Bert 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.
Bert Projects
Largest movements
- Cash -€18,858
down €18,858 (-99.1%), from €19,029 to €171
mainly Debts after one year (-€20,000) and Net result for the year (-€2,687)
- Debts after one year -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Other debts +€4,901
up €4,901 (+1225.2%), from €400 to €5,301
- Profit (loss) carried forward -€2,687
down €2,687 (-48.8%), from -€5,508 to -€8,196
- Trade debts -€772
down €772 (-92.2%), from €837 to €66
- Accrued charges and deferred income -€300
down €300 (-100.0%), from €300 to €0
- Gross operating margin +€2,448
up €2,448 (+50.9%), from -€4,810 to -€2,361
- Financial charges -€273
down €273 (-65.7%), from €415 to €143
- Other operating charges -€100
down €100 (-35.3%), from €284 to €184
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 | €19,029 | €171 | -€18,858 | -99.1% |
| Current assets | 29/58 | €19,029 | €171 | -€18,858 | -99.1% |
| Cash at bank and in hand | 54/58 | €19,029 | €171 | -€18,858 | -99.1% |
| Total equity and liabilities | 10/49 | €19,029 | €171 | -€18,858 | -99.1% |
| Equity | 10/15 | -€2,508 | -€5,196 | -€2,687 | -107.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,508 | -€8,196 | -€2,687 | -48.8% |
| Amounts payable | 17/49 | €21,537 | €5,366 | -€16,171 | -75.1% |
| Amounts payable after more than one year | 17 | €20,000 | €0 | -€20,000 | -100.0% |
| Financial debts | 170/4 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts payable within one year | 42/48 | €1,237 | €5,366 | +€4,129 | +333.7% |
| Trade debts | 44 | €837 | €66 | -€772 | -92.2% |
| Suppliers | 440/4 | €837 | €66 | -€772 | -92.2% |
| Other amounts payable | 47/48 | €400 | €5,301 | +€4,901 | +1225.2% |
| Accrued charges and deferred income | 492/3 | €300 | €0 | -€300 | -100.0% |
| Other operating charges | 640/8 | €284 | €184 | -€100 | -35.3% |
| Gross operating margin | 9900 | -€4,810 | -€2,361 | +€2,448 | +50.9% |
| Operating profit (loss) | 9901 | -€5,093 | -€2,545 | +€2,549 | +50.0% |
| Financial charges | 65/66B | €415 | €143 | -€273 | -65.7% |
| Recurring financial charges | 65 | €415 | €143 | -€273 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,508 | -€2,687 | +€2,821 | +51.2% |
| Profit (loss) for the period | 9904 | -€5,508 | -€2,687 | +€2,821 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,508 | -€2,687 | +€2,821 | +51.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.