ProVal: 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.
ProVal
Largest movements
- Cash -€28,260
down €28,260 (-52.0%), from €54,325 to €26,065
mainly Net result for the year (-€30,208) and Tax, wage and social debts (-€11,715)
- Receivables within one year -€19,477
down €19,477 (-49.9%), from €39,060 to €19,583
of which Trade receivables: -€21,055
- Reserves -€30,208
down €30,208 (-60.4%), from €50,034 to €19,826
of which Distributable reserves: -€28,348
- Tax, wage and social debts -€11,715
down €11,715 (-74.4%), from €15,741 to €4,026
- Debts after one year -€6,505
down €6,505 (-66.0%), from €9,860 to €3,354
- Gross operating margin -€86,204
down €86,204, from €58,057 to -€28,147
- Taxes -€11,930
down €11,930 (-99.1%), from €12,038 to €107
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 | €94,312 | €46,112 | -€48,200 | -51.1% |
| Fixed assets | 21/28 | €927 | €464 | -€464 | -50.0% |
| Tangible fixed assets | 22/27 | €927 | €464 | -€464 | -50.0% |
| Furniture and vehicles | 24 | €927 | €464 | -€464 | -50.0% |
| Current assets | 29/58 | €93,385 | €45,648 | -€47,737 | -51.1% |
| Amounts receivable within one year | 40/41 | €39,060 | €19,583 | -€19,477 | -49.9% |
| Trade receivables | 40 | €22,148 | €1,093 | -€21,055 | -95.1% |
| Other amounts receivable | 41 | €16,912 | €18,490 | +€1,578 | +9.3% |
| Cash at bank and in hand | 54/58 | €54,325 | €26,065 | -€28,260 | -52.0% |
| Total equity and liabilities | 10/49 | €94,312 | €46,112 | -€48,200 | -51.1% |
| Equity | 10/15 | €62,434 | €32,226 | -€30,208 | -48.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,034 | €19,826 | -€30,208 | -60.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €48,174 | €19,826 | -€28,348 | -58.8% |
| Amounts payable | 17/49 | €31,878 | €13,886 | -€17,992 | -56.4% |
| Amounts payable after more than one year | 17 | €9,860 | €3,354 | -€6,505 | -66.0% |
| Financial debts | 170/4 | €9,860 | €3,354 | -€6,505 | -66.0% |
| Amounts payable within one year | 42/48 | €22,019 | €10,532 | -€11,487 | -52.2% |
| Current portion of amounts payable after more than one year | 42 | €6,243 | €6,505 | +€262 | +4.2% |
| Trade debts | 44 | €34 | - | -€34 | |
| Suppliers | 440/4 | €34 | - | -€34 | |
| Taxes, remuneration and social security | 45 | €15,741 | €4,026 | -€11,715 | -74.4% |
| Taxes | 450/3 | €15,741 | €4,026 | -€11,715 | -74.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464 | €464 | = | 0.0% |
| Other operating charges | 640/8 | €708 | €698 | -€10 | -1.4% |
| Gross operating margin | 9900 | €58,057 | -€28,147 | -€86,204 | |
| Operating profit (loss) | 9901 | €56,885 | -€29,309 | -€86,194 | |
| Financial income | 75/76B | €64 | €144 | +€80 | +126% |
| Recurring financial income | 75 | €64 | €144 | +€80 | +126% |
| Financial charges | 65/66B | €1,288 | €936 | -€353 | -27.4% |
| Recurring financial charges | 65 | €1,288 | €936 | -€353 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €55,661 | -€30,101 | -€85,761 | |
| Income taxes | 67/77 | €12,038 | €107 | -€11,930 | -99.1% |
| Profit (loss) for the period | 9904 | €43,623 | -€30,208 | -€73,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,623 | -€30,208 | -€73,831 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.