Skip to content

PROJETOIT: 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.

What changed

PROJETOIT

BE 0565.989.654
NACE 43.410, Roofing work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,181
2024 · €15,375+€11,806
Equity
€84,963
2024 · €57,782+€27,181
Cash
€47
2024 · €2,131-€2,084
Balance sheet total
€213,210
2024 · €136,994+€76,216

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€123,863

    up €123,863 (+141%), from €88,056 to €211,918

    of which Other amounts receivable: +€80,064

  • Receivables after one year -€44,000

    no longer reported in 2025 (was €44,000)

Equity and liabilities
  • Trade debts +€38,657

    up €38,657 (+533%), from €7,255 to €45,912

  • Profit (loss) carried forward +€27,181

    up €27,181 (+54.7%), from €49,722 to €76,903

  • Tax, wage and social debts +€21,717

    up €21,717 (+147%), from €14,735 to €36,452

    of which Taxes: +€13,767

  • Other debts -€11,347

    down €11,347 (-67.7%), from €16,750 to €5,403

Income statement
  • Other operating charges -€11,293

    down €11,293 (-73.7%), from €15,330 to €4,037

  • Gross operating margin +€10,031

    up €10,031 (+6.0%), from €167,065 to €177,095

  • Staff costs +€4,658

    up €4,658 (+3.9%), from €118,038 to €122,696

  • Financial charges +€3,535

    up €3,535 (+53.6%), from €6,600 to €10,135

  • Taxes +€2,070

    up €2,070 (+18.9%), from €10,983 to €13,053

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 €15,375
Gross operating margin +€10,031
Staff costs -€4,658
Depreciation +€631
Other operating charges +€11,293
Financial income +€115
Financial charges -€3,535
Taxes -€2,070
Result 2025 €27,181
raises the resultlowers the result

Derived cash bridge

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 -€2,660
Investment +€568
Financing +€8
Cash 2024 €2,131
Net result for the year +€27,181
Depreciation +€1,563
Receivables after one year +€44,000
Receivables within one year -€123,863
Deferred charges and accrued income -€569
Trade debts +€38,657
Tax, wage and social debts +€21,717
Other debts -€11,347
Investment in fixed assets (net) +€568
Short-term financial debts +€8
Cash 2025 €47
brings cash intakes cash out
Every line side by side 42 lines
Line Code 2024 2025 Change %
Total assets 20/58 €136,994 €213,210 +€76,216 +55.6%
Fixed assets 21/28 €2,743 €612 -€2,131 -77.7%
Tangible fixed assets 22/27 €2,473 €342 -€2,131 -86.2%
Furniture and vehicles 24 €2,473 €342 -€2,131 -86.2%
Financial fixed assets 28 €270 €270 = 0.0%
Current assets 29/58 €134,250 €212,598 +€78,347 +58.4%
Amounts receivable after more than one year 29 €44,000 - -€44,000
Other amounts receivable 291 €44,000 - -€44,000
Amounts receivable within one year 40/41 €88,056 €211,918 +€123,863 +141%
Trade receivables 40 €87,501 €131,299 +€43,798 +50.1%
Other amounts receivable 41 €555 €80,619 +€80,064 +14,432%
Cash at bank and in hand 54/58 €2,131 €47 -€2,084 -97.8%
Deferred charges and accrued income 490/1 €63 €632 +€569 +899%
Total equity and liabilities 10/49 €136,994 €213,210 +€76,216 +55.6%
Equity 10/15 €57,782 €84,963 +€27,181 +47.0%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €49,722 €76,903 +€27,181 +54.7%
Amounts payable 17/49 €79,212 €128,247 +€49,035 +61.9%
Amounts payable within one year 42/48 €79,212 €128,247 +€49,035 +61.9%
Financial debts 43 €40,472 €40,480 +€8 0.0%
Credit institutions 430/8 €40,472 €40,480 +€8 0.0%
Trade debts 44 €7,255 €45,912 +€38,657 +533%
Suppliers 440/4 €7,255 €45,912 +€38,657 +533%
Taxes, remuneration and social security 45 €14,735 €36,452 +€21,717 +147%
Taxes 450/3 €8,214 €21,981 +€13,767 +168%
Remuneration and social security 454/9 €6,521 €14,471 +€7,950 +122%
Other amounts payable 47/48 €16,750 €5,403 -€11,347 -67.7%
Remuneration, social security and pensions 62 €118,038 €122,696 +€4,658 +3.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,194 €1,563 -€631 -28.8%
Other operating charges 640/8 €15,330 €4,037 -€11,293 -73.7%
Gross operating margin 9900 €167,065 €177,095 +€10,031 +6.0%
Operating profit (loss) 9901 €31,503 €48,800 +€17,296 +54.9%
Financial income 75/76B €1,455 €1,570 +€115 +7.9%
Recurring financial income 75 €1,455 €1,570 +€115 +7.9%
Financial charges 65/66B €6,600 €10,135 +€3,535 +53.6%
Recurring financial charges 65 €6,600 €10,135 +€3,535 +53.6%
Profit (loss) for the period before taxes 9903 €26,357 €40,234 +€13,877 +52.6%
Income taxes 67/77 €10,983 €13,053 +€2,070 +18.9%
Profit (loss) for the period 9904 €15,375 €27,181 +€11,806 +76.8%
Profit (loss) for the period to be appropriated 9905 €15,375 €27,181 +€11,806 +76.8%

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 28 October 2026 via checked.be.