IPROGEST: 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.
IPROGEST
Largest movements
- Tangible fixed assets +€280,931
up €280,931 (+146.6%), from €191,696 to €472,627
- Cash -€92,611
down €92,611 (-33.3%), from €278,145 to €185,534
- Reserves +€800,000
new in 2025: €800,000
- Debts after one year -€600,000
down €600,000 (-99.1%), from €605,742 to €5,742
- Contributions +€31,197
up €31,197 (+100.7%), from €30,987 to €62,184
- Profit (loss) carried forward -€28,899
down €28,899 (-11.6%), from -€250,170 to -€279,069
- Other debts -€14,079
down €14,079 (-16.9%), from €83,281 to €69,202
- Provisions -€100,000
no longer reported in 2025 (was €100,000)
- Purchases and services -€16,842
down €16,842 (-70.0%), from €24,056 to €7,214
- Gross operating margin +€14,838
up €14,838 (+125.5%), from €11,828 to €26,666
- Depreciation +€9,259
up €9,259 (+54.8%), from €16,902 to €26,161
- Turnover -€1,004
down €1,004 (-2.8%), from €35,884 to €34,880
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €469,840 | €659,460 | +€189,620 | +40.4% |
| Fixed assets | 21/28 | €191,696 | €472,627 | +€280,931 | +146.6% |
| Tangible fixed assets | 22/27 | €191,696 | €472,627 | +€280,931 | +146.6% |
| Land and buildings | 22 | €191,696 | €472,627 | +€280,931 | +146.6% |
| Current assets | 29/58 | €278,145 | €186,834 | -€91,311 | -32.8% |
| Amounts receivable within one year | 40/41 | - | €1,300 | +€1,300 | |
| Trade receivables | 40 | - | €1,300 | +€1,300 | |
| Cash at bank and in hand | 54/58 | €278,145 | €185,534 | -€92,611 | -33.3% |
| Total equity and liabilities | 10/49 | €469,840 | €659,460 | +€189,620 | +40.4% |
| Equity | 10/15 | -€219,183 | €583,115 | +€802,299 | |
| Contributions | 10/11 | €30,987 | €62,184 | +€31,197 | +100.7% |
| Capital | 10 | €30,987 | - | -€30,987 | |
| Issued capital | 100 | €30,987 | - | -€30,987 | |
| Reserves | 13 | - | €800,000 | +€800,000 | |
| Tax-exempt reserves | 132 | - | €800,000 | +€800,000 | |
| Profit (loss) carried forward | 14 | -€250,170 | -€279,069 | -€28,899 | -11.6% |
| Amounts payable | 17/49 | €689,024 | €76,345 | -€612,679 | -88.9% |
| Amounts payable after more than one year | 17 | €605,742 | €5,742 | -€600,000 | -99.1% |
| Other amounts payable | 178/9 | €605,742 | €5,742 | -€600,000 | -99.1% |
| Amounts payable within one year | 42/48 | €83,281 | €69,202 | -€14,079 | -16.9% |
| Other amounts payable | 47/48 | €83,281 | €69,202 | -€14,079 | -16.9% |
| Accrued charges and deferred income | 492/3 | - | €1,400 | +€1,400 | |
| Turnover | 70 | €35,884 | €34,880 | -€1,004 | -2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,056 | €7,214 | -€16,842 | -70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,902 | €26,161 | +€9,259 | +54.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €100,000 | - | -€100,000 | |
| Other operating charges | 640/8 | €3,939 | €4,860 | +€921 | +23.4% |
| Gross operating margin | 9900 | €11,828 | €26,666 | +€14,838 | +125.5% |
| Operating profit (loss) | 9901 | -€109,013 | -€4,355 | +€104,658 | +96.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | - | €91 | +€91 | |
| Recurring financial charges | 65 | - | €91 | +€91 | |
| Profit (loss) for the period before taxes | 9903 | -€109,013 | -€4,446 | +€104,567 | +95.9% |
| Profit (loss) for the period | 9904 | -€109,013 | -€4,446 | +€104,567 | +95.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€109,013 | -€4,446 | +€104,567 | +95.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.