PROJUICE: 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.
PROJUICE
Largest movements
- Current investments +€125,000
new in 2025: €125,000
- Tangible fixed assets -€58,089
down €58,089 (-12.2%), from €475,456 to €417,367
of which Land and buildings: -€38,055
- Cash -€40,275
down €40,275 (-33.0%), from €122,114 to €81,839
mainly Current investments (-€125,000) and Debts after one year (-€12,824)
- Receivables within one year -€8,831
down €8,831 (-6.4%), from €138,448 to €129,617
of which Other amounts receivable: -€14,676
- Trade debts +€24,242
up €24,242 (+36.4%), from €66,597 to €90,839
- Debts after one year -€12,824
down €12,824 (-7.7%), from €165,641 to €152,817
- Gross operating margin -€203,293
down €203,293 (-71.3%), from €285,287 to €81,994
- Taxes -€55,094
down €55,094 (-96.0%), from €57,405 to €2,311
- Financial charges -€27,243
down €27,243 (-77.4%), from €35,202 to €7,959
- Other operating charges -€3,491
down €3,491 (-36.0%), from €9,701 to €6,210
- Depreciation -€3,156
down €3,156 (-4.8%), from €65,545 to €62,389
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 | €745,733 | €763,483 | +€17,750 | +2.4% |
| Fixed assets | 21/28 | €475,456 | €417,367 | -€58,089 | -12.2% |
| Tangible fixed assets | 22/27 | €475,456 | €417,367 | -€58,089 | -12.2% |
| Land and buildings | 22 | €394,114 | €356,059 | -€38,055 | -9.7% |
| Plant, machinery and equipment | 23 | €12,467 | €10,012 | -€2,455 | -19.7% |
| Furniture and vehicles | 24 | €68,875 | €51,296 | -€17,579 | -25.5% |
| Current assets | 29/58 | €270,277 | €346,116 | +€75,839 | +28.1% |
| Amounts receivable within one year | 40/41 | €138,448 | €129,617 | -€8,831 | -6.4% |
| Trade receivables | 40 | €122,900 | €128,745 | +€5,845 | +4.8% |
| Other amounts receivable | 41 | €15,548 | €872 | -€14,676 | -94.4% |
| Current investments | 50/53 | - | €125,000 | +€125,000 | |
| Cash at bank and in hand | 54/58 | €122,114 | €81,839 | -€40,275 | -33.0% |
| Deferred charges and accrued income | 490/1 | €9,715 | €9,660 | -€55 | -0.6% |
| Total equity and liabilities | 10/49 | €745,733 | €763,483 | +€17,750 | +2.4% |
| Equity | 10/15 | €450,691 | €454,486 | +€3,795 | +0.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €310,279 | €314,029 | +€3,750 | +1.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,420 | €16,420 | = | 0.0% |
| Distributable reserves | 133 | €292,000 | €295,750 | +€3,750 | +1.3% |
| Profit (loss) carried forward | 14 | €134,215 | €134,260 | +€45 | 0.0% |
| Amounts payable | 17/49 | €295,042 | €308,997 | +€13,955 | +4.7% |
| Amounts payable after more than one year | 17 | €165,641 | €152,817 | -€12,824 | -7.7% |
| Financial debts | 170/4 | €165,641 | €152,817 | -€12,824 | -7.7% |
| Amounts payable within one year | 42/48 | €129,401 | €156,180 | +€26,779 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €30,436 | €36,721 | +€6,285 | +20.6% |
| Trade debts | 44 | €66,597 | €90,839 | +€24,242 | +36.4% |
| Suppliers | 440/4 | €66,597 | €90,839 | +€24,242 | +36.4% |
| Taxes, remuneration and social security | 45 | €27,360 | €23,836 | -€3,524 | -12.9% |
| Taxes | 450/3 | €27,360 | €23,836 | -€3,524 | -12.9% |
| Other amounts payable | 47/48 | €5,008 | €4,784 | -€224 | -4.5% |
| Non-recurring operating income | 76A | €3,748 | €2,250 | -€1,498 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,545 | €62,389 | -€3,156 | -4.8% |
| Other operating charges | 640/8 | €9,701 | €6,210 | -€3,491 | -36.0% |
| Gross operating margin | 9900 | €285,287 | €81,994 | -€203,293 | -71.3% |
| Operating profit (loss) | 9901 | €210,041 | €13,395 | -€196,646 | -93.6% |
| Financial income | 75/76B | €160 | €670 | +€510 | +318.8% |
| Recurring financial income | 75 | €160 | €670 | +€510 | +318.8% |
| Financial charges | 65/66B | €35,202 | €7,959 | -€27,243 | -77.4% |
| Recurring financial charges | 65 | €35,202 | €7,959 | -€27,243 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €174,999 | €6,106 | -€168,893 | -96.5% |
| Income taxes | 67/77 | €57,405 | €2,311 | -€55,094 | -96.0% |
| Profit (loss) for the period | 9904 | €117,594 | €3,795 | -€113,799 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €117,594 | €3,795 | -€113,799 | -96.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.