Projecta: 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.
Projecta
Largest movements
- Intangible fixed assets -€85,274
down €85,274 (-54.6%), from €156,118 to €70,844
- Cash +€31,646
up €31,646 (+32.2%), from €98,296 to €129,942
mainly Depreciation (+€110,705) and Net result for the year (+€53,239)
- Receivables within one year +€24,439
up €24,439 (+142.5%), from €17,153 to €41,592
of which Other amounts receivable: +€32,364
- Tangible fixed assets -€18,506
down €18,506 (-42.8%), from €43,256 to €24,750
- Investment grants -€134,428
down €134,428 (-76.0%), from €176,875 to €42,447
- Reserves +€53,239
up €53,239 (+47.4%), from €112,291 to €165,529
- Accrued charges and deferred income +€30,000
new in 2023: €30,000
- Turnover +€161,003
new in 2023: €161,003
- Depreciation +€97,167
up €97,167 (+717.7%), from €13,538 to €110,705
- Gross operating margin +€95,650
up €95,650 (+79.1%), from €120,884 to €216,534
- Purchases and services +€74,514
new in 2023: €74,514
- Staff costs +€8,104
up €8,104 (+19.1%), from €42,454 to €50,558
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €315,905 | €267,828 | -€48,077 | -15.2% |
| Fixed assets | 21/28 | €200,074 | €96,294 | -€103,780 | -51.9% |
| Intangible fixed assets | 21 | €156,118 | €70,844 | -€85,274 | -54.6% |
| Tangible fixed assets | 22/27 | €43,256 | €24,750 | -€18,506 | -42.8% |
| Plant, machinery and equipment | 23 | €43,256 | €24,750 | -€18,506 | -42.8% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €115,831 | €171,534 | +€55,703 | +48.1% |
| Amounts receivable within one year | 40/41 | €17,153 | €41,592 | +€24,439 | +142.5% |
| Trade receivables | 40 | €9,271 | €1,346 | -€7,925 | -85.5% |
| Other amounts receivable | 41 | €7,882 | €40,246 | +€32,364 | +410.6% |
| Cash at bank and in hand | 54/58 | €98,296 | €129,942 | +€31,646 | +32.2% |
| Deferred charges and accrued income | 490/1 | €382 | - | -€382 | |
| Total equity and liabilities | 10/49 | €315,905 | €267,828 | -€48,077 | -15.2% |
| Equity | 10/15 | €289,166 | €207,976 | -€81,189 | -28.1% |
| Reserves | 13 | €112,291 | €165,529 | +€53,239 | +47.4% |
| Investment grants | 15 | €176,875 | €42,447 | -€134,428 | -76.0% |
| Amounts payable | 17/49 | €26,740 | €59,851 | +€33,112 | +123.8% |
| Amounts payable within one year | 42/48 | €26,740 | €29,851 | +€3,112 | +11.6% |
| Trade debts | 44 | €19,805 | €21,809 | +€2,004 | +10.1% |
| Suppliers | 440/4 | €19,805 | €21,809 | +€2,004 | +10.1% |
| Taxes, remuneration and social security | 45 | €6,935 | €8,043 | +€1,108 | +16.0% |
| Taxes | 450/3 | €792 | - | -€792 | |
| Remuneration and social security | 454/9 | €6,143 | €8,043 | +€1,900 | +30.9% |
| Accrued charges and deferred income | 492/3 | - | €30,000 | +€30,000 | |
| Turnover | 70 | - | €161,003 | +€161,003 | |
| Non-recurring operating income | 76A | - | €55,531 | +€55,531 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €74,514 | +€74,514 | |
| Remuneration, social security and pensions | 62 | €42,454 | €50,558 | +€8,104 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,538 | €110,705 | +€97,167 | +717.7% |
| Other operating charges | 640/8 | €76 | €239 | +€163 | +214.7% |
| Non-recurring operating charges | 66A | - | €100 | +€100 | |
| Gross operating margin | 9900 | €120,884 | €216,534 | +€95,650 | +79.1% |
| Operating profit (loss) | 9901 | €64,816 | €54,932 | -€9,884 | -15.2% |
| Financial income | 75/76B | - | €737 | +€737 | |
| Recurring financial income | 75 | - | €737 | +€737 | |
| Financial charges | 65/66B | €249 | €2,209 | +€1,960 | +786.0% |
| Recurring financial charges | 65 | €249 | €2,209 | +€1,960 | +786.0% |
| Profit (loss) for the period before taxes | 9903 | €64,566 | €53,460 | -€11,106 | -17.2% |
| Income taxes | 67/77 | - | €221 | +€221 | |
| Profit (loss) for the period | 9904 | €64,566 | €53,239 | -€11,328 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,566 | €53,239 | -€11,328 | -17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.