PROJIDEV: 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.
PROJIDEV
Largest movements
- Receivables within one year -€739,665
down €739,665 (-94.3%), from €784,417 to €44,752
of which Other amounts receivable: -€757,556
- Cash +€719,688
up €719,688 (+278.4%), from €258,526 to €978,214
mainly Receivables within one year (+€739,665) and Net result for the year (+€121,018)
- Tangible fixed assets +€92,961
up €92,961 (+941.8%), from €9,870 to €102,832
of which Furniture and vehicles: +€92,468
- Reserves +€89,642
up €89,642 (+1.2%), from €7.8m to €7.9m
of which Distributable reserves: +€89,642
- Financial income -€8.6m
down €8.6m (-98.2%), from €8.8m to €158,633
of which Non-recurring financial income: -€7.9m
- Financial charges -€1.0m
down €1.0m (-96.9%), from €1.1m to €33,258
of which Financial charges: -€1.0m
- Taxes -€719,974
down €719,974 (-93.3%), from €771,758 to €51,784
- Gross operating margin -€81,570
down €81,570 (-53.3%), from €153,153 to €71,583
- Depreciation -€2,119
down €2,119 (-8.5%), from €24,979 to €22,860
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 | €8,555,557 | €8,615,467 | +€59,911 | +0.7% |
| Fixed assets | 21/28 | €9,870 | €102,832 | +€92,961 | +941.8% |
| Tangible fixed assets | 22/27 | €9,870 | €102,832 | +€92,961 | +941.8% |
| Plant, machinery and equipment | 23 | - | €1,899 | +€1,899 | |
| Furniture and vehicles | 24 | €8,465 | €100,933 | +€92,468 | +1092.4% |
| Other tangible fixed assets | 26 | €716 | - | -€716 | |
| Assets under construction and advance payments | 27 | €690 | - | -€690 | |
| Current assets | 29/58 | €8,545,686 | €8,512,636 | -€33,051 | -0.4% |
| Amounts receivable within one year | 40/41 | €784,417 | €44,752 | -€739,665 | -94.3% |
| Trade receivables | 40 | €22,267 | €40,159 | +€17,891 | +80.3% |
| Other amounts receivable | 41 | €762,150 | €4,594 | -€757,556 | -99.4% |
| Current investments | 50/53 | €7,494,975 | €7,486,633 | -€8,342 | -0.1% |
| Cash at bank and in hand | 54/58 | €258,526 | €978,214 | +€719,688 | +278.4% |
| Deferred charges and accrued income | 490/1 | €7,768 | €3,036 | -€4,732 | -60.9% |
| Total equity and liabilities | 10/49 | €8,555,557 | €8,615,467 | +€59,911 | +0.7% |
| Equity | 10/15 | €7,813,580 | €7,903,222 | +€89,642 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,790,293 | €7,879,935 | +€89,642 | +1.2% |
| Non-distributable reserves | 130/1 | €10,860 | €10,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,860 | €10,860 | = | 0.0% |
| Distributable reserves | 133 | €7,779,433 | €7,869,075 | +€89,642 | +1.2% |
| Profit (loss) carried forward | 14 | €17,087 | €17,087 | +€0 | 0.0% |
| Amounts payable | 17/49 | €741,977 | €712,246 | -€29,731 | -4.0% |
| Amounts payable within one year | 42/48 | €741,672 | €708,399 | -€33,272 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €22,695 | - | -€22,695 | |
| Trade debts | 44 | €9,600 | €9,043 | -€557 | -5.8% |
| Suppliers | 440/4 | €9,600 | €9,043 | -€557 | -5.8% |
| Taxes, remuneration and social security | 45 | €698,168 | €693,917 | -€4,252 | -0.6% |
| Taxes | 450/3 | €698,168 | €693,917 | -€4,252 | -0.6% |
| Other amounts payable | 47/48 | €11,209 | €5,440 | -€5,769 | -51.5% |
| Accrued charges and deferred income | 492/3 | €305 | €3,846 | +€3,541 | +1159.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,979 | €22,860 | -€2,119 | -8.5% |
| Other operating charges | 640/8 | €2,003 | €1,296 | -€707 | -35.3% |
| Gross operating margin | 9900 | €153,153 | €71,583 | -€81,570 | -53.3% |
| Operating profit (loss) | 9901 | €126,172 | €47,427 | -€78,744 | -62.4% |
| Financial income | 75/76B | €8,808,307 | €158,633 | -€8.6m | -98.2% |
| Recurring financial income | 75 | €887,935 | €158,633 | -€729,302 | -82.1% |
| Non-recurring financial income | 76B | €7,920,372 | - | -€7.9m | |
| Financial charges | 65/66B | €1,057,533 | €33,258 | -€1.0m | -96.9% |
| Recurring financial charges | 65 | €1,055,733 | €33,258 | -€1.0m | -96.8% |
| Non-recurring financial charges | 66B | €1,800 | - | -€1,800 | |
| Profit (loss) for the period before taxes | 9903 | €7,876,946 | €172,802 | -€7.7m | -97.8% |
| Income taxes | 67/77 | €771,758 | €51,784 | -€719,974 | -93.3% |
| Profit (loss) for the period | 9904 | €7,105,188 | €121,018 | -€7.0m | -98.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,105,188 | €121,018 | -€7.0m | -98.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.