MY Projects & Concepts: 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.
MY Projects & Concepts
Largest movements
- Tangible fixed assets +€18,306
up €18,306 (+7.7%), from €236,308 to €254,614
of which Plant, machinery and equipment: +€11,281
- Other debts +€37,337
up €37,337 (+26.9%), from €138,646 to €175,982
- Profit (loss) carried forward +€22,107
up €22,107 (+52.9%), from €41,792 to €63,899
- Debts after one year -€13,624
down €13,624 (-18.3%), from €74,471 to €60,847
- Tax, wage and social debts -€11,521
down €11,521 (-59.2%), from €19,447 to €7,926
of which Taxes: -€11,742
- Trade debts -€9,322
down €9,322 (-70.2%), from €13,275 to €3,953
- Gross operating margin +€12,637
up €12,637 (+12.0%), from €104,887 to €117,523
- Financial charges -€11,025
down €11,025 (-74.3%), from €14,836 to €3,811
- Depreciation -€4,787
down €4,787 (-5.2%), from €92,238 to €87,451
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 | €305,674 | €331,231 | +€25,557 | +8.4% |
| Fixed assets | 21/28 | €237,808 | €257,839 | +€20,031 | +8.4% |
| Tangible fixed assets | 22/27 | €236,308 | €254,614 | +€18,306 | +7.7% |
| Plant, machinery and equipment | 23 | €216,646 | €227,927 | +€11,281 | +5.2% |
| Furniture and vehicles | 24 | €19,662 | €26,687 | +€7,025 | +35.7% |
| Financial fixed assets | 28 | €1,500 | €3,225 | +€1,725 | +115% |
| Current assets | 29/58 | €67,866 | €73,392 | +€5,526 | +8.1% |
| Amounts receivable within one year | 40/41 | €57,684 | €59,204 | +€1,520 | +2.6% |
| Trade receivables | 40 | €51,169 | €59,204 | +€8,035 | +15.7% |
| Other amounts receivable | 41 | €6,515 | - | -€6,515 | |
| Cash at bank and in hand | 54/58 | €6,839 | €8,414 | +€1,575 | +23.0% |
| Deferred charges and accrued income | 490/1 | €3,343 | €5,774 | +€2,431 | +72.7% |
| Total equity and liabilities | 10/49 | €305,674 | €331,231 | +€25,557 | +8.4% |
| Equity | 10/15 | €46,792 | €68,899 | +€22,107 | +47.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,792 | €63,899 | +€22,107 | +52.9% |
| Amounts payable | 17/49 | €258,883 | €262,333 | +€3,450 | +1.3% |
| Amounts payable after more than one year | 17 | €74,471 | €60,847 | -€13,624 | -18.3% |
| Financial debts | 170/4 | €74,471 | €60,847 | -€13,624 | -18.3% |
| Amounts payable within one year | 42/48 | €184,411 | €201,485 | +€17,074 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €13,043 | €13,624 | +€581 | +4.5% |
| Trade debts | 44 | €13,275 | €3,953 | -€9,322 | -70.2% |
| Suppliers | 440/4 | €13,275 | €3,953 | -€9,322 | -70.2% |
| Taxes, remuneration and social security | 45 | €19,447 | €7,926 | -€11,521 | -59.2% |
| Taxes | 450/3 | €14,089 | €2,347 | -€11,742 | -83.3% |
| Remuneration and social security | 454/9 | €5,358 | €5,578 | +€220 | +4.1% |
| Other amounts payable | 47/48 | €138,646 | €175,982 | +€37,337 | +26.9% |
| Non-recurring operating income | 76A | - | €2,511 | +€2,511 | |
| Remuneration, social security and pensions | 62 | €144 | €387 | +€242 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,238 | €87,451 | -€4,787 | -5.2% |
| Other operating charges | 640/8 | €3,429 | €2,687 | -€742 | -21.6% |
| Gross operating margin | 9900 | €104,887 | €117,523 | +€12,637 | +12.0% |
| Operating profit (loss) | 9901 | €9,076 | €26,999 | +€17,924 | +197% |
| Financial income | 75/76B | €1 | €3 | +€2 | +269% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +269% |
| Financial charges | 65/66B | €14,836 | €3,811 | -€11,025 | -74.3% |
| Recurring financial charges | 65 | €14,836 | €3,811 | -€11,025 | -74.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,759 | €23,192 | +€28,951 | |
| Income taxes | 67/77 | - | €1,085 | +€1,085 | |
| Profit (loss) for the period | 9904 | -€5,759 | €22,107 | +€27,866 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,759 | €22,107 | +€27,866 |
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 15 October 2026 via checked.be.