PROJET 922: 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.
PROJET 922
Largest movements
- Tangible fixed assets -€38,362
down €38,362 (-8.2%), from €469,930 to €431,568
- Debts after one year -€59,165
down €59,165 (-11.5%), from €516,069 to €456,904
- Profit (loss) carried forward +€16,273
up €16,273 (+8.3%), from -€196,739 to -€180,466
- Other debts +€9,458
up €9,458 (+15.9%), from €59,579 to €69,037
- Trade debts -€7,531
down €7,531 (-79.6%), from €9,458 to €1,928
- Gross operating margin -€6,101
down €6,101 (-8.0%), from €75,874 to €69,773
- Financial charges -€936
down €936 (-8.3%), from €11,264 to €10,327
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 | €470,930 | €431,568 | -€39,362 | -8.4% |
| Fixed assets | 21/28 | €469,930 | €431,568 | -€38,362 | -8.2% |
| Tangible fixed assets | 22/27 | €469,930 | €431,568 | -€38,362 | -8.2% |
| Land and buildings | 22 | €469,930 | €431,568 | -€38,362 | -8.2% |
| Current assets | 29/58 | €1,000 | €0 | -€1,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,000 | €0 | -€1,000 | -100.0% |
| Total equity and liabilities | 10/49 | €470,930 | €431,568 | -€39,362 | -8.4% |
| Equity | 10/15 | -€171,739 | -€155,466 | +€16,273 | +9.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,739 | -€180,466 | +€16,273 | +8.3% |
| Amounts payable | 17/49 | €642,669 | €587,034 | -€55,635 | -8.7% |
| Amounts payable after more than one year | 17 | €516,069 | €456,904 | -€59,165 | -11.5% |
| Financial debts | 170/4 | €516,069 | €456,904 | -€59,165 | -11.5% |
| Amounts payable within one year | 42/48 | €126,599 | €130,130 | +€3,531 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €57,562 | €59,165 | +€1,603 | +2.8% |
| Trade debts | 44 | €9,458 | €1,928 | -€7,531 | -79.6% |
| Suppliers | 440/4 | €9,458 | €1,928 | -€7,531 | -79.6% |
| Other amounts payable | 47/48 | €59,579 | €69,037 | +€9,458 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,362 | €38,362 | = | 0.0% |
| Other operating charges | 640/8 | €4,845 | €4,811 | -€34 | -0.7% |
| Gross operating margin | 9900 | €75,874 | €69,773 | -€6,101 | -8.0% |
| Operating profit (loss) | 9901 | €32,667 | €26,600 | -€6,067 | -18.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €11,264 | €10,327 | -€936 | -8.3% |
| Recurring financial charges | 65 | €11,264 | €10,327 | -€936 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €21,403 | €16,273 | -€5,130 | -24.0% |
| Profit (loss) for the period | 9904 | €21,403 | €16,273 | -€5,130 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,403 | €16,273 | -€5,130 | -24.0% |
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 8 October 2026 via checked.be.