PROGYN: what changed
Two fiscal 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.
PROGYN
Largest movements
- Tangible fixed assets -€6,597
down €6,597 (-56.1%), from €11,768 to €5,171
- Cash +€2,909
up €2,909 (+151.0%), from €1,926 to €4,835
mainly Depreciation (+€6,597) and Net result for the year (+€3,516)
- Receivables within one year -€911
down €911 (-30.6%), from €2,980 to €2,069
of which Trade receivables: -€1,281
- Debts after one year -€4,108
no longer reported in 2025 (was €4,108)
- Profit (loss) carried forward +€3,516
up €3,516, from -€948 to €2,569
- Tax, wage and social debts -€2,620
down €2,620 (-43.9%), from €5,972 to €3,352
of which Taxes: -€2,597
- Trade debts -€1,340
down €1,340 (-71.2%), from €1,883 to €542
- Current portion of long-term debt -€780
down €780 (-16.6%), from €4,703 to €3,923
- Gross operating margin +€11,913
up €11,913, from -€1,464 to €10,449
- Purchases and services -€7,434
down €7,434 (-15.5%), from €47,937 to €40,503
- Turnover +€4,479
up €4,479 (+9.6%), from €46,472 to €50,951
- Taxes -€2,318
new in 2025: -€2,318
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.
Cash bridge derived
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 | €17,066 | €12,488 | -€4,578 | -26.8% |
| Fixed assets | 21/28 | €11,768 | €5,171 | -€6,597 | -56.1% |
| Tangible fixed assets | 22/27 | €11,768 | €5,171 | -€6,597 | -56.1% |
| Furniture and vehicles | 24 | €11,768 | €5,171 | -€6,597 | -56.1% |
| Current assets | 29/58 | €5,297 | €7,317 | +€2,020 | +38.1% |
| Amounts receivable within one year | 40/41 | €2,980 | €2,069 | -€911 | -30.6% |
| Trade receivables | 40 | €1,788 | €508 | -€1,281 | -71.6% |
| Other amounts receivable | 41 | €1,191 | €1,561 | +€370 | +31.1% |
| Cash at bank and in hand | 54/58 | €1,926 | €4,835 | +€2,909 | +151.0% |
| Deferred charges and accrued income | 490/1 | €392 | €413 | +€22 | +5.6% |
| Total equity and liabilities | 10/49 | €17,066 | €12,488 | -€4,578 | -26.8% |
| Equity | 10/15 | €52 | €3,569 | +€3,516 | +6701.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€948 | €2,569 | +€3,516 | |
| Amounts payable | 17/49 | €17,013 | €8,919 | -€8,094 | -47.6% |
| Amounts payable after more than one year | 17 | €4,108 | - | -€4,108 | |
| Financial debts | 170/4 | €4,108 | - | -€4,108 | |
| Amounts payable within one year | 42/48 | €12,905 | €8,919 | -€3,986 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €4,703 | €3,923 | -€780 | -16.6% |
| Trade debts | 44 | €1,883 | €542 | -€1,340 | -71.2% |
| Suppliers | 440/4 | €1,883 | €542 | -€1,340 | -71.2% |
| Taxes, remuneration and social security | 45 | €5,972 | €3,352 | -€2,620 | -43.9% |
| Taxes | 450/3 | €2,772 | €176 | -€2,597 | -93.7% |
| Remuneration and social security | 454/9 | €3,200 | €3,177 | -€23 | -0.7% |
| Other amounts payable | 47/48 | €348 | €1,102 | +€754 | +216.7% |
| Turnover | 70 | €46,472 | €50,951 | +€4,479 | +9.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €47,937 | €40,503 | -€7,434 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,597 | €6,597 | = | 0.0% |
| Other operating charges | 640/8 | €691 | €894 | +€202 | +29.3% |
| Gross operating margin | 9900 | -€1,464 | €10,449 | +€11,913 | |
| Operating profit (loss) | 9901 | -€8,753 | €2,958 | +€11,711 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €2,155 | €1,775 | -€380 | -17.6% |
| Recurring financial charges | 65 | €2,155 | €1,775 | -€380 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,907 | €1,198 | +€12,106 | |
| Income taxes | 67/77 | - | -€2,318 | -€2,318 | |
| Profit (loss) for the period | 9904 | -€10,907 | €3,516 | +€14,424 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,907 | €3,516 | +€14,424 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.