Projectplan-C: 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.
Projectplan-C
Largest movements
- Receivables within one year +€30,057
up €30,057 (+1818.5%), from €1,653 to €31,710
of which Trade receivables: +€28,966
- Tangible fixed assets +€27,293
up €27,293 (+167.0%), from €16,342 to €43,635
of which Leasing and similar rights: +€30,729
- Cash +€25,526
up €25,526 (+28.3%), from €90,157 to €115,683
mainly Net result for the year (+€44,352) and Debts after one year (+€37,363)
- Reserves +€44,352
up €44,352 (+61.4%), from €72,256 to €116,608
- Debts after one year +€37,363
new in 2025: €37,363
- Trade debts +€15,930
up €15,930 (+6968.3%), from €229 to €16,159
- Tax, wage and social debts -€8,770
down €8,770 (-31.4%), from €27,904 to €19,134
of which Taxes: -€6,970
- Other debts -€5,853
down €5,853 (-100.0%), from €5,853 to €0
- Gross operating margin -€27,687
down €27,687 (-28.4%), from €97,388 to €69,701
- Taxes -€8,000
down €8,000 (-40.6%), from €19,706 to €11,706
- Depreciation +€6,530
up €6,530 (+148.8%), from €4,388 to €10,918
- Financial charges +€2,064
up €2,064 (+1703.7%), from €121 to €2,185
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 | €108,742 | €191,763 | +€83,022 | +76.3% |
| Fixed assets | 21/28 | €16,342 | €43,635 | +€27,293 | +167.0% |
| Tangible fixed assets | 22/27 | €16,342 | €43,635 | +€27,293 | +167.0% |
| Plant, machinery and equipment | 23 | €1,092 | €1,319 | +€227 | +20.8% |
| Furniture and vehicles | 24 | €15,250 | €11,587 | -€3,663 | -24.0% |
| Leasing and similar rights | 25 | - | €30,729 | +€30,729 | |
| Current assets | 29/58 | €92,400 | €148,128 | +€55,728 | +60.3% |
| Amounts receivable within one year | 40/41 | €1,653 | €31,710 | +€30,057 | +1818.5% |
| Trade receivables | 40 | - | €28,966 | +€28,966 | |
| Other amounts receivable | 41 | €1,653 | €2,744 | +€1,091 | +66.0% |
| Cash at bank and in hand | 54/58 | €90,157 | €115,683 | +€25,526 | +28.3% |
| Deferred charges and accrued income | 490/1 | €590 | €735 | +€145 | +24.6% |
| Total equity and liabilities | 10/49 | €108,742 | €191,763 | +€83,022 | +76.3% |
| Equity | 10/15 | €74,756 | €119,108 | +€44,352 | +59.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €72,256 | €116,608 | +€44,352 | +61.4% |
| Distributable reserves | 133 | €72,256 | €116,608 | +€44,352 | +61.4% |
| Amounts payable | 17/49 | €33,985 | €72,655 | +€38,670 | +113.8% |
| Amounts payable after more than one year | 17 | - | €37,363 | +€37,363 | |
| Financial debts | 170/4 | - | €37,363 | +€37,363 | |
| Amounts payable within one year | 42/48 | €33,985 | €35,293 | +€1,307 | +3.8% |
| Trade debts | 44 | €229 | €16,159 | +€15,930 | +6968.3% |
| Suppliers | 440/4 | €229 | €16,159 | +€15,930 | +6968.3% |
| Taxes, remuneration and social security | 45 | €27,904 | €19,134 | -€8,770 | -31.4% |
| Taxes | 450/3 | €26,104 | €19,134 | -€6,970 | -26.7% |
| Remuneration and social security | 454/9 | €1,800 | €0 | -€1,800 | -100.0% |
| Other amounts payable | 47/48 | €5,853 | €0 | -€5,853 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,388 | €10,918 | +€6,530 | +148.8% |
| Other operating charges | 640/8 | €972 | €560 | -€412 | -42.4% |
| Gross operating margin | 9900 | €97,388 | €69,701 | -€27,687 | -28.4% |
| Operating profit (loss) | 9901 | €92,028 | €58,222 | -€33,806 | -36.7% |
| Financial income | 75/76B | €55 | €20 | -€35 | -63.9% |
| Recurring financial income | 75 | €55 | €20 | -€35 | -63.9% |
| Financial charges | 65/66B | €121 | €2,185 | +€2,064 | +1703.7% |
| Recurring financial charges | 65 | €121 | €2,185 | +€2,064 | +1703.7% |
| Profit (loss) for the period before taxes | 9903 | €91,962 | €56,058 | -€35,905 | -39.0% |
| Income taxes | 67/77 | €19,706 | €11,706 | -€8,000 | -40.6% |
| Profit (loss) for the period | 9904 | €72,256 | €44,352 | -€27,904 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,256 | €44,352 | -€27,904 | -38.6% |
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 9 October 2026 via checked.be.