PROGESTOR: 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.
PROGESTOR
Largest movements
- Receivables within one year -€52,747
down €52,747 (-48.8%), from €108,032 to €55,285
of which Trade receivables: -€66,735
- Cash +€31,587
up €31,587 (+41.5%), from €76,191 to €107,778
mainly Receivables within one year (+€52,747) and Depreciation (+€10,414)
- Tangible fixed assets -€3,956
down €3,956 (-40.0%), from €9,889 to €5,933
of which Leasing and similar rights: -€9,136
- Reserves -€22,000
down €22,000 (-7.4%), from €296,197 to €274,197
of which Distributable reserves: -€22,000
- Gross operating margin -€19,414
down €19,414, from €18,279 to -€1,135
- Staff costs -€13,335
down €13,335 (-95.7%), from €13,941 to €606
- Depreciation -€699
down €699 (-6.3%), from €11,112 to €10,414
- Financial charges -€657
down €657 (-35.2%), from €1,866 to €1,209
- Other operating charges -€602
down €602 (-27.9%), from €2,159 to €1,557
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 | €383,750 | €359,299 | -€24,452 | -6.4% |
| Fixed assets | 21/28 | €22,913 | €18,599 | -€4,314 | -18.8% |
| Tangible fixed assets | 22/27 | €9,889 | €5,933 | -€3,956 | -40.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €753 | €5,933 | +€5,180 | +688% |
| Leasing and similar rights | 25 | €9,136 | - | -€9,136 | |
| Financial fixed assets | 28 | €13,024 | €12,666 | -€359 | -2.8% |
| Current assets | 29/58 | €360,837 | €340,700 | -€20,137 | -5.6% |
| Amounts receivable after more than one year | 29 | €173,906 | €177,637 | +€3,731 | +2.1% |
| Trade receivables | 290 | €173,906 | €177,637 | +€3,731 | +2.1% |
| Amounts receivable within one year | 40/41 | €108,032 | €55,285 | -€52,747 | -48.8% |
| Trade receivables | 40 | €74,652 | €7,917 | -€66,735 | -89.4% |
| Other amounts receivable | 41 | €33,380 | €47,368 | +€13,988 | +41.9% |
| Cash at bank and in hand | 54/58 | €76,191 | €107,778 | +€31,587 | +41.5% |
| Deferred charges and accrued income | 490/1 | €2,708 | - | -€2,708 | |
| Total equity and liabilities | 10/49 | €383,750 | €359,299 | -€24,452 | -6.4% |
| Equity | 10/15 | €361,013 | €339,186 | -€21,827 | -6.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €296,197 | €274,197 | -€22,000 | -7.4% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | - | -€6,197 | |
| Reserves not available under the articles | 1311 | - | €6,197 | +€6,197 | |
| Distributable reserves | 133 | €290,000 | €268,000 | -€22,000 | -7.6% |
| Profit (loss) carried forward | 14 | €2,842 | €3,015 | +€173 | +6.1% |
| Amounts payable | 17/49 | €22,738 | €20,113 | -€2,624 | -11.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €22,738 | €20,113 | -€2,624 | -11.5% |
| Trade debts | 44 | €5,962 | €6,742 | +€780 | +13.1% |
| Suppliers | 440/4 | €5,962 | €6,742 | +€780 | +13.1% |
| Taxes, remuneration and social security | 45 | €1,744 | €210 | -€1,534 | -88.0% |
| Taxes | 450/3 | €1,645 | €210 | -€1,435 | -87.2% |
| Remuneration and social security | 454/9 | €99 | - | -€99 | |
| Other amounts payable | 47/48 | €15,032 | €13,161 | -€1,870 | -12.4% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €13,941 | €606 | -€13,335 | -95.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,112 | €10,414 | -€699 | -6.3% |
| Other operating charges | 640/8 | €2,159 | €1,557 | -€602 | -27.9% |
| Gross operating margin | 9900 | €18,279 | -€1,135 | -€19,414 | |
| Operating profit (loss) | 9901 | -€8,933 | -€13,711 | -€4,778 | -53.5% |
| Financial income | 75/76B | €5,613 | €5,801 | +€188 | +3.3% |
| Recurring financial income | 75 | €5,613 | €5,801 | +€188 | +3.3% |
| Financial charges | 65/66B | €1,866 | €1,209 | -€657 | -35.2% |
| Recurring financial charges | 65 | €1,866 | €1,209 | -€657 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,186 | -€9,120 | -€3,934 | -75.9% |
| Income taxes | 67/77 | €1,297 | €707 | -€590 | -45.5% |
| Profit (loss) for the period | 9904 | -€6,482 | -€9,827 | -€3,345 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,482 | -€9,827 | -€3,345 | -51.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.