PROJECT-ASSIST: 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.
PROJECT-ASSIST
Largest movements
- Receivables within one year +€39,112
up €39,112 (+49.6%), from €78,800 to €117,912
of which Other amounts receivable: +€36,117
- Cash +€29,565
up €29,565 (+21.9%), from €135,122 to €164,687
mainly Net result for the year (+€87,128) and Other debts (+€79,419)
- Tangible fixed assets +€12,713
up €12,713 (+113.3%), from €11,222 to €23,935
of which Other tangible fixed assets: +€14,903
- Other debts +€79,419
up €79,419 (+13679.3%), from €581 to €80,000
- Profit (loss) carried forward +€7,128
up €7,128 (+3.7%), from €194,945 to €202,074
- Tax, wage and social debts -€5,448
down €5,448 (-27.2%), from €20,047 to €14,600
- Gross operating margin +€24,060
up €24,060 (+27.1%), from €88,637 to €112,697
- Taxes +€6,296
up €6,296 (+36.3%), from €17,323 to €23,619
- Financial income +€5,750
new in 2025: €5,750
- Depreciation +€2,002
up €2,002 (+42.1%), from €4,759 to €6,762
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 | €225,573 | €306,820 | +€81,246 | +36.0% |
| Fixed assets | 21/28 | €11,222 | €23,935 | +€12,713 | +113.3% |
| Tangible fixed assets | 22/27 | €11,222 | €23,935 | +€12,713 | +113.3% |
| Furniture and vehicles | 24 | €11,222 | €9,032 | -€2,190 | -19.5% |
| Other tangible fixed assets | 26 | - | €14,903 | +€14,903 | |
| Current assets | 29/58 | €214,351 | €282,885 | +€68,533 | +32.0% |
| Amounts receivable within one year | 40/41 | €78,800 | €117,912 | +€39,112 | +49.6% |
| Trade receivables | 40 | €8,785 | €11,779 | +€2,995 | +34.1% |
| Other amounts receivable | 41 | €70,015 | €106,132 | +€36,117 | +51.6% |
| Cash at bank and in hand | 54/58 | €135,122 | €164,687 | +€29,565 | +21.9% |
| Deferred charges and accrued income | 490/1 | €430 | €287 | -€143 | -33.3% |
| Total equity and liabilities | 10/49 | €225,573 | €306,820 | +€81,246 | +36.0% |
| Equity | 10/15 | €204,945 | €212,074 | +€7,128 | +3.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €194,945 | €202,074 | +€7,128 | +3.7% |
| Amounts payable | 17/49 | €20,628 | €94,746 | +€74,118 | +359.3% |
| Amounts payable within one year | 42/48 | €20,628 | €94,746 | +€74,118 | +359.3% |
| Trade debts | 44 | - | €147 | +€147 | |
| Suppliers | 440/4 | - | €147 | +€147 | |
| Taxes, remuneration and social security | 45 | €20,047 | €14,600 | -€5,448 | -27.2% |
| Taxes | 450/3 | €20,047 | €14,600 | -€5,448 | -27.2% |
| Other amounts payable | 47/48 | €581 | €80,000 | +€79,419 | +13679.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,759 | €6,762 | +€2,002 | +42.1% |
| Other operating charges | 640/8 | €661 | €784 | +€123 | +18.7% |
| Gross operating margin | 9900 | €88,637 | €112,697 | +€24,060 | +27.1% |
| Operating profit (loss) | 9901 | €83,217 | €105,151 | +€21,934 | +26.4% |
| Financial income | 75/76B | - | €5,750 | +€5,750 | |
| Recurring financial income | 75 | - | €5,750 | +€5,750 | |
| Financial charges | 65/66B | €145 | €154 | +€10 | +6.7% |
| Recurring financial charges | 65 | €145 | €154 | +€10 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €83,072 | €110,747 | +€27,675 | +33.3% |
| Income taxes | 67/77 | €17,323 | €23,619 | +€6,296 | +36.3% |
| Profit (loss) for the period | 9904 | €65,749 | €87,128 | +€21,379 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €65,749 | €87,128 | +€21,379 | +32.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.