PI-PROJECTBEHEER: 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.
PI-PROJECTBEHEER
Largest movements
- Receivables within one year +€26,280
up €26,280 (+13.8%), from €189,909 to €216,189
of which Other amounts receivable: +€21,402
- Cash +€8,258
up €8,258 (+1,746%), from €473 to €8,731
mainly Net result for the year (+€36,337) and Depreciation (+€4,930)
- Profit (loss) carried forward +€36,337
up €36,337 (+26.1%), from €139,345 to €175,682
- Tax, wage and social debts -€2,987
down €2,987 (-9.1%), from €32,663 to €29,676
of which Taxes: -€9,236
- Financial income +€3,310
up €3,310 (+47.8%), from €6,920 to €10,230
- Gross operating margin -€2,112
down €2,112 (-4.5%), from €46,574 to €44,462
- Financial charges +€1,077
up €1,077 (+148%), from €729 to €1,806
- Depreciation -€984
down €984 (-16.6%), from €5,914 to €4,930
- Other operating charges -€496
down €496 (-37.9%), from €1,309 to €813
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 | €216,862 | €250,999 | +€34,137 | +15.7% |
| Fixed assets | 21/28 | €25,584 | €26,079 | +€495 | +1.9% |
| Tangible fixed assets | 22/27 | €22,439 | €22,934 | +€495 | +2.2% |
| Land and buildings | 22 | €20,431 | €17,571 | -€2,860 | -14.0% |
| Plant, machinery and equipment | 23 | €1,623 | €2,598 | +€975 | +60.1% |
| Furniture and vehicles | 24 | €385 | €2,765 | +€2,380 | +618% |
| Financial fixed assets | 28 | €3,145 | €3,145 | = | 0.0% |
| Current assets | 29/58 | €191,278 | €224,920 | +€33,642 | +17.6% |
| Amounts receivable within one year | 40/41 | €189,909 | €216,189 | +€26,280 | +13.8% |
| Trade receivables | 40 | €9,440 | €14,318 | +€4,878 | +51.7% |
| Other amounts receivable | 41 | €180,469 | €201,871 | +€21,402 | +11.9% |
| Cash at bank and in hand | 54/58 | €473 | €8,731 | +€8,258 | +1,746% |
| Deferred charges and accrued income | 490/1 | €896 | - | -€896 | |
| Total equity and liabilities | 10/49 | €216,862 | €250,999 | +€34,137 | +15.7% |
| Equity | 10/15 | €159,805 | €196,142 | +€36,337 | +22.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,345 | €175,682 | +€36,337 | +26.1% |
| Amounts payable | 17/49 | €57,057 | €54,857 | -€2,200 | -3.9% |
| Amounts payable after more than one year | 17 | - | €1,353 | +€1,353 | |
| Financial debts | 170/4 | - | €1,353 | +€1,353 | |
| Amounts payable within one year | 42/48 | €53,480 | €50,563 | -€2,917 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €9,965 | €9,457 | -€508 | -5.1% |
| Trade debts | 44 | €1,176 | €1,600 | +€424 | +36.1% |
| Suppliers | 440/4 | €1,176 | €1,600 | +€424 | +36.1% |
| Taxes, remuneration and social security | 45 | €32,663 | €29,676 | -€2,987 | -9.1% |
| Taxes | 450/3 | €32,663 | €23,427 | -€9,236 | -28.3% |
| Remuneration and social security | 454/9 | - | €6,249 | +€6,249 | |
| Other amounts payable | 47/48 | €9,676 | €9,830 | +€154 | +1.6% |
| Accrued charges and deferred income | 492/3 | €3,577 | €2,941 | -€636 | -17.8% |
| Remuneration, social security and pensions | 62 | €22 | €23 | +€1 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,914 | €4,930 | -€984 | -16.6% |
| Other operating charges | 640/8 | €1,309 | €813 | -€496 | -37.9% |
| Gross operating margin | 9900 | €46,574 | €44,462 | -€2,112 | -4.5% |
| Operating profit (loss) | 9901 | €39,329 | €38,696 | -€633 | -1.6% |
| Financial income | 75/76B | €6,920 | €10,230 | +€3,310 | +47.8% |
| Recurring financial income | 75 | €6,920 | €10,230 | +€3,310 | +47.8% |
| Financial charges | 65/66B | €729 | €1,806 | +€1,077 | +148% |
| Recurring financial charges | 65 | €729 | €1,806 | +€1,077 | +148% |
| Profit (loss) for the period before taxes | 9903 | €45,520 | €47,120 | +€1,600 | +3.5% |
| Income taxes | 67/77 | €10,860 | €10,783 | -€77 | -0.7% |
| Profit (loss) for the period | 9904 | €34,660 | €36,337 | +€1,677 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,660 | €36,337 | +€1,677 | +4.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.