LIVING 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.
LIVING PROJECTS
Largest movements
- Tangible fixed assets -€50,093
down €50,093 (-5.6%), from €901,516 to €851,423
of which Land and buildings: -€38,716
- Profit (loss) carried forward -€20,272
down €20,272 (-1.8%), from -€1.1m to -€1.2m
- Reserves -€17,655
down €17,655 (-1.6%), from €1.1m to €1.1m
of which Distributable reserves: -€17,655
- Gross operating margin -€11,391
down €11,391 (-22.0%), from €51,862 to €40,471
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 | €935,803 | €896,642 | -€39,160 | -4.2% |
| Fixed assets | 21/28 | €901,516 | €851,423 | -€50,093 | -5.6% |
| Tangible fixed assets | 22/27 | €901,516 | €851,423 | -€50,093 | -5.6% |
| Land and buildings | 22 | €856,992 | €818,276 | -€38,716 | -4.5% |
| Plant, machinery and equipment | 23 | €8,159 | €7,182 | -€978 | -12.0% |
| Furniture and vehicles | 24 | €36,365 | €25,965 | -€10,400 | -28.6% |
| Current assets | 29/58 | €34,286 | €45,219 | +€10,933 | +31.9% |
| Amounts receivable within one year | 40/41 | €0 | €908 | +€908 | |
| Other amounts receivable | 41 | €0 | €908 | +€908 | |
| Cash at bank and in hand | 54/58 | €32,094 | €39,432 | +€7,338 | +22.9% |
| Deferred charges and accrued income | 490/1 | €2,192 | €4,880 | +€2,688 | +123% |
| Total equity and liabilities | 10/49 | €935,803 | €896,642 | -€39,160 | -4.2% |
| Equity | 10/15 | €923,824 | €885,897 | -€37,927 | -4.1% |
| Contributions | 10/11 | €924,000 | €924,000 | = | 0.0% |
| Reserves | 13 | €1,132,633 | €1,114,978 | -€17,655 | -1.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,132,633 | €1,114,978 | -€17,655 | -1.6% |
| Profit (loss) carried forward | 14 | -€1,132,808 | -€1,153,081 | -€20,272 | -1.8% |
| Amounts payable | 17/49 | €11,978 | €10,745 | -€1,233 | -10.3% |
| Amounts payable within one year | 42/48 | €10,925 | €9,480 | -€1,446 | -13.2% |
| Trade debts | 44 | €6,143 | €1,509 | -€4,634 | -75.4% |
| Suppliers | 440/4 | €6,143 | €1,509 | -€4,634 | -75.4% |
| Taxes, remuneration and social security | 45 | €3,586 | €3,469 | -€117 | -3.3% |
| Taxes | 450/3 | €3,586 | €3,469 | -€117 | -3.3% |
| Other amounts payable | 47/48 | €1,196 | €4,502 | +€3,305 | +276% |
| Accrued charges and deferred income | 492/3 | €1,053 | €1,266 | +€213 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,587 | €50,093 | +€507 | +1.0% |
| Other operating charges | 640/8 | €10,310 | €10,739 | +€428 | +4.2% |
| Gross operating margin | 9900 | €51,862 | €40,471 | -€11,391 | -22.0% |
| Operating profit (loss) | 9901 | -€8,035 | -€20,361 | -€12,326 | -153% |
| Financial income | 75/76B | €276 | €334 | +€58 | +21.2% |
| Recurring financial income | 75 | €276 | €334 | +€58 | +21.2% |
| Financial charges | 65/66B | €192 | €112 | -€80 | -41.9% |
| Recurring financial charges | 65 | €192 | €112 | -€80 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,951 | -€20,138 | -€12,187 | -153% |
| Income taxes | 67/77 | €151 | €134 | -€17 | -11.0% |
| Profit (loss) for the period | 9904 | -€8,102 | -€20,272 | -€12,170 | -150% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,102 | -€20,272 | -€12,170 | -150% |
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 19 October 2026 via checked.be.