PROJACTIVES: 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.
What changed
PROJACTIVES
NACE 59.113, Video and film production, excluding cinema and television films
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,106
2024 · -€5,785+€4,679
Equity
€1.2m
2024 · €1.2m-€1,106
Cash
€78
2024 · €1,722-€1,644
Balance sheet total
€1.4m
2024 · €1.4m-€13,388
Largest movements
Assets
- Tangible fixed assets -€14,814
down €14,814 (-1.2%), from €1.3m to €1.3m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€5,006
up €5,006 (+55.3%), from €9,060 to €14,066
- Financial income -€832
down €832 (-25.3%), from €3,291 to €2,459
- Depreciation -€824
down €824 (-5.3%), from €15,638 to €14,814
- Other operating charges +€266
up €266 (+11.3%), from €2,357 to €2,624
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.
Result 2024
-€5,785
Gross operating margin
+€5,006
Depreciation
+€824
Other operating charges
-€266
Financial income
-€832
Financial charges
-€50
Taxes
-€3
Result 2025
-€1,106
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.
From operations
-€1,304
Investment
€0
Financing
-€339
Cash 2024
€1,722
From operations (derived)
-€1,304
Net result for the year
-€1,106
Depreciation
+€14,814
Receivables within one year
-€1,321
Deferred charges and accrued income
-€1,748
Trade debts
+€3,395
Tax, wage and social debts
+€136
Other debts
-€14,076
Accrued charges and deferred income
-€1,398
Financing
-€339
Short-term financial debts
-€339
Cash 2025
€78
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,439,558 | €1,426,169 | -€13,388 | -0.9% |
| Fixed assets | 21/28 | €1,272,332 | €1,257,519 | -€14,814 | -1.2% |
| Tangible fixed assets | 22/27 | €1,272,314 | €1,257,500 | -€14,814 | -1.2% |
| Land and buildings | 22 | €1,272,314 | €1,257,500 | -€14,814 | -1.2% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €167,225 | €168,651 | +€1,425 | +0.9% |
| Amounts receivable after more than one year | 29 | €90,000 | €90,000 | = | 0.0% |
| Other amounts receivable | 291 | €90,000 | €90,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,083 | €74,404 | +€1,321 | +1.8% |
| Other amounts receivable | 41 | €73,083 | €74,404 | +€1,321 | +1.8% |
| Cash at bank and in hand | 54/58 | €1,722 | €78 | -€1,644 | -95.4% |
| Deferred charges and accrued income | 490/1 | €2,420 | €4,168 | +€1,748 | +72.2% |
| Total equity and liabilities | 10/49 | €1,439,558 | €1,426,169 | -€13,388 | -0.9% |
| Equity | 10/15 | €1,238,730 | €1,237,624 | -€1,106 | -0.1% |
| Contributions | 10/11 | €857,608 | €857,608 | = | 0.0% |
| Reserves | 13 | €190,256 | €190,256 | = | 0.0% |
| Distributable reserves | 133 | €190,256 | €190,256 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,866 | €189,760 | -€1,106 | -0.6% |
| Provisions and deferred taxes | 16 | €67,873 | €67,873 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €67,873 | €67,873 | = | 0.0% |
| Pensions and similar obligations | 160 | €67,873 | €67,873 | = | 0.0% |
| Amounts payable | 17/49 | €132,955 | €120,673 | -€12,282 | -9.2% |
| Amounts payable within one year | 42/48 | €126,198 | €115,313 | -€10,884 | -8.6% |
| Financial debts | 43 | €339 | - | -€339 | |
| Credit institutions | 430/8 | €339 | - | -€339 | |
| Trade debts | 44 | €20,392 | €23,787 | +€3,395 | +16.6% |
| Suppliers | 440/4 | €20,392 | €23,787 | +€3,395 | +16.6% |
| Taxes, remuneration and social security | 45 | €1,639 | €1,775 | +€136 | +8.3% |
| Taxes | 450/3 | €1,639 | €1,775 | +€136 | +8.3% |
| Other amounts payable | 47/48 | €103,827 | €89,752 | -€14,076 | -13.6% |
| Accrued charges and deferred income | 492/3 | €6,757 | €5,360 | -€1,398 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,638 | €14,814 | -€824 | -5.3% |
| Other operating charges | 640/8 | €2,357 | €2,624 | +€266 | +11.3% |
| Gross operating margin | 9900 | €9,060 | €14,066 | +€5,006 | +55.3% |
| Operating profit (loss) | 9901 | -€8,935 | -€3,371 | +€5,564 | +62.3% |
| Financial income | 75/76B | €3,291 | €2,459 | -€832 | -25.3% |
| Recurring financial income | 75 | €3,291 | €2,459 | -€832 | -25.3% |
| Financial charges | 65/66B | €144 | €194 | +€50 | +35.0% |
| Recurring financial charges | 65 | €144 | €194 | +€50 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,788 | -€1,106 | +€4,682 | +80.9% |
| Income taxes | 67/77 | -€3 | - | +€3 | |
| Profit (loss) for the period | 9904 | -€5,785 | -€1,106 | +€4,679 | +80.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,785 | -€1,106 | +€4,679 | +80.9% |
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 2 October 2026 via checked.be.