ProVasto: 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.
ProVasto
Largest movements
- Receivables within one year +€72,610
up €72,610 (+4304.0%), from €1,687 to €74,297
of which Trade receivables: +€54,823
- Tangible fixed assets +€17,300
up €17,300 (+122.1%), from €14,173 to €31,474
of which Furniture and vehicles: +€28,215
- Cash -€16,336
down €16,336 (-80.6%), from €20,278 to €3,943
mainly Receivables within one year (-€72,610) and Other debts (-€22,883)
- Intangible fixed assets -€2,150
no longer reported in 2025 (was €2,150)
- Stocks and contracts -€1,520
no longer reported in 2025 (was €1,520)
- Trade debts +€43,600
up €43,600 (+1427.4%), from €3,054 to €46,654
- Other debts -€22,883
no longer reported in 2025 (was €22,883)
- Accrued charges and deferred income +€20,000
new in 2025: €20,000
- Debts after one year +€17,343
new in 2025: €17,343
- Reserves +€13,055
new in 2025: €13,055
- Taxes +€6,505
new in 2025: €6,505
- Gross operating margin -€1,813
down €1,813 (-7.0%), from €25,928 to €24,116
- Depreciation -€1,328
down €1,328 (-37.1%), from €3,583 to €2,255
- Other operating charges -€1,022
down €1,022 (-52.0%), from €1,966 to €944
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 | €39,808 | €109,714 | +€69,905 | +175.6% |
| Fixed assets | 21/28 | €16,323 | €31,474 | +€15,151 | +92.8% |
| Intangible fixed assets | 21 | €2,150 | - | -€2,150 | |
| Tangible fixed assets | 22/27 | €14,173 | €31,474 | +€17,300 | +122.1% |
| Land and buildings | 22 | €1,488 | - | -€1,488 | |
| Plant, machinery and equipment | 23 | €12,685 | €3,259 | -€9,426 | -74.3% |
| Furniture and vehicles | 24 | - | €28,215 | +€28,215 | |
| Current assets | 29/58 | €23,486 | €78,240 | +€54,754 | +233.1% |
| Stocks and contracts in progress | 3 | €1,520 | - | -€1,520 | |
| Stocks | 30/36 | €1,520 | - | -€1,520 | |
| Amounts receivable within one year | 40/41 | €1,687 | €74,297 | +€72,610 | +4304.0% |
| Trade receivables | 40 | €1,085 | €55,908 | +€54,823 | +5051.9% |
| Other amounts receivable | 41 | €602 | €18,389 | +€17,788 | +2955.5% |
| Cash at bank and in hand | 54/58 | €20,278 | €3,943 | -€16,336 | -80.6% |
| Total equity and liabilities | 10/49 | €39,808 | €109,714 | +€69,905 | +175.6% |
| Equity | 10/15 | €12,400 | €13,055 | +€655 | +5.3% |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Outside capital | 11 | €12,400 | - | -€12,400 | |
| Share premium | 1100/10 | €12,400 | - | -€12,400 | |
| Reserves | 13 | - | €13,055 | +€13,055 | |
| Distributable reserves | 133 | - | €13,055 | +€13,055 | |
| Amounts payable | 17/49 | €27,408 | €96,659 | +€69,251 | +252.7% |
| Amounts payable after more than one year | 17 | - | €17,343 | +€17,343 | |
| Financial debts | 170/4 | - | €17,343 | +€17,343 | |
| Amounts payable within one year | 42/48 | €27,408 | €59,316 | +€31,908 | +116.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,723 | +€5,723 | |
| Trade debts | 44 | €3,054 | €46,654 | +€43,600 | +1427.4% |
| Suppliers | 440/4 | €3,054 | €46,654 | +€43,600 | +1427.4% |
| Advances received on contracts in progress | 46 | €499 | - | -€499 | |
| Taxes, remuneration and social security | 45 | €972 | €6,939 | +€5,967 | +614.0% |
| Taxes | 450/3 | €972 | €6,939 | +€5,967 | +614.0% |
| Other amounts payable | 47/48 | €22,883 | - | -€22,883 | |
| Accrued charges and deferred income | 492/3 | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €320 | €477 | +€157 | +48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,583 | €2,255 | -€1,328 | -37.1% |
| Other operating charges | 640/8 | €1,966 | €944 | -€1,022 | -52.0% |
| Non-recurring operating charges | 66A | €1,938 | €297 | -€1,641 | -84.7% |
| Gross operating margin | 9900 | €25,928 | €24,116 | -€1,813 | -7.0% |
| Operating profit (loss) | 9901 | €18,122 | €20,143 | +€2,022 | +11.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €326 | €584 | +€258 | +79.2% |
| Recurring financial charges | 65 | €74 | €584 | +€510 | +689.3% |
| Non-recurring financial charges | 66B | €252 | - | -€252 | |
| Profit (loss) for the period before taxes | 9903 | €17,795 | €19,560 | +€1,765 | +9.9% |
| Income taxes | 67/77 | - | €6,505 | +€6,505 | |
| Profit (loss) for the period | 9904 | €17,795 | €13,055 | -€4,741 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,795 | €13,055 | -€4,741 | -26.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.