PROJET HOME: 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.
PROJET HOME
Largest movements
- Receivables within one year -€5,792
down €5,792 (-77.9%), from €7,431 to €1,639
of which Trade receivables: -€4,068
- Cash -€1,530
down €1,530 (-15.7%), from €9,773 to €8,243
mainly Other debts (-€5,715) and Net result for the year (-€2,349)
- Tangible fixed assets -€627
down €627 (-9.8%), from €6,427 to €5,800
- Other debts -€5,715
down €5,715 (-8.8%), from €64,812 to €59,097
- Profit (loss) carried forward -€2,349
down €2,349 (-3.7%), from -€62,959 to -€65,308
- Trade debts -€804
down €804 (-68.5%), from €1,173 to €369
- Accrued charges and deferred income +€648
new in 2024: €648
- Tax, wage and social debts +€271
up €271 (+123%), from €220 to €491
- Other operating charges -€1,366
down €1,366 (-84.7%), from €1,613 to €247
- Gross operating margin +€1,068
up €1,068 (+27.4%), from €3,902 to €4,970
- Financial charges +€860
up €860 (+454%), from €190 to €1,050
- Depreciation -€851
down €851 (-57.6%), from €1,478 to €627
- Staff costs +€90
up €90 (+1.7%), from €5,306 to €5,396
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,706 | €15,756 | -€7,950 | -33.5% |
| Fixed assets | 21/28 | €6,502 | €5,875 | -€627 | -9.6% |
| Tangible fixed assets | 22/27 | €6,427 | €5,800 | -€627 | -9.8% |
| Furniture and vehicles | 24 | €6,427 | €5,800 | -€627 | -9.8% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €17,204 | €9,881 | -€7,322 | -42.6% |
| Amounts receivable within one year | 40/41 | €7,431 | €1,639 | -€5,792 | -77.9% |
| Trade receivables | 40 | €4,068 | - | -€4,068 | |
| Other amounts receivable | 41 | €3,362 | €1,639 | -€1,724 | -51.3% |
| Cash at bank and in hand | 54/58 | €9,773 | €8,243 | -€1,530 | -15.7% |
| Total equity and liabilities | 10/49 | €23,706 | €15,756 | -€7,950 | -33.5% |
| Equity | 10/15 | -€42,499 | -€44,848 | -€2,349 | -5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,959 | -€65,308 | -€2,349 | -3.7% |
| Amounts payable | 17/49 | €66,204 | €60,604 | -€5,600 | -8.5% |
| Amounts payable within one year | 42/48 | €66,204 | €59,956 | -€6,248 | -9.4% |
| Trade debts | 44 | €1,173 | €369 | -€804 | -68.5% |
| Suppliers | 440/4 | €1,173 | €369 | -€804 | -68.5% |
| Taxes, remuneration and social security | 45 | €220 | €491 | +€271 | +123% |
| Remuneration and social security | 454/9 | €220 | €491 | +€271 | +123% |
| Other amounts payable | 47/48 | €64,812 | €59,097 | -€5,715 | -8.8% |
| Accrued charges and deferred income | 492/3 | - | €648 | +€648 | |
| Remuneration, social security and pensions | 62 | €5,306 | €5,396 | +€90 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,478 | €627 | -€851 | -57.6% |
| Other operating charges | 640/8 | €1,613 | €247 | -€1,366 | -84.7% |
| Gross operating margin | 9900 | €3,902 | €4,970 | +€1,068 | +27.4% |
| Operating profit (loss) | 9901 | -€4,494 | -€1,300 | +€3,194 | +71.1% |
| Financial charges | 65/66B | €190 | €1,050 | +€860 | +454% |
| Recurring financial charges | 65 | €190 | €1,050 | +€860 | +454% |
| Profit (loss) for the period before taxes | 9903 | -€4,684 | -€2,349 | +€2,335 | +49.8% |
| Profit (loss) for the period | 9904 | -€4,684 | -€2,349 | +€2,335 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,684 | -€2,349 | +€2,335 | +49.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.