PROVEGO: 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.
What changed
PROVEGO
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€122,942
2024 · €52,403+€70,538
Equity
€2.9m
2024 · €2.8m+€122,942
Cash
€480,809
2024 · €416,740+€64,069
Balance sheet total
€5.9m
2024 · €5.8m+€117,469
Largest movements
Assets
- Cash +€64,069
up €64,069 (+15.4%), from €416,740 to €480,809
mainly Net result for the year (+€122,942) and Depreciation (+€100,698)
Equity and liabilities
- Profit (loss) carried forward +€102,942
up €102,942, from -€102,871 to €71
Income statement
- Gross operating margin +€79,646
up €79,646 (+29.0%), from €274,291 to €353,937
- Financial charges +€12,577
up €12,577 (+13.8%), from €91,359 to €103,937
- Depreciation -€10,426
down €10,426 (-9.4%), from €111,123 to €100,698
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
€52,403
Gross operating margin
+€79,646
Depreciation
+€10,426
Write-downs
-€1,500
Other operating charges
-€3,115
Financial income
-€2,223
Financial charges
-€12,577
Taxes
-€118
Result 2025
€122,942
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.
From operations
+€141,000
Investment
-€65,613
Financing
-€11,318
Cash 2024
€416,740
From operations (derived)
+€141,000
Net result for the year
+€122,942
Depreciation
+€100,698
Receivables after one year
-€50,000
Receivables within one year
-€41,961
Deferred charges and accrued income
+€3,478
Trade debts
+€5,292
Tax, wage and social debts
-€1,935
Other debts
-€26
Accrued charges and deferred income
+€2,514
Investment (derived)
-€65,613
Investment in fixed assets (net)
-€65,613
Financing
-€11,318
Debts after one year
+€10,395
Current portion of long-term debt
-€21,713
Cash 2025
€480,809
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,805,703 | €5,923,172 | +€117,469 | +2.0% |
| Fixed assets | 21/28 | €5,257,013 | €5,221,929 | -€35,085 | -0.7% |
| Tangible fixed assets | 22/27 | €2,206,513 | €2,171,429 | -€35,085 | -1.6% |
| Land and buildings | 22 | €2,137,688 | €2,069,842 | -€67,846 | -3.2% |
| Plant, machinery and equipment | 23 | €9,830 | €8,461 | -€1,370 | -13.9% |
| Furniture and vehicles | 24 | €58,995 | €93,126 | +€34,132 | +57.9% |
| Financial fixed assets | 28 | €3,050,500 | €3,050,500 | = | 0.0% |
| Current assets | 29/58 | €548,690 | €701,243 | +€152,553 | +27.8% |
| Amounts receivable after more than one year | 29 | €95,450 | €145,450 | +€50,000 | +52.4% |
| Other amounts receivable | 291 | €95,450 | €145,450 | +€50,000 | +52.4% |
| Amounts receivable within one year | 40/41 | €23,327 | €65,289 | +€41,961 | +179.9% |
| Trade receivables | 40 | €8,656 | €53,479 | +€44,822 | +517.8% |
| Other amounts receivable | 41 | €14,671 | €11,810 | -€2,861 | -19.5% |
| Cash at bank and in hand | 54/58 | €416,740 | €480,809 | +€64,069 | +15.4% |
| Deferred charges and accrued income | 490/1 | €13,173 | €9,695 | -€3,478 | -26.4% |
| Total equity and liabilities | 10/49 | €5,805,703 | €5,923,172 | +€117,469 | +2.0% |
| Equity | 10/15 | €2,791,718 | €2,914,660 | +€122,942 | +4.4% |
| Contributions | 10/11 | €2,894,589 | €2,894,589 | = | 0.0% |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | -€102,871 | €71 | +€102,942 | |
| Amounts payable | 17/49 | €3,013,985 | €3,008,512 | -€5,473 | -0.2% |
| Amounts payable after more than one year | 17 | €2,426,420 | €2,436,815 | +€10,395 | +0.4% |
| Financial debts | 170/4 | €1,930,000 | €1,811,815 | -€118,185 | -6.1% |
| Other amounts payable | 178/9 | €496,419 | €625,000 | +€128,581 | +25.9% |
| Amounts payable within one year | 42/48 | €580,778 | €562,395 | -€18,383 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €158,667 | €136,953 | -€21,713 | -13.7% |
| Trade debts | 44 | €855 | €6,147 | +€5,292 | +619.0% |
| Suppliers | 440/4 | €855 | €6,147 | +€5,292 | +619.0% |
| Taxes, remuneration and social security | 45 | €6,465 | €4,530 | -€1,935 | -29.9% |
| Taxes | 450/3 | €6,465 | €4,530 | -€1,935 | -29.9% |
| Other amounts payable | 47/48 | €414,791 | €414,765 | -€26 | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,787 | €9,302 | +€2,514 | +37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,123 | €100,698 | -€10,426 | -9.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,500 | - | +€1,500 | |
| Other operating charges | 640/8 | €14,388 | €17,503 | +€3,115 | +21.7% |
| Gross operating margin | 9900 | €274,291 | €353,937 | +€79,646 | +29.0% |
| Operating profit (loss) | 9901 | €150,280 | €235,737 | +€85,457 | +56.9% |
| Financial income | 75/76B | €7,223 | €5,000 | -€2,223 | -30.8% |
| Recurring financial income | 75 | €7,223 | €5,000 | -€2,223 | -30.8% |
| Financial charges | 65/66B | €91,359 | €103,937 | +€12,577 | +13.8% |
| Recurring financial charges | 65 | €91,359 | €103,937 | +€12,577 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €66,143 | €136,799 | +€70,656 | +106.8% |
| Income taxes | 67/77 | €13,740 | €13,858 | +€118 | +0.9% |
| Profit (loss) for the period | 9904 | €52,403 | €122,942 | +€70,538 | +134.6% |
| Profit (loss) for the period to be appropriated | 9905 | €52,403 | €122,942 | +€70,538 | +134.6% |
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 1 October 2026 via checked.be.