Special Projects On Support: 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.
Special Projects On Support
Largest movements
- Cash +€16,352
up €16,352 (+12.2%), from €134,445 to €150,797
mainly Net result for the year (+€32,542) and Depreciation (+€9,391)
- Receivables within one year +€11,921
up €11,921 (+80.5%), from €14,800 to €26,721
- Tangible fixed assets -€9,391
down €9,391 (-2.8%), from €330,806 to €321,415
- Profit (loss) carried forward +€32,542
up €32,542 (+102%), from €31,881 to €64,423
- Debts after one year -€22,588
down €22,588 (-14.5%), from €155,265 to €132,677
- Gross operating margin +€35,469
up €35,469 (+270%), from €13,123 to €48,592
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.
Derived cash bridge
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 | €492,039 | €506,233 | +€14,194 | +2.9% |
| Fixed assets | 21/28 | €338,106 | €328,715 | -€9,391 | -2.8% |
| Tangible fixed assets | 22/27 | €330,806 | €321,415 | -€9,391 | -2.8% |
| Land and buildings | 22 | €330,806 | €321,415 | -€9,391 | -2.8% |
| Financial fixed assets | 28 | €7,300 | €7,300 | = | 0.0% |
| Current assets | 29/58 | €153,933 | €177,518 | +€23,585 | +15.3% |
| Amounts receivable within one year | 40/41 | €14,800 | €26,721 | +€11,921 | +80.5% |
| Trade receivables | 40 | €14,800 | €26,721 | +€11,921 | +80.5% |
| Cash at bank and in hand | 54/58 | €134,445 | €150,797 | +€16,352 | +12.2% |
| Deferred charges and accrued income | 490/1 | €4,688 | - | -€4,688 | |
| Total equity and liabilities | 10/49 | €492,039 | €506,233 | +€14,194 | +2.9% |
| Equity | 10/15 | €238,434 | €270,976 | +€32,542 | +13.6% |
| Contributions | 10/11 | €147,000 | €147,000 | = | 0.0% |
| Reserves | 13 | €59,553 | €59,553 | = | 0.0% |
| Distributable reserves | 133 | €59,553 | €59,553 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,881 | €64,423 | +€32,542 | +102% |
| Amounts payable | 17/49 | €253,605 | €235,257 | -€18,348 | -7.2% |
| Amounts payable after more than one year | 17 | €155,265 | €132,677 | -€22,588 | -14.5% |
| Financial debts | 170/4 | €155,265 | €132,677 | -€22,588 | -14.5% |
| Amounts payable within one year | 42/48 | €98,340 | €102,580 | +€4,240 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €23,963 | €24,450 | +€487 | +2.0% |
| Trade debts | 44 | €4,406 | €6,940 | +€2,534 | +57.5% |
| Suppliers | 440/4 | €4,406 | €6,940 | +€2,534 | +57.5% |
| Taxes, remuneration and social security | 45 | €12,600 | €13,934 | +€1,334 | +10.6% |
| Taxes | 450/3 | €6,845 | €8,134 | +€1,289 | +18.8% |
| Remuneration and social security | 454/9 | €5,755 | €5,800 | +€45 | +0.8% |
| Other amounts payable | 47/48 | €57,371 | €57,256 | -€115 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,390 | €9,391 | +€1 | 0.0% |
| Other operating charges | 640/8 | €738 | €651 | -€87 | -11.8% |
| Gross operating margin | 9900 | €13,123 | €48,592 | +€35,469 | +270% |
| Operating profit (loss) | 9901 | €2,995 | €38,550 | +€35,555 | +1,187% |
| Financial charges | 65/66B | €4,015 | €3,538 | -€477 | -11.9% |
| Recurring financial charges | 65 | €4,015 | €3,538 | -€477 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,020 | €35,012 | +€36,032 | |
| Income taxes | 67/77 | €2,524 | €2,470 | -€54 | -2.1% |
| Profit (loss) for the period | 9904 | -€3,544 | €32,542 | +€36,086 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,544 | €32,542 | +€36,086 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.