Aurélie Provost: 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.
Aurélie Provost
Largest movements
- Tangible fixed assets -€34,669
down €34,669 (-46.3%), from €74,895 to €40,226
of which Leasing and similar rights: -€33,976
- Receivables within one year -€6,088
down €6,088 (-15.3%), from €39,719 to €33,631
of which Trade receivables: -€6,088
- Cash -€2,177
down €2,177 (-2.5%), from €85,770 to €83,593
mainly Debts after one year (-€30,321) and Net result for the year (-€15,682)
- Debts after one year -€30,321
down €30,321 (-49.6%), from €61,185 to €30,864
- Profit (loss) carried forward -€15,682
new in 2025: -€15,682
- Current portion of long-term debt +€9,956
up €9,956 (+48.9%), from €20,365 to €30,321
- Trade debts -€4,604
down €4,604 (-34.0%), from €13,536 to €8,931
- Tax, wage and social debts -€3,353
down €3,353 (-26.8%), from €12,534 to €9,181
- Gross operating margin -€15,957
down €15,957 (-32.9%), from €48,452 to €32,495
- Depreciation -€3,765
down €3,765 (-9.4%), from €39,908 to €36,144
- Other operating charges +€2,670
up €2,670 (+87.1%), from €3,067 to €5,737
- Taxes +€1,974
up €1,974 (+156%), from €1,268 to €3,242
- Financial charges -€753
down €753 (-18.6%), from €4,051 to €3,297
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 | €204,005 | €160,407 | -€43,598 | -21.4% |
| Fixed assets | 21/28 | €74,940 | €40,272 | -€34,669 | -46.3% |
| Tangible fixed assets | 22/27 | €74,895 | €40,226 | -€34,669 | -46.3% |
| Furniture and vehicles | 24 | €5,439 | €5,241 | -€199 | -3.7% |
| Leasing and similar rights | 25 | €68,010 | €34,035 | -€33,976 | -50.0% |
| Other tangible fixed assets | 26 | €1,446 | €951 | -€494 | -34.2% |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €129,064 | €120,135 | -€8,929 | -6.9% |
| Amounts receivable within one year | 40/41 | €39,719 | €33,631 | -€6,088 | -15.3% |
| Trade receivables | 40 | €22,470 | €16,382 | -€6,088 | -27.1% |
| Other amounts receivable | 41 | €17,248 | €17,248 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,770 | €83,593 | -€2,177 | -2.5% |
| Deferred charges and accrued income | 490/1 | €3,576 | €2,911 | -€665 | -18.6% |
| Total equity and liabilities | 10/49 | €204,005 | €160,407 | -€43,598 | -21.4% |
| Equity | 10/15 | €92,878 | €77,173 | -€15,705 | -16.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €87,878 | €87,855 | -€23 | 0.0% |
| Distributable reserves | 133 | €87,878 | €87,855 | -€23 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,682 | -€15,682 | |
| Amounts payable | 17/49 | €111,127 | €83,235 | -€27,892 | -25.1% |
| Amounts payable after more than one year | 17 | €61,185 | €30,864 | -€30,321 | -49.6% |
| Financial debts | 170/4 | €61,185 | €30,864 | -€30,321 | -49.6% |
| Amounts payable within one year | 42/48 | €49,381 | €51,297 | +€1,916 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €20,365 | €30,321 | +€9,956 | +48.9% |
| Financial debts | 43 | €632 | €2,450 | +€1,818 | +288% |
| Credit institutions | 430/8 | €632 | €2,450 | +€1,818 | +288% |
| Trade debts | 44 | €13,536 | €8,931 | -€4,604 | -34.0% |
| Suppliers | 440/4 | €13,536 | €8,931 | -€4,604 | -34.0% |
| Taxes, remuneration and social security | 45 | €12,534 | €9,181 | -€3,353 | -26.8% |
| Taxes | 450/3 | €12,534 | €9,181 | -€3,353 | -26.8% |
| Other amounts payable | 47/48 | €2,314 | €414 | -€1,900 | -82.1% |
| Accrued charges and deferred income | 492/3 | €561 | €1,073 | +€512 | +91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,908 | €36,144 | -€3,765 | -9.4% |
| Other operating charges | 640/8 | €3,067 | €5,737 | +€2,670 | +87.1% |
| Gross operating margin | 9900 | €48,452 | €32,495 | -€15,957 | -32.9% |
| Operating profit (loss) | 9901 | €5,478 | -€9,385 | -€14,863 | |
| Financial income | 75/76B | €0 | €242 | +€242 | +71,082% |
| Recurring financial income | 75 | €0 | €242 | +€242 | +71,082% |
| Financial charges | 65/66B | €4,051 | €3,297 | -€753 | -18.6% |
| Recurring financial charges | 65 | €4,051 | €3,297 | -€753 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €1,427 | -€12,440 | -€13,868 | |
| Income taxes | 67/77 | €1,268 | €3,242 | +€1,974 | +156% |
| Profit (loss) for the period | 9904 | €159 | -€15,682 | -€15,842 | |
| Profit (loss) for the period to be appropriated | 9905 | €159 | -€15,682 | -€15,842 |
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.