PROJECTEN AB: 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.
PROJECTEN AB
Largest movements
- Receivables within one year +€19,416
up €19,416 (+111.1%), from €17,477 to €36,893
of which Other amounts receivable: +€22,769
- Tangible fixed assets +€12,750
up €12,750 (+374.8%), from €3,402 to €16,152
of which Furniture and vehicles: +€13,399
- Cash +€7,608
up €7,608 (+50.0%), from €15,224 to €22,832
mainly Net result for the year (+€29,796) and Debts after one year (+€10,583)
- Deferred charges and accrued income -€1,748
down €1,748 (-100.0%), from €1,748 to €0
- Profit (loss) carried forward +€16,436
up €16,436, from -€16,436 to €0
- Reserves +€13,360
up €13,360, from €0 to €13,360
- Debts after one year +€10,583
up €10,583 (+454.3%), from €2,330 to €12,912
- Current portion of long-term debt +€7,230
up €7,230 (+97.1%), from €7,443 to €14,673
- Other debts -€6,351
down €6,351 (-63.5%), from €10,000 to €3,649
- Gross operating margin +€48,016
up €48,016, from -€8,301 to €39,715
- Other operating charges -€6,070
down €6,070 (-89.6%), from €6,778 to €708
- Taxes +€5,648
up €5,648 (+3505.1%), from €161 to €5,809
- Depreciation +€744
up €744 (+62.5%), from €1,192 to €1,936
- Financial charges +€534
up €534 (+35.8%), from €1,494 to €2,028
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 | €37,851 | €75,877 | +€38,026 | +100.5% |
| Fixed assets | 21/28 | €3,402 | €16,152 | +€12,750 | +374.8% |
| Tangible fixed assets | 22/27 | €3,402 | €16,152 | +€12,750 | +374.8% |
| Furniture and vehicles | 24 | €809 | €14,208 | +€13,399 | +1655.6% |
| Other tangible fixed assets | 26 | €2,592 | €1,944 | -€649 | -25.0% |
| Current assets | 29/58 | €34,449 | €59,725 | +€25,276 | +73.4% |
| Amounts receivable within one year | 40/41 | €17,477 | €36,893 | +€19,416 | +111.1% |
| Trade receivables | 40 | €3,353 | €0 | -€3,353 | -100.0% |
| Other amounts receivable | 41 | €14,124 | €36,893 | +€22,769 | +161.2% |
| Cash at bank and in hand | 54/58 | €15,224 | €22,832 | +€7,608 | +50.0% |
| Deferred charges and accrued income | 490/1 | €1,748 | €0 | -€1,748 | -100.0% |
| Total equity and liabilities | 10/49 | €37,851 | €75,877 | +€38,026 | +100.5% |
| Equity | 10/15 | €2,164 | €31,960 | +€29,796 | +1376.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | €13,360 | +€13,360 | |
| Distributable reserves | 133 | €0 | €13,360 | +€13,360 | |
| Profit (loss) carried forward | 14 | -€16,436 | €0 | +€16,436 | |
| Amounts payable | 17/49 | €35,687 | €43,917 | +€8,230 | +23.1% |
| Amounts payable after more than one year | 17 | €2,330 | €12,912 | +€10,583 | +454.3% |
| Financial debts | 170/4 | €2,330 | €12,912 | +€10,583 | +454.3% |
| Amounts payable within one year | 42/48 | €33,357 | €31,004 | -€2,353 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €7,443 | €14,673 | +€7,230 | +97.1% |
| Trade debts | 44 | €7,723 | €6,874 | -€849 | -11.0% |
| Suppliers | 440/4 | €7,723 | €6,874 | -€849 | -11.0% |
| Taxes, remuneration and social security | 45 | €8,191 | €5,809 | -€2,382 | -29.1% |
| Taxes | 450/3 | €6,161 | €5,809 | -€352 | -5.7% |
| Remuneration and social security | 454/9 | €2,030 | €0 | -€2,030 | -100.0% |
| Other amounts payable | 47/48 | €10,000 | €3,649 | -€6,351 | -63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,192 | €1,936 | +€744 | +62.5% |
| Other operating charges | 640/8 | €6,778 | €708 | -€6,070 | -89.6% |
| Gross operating margin | 9900 | -€8,301 | €39,715 | +€48,016 | |
| Operating profit (loss) | 9901 | -€16,271 | €37,071 | +€53,342 | |
| Financial income | 75/76B | €752 | €562 | -€190 | -25.2% |
| Recurring financial income | 75 | €752 | €562 | -€190 | -25.2% |
| Financial charges | 65/66B | €1,494 | €2,028 | +€534 | +35.8% |
| Recurring financial charges | 65 | €1,494 | €2,028 | +€534 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | -€17,013 | €35,605 | +€52,617 | |
| Income taxes | 67/77 | €161 | €5,809 | +€5,648 | +3505.1% |
| Profit (loss) for the period | 9904 | -€17,174 | €29,796 | +€46,970 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,174 | €29,796 | +€46,970 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.