PROGINIS: 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.
PROGINIS
Largest movements
- Receivables within one year +€6,135
up €6,135 (+24.9%), from €24,601 to €30,736
of which Trade receivables: +€5,324
- Tangible fixed assets +€5,030
up €5,030 (+354%), from €1,420 to €6,450
of which Other tangible fixed assets: +€5,382
- Cash +€4,662
up €4,662 (+352%), from €1,323 to €5,985
mainly Net result for the year (+€33,617) and Other debts (+€21,198)
- Deferred charges and accrued income -€2,568
down €2,568 (-28.5%), from €8,996 to €6,428
- Other debts +€21,198
up €21,198 (+154%), from €13,802 to €35,000
- Tax, wage and social debts -€5,703
down €5,703 (-37.0%), from €15,404 to €9,701
of which Remuneration and social security: -€5,976
- Profit (loss) carried forward -€1,383
down €1,383 (-74.6%), from €1,855 to €472
- Trade debts -€853
down €853 (-73.9%), from €1,154 to €301
- Staff costs -€26,840
down €26,840 (-63.5%), from €42,268 to €15,428
- Purchases and services -€10,489
down €10,489 (-12.8%), from €81,856 to €71,367
- Taxes +€5,901
up €5,901 (+208%), from €2,843 to €8,744
- Turnover +€1,560
up €1,560 (+1.2%), from €130,200 to €131,760
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 | €36,515 | €49,774 | +€13,259 | +36.3% |
| Fixed assets | 21/28 | €1,595 | €6,625 | +€5,030 | +315% |
| Tangible fixed assets | 22/27 | €1,420 | €6,450 | +€5,030 | +354% |
| Furniture and vehicles | 24 | €736 | €384 | -€352 | -47.8% |
| Other tangible fixed assets | 26 | €684 | €6,066 | +€5,382 | +787% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €34,920 | €43,149 | +€8,229 | +23.6% |
| Amounts receivable within one year | 40/41 | €24,601 | €30,736 | +€6,135 | +24.9% |
| Trade receivables | 40 | €21,006 | €26,330 | +€5,324 | +25.3% |
| Other amounts receivable | 41 | €3,595 | €4,406 | +€811 | +22.6% |
| Cash at bank and in hand | 54/58 | €1,323 | €5,985 | +€4,662 | +352% |
| Deferred charges and accrued income | 490/1 | €8,996 | €6,428 | -€2,568 | -28.5% |
| Total equity and liabilities | 10/49 | €36,515 | €49,774 | +€13,259 | +36.3% |
| Equity | 10/15 | €6,155 | €4,772 | -€1,383 | -22.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,300 | €2,300 | = | 0.0% |
| Distributable reserves | 133 | €2,300 | €2,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,855 | €472 | -€1,383 | -74.6% |
| Amounts payable | 17/49 | €30,360 | €45,002 | +€14,642 | +48.2% |
| Amounts payable within one year | 42/48 | €30,360 | €45,002 | +€14,642 | +48.2% |
| Trade debts | 44 | €1,154 | €301 | -€853 | -73.9% |
| Suppliers | 440/4 | €1,154 | €301 | -€853 | -73.9% |
| Taxes, remuneration and social security | 45 | €15,404 | €9,701 | -€5,703 | -37.0% |
| Taxes | 450/3 | €9,428 | €9,701 | +€273 | +2.9% |
| Remuneration and social security | 454/9 | €5,976 | - | -€5,976 | |
| Other amounts payable | 47/48 | €13,802 | €35,000 | +€21,198 | +154% |
| Turnover | 70 | €130,200 | €131,760 | +€1,560 | +1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €81,856 | €71,367 | -€10,489 | -12.8% |
| Remuneration, social security and pensions | 62 | €42,268 | €15,428 | -€26,840 | -63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520 | €855 | +€335 | +64.4% |
| Other operating charges | 640/8 | €1,507 | €874 | -€633 | -42.0% |
| Gross operating margin | 9900 | €61,191 | €61,326 | +€135 | +0.2% |
| Operating profit (loss) | 9901 | €16,896 | €44,169 | +€27,273 | +161% |
| Financial charges | 65/66B | €2,053 | €1,808 | -€245 | -11.9% |
| Recurring financial charges | 65 | €2,053 | €1,808 | -€245 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €14,843 | €42,361 | +€27,518 | +185% |
| Income taxes | 67/77 | €2,843 | €8,744 | +€5,901 | +208% |
| Profit (loss) for the period | 9904 | €12,000 | €33,617 | +€21,617 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €12,000 | €33,617 | +€21,617 | +180% |
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 29 October 2026 via checked.be.