PROGRESSUS-CORPORATION: 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.
PROGRESSUS-CORPORATION
Largest movements
- Receivables within one year -€302,125
down €302,125 (-40.8%), from €741,261 to €439,137
of which Other amounts receivable: -€254,781
- Cash +€56,100
up €56,100 (+36.4%), from €154,235 to €210,335
mainly Receivables within one year (+€302,125) and Investment in fixed assets (net) (+€29,283)
- Tangible fixed assets -€42,548
down €42,548 (-11.6%), from €366,855 to €324,307
of which Plant, machinery and equipment: -€27,248
- Trade debts -€213,510
down €213,510 (-42.9%), from €497,510 to €284,000
- Profit (loss) carried forward -€45,590
down €45,590 (-8.7%), from €524,566 to €478,976
- Debts after one year -€36,607
down €36,607 (-23.0%), from €159,183 to €122,577
- Financial income +€14,353
new in 2025: €14,353
- Taxes +€13,615
new in 2025: €13,615
- Depreciation -€9,929
down €9,929 (-42.8%), from €23,194 to €13,265
- Gross operating margin -€892
down €892 (-23.9%), from €3,736 to €2,844
- Financial charges -€72
down €72 (-1.8%), from €4,037 to €3,965
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 | €1,262,456 | €973,870 | -€288,586 | -22.9% |
| Fixed assets | 21/28 | €366,855 | €324,307 | -€42,548 | -11.6% |
| Tangible fixed assets | 22/27 | €366,855 | €324,307 | -€42,548 | -11.6% |
| Land and buildings | 22 | €321,860 | €312,170 | -€9,690 | -3.0% |
| Plant, machinery and equipment | 23 | €37,958 | €10,710 | -€27,248 | -71.8% |
| Furniture and vehicles | 24 | €7,036 | €1,427 | -€5,610 | -79.7% |
| Current assets | 29/58 | €895,601 | €649,563 | -€246,039 | -27.5% |
| Amounts receivable within one year | 40/41 | €741,261 | €439,137 | -€302,125 | -40.8% |
| Trade receivables | 40 | €486,480 | €439,137 | -€47,343 | -9.7% |
| Other amounts receivable | 41 | €254,781 | - | -€254,781 | |
| Cash at bank and in hand | 54/58 | €154,235 | €210,335 | +€56,100 | +36.4% |
| Deferred charges and accrued income | 490/1 | €105 | €91 | -€14 | -13.4% |
| Total equity and liabilities | 10/49 | €1,262,456 | €973,870 | -€288,586 | -22.9% |
| Equity | 10/15 | €565,266 | €519,676 | -€45,590 | -8.1% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Reserves | 13 | €3,700 | €3,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,700 | €3,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,700 | €3,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €524,566 | €478,976 | -€45,590 | -8.7% |
| Amounts payable | 17/49 | €697,191 | €454,194 | -€242,997 | -34.9% |
| Amounts payable after more than one year | 17 | €159,183 | €122,577 | -€36,607 | -23.0% |
| Financial debts | 170/4 | €159,183 | €122,577 | -€36,607 | -23.0% |
| Amounts payable within one year | 42/48 | €538,007 | €331,617 | -€206,390 | -38.4% |
| Current portion of amounts payable after more than one year | 42 | €36,097 | €36,607 | +€509 | +1.4% |
| Trade debts | 44 | €497,510 | €284,000 | -€213,510 | -42.9% |
| Suppliers | 440/4 | €497,510 | €284,000 | -€213,510 | -42.9% |
| Taxes, remuneration and social security | 45 | - | €3,358 | +€3,358 | |
| Taxes | 450/3 | - | €3,358 | +€3,358 | |
| Other amounts payable | 47/48 | €4,400 | €7,653 | +€3,253 | +73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,194 | €13,265 | -€9,929 | -42.8% |
| Other operating charges | 640/8 | €968 | €999 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €30,942 | +€30,942 | |
| Gross operating margin | 9900 | €3,736 | €2,844 | -€892 | -23.9% |
| Operating profit (loss) | 9901 | -€20,426 | -€42,362 | -€21,936 | -107% |
| Financial income | 75/76B | - | €14,353 | +€14,353 | |
| Recurring financial income | 75 | - | €14,353 | +€14,353 | |
| Financial charges | 65/66B | €4,037 | €3,965 | -€72 | -1.8% |
| Recurring financial charges | 65 | €4,037 | €3,965 | -€72 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,463 | -€31,975 | -€7,511 | -30.7% |
| Income taxes | 67/77 | - | €13,615 | +€13,615 | |
| Profit (loss) for the period | 9904 | -€24,463 | -€45,590 | -€21,127 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,463 | -€45,590 | -€21,127 | -86.4% |
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 22 October 2026 via checked.be.