Q3 PROJECTS: 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.
Q3 PROJECTS
Largest movements
- Receivables within one year -€1,813
down €1,813 (-3.8%), from €47,725 to €45,912
of which Trade receivables: -€1,775
- Profit (loss) carried forward -€8,968
down €8,968 (-2.7%), from -€327,401 to -€336,369
- Other debts +€7,922
up €7,922 (+8.1%), from €97,918 to €105,840
- Trade debts -€1,059
down €1,059 (-29.3%), from €3,608 to €2,549
- Gross operating margin -€18,619
down €18,619, from €14,478 to -€4,141
- Financial charges +€3,938
up €3,938 (+11498.8%), from €34 to €3,973
- Financial income +€347
new in 2024: €347
- Other operating charges +€303
up €303 (+33.8%), from €897 to €1,201
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.
Cash bridge derived
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 | €47,725 | €46,075 | -€1,650 | -3.5% |
| Current assets | 29/58 | €47,725 | €46,075 | -€1,650 | -3.5% |
| Amounts receivable within one year | 40/41 | €47,725 | €45,912 | -€1,813 | -3.8% |
| Trade receivables | 40 | €47,687 | €45,912 | -€1,775 | -3.7% |
| Other amounts receivable | 41 | €38 | - | -€38 | |
| Cash at bank and in hand | 54/58 | €0 | €163 | +€163 | +116314.3% |
| Total equity and liabilities | 10/49 | €47,725 | €46,075 | -€1,650 | -3.5% |
| Equity | 10/15 | -€308,801 | -€317,769 | -€8,968 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€327,401 | -€336,369 | -€8,968 | -2.7% |
| Amounts payable | 17/49 | €356,526 | €363,844 | +€7,318 | +2.1% |
| Amounts payable after more than one year | 17 | €255,000 | €255,000 | = | 0.0% |
| Other amounts payable | 178/9 | €255,000 | €255,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,526 | €108,844 | +€7,318 | +7.2% |
| Trade debts | 44 | €3,608 | €2,549 | -€1,059 | -29.3% |
| Suppliers | 440/4 | €3,608 | €2,549 | -€1,059 | -29.3% |
| Taxes, remuneration and social security | 45 | - | €454 | +€454 | |
| Taxes | 450/3 | - | €454 | +€454 | |
| Other amounts payable | 47/48 | €97,918 | €105,840 | +€7,922 | +8.1% |
| Other operating charges | 640/8 | €897 | €1,201 | +€303 | +33.8% |
| Non-recurring operating charges | 66A | €8,900 | - | -€8,900 | |
| Gross operating margin | 9900 | €14,478 | -€4,141 | -€18,619 | |
| Operating profit (loss) | 9901 | €4,681 | -€5,342 | -€10,023 | |
| Financial income | 75/76B | - | €347 | +€347 | |
| Recurring financial income | 75 | - | €347 | +€347 | |
| Financial charges | 65/66B | €34 | €3,973 | +€3,938 | +11498.8% |
| Recurring financial charges | 65 | €34 | €3,973 | +€3,938 | +11498.8% |
| Profit (loss) for the period before taxes | 9903 | €4,646 | -€8,968 | -€13,614 | |
| Profit (loss) for the period | 9904 | €4,646 | -€8,968 | -€13,614 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,646 | -€8,968 | -€13,614 |
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 9 October 2026 via checked.be.