B-2-B 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.
B-2-B Projects
Largest movements
- Stocks and contracts +€108,377
up €108,377 (+4.5%), from €2.4m to €2.5m
of which Contracts in progress: +€108,377
- Other debts +€84,148
up €84,148 (+13.8%), from €608,989 to €693,137
- Trade debts +€29,373
up €29,373 (+9.6%), from €306,988 to €336,361
- Gross operating margin +€8,222
up €8,222 (+11.0%), from €75,077 to €83,299
- Financial charges -€4,652
down €4,652 (-5.3%), from €87,945 to €83,294
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 | €2,436,043 | €2,542,872 | +€106,829 | +4.4% |
| Current assets | 29/58 | €2,436,043 | €2,542,872 | +€106,829 | +4.4% |
| Stocks and contracts in progress | 3 | €2,426,839 | €2,535,216 | +€108,377 | +4.5% |
| Stocks | 30/36 | €1,991,096 | €1,991,096 | = | 0.0% |
| Contracts in progress | 37 | €435,743 | €544,120 | +€108,377 | +24.9% |
| Amounts receivable within one year | 40/41 | €358 | - | -€358 | |
| Other amounts receivable | 41 | €358 | - | -€358 | |
| Cash at bank and in hand | 54/58 | €8,847 | €7,635 | -€1,212 | -13.7% |
| Deferred charges and accrued income | 490/1 | - | €22 | +€22 | |
| Total equity and liabilities | 10/49 | €2,436,043 | €2,542,872 | +€106,829 | +4.4% |
| Equity | 10/15 | -€27,750 | -€29,035 | -€1,284 | -4.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,750 | -€32,035 | -€1,284 | -4.2% |
| Amounts payable | 17/49 | €2,463,793 | €2,571,907 | +€108,113 | +4.4% |
| Amounts payable within one year | 42/48 | €2,444,100 | €2,571,907 | +€127,806 | +5.2% |
| Financial debts | 43 | €1,528,000 | €1,542,409 | +€14,409 | +0.9% |
| Credit institutions | 430/8 | €1,528,000 | €1,542,409 | +€14,409 | +0.9% |
| Trade debts | 44 | €306,988 | €336,361 | +€29,373 | +9.6% |
| Suppliers | 440/4 | €306,988 | €336,361 | +€29,373 | +9.6% |
| Taxes, remuneration and social security | 45 | €124 | - | -€124 | |
| Taxes | 450/3 | €124 | - | -€124 | |
| Other amounts payable | 47/48 | €608,989 | €693,137 | +€84,148 | +13.8% |
| Accrued charges and deferred income | 492/3 | €19,693 | - | -€19,693 | |
| Other operating charges | 640/8 | €1,256 | €1,290 | +€34 | +2.7% |
| Gross operating margin | 9900 | €75,077 | €83,299 | +€8,222 | +11.0% |
| Operating profit (loss) | 9901 | €73,821 | €82,009 | +€8,188 | +11.1% |
| Financial charges | 65/66B | €87,945 | €83,294 | -€4,652 | -5.3% |
| Recurring financial charges | 65 | €87,945 | €83,294 | -€4,652 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,124 | -€1,284 | +€12,840 | +90.9% |
| Profit (loss) for the period | 9904 | -€14,124 | -€1,284 | +€12,840 | +90.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,124 | -€1,284 | +€12,840 | +90.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.