La Prévoyance: 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.
What changed
La Prévoyance
NACE 64.922, Financial service activities, except insurance and pension funding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€213,199
2024 · €161,560+€51,638
Equity
€12.5m
2024 · €12.4m+€78,985
Cash
€3.4m
2024 · €2.7m+€713,171
Balance sheet total
€174.1m
2024 · €115.7m+€58.5m
Largest movements
Assets
- Receivables after one year +€54.5m
up €54.5m (+50.7%), from €107.4m to €161.9m
- Receivables within one year +€2.5m
up €2.5m (+52.8%), from €4.8m to €7.3m
of which Trade receivables: +€2.5m
Equity and liabilities
- Debts after one year +€55.6m
up €55.6m (+57.5%), from €96.7m to €152.3m
- Current portion of long-term debt +€2.8m
up €2.8m (+65.3%), from €4.3m to €7.2m
Income statement
- Turnover +€1.5m
up €1.5m (+65.6%), from €2.3m to €3.8m
- Goods and materials +€1.3m
up €1.3m (+78.5%), from €1.6m to €2.9m
- Staff costs +€142,194
up €142,194 (+33.7%), from €422,293 to €564,487
- Write-downs -€91,850
down €91,850, from €23,637 to -€68,212
- Services and other goods +€80,306
up €80,306 (+46.1%), from €174,100 to €254,406
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.
Result 2024
€161,560
Turnover
+€1.5m
Other operating income
+€59,211
Goods and materials
-€1.3m
Services and other goods
-€80,306
Staff costs
-€142,194
Depreciation
-€57,307
Write-downs
+€91,850
Other operating charges
-€4,576
Other operating items
+€2,196
Financial income
+€1,054
Financial charges
-€41,728
Taxes
-€2,489
Result 2025
€213,199
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€56.9m
Investment
-€636,954
Financing
+€58.3m
Cash 2024
€2.7m
From operations (derived)
-€56.9m
Net result for the year
+€213,199
Depreciation
+€82,415
Receivables after one year
-€54.5m
Stocks and contracts
-€175,339
Receivables within one year
-€2.5m
Smaller working-capital items
-€39,080
Investment (derived)
-€636,954
Investment in fixed assets (net)
-€488,629
Current investments
-€148,325
Financing
+€58.3m
Debts after one year
+€55.6m
Current portion of long-term debt
+€2.8m
Contributions, distributions and other
-€134,214
Cash 2025
€3.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,651,863 | €174,101,952 | +€58.5m | +50.5% |
| Formation expenses | 20 | €20,266 | €18,914 | -€1,352 | -6.7% |
| Fixed assets | 21/28 | €684,458 | €1,092,024 | +€407,566 | +59.5% |
| Intangible fixed assets | 21 | - | €397,357 | +€397,357 | |
| Tangible fixed assets | 22/27 | €684,234 | €694,443 | +€10,209 | +1.5% |
| Land and buildings | 22 | €613,336 | €592,368 | -€20,968 | -3.4% |
| Furniture and vehicles | 24 | €40,243 | €39,456 | -€787 | -2.0% |
| Assets under construction and advance payments | 27 | €30,655 | €62,620 | +€31,965 | +104% |
| Financial fixed assets | 28 | €224 | €224 | = | 0.0% |
| Other financial fixed assets | 284/8 | €224 | €224 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €224 | €224 | = | 0.0% |
| Current assets | 29/58 | €114,947,139 | €172,991,014 | +€58.0m | +50.5% |
| Amounts receivable after more than one year | 29 | €107,420,308 | €161,915,371 | +€54.5m | +50.7% |
| Trade receivables | 290 | €107,420,308 | €161,915,371 | +€54.5m | +50.7% |
| Stocks and contracts in progress | 3 | - | €175,339 | +€175,339 | |
| Stocks | 30/36 | - | €175,339 | +€175,339 | |
| Property held for sale | 35 | - | €175,339 | +€175,339 | |
| Amounts receivable within one year | 40/41 | €4,759,239 | €7,272,613 | +€2.5m | +52.8% |
| Trade receivables | 40 | €4,668,817 | €7,129,979 | +€2.5m | +52.7% |
| Other amounts receivable | 41 | €90,422 | €142,634 | +€52,212 | +57.7% |
| Current investments | 50/53 | €22,425 | €170,750 | +€148,325 | +661% |
| Own shares | 50 | €22,425 | €170,750 | +€148,325 | +661% |
| Cash at bank and in hand | 54/58 | €2,725,513 | €3,438,684 | +€713,171 | +26.2% |
