AWB-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.
AWB-Projects
Largest movements
- Tangible fixed assets -€701
no longer reported in 2025 (was €701)
- Deferred charges and accrued income -€427
no longer reported in 2025 (was €427)
- Intangible fixed assets -€260
no longer reported in 2025 (was €260)
- Cash -€238
down €238 (-97.1%), from €245 to €7
mainly Net result for the year (-€7,539) and Current portion of long-term debt (-€5,513)
- Other debts +€14,595
up €14,595 (+111.8%), from €13,057 to €27,651
- Profit (loss) carried forward -€7,539
down €7,539 (-23.8%), from -€31,714 to -€39,253
- Current portion of long-term debt -€5,513
down €5,513 (-66.1%), from €8,341 to €2,827
- Debts after one year -€2,827
no longer reported in 2025 (was €2,827)
- Trade debts -€270
no longer reported in 2025 (was €270)
- Other operating charges -€950
down €950 (-74.7%), from €1,272 to €322
- Gross operating margin -€781
down €781 (-15.7%), from -€4,984 to -€5,764
- Financial charges +€436
new in 2025: €436
- Financial income -€377
down €377 (-95.8%), from €393 to €17
- Depreciation +€227
up €227 (+31.0%), from €734 to €961
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 | €2,959 | €1,333 | -€1,626 | -54.9% |
| Fixed assets | 21/28 | €1,711 | €750 | -€961 | -56.2% |
| Intangible fixed assets | 21 | €260 | - | -€260 | |
| Tangible fixed assets | 22/27 | €701 | - | -€701 | |
| Plant, machinery and equipment | 23 | €701 | - | -€701 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €1,248 | €583 | -€665 | -53.3% |
| Amounts receivable within one year | 40/41 | €576 | €576 | = | 0.0% |
| Other amounts receivable | 41 | €576 | €576 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €245 | €7 | -€238 | -97.1% |
| Deferred charges and accrued income | 490/1 | €427 | - | -€427 | |
| Total equity and liabilities | 10/49 | €2,959 | €1,333 | -€1,626 | -54.9% |
| Equity | 10/15 | -€21,714 | -€29,253 | -€7,539 | -34.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,714 | -€39,253 | -€7,539 | -23.8% |
| Amounts payable | 17/49 | €24,672 | €30,586 | +€5,914 | +24.0% |
| Amounts payable after more than one year | 17 | €2,827 | - | -€2,827 | |
| Financial debts | 170/4 | €2,827 | - | -€2,827 | |
| Amounts payable within one year | 42/48 | €21,845 | €30,586 | +€8,741 | +40.0% |
| Current portion of amounts payable after more than one year | 42 | €8,341 | €2,827 | -€5,513 | -66.1% |
| Trade debts | 44 | €270 | - | -€270 | |
| Suppliers | 440/4 | €270 | - | -€270 | |
| Taxes, remuneration and social security | 45 | €178 | €107 | -€70 | -39.6% |
| Taxes | 450/3 | €178 | €107 | -€70 | -39.6% |
| Other amounts payable | 47/48 | €13,057 | €27,651 | +€14,595 | +111.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €961 | +€227 | +31.0% |
| Other operating charges | 640/8 | €1,272 | €322 | -€950 | -74.7% |
| Gross operating margin | 9900 | -€4,984 | -€5,764 | -€781 | -15.7% |
| Operating profit (loss) | 9901 | -€6,990 | -€7,048 | -€58 | -0.8% |
| Financial income | 75/76B | €393 | €17 | -€377 | -95.8% |
| Recurring financial income | 75 | €393 | €17 | -€377 | -95.8% |
| Financial charges | 65/66B | - | €436 | +€436 | |
| Recurring financial charges | 65 | - | €436 | +€436 | |
| Profit (loss) for the period before taxes | 9903 | -€6,596 | -€7,467 | -€871 | -13.2% |
| Income taxes | 67/77 | €18 | €72 | +€54 | +293.9% |
| Profit (loss) for the period | 9904 | -€6,615 | -€7,539 | -€925 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,615 | -€7,539 | -€925 | -14.0% |
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 7 October 2026 via checked.be.