INSIGHT PROJECTONTWIKKELING: 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.
INSIGHT PROJECTONTWIKKELING
Largest movements
- Stocks and contracts +€580,212
up €580,212 (+1,770%), from €32,773 to €612,986
- Cash -€43,196
down €43,196 (-79.9%), from €54,086 to €10,891
mainly Stocks and contracts (-€580,212) and Net result for the year (-€40,302)
- Tangible fixed assets -€15,351
down €15,351 (-4.5%), from €341,327 to €325,976
- Current portion of long-term debt +€550,189
up €550,189 (+4,545%), from €12,104 to €562,293
- Profit (loss) carried forward -€40,302
down €40,302 (-9.4%), from -€429,456 to -€469,758
- Other debts +€28,574
up €28,574 (+38.6%), from €74,098 to €102,672
- Debts after one year -€12,293
down €12,293 (-7.8%), from €158,423 to €146,129
- Financial charges +€7,286
up €7,286 (+208%), from €3,507 to €10,793
- Gross operating margin +€6,549
up €6,549 (+38.7%), from -€16,932 to -€10,383
- Depreciation +€1,924
up €1,924 (+13.0%), from €14,790 to €16,714
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 | €434,072 | €957,146 | +€523,074 | +121% |
| Fixed assets | 21/28 | €341,327 | €325,976 | -€15,351 | -4.5% |
| Tangible fixed assets | 22/27 | €341,327 | €325,976 | -€15,351 | -4.5% |
| Land and buildings | 22 | €303,563 | €295,949 | -€7,614 | -2.5% |
| Furniture and vehicles | 24 | €36,774 | €29,376 | -€7,398 | -20.1% |
| Other tangible fixed assets | 26 | €990 | €651 | -€340 | -34.3% |
| Current assets | 29/58 | €92,744 | €631,170 | +€538,426 | +581% |
| Stocks and contracts in progress | 3 | €32,773 | €612,986 | +€580,212 | +1,770% |
| Stocks | 30/36 | €32,773 | €612,986 | +€580,212 | +1,770% |
| Amounts receivable within one year | 40/41 | €3,922 | €4,329 | +€407 | +10.4% |
| Trade receivables | 40 | €1,000 | €1,000 | = | 0.0% |
| Other amounts receivable | 41 | €2,922 | €3,329 | +€407 | +13.9% |
| Cash at bank and in hand | 54/58 | €54,086 | €10,891 | -€43,196 | -79.9% |
| Deferred charges and accrued income | 490/1 | €1,963 | €2,964 | +€1,002 | +51.1% |
| Total equity and liabilities | 10/49 | €434,072 | €957,146 | +€523,074 | +121% |
| Equity | 10/15 | €170,544 | €130,242 | -€40,302 | -23.6% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€429,456 | -€469,758 | -€40,302 | -9.4% |
| Amounts payable | 17/49 | €263,527 | €826,904 | +€563,377 | +214% |
| Amounts payable after more than one year | 17 | €158,423 | €146,129 | -€12,293 | -7.8% |
| Financial debts | 170/4 | €158,423 | €146,129 | -€12,293 | -7.8% |
| Amounts payable within one year | 42/48 | €105,104 | €680,774 | +€575,670 | +548% |
| Current portion of amounts payable after more than one year | 42 | €12,104 | €562,293 | +€550,189 | +4,545% |
| Trade debts | 44 | €16,241 | €14,691 | -€1,550 | -9.5% |
| Suppliers | 440/4 | €16,241 | €14,691 | -€1,550 | -9.5% |
| Taxes, remuneration and social security | 45 | €2,661 | €1,118 | -€1,543 | -58.0% |
| Taxes | 450/3 | €1,293 | €1,118 | -€175 | -13.5% |
| Remuneration and social security | 454/9 | €1,368 | €0 | -€1,368 | -100% |
| Other amounts payable | 47/48 | €74,098 | €102,672 | +€28,574 | +38.6% |
| Non-recurring operating income | 76A | €3,500 | €0 | -€3,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,790 | €16,714 | +€1,924 | +13.0% |
| Other operating charges | 640/8 | €2,116 | €2,257 | +€141 | +6.7% |
| Gross operating margin | 9900 | -€16,932 | -€10,383 | +€6,549 | +38.7% |
| Operating profit (loss) | 9901 | -€33,838 | -€29,354 | +€4,484 | +13.3% |
| Financial income | 75/76B | €68 | €30 | -€38 | -55.4% |
| Recurring financial income | 75 | €68 | €30 | -€38 | -55.4% |
| Financial charges | 65/66B | €3,507 | €10,793 | +€7,286 | +208% |
| Recurring financial charges | 65 | €3,507 | €10,793 | +€7,286 | +208% |
| Profit (loss) for the period before taxes | 9903 | -€37,277 | -€40,116 | -€2,839 | -7.6% |
| Income taxes | 67/77 | €122 | €187 | +€65 | +53.4% |
| Profit (loss) for the period | 9904 | -€37,398 | -€40,302 | -€2,904 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,398 | -€40,302 | -€2,904 | -7.8% |
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 27 October 2026 via checked.be.