PROVE-IT: 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.
PROVE-IT
Largest movements
- Cash +€26,049
up €26,049 (+110%), from €23,746 to €49,796
mainly Debts after one year (+€28,731) and Depreciation (+€27,160)
- Receivables within one year +€9,959
up €9,959 (+27.3%), from €36,511 to €46,469
of which Other amounts receivable: +€7,707
- Debts after one year +€28,731
up €28,731 (+86.4%), from €33,253 to €61,984
- Other debts -€16,854
down €16,854 (-21.5%), from €78,250 to €61,396
- Current portion of long-term debt +€12,840
up €12,840 (+100%), from €12,795 to €25,636
- Tax, wage and social debts +€7,119
up €7,119 (+63.2%), from €11,257 to €18,376
of which Taxes: +€4,499
- Trade debts +€2,110
up €2,110 (+63.3%), from €3,335 to €5,445
- Gross operating margin -€13,462
down €13,462 (-14.1%), from €95,711 to €82,248
- Taxes -€6,162
down €6,162 (-45.8%), from €13,455 to €7,293
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 | €157,853 | €193,338 | +€35,485 | +22.5% |
| Fixed assets | 21/28 | €94,379 | €93,642 | -€737 | -0.8% |
| Tangible fixed assets | 22/27 | €94,379 | €93,642 | -€737 | -0.8% |
| Plant, machinery and equipment | 23 | €7,842 | €8,125 | +€283 | +3.6% |
| Furniture and vehicles | 24 | €86,537 | €85,518 | -€1,020 | -1.2% |
| Current assets | 29/58 | €63,474 | €99,696 | +€36,222 | +57.1% |
| Amounts receivable within one year | 40/41 | €36,511 | €46,469 | +€9,959 | +27.3% |
| Trade receivables | 40 | €34,741 | €36,993 | +€2,252 | +6.5% |
| Other amounts receivable | 41 | €1,770 | €9,477 | +€7,707 | +435% |
| Cash at bank and in hand | 54/58 | €23,746 | €49,796 | +€26,049 | +110% |
| Deferred charges and accrued income | 490/1 | €3,217 | €3,431 | +€214 | +6.6% |
| Total equity and liabilities | 10/49 | €157,853 | €193,338 | +€35,485 | +22.5% |
| Equity | 10/15 | €18,550 | €20,001 | +€1,451 | +7.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €1,451 | +€1,451 | |
| Distributable reserves | 133 | - | €1,451 | +€1,451 | |
| Amounts payable | 17/49 | €139,303 | €173,337 | +€34,034 | +24.4% |
| Amounts payable after more than one year | 17 | €33,253 | €61,984 | +€28,731 | +86.4% |
| Financial debts | 170/4 | €33,253 | €61,984 | +€28,731 | +86.4% |
| Amounts payable within one year | 42/48 | €105,638 | €110,853 | +€5,215 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €12,795 | €25,636 | +€12,840 | +100% |
| Trade debts | 44 | €3,335 | €5,445 | +€2,110 | +63.3% |
| Suppliers | 440/4 | €3,335 | €5,445 | +€2,110 | +63.3% |
| Taxes, remuneration and social security | 45 | €11,257 | €18,376 | +€7,119 | +63.2% |
| Taxes | 450/3 | €11,257 | €15,757 | +€4,499 | +40.0% |
| Remuneration and social security | 454/9 | - | €2,620 | +€2,620 | |
| Other amounts payable | 47/48 | €78,250 | €61,396 | -€16,854 | -21.5% |
| Accrued charges and deferred income | 492/3 | €412 | €500 | +€88 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,680 | €27,160 | -€520 | -1.9% |
| Other operating charges | 640/8 | €740 | €926 | +€186 | +25.1% |
| Non-recurring operating charges | 66A | €525 | €16,351 | +€15,826 | +3,014% |
| Gross operating margin | 9900 | €95,711 | €82,248 | -€13,462 | -14.1% |
| Operating profit (loss) | 9901 | €66,765 | €37,811 | -€28,954 | -43.4% |
| Financial charges | 65/66B | €3,198 | €4,067 | +€869 | +27.2% |
| Recurring financial charges | 65 | €3,198 | €4,067 | +€869 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €63,567 | €33,744 | -€29,823 | -46.9% |
| Income taxes | 67/77 | €13,455 | €7,293 | -€6,162 | -45.8% |
| Profit (loss) for the period | 9904 | €50,113 | €26,451 | -€23,662 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,113 | €26,451 | -€23,662 | -47.2% |
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 15 October 2026 via checked.be.