Progress Consult: what changed
Two fiscal 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.
Progress Consult
Largest movements
- Tangible fixed assets -€48,869
down €48,869 (-8.3%), from €586,320 to €537,451
of which Land and buildings: -€35,593
- Profit (loss) carried forward -€36,681
down €36,681 (-8.9%), from -€411,345 to -€448,025
- Debts after one year -€14,987
down €14,987 (-1.7%), from €865,606 to €850,618
of which Financial debts: -€74,987
- Other operating charges -€3,743
down €3,743 (-22.2%), from €16,884 to €13,142
- Gross operating margin +€1,566
up €1,566 (+4.4%), from €35,911 to €37,477
- Financial charges -€1,565
down €1,565 (-11.6%), from €13,474 to €11,909
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 | €598,056 | €548,451 | -€49,605 | -8.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €586,320 | €537,451 | -€48,869 | -8.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €586,320 | €537,451 | -€48,869 | -8.3% |
| Land and buildings | 22 | €532,403 | €496,811 | -€35,593 | -6.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €53,916 | €40,640 | -€13,276 | -24.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €11,736 | €11,000 | -€736 | -6.3% |
| Amounts receivable within one year | 40/41 | - | €61 | +€61 | |
| Other amounts receivable | 41 | - | €61 | +€61 | |
| Cash at bank and in hand | 54/58 | €10,135 | €9,282 | -€853 | -8.4% |
| Deferred charges and accrued income | 490/1 | €1,601 | €1,657 | +€56 | +3.5% |
| Total equity and liabilities | 10/49 | €598,056 | €548,451 | -€49,605 | -8.3% |
| Equity | 10/15 | -€372,735 | -€409,415 | -€36,681 | -9.8% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €32,360 | €32,360 | = | 0.0% |
| Distributable reserves | 133 | €32,360 | €32,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,345 | -€448,025 | -€36,681 | -8.9% |
| Amounts payable | 17/49 | €970,791 | €957,866 | -€12,924 | -1.3% |
| Amounts payable after more than one year | 17 | €865,606 | €850,618 | -€14,987 | -1.7% |
| Financial debts | 170/4 | €440,606 | €365,618 | -€74,987 | -17.0% |
| Other amounts payable | 178/9 | €425,000 | €485,000 | +€60,000 | +14.1% |
| Amounts payable within one year | 42/48 | €104,366 | €106,534 | +€2,169 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €78,167 | €79,815 | +€1,647 | +2.1% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €7,524 | €2,634 | -€4,889 | -65.0% |
| Suppliers | 440/4 | €7,524 | €2,634 | -€4,889 | -65.0% |
| Taxes, remuneration and social security | 45 | €206 | €0 | -€206 | -100.0% |
| Taxes | 450/3 | €206 | €0 | -€206 | -100.0% |
| Other amounts payable | 47/48 | €18,469 | €24,085 | +€5,616 | +30.4% |
| Accrued charges and deferred income | 492/3 | €819 | €714 | -€105 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,664 | €48,869 | +€205 | +0.4% |
| Other operating charges | 640/8 | €16,884 | €13,142 | -€3,743 | -22.2% |
| Gross operating margin | 9900 | €35,911 | €37,477 | +€1,566 | +4.4% |
| Operating profit (loss) | 9901 | -€29,637 | -€24,533 | +€5,104 | +17.2% |
| Financial income | 75/76B | €2 | €1 | -€0 | -19.8% |
| Recurring financial income | 75 | €2 | €1 | -€0 | -19.8% |
| Financial charges | 65/66B | €13,474 | €11,909 | -€1,565 | -11.6% |
| Recurring financial charges | 65 | €13,474 | €11,909 | -€1,565 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,109 | -€36,441 | +€6,668 | +15.5% |
| Income taxes | 67/77 | €209 | €240 | +€30 | +14.4% |
| Profit (loss) for the period | 9904 | -€43,319 | -€36,681 | +€6,638 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,319 | -€36,681 | +€6,638 | +15.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.