025: €545
- Other debts -€500
no longer reported in 2025 (was €500)
- Gross operating margin +€4,909
up €4,909, from -€241 to €4,668
- Taxes +€545
new in 2025: €545
- Other operating charges +€117
up €117 (+15.3%), from €765 to €883
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 | €0 | €5,063 | +€5,063 | |
| Current assets | 29/58 | €0 | €5,063 | +€5,063 | |
| Amounts receivable within one year | 40/41 | €0 | €5,063 | +€5,063 | |
| Trade receivables | 40 | €0 | €1,722 | +€1,722 | |
| Other amounts receivable | 41 | - | €3,341 | +€3,341 | |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €0 | €5,063 | +€5,063 | |
| Equity | 10/15 | -€519 | €2,680 | +€3,200 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,019 | €2,180 | +€3,200 | |
| Amounts payable | 17/49 | €519 | €2,383 | +€1,863 | +358.8% |
| Amounts payable within one year | 42/48 | €507 | €2,383 | +€1,876 | +370.0% |
| Trade debts | 44 | €7 | €1,838 | +€1,831 | +26265.6% |
| Suppliers | 440/4 | €7 | €1,838 | +€1,831 | +26265.6% |
| Taxes, remuneration and social security | 45 | - | €545 | +€545 | |
| Taxes | 450/3 | - | €545 | +€545 | |
| Other amounts payable | 47/48 | €500 | - | -€500 | |
| Accrued charges and deferred income | 492/3 | €12 | - | -€12 | |
| Other operating charges | 640/8 | €765 | €883 | +€117 | +15.3% |
| Gross operating margin | 9900 | -€241 | €4,668 | +€4,909 | |
| Operating profit (loss) | 9901 | -€1,006 | €3,785 | +€4,791 | |
| Financial charges | 65/66B | €13 | €40 | +€27 | +209.4% |
| Recurring financial charges | 65 | €13 | €40 | +€27 | +209.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,019 | €3,745 | +€4,764 | |
| Income taxes | 67/77 | - | €545 | +€545 | |
| Profit (loss) for the period | 9904 | -€1,019 | €3,200 | +€4,219 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,019 | €3,200 | +€4,219 |
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 2 October 2026 via checked.be.