hilde provoost: 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.
hilde provoost
Largest movements
- Cash +€30,448
up €30,448 (+55.6%), from €54,753 to €85,201
mainly Other debts (+€19,050) and Net result for the year (+€17,114)
- Receivables within one year -€9,366
down €9,366 (-50.3%), from €18,629 to €9,263
of which Trade receivables: -€8,290
- Tangible fixed assets -€2,668
down €2,668 (-56.4%), from €4,733 to €2,065
of which Furniture and vehicles: -€2,248
- Other debts +€19,050
up €19,050 (+1,373%), from €1,387 to €20,438
- Reserves -€2,454
down €2,454 (-4.1%), from €59,219 to €56,764
- Tax, wage and social debts +€2,059
up €2,059 (+59.9%), from €3,439 to €5,499
- Gross operating margin +€4,705
up €4,705 (+18.0%), from €26,069 to €30,774
- Taxes +€2,122
up €2,122 (+28.6%), from €7,424 to €9,545
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 | €83,522 | €102,249 | +€18,727 | +22.4% |
| Fixed assets | 21/28 | €4,733 | €2,065 | -€2,668 | -56.4% |
| Tangible fixed assets | 22/27 | €4,733 | €2,065 | -€2,668 | -56.4% |
| Plant, machinery and equipment | 23 | €1,061 | €641 | -€420 | -39.6% |
| Furniture and vehicles | 24 | €3,672 | €1,425 | -€2,248 | -61.2% |
| Current assets | 29/58 | €78,789 | €100,183 | +€21,395 | +27.2% |
| Stocks and contracts in progress | 3 | €3,955 | €4,395 | +€440 | +11.1% |
| Stocks | 30/36 | €3,955 | €4,395 | +€440 | +11.1% |
| Amounts receivable within one year | 40/41 | €18,629 | €9,263 | -€9,366 | -50.3% |
| Trade receivables | 40 | €17,553 | €9,263 | -€8,290 | -47.2% |
| Other amounts receivable | 41 | €1,076 | €0 | -€1,076 | -100% |
| Cash at bank and in hand | 54/58 | €54,753 | €85,201 | +€30,448 | +55.6% |
| Deferred charges and accrued income | 490/1 | €1,451 | €1,324 | -€127 | -8.8% |
| Total equity and liabilities | 10/49 | €83,522 | €102,249 | +€18,727 | +22.4% |
| Equity | 10/15 | €77,819 | €75,364 | -€2,454 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,219 | €56,764 | -€2,454 | -4.1% |
| Distributable reserves | 133 | €59,219 | €56,764 | -€2,454 | -4.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €5,703 | €26,884 | +€21,181 | +371% |
| Amounts payable within one year | 42/48 | €5,178 | €26,285 | +€21,107 | +408% |
| Trade debts | 44 | €351 | €349 | -€3 | -0.8% |
| Suppliers | 440/4 | €351 | €349 | -€3 | -0.8% |
| Taxes, remuneration and social security | 45 | €3,439 | €5,499 | +€2,059 | +59.9% |
| Taxes | 450/3 | €3,439 | €5,499 | +€2,059 | +59.9% |
| Other amounts payable | 47/48 | €1,387 | €20,438 | +€19,050 | +1,373% |
| Accrued charges and deferred income | 492/3 | €525 | €599 | +€74 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,882 | €2,668 | -€214 | -7.4% |
| Other operating charges | 640/8 | €782 | €872 | +€90 | +11.5% |
| Gross operating margin | 9900 | €26,069 | €30,774 | +€4,705 | +18.0% |
| Operating profit (loss) | 9901 | €22,405 | €27,234 | +€4,829 | +21.6% |
| Financial income | 75/76B | €273 | €0 | -€273 | -100% |
| Recurring financial income | 75 | €273 | €0 | -€273 | -100% |
| Financial charges | 65/66B | €394 | €575 | +€180 | +45.7% |
| Recurring financial charges | 65 | €394 | €575 | +€180 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €22,283 | €26,659 | +€4,376 | +19.6% |
| Income taxes | 67/77 | €7,424 | €9,545 | +€2,122 | +28.6% |
| Profit (loss) for the period | 9904 | €14,860 | €17,114 | +€2,254 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,860 | €17,114 | +€2,254 | +15.2% |
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 20 October 2026 via checked.be.