Progress Software: 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 Software
Largest movements
- Cash -€1.9m
down €1.9m (-69.4%), from €2.7m to €821,615
mainly Other debts (-€3.1m) and Receivables within one year (-€1.8m)
- Receivables within one year +€1.8m
up €1.8m (+63.3%), from €2.9m to €4.7m
of which Other amounts receivable: +€2.0m
- Receivables after one year -€1.8m
no longer reported in 2025 (was €1.8m)
- Other debts -€3.1m
down €3.1m (-92.2%), from €3.3m to €260,179
- Trade debts +€1.2m
up €1.2m (+32,522%), from €3,647 to €1.2m
- Reserves +€337,989
up €337,989 (+68.9%), from €490,520 to €828,509
of which Distributable reserves: +€337,989
- Profit (loss) carried forward -€168,065
down €168,065 (-49.7%), from €337,989 to €169,924
- Turnover -€183,738
down €183,738 (-2.3%), from €7.9m to €7.7m
- Gross operating margin -€148,548
down €148,548 (-15.7%), from €944,457 to €795,909
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.
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 | €7,360,582 | €5,527,017 | -€1.8m | -24.9% |
| Current assets | 29/58 | €7,360,582 | €5,527,017 | -€1.8m | -24.9% |
| Amounts receivable after more than one year | 29 | €1,756,697 | - | -€1.8m | |
| Other amounts receivable | 291 | €1,756,697 | - | -€1.8m | |
| Amounts receivable within one year | 40/41 | €2,852,145 | €4,657,079 | +€1.8m | +63.3% |
| Trade receivables | 40 | €1,512,754 | €1,284,320 | -€228,434 | -15.1% |
| Other amounts receivable | 41 | €1,339,391 | €3,372,759 | +€2.0m | +152% |
| Cash at bank and in hand | 54/58 | €2,681,444 | €821,615 | -€1.9m | -69.4% |
| Deferred charges and accrued income | 490/1 | €70,296 | €48,323 | -€21,973 | -31.3% |
| Total equity and liabilities | 10/49 | €7,360,582 | €5,527,017 | -€1.8m | -24.9% |
| Equity | 10/15 | €890,482 | €1,060,406 | +€169,924 | +19.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €490,520 | €828,509 | +€337,989 | +68.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €197,547 | €197,547 | = | 0.0% |
| Distributable reserves | 133 | €286,776 | €624,765 | +€337,989 | +118% |
| Profit (loss) carried forward | 14 | €337,989 | €169,924 | -€168,065 | -49.7% |
| Amounts payable | 17/49 | €6,470,100 | €4,466,611 | -€2.0m | -31.0% |
| Amounts payable within one year | 42/48 | €3,685,917 | €1,737,381 | -€1.9m | -52.9% |
| Trade debts | 44 | €3,647 | €1,189,713 | +€1.2m | +32,522% |
| Suppliers | 440/4 | €3,647 | €1,189,713 | +€1.2m | +32,522% |
| Taxes, remuneration and social security | 45 | €333,455 | €287,489 | -€45,966 | -13.8% |
| Taxes | 450/3 | €176,979 | €164,722 | -€12,257 | -6.9% |
| Remuneration and social security | 454/9 | €156,476 | €122,767 | -€33,709 | -21.5% |
| Other amounts payable | 47/48 | €3,348,815 | €260,179 | -€3.1m | -92.2% |
| Accrued charges and deferred income | 492/3 | €2,784,183 | €2,729,230 | -€54,953 | -2.0% |
| Turnover | 70 | €7,890,342 | €7,706,604 | -€183,738 | -2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,945,885 | €6,910,695 | -€35,190 | -0.5% |
| Remuneration, social security and pensions | 62 | €610,534 | €630,605 | +€20,071 | +3.3% |
| Gross operating margin | 9900 | €944,457 | €795,909 | -€148,548 | -15.7% |
| Operating profit (loss) | 9901 | €333,923 | €165,304 | -€168,619 | -50.5% |
| Financial income | 75/76B | €128,144 | €58,010 | -€70,134 | -54.7% |
| Recurring financial income | 75 | €128,144 | €58,010 | -€70,134 | -54.7% |
| Financial charges | 65/66B | €1,001 | €1,641 | +€640 | +63.9% |
| Recurring financial charges | 65 | €1,001 | €1,641 | +€640 | +63.9% |
| Profit (loss) for the period before taxes | 9903 | €461,066 | €221,673 | -€239,393 | -51.9% |
| Income taxes | 67/77 | €123,077 | €51,749 | -€71,328 | -58.0% |
| Profit (loss) for the period | 9904 | €337,989 | €169,924 | -€168,065 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €337,989 | €169,924 | -€168,065 | -49.7% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.