PROJINFO: 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.
PROJINFO
Largest movements
- Current investments +€24,493
up €24,493 (+14.8%), from €165,603 to €190,096
- Cash +€9,676
up €9,676 (+3.4%), from €285,769 to €295,445
mainly Net result for the year (+€73,297) and Depreciation (+€8,413)
- Tangible fixed assets -€7,794
down €7,794 (-23.1%), from €33,722 to €25,928
- Reserves +€70,000
up €70,000 (+19.8%), from €353,860 to €423,860
- Other debts -€45,000
down €45,000 (-64.3%), from €70,000 to €25,000
- Financial charges -€11,403
down €11,403 (-99.1%), from €11,510 to €107
- Gross operating margin -€9,907
down €9,907 (-8.8%), from €112,134 to €102,227
- Taxes -€2,653
down €2,653 (-8.8%), from €30,062 to €27,409
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 | €505,049 | €532,055 | +€27,006 | +5.3% |
| Fixed assets | 21/28 | €33,778 | €25,984 | -€7,794 | -23.1% |
| Tangible fixed assets | 22/27 | €33,722 | €25,928 | -€7,794 | -23.1% |
| Furniture and vehicles | 24 | €33,722 | €25,928 | -€7,794 | -23.1% |
| Financial fixed assets | 28 | €56 | €56 | = | 0.0% |
| Current assets | 29/58 | €471,271 | €506,072 | +€34,800 | +7.4% |
| Amounts receivable within one year | 40/41 | €19,462 | €20,094 | +€631 | +3.2% |
| Trade receivables | 40 | €17,462 | €16,794 | -€669 | -3.8% |
| Other amounts receivable | 41 | €2,000 | €3,300 | +€1,300 | +65.0% |
| Current investments | 50/53 | €165,603 | €190,096 | +€24,493 | +14.8% |
| Cash at bank and in hand | 54/58 | €285,769 | €295,445 | +€9,676 | +3.4% |
| Deferred charges and accrued income | 490/1 | €437 | €437 | = | 0.0% |
| Total equity and liabilities | 10/49 | €505,049 | €532,055 | +€27,006 | +5.3% |
| Equity | 10/15 | €430,475 | €503,772 | +€73,297 | +17.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €353,860 | €423,860 | +€70,000 | +19.8% |
| Distributable reserves | 133 | €353,860 | €423,860 | +€70,000 | +19.8% |
| Profit (loss) carried forward | 14 | €58,015 | €61,312 | +€3,297 | +5.7% |
| Amounts payable | 17/49 | €74,574 | €28,283 | -€46,291 | -62.1% |
| Amounts payable within one year | 42/48 | €74,574 | €28,283 | -€46,291 | -62.1% |
| Trade debts | 44 | €687 | €626 | -€61 | -8.8% |
| Suppliers | 440/4 | €687 | €626 | -€61 | -8.8% |
| Taxes, remuneration and social security | 45 | €3,887 | €2,657 | -€1,230 | -31.6% |
| Taxes | 450/3 | €3,887 | €2,657 | -€1,230 | -31.6% |
| Other amounts payable | 47/48 | €70,000 | €25,000 | -€45,000 | -64.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,570 | €8,413 | +€843 | +11.1% |
| Other operating charges | 640/8 | €422 | €252 | -€171 | -40.5% |
| Gross operating margin | 9900 | €112,134 | €102,227 | -€9,907 | -8.8% |
| Operating profit (loss) | 9901 | €104,141 | €93,562 | -€10,579 | -10.2% |
| Financial income | 75/76B | €7,877 | €7,251 | -€626 | -7.9% |
| Recurring financial income | 75 | €7,877 | €7,251 | -€626 | -7.9% |
| Financial charges | 65/66B | €11,510 | €107 | -€11,403 | -99.1% |
| Recurring financial charges | 65 | €11,510 | €107 | -€11,403 | -99.1% |
| Profit (loss) for the period before taxes | 9903 | €100,508 | €100,707 | +€198 | +0.2% |
| Income taxes | 67/77 | €30,062 | €27,409 | -€2,653 | -8.8% |
| Profit (loss) for the period | 9904 | €70,446 | €73,297 | +€2,851 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €70,446 | €73,297 | +€2,851 | +4.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.