PROGES: 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.
PROGES
Largest movements
- Cash -€16,276
down €16,276 (-37.3%), from €43,620 to €27,344
mainly Receivables within one year (-€6,668) and Contributions, distributions and other (-€5,409)
- Receivables within one year +€6,668
up €6,668 (+188.4%), from €3,539 to €10,208
- Deferred charges and accrued income +€1,087
up €1,087 (+367.7%), from €296 to €1,382
- Profit (loss) carried forward -€4,451
down €4,451 (-13.1%), from €33,858 to €29,407
- Tax, wage and social debts -€3,494
down €3,494 (-52.4%), from €6,671 to €3,178
- Other debts -€1,083
no longer reported in 2025 (was €1,083)
- Trade debts +€507
up €507 (+60.2%), from €842 to €1,349
- Gross operating margin +€12,948
up €12,948, from -€10,847 to €2,101
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 | €47,455 | €38,934 | -€8,521 | -18.0% |
| Current assets | 29/58 | €47,455 | €38,934 | -€8,521 | -18.0% |
| Amounts receivable within one year | 40/41 | €3,539 | €10,208 | +€6,668 | +188.4% |
| Trade receivables | 40 | €3,539 | €10,208 | +€6,668 | +188.4% |
| Cash at bank and in hand | 54/58 | €43,620 | €27,344 | -€16,276 | -37.3% |
| Deferred charges and accrued income | 490/1 | €296 | €1,382 | +€1,087 | +367.7% |
| Total equity and liabilities | 10/49 | €47,455 | €38,934 | -€8,521 | -18.0% |
| Equity | 10/15 | €38,858 | €34,407 | -€4,451 | -11.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,858 | €29,407 | -€4,451 | -13.1% |
| Amounts payable | 17/49 | €8,597 | €4,527 | -€4,070 | -47.3% |
| Amounts payable within one year | 42/48 | €8,597 | €4,527 | -€4,070 | -47.3% |
| Trade debts | 44 | €842 | €1,349 | +€507 | +60.2% |
| Suppliers | 440/4 | €842 | €1,349 | +€507 | +60.2% |
| Taxes, remuneration and social security | 45 | €6,671 | €3,178 | -€3,494 | -52.4% |
| Taxes | 450/3 | €6,671 | €3,178 | -€3,494 | -52.4% |
| Other amounts payable | 47/48 | €1,083 | - | -€1,083 | |
| Other operating charges | 640/8 | €284 | €295 | +€11 | +3.7% |
| Gross operating margin | 9900 | -€10,847 | €2,101 | +€12,948 | |
| Operating profit (loss) | 9901 | -€11,131 | €1,806 | +€12,938 | |
| Financial charges | 65/66B | €567 | €534 | -€32 | -5.7% |
| Recurring financial charges | 65 | €567 | €534 | -€32 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,698 | €1,272 | +€12,970 | |
| Income taxes | 67/77 | €325 | €314 | -€11 | -3.4% |
| Profit (loss) for the period | 9904 | -€12,023 | €958 | +€12,981 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,023 | €958 | +€12,981 |
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 9 October 2026 via checked.be.