ALL-IN 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.
ALL-IN PROJECTS
Largest movements
- Receivables within one year +€16,759
up €16,759 (+271.7%), from €6,168 to €22,927
of which Trade receivables: +€16,485
- Tangible fixed assets -€4,047
down €4,047 (-94.5%), from €4,281 to €234
of which Furniture and vehicles: -€3,696
- Cash +€1,804
new in 2025: €1,804
mainly Trade debts (+€11,691) and Net result for the year (+€8,905)
- Trade debts +€11,691
up €11,691 (+448.5%), from €2,607 to €14,298
- Profit (loss) carried forward +€8,905
up €8,905 (+15.5%), from -€57,442 to -€48,537
- Other debts -€3,552
down €3,552 (-7.7%), from €45,969 to €42,417
- Short-term financial debts -€2,492
down €2,492 (-100.0%), from €2,492 to €0
- Gross operating margin +€18,510
up €18,510, from -€5,138 to €13,372
- Depreciation -€4,550
down €4,550 (-52.9%), from €8,597 to €4,047
- Financial income +€167
new in 2025: €167
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 | €18,016 | €32,544 | +€14,528 | +80.6% |
| Fixed assets | 21/28 | €4,281 | €234 | -€4,047 | -94.5% |
| Tangible fixed assets | 22/27 | €4,281 | €234 | -€4,047 | -94.5% |
| Land and buildings | 22 | €351 | €0 | -€351 | -100.0% |
| Furniture and vehicles | 24 | €3,930 | €234 | -€3,696 | -94.0% |
| Current assets | 29/58 | €13,735 | €32,310 | +€18,575 | +135.2% |
| Stocks and contracts in progress | 3 | €7,326 | €7,326 | = | 0.0% |
| Stocks | 30/36 | €7,326 | €7,326 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,168 | €22,927 | +€16,759 | +271.7% |
| Trade receivables | 40 | €5,087 | €21,572 | +€16,485 | +324.1% |
| Other amounts receivable | 41 | €1,081 | €1,356 | +€274 | +25.4% |
| Cash at bank and in hand | 54/58 | - | €1,804 | +€1,804 | |
| Deferred charges and accrued income | 490/1 | €242 | €253 | +€11 | +4.6% |
| Total equity and liabilities | 10/49 | €18,016 | €32,544 | +€14,528 | +80.6% |
| Equity | 10/15 | -€36,982 | -€28,077 | +€8,905 | +24.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,442 | -€48,537 | +€8,905 | +15.5% |
| Amounts payable | 17/49 | €54,999 | €60,621 | +€5,623 | +10.2% |
| Amounts payable within one year | 42/48 | €54,999 | €60,621 | +€5,623 | +10.2% |
| Financial debts | 43 | €2,492 | €0 | -€2,492 | -100.0% |
| Credit institutions | 430/8 | €2,492 | €0 | -€2,492 | -100.0% |
| Trade debts | 44 | €2,607 | €14,298 | +€11,691 | +448.5% |
| Suppliers | 440/4 | €2,607 | €14,298 | +€11,691 | +448.5% |
| Advances received on contracts in progress | 46 | €3,873 | €3,821 | -€53 | -1.4% |
| Taxes, remuneration and social security | 45 | €58 | €85 | +€28 | +47.5% |
| Taxes | 450/3 | €58 | €85 | +€28 | +47.5% |
| Other amounts payable | 47/48 | €45,969 | €42,417 | -€3,552 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,597 | €4,047 | -€4,550 | -52.9% |
| Other operating charges | 640/8 | €451 | €330 | -€121 | -26.9% |
| Gross operating margin | 9900 | -€5,138 | €13,372 | +€18,510 | |
| Operating profit (loss) | 9901 | -€14,186 | €8,995 | +€23,181 | |
| Financial income | 75/76B | - | €167 | +€167 | |
| Recurring financial income | 75 | - | €167 | +€167 | |
| Financial charges | 65/66B | €208 | €256 | +€49 | +23.4% |
| Recurring financial charges | 65 | €208 | €256 | +€49 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | -€14,394 | €8,905 | +€23,299 | |
| Profit (loss) for the period | 9904 | -€14,394 | €8,905 | +€23,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,394 | €8,905 | +€23,299 |
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 10 October 2026 via checked.be.