PROGEBAT: 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.
PROGEBAT
Largest movements
- Receivables within one year -€5,712
down €5,712 (-18.7%), from €30,468 to €24,755
of which Trade receivables: -€4,690
- Profit (loss) carried forward -€7,776
down €7,776 (-41.3%), from €18,821 to €11,045
- Gross operating margin -€1,827
down €1,827 (-42.6%), from -€4,287 to -€6,115
- Depreciation -€1,523
down €1,523 (-73.0%), from €2,088 to €564
- Financial charges -€537
down €537 (-47.1%), from €1,140 to €603
- Other operating charges +€220
up €220 (+80.6%), from €273 to €493
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 | €240,319 | €232,111 | -€8,209 | -3.4% |
| Fixed assets | 21/28 | €193,519 | €192,955 | -€564 | -0.3% |
| Tangible fixed assets | 22/27 | €665 | €101 | -€564 | -84.9% |
| Land and buildings | 22 | €665 | €101 | -€564 | -84.9% |
| Financial fixed assets | 28 | €192,854 | €192,854 | = | 0.0% |
| Current assets | 29/58 | €46,800 | €39,156 | -€7,644 | -16.3% |
| Amounts receivable within one year | 40/41 | €30,468 | €24,755 | -€5,712 | -18.7% |
| Trade receivables | 40 | €29,019 | €24,329 | -€4,690 | -16.2% |
| Other amounts receivable | 41 | €1,449 | €426 | -€1,023 | -70.6% |
| Cash at bank and in hand | 54/58 | €16,333 | €14,401 | -€1,932 | -11.8% |
| Total equity and liabilities | 10/49 | €240,319 | €232,111 | -€8,209 | -3.4% |
| Equity | 10/15 | €100,821 | €93,045 | -€7,776 | -7.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €52,000 | €52,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €49,000 | €49,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,821 | €11,045 | -€7,776 | -41.3% |
| Amounts payable | 17/49 | €139,498 | €139,066 | -€433 | -0.3% |
| Amounts payable within one year | 42/48 | €139,498 | €138,654 | -€844 | -0.6% |
| Trade debts | 44 | €4,484 | €3,640 | -€844 | -18.8% |
| Suppliers | 440/4 | €4,484 | €3,640 | -€844 | -18.8% |
| Taxes, remuneration and social security | 45 | €1,050 | €1,050 | = | 0.0% |
| Taxes | 450/3 | €1,050 | €1,050 | = | 0.0% |
| Other amounts payable | 47/48 | €133,964 | €133,964 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,088 | €564 | -€1,523 | -73.0% |
| Other operating charges | 640/8 | €273 | €493 | +€220 | +80.6% |
| Gross operating margin | 9900 | -€4,287 | -€6,115 | -€1,827 | -42.6% |
| Operating profit (loss) | 9901 | -€6,648 | -€7,173 | -€524 | -7.9% |
| Financial charges | 65/66B | €1,140 | €603 | -€537 | -47.1% |
| Recurring financial charges | 65 | €1,140 | €603 | -€537 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,788 | -€7,776 | +€12 | +0.2% |
| Profit (loss) for the period | 9904 | -€7,788 | -€7,776 | +€12 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,788 | -€7,776 | +€12 | +0.2% |
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 11 October 2026 via checked.be.