UProgress: 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.
UProgress
Largest movements
- Cash -€10,301
down €10,301 (-16.2%), from €63,687 to €53,386
mainly Advances received (-€30,401) and Debts after one year (-€18,880)
- Tangible fixed assets -€8,780
down €8,780 (-2.9%), from €299,892 to €291,112
of which Land and buildings: -€8,093
- Receivables after one year -€8,250
down €8,250 (-80.9%), from €10,200 to €1,950
- Provisions +€39,800
new in 2025: €39,800
- Advances received -€30,401
down €30,401 (-100.0%), from €30,401 to €0
- Debts after one year -€18,880
down €18,880 (-10.3%), from €182,570 to €163,689
- Other debts -€14,832
down €14,832 (-22.7%), from €65,468 to €50,636
- Tax, wage and social debts -€4,905
down €4,905 (-45.9%), from €10,687 to €5,782
of which Taxes: -€2,714
- Provisions +€39,800
new in 2025: €39,800
- Gross operating margin -€7,384
down €7,384 (-8.8%), from €84,351 to €76,966
- Financial charges -€2,216
down €2,216 (-56.6%), from €3,917 to €1,701
- Taxes -€1,371
down €1,371 (-10.1%), from €13,593 to €12,222
- Depreciation +€1,256
up €1,256 (+10.1%), from €12,416 to €13,672
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 | €404,537 | €375,798 | -€28,739 | -7.1% |
| Fixed assets | 21/28 | €299,892 | €291,112 | -€8,780 | -2.9% |
| Tangible fixed assets | 22/27 | €299,892 | €291,112 | -€8,780 | -2.9% |
| Land and buildings | 22 | €298,190 | €290,097 | -€8,093 | -2.7% |
| Furniture and vehicles | 24 | €1,703 | €1,015 | -€687 | -40.4% |
| Current assets | 29/58 | €104,644 | €84,685 | -€19,959 | -19.1% |
| Amounts receivable after more than one year | 29 | €10,200 | €1,950 | -€8,250 | -80.9% |
| Other amounts receivable | 291 | €10,200 | €1,950 | -€8,250 | -80.9% |
| Amounts receivable within one year | 40/41 | €28,970 | €27,439 | -€1,531 | -5.3% |
| Trade receivables | 40 | €27,563 | €18,661 | -€8,902 | -32.3% |
| Other amounts receivable | 41 | €1,407 | €8,778 | +€7,371 | +523.8% |
| Cash at bank and in hand | 54/58 | €63,687 | €53,386 | -€10,301 | -16.2% |
| Deferred charges and accrued income | 490/1 | €1,787 | €1,910 | +€123 | +6.9% |
| Total equity and liabilities | 10/49 | €404,537 | €375,798 | -€28,739 | -7.1% |
| Equity | 10/15 | €78,400 | €78,400 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €66,000 | €66,000 | = | 0.0% |
| Distributable reserves | 133 | €66,000 | €66,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | - | €39,800 | +€39,800 | |
| Provisions for liabilities and charges | 160/5 | - | €39,800 | +€39,800 | |
| Other liabilities and charges | 164/5 | - | €39,800 | +€39,800 | |
| Amounts payable | 17/49 | €326,137 | €257,598 | -€68,539 | -21.0% |
| Amounts payable after more than one year | 17 | €182,570 | €163,689 | -€18,880 | -10.3% |
| Financial debts | 170/4 | €182,570 | €163,689 | -€18,880 | -10.3% |
| Amounts payable within one year | 42/48 | €140,087 | €88,132 | -€51,955 | -37.1% |
| Current portion of amounts payable after more than one year | 42 | €18,549 | €16,987 | -€1,562 | -8.4% |
| Trade debts | 44 | €14,981 | €14,726 | -€255 | -1.7% |
| Suppliers | 440/4 | €14,981 | €14,726 | -€255 | -1.7% |
| Advances received on contracts in progress | 46 | €30,401 | €0 | -€30,401 | -100.0% |
| Taxes, remuneration and social security | 45 | €10,687 | €5,782 | -€4,905 | -45.9% |
| Taxes | 450/3 | €8,496 | €5,782 | -€2,714 | -31.9% |
| Remuneration and social security | 454/9 | €2,191 | €0 | -€2,191 | -100.0% |
| Other amounts payable | 47/48 | €65,468 | €50,636 | -€14,832 | -22.7% |
| Accrued charges and deferred income | 492/3 | €3,480 | €5,776 | +€2,296 | +66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,416 | €13,672 | +€1,256 | +10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €39,800 | +€39,800 | |
| Other operating charges | 640/8 | €3,098 | €2,516 | -€582 | -18.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €84,351 | €76,966 | -€7,384 | -8.8% |
| Operating profit (loss) | 9901 | €68,837 | €20,978 | -€47,858 | -69.5% |
| Financial income | 75/76B | €699 | €1 | -€698 | -99.9% |
| Recurring financial income | 75 | €699 | €1 | -€698 | -99.9% |
| Financial charges | 65/66B | €3,917 | €1,701 | -€2,216 | -56.6% |
| Recurring financial charges | 65 | €3,917 | €1,701 | -€2,216 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €65,618 | €19,278 | -€46,340 | -70.6% |
| Income taxes | 67/77 | €13,593 | €12,222 | -€1,371 | -10.1% |
| Profit (loss) for the period | 9904 | €52,025 | €7,056 | -€44,969 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,025 | €7,056 | -€44,969 | -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 9 October 2026 via checked.be.