PROVANAL: 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
PROVANAL
NACE 66.300, Activities auxiliary to financial services and insurance activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€19,619
2024 · €28,997-€9,378
Equity
€1.5m
2024 · €1.5m+€19,619
Cash
€8,469
2024 · €7,085+€1,385
Balance sheet total
€1.5m
2024 · €1.5m+€71
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€19,619
up €19,619 (+5.8%), from €340,958 to €360,577
Income statement
- Gross operating margin -€17,737
down €17,737 (-34.5%), from €51,349 to €33,612
- Taxes -€6,190
down €6,190 (-42.4%), from €14,614 to €8,423
- Depreciation -€1,062
down €1,062 (-97.9%), from €1,085 to €23
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
€28,997
Gross operating margin
-€17,737
Depreciation
+€1,062
Other operating charges
-€87
Other operating items
+€1,032
Financial income
-€1
Financial charges
+€161
Taxes
+€6,190
Result 2025
€19,619
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
+€3,249
Investment
+€1,158
Financing
-€3,022
Cash 2024
€7,085
From operations (derived)
+€3,249
Net result for the year
+€19,619
Depreciation
+€23
Receivables within one year
-€635
Deferred charges and accrued income
+€768
Trade debts
-€881
Tax, wage and social debts
-€932
Other debts
-€14,713
Investment (derived)
+€1,158
Investment in fixed assets (net)
+€1,158
Financing
-€3,022
Current portion of long-term debt
-€3,022
Cash 2025
€8,469
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,544,340 | €1,544,411 | +€71 | 0.0% |
| Fixed assets | 21/28 | €1,501,751 | €1,500,571 | -€1,181 | -0.1% |
| Tangible fixed assets | 22/27 | €1,181 | €0 | -€1,181 | -100% |
| Plant, machinery and equipment | 23 | €23 | €0 | -€23 | -100% |
| Furniture and vehicles | 24 | €1,158 | €0 | -€1,158 | -100% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,500,571 | €1,500,571 | = | 0.0% |
| Current assets | 29/58 | €42,589 | €43,841 | +€1,252 | +2.9% |
| Amounts receivable within one year | 40/41 | €33,653 | €34,288 | +€635 | +1.9% |
| Trade receivables | 40 | €32,939 | €33,575 | +€635 | +1.9% |
| Other amounts receivable | 41 | €713 | €713 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,085 | €8,469 | +€1,385 | +19.5% |
| Deferred charges and accrued income | 490/1 | €1,852 | €1,084 | -€768 | -41.5% |
| Total equity and liabilities | 10/49 | €1,544,340 | €1,544,411 | +€71 | 0.0% |
| Equity | 10/15 | €1,479,525 | €1,499,144 | +€19,619 | +1.3% |
| Contributions | 10/11 | €1,138,567 | €1,138,567 | = | 0.0% |
| Reserves | 13 | €340,958 | €360,577 | +€19,619 | +5.8% |
| Distributable reserves | 133 | €340,958 | €360,577 | +€19,619 | +5.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €64,815 | €45,268 | -€19,548 | -30.2% |
| Amounts payable within one year | 42/48 | €64,815 | €45,268 | -€19,548 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €3,022 | €0 | -€3,022 | -100% |
| Trade debts | 44 | €15,787 | €14,906 | -€881 | -5.6% |
| Suppliers | 440/4 | €15,787 | €14,906 | -€881 | -5.6% |
| Taxes, remuneration and social security | 45 | €7,030 | €6,099 | -€932 | -13.3% |
| Taxes | 450/3 | €7,030 | €6,099 | -€932 | -13.3% |
| Other amounts payable | 47/48 | €38,976 | €24,263 | -€14,713 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,085 | €23 | -€1,062 | -97.9% |
| Other operating charges | 640/8 | €2,350 | €2,436 | +€87 | +3.7% |
| Non-recurring operating charges | 66A | €1,032 | €0 | -€1,032 | -100% |
| Gross operating margin | 9900 | €51,349 | €33,612 | -€17,737 | -34.5% |
| Operating profit (loss) | 9901 | €46,882 | €31,153 | -€15,729 | -33.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -62.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -62.2% |
| Financial charges | 65/66B | €3,272 | €3,111 | -€161 | -4.9% |
| Recurring financial charges | 65 | €3,272 | €3,111 | -€161 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €43,611 | €28,042 | -€15,568 | -35.7% |
| Income taxes | 67/77 | €14,614 | €8,423 | -€6,190 | -42.4% |
| Profit (loss) for the period | 9904 | €28,997 | €19,619 | -€9,378 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,997 | €19,619 | -€9,378 | -32.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.