Projekt Group: 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.
Projekt Group
Largest movements
- Receivables within one year +€63,461
up €63,461 (+41.8%), from €151,887 to €215,348
of which Trade receivables: +€68,355
- Cash -€27,050
down €27,050 (-43.6%), from €62,090 to €35,040
mainly Receivables within one year (-€63,461) and Tax, wage and social debts (-€7,798)
- Trade debts +€31,537
up €31,537 (+59.1%), from €53,344 to €84,881
- Profit (loss) carried forward +€12,045
up €12,045 (+9.5%), from €126,819 to €138,864
- Tax, wage and social debts -€7,798
down €7,798 (-49.1%), from €15,871 to €8,073
of which Remuneration and social security: -€5,750
- Gross operating margin -€9,910
down €9,910 (-37.4%), from €26,469 to €16,559
- Depreciation -€4,316
down €4,316 (-69.6%), from €6,197 to €1,881
- Taxes -€2,049
down €2,049 (-35.8%), from €5,721 to €3,672
- Financial income +€344
up €344 (+23.2%), from €1,483 to €1,827
- Other operating charges -€344
down €344 (-35.7%), from €963 to €619
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.
Derived cash bridge
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 | €216,494 | €252,278 | +€35,784 | +16.5% |
| Fixed assets | 21/28 | €1,504 | €1,711 | +€207 | +13.7% |
| Tangible fixed assets | 22/27 | €1,295 | €1,502 | +€207 | +15.9% |
| Furniture and vehicles | 24 | €1,295 | €1,502 | +€207 | +15.9% |
| Financial fixed assets | 28 | €209 | €209 | = | 0.0% |
| Current assets | 29/58 | €214,990 | €250,567 | +€35,577 | +16.5% |
| Amounts receivable within one year | 40/41 | €151,887 | €215,348 | +€63,461 | +41.8% |
| Trade receivables | 40 | €105,214 | €173,569 | +€68,355 | +65.0% |
| Other amounts receivable | 41 | €46,673 | €41,779 | -€4,894 | -10.5% |
| Cash at bank and in hand | 54/58 | €62,090 | €35,040 | -€27,050 | -43.6% |
| Deferred charges and accrued income | 490/1 | €1,013 | €179 | -€834 | -82.3% |
| Total equity and liabilities | 10/49 | €216,494 | €252,278 | +€35,784 | +16.5% |
| Equity | 10/15 | €147,279 | €159,324 | +€12,045 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €126,819 | €138,864 | +€12,045 | +9.5% |
| Amounts payable | 17/49 | €69,215 | €92,954 | +€23,739 | +34.3% |
| Amounts payable within one year | 42/48 | €69,215 | €92,954 | +€23,739 | +34.3% |
| Trade debts | 44 | €53,344 | €84,881 | +€31,537 | +59.1% |
| Suppliers | 440/4 | €53,344 | €84,881 | +€31,537 | +59.1% |
| Taxes, remuneration and social security | 45 | €15,871 | €8,073 | -€7,798 | -49.1% |
| Taxes | 450/3 | €5,721 | €3,673 | -€2,048 | -35.8% |
| Remuneration and social security | 454/9 | €10,150 | €4,400 | -€5,750 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,197 | €1,881 | -€4,316 | -69.6% |
| Other operating charges | 640/8 | €963 | €619 | -€344 | -35.7% |
| Gross operating margin | 9900 | €26,469 | €16,559 | -€9,910 | -37.4% |
| Operating profit (loss) | 9901 | €19,310 | €14,059 | -€5,251 | -27.2% |
| Financial income | 75/76B | €1,483 | €1,827 | +€344 | +23.2% |
| Recurring financial income | 75 | €1,483 | €1,827 | +€344 | +23.2% |
| Financial charges | 65/66B | €181 | €169 | -€12 | -6.4% |
| Recurring financial charges | 65 | €181 | €169 | -€12 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €20,612 | €15,717 | -€4,895 | -23.7% |
| Income taxes | 67/77 | €5,721 | €3,672 | -€2,049 | -35.8% |
| Profit (loss) for the period | 9904 | €14,891 | €12,045 | -€2,846 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,891 | €12,045 | -€2,846 | -19.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.