Progneaux Philippe: 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.
Progneaux Philippe
Largest movements
- Receivables within one year +€92,883
up €92,883 (+275%), from €33,787 to €126,669
of which Other amounts receivable: +€98,135
- Tangible fixed assets -€15,583
down €15,583 (-98.1%), from €15,881 to €299
- Cash +€3,440
up €3,440 (+2.4%), from €140,655 to €144,095
mainly Net result for the year (+€83,922) and Trade debts (+€17,468)
- Profit (loss) carried forward +€135,705
up €135,705 (+117%), from €115,596 to €251,301
- Reserves -€51,783
down €51,783 (-100%), from €51,783 to €0
- Tax, wage and social debts -€19,717
down €19,717 (-81.7%), from €24,120 to €4,402
of which Taxes: -€19,717
- Trade debts +€17,468
up €17,468 (+6,351%), from €275 to €17,743
- Staff costs -€41,228
down €41,228, from €41,222 to -€7
- Gross operating margin -€16,621
down €16,621 (-11.5%), from €144,202 to €127,581
- Taxes +€6,490
up €6,490 (+29.2%), from €22,234 to €28,724
- Financial income +€1,528
new in 2025: €1,528
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 | €193,734 | €273,745 | +€80,011 | +41.3% |
| Fixed assets | 21/28 | €16,086 | €299 | -€15,788 | -98.1% |
| Tangible fixed assets | 22/27 | €15,881 | €299 | -€15,583 | -98.1% |
| Furniture and vehicles | 24 | €15,881 | €299 | -€15,583 | -98.1% |
| Financial fixed assets | 28 | €205 | €0 | -€205 | -100% |
| Current assets | 29/58 | €177,648 | €273,446 | +€95,799 | +53.9% |
| Amounts receivable within one year | 40/41 | €33,787 | €126,669 | +€92,883 | +275% |
| Trade receivables | 40 | €33,787 | €28,534 | -€5,253 | -15.5% |
| Other amounts receivable | 41 | - | €98,135 | +€98,135 | |
| Cash at bank and in hand | 54/58 | €140,655 | €144,095 | +€3,440 | +2.4% |
| Deferred charges and accrued income | 490/1 | €3,206 | €2,682 | -€524 | -16.3% |
| Total equity and liabilities | 10/49 | €193,734 | €273,745 | +€80,011 | +41.3% |
| Equity | 10/15 | €167,479 | €251,401 | +€83,922 | +50.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €51,783 | €0 | -€51,783 | -100% |
| Tax-exempt reserves | 132 | €51,783 | €0 | -€51,783 | -100% |
| Profit (loss) carried forward | 14 | €115,596 | €251,301 | +€135,705 | +117% |
| Amounts payable | 17/49 | €26,255 | €22,344 | -€3,911 | -14.9% |
| Amounts payable within one year | 42/48 | €26,061 | €22,145 | -€3,915 | -15.0% |
| Trade debts | 44 | €275 | €17,743 | +€17,468 | +6,351% |
| Suppliers | 440/4 | €275 | €17,743 | +€17,468 | +6,351% |
| Taxes, remuneration and social security | 45 | €24,120 | €4,402 | -€19,717 | -81.7% |
| Taxes | 450/3 | €24,120 | €4,402 | -€19,717 | -81.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,666 | €0 | -€1,666 | -100% |
| Accrued charges and deferred income | 492/3 | €194 | €198 | +€5 | +2.3% |
| Remuneration, social security and pensions | 62 | €41,222 | -€7 | -€41,228 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,583 | €15,583 | = | 0.0% |
| Other operating charges | 640/8 | €939 | €629 | -€310 | -33.0% |
| Gross operating margin | 9900 | €144,202 | €127,581 | -€16,621 | -11.5% |
| Operating profit (loss) | 9901 | €86,459 | €111,376 | +€24,917 | +28.8% |
| Financial income | 75/76B | - | €1,528 | +€1,528 | |
| Recurring financial income | 75 | - | €1,528 | +€1,528 | |
| Financial charges | 65/66B | €80 | €257 | +€178 | +223% |
| Recurring financial charges | 65 | €80 | €257 | +€178 | +223% |
| Profit (loss) for the period before taxes | 9903 | €86,379 | €112,646 | +€26,267 | +30.4% |
| Income taxes | 67/77 | €22,234 | €28,724 | +€6,490 | +29.2% |
| Profit (loss) for the period | 9904 | €64,145 | €83,922 | +€19,777 | +30.8% |
| Transfer from tax-exempt reserves | 789 | - | €51,783 | +€51,783 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,145 | €135,705 | +€71,560 | +112% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.