DataProjeX: 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.
What changed
DataProjeX
NACE 43.211, General electrical installation work
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.4m
2024 · €773,797+€630,302
Equity
€1.0m
2024 · €642,410+€404,099
Cash
€2.8m
2024 · €2.6m+€243,222
Balance sheet total
€10.5m
2024 · €20.9m-€10.5m
Largest movements
Assets
- Receivables within one year -€8.5m
down €8.5m (-55.6%), from €15.3m to €6.8m
of which Trade receivables: -€6.4m
- Stocks and contracts -€2.2m
no longer reported in 2025 (was €2.2m)
- Cash +€243,222
up €243,222 (+9.5%), from €2.6m to €2.8m
mainly Receivables within one year (+€8.5m) and Stocks and contracts (+€2.2m)
Equity and liabilities
- Trade debts -€9.7m
down €9.7m (-57.1%), from €17.0m to €7.3m
- Other debts -€858,340
no longer reported in 2025 (was €858,340)
- Advances received -€488,682
down €488,682 (-23.8%), from €2.1m to €1.6m
- Contributions +€487,600
up €487,600 (+3932.3%), from €12,400 to €500,000
- Tax, wage and social debts +€230,900
up €230,900 (+73.9%), from €312,312 to €543,212
of which Taxes: +€225,277
Income statement
- Goods and materials -€11.9m
down €11.9m (-26.2%), from €45.3m to €33.4m
- Turnover -€10.9m
down €10.9m (-21.5%), from €50.8m to €39.9m
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.
Result 2024
€773,797
Turnover
-€10.9m
Other operating income
-€9,112
Goods and materials
+€11.9m
Services and other goods
-€25,527
Staff costs
-€108,104
Depreciation
+€9,533
Other operating charges
-€7,082
Other operating items
-€128,472
Financial income
+€97,904
Financial charges
+€12,146
Taxes
-€152,229
Result 2025
€1.4m
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.
From operations
+€1.3m
Investment
-€94,913
Financing
-€1.0m
Cash 2024
€2.6m
From operations (derived)
+€1.3m
Net result for the year
+€1.4m
Depreciation
+€58,438
Stocks and contracts
+€2.2m
Receivables within one year
+€8.5m
Deferred charges and accrued income
-€454
Trade debts
-€9.7m
Tax, wage and social debts
+€230,900
Advances received
-€488,682
Other debts
-€858,340
Investment (derived)
-€94,913
Investment in fixed assets (net)
-€94,913
Financing
-€1.0m
Debts after one year
-€11,118
Current portion of long-term debt
+€332
Contributions, distributions and other
-€1.0m
Cash 2025
€2.8m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,940,390 | €10,486,913 | -€10.5m | -49.9% |
| Fixed assets | 21/28 | €829,154 | €865,629 | +€36,475 | +4.4% |
| Tangible fixed assets | 22/27 | €814,054 | €862,029 | +€47,975 | +5.9% |
| Land and buildings | 22 | €647,723 | €627,073 | -€20,650 | -3.2% |
| Plant, machinery and equipment | 23 | - | €36,992 | +€36,992 | |
| Furniture and vehicles | 24 | €142,377 | €183,283 | +€40,906 | +28.7% |
| Leasing and similar rights | 25 | €23,954 | €14,681 | -€9,273 | -38.7% |
| Financial fixed assets | 28 | €15,100 | €3,600 | -€11,500 | -76.2% |
| Other financial fixed assets | 284/8 | €15,100 | €3,600 | -€11,500 | -76.2% |
| Amounts receivable and cash guarantees | 285/8 | €15,100 | €3,600 | -€11,500 | -76.2% |
| Current assets | 29/58 | €20,111,236 | €9,621,284 | -€10.5m | -52.2% |
| Stocks and contracts in progress | 3 | €2,218,028 | - | -€2.2m | |
| Contracts in progress | 37 | €2,218,028 | - | -€2.2m | |
| Amounts receivable within one year | 40/41 | €15,324,408 | €6,808,808 | -€8.5m | -55.6% |
| Trade receivables | 40 | €11,460,752 | €5,085,848 | -€6.4m | -55.6% |
| Other amounts receivable | 41 | €3,863,656 | €1,722,960 | -€2.1m | -55.4% |
| Cash at bank and in hand | 54/58 | €2,560,356 | €2,803,578 | +€243,222 | +9.5% |
