L2Projecten: 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.
L2Projecten
Largest movements
- Stocks and contracts +€508,421
up €508,421 (+61.3%), from €830,000 to €1.3m
- Other debts +€312,640
up €312,640 (+92.4%), from €338,529 to €651,169
- Short-term financial debts +€232,200
up €232,200 (+42.2%), from €550,800 to €783,000
- Profit (loss) carried forward -€34,820
down €34,820 (-45.4%), from -€76,675 to -€111,495
- Financial charges -€6,510
down €6,510 (-17.7%), from €36,830 to €30,320
- Other operating charges -€1,463
down €1,463 (-79.9%), from €1,830 to €367
- Gross operating margin -€363
down €363 (-9.6%), from -€3,770 to -€4,133
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 | €832,686 | €1,342,977 | +€510,291 | +61.3% |
| Current assets | 29/58 | €832,686 | €1,342,977 | +€510,291 | +61.3% |
| Stocks and contracts in progress | 3 | €830,000 | €1,338,421 | +€508,421 | +61.3% |
| Stocks | 30/36 | €830,000 | €1,338,421 | +€508,421 | +61.3% |
| Cash at bank and in hand | 54/58 | €2,488 | €3,744 | +€1,255 | +50.4% |
| Deferred charges and accrued income | 490/1 | €197 | €812 | +€615 | +311.6% |
| Total equity and liabilities | 10/49 | €832,686 | €1,342,977 | +€510,291 | +61.3% |
| Equity | 10/15 | -€56,675 | -€91,495 | -€34,820 | -61.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,675 | -€111,495 | -€34,820 | -45.4% |
| Amounts payable | 17/49 | €889,360 | €1,434,471 | +€545,111 | +61.3% |
| Amounts payable within one year | 42/48 | €889,360 | €1,434,471 | +€545,111 | +61.3% |
| Financial debts | 43 | €550,800 | €783,000 | +€232,200 | +42.2% |
| Credit institutions | 430/8 | €550,800 | €783,000 | +€232,200 | +42.2% |
| Trade debts | 44 | €31 | €302 | +€271 | +861.9% |
| Suppliers | 440/4 | €31 | €302 | +€271 | +861.9% |
| Other amounts payable | 47/48 | €338,529 | €651,169 | +€312,640 | +92.4% |
| Other operating charges | 640/8 | €1,830 | €367 | -€1,463 | -79.9% |
| Gross operating margin | 9900 | -€3,770 | -€4,133 | -€363 | -9.6% |
| Operating profit (loss) | 9901 | -€5,600 | -€4,500 | +€1,100 | +19.6% |
| Financial charges | 65/66B | €36,830 | €30,320 | -€6,510 | -17.7% |
| Recurring financial charges | 65 | €36,830 | €30,320 | -€6,510 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€42,430 | -€34,820 | +€7,610 | +17.9% |
| Profit (loss) for the period | 9904 | -€42,430 | -€34,820 | +€7,610 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,430 | -€34,820 | +€7,610 | +17.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.