C&E 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.
C&E Projects
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€5,250
no longer reported in 2025 (was €5,250)
- Gross operating margin +€786
up €786 (+27.1%), from -€2,902 to -€2,115
- Taxes -€218
no longer reported in 2025 (was €218)
- Other operating charges -€62
no longer reported in 2025 (was €62)
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 | €251,492 | €249,175 | -€2,318 | -0.9% |
| Current assets | 29/58 | €251,492 | €249,175 | -€2,318 | -0.9% |
| Stocks and contracts in progress | 3 | €70,294 | €70,294 | = | 0.0% |
| Stocks | 30/36 | €70,294 | €70,294 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €175,448 | €175,448 | = | 0.0% |
| Other amounts receivable | 41 | €175,448 | €175,448 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,751 | €3,433 | -€2,318 | -40.3% |
| Total equity and liabilities | 10/49 | €251,492 | €249,175 | -€2,318 | -0.9% |
| Equity | 10/15 | €73,274 | €71,101 | -€2,173 | -3.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,274 | €69,101 | -€2,173 | -3.0% |
| Distributable reserves | 133 | €71,274 | €69,101 | -€2,173 | -3.0% |
| Amounts payable | 17/49 | €178,218 | €178,073 | -€145 | -0.1% |
| Amounts payable after more than one year | 17 | €178,000 | €178,000 | = | 0.0% |
| Other amounts payable | 178/9 | €178,000 | €178,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €218 | €73 | -€145 | -66.4% |
| Taxes, remuneration and social security | 45 | €218 | - | -€218 | |
| Taxes | 450/3 | €218 | - | -€218 | |
| Other amounts payable | 47/48 | - | €73 | +€73 | |
| Other operating charges | 640/8 | €62 | - | -€62 | |
| Gross operating margin | 9900 | -€2,902 | -€2,115 | +€786 | +27.1% |
| Operating profit (loss) | 9901 | -€2,964 | -€2,115 | +€848 | +28.6% |
| Financial income | 75/76B | €5,250 | - | -€5,250 | |
| Recurring financial income | 75 | €5,250 | - | -€5,250 | |
| Financial charges | 65/66B | €61 | €58 | -€4 | -5.7% |
| Recurring financial charges | 65 | €61 | €58 | -€4 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €2,225 | -€2,173 | -€4,398 | |
| Income taxes | 67/77 | €218 | - | -€218 | |
| Profit (loss) for the period | 9904 | €2,007 | -€2,173 | -€4,180 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,007 | -€2,173 | -€4,180 |
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.