Provecta: 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.
Provecta
Largest movements
- Tangible fixed assets +€288,647
up €288,647 (+91.4%), from €315,899 to €604,546
of which Plant, machinery and equipment: +€235,138
- Receivables within one year +€20,148
up €20,148 (+26.6%), from €75,834 to €95,982
of which Other amounts receivable: +€29,094
- Cash +€19,080
up €19,080 (+144%), from €13,232 to €32,312
mainly Trade debts (+€117,766) and Depreciation (+€112,840)
- Stocks and contracts +€13,351
up €13,351 (+25.1%), from €53,220 to €66,571
of which Stocks: +€36,851
- Deferred charges and accrued income +€9,785
up €9,785 (+802%), from €1,219 to €11,005
- Trade debts +€117,766
up €117,766 (+201%), from €58,568 to €176,334
- Debts after one year +€106,835
up €106,835 (+34.8%), from €306,937 to €413,771
- Contributions +€48,000
up €48,000 (+160%), from €30,000 to €78,000
- Profit (loss) carried forward +€45,780
up €45,780, from -€45,030 to €749
- Current portion of long-term debt +€21,689
up €21,689 (+40.9%), from €53,037 to €74,726
- Gross operating margin +€212,741
up €212,741 (+142%), from €149,330 to €362,071
- Staff costs +€122,702
up €122,702 (+206%), from €59,483 to €182,185
- Depreciation +€37,090
up €37,090 (+49.0%), from €75,750 to €112,840
- Financial charges +€5,406
up €5,406 (+53.8%), from €10,051 to €15,457
- Other operating charges +€4,554
up €4,554 (+1,149%), from €396 to €4,950
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 | €467,026 | €814,022 | +€346,995 | +74.3% |
| Fixed assets | 21/28 | €323,520 | €608,152 | +€284,632 | +88.0% |
| Intangible fixed assets | 21 | €4,121 | €3,606 | -€515 | -12.5% |
| Tangible fixed assets | 22/27 | €315,899 | €604,546 | +€288,647 | +91.4% |
| Plant, machinery and equipment | 23 | €314,555 | €549,693 | +€235,138 | +74.8% |
| Furniture and vehicles | 24 | €1,345 | €35,364 | +€34,020 | +2,530% |
| Other tangible fixed assets | 26 | - | €19,490 | +€19,490 | |
| Financial fixed assets | 28 | €3,500 | €0 | -€3,500 | -100% |
| Current assets | 29/58 | €143,506 | €205,870 | +€62,364 | +43.5% |
| Stocks and contracts in progress | 3 | €53,220 | €66,571 | +€13,351 | +25.1% |
| Stocks | 30/36 | €28,220 | €65,071 | +€36,851 | +131% |
| Contracts in progress | 37 | €25,000 | €1,500 | -€23,500 | -94.0% |
| Amounts receivable within one year | 40/41 | €75,834 | €95,982 | +€20,148 | +26.6% |
| Trade receivables | 40 | €75,834 | €66,888 | -€8,946 | -11.8% |
| Other amounts receivable | 41 | €0 | €29,094 | +€29,094 | |
| Cash at bank and in hand | 54/58 | €13,232 | €32,312 | +€19,080 | +144% |
| Deferred charges and accrued income | 490/1 | €1,219 | €11,005 | +€9,785 | +802% |
| Total equity and liabilities | 10/49 | €467,026 | €814,022 | +€346,995 | +74.3% |
| Equity | 10/15 | -€15,030 | €78,749 | +€93,780 | |
| Contributions | 10/11 | €30,000 | €78,000 | +€48,000 | +160% |
| Profit (loss) carried forward | 14 | -€45,030 | €749 | +€45,780 | |
| Amounts payable | 17/49 | €482,057 | €735,273 | +€253,216 | +52.5% |
| Amounts payable after more than one year | 17 | €306,937 | €413,771 | +€106,835 | +34.8% |
| Financial debts | 170/4 | €306,937 | €413,771 | +€106,835 | +34.8% |
| Amounts payable within one year | 42/48 | €175,035 | €321,501 | +€146,466 | +83.7% |
| Current portion of amounts payable after more than one year | 42 | €53,037 | €74,726 | +€21,689 | +40.9% |
| Financial debts | 43 | €1,677 | €0 | -€1,677 | -100% |
| Credit institutions | 430/8 | €1,677 | €0 | -€1,677 | -100% |
| Trade debts | 44 | €58,568 | €176,334 | +€117,766 | +201% |
| Suppliers | 440/4 | €58,568 | €176,334 | +€117,766 | +201% |
| Taxes, remuneration and social security | 45 | €14,358 | €22,465 | +€8,108 | +56.5% |
| Taxes | 450/3 | €7,537 | €4,372 | -€3,165 | -42.0% |
| Remuneration and social security | 454/9 | €6,821 | €18,093 | +€11,272 | +165% |
| Other amounts payable | 47/48 | €47,396 | €47,977 | +€581 | +1.2% |
| Accrued charges and deferred income | 492/3 | €85 | €0 | -€85 | -100% |
| Non-recurring operating income | 76A | - | €520,000 | +€520,000 | |
| Remuneration, social security and pensions | 62 | €59,483 | €182,185 | +€122,702 | +206% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,750 | €112,840 | +€37,090 | +49.0% |
| Other operating charges | 640/8 | €396 | €4,950 | +€4,554 | +1,149% |
| Non-recurring operating charges | 66A | - | €800 | +€800 | |
| Gross operating margin | 9900 | €149,330 | €362,071 | +€212,741 | +142% |
| Operating profit (loss) | 9901 | €13,701 | €61,296 | +€47,595 | +347% |
| Financial income | 75/76B | €52 | €338 | +€286 | +555% |
| Recurring financial income | 75 | €52 | €338 | +€286 | +555% |
| Financial charges | 65/66B | €10,051 | €15,457 | +€5,406 | +53.8% |
| Recurring financial charges | 65 | €10,051 | €15,457 | +€5,406 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €3,702 | €46,177 | +€42,475 | +1,147% |
| Income taxes | 67/77 | €75 | €397 | +€322 | +429% |
| Profit (loss) for the period | 9904 | €3,626 | €45,780 | +€42,153 | +1,162% |
| Profit (loss) for the period to be appropriated | 9905 | €3,626 | €45,780 | +€42,153 | +1,162% |
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 18 October 2026 via checked.be.