PROGRESS LAWYERS NETWORK – BRUSSELS: 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.
PROGRESS LAWYERS NETWORK – BRUSSELS
Largest movements
- Tangible fixed assets +€4,795
up €4,795 (+23.8%), from €20,140 to €24,935
of which Furniture and vehicles: +€5,295
- Trade debts +€10,445
up €10,445 (+149%), from €7,015 to €17,460
- Tax, wage and social debts +€5,604
up €5,604 (+21.3%), from €26,266 to €31,869
of which Taxes: +€4,087
- Profit (loss) carried forward -€5,281
down €5,281 (-3.0%), from €175,992 to €170,711
- Staff costs -€16,830
down €16,830 (-13.4%), from €125,155 to €108,325
- Gross operating margin +€13,904
up €13,904 (+13.6%), from €102,488 to €116,393
- Depreciation +€2,359
up €2,359 (+36.4%), from €6,475 to €8,834
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 | €294,497 | €302,801 | +€8,304 | +2.8% |
| Fixed assets | 21/28 | €20,665 | €25,460 | +€4,795 | +23.2% |
| Tangible fixed assets | 22/27 | €20,140 | €24,935 | +€4,795 | +23.8% |
| Plant, machinery and equipment | 23 | €11,199 | €10,698 | -€501 | -4.5% |
| Furniture and vehicles | 24 | €8,941 | €14,237 | +€5,295 | +59.2% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €273,832 | €277,341 | +€3,509 | +1.3% |
| Amounts receivable within one year | 40/41 | €53,033 | €55,979 | +€2,946 | +5.6% |
| Trade receivables | 40 | €51,033 | €53,979 | +€2,946 | +5.8% |
| Other amounts receivable | 41 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €217,471 | €217,975 | +€504 | +0.2% |
| Deferred charges and accrued income | 490/1 | €3,328 | €3,387 | +€59 | +1.8% |
| Total equity and liabilities | 10/49 | €294,497 | €302,801 | +€8,304 | +2.8% |
| Equity | 10/15 | €188,392 | €183,111 | -€5,281 | -2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,992 | €170,711 | -€5,281 | -3.0% |
| Amounts payable | 17/49 | €106,105 | €119,690 | +€13,585 | +12.8% |
| Amounts payable after more than one year | 17 | €12,908 | €12,908 | = | 0.0% |
| Other amounts payable | 178/9 | €12,908 | €12,908 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,198 | €106,783 | +€13,585 | +14.6% |
| Trade debts | 44 | €7,015 | €17,460 | +€10,445 | +149% |
| Suppliers | 440/4 | €7,015 | €17,460 | +€10,445 | +149% |
| Taxes, remuneration and social security | 45 | €26,266 | €31,869 | +€5,604 | +21.3% |
| Taxes | 450/3 | €13,971 | €18,058 | +€4,087 | +29.3% |
| Remuneration and social security | 454/9 | €12,295 | €13,812 | +€1,517 | +12.3% |
| Other amounts payable | 47/48 | €59,917 | €57,453 | -€2,463 | -4.1% |
| Non-recurring operating income | 76A | €4 | - | -€4 | |
| Remuneration, social security and pensions | 62 | €125,155 | €108,325 | -€16,830 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,475 | €8,834 | +€2,359 | +36.4% |
| Other operating charges | 640/8 | €2,215 | €2,660 | +€445 | +20.1% |
| Non-recurring operating charges | 66A | -€0 | €552 | +€552 | |
| Gross operating margin | 9900 | €102,488 | €116,393 | +€13,904 | +13.6% |
| Operating profit (loss) | 9901 | -€31,356 | -€3,978 | +€27,378 | +87.3% |
| Financial charges | 65/66B | €1,087 | €1,303 | +€217 | +19.9% |
| Recurring financial charges | 65 | €1,087 | €1,303 | +€217 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,443 | -€5,281 | +€27,161 | +83.7% |
| Profit (loss) for the period | 9904 | -€32,443 | -€5,281 | +€27,161 | +83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,443 | -€5,281 | +€27,161 | +83.7% |
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 15 October 2026 via checked.be.