PS_PROJET 18: 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.
PS_PROJET 18
Largest movements
- Receivables within one year +€38,275
up €38,275 (+34.6%), from €110,606 to €148,881
of which Trade receivables: +€42,653
- Cash -€25,353
down €25,353 (-88.9%), from €28,518 to €3,166
mainly Receivables within one year (-€38,275) and Debts after one year (-€8,351)
- Profit (loss) carried forward +€14,992
up €14,992 (+17.8%), from €84,277 to €99,269
- Debts after one year -€8,351
no longer reported in 2024 (was €8,351)
- Trade debts +€4,994
up €4,994 (+49.2%), from €10,143 to €15,136
- Current portion of long-term debt +€4,098
up €4,098 (+102%), from €4,000 to €8,098
- Tax, wage and social debts -€2,811
down €2,811 (-23.3%), from €12,043 to €9,233
- Taxes -€1,172
down €1,172 (-22.4%), from €5,242 to €4,070
- Other operating charges -€653
no longer reported in 2024 (was €653)
- Depreciation -€529
no longer reported in 2024 (was €529)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,275 | €152,197 | +€12,922 | +9.3% |
| Fixed assets | 21/28 | €150 | €150 | +€0 | +0.1% |
| Tangible fixed assets | 22/27 | - | €0 | +€0 | |
| Furniture and vehicles | 24 | - | €0 | +€0 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €139,125 | €152,047 | +€12,922 | +9.3% |
| Amounts receivable within one year | 40/41 | €110,606 | €148,881 | +€38,275 | +34.6% |
| Trade receivables | 40 | €99,176 | €141,829 | +€42,653 | +43.0% |
| Other amounts receivable | 41 | €11,430 | €7,052 | -€4,378 | -38.3% |
| Cash at bank and in hand | 54/58 | €28,518 | €3,166 | -€25,353 | -88.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | -€0 | |
| Total equity and liabilities | 10/49 | €139,275 | €152,197 | +€12,922 | +9.3% |
| Equity | 10/15 | €104,737 | €119,729 | +€14,992 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,277 | €99,269 | +€14,992 | +17.8% |
| Amounts payable | 17/49 | €34,537 | €32,467 | -€2,070 | -6.0% |
| Amounts payable after more than one year | 17 | €8,351 | - | -€8,351 | |
| Financial debts | 170/4 | €8,351 | - | -€8,351 | |
| Amounts payable within one year | 42/48 | €26,186 | €32,467 | +€6,281 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €4,000 | €8,098 | +€4,098 | +102% |
| Trade debts | 44 | €10,143 | €15,136 | +€4,994 | +49.2% |
| Suppliers | 440/4 | €10,143 | €15,136 | +€4,994 | +49.2% |
| Taxes, remuneration and social security | 45 | €12,043 | €9,233 | -€2,811 | -23.3% |
| Taxes | 450/3 | €12,043 | €9,233 | -€2,811 | -23.3% |
| Non-recurring operating income | 76A | - | €5,156 | +€5,156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | - | -€529 | |
| Other operating charges | 640/8 | €653 | - | -€653 | |
| Gross operating margin | 9900 | €20,448 | €20,269 | -€179 | -0.9% |
| Operating profit (loss) | 9901 | €19,267 | €20,269 | +€1,002 | +5.2% |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €1,196 | €1,207 | +€11 | +0.9% |
| Recurring financial charges | 65 | €1,196 | €1,207 | +€11 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €18,082 | €19,062 | +€980 | +5.4% |
| Income taxes | 67/77 | €5,242 | €4,070 | -€1,172 | -22.4% |
| Profit (loss) for the period | 9904 | €12,840 | €14,992 | +€2,153 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,840 | €14,992 | +€2,153 | +16.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.