Projekt 2000: 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.
Projekt 2000
Largest movements
- Tangible fixed assets -€78,782
down €78,782 (-6.4%), from €1.2m to €1.1m
of which Land and buildings: -€68,022
- Profit (loss) carried forward -€64,603
down €64,603 (-43.1%), from -€149,870 to -€214,473
- Debts after one year -€35,507
down €35,507 (-12.5%), from €284,059 to €248,552
- Gross operating margin -€29,701
down €29,701 (-29.2%), from €101,561 to €71,860
- Turnover -€18,112
down €18,112 (-9.2%), from €195,853 to €177,741
- Other operating charges +€12,180
up €12,180 (+30.0%), from €40,648 to €52,828
- Purchases and services +€5,719
up €5,719 (+5.1%), from €112,514 to €118,233
- Write-downs -€5,364
no longer reported in 2025 (was €5,364)
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 | €1,498,069 | €1,399,182 | -€98,887 | -6.6% |
| Fixed assets | 21/28 | €1,224,666 | €1,145,884 | -€78,782 | -6.4% |
| Tangible fixed assets | 22/27 | €1,224,666 | €1,145,884 | -€78,782 | -6.4% |
| Land and buildings | 22 | €1,173,079 | €1,105,057 | -€68,022 | -5.8% |
| Plant, machinery and equipment | 23 | €1,477 | €739 | -€738 | -50.0% |
| Furniture and vehicles | 24 | €50,110 | €40,088 | -€10,022 | -20.0% |
| Current assets | 29/58 | €273,403 | €253,298 | -€20,105 | -7.4% |
| Amounts receivable within one year | 40/41 | €34,318 | €30,641 | -€3,677 | -10.7% |
| Trade receivables | 40 | €34,318 | €30,641 | -€3,677 | -10.7% |
| Cash at bank and in hand | 54/58 | €226,840 | €220,010 | -€6,830 | -3.0% |
| Deferred charges and accrued income | 490/1 | €12,245 | €2,647 | -€9,598 | -78.4% |
| Total equity and liabilities | 10/49 | €1,498,069 | €1,399,182 | -€98,887 | -6.6% |
| Equity | 10/15 | €1,125,581 | €1,055,890 | -€69,691 | -6.2% |
| Reserves | 13 | €1,194,053 | €1,194,053 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,870 | -€214,473 | -€64,603 | -43.1% |
| Investment grants | 15 | €81,398 | €76,310 | -€5,088 | -6.3% |
| Provisions and deferred taxes | 16 | €29,799 | €22,534 | -€7,265 | -24.4% |
| Provisions for liabilities and charges | 160/5 | €29,799 | €22,534 | -€7,265 | -24.4% |
| Major repairs and maintenance | 162 | €29,799 | €22,534 | -€7,265 | -24.4% |
| Amounts payable | 17/49 | €342,689 | €320,758 | -€21,931 | -6.4% |
| Amounts payable after more than one year | 17 | €284,059 | €248,552 | -€35,507 | -12.5% |
| Financial debts | 170/4 | €284,059 | €248,552 | -€35,507 | -12.5% |
| Amounts payable within one year | 42/48 | €58,630 | €70,668 | +€12,038 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €35,507 | €35,507 | = | 0.0% |
| Trade debts | 44 | €23,123 | €35,161 | +€12,038 | +52.1% |
| Suppliers | 440/4 | €23,123 | €35,161 | +€12,038 | +52.1% |
| Accrued charges and deferred income | 492/3 | - | €1,538 | +€1,538 | |
| Turnover | 70 | €195,853 | €177,741 | -€18,112 | -9.2% |
| Non-recurring operating income | 76A | €13,135 | €7,265 | -€5,870 | -44.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €112,514 | €118,233 | +€5,719 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,783 | €78,783 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,364 | - | -€5,364 | |
| Other operating charges | 640/8 | €40,648 | €52,828 | +€12,180 | +30.0% |
| Gross operating margin | 9900 | €101,561 | €71,860 | -€29,701 | -29.2% |
| Operating profit (loss) | 9901 | -€28,234 | -€59,751 | -€31,517 | -111.6% |
| Financial income | 75/76B | €3,448 | €2,122 | -€1,326 | -38.5% |
| Recurring financial income | 75 | €3,448 | €2,122 | -€1,326 | -38.5% |
| Financial charges | 65/66B | €5,332 | €4,800 | -€532 | -10.0% |
| Recurring financial charges | 65 | €5,332 | €4,800 | -€532 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€30,118 | -€62,429 | -€32,311 | -107.3% |
| Income taxes | 67/77 | €2,732 | €2,174 | -€558 | -20.4% |
| Profit (loss) for the period | 9904 | -€32,850 | -€64,603 | -€31,753 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,850 | -€64,603 | -€31,753 | -96.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.