PROGIAN: 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.
PROGIAN
Largest movements
- Receivables within one year +€4,349
up €4,349 (+13.1%), from €33,181 to €37,530
- Cash +€3,144
up €3,144 (+89.5%), from €3,512 to €6,656
mainly Other debts (+€35,712)
- Other debts +€35,712
up €35,712 (+34.4%), from €103,962 to €139,674
- Tax, wage and social debts -€21,899
down €21,899 (-98.3%), from €22,284 to €385
- Profit (loss) carried forward -€5,336
down €5,336 (-79.6%), from -€6,707 to -€12,043
- Purchases and services -€6,832
down €6,832 (-13.5%), from €50,629 to €43,797
- Gross operating margin -€3,366
down €3,366, from €601 to -€2,765
- Turnover -€2,858
down €2,858 (-5.6%), from €51,230 to €48,372
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,489 | €146,966 | +€8,477 | +6.1% |
| Current assets | 29/58 | €138,489 | €146,966 | +€8,477 | +6.1% |
| Stocks and contracts in progress | 3 | €101,796 | €102,780 | +€984 | +1.0% |
| Stocks | 30/36 | €101,796 | €102,780 | +€984 | +1.0% |
| Amounts receivable within one year | 40/41 | €33,181 | €37,530 | +€4,349 | +13.1% |
| Trade receivables | 40 | €33,181 | €37,530 | +€4,349 | +13.1% |
| Cash at bank and in hand | 54/58 | €3,512 | €6,656 | +€3,144 | +89.5% |
| Total equity and liabilities | 10/49 | €138,489 | €146,966 | +€8,477 | +6.1% |
| Equity | 10/15 | €12,243 | €6,907 | -€5,336 | -43.6% |
| Contributions | 10/11 | €18,600 | €18,950 | +€350 | +1.9% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €350 | - | -€350 | |
| Non-distributable reserves | 130/1 | €350 | - | -€350 | |
| Legal reserve | 130 | €350 | - | -€350 | |
| Profit (loss) carried forward | 14 | -€6,707 | -€12,043 | -€5,336 | -79.6% |
| Amounts payable | 17/49 | €126,246 | €140,059 | +€13,813 | +10.9% |
| Amounts payable within one year | 42/48 | €126,246 | €140,059 | +€13,813 | +10.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €22,284 | €385 | -€21,899 | -98.3% |
| Taxes | 450/3 | €22,284 | €385 | -€21,899 | -98.3% |
| Other amounts payable | 47/48 | €103,962 | €139,674 | +€35,712 | +34.4% |
| Turnover | 70 | €51,230 | €48,372 | -€2,858 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,629 | €43,797 | -€6,832 | -13.5% |
| Other operating charges | 640/8 | €803 | €1,006 | +€203 | +25.3% |
| Non-recurring operating charges | 66A | - | €625 | +€625 | |
| Gross operating margin | 9900 | €601 | -€2,765 | -€3,366 | |
| Operating profit (loss) | 9901 | -€202 | -€4,396 | -€4,194 | -2,076% |
| Financial charges | 65/66B | €182 | €510 | +€328 | +180% |
| Recurring financial charges | 65 | €182 | €510 | +€328 | +180% |
| Profit (loss) for the period before taxes | 9903 | -€384 | -€4,906 | -€4,522 | -1,178% |
| Income taxes | 67/77 | €392 | €430 | +€38 | +9.7% |
| Profit (loss) for the period | 9904 | -€776 | -€5,336 | -€4,560 | -588% |
| Profit (loss) for the period to be appropriated | 9905 | -€776 | -€5,336 | -€4,560 | -588% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.