| Deferred charges and accrued income | 490/1 | €19,653 | €18,257 | -€1,396 | -7.1% |
| Total equity and liabilities | 10/49 | €115,651,863 | €174,101,952 | +€58.5m | +50.5% |
| Equity | 10/15 | €12,444,677 | €12,523,661 | +€78,985 | +0.6% |
| Contributions | 10/11 | €1,840,000 | €1,840,000 | = | 0.0% |
| Capital | 10 | €1,840,000 | €1,840,000 | = | 0.0% |
| Issued capital | 100 | €1,840,000 | €1,840,000 | = | 0.0% |
| Reserves | 13 | €10,604,677 | €10,683,661 | +€78,985 | +0.7% |
| Non-distributable reserves | 130/1 | €206,425 | €354,750 | +€148,325 | +71.9% |
| Legal reserve | 130 | €184,000 | €184,000 | = | 0.0% |
| Own shares acquired | 1312 | €22,425 | €170,750 | +€148,325 | +661% |
| Distributable reserves | 133 | €10,398,252 | €10,328,911 | -€69,340 | -0.7% |
| Amounts payable | 17/49 | €103,207,186 | €161,578,291 | +€58.4m | +56.6% |
| Amounts payable after more than one year | 17 | €96,675,386 | €152,254,305 | +€55.6m | +57.5% |
| Financial debts | 170/4 | €96,675,386 | €152,254,305 | +€55.6m | +57.5% |
| Credit institutions | 173 | €96,675,386 | €152,254,305 | +€55.6m | +57.5% |
| Other loans | 174 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €6,528,500 | €9,319,092 | +€2.8m | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €4,338,288 | €7,170,949 | +€2.8m | +65.3% |
| Trade debts | 44 | €15,081 | €23,518 | +€8,438 | +56.0% |
| Suppliers | 440/4 | €15,081 | €23,518 | +€8,438 | +56.0% |
| Taxes, remuneration and social security | 45 | €47,623 | €64,149 | +€16,526 | +34.7% |
| Taxes | 450/3 | €385 | €0 | -€385 | -100% |
| Remuneration and social security | 454/9 | €47,237 | €64,149 | +€16,911 | +35.8% |
| Other amounts payable | 47/48 | €2,127,509 | €2,060,476 | -€67,033 | -3.2% |
| Accrued charges and deferred income | 492/3 | €3,300 | €4,893 | +€1,593 | +48.3% |
| Operating income | 70/76A | €2,493,803 | €4,076,358 | +€1.6m | +63.5% |
| Turnover | 70 | €2,316,356 | €3,834,938 | +€1.5m | +65.6% |
| Other operating income | 74 | €166,874 | €226,084 | +€59,211 | +35.5% |
| Non-recurring operating income | 76A | €10,574 | €15,335 | +€4,761 | +45.0% |
| Operating charges | 60/66A | €2,298,570 | €3,786,324 | +€1.5m | +64.7% |
| Goods for resale, raw materials and consumables | 60 | €1,647,074 | €2,939,730 | +€1.3m | +78.5% |
| Purchases | 600/8 | €1,647,074 | €2,939,730 | +€1.3m | +78.5% |
| Services and other goods | 61 | €174,100 | €254,406 | +€80,306 | +46.1% |
| Remuneration, social security and pensions | 62 | €422,293 | €564,487 | +€142,194 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,108 | €82,415 | +€57,307 | +228% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,637 | -€68,212 | -€91,850 | |
| Other operating charges | 640/8 | €6,115 | €10,691 | +€4,576 | +74.8% |
| Non-recurring operating charges | 66A | €242 | €2,807 | +€2,565 | +1,061% |
| Operating profit (loss) | 9901 | €195,233 | €290,034 | +€94,801 | +48.6% |
| Financial income | 75/76B | €2,678 | €3,732 | +€1,054 | +39.4% |
| Recurring financial income | 75 | €2,678 | €3,732 | +€1,054 | +39.4% |
| Income from current assets | 751 | €2,678 | €3,732 | +€1,054 | +39.4% |
| Financial charges | 65/66B | - | €41,728 | +€41,728 | |
| Recurring financial charges | 65 | - | €41,728 | +€41,728 | |
| Debt charges | 650 | - | €41,728 | +€41,728 | |
| Profit (loss) for the period before taxes | 9903 | €197,911 | €252,038 | +€54,127 | +27.3% |
| Income taxes | 67/77 | €36,350 | €38,839 | +€2,489 | +6.8% |
| Taxes | 670/3 | €36,350 | €38,839 | +€2,489 | +6.8% |
| Profit (loss) for the period | 9904 | €161,560 | €213,199 | +€51,638 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €161,560 | €213,199 | +€51,638 | +32.0% |
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 19 October 2026 via checked.be.