PROVA-OIL: 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.
PROVA-OIL
Largest movements
- Cash -€802,087
down €802,087 (-50.5%), from €1.6m to €785,306
mainly Trade debts (-€1.4m) and Investment in fixed assets (net) (-€203,248)
- Receivables within one year -€226,027
down €226,027 (-11.7%), from €1.9m to €1.7m
of which Trade receivables: -€383,991
- Stocks and contracts -€106,174
down €106,174 (-35.6%), from €298,423 to €192,249
- Trade debts -€1.4m
down €1.4m (-75.5%), from €1.9m to €469,270
- Reserves +€386,879
up €386,879 (+17.7%), from €2.2m to €2.6m
of which Distributable reserves: +€386,879
- Debts after one year -€166,002
down €166,002 (-30.6%), from €542,977 to €376,975
- Tax, wage and social debts +€81,736
up €81,736 (+241%), from €33,935 to €115,671
of which Taxes: +€72,936
- Gross operating margin +€305,528
up €305,528 (+35.0%), from €872,665 to €1.2m
- Staff costs +€82,202
up €82,202 (+26.7%), from €307,919 to €390,121
- Taxes +€68,065
up €68,065 (+92.7%), from €73,447 to €141,512
- Write-downs -€26,236
down €26,236, from €21,613 to -€4,623
- Financial income -€12,454
down €12,454 (-62.0%), from €20,073 to €7,619
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 | €4,912,103 | €3,774,339 | -€1.1m | -23.2% |
| Fixed assets | 21/28 | €1,035,441 | €1,029,730 | -€5,711 | -0.6% |
| Tangible fixed assets | 22/27 | €1,034,766 | €1,029,055 | -€5,711 | -0.6% |
| Plant, machinery and equipment | 23 | €33,751 | €32,447 | -€1,304 | -3.9% |
| Furniture and vehicles | 24 | €219,831 | €346,383 | +€126,551 | +57.6% |
| Leasing and similar rights | 25 | €781,183 | €650,226 | -€130,958 | -16.8% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €3,876,662 | €2,744,608 | -€1.1m | -29.2% |
| Stocks and contracts in progress | 3 | €298,423 | €192,249 | -€106,174 | -35.6% |
| Stocks | 30/36 | €298,423 | €192,249 | -€106,174 | -35.6% |
| Amounts receivable within one year | 40/41 | €1,937,757 | €1,711,731 | -€226,027 | -11.7% |
| Trade receivables | 40 | €1,440,347 | €1,056,357 | -€383,991 | -26.7% |
| Other amounts receivable | 41 | €497,410 | €655,374 | +€157,964 | +31.8% |
| Cash at bank and in hand | 54/58 | €1,587,393 | €785,306 | -€802,087 | -50.5% |
| Deferred charges and accrued income | 490/1 | €53,089 | €55,322 | +€2,233 | +4.2% |
| Total equity and liabilities | 10/49 | €4,912,103 | €3,774,339 | -€1.1m | -23.2% |
| Equity | 10/15 | €2,248,857 | €2,635,736 | +€386,879 | +17.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,186,857 | €2,573,736 | +€386,879 | +17.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,180,657 | €2,567,536 | +€386,879 | +17.7% |
| Amounts payable | 17/49 | €2,663,246 | €1,138,602 | -€1.5m | -57.2% |
| Amounts payable after more than one year | 17 | €542,977 | €376,975 | -€166,002 | -30.6% |
| Financial debts | 170/4 | €542,977 | €376,975 | -€166,002 | -30.6% |
| Amounts payable within one year | 42/48 | €2,120,268 | €761,627 | -€1.4m | -64.1% |
| Current portion of amounts payable after more than one year | 42 | €160,509 | €166,002 | +€5,493 | +3.4% |
| Trade debts | 44 | €1,915,266 | €469,270 | -€1.4m | -75.5% |
| Suppliers | 440/4 | €1,915,266 | €469,270 | -€1.4m | -75.5% |
| Taxes, remuneration and social security | 45 | €33,935 | €115,671 | +€81,736 | +241% |
| Taxes | 450/3 | €2,746 | €75,682 | +€72,936 | +2,656% |
| Remuneration and social security | 454/9 | €31,188 | €39,989 | +€8,800 | +28.2% |
| Other amounts payable | 47/48 | €10,559 | €10,683 | +€125 | +1.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €307,919 | €390,121 | +€82,202 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,932 | €208,959 | -€7,973 | -3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,613 | -€4,623 | -€26,236 | |
| Other operating charges | 640/8 | €23,447 | €25,467 | +€2,019 | +8.6% |
| Gross operating margin | 9900 | €872,665 | €1,178,194 | +€305,528 | +35.0% |
| Operating profit (loss) | 9901 | €302,753 | €558,270 | +€255,516 | +84.4% |
| Financial income | 75/76B | €20,073 | €7,619 | -€12,454 | -62.0% |
| Recurring financial income | 75 | €20,073 | €7,619 | -€12,454 | -62.0% |
| Financial charges | 65/66B | €46,316 | €37,498 | -€8,818 | -19.0% |
| Recurring financial charges | 65 | €46,316 | €37,498 | -€8,818 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €276,511 | €528,391 | +€251,880 | +91.1% |
| Income taxes | 67/77 | €73,447 | €141,512 | +€68,065 | +92.7% |
| Profit (loss) for the period | 9904 | €203,064 | €386,879 | +€183,815 | +90.5% |
| Profit (loss) for the period to be appropriated | 9905 | €203,064 | €386,879 | +€183,815 | +90.5% |
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.