PROGEST INFRA: 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.
PROGEST INFRA
Largest movements
- Financial fixed assets -€455,050
no longer reported in 2025 (was €455,050)
- Receivables within one year -€17,339
down €17,339 (-25.6%), from €67,708 to €50,370
- Cash -€9,936
down €9,936 (-62.4%), from €15,914 to €5,977
mainly Net result for the year (-€457,173) and Trade debts (-€34,966)
- Profit (loss) carried forward -€457,173
down €457,173, from €252,114 to -€205,060
- Trade debts -€34,966
down €34,966 (-87.2%), from €40,082 to €5,116
- Current portion of long-term debt +€18,000
new in 2025: €18,000
- Other debts -€13,827
down €13,827 (-24.9%), from €55,587 to €41,760
- Gross operating margin -€34,083
down €34,083 (-64.1%), from €53,140 to €19,057
- Taxes -€3,292
down €3,292 (-18.4%), from €17,866 to €14,574
- Other operating charges +€1,021
up €1,021 (+45.6%), from €2,241 to €3,262
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 | €544,713 | €58,950 | -€485,763 | -89.2% |
| Fixed assets | 21/28 | €455,390 | - | -€455,390 | |
| Tangible fixed assets | 22/27 | €340 | - | -€340 | |
| Furniture and vehicles | 24 | €340 | - | -€340 | |
| Financial fixed assets | 28 | €455,050 | - | -€455,050 | |
| Current assets | 29/58 | €89,322 | €58,950 | -€30,373 | -34.0% |
| Amounts receivable within one year | 40/41 | €67,708 | €50,370 | -€17,339 | -25.6% |
| Trade receivables | 40 | €67,708 | €50,370 | -€17,339 | -25.6% |
| Cash at bank and in hand | 54/58 | €15,914 | €5,977 | -€9,936 | -62.4% |
| Deferred charges and accrued income | 490/1 | €5,700 | €2,603 | -€3,098 | -54.3% |
| Total equity and liabilities | 10/49 | €544,713 | €58,950 | -€485,763 | -89.2% |
| Equity | 10/15 | €395,714 | -€61,460 | -€457,173 | |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,114 | -€205,060 | -€457,173 | |
| Amounts payable | 17/49 | €148,999 | €120,409 | -€28,590 | -19.2% |
| Amounts payable within one year | 42/48 | €148,999 | €120,409 | -€28,590 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | - | €18,000 | +€18,000 | |
| Trade debts | 44 | €40,082 | €5,116 | -€34,966 | -87.2% |
| Suppliers | 440/4 | €40,082 | €5,116 | -€34,966 | -87.2% |
| Taxes, remuneration and social security | 45 | €53,330 | €55,534 | +€2,204 | +4.1% |
| Taxes | 450/3 | €53,330 | €55,534 | +€2,204 | +4.1% |
| Other amounts payable | 47/48 | €55,587 | €41,760 | -€13,827 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €697 | €340 | -€357 | -51.2% |
| Other operating charges | 640/8 | €2,241 | €3,262 | +€1,021 | +45.6% |
| Non-recurring operating charges | 66A | €5,132 | €455,050 | +€449,918 | +8766.7% |
| Gross operating margin | 9900 | €53,140 | €19,057 | -€34,083 | -64.1% |
| Operating profit (loss) | 9901 | €45,070 | -€439,595 | -€484,666 | |
| Financial income | 75/76B | €52 | €52 | -€1 | -1.5% |
| Recurring financial income | 75 | €52 | €52 | -€1 | -1.5% |
| Financial charges | 65/66B | €2,526 | €3,056 | +€530 | +21.0% |
| Recurring financial charges | 65 | €2,526 | €3,056 | +€530 | +21.0% |
| Profit (loss) for the period before taxes | 9903 | €42,596 | -€442,600 | -€485,196 | |
| Income taxes | 67/77 | €17,866 | €14,574 | -€3,292 | -18.4% |
| Profit (loss) for the period | 9904 | €24,730 | -€457,173 | -€481,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,730 | -€457,173 | -€481,904 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.