Project Control: 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.
Project Control
Largest movements
- Cash +€12,659
up €12,659 (+42.5%), from €29,785 to €42,444
mainly Net result for the year (+€7,961) and Depreciation (+€1,710)
- Tangible fixed assets -€1,710
down €1,710 (-67.9%), from €2,520 to €810
of which Furniture and vehicles: -€1,710
- Reserves +€7,961
up €7,961 (+35.5%), from €22,426 to €30,387
- Other debts +€1,676
up €1,676 (+27.7%), from €6,044 to €7,720
- Tax, wage and social debts +€1,233
up €1,233 (+49.6%), from €2,488 to €3,722
- Gross operating margin +€4,702
up €4,702 (+57.8%), from €8,138 to €12,840
- Taxes +€1,111
up €1,111 (+80.8%), from €1,375 to €2,487
- Depreciation -€696
down €696 (-28.9%), from €2,406 to €1,710
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 | €35,166 | €46,223 | +€11,057 | +31.4% |
| Fixed assets | 21/28 | €2,670 | €960 | -€1,710 | -64.0% |
| Tangible fixed assets | 22/27 | €2,520 | €810 | -€1,710 | -67.9% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,520 | €810 | -€1,710 | -67.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €32,496 | €45,263 | +€12,767 | +39.3% |
| Amounts receivable within one year | 40/41 | €2,711 | €2,819 | +€108 | +4.0% |
| Trade receivables | 40 | €2,711 | €2,819 | +€108 | +4.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €29,785 | €42,444 | +€12,659 | +42.5% |
| Total equity and liabilities | 10/49 | €35,166 | €46,223 | +€11,057 | +31.4% |
| Equity | 10/15 | €24,926 | €32,887 | +€7,961 | +31.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,426 | €30,387 | +€7,961 | +35.5% |
| Distributable reserves | 133 | €22,426 | €30,387 | +€7,961 | +35.5% |
| Amounts payable | 17/49 | €10,240 | €13,336 | +€3,096 | +30.2% |
| Amounts payable within one year | 42/48 | €9,240 | €12,441 | +€3,201 | +34.6% |
| Trade debts | 44 | €708 | €999 | +€291 | +41.1% |
| Suppliers | 440/4 | €708 | €999 | +€291 | +41.1% |
| Taxes, remuneration and social security | 45 | €2,488 | €3,722 | +€1,233 | +49.6% |
| Taxes | 450/3 | €2,488 | €3,722 | +€1,233 | +49.6% |
| Other amounts payable | 47/48 | €6,044 | €7,720 | +€1,676 | +27.7% |
| Accrued charges and deferred income | 492/3 | €1,000 | €895 | -€105 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,406 | €1,710 | -€696 | -28.9% |
| Other operating charges | 640/8 | €493 | €505 | +€12 | +2.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €8,138 | €12,840 | +€4,702 | +57.8% |
| Operating profit (loss) | 9901 | €5,239 | €10,625 | +€5,386 | +102.8% |
| Financial income | 75/76B | €9 | €1 | -€8 | -87.0% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -87.0% |
| Financial charges | 65/66B | €151 | €178 | +€27 | +17.7% |
| Recurring financial charges | 65 | €151 | €178 | +€27 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €5,096 | €10,448 | +€5,352 | +105.0% |
| Income taxes | 67/77 | €1,375 | €2,487 | +€1,111 | +80.8% |
| Profit (loss) for the period | 9904 | €3,721 | €7,961 | +€4,240 | +114.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,721 | €7,961 | +€4,240 | +114.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.