Pregress: 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.
Pregress
Largest movements
- Current investments +€20,270
up €20,270 (+58.1%), from €34,918 to €55,188
- Cash -€17,394
down €17,394 (-33.0%), from €52,704 to €35,310
mainly Debts after one year (-€53,213) and Current investments (-€20,270)
- Tangible fixed assets -€12,869
down €12,869 (-4.6%), from €279,501 to €266,633
of which Land and buildings: -€12,060
- Debts after one year -€53,213
down €53,213 (-34.7%), from €153,151 to €99,937
- Reserves +€32,883
up €32,883 (+20.5%), from €160,776 to €193,659
- Other debts +€12,221
up €12,221 (+44.9%), from €27,202 to €39,423
- Gross operating margin +€4,550
up €4,550 (+5.1%), from €88,838 to €93,388
- Financial charges -€3,946
down €3,946 (-31.9%), from €12,366 to €8,420
- Financial income +€3,669
up €3,669 (+296%), from €1,240 to €4,909
of which Financial income: +€3,669
- Taxes +€2,768
up €2,768 (+15.0%), from €18,419 to €21,187
- Other operating charges -€1,116
down €1,116 (-43.9%), from €2,540 to €1,424
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 | €384,779 | €374,339 | -€10,440 | -2.7% |
| Fixed assets | 21/28 | €280,617 | €267,544 | -€13,072 | -4.7% |
| Intangible fixed assets | 21 | €365 | €162 | -€203 | -55.7% |
| Tangible fixed assets | 22/27 | €279,501 | €266,633 | -€12,869 | -4.6% |
| Land and buildings | 22 | €272,077 | €260,016 | -€12,060 | -4.4% |
| Furniture and vehicles | 24 | €7,425 | €6,616 | -€808 | -10.9% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €104,162 | €106,795 | +€2,632 | +2.5% |
| Amounts receivable within one year | 40/41 | €15,562 | €15,190 | -€373 | -2.4% |
| Trade receivables | 40 | €15,562 | €15,190 | -€373 | -2.4% |
| Current investments | 50/53 | €34,918 | €55,188 | +€20,270 | +58.1% |
| Cash at bank and in hand | 54/58 | €52,704 | €35,310 | -€17,394 | -33.0% |
| Deferred charges and accrued income | 490/1 | €978 | €1,107 | +€129 | +13.2% |
| Total equity and liabilities | 10/49 | €384,779 | €374,339 | -€10,440 | -2.7% |
| Equity | 10/15 | €179,376 | €212,259 | +€32,883 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €160,776 | €193,659 | +€32,883 | +20.5% |
| Distributable reserves | 133 | €160,776 | €193,659 | +€32,883 | +20.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €205,403 | €162,080 | -€43,323 | -21.1% |
| Amounts payable after more than one year | 17 | €153,151 | €99,937 | -€53,213 | -34.7% |
| Financial debts | 170/4 | €153,151 | €99,937 | -€53,213 | -34.7% |
| Amounts payable within one year | 42/48 | €50,665 | €60,371 | +€9,706 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €12,012 | €8,505 | -€3,506 | -29.2% |
| Trade debts | 44 | €1,741 | €889 | -€852 | -49.0% |
| Suppliers | 440/4 | €1,741 | €889 | -€852 | -49.0% |
| Taxes, remuneration and social security | 45 | €9,710 | €11,553 | +€1,844 | +19.0% |
| Taxes | 450/3 | €7,410 | €11,553 | +€4,144 | +55.9% |
| Remuneration and social security | 454/9 | €2,300 | €0 | -€2,300 | -100% |
| Other amounts payable | 47/48 | €27,202 | €39,423 | +€12,221 | +44.9% |
| Accrued charges and deferred income | 492/3 | €1,587 | €1,771 | +€184 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,172 | €14,604 | +€431 | +3.0% |
| Other operating charges | 640/8 | €2,540 | €1,424 | -€1,116 | -43.9% |
| Gross operating margin | 9900 | €88,838 | €93,388 | +€4,550 | +5.1% |
| Operating profit (loss) | 9901 | €72,126 | €77,360 | +€5,235 | +7.3% |
| Financial income | 75/76B | €1,240 | €4,909 | +€3,669 | +296% |
| Recurring financial income | 75 | €1,240 | €4,909 | +€3,669 | +296% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €12,366 | €8,420 | -€3,946 | -31.9% |
| Recurring financial charges | 65 | €12,366 | €8,420 | -€3,946 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €61,000 | €73,849 | +€12,849 | +21.1% |
| Income taxes | 67/77 | €18,419 | €21,187 | +€2,768 | +15.0% |
| Profit (loss) for the period | 9904 | €42,581 | €52,662 | +€10,081 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,581 | €52,662 | +€10,081 | +23.7% |
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 20 October 2026 via checked.be.