Control 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.
Control Projects
Largest movements
- Stocks and contracts -€219,314
down €219,314 (-60.6%), from €361,651 to €142,337
of which Contracts in progress: -€214,775
- Receivables within one year +€207,322
up €207,322 (+25.4%), from €816,284 to €1.0m
of which Other amounts receivable: +€187,563
- Other debts -€105,572
down €105,572 (-16.6%), from €634,459 to €528,887
- Trade debts +€74,504
up €74,504 (+1,013%), from €7,354 to €81,857
of which Suppliers: +€78,175
- Financial charges +€10,006
up €10,006 (+7,648%), from €131 to €10,137
- Other operating charges +€4,423
up €4,423 (+759%), from €583 to €5,005
- Gross operating margin +€1,782
up €1,782 (+7.0%), from €25,489 to €27,271
- Depreciation -€1,332
down €1,332 (-53.3%), from €2,498 to €1,166
- Taxes +€1,283
up €1,283 (+98.4%), from €1,304 to €2,587
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 | €1,393,956 | €1,374,971 | -€18,986 | -1.4% |
| Fixed assets | 21/28 | €208,066 | €207,956 | -€110 | -0.1% |
| Tangible fixed assets | 22/27 | €6,865 | €6,755 | -€110 | -1.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100% |
| Furniture and vehicles | 24 | €3,926 | €3,817 | -€110 | -2.8% |
| Other tangible fixed assets | 26 | €2,938 | €2,938 | = | 0.0% |
| Financial fixed assets | 28 | €201,201 | €201,201 | = | 0.0% |
| Current assets | 29/58 | €1,185,890 | €1,167,014 | -€18,876 | -1.6% |
| Stocks and contracts in progress | 3 | €361,651 | €142,337 | -€219,314 | -60.6% |
| Stocks | 30/36 | €146,876 | €142,337 | -€4,538 | -3.1% |
| Contracts in progress | 37 | €214,775 | €0 | -€214,775 | -100% |
| Amounts receivable within one year | 40/41 | €816,284 | €1,023,606 | +€207,322 | +25.4% |
| Trade receivables | 40 | €7,045 | €26,804 | +€19,759 | +280% |
| Other amounts receivable | 41 | €809,239 | €996,803 | +€187,563 | +23.2% |
| Cash at bank and in hand | 54/58 | €7,183 | €84 | -€7,099 | -98.8% |
| Deferred charges and accrued income | 490/1 | €772 | €986 | +€214 | +27.7% |
| Total equity and liabilities | 10/49 | €1,393,956 | €1,374,971 | -€18,986 | -1.4% |
| Equity | 10/15 | €100,857 | €109,281 | +€8,424 | +8.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €50,857 | €59,281 | +€8,424 | +16.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €50,857 | €59,281 | +€8,424 | +16.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,293,099 | €1,265,689 | -€27,410 | -2.1% |
| Amounts payable after more than one year | 17 | €650,000 | €650,000 | = | 0.0% |
| Financial debts | 170/4 | €650,000 | €650,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €643,099 | €615,689 | -€27,410 | -4.3% |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €7,354 | €81,857 | +€74,504 | +1,013% |
| Suppliers | 440/4 | €3,683 | €81,857 | +€78,175 | +2,123% |
| Bills of exchange payable | 441 | €3,671 | €0 | -€3,671 | -100% |
| Taxes, remuneration and social security | 45 | €1,286 | €4,923 | +€3,637 | +283% |
| Taxes | 450/3 | €1,286 | €4,923 | +€3,637 | +283% |
| Other amounts payable | 47/48 | €634,459 | €528,887 | -€105,572 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,498 | €1,166 | -€1,332 | -53.3% |
| Other operating charges | 640/8 | €583 | €5,005 | +€4,423 | +759% |
| Gross operating margin | 9900 | €25,489 | €27,271 | +€1,782 | +7.0% |
| Operating profit (loss) | 9901 | €22,409 | €21,100 | -€1,309 | -5.8% |
| Financial income | 75/76B | €138 | €47 | -€90 | -65.5% |
| Recurring financial income | 75 | €138 | €47 | -€90 | -65.5% |
| Financial charges | 65/66B | €131 | €10,137 | +€10,006 | +7,648% |
| Recurring financial charges | 65 | €131 | €10,137 | +€10,006 | +7,648% |
| Profit (loss) for the period before taxes | 9903 | €22,416 | €11,011 | -€11,405 | -50.9% |
| Income taxes | 67/77 | €1,304 | €2,587 | +€1,283 | +98.4% |
| Profit (loss) for the period | 9904 | €21,112 | €8,424 | -€12,688 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,112 | €8,424 | -€12,688 | -60.1% |
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 14 October 2026 via checked.be.