HANDELSONDERNEMING PROVACO: 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.
HANDELSONDERNEMING PROVACO
Largest movements
- Cash -€7,649
down €7,649 (-53.5%), from €14,292 to €6,643
mainly Investment in fixed assets (net) (-€6,369) and Receivables within one year (-€2,981)
- Financial fixed assets +€3,303
new in 2025: €3,303
- Receivables within one year +€2,981
up €2,981 (+662%), from €450 to €3,431
- Tangible fixed assets +€2,159
up €2,159 (+96.2%), from €2,244 to €4,402
- Profit (loss) carried forward +€1,785
up €1,785 (+26.3%), from -€6,777 to -€4,992
- Tax, wage and social debts -€720
down €720 (-25.4%), from €2,839 to €2,118
- Trade debts -€254
down €254 (-38.3%), from €663 to €410
- Gross operating margin +€9,392
up €9,392, from -€5,899 to €3,494
- Depreciation +€455
up €455 (+101%), from €452 to €908
- Other operating charges +€240
up €240 (+62.1%), from €387 to €628
- Financial charges +€177
up €177 (+455%), from €39 to €216
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 | €16,986 | €17,779 | +€794 | +4.7% |
| Fixed assets | 21/28 | €2,244 | €7,706 | +€5,462 | +243% |
| Tangible fixed assets | 22/27 | €2,244 | €4,402 | +€2,159 | +96.2% |
| Plant, machinery and equipment | 23 | €2,244 | €4,402 | +€2,159 | +96.2% |
| Financial fixed assets | 28 | - | €3,303 | +€3,303 | |
| Current assets | 29/58 | €14,742 | €10,074 | -€4,668 | -31.7% |
| Amounts receivable within one year | 40/41 | €450 | €3,431 | +€2,981 | +662% |
| Trade receivables | 40 | €450 | €3,431 | +€2,981 | +662% |
| Cash at bank and in hand | 54/58 | €14,292 | €6,643 | -€7,649 | -53.5% |
| Total equity and liabilities | 10/49 | €16,986 | €17,779 | +€794 | +4.7% |
| Equity | 10/15 | -€4,777 | -€2,992 | +€1,785 | +37.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | - | €2,000 | +€2,000 | |
| Issued capital | 100 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | -€6,777 | -€4,992 | +€1,785 | +26.3% |
| Amounts payable | 17/49 | €21,763 | €20,771 | -€992 | -4.6% |
| Amounts payable within one year | 42/48 | €20,773 | €19,721 | -€1,052 | -5.1% |
| Trade debts | 44 | €663 | €410 | -€254 | -38.3% |
| Suppliers | 440/4 | €663 | €410 | -€254 | -38.3% |
| Taxes, remuneration and social security | 45 | €2,839 | €2,118 | -€720 | -25.4% |
| Taxes | 450/3 | €2,839 | €2,118 | -€720 | -25.4% |
| Other amounts payable | 47/48 | €17,271 | €17,193 | -€77 | -0.4% |
| Accrued charges and deferred income | 492/3 | €990 | €1,050 | +€60 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €452 | €908 | +€455 | +101% |
| Other operating charges | 640/8 | €387 | €628 | +€240 | +62.1% |
| Gross operating margin | 9900 | -€5,899 | €3,494 | +€9,392 | |
| Operating profit (loss) | 9901 | -€6,738 | €1,958 | +€8,697 | |
| Financial income | 75/76B | €0 | €43 | +€43 | +47,389% |
| Recurring financial income | 75 | €0 | €43 | +€43 | +47,389% |
| Financial charges | 65/66B | €39 | €216 | +€177 | +455% |
| Recurring financial charges | 65 | €39 | €216 | +€177 | +455% |
| Profit (loss) for the period before taxes | 9903 | -€6,777 | €1,785 | +€8,562 | |
| Profit (loss) for the period | 9904 | -€6,777 | €1,785 | +€8,562 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,777 | €1,785 | +€8,562 |
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 13 October 2026 via checked.be.