D.A. 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.
D.A. PROJECTS
Largest movements
- Receivables within one year -€18,238
down €18,238 (-44.6%), from €40,925 to €22,687
of which Other amounts receivable: -€18,238
- Advances received -€43,414
no longer reported in 2025 (was €43,414)
- Debts after one year -€28,852
down €28,852 (-20.2%), from €142,568 to €113,716
- Profit (loss) carried forward +€26,238
up €26,238 (+44.0%), from €59,592 to €85,831
- Tax, wage and social debts +€17,574
up €17,574 (+114.5%), from €15,353 to €32,927
- Trade debts +€10,305
up €10,305 (+195.1%), from €5,281 to €15,586
- Other operating charges -€3,477
down €3,477 (-78.9%), from €4,407 to €930
- Gross operating margin +€2,585
up €2,585 (+6.7%), from €38,537 to €41,122
- Financial income -€1,337
no longer reported in 2025 (was €1,337)
- Financial charges -€762
down €762 (-30.4%), from €2,505 to €1,742
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 | €297,214 | €279,412 | -€17,802 | -6.0% |
| Fixed assets | 21/28 | €252,622 | €251,826 | -€797 | -0.3% |
| Tangible fixed assets | 22/27 | €2,622 | €1,826 | -€797 | -30.4% |
| Plant, machinery and equipment | 23 | €2,622 | €1,826 | -€797 | -30.4% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €44,592 | €27,586 | -€17,005 | -38.1% |
| Amounts receivable within one year | 40/41 | €40,925 | €22,687 | -€18,238 | -44.6% |
| Trade receivables | 40 | €4,656 | €4,656 | = | 0.0% |
| Other amounts receivable | 41 | €36,270 | €18,032 | -€18,238 | -50.3% |
| Cash at bank and in hand | 54/58 | €3,667 | €4,899 | +€1,232 | +33.6% |
| Total equity and liabilities | 10/49 | €297,214 | €279,412 | -€17,802 | -6.0% |
| Equity | 10/15 | €62,092 | €88,331 | +€26,238 | +42.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,592 | €85,831 | +€26,238 | +44.0% |
| Amounts payable | 17/49 | €235,122 | €191,081 | -€44,040 | -18.7% |
| Amounts payable after more than one year | 17 | €142,568 | €113,716 | -€28,852 | -20.2% |
| Financial debts | 170/4 | €142,568 | €113,716 | -€28,852 | -20.2% |
| Amounts payable within one year | 42/48 | €92,554 | €77,366 | -€15,189 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €28,506 | €28,852 | +€345 | +1.2% |
| Trade debts | 44 | €5,281 | €15,586 | +€10,305 | +195.1% |
| Suppliers | 440/4 | €5,281 | €15,586 | +€10,305 | +195.1% |
| Advances received on contracts in progress | 46 | €43,414 | - | -€43,414 | |
| Taxes, remuneration and social security | 45 | €15,353 | €32,927 | +€17,574 | +114.5% |
| Taxes | 450/3 | €15,353 | €32,927 | +€17,574 | +114.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €797 | €797 | = | 0.0% |
| Other operating charges | 640/8 | €4,407 | €930 | -€3,477 | -78.9% |
| Gross operating margin | 9900 | €38,537 | €41,122 | +€2,585 | +6.7% |
| Operating profit (loss) | 9901 | €33,333 | €39,395 | +€6,062 | +18.2% |
| Financial income | 75/76B | €1,337 | - | -€1,337 | |
| Recurring financial income | 75 | €1,337 | - | -€1,337 | |
| Financial charges | 65/66B | €2,505 | €1,742 | -€762 | -30.4% |
| Recurring financial charges | 65 | €2,505 | €1,742 | -€762 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €32,165 | €37,653 | +€5,487 | +17.1% |
| Income taxes | 67/77 | €11,593 | €11,414 | -€178 | -1.5% |
| Profit (loss) for the period | 9904 | €20,573 | €26,238 | +€5,666 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,573 | €26,238 | +€5,666 | +27.5% |
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 12 October 2026 via checked.be.