S&S Projects: 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.
S&S Projects
Largest movements
- Stocks and contracts -€116,986
no longer reported in 2025 (was €116,986)
- Debts after one year -€70,669
down €70,669 (-73.9%), from €95,669 to €25,000
- Profit (loss) carried forward -€61,679
down €61,679 (-637.9%), from -€9,670 to -€71,349
- Tax, wage and social debts +€12,386
up €12,386 (+354.1%), from €3,498 to €15,883
- Other debts +€6,544
up €6,544 (+26.8%), from €24,389 to €30,933
- Trade debts -€3,321
no longer reported in 2025 (was €3,321)
- Gross operating margin -€61,215
new in 2025: -€61,215
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 | €120,206 | €3,467 | -€116,739 | -97.1% |
| Current assets | 29/58 | €120,206 | €3,467 | -€116,739 | -97.1% |
| Stocks and contracts in progress | 3 | €116,986 | - | -€116,986 | |
| Stocks | 30/36 | €116,986 | - | -€116,986 | |
| Amounts receivable within one year | 40/41 | €1,120 | €2,185 | +€1,066 | +95.2% |
| Other amounts receivable | 41 | €1,120 | €2,185 | +€1,066 | +95.2% |
| Cash at bank and in hand | 54/58 | €2,100 | €1,282 | -€819 | -39.0% |
| Total equity and liabilities | 10/49 | €120,206 | €3,467 | -€116,739 | -97.1% |
| Equity | 10/15 | -€6,670 | -€68,349 | -€61,679 | -924.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,670 | -€71,349 | -€61,679 | -637.9% |
| Amounts payable | 17/49 | €126,876 | €71,816 | -€55,060 | -43.4% |
| Amounts payable after more than one year | 17 | €95,669 | €25,000 | -€70,669 | -73.9% |
| Financial debts | 170/4 | €95,669 | €25,000 | -€70,669 | -73.9% |
| Amounts payable within one year | 42/48 | €31,207 | €46,816 | +€15,608 | +50.0% |
| Trade debts | 44 | €3,321 | - | -€3,321 | |
| Suppliers | 440/4 | €3,321 | - | -€3,321 | |
| Taxes, remuneration and social security | 45 | €3,498 | €15,883 | +€12,386 | +354.1% |
| Taxes | 450/3 | €3,498 | €15,883 | +€12,386 | +354.1% |
| Other amounts payable | 47/48 | €24,389 | €30,933 | +€6,544 | +26.8% |
| Other operating charges | 640/8 | €452 | €418 | -€34 | -7.5% |
| Gross operating margin | 9900 | - | -€61,215 | -€61,215 | |
| Operating profit (loss) | 9901 | -€452 | -€61,633 | -€61,181 | -13528.1% |
| Financial charges | 65/66B | €50 | €46 | -€4 | -7.7% |
| Recurring financial charges | 65 | €50 | €46 | -€4 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€502 | -€61,679 | -€61,177 | -12176.2% |
| Profit (loss) for the period | 9904 | -€502 | -€61,679 | -€61,177 | -12176.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€502 | -€61,679 | -€61,177 | -12176.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.