Projexx60: 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.
Projexx60
Largest movements
- Cash +€21,088
up €21,088 (+29.4%), from €71,752 to €92,840
mainly Net result for the year (+€60,450) and Depreciation (+€2,825)
- Receivables within one year +€20,282
up €20,282 (+187%), from €10,825 to €31,107
of which Other amounts receivable: +€10,948
- Tangible fixed assets +€2,186
up €2,186 (+140%), from €1,563 to €3,749
of which Furniture and vehicles: +€2,803
- Intangible fixed assets -€1,748
down €1,748 (-99.4%), from €1,759 to €11
- Profit (loss) carried forward +€60,450
up €60,450 (+135%), from €44,665 to €105,115
- Tax, wage and social debts -€14,122
down €14,122 (-59.3%), from €23,823 to €9,701
- Other debts -€4,649
no longer reported in 2025 (was €4,649)
- Gross operating margin -€3,627
down €3,627 (-4.1%), from €87,567 to €83,940
- Taxes +€3,290
up €3,290 (+19.5%), from €16,874 to €20,164
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 | €85,899 | €127,707 | +€41,808 | +48.7% |
| Fixed assets | 21/28 | €3,323 | €3,760 | +€437 | +13.2% |
| Intangible fixed assets | 21 | €1,759 | €11 | -€1,748 | -99.4% |
| Tangible fixed assets | 22/27 | €1,563 | €3,749 | +€2,186 | +140% |
| Plant, machinery and equipment | 23 | €1,563 | €946 | -€618 | -39.5% |
| Furniture and vehicles | 24 | - | €2,803 | +€2,803 | |
| Current assets | 29/58 | €82,576 | €123,946 | +€41,370 | +50.1% |
| Amounts receivable within one year | 40/41 | €10,825 | €31,107 | +€20,282 | +187% |
| Trade receivables | 40 | €10,825 | €20,159 | +€9,334 | +86.2% |
| Other amounts receivable | 41 | - | €10,948 | +€10,948 | |
| Cash at bank and in hand | 54/58 | €71,752 | €92,840 | +€21,088 | +29.4% |
| Total equity and liabilities | 10/49 | €85,899 | €127,707 | +€41,808 | +48.7% |
| Equity | 10/15 | €57,165 | €117,615 | +€60,450 | +106% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,665 | €105,115 | +€60,450 | +135% |
| Amounts payable | 17/49 | €28,734 | €10,091 | -€18,643 | -64.9% |
| Amounts payable within one year | 42/48 | €28,734 | €10,091 | -€18,643 | -64.9% |
| Trade debts | 44 | €262 | €390 | +€128 | +48.8% |
| Suppliers | 440/4 | €262 | €390 | +€128 | +48.8% |
| Taxes, remuneration and social security | 45 | €23,823 | €9,701 | -€14,122 | -59.3% |
| Taxes | 450/3 | €23,823 | €9,701 | -€14,122 | -59.3% |
| Other amounts payable | 47/48 | €4,649 | - | -€4,649 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,279 | €2,825 | +€546 | +23.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €87,567 | €83,940 | -€3,627 | -4.1% |
| Operating profit (loss) | 9901 | €84,782 | €80,595 | -€4,187 | -4.9% |
| Financial income | 75/76B | - | €213 | +€213 | |
| Recurring financial income | 75 | - | €213 | +€213 | |
| Financial charges | 65/66B | €165 | €194 | +€29 | +17.6% |
| Recurring financial charges | 65 | €165 | €194 | +€29 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €84,618 | €80,614 | -€4,003 | -4.7% |
| Income taxes | 67/77 | €16,874 | €20,164 | +€3,290 | +19.5% |
| Profit (loss) for the period | 9904 | €67,743 | €60,450 | -€7,293 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €67,743 | €60,450 | -€7,293 | -10.8% |
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 18 October 2026 via checked.be.