PROJECT DP: 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 DP
Largest movements
- Cash +€49,862
up €49,862 (+142.0%), from €35,123 to €84,985
mainly Net result for the year (+€34,874) and Tax, wage and social debts (+€32,830)
- Tangible fixed assets +€9,859
up €9,859 (+482.4%), from €2,044 to €11,903
of which Plant, machinery and equipment: +€6,828
- Receivables within one year +€3,300
up €3,300 (+85.6%), from €3,854 to €7,154
of which Other amounts receivable: +€4,701
- Profit (loss) carried forward +€34,874
up €34,874 (+889.7%), from €3,920 to €38,794
- Tax, wage and social debts +€32,830
up €32,830 (+257.9%), from €12,728 to €45,559
of which Remuneration and social security: +€19,403
- Trade debts -€10,343
down €10,343 (-46.0%), from €22,499 to €12,156
- Other debts +€4,200
up €4,200 (+49.7%), from €8,458 to €12,658
- Gross operating margin +€59,289
up €59,289 (+130.3%), from €45,506 to €104,795
- Staff costs +€11,456
up €11,456 (+29.3%), from €39,158 to €50,614
- Taxes +€10,606
up €10,606 (+693.1%), from €1,530 to €12,136
- Depreciation +€3,079
up €3,079 (+531.6%), from €579 to €3,658
- Financial charges +€2,016
up €2,016 (+2330.5%), from €87 to €2,102
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,605 | €110,126 | +€62,521 | +131.3% |
| Fixed assets | 21/28 | €7,127 | €16,486 | +€9,359 | +131.3% |
| Intangible fixed assets | 21 | €4,725 | €4,225 | -€500 | -10.6% |
| Tangible fixed assets | 22/27 | €2,044 | €11,903 | +€9,859 | +482.4% |
| Plant, machinery and equipment | 23 | €234 | €7,061 | +€6,828 | +2922.8% |
| Furniture and vehicles | 24 | €1,810 | €4,842 | +€3,032 | +167.5% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €40,478 | €93,639 | +€53,162 | +131.3% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,854 | €7,154 | +€3,300 | +85.6% |
| Trade receivables | 40 | €1,401 | - | -€1,401 | |
| Other amounts receivable | 41 | €2,454 | €7,154 | +€4,701 | +191.6% |
| Cash at bank and in hand | 54/58 | €35,123 | €84,985 | +€49,862 | +142.0% |
| Total equity and liabilities | 10/49 | €47,605 | €110,126 | +€62,521 | +131.3% |
| Equity | 10/15 | €3,920 | €38,794 | +€34,874 | +889.7% |
| Profit (loss) carried forward | 14 | €3,920 | €38,794 | +€34,874 | +889.7% |
| Amounts payable | 17/49 | €43,685 | €71,332 | +€27,647 | +63.3% |
| Amounts payable within one year | 42/48 | €43,685 | €71,332 | +€27,647 | +63.3% |
| Financial debts | 43 | - | €959 | +€959 | |
| Credit institutions | 430/8 | - | €959 | +€959 | |
| Trade debts | 44 | €22,499 | €12,156 | -€10,343 | -46.0% |
| Suppliers | 440/4 | €22,499 | €12,156 | -€10,343 | -46.0% |
| Taxes, remuneration and social security | 45 | €12,728 | €45,559 | +€32,830 | +257.9% |
| Taxes | 450/3 | €1,380 | €14,807 | +€13,427 | +973.3% |
| Remuneration and social security | 454/9 | €11,349 | €30,752 | +€19,403 | +171.0% |
| Other amounts payable | 47/48 | €8,458 | €12,658 | +€4,200 | +49.7% |
| Remuneration, social security and pensions | 62 | €39,158 | €50,614 | +€11,456 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €579 | €3,658 | +€3,079 | +531.6% |
| Other operating charges | 640/8 | €231 | €1,410 | +€1,179 | +509.7% |
| Gross operating margin | 9900 | €45,506 | €104,795 | +€59,289 | +130.3% |
| Operating profit (loss) | 9901 | €5,537 | €49,113 | +€43,576 | +787.0% |
| Financial charges | 65/66B | €87 | €2,102 | +€2,016 | +2330.5% |
| Recurring financial charges | 65 | €87 | €2,102 | +€2,016 | +2330.5% |
| Profit (loss) for the period before taxes | 9903 | €5,450 | €47,010 | +€41,560 | +762.5% |
| Income taxes | 67/77 | €1,530 | €12,136 | +€10,606 | +693.1% |
| Profit (loss) for the period | 9904 | €3,920 | €34,874 | +€30,954 | +789.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,920 | €34,874 | +€30,954 | +789.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.