Union et Progrès: 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.
Union et Progrès
Largest movements
- Tangible fixed assets -€7,848
down €7,848 (-18.2%), from €43,071 to €35,223
- Current investments -€5,013
down €5,013 (-94.5%), from €5,307 to €294
- Stocks and contracts -€1,101
no longer reported in 2022 (was €1,101)
- Receivables within one year +€1,048
up €1,048 (+90.6%), from €1,156 to €2,204
- Profit (loss) carried forward -€14,911
down €14,911 (-20.8%), from -€71,574 to -€86,485
- Other debts +€2,000
new in 2022: €2,000
- Write-downs -€18,647
no longer reported in 2022 (was €18,647)
- Gross operating margin -€7,572
down €7,572, from €509 to -€7,063
- Financial charges -€925
no longer reported in 2022 (was €925)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,813 | €37,901 | -€12,911 | -25.4% |
| Fixed assets | 21/28 | €43,188 | €35,340 | -€7,848 | -18.2% |
| Tangible fixed assets | 22/27 | €43,071 | €35,223 | -€7,848 | -18.2% |
| Land and buildings | 22 | €43,071 | €35,223 | -€7,848 | -18.2% |
| Financial fixed assets | 28 | €117 | €117 | = | 0.0% |
| Current assets | 29/58 | €7,625 | €2,562 | -€5,063 | -66.4% |
| Stocks and contracts in progress | 3 | €1,101 | - | -€1,101 | |
| Stocks | 30/36 | €1,101 | - | -€1,101 | |
| Amounts receivable within one year | 40/41 | €1,156 | €2,204 | +€1,048 | +90.6% |
| Other amounts receivable | 41 | €1,156 | €2,204 | +€1,048 | +90.6% |
| Current investments | 50/53 | €5,307 | €294 | -€5,013 | -94.5% |
| Cash at bank and in hand | 54/58 | €61 | €64 | +€3 | +4.6% |
| Total equity and liabilities | 10/49 | €50,813 | €37,901 | -€12,911 | -25.4% |
| Equity | 10/15 | €50,813 | €35,901 | -€14,911 | -29.3% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €10,387 | €10,387 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,387 | €10,387 | = | 0.0% |
| Legal reserve | 130 | €793 | €793 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,593 | €9,593 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,574 | -€86,485 | -€14,911 | -20.8% |
| Amounts payable | 17/49 | - | €2,000 | +€2,000 | |
| Amounts payable within one year | 42/48 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,848 | €7,848 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,647 | - | -€18,647 | |
| Gross operating margin | 9900 | €509 | -€7,063 | -€7,572 | |
| Operating profit (loss) | 9901 | -€25,986 | -€14,911 | +€11,075 | +42.6% |
| Financial charges | 65/66B | €925 | - | -€925 | |
| Recurring financial charges | 65 | €925 | - | -€925 | |
| Profit (loss) for the period before taxes | 9903 | -€26,911 | -€14,911 | +€12,000 | +44.6% |
| Profit (loss) for the period | 9904 | -€26,911 | -€14,911 | +€12,000 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,911 | -€14,911 | +€12,000 | +44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.