Projaid: 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.
Projaid
Largest movements
- Cash -€55,043
down €55,043 (-42.0%), from €131,180 to €76,137
mainly Other debts (-€79,820) and Contributions, distributions and other (-€35,000)
- Receivables within one year +€4,646
up €4,646 (+17.9%), from €26,027 to €30,673
- Other debts -€79,820
down €79,820 (-68.4%), from €116,769 to €36,949
- Profit (loss) carried forward +€26,484
up €26,484 (+133.9%), from €19,779 to €46,263
- Trade debts +€1,971
up €1,971 (+3380.4%), from €58 to €2,029
- Tax, wage and social debts +€1,871
up €1,871 (+7.3%), from €25,765 to €27,636
of which Taxes: +€1,871
- Gross operating margin +€8,363
up €8,363 (+11.3%), from €73,906 to €82,269
- Taxes +€1,369
up €1,369 (+8.2%), from €16,652 to €18,020
- Financial income -€1,101
no longer reported in 2025 (was €1,101)
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 | €167,521 | €118,027 | -€49,494 | -29.5% |
| Fixed assets | 21/28 | €9,423 | €9,304 | -€119 | -1.3% |
| Intangible fixed assets | 21 | €1,591 | €1,261 | -€330 | -20.7% |
| Tangible fixed assets | 22/27 | €7,832 | €8,042 | +€211 | +2.7% |
| Furniture and vehicles | 24 | €7,832 | €8,042 | +€211 | +2.7% |
| Current assets | 29/58 | €158,098 | €108,724 | -€49,374 | -31.2% |
| Amounts receivable within one year | 40/41 | €26,027 | €30,673 | +€4,646 | +17.9% |
| Trade receivables | 40 | €26,027 | €30,673 | +€4,646 | +17.9% |
| Cash at bank and in hand | 54/58 | €131,180 | €76,137 | -€55,043 | -42.0% |
| Deferred charges and accrued income | 490/1 | €891 | €1,913 | +€1,022 | +114.7% |
| Total equity and liabilities | 10/49 | €167,521 | €118,027 | -€49,494 | -29.5% |
| Equity | 10/15 | €24,779 | €51,263 | +€26,484 | +106.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,779 | €46,263 | +€26,484 | +133.9% |
| Amounts payable | 17/49 | €142,742 | €66,764 | -€75,978 | -53.2% |
| Amounts payable within one year | 42/48 | €142,592 | €66,614 | -€75,978 | -53.3% |
| Trade debts | 44 | €58 | €2,029 | +€1,971 | +3380.4% |
| Suppliers | 440/4 | €58 | €2,029 | +€1,971 | +3380.4% |
| Taxes, remuneration and social security | 45 | €25,765 | €27,636 | +€1,871 | +7.3% |
| Taxes | 450/3 | €24,190 | €26,061 | +€1,871 | +7.7% |
| Remuneration and social security | 454/9 | €1,575 | €1,575 | = | 0.0% |
| Other amounts payable | 47/48 | €116,769 | €36,949 | -€79,820 | -68.4% |
| Accrued charges and deferred income | 492/3 | €150 | €150 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,819 | €2,069 | +€250 | +13.7% |
| Other operating charges | 640/8 | €417 | €421 | +€4 | +0.9% |
| Gross operating margin | 9900 | €73,906 | €82,269 | +€8,363 | +11.3% |
| Operating profit (loss) | 9901 | €71,670 | €79,779 | +€8,110 | +11.3% |
| Financial income | 75/76B | €1,101 | - | -€1,101 | |
| Recurring financial income | 75 | €1,101 | - | -€1,101 | |
| Financial charges | 65/66B | €693 | €275 | -€418 | -60.3% |
| Recurring financial charges | 65 | €693 | €275 | -€418 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €72,078 | €79,505 | +€7,426 | +10.3% |
| Income taxes | 67/77 | €16,652 | €18,020 | +€1,369 | +8.2% |
| Profit (loss) for the period | 9904 | €55,427 | €61,484 | +€6,058 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,427 | €61,484 | +€6,058 | +10.9% |
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 12 October 2026 via checked.be.