| Deferred charges and accrued income | 490/1 | €8,444 | €8,898 | +€454 | +5.4% |
| Total equity and liabilities | 10/49 | €20,940,390 | €10,486,913 | -€10.5m | -49.9% |
| Equity | 10/15 | €642,410 | €1,046,509 | +€404,099 | +62.9% |
| Contributions | 10/11 | €12,400 | €500,000 | +€487,600 | +3932.3% |
| Reserves | 13 | €1,860 | €50,000 | +€48,140 | +2588.2% |
| Non-distributable reserves | 130/1 | €1,860 | €50,000 | +€48,140 | +2588.2% |
| Reserves not available under the articles | 1311 | €1,860 | €50,000 | +€48,140 | +2588.2% |
| Profit (loss) carried forward | 14 | €628,150 | €496,509 | -€131,641 | -21.0% |
| Amounts payable | 17/49 | €20,297,980 | €9,440,404 | -€10.9m | -53.5% |
| Amounts payable after more than one year | 17 | €11,118 | - | -€11,118 | |
| Financial debts | 170/4 | €11,118 | - | -€11,118 | |
| Leasing and similar obligations | 172 | €11,118 | - | -€11,118 | |
| Amounts payable within one year | 42/48 | €20,286,862 | €9,440,404 | -€10.8m | -53.5% |
| Current portion of amounts payable after more than one year | 42 | €10,786 | €11,118 | +€332 | +3.1% |
| Trade debts | 44 | €17,047,915 | €7,317,247 | -€9.7m | -57.1% |
| Suppliers | 440/4 | €17,047,915 | €7,317,247 | -€9.7m | -57.1% |
| Advances received on contracts in progress | 46 | €2,057,509 | €1,568,827 | -€488,682 | -23.8% |
| Taxes, remuneration and social security | 45 | €312,312 | €543,212 | +€230,900 | +73.9% |
| Taxes | 450/3 | €188,000 | €413,277 | +€225,277 | +119.8% |
| Remuneration and social security | 454/9 | €124,312 | €129,935 | +€5,623 | +4.5% |
| Other amounts payable | 47/48 | €858,340 | - | -€858,340 | |
| Operating income | 70/76A | €48,779,700 | €37,715,600 | -€11.1m | -22.7% |
| Turnover | 70 | €50,829,188 | €39,902,672 | -€10.9m | -21.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,089,556 | -€2,218,028 | -€128,472 | -6.1% |
| Other operating income | 74 | €40,068 | €30,956 | -€9,112 | -22.7% |
| Operating charges | 60/66A | €47,689,198 | €35,952,617 | -€11.7m | -24.6% |
| Goods for resale, raw materials and consumables | 60 | €45,294,985 | €33,427,224 | -€11.9m | -26.2% |
| Purchases | 600/8 | €45,294,985 | €33,427,224 | -€11.9m | -26.2% |
| Services and other goods | 61 | €1,460,191 | €1,485,718 | +€25,527 | +1.7% |
| Remuneration, social security and pensions | 62 | €862,922 | €971,026 | +€108,104 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,971 | €58,438 | -€9,533 | -14.0% |
| Other operating charges | 640/8 | €3,129 | €10,211 | +€7,082 | +226.3% |
| Operating profit (loss) | 9901 | €1,090,502 | €1,762,983 | +€672,481 | +61.7% |
| Financial income | 75/76B | €30,397 | €128,301 | +€97,904 | +322.1% |
| Recurring financial income | 75 | €30,397 | €128,301 | +€97,904 | +322.1% |
| Income from current assets | 751 | €29,945 | €55,478 | +€25,533 | +85.3% |
| Other financial income | 752/9 | €452 | €72,823 | +€72,371 | +16011.3% |
| Financial charges | 65/66B | €24,054 | €11,908 | -€12,146 | -50.5% |
| Recurring financial charges | 65 | €24,054 | €11,908 | -€12,146 | -50.5% |
| Debt charges | 650 | €6,335 | €7,708 | +€1,373 | +21.7% |
| Other financial charges | 652/9 | €17,719 | €4,200 | -€13,519 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €1,096,845 | €1,879,376 | +€782,531 | +71.3% |
| Income taxes | 67/77 | €323,048 | €475,277 | +€152,229 | +47.1% |
| Taxes | 670/3 | €323,048 | €475,277 | +€152,229 | +47.1% |
| Profit (loss) for the period | 9904 | €773,797 | €1,404,099 | +€630,302 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | €773,797 | €1,404,099 | +€630,302 | +81.5% |
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 9 October 2026 via checked.be.