PROGERIM PROPERTIES: 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.
PROGERIM PROPERTIES
Largest movements
- Receivables within one year -€497,508
down €497,508 (-87.8%), from €566,860 to €69,352
of which Other amounts receivable: -€309,289
- Cash +€231,001
up €231,001 (+73.4%), from €314,643 to €545,643
mainly Receivables within one year (+€497,508) and Net result for the year (+€128,067)
- Trade debts -€279,229
down €279,229 (-94.8%), from €294,688 to €15,460
- Accrued charges and deferred income -€144,065
down €144,065 (-100%), from €144,065 to €0
- Profit (loss) carried forward +€128,067
up €128,067 (+35.2%), from €364,252 to €492,319
- Tax, wage and social debts +€21,408
up €21,408 (+84.9%), from €25,225 to €46,633
- Turnover -€762,996
down €762,996 (-85.0%), from €897,625 to €134,630
- Goods and materials -€459,345
down €459,345 (-99.3%), from €462,655 to €3,310
- Services and other goods -€191,596
down €191,596 (-98.1%), from €195,327 to €3,731
- Write-downs -€122,859
down €122,859, from €67,081 to -€55,778
- Other operating charges -€40,597
down €40,597 (-96.9%), from €41,890 to €1,293
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 | €896,430 | €622,612 | -€273,818 | -30.5% |
| Fixed assets | 21/28 | €14,918 | €7,617 | -€7,301 | -48.9% |
| Intangible fixed assets | 21 | €14,918 | €7,617 | -€7,301 | -48.9% |
| Current assets | 29/58 | €881,512 | €614,995 | -€266,517 | -30.2% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €566,860 | €69,352 | -€497,508 | -87.8% |
| Trade receivables | 40 | €197,571 | €9,352 | -€188,219 | -95.3% |
| Other amounts receivable | 41 | €369,289 | €60,000 | -€309,289 | -83.8% |
| Cash at bank and in hand | 54/58 | €314,643 | €545,643 | +€231,001 | +73.4% |
| Deferred charges and accrued income | 490/1 | €10 | €0 | -€10 | -100% |
| Total equity and liabilities | 10/49 | €896,430 | €622,612 | -€273,818 | -30.5% |
| Equity | 10/15 | €432,452 | €560,519 | +€128,067 | +29.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €364,252 | €492,319 | +€128,067 | +35.2% |
| Amounts payable | 17/49 | €463,978 | €62,093 | -€401,885 | -86.6% |
| Amounts payable within one year | 42/48 | €319,914 | €62,093 | -€257,821 | -80.6% |
| Trade debts | 44 | €294,688 | €15,460 | -€279,229 | -94.8% |
| Suppliers | 440/4 | €294,688 | €15,460 | -€279,229 | -94.8% |
| Taxes, remuneration and social security | 45 | €25,225 | €46,633 | +€21,408 | +84.9% |
| Taxes | 450/3 | €25,225 | €46,633 | +€21,408 | +84.9% |
| Accrued charges and deferred income | 492/3 | €144,065 | €0 | -€144,065 | -100% |
| Operating income | 70/76A | €898,169 | €135,483 | -€762,686 | -84.9% |
| Turnover | 70 | €897,625 | €134,630 | -€762,996 | -85.0% |
| Other operating income | 74 | €544 | €853 | +€309 | +56.9% |
| Operating charges | 60/66A | €774,254 | -€40,143 | -€814,397 | |
| Goods for resale, raw materials and consumables | 60 | €462,655 | €3,310 | -€459,345 | -99.3% |
| Purchases | 600/8 | €462,655 | €3,310 | -€459,345 | -99.3% |
| Services and other goods | 61 | €195,327 | €3,731 | -€191,596 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,301 | €7,301 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €67,081 | -€55,778 | -€122,859 | |
| Other operating charges | 640/8 | €41,890 | €1,293 | -€40,597 | -96.9% |
| Operating profit (loss) | 9901 | €123,915 | €175,626 | +€51,711 | +41.7% |
| Financial charges | 65/66B | €1,318 | €888 | -€431 | -32.7% |
| Recurring financial charges | 65 | €1,318 | €888 | -€431 | -32.7% |
| Debt charges | 650 | €146 | €69 | -€77 | -52.7% |
| Other financial charges | 652/9 | €1,172 | €818 | -€354 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €122,597 | €174,738 | +€52,142 | +42.5% |
| Income taxes | 67/77 | €30,863 | €46,671 | +€15,809 | +51.2% |
| Taxes | 670/3 | €30,863 | €77,358 | +€46,496 | +151% |
| Tax adjustments and reversals of tax provisions | 77 | - | €30,687 | +€30,687 | |
| Profit (loss) for the period | 9904 | €91,734 | €128,067 | +€36,333 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,734 | €128,067 | +€36,333 | +39.6% |
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 17 October 2026 via checked.be.