PGR-ConFo: 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.
PGR-ConFo
Largest movements
- Cash +€5,194
up €5,194 (+366.6%), from €1,417 to €6,611
mainly Trade debts (+€10,374) and Net result for the year (+€2,502)
- Receivables within one year +€5,062
up €5,062 (+70.8%), from €7,153 to €12,215
of which Other amounts receivable: +€2,919
- Tangible fixed assets -€1,270
down €1,270 (-22.5%), from €5,647 to €4,377
of which Plant, machinery and equipment: -€872
- Trade debts +€10,374
up €10,374 (+343.2%), from €3,023 to €13,397
- Short-term financial debts -€4,583
down €4,583 (-45.8%), from €10,000 to €5,417
- Profit (loss) carried forward +€2,502
up €2,502 (+29.0%), from -€8,638 to -€6,136
- Tax, wage and social debts +€1,819
up €1,819 (+41.7%), from €4,357 to €6,176
- Current portion of long-term debt -€819
no longer reported in 2025 (was €819)
- Gross operating margin +€13,058
up €13,058, from -€3,692 to €9,366
- Financial charges +€751
up €751 (+24.6%), from €3,048 to €3,799
- Taxes +€616
up €616 (+219.6%), from €281 to €897
- Depreciation +€566
up €566 (+80.3%), from €705 to €1,270
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.
Cash bridge derived
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 | €14,569 | €23,723 | +€9,153 | +62.8% |
| Fixed assets | 21/28 | €5,647 | €4,377 | -€1,270 | -22.5% |
| Tangible fixed assets | 22/27 | €5,647 | €4,377 | -€1,270 | -22.5% |
| Plant, machinery and equipment | 23 | €4,084 | €3,212 | -€872 | -21.3% |
| Furniture and vehicles | 24 | €1,564 | €1,165 | -€399 | -25.5% |
| Current assets | 29/58 | €8,922 | €19,346 | +€10,424 | +116.8% |
| Amounts receivable within one year | 40/41 | €7,153 | €12,215 | +€5,062 | +70.8% |
| Trade receivables | 40 | €7,153 | €9,296 | +€2,144 | +30.0% |
| Other amounts receivable | 41 | - | €2,919 | +€2,919 | |
| Cash at bank and in hand | 54/58 | €1,417 | €6,611 | +€5,194 | +366.6% |
| Deferred charges and accrued income | 490/1 | €352 | €519 | +€167 | +47.4% |
| Total equity and liabilities | 10/49 | €14,569 | €23,723 | +€9,153 | +62.8% |
| Equity | 10/15 | -€7,138 | -€4,636 | +€2,502 | +35.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,638 | -€6,136 | +€2,502 | +29.0% |
| Amounts payable | 17/49 | €21,707 | €28,358 | +€6,651 | +30.6% |
| Amounts payable after more than one year | 17 | €861 | €861 | = | 0.0% |
| Financial debts | 170/4 | €861 | - | -€861 | |
| Other amounts payable | 178/9 | - | €861 | +€861 | |
| Amounts payable within one year | 42/48 | €20,846 | €27,497 | +€6,651 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €819 | - | -€819 | |
| Financial debts | 43 | €10,000 | €5,417 | -€4,583 | -45.8% |
| Other loans | 439 | €10,000 | €5,417 | -€4,583 | -45.8% |
| Trade debts | 44 | €3,023 | €13,397 | +€10,374 | +343.2% |
| Suppliers | 440/4 | €3,023 | €13,397 | +€10,374 | +343.2% |
| Taxes, remuneration and social security | 45 | €4,357 | €6,176 | +€1,819 | +41.7% |
| Taxes | 450/3 | €4,357 | €6,176 | +€1,819 | +41.7% |
| Other amounts payable | 47/48 | €2,646 | €2,507 | -€139 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €1,270 | +€566 | +80.3% |
| Other operating charges | 640/8 | €914 | €899 | -€14 | -1.6% |
| Gross operating margin | 9900 | -€3,692 | €9,366 | +€13,058 | |
| Operating profit (loss) | 9901 | -€5,310 | €7,197 | +€12,507 | |
| Financial income | 75/76B | €1 | €1 | +€0 | +7.6% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +7.6% |
| Financial charges | 65/66B | €3,048 | €3,799 | +€751 | +24.6% |
| Recurring financial charges | 65 | €3,048 | €3,799 | +€751 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,357 | €3,399 | +€11,756 | |
| Income taxes | 67/77 | €281 | €897 | +€616 | +219.6% |
| Profit (loss) for the period | 9904 | -€8,638 | €2,502 | +€11,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,638 | €2,502 | +€11,140 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.