PROGLAB: 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.
PROGLAB
Largest movements
- Receivables within one year -€14,920
down €14,920 (-51.7%), from €28,880 to €13,959
of which Trade receivables: -€16,838
- Cash -€10,844
down €10,844 (-45.7%), from €23,720 to €12,876
mainly Accrued charges and deferred income (-€20,999) and Trade debts (-€5,297)
- Tangible fixed assets -€4,148
down €4,148 (-38.6%), from €10,755 to €6,607
of which Furniture and vehicles: -€3,044
- Accrued charges and deferred income -€20,999
no longer reported in 2025 (was €20,999)
- Trade debts -€5,297
down €5,297 (-76.3%), from €6,942 to €1,645
of which Bills of exchange payable: -€6,420
- Tax, wage and social debts -€4,571
down €4,571 (-63.9%), from €7,150 to €2,579
of which Taxes: -€4,571
- Profit (loss) carried forward +€3,208
up €3,208 (+76.7%), from -€4,183 to -€976
- Current portion of long-term debt -€2,913
no longer reported in 2025 (was €2,913)
- Gross operating margin +€20,524
up €20,524, from -€11,002 to €9,522
- Depreciation -€4,168
down €4,168 (-43.3%), from €9,620 to €5,452
- Other operating charges -€1,760
down €1,760 (-83.3%), from €2,113 to €352
- Financial charges -€1,577
down €1,577 (-81.5%), from €1,936 to €358
- Taxes +€152
new in 2025: €152
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 | €63,851 | €33,618 | -€30,232 | -47.3% |
| Fixed assets | 21/28 | €10,755 | €6,607 | -€4,148 | -38.6% |
| Tangible fixed assets | 22/27 | €10,755 | €6,607 | -€4,148 | -38.6% |
| Plant, machinery and equipment | 23 | €2,154 | €1,544 | -€610 | -28.3% |
| Furniture and vehicles | 24 | €4,854 | €1,810 | -€3,044 | -62.7% |
| Other tangible fixed assets | 26 | €3,747 | €3,253 | -€494 | -13.2% |
| Current assets | 29/58 | €53,096 | €27,011 | -€26,085 | -49.1% |
| Amounts receivable within one year | 40/41 | €28,880 | €13,959 | -€14,920 | -51.7% |
| Trade receivables | 40 | €27,349 | €10,511 | -€16,838 | -61.6% |
| Other amounts receivable | 41 | €1,531 | €3,448 | +€1,917 | +125.2% |
| Cash at bank and in hand | 54/58 | €23,720 | €12,876 | -€10,844 | -45.7% |
| Deferred charges and accrued income | 490/1 | €496 | €176 | -€320 | -64.5% |
| Total equity and liabilities | 10/49 | €63,851 | €33,618 | -€30,232 | -47.3% |
| Equity | 10/15 | -€2,183 | €1,024 | +€3,208 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,183 | -€976 | +€3,208 | +76.7% |
| Amounts payable | 17/49 | €66,034 | €32,594 | -€33,440 | -50.6% |
| Amounts payable within one year | 42/48 | €45,035 | €32,594 | -€12,441 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €2,913 | - | -€2,913 | |
| Trade debts | 44 | €6,942 | €1,645 | -€5,297 | -76.3% |
| Suppliers | 440/4 | €522 | €1,645 | +€1,123 | +215.3% |
| Bills of exchange payable | 441 | €6,420 | - | -€6,420 | |
| Taxes, remuneration and social security | 45 | €7,150 | €2,579 | -€4,571 | -63.9% |
| Taxes | 450/3 | €5,560 | €989 | -€4,571 | -82.2% |
| Remuneration and social security | 454/9 | €1,590 | €1,590 | = | 0.0% |
| Other amounts payable | 47/48 | €28,031 | €28,370 | +€339 | +1.2% |
| Accrued charges and deferred income | 492/3 | €20,999 | - | -€20,999 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,620 | €5,452 | -€4,168 | -43.3% |
| Other operating charges | 640/8 | €2,113 | €352 | -€1,760 | -83.3% |
| Gross operating margin | 9900 | -€11,002 | €9,522 | +€20,524 | |
| Operating profit (loss) | 9901 | -€22,734 | €3,718 | +€26,453 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,936 | €358 | -€1,577 | -81.5% |
| Recurring financial charges | 65 | €1,936 | €358 | -€1,577 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,670 | €3,360 | +€28,030 | |
| Income taxes | 67/77 | - | €152 | +€152 | |
| Profit (loss) for the period | 9904 | -€24,670 | €3,208 | +€27,878 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,670 | €3,208 | +€27,878 |
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 10 October 2026 via checked.be.