PROGRESSIO INVEST: 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.
PROGRESSIO INVEST
Largest movements
- Cash -€2,403
down €2,403 (-66.8%), from €3,597 to €1,194
mainly Trade debts (-€1,879) and Other debts (-€1,500)
- Tangible fixed assets -€1,178
down €1,178 (-34.4%), from €3,423 to €2,244
- Receivables within one year -€1,011
down €1,011 (-2.3%), from €43,208 to €42,197
of which Trade receivables: -€1,883
- Trade debts -€1,879
down €1,879 (-32.0%), from €5,873 to €3,994
- Other debts -€1,500
down €1,500 (-23.1%), from €6,500 to €5,000
- Profit (loss) carried forward -€1,403
down €1,403 (-5.4%), from €25,866 to €24,462
- Gross operating margin -€37,399
down €37,399 (-97.8%), from €38,250 to €851
- Taxes -€9,798
down €9,798 (-98.1%), from €9,988 to €190
- Financial income +€1,067
new in 2024: €1,067
- Depreciation +€1,065
up €1,065 (+943%), from €113 to €1,178
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,227 | €45,635 | -€4,592 | -9.1% |
| Fixed assets | 21/28 | €3,423 | €2,244 | -€1,178 | -34.4% |
| Tangible fixed assets | 22/27 | €3,423 | €2,244 | -€1,178 | -34.4% |
| Furniture and vehicles | 24 | €3,423 | €2,244 | -€1,178 | -34.4% |
| Current assets | 29/58 | €46,805 | €43,391 | -€3,414 | -7.3% |
| Amounts receivable within one year | 40/41 | €43,208 | €42,197 | -€1,011 | -2.3% |
| Trade receivables | 40 | €16,883 | €15,000 | -€1,883 | -11.2% |
| Other amounts receivable | 41 | €26,324 | €27,197 | +€872 | +3.3% |
| Cash at bank and in hand | 54/58 | €3,597 | €1,194 | -€2,403 | -66.8% |
| Total equity and liabilities | 10/49 | €50,227 | €45,635 | -€4,592 | -9.1% |
| Equity | 10/15 | €27,866 | €26,462 | -€1,403 | -5.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,866 | €24,462 | -€1,403 | -5.4% |
| Amounts payable | 17/49 | €22,362 | €19,173 | -€3,189 | -14.3% |
| Amounts payable within one year | 42/48 | €22,362 | €19,173 | -€3,189 | -14.3% |
| Trade debts | 44 | €5,873 | €3,994 | -€1,879 | -32.0% |
| Suppliers | 440/4 | €5,873 | €3,994 | -€1,879 | -32.0% |
| Taxes, remuneration and social security | 45 | €9,988 | €10,178 | +€190 | +1.9% |
| Taxes | 450/3 | €9,988 | €10,178 | +€190 | +1.9% |
| Other amounts payable | 47/48 | €6,500 | €5,000 | -€1,500 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113 | €1,178 | +€1,065 | +943% |
| Other operating charges | 640/8 | €919 | €954 | +€35 | +3.8% |
| Gross operating margin | 9900 | €38,250 | €851 | -€37,399 | -97.8% |
| Operating profit (loss) | 9901 | €37,219 | -€1,281 | -€38,500 | |
| Financial income | 75/76B | - | €1,067 | +€1,067 | |
| Recurring financial income | 75 | - | €1,067 | +€1,067 | |
| Financial charges | 65/66B | €1,365 | €1,000 | -€365 | -26.7% |
| Recurring financial charges | 65 | €1,365 | €1,000 | -€365 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €35,854 | -€1,213 | -€37,067 | |
| Income taxes | 67/77 | €9,988 | €190 | -€9,798 | -98.1% |
| Profit (loss) for the period | 9904 | €25,866 | -€1,403 | -€27,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,866 | -€1,403 | -€27,269 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.