PROVAST: 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.
PROVAST
Largest movements
- Receivables within one year -€99,606
down €99,606 (-38.1%), from €261,772 to €162,166
of which Other amounts receivable: -€85,607
- Cash +€42,922
up €42,922 (+122.1%), from €35,141 to €78,063
mainly Contributions, distributions and other (+€1.4m) and Receivables within one year (+€99,606)
- Tangible fixed assets -€20,002
down €20,002 (-10.6%), from €189,272 to €169,270
of which Land and buildings: -€20,002
- Other debts -€1.4m
down €1.4m (-99.8%), from €1.4m to €2,469
- Contributions +€1.4m
up €1.4m (+135.2%), from €1.0m to €2.4m
- Profit (loss) carried forward -€42,721
down €42,721 (-1.1%), from -€3.9m to -€3.9m
- Accrued charges and deferred income -€20,002
down €20,002 (-10.6%), from €189,272 to €169,270
- Gross operating margin +€81,392
up €81,392 (+84.8%), from -€95,978 to -€14,585
- Write-downs +€22,302
no longer reported in 2025 (was -€22,302)
- Depreciation +€4,696
up €4,696 (+30.7%), from €15,306 to €20,002
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.
Cash bridge derived
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 | €488,018 | €411,119 | -€76,899 | -15.8% |
| Fixed assets | 21/28 | €189,396 | €169,394 | -€20,002 | -10.6% |
| Tangible fixed assets | 22/27 | €189,272 | €169,270 | -€20,002 | -10.6% |
| Land and buildings | 22 | €189,272 | €169,270 | -€20,002 | -10.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €298,623 | €241,725 | -€56,898 | -19.1% |
| Amounts receivable within one year | 40/41 | €261,772 | €162,166 | -€99,606 | -38.1% |
| Trade receivables | 40 | €13,999 | - | -€13,999 | |
| Other amounts receivable | 41 | €247,773 | €162,166 | -€85,607 | -34.6% |
| Cash at bank and in hand | 54/58 | €35,141 | €78,063 | +€42,922 | +122.1% |
| Deferred charges and accrued income | 490/1 | €1,710 | €1,496 | -€214 | -12.5% |
| Total equity and liabilities | 10/49 | €488,018 | €411,119 | -€76,899 | -15.8% |
| Equity | 10/15 | -€1,079,034 | €236,715 | +€1.3m | |
| Contributions | 10/11 | €1,004,517 | €2,362,987 | +€1.4m | +135.2% |
| Reserves | 13 | €1,807,101 | €1,807,101 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,198 | €50,198 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,198 | €50,198 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,738,153 | €1,738,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,890,652 | -€3,933,372 | -€42,721 | -1.1% |
| Amounts payable | 17/49 | €1,567,052 | €174,404 | -€1.4m | -88.9% |
| Amounts payable within one year | 42/48 | €1,377,781 | €5,133 | -€1.4m | -99.6% |
| Trade debts | 44 | €480 | €2,502 | +€2,022 | +421.7% |
| Suppliers | 440/4 | €480 | €2,502 | +€2,022 | +421.7% |
| Taxes, remuneration and social security | 45 | €1,765 | €162 | -€1,602 | -90.8% |
| Taxes | 450/3 | €1,765 | €162 | -€1,602 | -90.8% |
| Other amounts payable | 47/48 | €1,375,537 | €2,469 | -€1.4m | -99.8% |
| Accrued charges and deferred income | 492/3 | €189,272 | €169,270 | -€20,002 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,306 | €20,002 | +€4,696 | +30.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€22,302 | - | +€22,302 | |
| Other operating charges | 640/8 | €11,579 | €12,125 | +€547 | +4.7% |
| Gross operating margin | 9900 | -€95,978 | -€14,585 | +€81,392 | +84.8% |
| Operating profit (loss) | 9901 | -€100,560 | -€46,712 | +€53,848 | +53.5% |
| Financial income | 75/76B | €4,858 | €4,345 | -€513 | -10.6% |
| Recurring financial income | 75 | €4,858 | €4,345 | -€513 | -10.6% |
| Financial charges | 65/66B | €507 | €331 | -€176 | -34.8% |
| Recurring financial charges | 65 | €507 | €331 | -€176 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | -€96,209 | -€42,698 | +€53,511 | +55.6% |
| Income taxes | 67/77 | €151 | €23 | -€128 | -84.8% |
| Profit (loss) for the period | 9904 | -€96,360 | -€42,721 | +€53,639 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€96,360 | -€42,721 | +€53,639 | +55.7% |
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 9 October 2026 via checked.be.