STREAMLINE 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.
STREAMLINE PROJECTS
Largest movements
- Cash +€48,771
up €48,771 (+803.7%), from €6,068 to €54,839
mainly Depreciation (+€28,271) and Tax, wage and social debts (+€16,043)
- Tangible fixed assets -€25,233
down €25,233 (-5.8%), from €437,057 to €411,824
- Receivables within one year -€11,867
down €11,867 (-57.1%), from €20,769 to €8,901
of which Trade receivables: -€17,489
- Debts after one year -€16,740
down €16,740 (-7.1%), from €236,376 to €219,636
- Tax, wage and social debts +€16,043
up €16,043 (+61.6%), from €26,040 to €42,084
- Profit (loss) carried forward +€14,651
up €14,651 (+11.3%), from €129,851 to €144,502
- Trade debts +€9,792
up €9,792 (+283.1%), from €3,459 to €13,251
- Other debts -€7,949
down €7,949 (-22.9%), from €34,666 to €26,717
- Gross operating margin -€34,243
down €34,243 (-33.9%), from €101,117 to €66,874
- Taxes -€6,524
down €6,524 (-42.5%), from €15,361 to €8,836
- Staff costs +€5,255
new in 2025: €5,255
- Depreciation +€1,738
up €1,738 (+6.6%), from €26,532 to €28,271
- Financial charges -€1,012
down €1,012 (-10.7%), from €9,413 to €8,401
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 | €465,742 | €478,486 | +€12,744 | +2.7% |
| Fixed assets | 21/28 | €437,057 | €411,824 | -€25,233 | -5.8% |
| Tangible fixed assets | 22/27 | €437,057 | €411,824 | -€25,233 | -5.8% |
| Land and buildings | 22 | €387,484 | €378,974 | -€8,510 | -2.2% |
| Plant, machinery and equipment | 23 | €1,569 | €0 | -€1,569 | -100.0% |
| Furniture and vehicles | 24 | €23,369 | €11,692 | -€11,677 | -50.0% |
| Other tangible fixed assets | 26 | €24,635 | €21,158 | -€3,477 | -14.1% |
| Current assets | 29/58 | €28,685 | €66,661 | +€37,977 | +132.4% |
| Amounts receivable within one year | 40/41 | €20,769 | €8,901 | -€11,867 | -57.1% |
| Trade receivables | 40 | €20,469 | €2,980 | -€17,489 | -85.4% |
| Other amounts receivable | 41 | €300 | €5,921 | +€5,621 | +1873.7% |
| Cash at bank and in hand | 54/58 | €6,068 | €54,839 | +€48,771 | +803.7% |
| Deferred charges and accrued income | 490/1 | €1,848 | €2,921 | +€1,073 | +58.0% |
| Total equity and liabilities | 10/49 | €465,742 | €478,486 | +€12,744 | +2.7% |
| Equity | 10/15 | €145,407 | €160,058 | +€14,651 | +10.1% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €9,157 | €9,157 | = | 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% |
| Tax-exempt reserves | 132 | €7,297 | €7,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129,851 | €144,502 | +€14,651 | +11.3% |
| Amounts payable | 17/49 | €320,334 | €318,427 | -€1,907 | -0.6% |
| Amounts payable after more than one year | 17 | €236,376 | €219,636 | -€16,740 | -7.1% |
| Financial debts | 170/4 | €236,376 | €219,636 | -€16,740 | -7.1% |
| Amounts payable within one year | 42/48 | €83,959 | €98,791 | +€14,833 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €19,793 | €16,740 | -€3,053 | -15.4% |
| Trade debts | 44 | €3,459 | €13,251 | +€9,792 | +283.1% |
| Suppliers | 440/4 | €3,459 | €13,251 | +€9,792 | +283.1% |
| Taxes, remuneration and social security | 45 | €26,040 | €42,084 | +€16,043 | +61.6% |
| Taxes | 450/3 | €26,040 | €42,084 | +€16,043 | +61.6% |
| Other amounts payable | 47/48 | €34,666 | €26,717 | -€7,949 | -22.9% |
| Remuneration, social security and pensions | 62 | - | €5,255 | +€5,255 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,532 | €28,271 | +€1,738 | +6.6% |
| Other operating charges | 640/8 | €784 | €1,459 | +€675 | +86.1% |
| Gross operating margin | 9900 | €101,117 | €66,874 | -€34,243 | -33.9% |
| Operating profit (loss) | 9901 | €73,801 | €31,889 | -€41,912 | -56.8% |
| Financial income | 75/76B | €36 | €0 | -€36 | -100.0% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -100.0% |
| Financial charges | 65/66B | €9,413 | €8,401 | -€1,012 | -10.7% |
| Recurring financial charges | 65 | €9,413 | €8,401 | -€1,012 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €64,424 | €23,487 | -€40,937 | -63.5% |
| Income taxes | 67/77 | €15,361 | €8,836 | -€6,524 | -42.5% |
| Profit (loss) for the period | 9904 | €49,063 | €14,651 | -€34,412 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,063 | €14,651 | -€34,412 | -70.1% |
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 9 October 2026 via checked.be.