Silent 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.
Silent Projects
Largest movements
- Receivables within one year +€880
new in 2025: €880
- Cash +€644
up €644 (+210.5%), from €306 to €950
mainly Other debts (+€6,902) and Trade debts (+€1,031)
- Other debts +€6,902
up €6,902 (+60.4%), from €11,432 to €18,334
- Profit (loss) carried forward -€6,409
down €6,409 (-20.4%), from -€31,426 to -€37,835
- Trade debts +€1,031
new in 2025: €1,031
- Gross operating margin -€3,436
down €3,436 (-145.6%), from -€2,360 to -€5,796
- Write-downs -€1,607
no longer reported in 2025 (was €1,607)
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 | €306 | €1,830 | +€1,524 | +498.0% |
| Current assets | 29/58 | €306 | €1,830 | +€1,524 | +498.0% |
| Amounts receivable within one year | 40/41 | - | €880 | +€880 | |
| Other amounts receivable | 41 | - | €880 | +€880 | |
| Cash at bank and in hand | 54/58 | €306 | €950 | +€644 | +210.5% |
| Total equity and liabilities | 10/49 | €306 | €1,830 | +€1,524 | +498.0% |
| Equity | 10/15 | -€11,426 | -€17,835 | -€6,409 | -56.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,426 | -€37,835 | -€6,409 | -20.4% |
| Amounts payable | 17/49 | €11,732 | €19,665 | +€7,933 | +67.6% |
| Amounts payable within one year | 42/48 | €11,432 | €19,365 | +€7,933 | +69.4% |
| Trade debts | 44 | - | €1,031 | +€1,031 | |
| Suppliers | 440/4 | - | €1,031 | +€1,031 | |
| Other amounts payable | 47/48 | €11,432 | €18,334 | +€6,902 | +60.4% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,607 | - | -€1,607 | |
| Other operating charges | 640/8 | €557 | €540 | -€17 | -3.1% |
| Gross operating margin | 9900 | -€2,360 | -€5,796 | -€3,436 | -145.6% |
| Operating profit (loss) | 9901 | -€4,524 | -€6,336 | -€1,812 | -40.1% |
| Financial charges | 65/66B | €70 | €73 | +€3 | +4.3% |
| Recurring financial charges | 65 | €70 | €73 | +€3 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,594 | -€6,409 | -€1,815 | -39.5% |
| Profit (loss) for the period | 9904 | -€4,594 | -€6,409 | -€1,815 | -39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,594 | -€6,409 | -€1,815 | -39.5% |
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 29 September 2026 via checked.be.