Animal 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.
Animal Projects
Largest movements
- Receivables within one year +€25,399
up €25,399 (+46.4%), from €54,764 to €80,162
of which Trade receivables: +€20,865
- Cash +€21,483
up €21,483 (+3.1%), from €701,955 to €723,438
mainly Net result for the year (+€341,660) and Depreciation (+€8,125)
- Intangible fixed assets +€13,055
up €13,055 (+80.3%), from €16,261 to €29,317
- Profit (loss) carried forward +€337,956
up €337,956 (+439%), from €76,937 to €414,893
- Reserves -€165,000
down €165,000 (-32.3%), from €510,600 to €345,600
of which Distributable reserves: -€165,000
- Tax, wage and social debts -€57,242
down €57,242 (-58.0%), from €98,675 to €41,433
of which Taxes: -€63,167
- Other debts -€50,405
down €50,405 (-98.9%), from €50,970 to €565
- Gross operating margin -€56,242
down €56,242 (-8.1%), from €691,579 to €635,338
- Taxes -€39,520
down €39,520 (-25.1%), from €157,184 to €117,664
- Staff costs +€36,419
up €36,419 (+27.9%), from €130,651 to €167,070
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 | €790,528 | €849,036 | +€58,508 | +7.4% |
| Fixed assets | 21/28 | €24,283 | €35,257 | +€10,974 | +45.2% |
| Intangible fixed assets | 21 | €16,261 | €29,317 | +€13,055 | +80.3% |
| Tangible fixed assets | 22/27 | €6,672 | €4,566 | -€2,106 | -31.6% |
| Furniture and vehicles | 24 | €3,423 | €1,700 | -€1,724 | -50.4% |
| Other tangible fixed assets | 26 | €3,248 | €2,866 | -€382 | -11.8% |
| Financial fixed assets | 28 | €1,350 | €1,375 | +€25 | +1.9% |
| Current assets | 29/58 | €766,245 | €813,779 | +€47,534 | +6.2% |
| Amounts receivable within one year | 40/41 | €54,764 | €80,162 | +€25,399 | +46.4% |
| Trade receivables | 40 | €26,868 | €47,732 | +€20,865 | +77.7% |
| Other amounts receivable | 41 | €27,896 | €32,430 | +€4,534 | +16.3% |
| Cash at bank and in hand | 54/58 | €701,955 | €723,438 | +€21,483 | +3.1% |
| Deferred charges and accrued income | 490/1 | €9,526 | €10,178 | +€652 | +6.8% |
| Total equity and liabilities | 10/49 | €790,528 | €849,036 | +€58,508 | +7.4% |
| Equity | 10/15 | €593,537 | €766,493 | +€172,956 | +29.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €510,600 | €345,600 | -€165,000 | -32.3% |
| Non-distributable reserves | 130/1 | €600 | €600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €600 | €600 | = | 0.0% |
| Distributable reserves | 133 | €510,000 | €345,000 | -€165,000 | -32.4% |
| Profit (loss) carried forward | 14 | €76,937 | €414,893 | +€337,956 | +439% |
| Amounts payable | 17/49 | €196,991 | €82,544 | -€114,448 | -58.1% |
| Amounts payable within one year | 42/48 | €196,991 | €82,544 | -€114,448 | -58.1% |
| Trade debts | 44 | €47,347 | €40,545 | -€6,801 | -14.4% |
| Suppliers | 440/4 | €47,347 | €40,545 | -€6,801 | -14.4% |
| Taxes, remuneration and social security | 45 | €98,675 | €41,433 | -€57,242 | -58.0% |
| Taxes | 450/3 | €84,458 | €21,291 | -€63,167 | -74.8% |
| Remuneration and social security | 454/9 | €14,217 | €20,142 | +€5,925 | +41.7% |
| Other amounts payable | 47/48 | €50,970 | €565 | -€50,405 | -98.9% |
| Remuneration, social security and pensions | 62 | €130,651 | €167,070 | +€36,419 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,693 | €8,125 | +€2,432 | +42.7% |
| Other operating charges | 640/8 | €3,934 | €1,117 | -€2,817 | -71.6% |
| Gross operating margin | 9900 | €691,579 | €635,338 | -€56,242 | -8.1% |
| Operating profit (loss) | 9901 | €551,301 | €459,026 | -€92,275 | -16.7% |
| Financial income | 75/76B | €5,718 | €3,497 | -€2,221 | -38.8% |
| Recurring financial income | 75 | €5,718 | €3,497 | -€2,221 | -38.8% |
| Financial charges | 65/66B | €4,109 | €3,199 | -€910 | -22.1% |
| Recurring financial charges | 65 | €4,109 | €3,199 | -€910 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €552,910 | €459,323 | -€93,587 | -16.9% |
| Income taxes | 67/77 | €157,184 | €117,664 | -€39,520 | -25.1% |
| Profit (loss) for the period | 9904 | €395,726 | €341,660 | -€54,067 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €395,726 | €341,660 | -€54,067 | -13.7% |
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.