A & T Projects: 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 & T Projects
Largest movements
- Receivables within one year -€74,453
down €74,453 (-80.1%), from €92,940 to €18,486
of which Trade receivables: -€47,846
- Cash +€17,072
up €17,072 (+56.8%), from €30,058 to €47,130
mainly Receivables within one year (+€74,453) and Other debts (+€14,509)
- Tangible fixed assets +€3,468
up €3,468 (+16.0%), from €21,692 to €25,161
of which Furniture and vehicles: +€6,324
- Trade debts -€70,725
down €70,725 (-81.7%), from €86,561 to €15,836
- Other debts +€14,509
up €14,509 (+855%), from €1,697 to €16,206
- Tax, wage and social debts +€4,017
up €4,017 (+155%), from €2,590 to €6,607
- Profit (loss) carried forward -€2,166
down €2,166 (-24.7%), from -€8,781 to -€10,947
- Taxes +€32,488
up €32,488 (+1,072%), from €3,031 to €35,519
- Gross operating margin +€24,520
up €24,520 (+63.4%), from €38,697 to €63,217
- Depreciation +€4,969
up €4,969 (+256%), from €1,937 to €6,907
- Financial charges +€4,039
up €4,039 (+27.1%), from €14,926 to €18,965
- Other operating charges -€1,379
down €1,379 (-25.7%), from €5,370 to €3,991
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,391 | €94,026 | -€54,364 | -36.6% |
| Fixed assets | 21/28 | €21,692 | €25,161 | +€3,468 | +16.0% |
| Tangible fixed assets | 22/27 | €21,692 | €25,161 | +€3,468 | +16.0% |
| Plant, machinery and equipment | 23 | €11,069 | €8,214 | -€2,856 | -25.8% |
| Furniture and vehicles | 24 | €10,623 | €16,947 | +€6,324 | +59.5% |
| Current assets | 29/58 | €126,698 | €68,866 | -€57,833 | -45.6% |
| Amounts receivable within one year | 40/41 | €92,940 | €18,486 | -€74,453 | -80.1% |
| Trade receivables | 40 | €63,838 | €15,992 | -€47,846 | -74.9% |
| Other amounts receivable | 41 | €29,102 | €2,494 | -€26,607 | -91.4% |
| Cash at bank and in hand | 54/58 | €30,058 | €47,130 | +€17,072 | +56.8% |
| Deferred charges and accrued income | 490/1 | €3,701 | €3,249 | -€451 | -12.2% |
| Total equity and liabilities | 10/49 | €148,391 | €94,026 | -€54,364 | -36.6% |
| Equity | 10/15 | €27,439 | €25,273 | -€2,166 | -7.9% |
| Contributions | 10/11 | €11,651 | €11,651 | = | 0.0% |
| Reserves | 13 | €24,569 | €24,569 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,452 | €17,452 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,452 | €17,452 | = | 0.0% |
| Distributable reserves | 133 | €7,118 | €7,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,781 | -€10,947 | -€2,166 | -24.7% |
| Amounts payable | 17/49 | €120,952 | €68,753 | -€52,199 | -43.2% |
| Amounts payable within one year | 42/48 | €120,952 | €68,753 | -€52,199 | -43.2% |
| Trade debts | 44 | €86,561 | €15,836 | -€70,725 | -81.7% |
| Suppliers | 440/4 | €86,561 | €15,836 | -€70,725 | -81.7% |
| Advances received on contracts in progress | 46 | €30,104 | €30,104 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,590 | €6,607 | +€4,017 | +155% |
| Taxes | 450/3 | €2,590 | €6,607 | +€4,017 | +155% |
| Other amounts payable | 47/48 | €1,697 | €16,206 | +€14,509 | +855% |
| Non-recurring operating income | 76A | - | €3,306 | +€3,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,937 | €6,907 | +€4,969 | +256% |
| Other operating charges | 640/8 | €5,370 | €3,991 | -€1,379 | -25.7% |
| Gross operating margin | 9900 | €38,697 | €63,217 | +€24,520 | +63.4% |
| Operating profit (loss) | 9901 | €31,389 | €52,319 | +€20,929 | +66.7% |
| Financial income | 75/76B | €968 | €0 | -€968 | -100% |
| Recurring financial income | 75 | €968 | €0 | -€968 | -100% |
| Financial charges | 65/66B | €14,926 | €18,965 | +€4,039 | +27.1% |
| Recurring financial charges | 65 | €14,926 | €18,965 | +€4,039 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €17,431 | €33,354 | +€15,923 | +91.3% |
| Income taxes | 67/77 | €3,031 | €35,519 | +€32,488 | +1,072% |
| Profit (loss) for the period | 9904 | €14,399 | -€2,166 | -€16,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,399 | -€2,166 | -€16,565 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.