FAR EAST 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.
FAR EAST PROJECTS
Largest movements
- Receivables within one year +€119,427
up €119,427 (+206%), from €58,045 to €177,473
of which Trade receivables: +€75,600
- Cash -€59,823
down €59,823 (-91.9%), from €65,118 to €5,295
mainly Receivables within one year (-€119,427) and Tax, wage and social debts (-€3,281)
- Trade debts +€54,385
up €54,385 (+99.2%), from €54,813 to €109,198
- Profit (loss) carried forward +€8,501
up €8,501 (+15.2%), from €55,758 to €64,259
- Tax, wage and social debts -€3,281
down €3,281 (-100%), from €3,281 to €0
- Services and other goods -€83,295
no longer reported in 2025 (was €83,295)
- Turnover -€67,200
no longer reported in 2025 (was €67,200)
- Gross operating margin +€10,041
new in 2025: €10,041
- Taxes -€5,167
down €5,167 (-100%), from €5,167 to €0
- Financial charges -€732
down €732 (-71.5%), from €1,023 to €292
From the 31-07-2025 result to the 31-12-2025 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 31-07-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-07-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,852 | €206,456 | +€59,604 | +40.6% |
| Fixed assets | 21/28 | €23,689 | €23,689 | = | 0.0% |
| Financial fixed assets | 28 | €23,689 | €23,689 | = | 0.0% |
| Affiliated companies | 280/1 | €23,689 | - | -€23,689 | |
| Participating interests | 280 | €23,689 | - | -€23,689 | |
| Current assets | 29/58 | €123,163 | €182,767 | +€59,604 | +48.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €58,045 | €177,473 | +€119,427 | +206% |
| Trade receivables | 40 | €51,703 | €127,303 | +€75,600 | +146% |
| Other amounts receivable | 41 | €6,342 | €50,169 | +€43,827 | +691% |
| Cash at bank and in hand | 54/58 | €65,118 | €5,295 | -€59,823 | -91.9% |
| Total equity and liabilities | 10/49 | €146,852 | €206,456 | +€59,604 | +40.6% |
| Equity | 10/15 | €88,758 | €97,259 | +€8,501 | +9.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,758 | €64,259 | +€8,501 | +15.2% |
| Amounts payable | 17/49 | €58,094 | €109,198 | +€51,103 | +88.0% |
| Amounts payable within one year | 42/48 | €58,094 | €109,198 | +€51,103 | +88.0% |
| Trade debts | 44 | €54,813 | €109,198 | +€54,385 | +99.2% |
| Suppliers | 440/4 | €54,813 | €109,198 | +€54,385 | +99.2% |
| Taxes, remuneration and social security | 45 | €3,281 | €0 | -€3,281 | -100% |
| Taxes | 450/3 | €3,281 | €0 | -€3,281 | -100% |
| Operating income | 70/76A | €67,200 | - | -€67,200 | |
| Turnover | 70 | €67,200 | - | -€67,200 | |
| Operating charges | 60/66A | €84,382 | - | -€84,382 | |
| Services and other goods | 61 | €83,295 | - | -€83,295 | |
| Other operating charges | 640/8 | €1,088 | €1,248 | +€161 | +14.8% |
| Gross operating margin | 9900 | - | €10,041 | +€10,041 | |
| Operating profit (loss) | 9901 | -€17,182 | €8,792 | +€25,975 | |
| Financial income | 75/76B | €236 | €0 | -€236 | -100% |
| Recurring financial income | 75 | €236 | €0 | -€236 | -100% |
| Income from current assets | 751 | €236 | - | -€236 | |
| Financial charges | 65/66B | €1,023 | €292 | -€732 | -71.5% |
| Recurring financial charges | 65 | €1,023 | €292 | -€732 | -71.5% |
| Debt charges | 650 | €116 | - | -€116 | |
| Other financial charges | 652/9 | €907 | - | -€907 | |
| Profit (loss) for the period before taxes | 9903 | -€17,970 | €8,501 | +€26,471 | |
| Income taxes | 67/77 | €5,167 | €0 | -€5,167 | -100% |
| Taxes | 670/3 | €5,167 | - | -€5,167 | |
| Profit (loss) for the period | 9904 | -€23,137 | €8,501 | +€31,637 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,137 | €8,501 | +€31,637 |
Source: filed annual accounts (NBB), financial years ended 31 July 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.