PROGRESS POWER CONSULT: 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 POWER CONSULT
Largest movements
- Deferred charges and accrued income -€2,199
down €2,199 (-27.9%), from €7,886 to €5,687
- Cash +€725
up €725 (+12.1%), from €5,998 to €6,724
mainly Net result for the year (+€4,484) and Deferred charges and accrued income (+€2,199)
- Receivables within one year -€451
down €451 (-5.4%), from €8,355 to €7,904
of which Other amounts receivable: -€336
- Tangible fixed assets -€249
down €249 (-11.5%), from €2,160 to €1,911
of which Furniture and vehicles: -€218
- Other debts -€6,399
down €6,399 (-73.3%), from €8,729 to €2,330
- Profit (loss) carried forward +€4,484
up €4,484 (+94.6%), from €4,738 to €9,223
- Short-term financial debts -€1,186
down €1,186 (-70.1%), from €1,692 to €506
- Tax, wage and social debts +€982
up €982 (+31.1%), from €3,162 to €4,144
- Gross operating margin -€1,301
down €1,301 (-8.8%), from €14,835 to €13,533
- Financial charges -€915
down €915 (-19.6%), from €4,668 to €3,753
- Other operating charges +€428
up €428 (+43.9%), from €975 to €1,403
- Taxes -€291
down €291 (-9.6%), from €3,026 to €2,735
- Depreciation -€284
down €284 (-19.5%), from €1,462 to €1,178
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 | €24,399 | €22,226 | -€2,173 | -8.9% |
| Fixed assets | 21/28 | €2,160 | €1,911 | -€249 | -11.5% |
| Tangible fixed assets | 22/27 | €2,160 | €1,911 | -€249 | -11.5% |
| Furniture and vehicles | 24 | €2,006 | €1,788 | -€218 | -10.9% |
| Other tangible fixed assets | 26 | €153 | €123 | -€31 | -20.0% |
| Current assets | 29/58 | €22,239 | €20,315 | -€1,924 | -8.7% |
| Amounts receivable within one year | 40/41 | €8,355 | €7,904 | -€451 | -5.4% |
| Trade receivables | 40 | €6,022 | €5,908 | -€115 | -1.9% |
| Other amounts receivable | 41 | €2,332 | €1,996 | -€336 | -14.4% |
| Cash at bank and in hand | 54/58 | €5,998 | €6,724 | +€725 | +12.1% |
| Deferred charges and accrued income | 490/1 | €7,886 | €5,687 | -€2,199 | -27.9% |
| Total equity and liabilities | 10/49 | €24,399 | €22,226 | -€2,173 | -8.9% |
| Equity | 10/15 | €10,469 | €14,953 | +€4,484 | +42.8% |
| Reserves | 13 | €5,730 | €5,730 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,730 | €5,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,738 | €9,223 | +€4,484 | +94.6% |
| Amounts payable | 17/49 | €13,930 | €7,273 | -€6,657 | -47.8% |
| Amounts payable within one year | 42/48 | €13,930 | €7,273 | -€6,657 | -47.8% |
| Financial debts | 43 | €1,692 | €506 | -€1,186 | -70.1% |
| Credit institutions | 430/8 | €1,692 | €506 | -€1,186 | -70.1% |
| Trade debts | 44 | €347 | €293 | -€54 | -15.5% |
| Suppliers | 440/4 | €347 | €293 | -€54 | -15.5% |
| Taxes, remuneration and social security | 45 | €3,162 | €4,144 | +€982 | +31.1% |
| Taxes | 450/3 | €3,162 | €4,144 | +€982 | +31.1% |
| Other amounts payable | 47/48 | €8,729 | €2,330 | -€6,399 | -73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,462 | €1,178 | -€284 | -19.5% |
| Other operating charges | 640/8 | €975 | €1,403 | +€428 | +43.9% |
| Gross operating margin | 9900 | €14,835 | €13,533 | -€1,301 | -8.8% |
| Operating profit (loss) | 9901 | €12,397 | €10,953 | -€1,444 | -11.7% |
| Financial income | 75/76B | €35 | €20 | -€15 | -43.6% |
| Recurring financial income | 75 | €35 | €20 | -€15 | -43.6% |
| Financial charges | 65/66B | €4,668 | €3,753 | -€915 | -19.6% |
| Recurring financial charges | 65 | €4,668 | €3,753 | -€915 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €7,764 | €7,219 | -€545 | -7.0% |
| Income taxes | 67/77 | €3,026 | €2,735 | -€291 | -9.6% |
| Profit (loss) for the period | 9904 | €4,738 | €4,484 | -€254 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,738 | €4,484 | -€254 | -5.4% |
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 15 October 2026 via checked.be.