projetech: 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.
projetech
Largest movements
- Receivables within one year +€39,587
up €39,587 (+62.0%), from €63,890 to €103,478
of which Trade receivables: +€40,239
- Cash -€10,179
down €10,179 (-10.8%), from €94,677 to €84,499
mainly Receivables within one year (-€39,587) and Trade debts (-€11,676)
- Deferred charges and accrued income +€2,704
up €2,704 (+41.9%), from €6,457 to €9,161
- Tax, wage and social debts +€54,711
up €54,711 (+105%), from €52,218 to €106,929
of which Taxes: +€41,007
- Trade debts -€11,676
down €11,676 (-82.5%), from €14,154 to €2,478
- Profit (loss) carried forward -€9,726
down €9,726 (-18.3%), from -€53,100 to -€62,825
- Gross operating margin +€49,280
up €49,280 (+9.7%), from €509,261 to €558,541
- Staff costs +€35,243
up €35,243 (+6.8%), from €519,081 to €554,325
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 | €171,095 | €203,725 | +€32,630 | +19.1% |
| Fixed assets | 21/28 | €6,071 | €6,587 | +€517 | +8.5% |
| Tangible fixed assets | 22/27 | €5,272 | €5,788 | +€517 | +9.8% |
| Furniture and vehicles | 24 | €5,272 | €5,788 | +€517 | +9.8% |
| Financial fixed assets | 28 | €799 | €799 | = | 0.0% |
| Current assets | 29/58 | €165,024 | €197,137 | +€32,113 | +19.5% |
| Amounts receivable within one year | 40/41 | €63,890 | €103,478 | +€39,587 | +62.0% |
| Trade receivables | 40 | €41,740 | €81,979 | +€40,239 | +96.4% |
| Other amounts receivable | 41 | €22,150 | €21,499 | -€652 | -2.9% |
| Cash at bank and in hand | 54/58 | €94,677 | €84,499 | -€10,179 | -10.8% |
| Deferred charges and accrued income | 490/1 | €6,457 | €9,161 | +€2,704 | +41.9% |
| Total equity and liabilities | 10/49 | €171,095 | €203,725 | +€32,630 | +19.1% |
| Equity | 10/15 | €63,400 | €53,675 | -€9,726 | -15.3% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €97,000 | €97,000 | = | 0.0% |
| Distributable reserves | 133 | €97,000 | €97,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,100 | -€62,825 | -€9,726 | -18.3% |
| Amounts payable | 17/49 | €107,695 | €150,050 | +€42,355 | +39.3% |
| Amounts payable within one year | 42/48 | €107,695 | €150,050 | +€42,355 | +39.3% |
| Current portion of amounts payable after more than one year | 42 | €41,322 | €40,643 | -€679 | -1.6% |
| Trade debts | 44 | €14,154 | €2,478 | -€11,676 | -82.5% |
| Suppliers | 440/4 | €14,154 | €2,478 | -€11,676 | -82.5% |
| Taxes, remuneration and social security | 45 | €52,218 | €106,929 | +€54,711 | +105% |
| Taxes | 450/3 | €1,192 | €42,199 | +€41,007 | +3,441% |
| Remuneration and social security | 454/9 | €51,027 | €64,730 | +€13,703 | +26.9% |
| Remuneration, social security and pensions | 62 | €519,081 | €554,325 | +€35,243 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,165 | €3,640 | +€475 | +15.0% |
| Other operating charges | 640/8 | €1,149 | €1,229 | +€80 | +6.9% |
| Non-recurring operating charges | 66A | €1,071 | - | -€1,071 | |
| Gross operating margin | 9900 | €509,261 | €558,541 | +€49,280 | +9.7% |
| Operating profit (loss) | 9901 | -€15,205 | -€652 | +€14,553 | +95.7% |
| Financial income | 75/76B | €943 | €234 | -€708 | -75.2% |
| Recurring financial income | 75 | €943 | €234 | -€708 | -75.2% |
| Financial charges | 65/66B | €5,029 | €4,466 | -€563 | -11.2% |
| Recurring financial charges | 65 | €5,029 | €4,466 | -€563 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,292 | -€4,884 | +€14,408 | +74.7% |
| Income taxes | 67/77 | €801 | €4,841 | +€4,040 | +505% |
| Profit (loss) for the period | 9904 | -€20,093 | -€9,726 | +€10,367 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,093 | -€9,726 | +€10,367 | +51.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.