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T&J 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.

What changed

T&J Projects

BE 0890.707.943
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€462
2024 · -€1,971+€1,509
Equity
-€53,401
2024 · -€52,939-€462
Cash
€326
2024 · €388-€62
Balance sheet total
€326
2024 · €388-€62

Largest movements

2024 to 2025
Assets
  • Cash -€62

    down €62 (-16.0%), from €388 to €326

    mainly Net result for the year (-€462)

Equity and liabilities
  • Profit (loss) carried forward -€462

    down €462 (-0.9%), from -€52,939 to -€53,401

  • Debts after one year +€400

    up €400 (+0.8%), from €53,327 to €53,727

Income statement
  • Other operating charges -€2,170

    no longer reported in 2025 (was €2,170)

  • Gross operating margin -€394

    no longer reported in 2025 (was €394)

  • Financial charges +€267

    up €267 (+136.9%), from €195 to €462

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€1,971
Other operating charges +€2,170
Financial charges -€267
Not broken down -€394
Result 2025 -€462

Cash bridge derived

cash 2024 to 2025

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.

From operations -€462
Investment €0
Financing +€400
Cash 2024 €388
Net result for the year -€462
Debts after one year +€400
Cash 2025 €326
Every line side by side 17 lines
Line Code 2024 2025 Change %
Total assets 20/58 €388 €326 -€62 -16.0%
Current assets 29/58 €388 €326 -€62 -16.0%
Cash at bank and in hand 54/58 €388 €326 -€62 -16.0%
Total equity and liabilities 10/49 €388 €326 -€62 -16.0%
Equity 10/15 -€52,939 -€53,401 -€462 -0.9%
Profit (loss) carried forward 14 -€52,939 -€53,401 -€462 -0.9%
Amounts payable 17/49 €53,327 €53,727 +€400 +0.8%
Amounts payable after more than one year 17 €53,327 €53,727 +€400 +0.8%
Financial debts 170/4 €53,327 €53,727 +€400 +0.8%
Other operating charges 640/8 €2,170 - -€2,170
Gross operating margin 9900 €394 - -€394
Operating profit (loss) 9901 -€1,776 - +€1,776
Financial charges 65/66B €195 €462 +€267 +136.9%
Recurring financial charges 65 €195 €462 +€267 +136.9%
Profit (loss) for the period before taxes 9903 -€1,971 -€462 +€1,509 +76.6%
Profit (loss) for the period 9904 -€1,971 -€462 +€1,509 +76.6%
Profit (loss) for the period to be appropriated 9905 -€1,971 -€462 +€1,509 +76.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.