Progressive Consultancy for IT: 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.
Progressive Consultancy for IT
Largest movements
- Cash +€27,124
up €27,124 (+113%), from €24,048 to €51,171
mainly Net result for the year (+€34,264) and Receivables within one year (+€22,409)
- Receivables within one year -€22,409
down €22,409 (-19.2%), from €117,000 to €94,591
of which Trade receivables: -€26,197
- Tangible fixed assets -€4,869
down €4,869 (-34.2%), from €14,220 to €9,351
of which Furniture and vehicles: -€3,347
- Reserves +€34,264
up €34,264 (+32.8%), from €104,466 to €138,730
- Other debts -€25,500
no longer reported in 2025 (was €25,500)
- Tax, wage and social debts -€7,440
down €7,440 (-66.7%), from €11,151 to €3,712
- Gross operating margin -€20,100
down €20,100 (-29.8%), from €67,437 to €47,336
- Taxes -€4,300
down €4,300 (-31.7%), from €13,576 to €9,276
- Financial charges +€1,103
up €1,103 (+47.1%), from €2,341 to €3,444
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 | €162,003 | €162,278 | +€275 | +0.2% |
| Fixed assets | 21/28 | €14,220 | €9,351 | -€4,869 | -34.2% |
| Tangible fixed assets | 22/27 | €14,220 | €9,351 | -€4,869 | -34.2% |
| Land and buildings | 22 | €4,569 | €3,046 | -€1,523 | -33.3% |
| Furniture and vehicles | 24 | €9,651 | €6,305 | -€3,347 | -34.7% |
| Current assets | 29/58 | €147,783 | €152,928 | +€5,144 | +3.5% |
| Amounts receivable within one year | 40/41 | €117,000 | €94,591 | -€22,409 | -19.2% |
| Trade receivables | 40 | €26,197 | - | -€26,197 | |
| Other amounts receivable | 41 | €90,803 | €94,591 | +€3,788 | +4.2% |
| Cash at bank and in hand | 54/58 | €24,048 | €51,171 | +€27,124 | +113% |
| Deferred charges and accrued income | 490/1 | €6,736 | €7,165 | +€429 | +6.4% |
| Total equity and liabilities | 10/49 | €162,003 | €162,278 | +€275 | +0.2% |
| Equity | 10/15 | €123,066 | €157,330 | +€34,264 | +27.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €104,466 | €138,730 | +€34,264 | +32.8% |
| Distributable reserves | 133 | €104,466 | €138,730 | +€34,264 | +32.8% |
| Amounts payable | 17/49 | €38,937 | €4,948 | -€33,990 | -87.3% |
| Amounts payable within one year | 42/48 | €38,229 | €4,948 | -€33,281 | -87.1% |
| Trade debts | 44 | €1,578 | €1,236 | -€342 | -21.7% |
| Suppliers | 440/4 | €1,578 | €1,236 | -€342 | -21.7% |
| Taxes, remuneration and social security | 45 | €11,151 | €3,712 | -€7,440 | -66.7% |
| Taxes | 450/3 | €11,151 | €3,712 | -€7,440 | -66.7% |
| Other amounts payable | 47/48 | €25,500 | - | -€25,500 | |
| Accrued charges and deferred income | 492/3 | €708 | - | -€708 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,857 | €4,869 | +€13 | +0.3% |
| Other operating charges | 640/8 | €772 | €647 | -€125 | -16.2% |
| Gross operating margin | 9900 | €67,437 | €47,336 | -€20,100 | -29.8% |
| Operating profit (loss) | 9901 | €61,808 | €41,820 | -€19,988 | -32.3% |
| Financial income | 75/76B | €5,341 | €5,163 | -€178 | -3.3% |
| Recurring financial income | 75 | €5,341 | €5,163 | -€178 | -3.3% |
| Financial charges | 65/66B | €2,341 | €3,444 | +€1,103 | +47.1% |
| Recurring financial charges | 65 | €2,341 | €3,444 | +€1,103 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €64,809 | €43,540 | -€21,269 | -32.8% |
| Income taxes | 67/77 | €13,576 | €9,276 | -€4,300 | -31.7% |
| Profit (loss) for the period | 9904 | €51,233 | €34,264 | -€16,969 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,233 | €34,264 | -€16,969 | -33.1% |
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 20 October 2026 via checked.be.