UNION-PROGRES-ECONOMIE: 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.
UNION-PROGRES-ECONOMIE
Largest movements
- Tangible fixed assets -€9,887
down €9,887 (-17.9%), from €55,085 to €45,198
of which Land and buildings: -€6,868
- Cash -€3,741
down €3,741 (-17.4%), from €21,505 to €17,764
mainly Debts after one year (-€72,800) and Net result for the year (-€9,426)
- Deferred charges and accrued income -€1,110
no longer reported in 2025 (was €1,110)
- Debts after one year -€72,800
no longer reported in 2025 (was €72,800)
- Other debts +€68,908
new in 2025: €68,908
- Profit (loss) carried forward -€9,426
down €9,426 (-4.2%), from -€222,838 to -€232,264
- Accrued charges and deferred income -€1,421
no longer reported in 2025 (was €1,421)
- Depreciation +€5,422
up €5,422 (+121%), from €4,465 to €9,887
- Gross operating margin -€1,909
down €1,909 (-29.1%), from €6,549 to €4,640
- Other operating charges -€313
down €313 (-6.9%), from €4,552 to €4,239
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 | €78,898 | €64,160 | -€14,738 | -18.7% |
| Fixed assets | 21/28 | €55,085 | €45,198 | -€9,887 | -17.9% |
| Tangible fixed assets | 22/27 | €55,085 | €45,198 | -€9,887 | -17.9% |
| Land and buildings | 22 | €52,066 | €45,198 | -€6,868 | -13.2% |
| Plant, machinery and equipment | 23 | €3,019 | - | -€3,019 | |
| Current assets | 29/58 | €23,813 | €18,962 | -€4,851 | -20.4% |
| Amounts receivable within one year | 40/41 | €1,198 | €1,198 | -€0 | 0.0% |
| Other amounts receivable | 41 | €1,198 | €1,198 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €21,505 | €17,764 | -€3,741 | -17.4% |
| Deferred charges and accrued income | 490/1 | €1,110 | - | -€1,110 | |
| Total equity and liabilities | 10/49 | €78,898 | €64,160 | -€14,738 | -18.7% |
| Equity | 10/15 | €4,677 | -€4,748 | -€9,425 | |
| Contributions | 10/11 | €124,064 | €124,064 | +€0 | 0.0% |
| Capital | 10 | €124,064 | €124,064 | +€0 | 0.0% |
| Issued capital | 100 | €124,064 | €124,064 | +€0 | 0.0% |
| Reserves | 13 | €103,451 | €103,451 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €10,648 | - | -€10,648 | |
| Legal reserve | 130 | €2,668 | - | -€2,668 | |
| Reserves not available under the articles | 1311 | €7,980 | - | -€7,980 | |
| Tax-exempt reserves | 132 | - | €10,648 | +€10,648 | |
| Distributable reserves | 133 | €92,803 | €92,803 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€222,838 | -€232,264 | -€9,426 | -4.2% |
| Amounts payable | 17/49 | €74,221 | €68,908 | -€5,313 | -7.2% |
| Amounts payable after more than one year | 17 | €72,800 | - | -€72,800 | |
| Other amounts payable | 178/9 | €72,800 | - | -€72,800 | |
| Amounts payable within one year | 42/48 | - | €68,908 | +€68,908 | |
| Other amounts payable | 47/48 | - | €68,908 | +€68,908 | |
| Accrued charges and deferred income | 492/3 | €1,421 | - | -€1,421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,465 | €9,887 | +€5,422 | +121% |
| Other operating charges | 640/8 | €4,552 | €4,239 | -€313 | -6.9% |
| Gross operating margin | 9900 | €6,549 | €4,640 | -€1,909 | -29.1% |
| Operating profit (loss) | 9901 | -€2,468 | -€9,486 | -€7,018 | -284% |
| Financial income | 75/76B | €182 | €152 | -€30 | -16.5% |
| Recurring financial income | 75 | €182 | €152 | -€30 | -16.5% |
| Financial charges | 65/66B | €46 | €46 | +€0 | +0.7% |
| Recurring financial charges | 65 | €46 | €46 | +€0 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,332 | -€9,380 | -€7,048 | -302% |
| Income taxes | 67/77 | - | €46 | +€46 | |
| Profit (loss) for the period | 9904 | -€2,332 | -€9,426 | -€7,094 | -304% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,332 | -€9,426 | -€7,094 | -304% |
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 28 October 2026 via checked.be.