DBP 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.
DBP PROJECTS
Largest movements
- Receivables within one year +€32,236
up €32,236 (+33.0%), from €97,680 to €129,916
- Cash -€6,307
down €6,307 (-51.3%), from €12,302 to €5,995
mainly Receivables within one year (-€32,236) and Net result for the year (-€6,521)
- Debts within one year +€32,291
up €32,291 (+37.5%), from €86,101 to €118,392
- Reserves -€4,500
down €4,500 (-69.2%), from €6,500 to €2,000
- Profit (loss) carried forward -€2,021
down €2,021, from €385 to -€1,636
- Gross operating margin -€19,296
down €19,296 (-27.7%), from €69,749 to €50,453
- Taxes -€3,871
no longer reported in 2018 (was €3,871)
From the 2017 result to the 2018 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 2017 and 2018 balance sheets and the 2018 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2017 | 2018 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,986 | €138,756 | +€25,770 | +22.8% |
| Fixed assets | 21/28 | €3,004 | €2,845 | -€159 | -5.3% |
| Tangible fixed assets | 22/27 | €3,004 | €2,845 | -€159 | -5.3% |
| Current assets | 29/58 | €109,982 | €135,911 | +€25,929 | +23.6% |
| Amounts receivable within one year | 40/41 | €97,680 | €129,916 | +€32,236 | +33.0% |
| Cash at bank and in hand | 54/58 | €12,302 | €5,995 | -€6,307 | -51.3% |
| Total equity and liabilities | 10/49 | €112,986 | €138,756 | +€25,770 | +22.8% |
| Equity | 10/15 | €26,885 | €20,364 | -€6,521 | -24.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €2,000 | -€4,500 | -69.2% |
| Profit (loss) carried forward | 14 | €385 | -€1,636 | -€2,021 | |
| Amounts payable | 17/49 | €86,101 | €118,392 | +€32,291 | +37.5% |
| Amounts payable within one year | 42/48 | €86,101 | €118,392 | +€32,291 | +37.5% |
| Trade debts | 44 | €78,189 | €113,373 | +€35,184 | +45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,366 | €1,483 | +€117 | +8.6% |
| Gross operating margin | 9900 | €69,749 | €50,453 | -€19,296 | -27.7% |
| Operating profit (loss) | 9901 | €13,295 | -€6,597 | -€19,892 | |
| Recurring financial income | 75 | €111 | €138 | +€27 | +24.3% |
| Recurring financial charges | 65 | €27 | €62 | +€35 | +130% |
| Profit (loss) for the period before taxes | 9903 | €13,379 | -€6,521 | -€19,900 | |
| Income taxes | 67/77 | €3,871 | - | -€3,871 | |
| Profit (loss) for the period | 9904 | €6,885 | -€6,521 | -€13,406 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,885 | -€6,521 | -€13,406 |
Source: filed annual accounts (NBB), financial years ended 30 June 2017 and 30 June 2018. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.