TEMPROJECTS: 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.
TEMPROJECTS
Largest movements
- Receivables within one year +€244,728
up €244,728 (+335%), from €72,967 to €317,696
of which Trade receivables: +€251,783
- Stocks and contracts +€145,621
new in 2025: €145,621
- Receivables after one year +€12,150
up €12,150 (+6.7%), from €180,500 to €192,650
of which Trade receivables: +€12,150
- Cash +€8,417
up €8,417 (+222%), from €3,792 to €12,208
mainly Trade debts (+€371,371) and Current portion of long-term debt (+€105,984)
- Trade debts +€371,371
up €371,371 (+58,063%), from €640 to €372,010
- Current portion of long-term debt +€105,984
new in 2025: €105,984
- Reserves -€52,826
down €52,826 (-23.5%), from €224,743 to €171,917
- Tax, wage and social debts -€14,814
no longer reported in 2025 (was €14,814)
- Gross operating margin +€11,061
up €11,061 (+19.1%), from -€57,833 to -€46,771
- Financial charges +€2,484
up €2,484 (+132%), from €1,879 to €4,364
- Other operating charges -€1,535
down €1,535 (-57.2%), from €2,684 to €1,149
- Depreciation -€684
down €684 (-57.7%), from €1,185 to €501
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 | €259,110 | €668,825 | +€409,715 | +158% |
| Fixed assets | 21/28 | €1,851 | €650 | -€1,201 | -64.9% |
| Tangible fixed assets | 22/27 | €501 | - | -€501 | |
| Plant, machinery and equipment | 23 | €424 | - | -€424 | |
| Furniture and vehicles | 24 | €78 | - | -€78 | |
| Financial fixed assets | 28 | €1,350 | €650 | -€700 | -51.9% |
| Current assets | 29/58 | €257,259 | €668,175 | +€410,916 | +160% |
| Amounts receivable after more than one year | 29 | €180,500 | €192,650 | +€12,150 | +6.7% |
| Trade receivables | 290 | €177,500 | €189,650 | +€12,150 | +6.8% |
| Other amounts receivable | 291 | €3,000 | €3,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €145,621 | +€145,621 | |
| Contracts in progress | 37 | - | €145,621 | +€145,621 | |
| Amounts receivable within one year | 40/41 | €72,967 | €317,696 | +€244,728 | +335% |
| Trade receivables | 40 | €65,686 | €317,469 | +€251,783 | +383% |
| Other amounts receivable | 41 | €7,281 | €226 | -€7,055 | -96.9% |
| Cash at bank and in hand | 54/58 | €3,792 | €12,208 | +€8,417 | +222% |
| Total equity and liabilities | 10/49 | €259,110 | €668,825 | +€409,715 | +158% |
| Equity | 10/15 | €243,343 | €190,517 | -€52,826 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €224,743 | €171,917 | -€52,826 | -23.5% |
| Distributable reserves | 133 | €224,743 | €171,917 | -€52,826 | -23.5% |
| Amounts payable | 17/49 | €15,767 | €478,308 | +€462,541 | +2,934% |
| Amounts payable within one year | 42/48 | €15,767 | €478,308 | +€462,541 | +2,934% |
| Current portion of amounts payable after more than one year | 42 | - | €105,984 | +€105,984 | |
| Trade debts | 44 | €640 | €372,010 | +€371,371 | +58,063% |
| Suppliers | 440/4 | €640 | €372,010 | +€371,371 | +58,063% |
| Taxes, remuneration and social security | 45 | €14,814 | - | -€14,814 | |
| Taxes | 450/3 | €14,814 | - | -€14,814 | |
| Other amounts payable | 47/48 | €313 | €313 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,185 | €501 | -€684 | -57.7% |
| Other operating charges | 640/8 | €2,684 | €1,149 | -€1,535 | -57.2% |
| Gross operating margin | 9900 | -€57,833 | -€46,771 | +€11,061 | +19.1% |
| Operating profit (loss) | 9901 | -€61,702 | -€48,421 | +€13,281 | +21.5% |
| Financial income | 75/76B | €30 | - | -€30 | |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Financial charges | 65/66B | €1,879 | €4,364 | +€2,484 | +132% |
| Recurring financial charges | 65 | €1,879 | €4,364 | +€2,484 | +132% |
| Profit (loss) for the period before taxes | 9903 | -€63,551 | -€52,785 | +€10,766 | +16.9% |
| Income taxes | 67/77 | - | €41 | +€41 | |
| Profit (loss) for the period | 9904 | -€63,551 | -€52,826 | +€10,725 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,551 | -€52,826 | +€10,725 | +16.9% |
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 25 October 2026 via checked.be.