PROVALIUS: 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.
PROVALIUS
Largest movements
- Receivables within one year -€18,740
down €18,740 (-78.0%), from €24,031 to €5,291
of which Trade receivables: -€17,889
- Cash +€15,637
up €15,637 (+857%), from €1,826 to €17,463
mainly Debts after one year (+€61,600) and Net result for the year (+€24,810)
- Tangible fixed assets +€8,168
up €8,168 (+77.0%), from €10,607 to €18,776
- Deferred charges and accrued income -€3,398
down €3,398 (-29.3%), from €11,584 to €8,186
- Short-term financial debts -€70,531
down €70,531 (-100%), from €70,531 to €0
- Debts after one year +€61,600
up €61,600, from €0 to €61,600
- Reserves +€33,040
up €33,040 (+415%), from €7,967 to €41,007
- Other debts -€22,519
down €22,519 (-83.8%), from €26,861 to €4,342
- Tax, wage and social debts +€8,365
up €8,365 (+330%), from €2,535 to €10,900
- Gross operating margin +€20,024
up €20,024 (+75.0%), from €26,685 to €46,709
- Financial charges -€5,788
down €5,788 (-52.3%), from €11,064 to €5,276
- Taxes +€5,436
up €5,436 (+112%), from €4,837 to €10,273
- Other operating charges +€2,585
up €2,585 (+585%), from €442 to €3,026
- Depreciation +€2,044
up €2,044 (+160%), from €1,279 to €3,324
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 | €127,091 | €128,758 | +€1,667 | +1.3% |
| Fixed assets | 21/28 | €89,650 | €97,819 | +€8,168 | +9.1% |
| Tangible fixed assets | 22/27 | €10,607 | €18,776 | +€8,168 | +77.0% |
| Furniture and vehicles | 24 | €10,607 | €18,776 | +€8,168 | +77.0% |
| Financial fixed assets | 28 | €79,043 | €79,043 | = | 0.0% |
| Current assets | 29/58 | €37,441 | €30,939 | -€6,502 | -17.4% |
| Amounts receivable within one year | 40/41 | €24,031 | €5,291 | -€18,740 | -78.0% |
| Trade receivables | 40 | €21,517 | €3,628 | -€17,889 | -83.1% |
| Other amounts receivable | 41 | €2,514 | €1,663 | -€851 | -33.9% |
| Cash at bank and in hand | 54/58 | €1,826 | €17,463 | +€15,637 | +857% |
| Deferred charges and accrued income | 490/1 | €11,584 | €8,186 | -€3,398 | -29.3% |
| Total equity and liabilities | 10/49 | €127,091 | €128,758 | +€1,667 | +1.3% |
| Equity | 10/15 | €26,197 | €51,007 | +€24,810 | +94.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,967 | €41,007 | +€33,040 | +415% |
| Distributable reserves | 133 | €7,967 | €41,007 | +€33,040 | +415% |
| Profit (loss) carried forward | 14 | €8,230 | €0 | -€8,230 | -100% |
| Amounts payable | 17/49 | €100,894 | €77,751 | -€23,144 | -22.9% |
| Amounts payable after more than one year | 17 | €0 | €61,600 | +€61,600 | |
| Financial debts | 170/4 | €0 | €61,600 | +€61,600 | |
| Amounts payable within one year | 42/48 | €100,894 | €16,151 | -€84,744 | -84.0% |
| Financial debts | 43 | €70,531 | €0 | -€70,531 | -100% |
| Credit institutions | 430/8 | €70,531 | €0 | -€70,531 | -100% |
| Trade debts | 44 | €967 | €0 | -€967 | -100% |
| Suppliers | 440/4 | €967 | €0 | -€967 | -100% |
| Advances received on contracts in progress | 46 | - | €908 | +€908 | |
| Taxes, remuneration and social security | 45 | €2,535 | €10,900 | +€8,365 | +330% |
| Taxes | 450/3 | €2,535 | €10,900 | +€8,365 | +330% |
| Other amounts payable | 47/48 | €26,861 | €4,342 | -€22,519 | -83.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,279 | €3,324 | +€2,044 | +160% |
| Other operating charges | 640/8 | €442 | €3,026 | +€2,585 | +585% |
| Gross operating margin | 9900 | €26,685 | €46,709 | +€20,024 | +75.0% |
| Operating profit (loss) | 9901 | €24,964 | €40,359 | +€15,395 | +61.7% |
| Financial charges | 65/66B | €11,064 | €5,276 | -€5,788 | -52.3% |
| Recurring financial charges | 65 | €11,064 | €5,276 | -€5,788 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €13,900 | €35,083 | +€21,183 | +152% |
| Income taxes | 67/77 | €4,837 | €10,273 | +€5,436 | +112% |
| Profit (loss) for the period | 9904 | €9,063 | €24,810 | +€15,747 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €9,063 | €24,810 | +€15,747 | +174% |
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 23 October 2026 via checked.be.