BESPOKE 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.
BESPOKE PROJECTS
Largest movements
- Cash +€78,010
up €78,010 (+1751.6%), from €4,454 to €82,463
mainly Net result for the year (+€105,602) and Depreciation (+€28,921)
- Tangible fixed assets -€20,314
down €20,314 (-9.2%), from €221,612 to €201,298
of which Land and buildings: -€21,439
- Receivables within one year +€9,558
up €9,558 (+138.5%), from €6,903 to €16,461
of which Trade receivables: +€9,588
- Profit (loss) carried forward +€105,602
up €105,602 (+80.5%), from €131,211 to €236,813
- Other debts -€43,707
down €43,707 (-55.8%), from €78,356 to €34,649
- Tax, wage and social debts +€7,380
new in 2025: €7,380
- Gross operating margin +€129,731
up €129,731 (+1108.1%), from €11,708 to €141,438
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 | €237,218 | €304,207 | +€66,989 | +28.2% |
| Fixed assets | 21/28 | €221,612 | €201,298 | -€20,314 | -9.2% |
| Tangible fixed assets | 22/27 | €221,612 | €201,298 | -€20,314 | -9.2% |
| Land and buildings | 22 | €217,068 | €195,629 | -€21,439 | -9.9% |
| Furniture and vehicles | 24 | €4,544 | €5,669 | +€1,125 | +24.8% |
| Current assets | 29/58 | €15,606 | €102,908 | +€87,302 | +559.4% |
| Amounts receivable within one year | 40/41 | €6,903 | €16,461 | +€9,558 | +138.5% |
| Trade receivables | 40 | €3,025 | €12,613 | +€9,588 | +316.9% |
| Other amounts receivable | 41 | €3,878 | €3,848 | -€30 | -0.8% |
| Current investments | 50/53 | €3,957 | €3,957 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,454 | €82,463 | +€78,010 | +1751.6% |
| Deferred charges and accrued income | 490/1 | €293 | €27 | -€265 | -90.6% |
| Total equity and liabilities | 10/49 | €237,218 | €304,207 | +€66,989 | +28.2% |
| Equity | 10/15 | €151,671 | €257,273 | +€105,602 | +69.6% |
| 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 | €131,211 | €236,813 | +€105,602 | +80.5% |
| Amounts payable | 17/49 | €85,547 | €46,934 | -€38,613 | -45.1% |
| Amounts payable within one year | 42/48 | €79,741 | €43,110 | -€36,631 | -45.9% |
| Trade debts | 44 | €1,385 | €1,082 | -€303 | -21.9% |
| Suppliers | 440/4 | €1,385 | €1,082 | -€303 | -21.9% |
| Taxes, remuneration and social security | 45 | - | €7,380 | +€7,380 | |
| Taxes | 450/3 | - | €7,380 | +€7,380 | |
| Other amounts payable | 47/48 | €78,356 | €34,649 | -€43,707 | -55.8% |
| Accrued charges and deferred income | 492/3 | €5,806 | €3,823 | -€1,982 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,186 | €28,921 | -€265 | -0.9% |
| Other operating charges | 640/8 | €2,900 | €2,988 | +€88 | +3.0% |
| Gross operating margin | 9900 | €11,708 | €141,438 | +€129,731 | +1108.1% |
| Operating profit (loss) | 9901 | -€20,378 | €109,529 | +€129,907 | |
| Financial income | 75/76B | €14 | €5 | -€9 | -64.2% |
| Recurring financial income | 75 | €14 | €5 | -€9 | -64.2% |
| Financial charges | 65/66B | €5,340 | €3,932 | -€1,408 | -26.4% |
| Recurring financial charges | 65 | €5,340 | €3,932 | -€1,408 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,704 | €105,602 | +€131,306 | |
| Profit (loss) for the period | 9904 | -€25,704 | €105,602 | +€131,306 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,704 | €105,602 | +€131,306 |
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 12 October 2026 via checked.be.