THE PERSONAL PROJECT: 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.
THE PERSONAL PROJECT
Largest movements
- Cash -€1,825
down €1,825 (-49.3%), from €3,704 to €1,879
mainly Other debts (-€7,493) and Accrued charges and deferred income (-€1,200)
- Other debts -€7,493
down €7,493 (-18.0%), from €41,663 to €34,170
- Trade debts +€5,353
up €5,353 (+383%), from €1,398 to €6,750
- Profit (loss) carried forward +€1,820
up €1,820 (+3.7%), from -€48,897 to -€47,077
- Accrued charges and deferred income -€1,200
down €1,200 (-100%), from €1,200 to €0
- Tax, wage and social debts -€980
down €980 (-15.9%), from €6,157 to €5,177
of which Remuneration and social security: -€1,000
- Gross operating margin -€4,998
down €4,998 (-66.1%), from €7,558 to €2,561
- Depreciation -€386
down €386 (-100%), from €386 to €0
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 | €9,754 | €7,929 | -€1,825 | -18.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Intangible fixed assets | 21 | €0 | - | = | |
| Current assets | 29/58 | €9,754 | €7,929 | -€1,825 | -18.7% |
| Amounts receivable within one year | 40/41 | €6,050 | €6,050 | = | 0.0% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,704 | €1,879 | -€1,825 | -49.3% |
| Total equity and liabilities | 10/49 | €9,754 | €7,929 | -€1,825 | -18.7% |
| Equity | 10/15 | -€40,837 | -€39,017 | +€1,820 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,897 | -€47,077 | +€1,820 | +3.7% |
| Amounts payable | 17/49 | €50,591 | €46,946 | -€3,645 | -7.2% |
| Amounts payable within one year | 42/48 | €49,391 | €46,946 | -€2,445 | -5.0% |
| Financial debts | 43 | €174 | €849 | +€675 | +389% |
| Credit institutions | 430/8 | €174 | €849 | +€675 | +389% |
| Trade debts | 44 | €1,398 | €6,750 | +€5,353 | +383% |
| Suppliers | 440/4 | €1,398 | €6,750 | +€5,353 | +383% |
| Taxes, remuneration and social security | 45 | €6,157 | €5,177 | -€980 | -15.9% |
| Taxes | 450/3 | €5,157 | €5,177 | +€20 | +0.4% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100% |
| Other amounts payable | 47/48 | €41,663 | €34,170 | -€7,493 | -18.0% |
| Accrued charges and deferred income | 492/3 | €1,200 | €0 | -€1,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €386 | €0 | -€386 | -100% |
| Other operating charges | 640/8 | €609 | €615 | +€6 | +1.1% |
| Gross operating margin | 9900 | €7,558 | €2,561 | -€4,998 | -66.1% |
| Operating profit (loss) | 9901 | €6,563 | €1,945 | -€4,618 | -70.4% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €156 | €128 | -€28 | -17.7% |
| Recurring financial charges | 65 | €156 | €128 | -€28 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €6,407 | €1,820 | -€4,587 | -71.6% |
| Profit (loss) for the period | 9904 | €6,407 | €1,820 | -€4,587 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,407 | €1,820 | -€4,587 | -71.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.