PROGRAN: 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.
PROGRAN
Largest movements
- Cash +€11,773
up €11,773 (+50.3%), from €23,427 to €35,201
mainly Net result for the year (+€21,973) and Depreciation (+€7,681)
- Tangible fixed assets -€7,681
down €7,681 (-3.6%), from €213,757 to €206,075
of which Land and buildings: -€6,733
- Receivables within one year +€4,717
up €4,717 (+33.4%), from €14,140 to €18,857
of which Trade receivables: +€5,200
- Reserves +€21,973
up €21,973 (+18.2%), from €120,921 to €142,895
- Other debts -€11,331
down €11,331 (-15.8%), from €71,749 to €60,417
- Debts after one year -€10,000
down €10,000 (-33.3%), from €29,999 to €19,999
- Accrued charges and deferred income +€5,000
up €5,000 (+588%), from €850 to €5,850
- Tax, wage and social debts +€3,280
up €3,280 (+62.0%), from €5,288 to €8,569
- Financial charges -€1,517
down €1,517 (-23.2%), from €6,548 to €5,031
- Gross operating margin +€1,503
up €1,503 (+3.4%), from €44,811 to €46,314
- Taxes +€733
up €733 (+9.3%), from €7,921 to €8,655
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 | €251,325 | €260,134 | +€8,809 | +3.5% |
| Fixed assets | 21/28 | €213,757 | €206,075 | -€7,681 | -3.6% |
| Tangible fixed assets | 22/27 | €213,757 | €206,075 | -€7,681 | -3.6% |
| Land and buildings | 22 | €211,609 | €204,876 | -€6,733 | -3.2% |
| Plant, machinery and equipment | 23 | €976 | €538 | -€438 | -44.9% |
| Furniture and vehicles | 24 | €1,172 | €662 | -€510 | -43.5% |
| Current assets | 29/58 | €37,568 | €54,058 | +€16,490 | +43.9% |
| Amounts receivable within one year | 40/41 | €14,140 | €18,857 | +€4,717 | +33.4% |
| Trade receivables | 40 | €13,650 | €18,850 | +€5,200 | +38.1% |
| Other amounts receivable | 41 | €490 | €7 | -€483 | -98.5% |
| Cash at bank and in hand | 54/58 | €23,427 | €35,201 | +€11,773 | +50.3% |
| Total equity and liabilities | 10/49 | €251,325 | €260,134 | +€8,809 | +3.5% |
| Equity | 10/15 | €133,321 | €155,295 | +€21,973 | +16.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €120,921 | €142,895 | +€21,973 | +18.2% |
| Distributable reserves | 133 | €120,921 | €142,895 | +€21,973 | +18.2% |
| Amounts payable | 17/49 | €118,003 | €104,839 | -€13,165 | -11.2% |
| Amounts payable after more than one year | 17 | €29,999 | €19,999 | -€10,000 | -33.3% |
| Financial debts | 170/4 | €29,999 | €19,999 | -€10,000 | -33.3% |
| Amounts payable within one year | 42/48 | €87,154 | €78,989 | -€8,164 | -9.4% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €117 | €3 | -€114 | -97.4% |
| Suppliers | 440/4 | €117 | €3 | -€114 | -97.4% |
| Taxes, remuneration and social security | 45 | €5,288 | €8,569 | +€3,280 | +62.0% |
| Taxes | 450/3 | €5,288 | €8,569 | +€3,280 | +62.0% |
| Other amounts payable | 47/48 | €71,749 | €60,417 | -€11,331 | -15.8% |
| Accrued charges and deferred income | 492/3 | €850 | €5,850 | +€5,000 | +588% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,764 | €7,681 | -€83 | -1.1% |
| Other operating charges | 640/8 | €3,031 | €2,975 | -€56 | -1.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €44,811 | €46,314 | +€1,503 | +3.4% |
| Operating profit (loss) | 9901 | €34,016 | €35,658 | +€1,642 | +4.8% |
| Financial income | 75/76B | €1 | €1 | +€0 | +22.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +22.0% |
| Financial charges | 65/66B | €6,548 | €5,031 | -€1,517 | -23.2% |
| Recurring financial charges | 65 | €6,548 | €5,031 | -€1,517 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €27,469 | €30,628 | +€3,159 | +11.5% |
| Income taxes | 67/77 | €7,921 | €8,655 | +€733 | +9.3% |
| Profit (loss) for the period | 9904 | €19,548 | €21,973 | +€2,426 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,548 | €21,973 | +€2,426 | +12.4% |
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 16 October 2026 via checked.be.