E6 PROJECTS: what changed
Two fiscal 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.
E6 PROJECTS
Largest movements
- Cash -€26,163
down €26,163 (-67.7%), from €38,668 to €12,505
mainly Tax, wage and social debts (-€26,204) and Net result for the year (-€14,485)
- Receivables within one year -€17,892
down €17,892 (-26.3%), from €68,021 to €50,130
of which Other amounts receivable: -€17,892
- Tangible fixed assets -€1,160
down €1,160 (-38.1%), from €3,045 to €1,886
- Tax, wage and social debts -€26,204
no longer reported in 2025 (was €26,204)
- Profit (loss) carried forward -€14,485
down €14,485 (-28.1%), from -€51,459 to -€65,944
- Other debts -€3,463
down €3,463 (-92.5%), from €3,743 to €280
- Gross operating margin +€4,990
up €4,990 (+26.6%), from -€18,764 to -€13,773
- Other operating charges -€1,006
down €1,006 (-84.1%), from €1,197 to €191
- Financial income +€348
up €348 (+86.9%), from €401 to €749
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 | €109,734 | €64,544 | -€45,191 | -41.2% |
| Fixed assets | 21/28 | €3,045 | €1,886 | -€1,160 | -38.1% |
| Tangible fixed assets | 22/27 | €3,045 | €1,886 | -€1,160 | -38.1% |
| Furniture and vehicles | 24 | €3,045 | €1,886 | -€1,160 | -38.1% |
| Current assets | 29/58 | €106,689 | €62,658 | -€44,031 | -41.3% |
| Amounts receivable within one year | 40/41 | €68,021 | €50,130 | -€17,892 | -26.3% |
| Trade receivables | 40 | €16,349 | €16,349 | = | 0.0% |
| Other amounts receivable | 41 | €51,672 | €33,780 | -€17,892 | -34.6% |
| Cash at bank and in hand | 54/58 | €38,668 | €12,505 | -€26,163 | -67.7% |
| Deferred charges and accrued income | 490/1 | - | €24 | +€24 | |
| Total equity and liabilities | 10/49 | €109,734 | €64,544 | -€45,191 | -41.2% |
| Equity | 10/15 | €69,161 | €54,677 | -€14,485 | -20.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €59,120 | €59,120 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €52,970 | €52,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,459 | -€65,944 | -€14,485 | -28.1% |
| Provisions and deferred taxes | 16 | €9,587 | €9,587 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €9,587 | €9,587 | = | 0.0% |
| Major repairs and maintenance | 162 | €9,587 | €9,587 | = | 0.0% |
| Amounts payable | 17/49 | €30,986 | €280 | -€30,706 | -99.1% |
| Amounts payable within one year | 42/48 | €30,986 | €280 | -€30,706 | -99.1% |
| Trade debts | 44 | €1,039 | - | -€1,039 | |
| Suppliers | 440/4 | €1,039 | - | -€1,039 | |
| Taxes, remuneration and social security | 45 | €26,204 | - | -€26,204 | |
| Taxes | 450/3 | €26,204 | - | -€26,204 | |
| Other amounts payable | 47/48 | €3,743 | €280 | -€3,463 | -92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,160 | = | 0.0% |
| Other operating charges | 640/8 | €1,197 | €191 | -€1,006 | -84.1% |
| Non-recurring operating charges | 66A | €869 | - | -€869 | |
| Gross operating margin | 9900 | -€18,764 | -€13,773 | +€4,990 | +26.6% |
| Operating profit (loss) | 9901 | -€21,990 | -€15,124 | +€6,866 | +31.2% |
| Financial income | 75/76B | €401 | €749 | +€348 | +86.9% |
| Recurring financial income | 75 | €401 | €749 | +€348 | +86.9% |
| Financial charges | 65/66B | €195 | €110 | -€86 | -43.8% |
| Recurring financial charges | 65 | €195 | €110 | -€86 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,784 | -€14,485 | +€7,299 | +33.5% |
| Profit (loss) for the period | 9904 | -€21,784 | -€14,485 | +€7,299 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,784 | -€14,485 | +€7,299 | +33.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.