TINY 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.
TINY PROJECTS
Largest movements
- Receivables within one year +€183,095
up €183,095 (+680.9%), from €26,890 to €209,985
of which Other amounts receivable: +€201,439
- Tangible fixed assets +€82,585
up €82,585 (+27.2%), from €303,403 to €385,989
of which Furniture and vehicles: +€88,159
- Current investments -€11,983
down €11,983 (-86.0%), from €13,939 to €1,956
- Debts after one year +€205,205
up €205,205 (+297.8%), from €68,918 to €274,123
- Reserves +€46,306
up €46,306 (+27.6%), from €167,920 to €214,226
- Trade debts +€39,366
up €39,366 (+321.2%), from €12,257 to €51,623
- Other debts -€37,591
down €37,591 (-45.4%), from €82,794 to €45,203
- Tax, wage and social debts -€27,225
down €27,225 (-40.6%), from €66,989 to €39,763
of which Taxes: -€23,429
- Gross operating margin +€115,377
up €115,377 (+28.3%), from €407,785 to €523,163
- Staff costs +€70,447
up €70,447 (+28.9%), from €243,562 to €314,010
- Depreciation +€18,016
up €18,016 (+45.8%), from €39,342 to €57,358
- Taxes +€17,256
up €17,256 (+59.5%), from €29,012 to €46,268
- Financial income +€6,543
up €6,543 (+24135.6%), from €27 to €6,570
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,973 | €707,449 | +€253,477 | +55.8% |
| Fixed assets | 21/28 | €304,753 | €385,989 | +€81,235 | +26.7% |
| Tangible fixed assets | 22/27 | €303,403 | €385,989 | +€82,585 | +27.2% |
| Land and buildings | 22 | €7,065 | €5,595 | -€1,470 | -20.8% |
| Plant, machinery and equipment | 23 | €44,244 | €41,934 | -€2,310 | -5.2% |
| Furniture and vehicles | 24 | €7,848 | €96,007 | +€88,159 | +1123.4% |
| Other tangible fixed assets | 26 | €244,246 | €242,452 | -€1,794 | -0.7% |
| Financial fixed assets | 28 | €1,350 | - | -€1,350 | |
| Current assets | 29/58 | €149,219 | €321,461 | +€172,241 | +115.4% |
| Stocks and contracts in progress | 3 | €17,126 | €15,805 | -€1,321 | -7.7% |
| Stocks | 30/36 | €17,126 | €15,805 | -€1,321 | -7.7% |
| Amounts receivable within one year | 40/41 | €26,890 | €209,985 | +€183,095 | +680.9% |
| Trade receivables | 40 | €18,423 | €80 | -€18,344 | -99.6% |
| Other amounts receivable | 41 | €8,466 | €209,906 | +€201,439 | +2379.3% |
| Current investments | 50/53 | €13,939 | €1,956 | -€11,983 | -86.0% |
| Cash at bank and in hand | 54/58 | €88,257 | €88,139 | -€118 | -0.1% |
| Deferred charges and accrued income | 490/1 | €3,007 | €5,576 | +€2,569 | +85.4% |
| Total equity and liabilities | 10/49 | €453,973 | €707,449 | +€253,477 | +55.8% |
| Equity | 10/15 | €215,042 | €261,348 | +€46,306 | +21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €167,920 | €214,226 | +€46,306 | +27.6% |
| Distributable reserves | 133 | €167,920 | €214,226 | +€46,306 | +27.6% |
| Profit (loss) carried forward | 14 | €28,522 | €28,522 | -€0 | 0.0% |
| Amounts payable | 17/49 | €238,930 | €446,101 | +€207,171 | +86.7% |
| Amounts payable after more than one year | 17 | €68,918 | €274,123 | +€205,205 | +297.8% |
| Financial debts | 170/4 | €68,918 | €274,123 | +€205,205 | +297.8% |
| Amounts payable within one year | 42/48 | €170,013 | €162,653 | -€7,360 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €7,972 | €25,413 | +€17,441 | +218.8% |
| Financial debts | 43 | - | €650 | +€650 | |
| Credit institutions | 430/8 | - | €650 | +€650 | |
| Trade debts | 44 | €12,257 | €51,623 | +€39,366 | +321.2% |
| Suppliers | 440/4 | €12,257 | €51,623 | +€39,366 | +321.2% |
| Taxes, remuneration and social security | 45 | €66,989 | €39,763 | -€27,225 | -40.6% |
| Taxes | 450/3 | €26,679 | €3,250 | -€23,429 | -87.8% |
| Remuneration and social security | 454/9 | €40,310 | €36,513 | -€3,797 | -9.4% |
| Other amounts payable | 47/48 | €82,794 | €45,203 | -€37,591 | -45.4% |
| Accrued charges and deferred income | 492/3 | - | €9,325 | +€9,325 | |
| Non-recurring operating income | 76A | - | €1,810 | +€1,810 | |
| Remuneration, social security and pensions | 62 | €243,562 | €314,010 | +€70,447 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,342 | €57,358 | +€18,016 | +45.8% |
| Other operating charges | 640/8 | €5,503 | €2,311 | -€3,192 | -58.0% |
| Gross operating margin | 9900 | €407,785 | €523,163 | +€115,377 | +28.3% |
| Operating profit (loss) | 9901 | €119,379 | €149,484 | +€30,105 | +25.2% |
| Financial income | 75/76B | €27 | €6,570 | +€6,543 | +24135.6% |
| Recurring financial income | 75 | €27 | €6,570 | +€6,543 | +24135.6% |
| Financial charges | 65/66B | €7,292 | €6,790 | -€502 | -6.9% |
| Recurring financial charges | 65 | €7,292 | €6,790 | -€502 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €112,113 | €149,264 | +€37,151 | +33.1% |
| Income taxes | 67/77 | €29,012 | €46,268 | +€17,256 | +59.5% |
| Profit (loss) for the period | 9904 | €83,101 | €102,996 | +€19,895 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,101 | €102,996 | +€19,895 | +23.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.