PROJIMMO: 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.
PROJIMMO
Largest movements
- Tangible fixed assets -€44,935
down €44,935 (-5.9%), from €763,396 to €718,461
of which Leasing and similar rights: -€51,702
- Receivables within one year -€25,528
down €25,528 (-11.8%), from €215,636 to €190,107
of which Trade receivables: -€25,528
- Cash +€20,666
up €20,666 (+95.9%), from €21,544 to €42,210
mainly Depreciation (+€107,821) and Other debts (+€30,135)
- Debts after one year -€54,644
down €54,644 (-15.4%), from €355,133 to €300,489
- Other debts +€30,135
up €30,135 (+89.2%), from €33,767 to €63,902
- Gross operating margin +€18,917
up €18,917 (+10.5%), from €180,585 to €199,502
- Staff costs +€8,326
up €8,326 (+16.2%), from €51,520 to €59,845
- Other operating charges -€6,907
down €6,907 (-43.0%), from €16,064 to €9,157
- Taxes +€4,889
up €4,889 (+144.0%), from €3,395 to €8,284
- Depreciation -€4,627
down €4,627 (-4.1%), from €112,448 to €107,821
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 | €1,114,962 | €1,068,048 | -€46,914 | -4.2% |
| Fixed assets | 21/28 | €763,396 | €718,461 | -€44,935 | -5.9% |
| Tangible fixed assets | 22/27 | €763,396 | €718,461 | -€44,935 | -5.9% |
| Land and buildings | 22 | €460,056 | €436,576 | -€23,480 | -5.1% |
| Plant, machinery and equipment | 23 | €3,898 | €0 | -€3,898 | -100.0% |
| Furniture and vehicles | 24 | €23,699 | €57,844 | +€34,145 | +144.1% |
| Leasing and similar rights | 25 | €275,743 | €224,041 | -€51,702 | -18.8% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €351,566 | €349,587 | -€1,979 | -0.6% |
| Amounts receivable after more than one year | 29 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 291 | €2,500 | €2,500 | = | 0.0% |
| Stocks and contracts in progress | 3 | €100,000 | €100,000 | = | 0.0% |
| Stocks | 30/36 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €215,636 | €190,107 | -€25,528 | -11.8% |
| Trade receivables | 40 | €215,013 | €189,484 | -€25,528 | -11.9% |
| Other amounts receivable | 41 | €623 | €623 | = | 0.0% |
| Current investments | 50/53 | €5,799 | €5,325 | -€474 | -8.2% |
| Cash at bank and in hand | 54/58 | €21,544 | €42,210 | +€20,666 | +95.9% |
| Deferred charges and accrued income | 490/1 | €6,087 | €9,445 | +€3,358 | +55.2% |
| Total equity and liabilities | 10/49 | €1,114,962 | €1,068,048 | -€46,914 | -4.2% |
| Equity | 10/15 | €510,928 | €515,245 | +€4,317 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €492,328 | €496,645 | +€4,317 | +0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,641 | €54,641 | = | 0.0% |
| Distributable reserves | 133 | €435,826 | €440,143 | +€4,317 | +1.0% |
| Amounts payable | 17/49 | €604,034 | €552,803 | -€51,231 | -8.5% |
| Amounts payable after more than one year | 17 | €355,133 | €300,489 | -€54,644 | -15.4% |
| Financial debts | 170/4 | €355,133 | €300,489 | -€54,644 | -15.4% |
| Amounts payable within one year | 42/48 | €248,901 | €252,314 | +€3,414 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €76,315 | €66,734 | -€9,581 | -12.6% |
| Trade debts | 44 | €113,158 | €106,146 | -€7,012 | -6.2% |
| Suppliers | 440/4 | €113,158 | €106,146 | -€7,012 | -6.2% |
| Taxes, remuneration and social security | 45 | €25,661 | €15,533 | -€10,128 | -39.5% |
| Taxes | 450/3 | €16,408 | €7,384 | -€9,024 | -55.0% |
| Remuneration and social security | 454/9 | €9,253 | €8,149 | -€1,104 | -11.9% |
| Other amounts payable | 47/48 | €33,767 | €63,902 | +€30,135 | +89.2% |
| Remuneration, social security and pensions | 62 | €51,520 | €59,845 | +€8,326 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,448 | €107,821 | -€4,627 | -4.1% |
| Other operating charges | 640/8 | €16,064 | €9,157 | -€6,907 | -43.0% |
| Gross operating margin | 9900 | €180,585 | €199,502 | +€18,917 | +10.5% |
| Operating profit (loss) | 9901 | €553 | €22,679 | +€22,126 | +4001.8% |
| Financial income | 75/76B | €2 | €4 | +€3 | +150.6% |
| Recurring financial income | 75 | €2 | €4 | +€3 | +150.6% |
| Financial charges | 65/66B | €12,258 | €10,083 | -€2,175 | -17.7% |
| Recurring financial charges | 65 | €12,258 | €10,083 | -€2,175 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,703 | €12,600 | +€24,304 | |
| Income taxes | 67/77 | €3,395 | €8,284 | +€4,889 | +144.0% |
| Profit (loss) for the period | 9904 | -€15,098 | €4,317 | +€19,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,098 | €4,317 | +€19,415 |
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 12 October 2026 via checked.be.