Projectsmania: 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.
Projectsmania
Largest movements
- Receivables after one year -€14,000
down €14,000 (-50.0%), from €28,000 to €14,000
- Cash +€12,232
up €12,232 (+55.2%), from €22,161 to €34,394
mainly Net result for the year (+€75,907) and Receivables after one year (+€14,000)
- Receivables within one year +€10,658
up €10,658 (+32.8%), from €32,484 to €43,142
of which Trade receivables: +€11,286
- Tangible fixed assets -€6,856
down €6,856 (-25.8%), from €26,613 to €19,757
of which Furniture and vehicles: -€6,346
- Deferred charges and accrued income -€1,851
down €1,851 (-51.5%), from €3,596 to €1,745
- Reserves +€11,907
up €11,907 (+63.0%), from €18,887 to €30,794
of which Distributable reserves: +€11,907
- Debts after one year -€6,278
no longer reported in 2025 (was €6,278)
- Current portion of long-term debt -€4,144
down €4,144 (-39.8%), from €10,422 to €6,278
- Other debts +€4,000
up €4,000 (+6.7%), from €60,000 to €64,000
- Trade debts -€2,751
down €2,751 (-90.4%), from €3,041 to €291
- Gross operating margin +€8,703
up €8,703 (+8.6%), from €101,421 to €110,124
- Taxes +€4,378
up €4,378 (+23.6%), from €18,572 to €22,950
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 | €132,354 | €133,967 | +€1,613 | +1.2% |
| Fixed assets | 21/28 | €26,863 | €20,007 | -€6,856 | -25.5% |
| Tangible fixed assets | 22/27 | €26,613 | €19,757 | -€6,856 | -25.8% |
| Plant, machinery and equipment | 23 | €944 | €605 | -€339 | -35.9% |
| Furniture and vehicles | 24 | €24,784 | €18,438 | -€6,346 | -25.6% |
| Other tangible fixed assets | 26 | €885 | €714 | -€170 | -19.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €105,492 | €113,960 | +€8,468 | +8.0% |
| Amounts receivable after more than one year | 29 | €28,000 | €14,000 | -€14,000 | -50.0% |
| Other amounts receivable | 291 | €28,000 | €14,000 | -€14,000 | -50.0% |
| Stocks and contracts in progress | 3 | €19,250 | €20,679 | +€1,429 | +7.4% |
| Stocks | 30/36 | €19,250 | €20,679 | +€1,429 | +7.4% |
| Amounts receivable within one year | 40/41 | €32,484 | €43,142 | +€10,658 | +32.8% |
| Trade receivables | 40 | €26,285 | €37,571 | +€11,286 | +42.9% |
| Other amounts receivable | 41 | €6,199 | €5,572 | -€628 | -10.1% |
| Cash at bank and in hand | 54/58 | €22,161 | €34,394 | +€12,232 | +55.2% |
| Deferred charges and accrued income | 490/1 | €3,596 | €1,745 | -€1,851 | -51.5% |
| Total equity and liabilities | 10/49 | €132,354 | €133,967 | +€1,613 | +1.2% |
| Equity | 10/15 | €37,487 | €49,394 | +€11,907 | +31.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,887 | €30,794 | +€11,907 | +63.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,027 | €28,934 | +€11,907 | +69.9% |
| Amounts payable | 17/49 | €94,867 | €84,573 | -€10,294 | -10.9% |
| Amounts payable after more than one year | 17 | €6,278 | - | -€6,278 | |
| Financial debts | 170/4 | €6,278 | - | -€6,278 | |
| Amounts payable within one year | 42/48 | €88,589 | €84,426 | -€4,163 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €10,422 | €6,278 | -€4,144 | -39.8% |
| Trade debts | 44 | €3,041 | €291 | -€2,751 | -90.4% |
| Suppliers | 440/4 | €3,041 | €291 | -€2,751 | -90.4% |
| Taxes, remuneration and social security | 45 | €15,125 | €13,857 | -€1,268 | -8.4% |
| Taxes | 450/3 | €15,125 | €13,857 | -€1,268 | -8.4% |
| Other amounts payable | 47/48 | €60,000 | €64,000 | +€4,000 | +6.7% |
| Accrued charges and deferred income | 492/3 | - | €147 | +€147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,708 | €11,264 | +€556 | +5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15 | - | +€15 | |
| Other operating charges | 640/8 | €949 | €694 | -€255 | -26.9% |
| Gross operating margin | 9900 | €101,421 | €110,124 | +€8,703 | +8.6% |
| Operating profit (loss) | 9901 | €89,779 | €98,166 | +€8,387 | +9.3% |
| Financial income | 75/76B | €1,939 | €1,350 | -€589 | -30.4% |
| Recurring financial income | 75 | €1,939 | €1,350 | -€589 | -30.4% |
| Financial charges | 65/66B | €1,311 | €660 | -€651 | -49.6% |
| Recurring financial charges | 65 | €1,311 | €660 | -€651 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €90,407 | €98,856 | +€8,449 | +9.3% |
| Income taxes | 67/77 | €18,572 | €22,950 | +€4,378 | +23.6% |
| Profit (loss) for the period | 9904 | €71,836 | €75,907 | +€4,071 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,836 | €75,907 | +€4,071 | +5.7% |
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 29 September 2026 via checked.be.