GENERAL PROJECT SERVICES: 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.
GENERAL PROJECT SERVICES
Largest movements
- Financial fixed assets -€103,568
down €103,568 (-12.7%), from €812,400 to €708,832
- Other debts -€88,494
down €88,494 (-15.8%), from €560,656 to €472,162
- Profit (loss) carried forward -€14,664
down €14,664 (-27.1%), from €54,186 to €39,522
- Financial charges +€102,248
up €102,248 (+799%), from €12,790 to €115,038
of which Non-recurring financial charges: +€103,568
- Financial income +€50,000
up €50,000 (+100%), from €50,000 to €100,000
- Gross operating margin +€2,283
up €2,283, from -€817 to €1,466
- Other operating charges +€57
up €57 (+5.5%), from €1,035 to €1,092
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.
Derived cash bridge
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 | €814,527 | €710,091 | -€104,436 | -12.8% |
| Fixed assets | 21/28 | €812,400 | €708,832 | -€103,568 | -12.7% |
| Financial fixed assets | 28 | €812,400 | €708,832 | -€103,568 | -12.7% |
| Current assets | 29/58 | €2,127 | €1,259 | -€868 | -40.8% |
| Amounts receivable within one year | 40/41 | €1,969 | €374 | -€1,595 | -81.0% |
| Trade receivables | 40 | €1,537 | €348 | -€1,188 | -77.3% |
| Other amounts receivable | 41 | €432 | €26 | -€406 | -94.1% |
| Cash at bank and in hand | 54/58 | €159 | €885 | +€726 | +458% |
| Total equity and liabilities | 10/49 | €814,527 | €710,091 | -€104,436 | -12.8% |
| Equity | 10/15 | €252,501 | €237,836 | -€14,664 | -5.8% |
| Contributions | 10/11 | €198,315 | €198,315 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,186 | €39,522 | -€14,664 | -27.1% |
| Amounts payable | 17/49 | €562,027 | €472,255 | -€89,772 | -16.0% |
| Amounts payable within one year | 42/48 | €562,027 | €472,255 | -€89,772 | -16.0% |
| Trade debts | 44 | €1,371 | €92 | -€1,279 | -93.3% |
| Suppliers | 440/4 | €1,371 | €92 | -€1,279 | -93.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €560,656 | €472,162 | -€88,494 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,035 | €1,092 | +€57 | +5.5% |
| Gross operating margin | 9900 | -€817 | €1,466 | +€2,283 | |
| Operating profit (loss) | 9901 | -€1,852 | €374 | +€2,226 | |
| Financial income | 75/76B | €50,000 | €100,000 | +€50,000 | +100% |
| Recurring financial income | 75 | €50,000 | €100,000 | +€50,000 | +100% |
| Financial charges | 65/66B | €12,790 | €115,038 | +€102,248 | +799% |
| Recurring financial charges | 65 | €12,790 | €11,470 | -€1,320 | -10.3% |
| Non-recurring financial charges | 66B | - | €103,568 | +€103,568 | |
| Profit (loss) for the period before taxes | 9903 | €35,358 | -€14,664 | -€50,022 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €35,358 | -€14,664 | -€50,022 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,358 | -€14,664 | -€50,022 |
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 26 October 2026 via checked.be.