PROGRESSIVE MECHANICAL ASSISTANCE: 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 MECHANICAL ASSISTANCE
Largest movements
- Receivables within one year +€34,104
up €34,104 (+131%), from €26,087 to €60,190
of which Other amounts receivable: +€29,341
- Tangible fixed assets +€20,327
up €20,327 (+1,256%), from €1,618 to €21,946
- Deferred charges and accrued income +€1,564
new in 2025: €1,564
- Reserves +€21,707
up €21,707 (+97.8%), from €22,193 to €43,900
- Debts after one year +€20,265
new in 2025: €20,265
- Current portion of long-term debt +€13,473
new in 2025: €13,473
- Tax, wage and social debts +€1,459
up €1,459 (+18.3%), from €7,955 to €9,414
of which Remuneration and social security: +€4,037
- Depreciation +€2,006
up €2,006 (+131%), from €1,532 to €3,538
- Gross operating margin +€1,472
up €1,472 (+4.5%), from €32,536 to €34,008
- Financial charges +€971
up €971 (+89.0%), from €1,091 to €2,062
- Taxes -€784
down €784 (-11.6%), from €6,779 to €5,996
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 | €34,272 | €91,052 | +€56,780 | +166% |
| Fixed assets | 21/28 | €1,618 | €21,946 | +€20,327 | +1,256% |
| Tangible fixed assets | 22/27 | €1,618 | €21,946 | +€20,327 | +1,256% |
| Furniture and vehicles | 24 | €1,618 | €21,946 | +€20,327 | +1,256% |
| Current assets | 29/58 | €32,654 | €69,106 | +€36,452 | +112% |
| Amounts receivable within one year | 40/41 | €26,087 | €60,190 | +€34,104 | +131% |
| Trade receivables | 40 | €31 | €4,794 | +€4,763 | +15,140% |
| Other amounts receivable | 41 | €26,055 | €55,396 | +€29,341 | +113% |
| Cash at bank and in hand | 54/58 | €6,567 | €7,352 | +€785 | +12.0% |
| Deferred charges and accrued income | 490/1 | - | €1,564 | +€1,564 | |
| Total equity and liabilities | 10/49 | €34,272 | €91,052 | +€56,780 | +166% |
| Equity | 10/15 | €26,193 | €47,900 | +€21,707 | +82.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €22,193 | €43,900 | +€21,707 | +97.8% |
| Distributable reserves | 133 | €22,193 | €43,900 | +€21,707 | +97.8% |
| Amounts payable | 17/49 | €8,080 | €43,152 | +€35,072 | +434% |
| Amounts payable after more than one year | 17 | - | €20,265 | +€20,265 | |
| Financial debts | 170/4 | - | €20,265 | +€20,265 | |
| Amounts payable within one year | 42/48 | €8,080 | €22,887 | +€14,807 | +183% |
| Current portion of amounts payable after more than one year | 42 | - | €13,473 | +€13,473 | |
| Trade debts | 44 | €125 | - | -€125 | |
| Suppliers | 440/4 | €125 | - | -€125 | |
| Taxes, remuneration and social security | 45 | €7,955 | €9,414 | +€1,459 | +18.3% |
| Taxes | 450/3 | €7,955 | €5,377 | -€2,578 | -32.4% |
| Remuneration and social security | 454/9 | - | €4,037 | +€4,037 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,532 | €3,538 | +€2,006 | +131% |
| Other operating charges | 640/8 | €941 | €705 | -€235 | -25.0% |
| Gross operating margin | 9900 | €32,536 | €34,008 | +€1,472 | +4.5% |
| Operating profit (loss) | 9901 | €30,063 | €29,765 | -€298 | -1.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,091 | €2,062 | +€971 | +89.0% |
| Recurring financial charges | 65 | €1,091 | €2,062 | +€971 | +89.0% |
| Profit (loss) for the period before taxes | 9903 | €28,972 | €27,703 | -€1,269 | -4.4% |
| Income taxes | 67/77 | €6,779 | €5,996 | -€784 | -11.6% |
| Profit (loss) for the period | 9904 | €22,193 | €21,707 | -€485 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,193 | €21,707 | -€485 | -2.2% |
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 23 October 2026 via checked.be.