PROVAL CONSTRUCT: what changed
Two fiscal 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 CONSTRUCT
Largest movements
- Cash +€19,746
up €19,746 (+354.6%), from €5,569 to €25,315
mainly Advances received (+€13,400) and Net result for the year (+€11,609)
- Receivables within one year +€8,923
up €8,923 (+26.3%), from €33,949 to €42,872
of which Other amounts receivable: +€6,318
- Advances received +€13,400
new in 2024: €13,400
- Reserves +€11,000
up €11,000 (+37.7%), from €29,202 to €40,202
of which Distributable reserves: +€11,000
- Tax, wage and social debts +€4,603
up €4,603 (+207.3%), from €2,221 to €6,824
- Gross operating margin +€10,921
up €10,921 (+219.7%), from €4,972 to €15,893
- Depreciation -€5,575
down €5,575 (-89.5%), from €6,230 to €656
- Taxes +€4,261
new in 2024: €4,261
- Financial charges -€1,369
down €1,369 (-71.5%), from €1,913 to €544
- Other operating charges +€567
up €567 (+140.1%), from €404 to €971
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,715 | €147,375 | +€28,660 | +24.1% |
| Fixed assets | 21/28 | €1,098 | €443 | -€656 | -59.7% |
| Tangible fixed assets | 22/27 | €798 | €143 | -€656 | -82.1% |
| Furniture and vehicles | 24 | €798 | €143 | -€656 | -82.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €117,617 | €146,933 | +€29,315 | +24.9% |
| Amounts receivable after more than one year | 29 | €74,500 | €74,500 | = | 0.0% |
| Other amounts receivable | 291 | €74,500 | €74,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,949 | €42,872 | +€8,923 | +26.3% |
| Trade receivables | 40 | €32,681 | €35,286 | +€2,605 | +8.0% |
| Other amounts receivable | 41 | €1,267 | €7,585 | +€6,318 | +498.6% |
| Cash at bank and in hand | 54/58 | €5,569 | €25,315 | +€19,746 | +354.6% |
| Deferred charges and accrued income | 490/1 | €3,600 | €4,247 | +€647 | +18.0% |
| Total equity and liabilities | 10/49 | €118,715 | €147,375 | +€28,660 | +24.1% |
| Equity | 10/15 | €77,600 | €89,209 | +€11,609 | +15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,202 | €40,202 | +€11,000 | +37.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,342 | €38,342 | +€11,000 | +40.2% |
| Profit (loss) carried forward | 14 | €29,799 | €30,407 | +€609 | +2.0% |
| Provisions and deferred taxes | 16 | €36,451 | €36,451 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €36,451 | €36,451 | = | 0.0% |
| Pensions and similar obligations | 160 | €36,451 | €36,451 | = | 0.0% |
| Amounts payable | 17/49 | €4,664 | €21,716 | +€17,051 | +365.6% |
| Amounts payable within one year | 42/48 | €4,664 | €21,716 | +€17,051 | +365.6% |
| Current portion of amounts payable after more than one year | 42 | €462 | - | -€462 | |
| Trade debts | 44 | €1,559 | €603 | -€956 | -61.3% |
| Suppliers | 440/4 | €1,559 | €603 | -€956 | -61.3% |
| Advances received on contracts in progress | 46 | - | €13,400 | +€13,400 | |
| Taxes, remuneration and social security | 45 | €2,221 | €6,824 | +€4,603 | +207.3% |
| Taxes | 450/3 | €2,221 | €6,824 | +€4,603 | +207.3% |
| Other amounts payable | 47/48 | €422 | €888 | +€467 | +110.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,230 | €656 | -€5,575 | -89.5% |
| Other operating charges | 640/8 | €404 | €971 | +€567 | +140.1% |
| Gross operating margin | 9900 | €4,972 | €15,893 | +€10,921 | +219.7% |
| Operating profit (loss) | 9901 | -€1,663 | €14,266 | +€15,930 | |
| Financial income | 75/76B | €2,236 | €2,147 | -€89 | -4.0% |
| Recurring financial income | 75 | €2,236 | €2,147 | -€89 | -4.0% |
| Financial charges | 65/66B | €1,913 | €544 | -€1,369 | -71.5% |
| Recurring financial charges | 65 | €1,913 | €544 | -€1,369 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,340 | €15,869 | +€17,209 | |
| Income taxes | 67/77 | - | €4,261 | +€4,261 | |
| Profit (loss) for the period | 9904 | -€1,340 | €11,609 | +€12,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,340 | €11,609 | +€12,949 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.