Project Process Optimalisation Management: 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 Process Optimalisation Management
Largest movements
- Tangible fixed assets +€160,445
up €160,445 (+10.0%), from €1.6m to €1.8m
of which Land and buildings: +€116,827
- Cash -€142,393
down €142,393 (-81.0%), from €175,890 to €33,497
mainly Investment in fixed assets (net) (-€308,576) and Debts after one year (-€37,760)
- Other debts +€63,774
up €63,774 (+8.0%), from €795,168 to €858,942
- Debts after one year -€37,760
down €37,760 (-60.1%), from €62,806 to €25,046
- Gross operating margin -€40,484
down €40,484 (-13.6%), from €296,690 to €256,206
- Other operating charges +€25,397
up €25,397 (+180.7%), from €14,057 to €39,454
- Taxes -€14,427
down €14,427 (-70.6%), from €20,427 to €6,000
- Depreciation +€13,439
up €13,439 (+10.0%), from €134,692 to €148,131
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 | €1,812,602 | €1,828,476 | +€15,874 | +0.9% |
| Fixed assets | 21/28 | €1,613,782 | €1,774,227 | +€160,445 | +9.9% |
| Tangible fixed assets | 22/27 | €1,611,082 | €1,771,527 | +€160,445 | +10.0% |
| Land and buildings | 22 | €1,545,047 | €1,661,874 | +€116,827 | +7.6% |
| Plant, machinery and equipment | 23 | €12,085 | €7,365 | -€4,720 | -39.1% |
| Furniture and vehicles | 24 | €53,950 | €102,288 | +€48,338 | +89.6% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €198,820 | €54,249 | -€144,571 | -72.7% |
| Amounts receivable within one year | 40/41 | €22,930 | €20,752 | -€2,178 | -9.5% |
| Trade receivables | 40 | €22,930 | €20,752 | -€2,178 | -9.5% |
| Cash at bank and in hand | 54/58 | €175,890 | €33,497 | -€142,393 | -81.0% |
| Total equity and liabilities | 10/49 | €1,812,602 | €1,828,476 | +€15,874 | +0.9% |
| Equity | 10/15 | €847,404 | €850,834 | +€3,430 | +0.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Other | 1319 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €737,404 | €740,834 | +€3,430 | +0.5% |
| Amounts payable | 17/49 | €965,198 | €977,642 | +€12,444 | +1.3% |
| Amounts payable after more than one year | 17 | €62,806 | €25,046 | -€37,760 | -60.1% |
| Financial debts | 170/4 | €62,806 | €25,046 | -€37,760 | -60.1% |
| Amounts payable within one year | 42/48 | €902,392 | €952,596 | +€50,204 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €49,752 | €37,760 | -€11,992 | -24.1% |
| Trade debts | 44 | €7,635 | €12,402 | +€4,767 | +62.4% |
| Suppliers | 440/4 | €7,635 | €12,402 | +€4,767 | +62.4% |
| Taxes, remuneration and social security | 45 | €49,837 | €43,492 | -€6,345 | -12.7% |
| Taxes | 450/3 | €47,587 | €41,242 | -€6,345 | -13.3% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €795,168 | €858,942 | +€63,774 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134,692 | €148,131 | +€13,439 | +10.0% |
| Other operating charges | 640/8 | €14,057 | €39,454 | +€25,397 | +180.7% |
| Gross operating margin | 9900 | €296,690 | €256,206 | -€40,484 | -13.6% |
| Operating profit (loss) | 9901 | €147,941 | €68,621 | -€79,320 | -53.6% |
| Financial charges | 65/66B | €57,895 | €59,191 | +€1,296 | +2.2% |
| Recurring financial charges | 65 | €57,895 | €59,191 | +€1,296 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €90,046 | €9,430 | -€80,616 | -89.5% |
| Income taxes | 67/77 | €20,427 | €6,000 | -€14,427 | -70.6% |
| Profit (loss) for the period | 9904 | €69,619 | €3,430 | -€66,189 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,619 | €3,430 | -€66,189 | -95.1% |
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.