AJProject: 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.
AJProject
Largest movements
- Receivables within one year -€11,352
down €11,352 (-37.0%), from €30,667 to €19,315
of which Trade receivables: -€11,736
- Profit (loss) carried forward -€7,682
down €7,682 (-23.1%), from €33,209 to €25,528
- Trade debts -€5,558
down €5,558 (-26.0%), from €21,410 to €15,852
- Other debts +€5,076
up €5,076 (+255.7%), from €1,985 to €7,062
- Tax, wage and social debts -€3,892
down €3,892 (-52.9%), from €7,363 to €3,471
- Gross operating margin -€8,865
down €8,865, from €3,140 to -€5,725
- Other operating charges +€925
up €925 (+326.7%), from €283 to €1,208
- Taxes -€804
down €804 (-83.8%), from €960 to €156
- Depreciation -€244
down €244 (-45.5%), from €537 to €293
- Financial charges +€197
up €197 (+193.2%), from €102 to €300
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 | €73,969 | €61,912 | -€12,056 | -16.3% |
| Fixed assets | 21/28 | €38,973 | €38,680 | -€293 | -0.8% |
| Tangible fixed assets | 22/27 | €293 | - | -€293 | |
| Furniture and vehicles | 24 | €293 | - | -€293 | |
| Financial fixed assets | 28 | €38,680 | €38,680 | = | 0.0% |
| Current assets | 29/58 | €34,996 | €23,232 | -€11,763 | -33.6% |
| Stocks and contracts in progress | 3 | €401 | - | -€401 | |
| Stocks | 30/36 | €401 | - | -€401 | |
| Amounts receivable within one year | 40/41 | €30,667 | €19,315 | -€11,352 | -37.0% |
| Trade receivables | 40 | €16,865 | €5,129 | -€11,736 | -69.6% |
| Other amounts receivable | 41 | €13,802 | €14,186 | +€384 | +2.8% |
| Cash at bank and in hand | 54/58 | €3,927 | €3,834 | -€94 | -2.4% |
| Deferred charges and accrued income | 490/1 | - | €83 | +€83 | |
| Total equity and liabilities | 10/49 | €73,969 | €61,912 | -€12,056 | -16.3% |
| Equity | 10/15 | €43,209 | €35,528 | -€7,682 | -17.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,209 | €25,528 | -€7,682 | -23.1% |
| Amounts payable | 17/49 | €30,759 | €26,385 | -€4,374 | -14.2% |
| Amounts payable within one year | 42/48 | €30,759 | €26,385 | -€4,374 | -14.2% |
| Trade debts | 44 | €21,410 | €15,852 | -€5,558 | -26.0% |
| Suppliers | 440/4 | €21,410 | €15,852 | -€5,558 | -26.0% |
| Taxes, remuneration and social security | 45 | €7,363 | €3,471 | -€3,892 | -52.9% |
| Taxes | 450/3 | €7,363 | €3,471 | -€3,892 | -52.9% |
| Other amounts payable | 47/48 | €1,985 | €7,062 | +€5,076 | +255.7% |
| Non-recurring operating income | 76A | - | €40 | +€40 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €293 | -€244 | -45.5% |
| Other operating charges | 640/8 | €283 | €1,208 | +€925 | +326.7% |
| Gross operating margin | 9900 | €3,140 | -€5,725 | -€8,865 | |
| Operating profit (loss) | 9901 | €2,319 | -€7,226 | -€9,546 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €102 | €300 | +€197 | +193.2% |
| Recurring financial charges | 65 | €102 | €300 | +€197 | +193.2% |
| Profit (loss) for the period before taxes | 9903 | €2,217 | -€7,526 | -€9,743 | |
| Income taxes | 67/77 | €960 | €156 | -€804 | -83.8% |
| Profit (loss) for the period | 9904 | €1,257 | -€7,682 | -€8,939 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,257 | -€7,682 | -€8,939 |
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 12 October 2026 via checked.be.