CP-PROGEST: 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.
CP-PROGEST
Largest movements
- Cash +€27,642
up €27,642 (+94.6%), from €29,224 to €56,867
mainly Net result for the year (+€16,835) and Receivables within one year (+€5,663)
- Receivables within one year -€5,663
no longer reported in 2025 (was €5,663)
- Profit (loss) carried forward +€16,835
up €16,835 (+155%), from €10,873 to €27,708
- Trade debts +€4,143
up €4,143 (+149%), from €2,781 to €6,923
- Tax, wage and social debts +€1,002
up €1,002 (+9.0%), from €11,097 to €12,098
- Gross operating margin +€6,578
up €6,578 (+38.7%), from €17,018 to €23,596
- Depreciation -€2,702
no longer reported in 2025 (was €2,702)
- Taxes +€1,758
up €1,758 (+56.9%), from €3,090 to €4,848
- Financial charges +€1,619
up €1,619 (+836%), from €194 to €1,812
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 | €34,887 | €56,867 | +€21,979 | +63.0% |
| Current assets | 29/58 | €34,887 | €56,867 | +€21,979 | +63.0% |
| Amounts receivable within one year | 40/41 | €5,663 | - | -€5,663 | |
| Trade receivables | 40 | €5,663 | - | -€5,663 | |
| Cash at bank and in hand | 54/58 | €29,224 | €56,867 | +€27,642 | +94.6% |
| Total equity and liabilities | 10/49 | €34,887 | €56,867 | +€21,979 | +63.0% |
| Equity | 10/15 | €12,873 | €29,708 | +€16,835 | +131% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,873 | €27,708 | +€16,835 | +155% |
| Amounts payable | 17/49 | €22,014 | €27,158 | +€5,144 | +23.4% |
| Amounts payable within one year | 42/48 | €22,014 | €27,158 | +€5,144 | +23.4% |
| Trade debts | 44 | €2,781 | €6,923 | +€4,143 | +149% |
| Suppliers | 440/4 | €2,781 | €6,923 | +€4,143 | +149% |
| Taxes, remuneration and social security | 45 | €11,097 | €12,098 | +€1,002 | +9.0% |
| Taxes | 450/3 | €11,097 | €12,098 | +€1,002 | +9.0% |
| Other amounts payable | 47/48 | €8,137 | €8,137 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,702 | - | -€2,702 | |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.6% |
| Gross operating margin | 9900 | €17,018 | €23,596 | +€6,578 | +38.7% |
| Operating profit (loss) | 9901 | €14,157 | €23,495 | +€9,338 | +66.0% |
| Financial charges | 65/66B | €194 | €1,812 | +€1,619 | +836% |
| Recurring financial charges | 65 | €194 | €1,812 | +€1,619 | +836% |
| Profit (loss) for the period before taxes | 9903 | €13,963 | €21,683 | +€7,720 | +55.3% |
| Income taxes | 67/77 | €3,090 | €4,848 | +€1,758 | +56.9% |
| Profit (loss) for the period | 9904 | €10,873 | €16,835 | +€5,962 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,873 | €16,835 | +€5,962 | +54.8% |
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 14 October 2026 via checked.be.