B4PROGRESS: 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.
B4PROGRESS
Largest movements
- Tangible fixed assets -€22,434
down €22,434 (-8.3%), from €270,589 to €248,155
of which Land and buildings: -€12,892
- Profit (loss) carried forward -€27,266
down €27,266 (-10.6%), from €256,040 to €228,774
- Trade debts +€3,236
new in 2025: €3,236
- Gross operating margin +€7,944
up €7,944 (+60.8%), from -€13,060 to -€5,116
- Depreciation +€4,404
up €4,404 (+24.4%), from €18,030 to €22,434
- Financial income +€515
new in 2025: €515
- Other operating charges -€412
down €412 (-74.1%), from €556 to €144
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 | €287,850 | €264,782 | -€23,067 | -8.0% |
| Fixed assets | 21/28 | €270,589 | €248,155 | -€22,434 | -8.3% |
| Tangible fixed assets | 22/27 | €270,589 | €248,155 | -€22,434 | -8.3% |
| Land and buildings | 22 | €240,504 | €227,611 | -€12,892 | -5.4% |
| Plant, machinery and equipment | 23 | €23,373 | €15,811 | -€7,561 | -32.4% |
| Furniture and vehicles | 24 | €6,712 | €4,732 | -€1,981 | -29.5% |
| Current assets | 29/58 | €17,261 | €16,628 | -€633 | -3.7% |
| Amounts receivable within one year | 40/41 | - | €154 | +€154 | |
| Other amounts receivable | 41 | - | €154 | +€154 | |
| Cash at bank and in hand | 54/58 | €17,261 | €16,474 | -€788 | -4.6% |
| Total equity and liabilities | 10/49 | €287,850 | €264,782 | -€23,067 | -8.0% |
| Equity | 10/15 | €284,184 | €256,918 | -€27,266 | -9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,744 | €15,744 | = | 0.0% |
| Distributable reserves | 133 | €15,744 | €15,744 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,040 | €228,774 | -€27,266 | -10.6% |
| Amounts payable | 17/49 | €3,666 | €7,865 | +€4,199 | +115% |
| Amounts payable within one year | 42/48 | €3,666 | €7,865 | +€4,199 | +115% |
| Trade debts | 44 | - | €3,236 | +€3,236 | |
| Suppliers | 440/4 | - | €3,236 | +€3,236 | |
| Other amounts payable | 47/48 | €3,666 | €4,629 | +€963 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,030 | €22,434 | +€4,404 | +24.4% |
| Other operating charges | 640/8 | €556 | €144 | -€412 | -74.1% |
| Gross operating margin | 9900 | -€13,060 | -€5,116 | +€7,944 | +60.8% |
| Operating profit (loss) | 9901 | -€31,646 | -€27,695 | +€3,952 | +12.5% |
| Financial income | 75/76B | - | €515 | +€515 | |
| Recurring financial income | 75 | - | €515 | +€515 | |
| Financial charges | 65/66B | €32 | €86 | +€54 | +169% |
| Recurring financial charges | 65 | €32 | €86 | +€54 | +169% |
| Profit (loss) for the period before taxes | 9903 | -€31,678 | -€27,266 | +€4,412 | +13.9% |
| Profit (loss) for the period | 9904 | -€31,678 | -€27,266 | +€4,412 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,678 | -€27,266 | +€4,412 | +13.9% |
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.