PROGRESSIOLAB: 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.
PROGRESSIOLAB
Largest movements
- Cash -€20,170
down €20,170 (-78.6%), from €25,663 to €5,493
mainly Net result for the year (-€13,814) and Tax, wage and social debts (-€8,449)
- Tangible fixed assets +€1,356
up €1,356 (+250%), from €542 to €1,898
- Receivables within one year +€1,124
up €1,124 (+5.4%), from €20,811 to €21,936
of which Trade receivables: +€9,396
- Profit (loss) carried forward -€13,814
down €13,814, from €4,987 to -€8,827
- Tax, wage and social debts -€8,449
down €8,449 (-67.8%), from €12,457 to €4,008
- Trade debts +€2,341
up €2,341 (+48.7%), from €4,808 to €7,150
- Current portion of long-term debt +€1,707
new in 2025: €1,707
- Other debts +€822
up €822 (+12.6%), from €6,500 to €7,322
- Gross operating margin -€30,769
down €30,769, from €25,387 to -€5,382
- Taxes +€4,657
up €4,657 (+251%), from €1,856 to €6,513
- Depreciation +€527
up €527 (+93.7%), from €562 to €1,089
- Financial charges +€364
up €364 (+763%), from €48 to €412
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 | €47,016 | €29,624 | -€17,392 | -37.0% |
| Fixed assets | 21/28 | €542 | €1,898 | +€1,356 | +250% |
| Tangible fixed assets | 22/27 | €542 | €1,898 | +€1,356 | +250% |
| Furniture and vehicles | 24 | €542 | €1,898 | +€1,356 | +250% |
| Current assets | 29/58 | €46,474 | €27,726 | -€18,748 | -40.3% |
| Amounts receivable within one year | 40/41 | €20,811 | €21,936 | +€1,124 | +5.4% |
| Trade receivables | 40 | €7,540 | €16,936 | +€9,396 | +125% |
| Other amounts receivable | 41 | €13,272 | €5,000 | -€8,272 | -62.3% |
| Cash at bank and in hand | 54/58 | €25,663 | €5,493 | -€20,170 | -78.6% |
| Deferred charges and accrued income | 490/1 | - | €297 | +€297 | |
| Total equity and liabilities | 10/49 | €47,016 | €29,624 | -€17,392 | -37.0% |
| Equity | 10/15 | €23,251 | €9,437 | -€13,814 | -59.4% |
| Contributions | 10/11 | €6,264 | €6,264 | = | 0.0% |
| Reserves | 13 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,987 | -€8,827 | -€13,814 | |
| Amounts payable | 17/49 | €23,765 | €20,187 | -€3,579 | -15.1% |
| Amounts payable within one year | 42/48 | €23,765 | €20,187 | -€3,579 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | - | €1,707 | +€1,707 | |
| Trade debts | 44 | €4,808 | €7,150 | +€2,341 | +48.7% |
| Suppliers | 440/4 | €4,808 | €7,150 | +€2,341 | +48.7% |
| Taxes, remuneration and social security | 45 | €12,457 | €4,008 | -€8,449 | -67.8% |
| Taxes | 450/3 | €12,457 | €4,008 | -€8,449 | -67.8% |
| Other amounts payable | 47/48 | €6,500 | €7,322 | +€822 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €562 | €1,089 | +€527 | +93.7% |
| Other operating charges | 640/8 | €475 | €429 | -€46 | -9.6% |
| Gross operating margin | 9900 | €25,387 | -€5,382 | -€30,769 | |
| Operating profit (loss) | 9901 | €24,350 | -€6,900 | -€31,250 | |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €48 | €412 | +€364 | +763% |
| Recurring financial charges | 65 | €48 | €412 | +€364 | +763% |
| Profit (loss) for the period before taxes | 9903 | €24,302 | -€7,301 | -€31,603 | |
| Income taxes | 67/77 | €1,856 | €6,513 | +€4,657 | +251% |
| Profit (loss) for the period | 9904 | €22,446 | -€13,814 | -€36,260 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,446 | -€13,814 | -€36,260 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.