Projects4Apps: 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.
Projects4Apps
Largest movements
- Receivables within one year -€34,031
down €34,031 (-26.8%), from €127,063 to €93,032
of which Other amounts receivable: -€26,620
- Current investments +€25,063
new in 2025: €25,063
- Cash +€15,289
up €15,289 (+22.0%), from €69,467 to €84,756
mainly Net result for the year (+€67,319) and Receivables within one year (+€34,031)
- Tangible fixed assets -€7,990
down €7,990 (-8.1%), from €98,374 to €90,384
of which Land and buildings: -€8,500
- Tax, wage and social debts -€20,021
down €20,021 (-82.7%), from €24,203 to €4,182
of which Taxes: -€17,567
- Reserves +€17,536
up €17,536 (+6.6%), from €265,803 to €283,339
of which Distributable reserves: +€17,536
- Depreciation +€1,220
up €1,220 (+8.1%), from €15,079 to €16,299
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 | €295,607 | €293,956 | -€1,652 | -0.6% |
| Fixed assets | 21/28 | €98,374 | €90,384 | -€7,990 | -8.1% |
| Tangible fixed assets | 22/27 | €98,374 | €90,384 | -€7,990 | -8.1% |
| Land and buildings | 22 | €74,110 | €65,610 | -€8,500 | -11.5% |
| Plant, machinery and equipment | 23 | €13,503 | €10,525 | -€2,978 | -22.1% |
| Furniture and vehicles | 24 | €10,762 | €14,250 | +€3,488 | +32.4% |
| Current assets | 29/58 | €197,234 | €203,572 | +€6,338 | +3.2% |
| Amounts receivable within one year | 40/41 | €127,063 | €93,032 | -€34,031 | -26.8% |
| Trade receivables | 40 | €28,917 | €21,506 | -€7,411 | -25.6% |
| Other amounts receivable | 41 | €98,146 | €71,526 | -€26,620 | -27.1% |
| Current investments | 50/53 | - | €25,063 | +€25,063 | |
| Cash at bank and in hand | 54/58 | €69,467 | €84,756 | +€15,289 | +22.0% |
| Deferred charges and accrued income | 490/1 | €703 | €721 | +€18 | +2.5% |
| Total equity and liabilities | 10/49 | €295,607 | €293,956 | -€1,652 | -0.6% |
| Equity | 10/15 | €266,803 | €284,339 | +€17,536 | +6.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €265,803 | €283,339 | +€17,536 | +6.6% |
| Tax-exempt reserves | 132 | €21 | €21 | = | 0.0% |
| Distributable reserves | 133 | €265,782 | €283,318 | +€17,536 | +6.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,804 | €9,616 | -€19,188 | -66.6% |
| Amounts payable within one year | 42/48 | €28,804 | €9,616 | -€19,188 | -66.6% |
| Trade debts | 44 | €4,601 | €5,435 | +€833 | +18.1% |
| Suppliers | 440/4 | €4,601 | €5,435 | +€833 | +18.1% |
| Taxes, remuneration and social security | 45 | €24,203 | €4,182 | -€20,021 | -82.7% |
| Taxes | 450/3 | €21,749 | €4,182 | -€17,567 | -80.8% |
| Remuneration and social security | 454/9 | €2,454 | €0 | -€2,454 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,079 | €16,299 | +€1,220 | +8.1% |
| Other operating charges | 640/8 | €1,111 | €1,200 | +€89 | +8.0% |
| Gross operating margin | 9900 | €108,294 | €109,333 | +€1,039 | +1.0% |
| Operating profit (loss) | 9901 | €92,104 | €91,833 | -€271 | -0.3% |
| Financial income | 75/76B | €4,585 | €4,535 | -€50 | -1.1% |
| Recurring financial income | 75 | €4,585 | €4,535 | -€50 | -1.1% |
| Financial charges | 65/66B | €2,210 | €1,907 | -€303 | -13.7% |
| Recurring financial charges | 65 | €2,210 | €1,907 | -€303 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €94,479 | €94,462 | -€17 | 0.0% |
| Income taxes | 67/77 | €26,643 | €27,143 | +€499 | +1.9% |
| Profit (loss) for the period | 9904 | €67,836 | €67,319 | -€517 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,836 | €67,319 | -€517 | -0.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.