PROGIAN: what changed
PROGIAN
Largest movements
- Receivables within one year +€4,349
up €4,349 (+13.1%), from €33,181 to €37,530
- Cash +€3,144
up €3,144 (+89.5%), from €3,512 to €6,656
mainly Other debts (+€35,712)
- Other debts +€35,712
up €35,712 (+34.4%), from €103,962 to €139,674
- Tax, wage and social debts -€21,899
down €21,899 (-98.3%), from €22,284 to €385
- Profit (loss) carried forward -€5,336
down €5,336 (-79.6%), from -€6,707 to -€12,043
- Purchases and services -€6,832
down €6,832 (-13.5%), from €50,629 to €43,797
- Gross operating margin -€3,366
down €3,366, from €601 to -€2,765
- Turnover -€2,858
down €2,858 (-5.6%), from €51,230 to €48,372
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,489 | €146,966 | +€8,477 | +6.1% |
| Current assets | 29/58 | €138,489 | €146,966 | +€8,477 | +6.1% |
| Stocks and contracts in progress | 3 | €101,796 | €102,780 | +€984 | +1.0% |
| Stocks | 30/36 | €101,796 | €102,780 | +€984 | +1.0% |
| Amounts receivable within one year | 40/41 | €33,181 | €37,530 | +€4,349 | +13.1% |
| Trade receivables | 40 | €33,181 | €37,530 | +€4,349 | +13.1% |
| Cash at bank and in hand | 54/58 | €3,512 | €6,656 | +€3,144 | +89.5% |
| Total equity and liabilities | 10/49 | €138,489 | €146,966 | +€8,477 | +6.1% |
| Equity | 10/15 | €12,243 | €6,907 | -€5,336 | -43.6% |
| Contributions | 10/11 | €18,600 | €18,950 | +€350 | +1.9% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €350 | - | -€350 | |
| Non-distributable reserves | 130/1 | €350 | - | -€350 | |
| Legal reserve | 130 | €350 | - | -€350 | |
| Profit (loss) carried forward | 14 | -€6,707 | -€12,043 | -€5,336 | -79.6% |
| Amounts payable | 17/49 | €126,246 | €140,059 | +€13,813 | +10.9% |
| Amounts payable within one year | 42/48 | €126,246 | €140,059 | +€13,813 | +10.9% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €22,284 | €385 | -€21,899 | -98.3% |
| Taxes | 450/3 | €22,284 | €385 | -€21,899 | -98.3% |
| Other amounts payable | 47/48 | €103,962 | €139,674 | +€35,712 | +34.4% |
| Turnover | 70 | €51,230 | €48,372 | -€2,858 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,629 | €43,797 | -€6,832 | -13.5% |
| Other operating charges | 640/8 | €803 | €1,006 | +€203 | +25.3% |
| Non-recurring operating charges | 66A | - | €625 | +€625 | |
| Gross operating margin | 9900 | €601 | -€2,765 | -€3,366 | |
| Operating profit (loss) | 9901 | -€202 | -€4,396 | -€4,194 | -2,076% |
| Financial charges | 65/66B | €182 | €510 | +€328 | +180% |
| Recurring financial charges | 65 | €182 | €510 | +€328 | +180% |
| Profit (loss) for the period before taxes | 9903 | -€384 | -€4,906 | -€4,522 | -1,178% |
| Income taxes | 67/77 | €392 | €430 | +€38 | +9.7% |
| Profit (loss) for the period | 9904 | -€776 | -€5,336 | -€4,560 | -588% |
| Profit (loss) for the period to be appropriated | 9905 | -€776 | -€5,336 | -€4,560 | -588% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.