PROVELD: 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.
PROVELD
Largest movements
- Tangible fixed assets -€25,664
down €25,664 (-47.8%), from €53,656 to €27,992
- Cash +€23,376
up €23,376 (+331.3%), from €7,055 to €30,431
mainly Depreciation (+€25,664) and Trade debts (+€23,169)
- Receivables within one year +€22,872
up €22,872 (+11.0%), from €208,403 to €231,275
of which Other amounts receivable: +€11,580
- Trade debts +€23,169
up €23,169 (+42.8%), from €54,173 to €77,342
- Accrued charges and deferred income -€18,000
down €18,000 (-50.0%), from €36,000 to €18,000
- Reserves +€10,000
up €10,000 (+537.6%), from €1,860 to €11,860
of which Distributable reserves: +€10,000
- Tax, wage and social debts +€4,697
up €4,697 (+28.8%), from €16,327 to €21,024
of which Taxes: +€4,697
- Gross operating margin -€48,579
down €48,579 (-58.7%), from €82,806 to €34,227
- Taxes -€11,630
down €11,630 (-71.2%), from €16,327 to €4,697
- Financial income +€4,602
up €4,602 (+121.2%), from €3,797 to €8,399
- Depreciation +€2,320
up €2,320 (+9.9%), from €23,344 to €25,664
- Other operating charges -€1,125
down €1,125 (-54.4%), from €2,069 to €944
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €269,114 | €289,698 | +€20,584 | +7.6% |
| Fixed assets | 21/28 | €53,656 | €27,992 | -€25,664 | -47.8% |
| Tangible fixed assets | 22/27 | €53,656 | €27,992 | -€25,664 | -47.8% |
| Furniture and vehicles | 24 | €53,656 | €27,992 | -€25,664 | -47.8% |
| Current assets | 29/58 | €215,458 | €261,706 | +€46,249 | +21.5% |
| Amounts receivable within one year | 40/41 | €208,403 | €231,275 | +€22,872 | +11.0% |
| Trade receivables | 40 | €63,375 | €74,668 | +€11,293 | +17.8% |
| Other amounts receivable | 41 | €145,028 | €156,607 | +€11,580 | +8.0% |
| Cash at bank and in hand | 54/58 | €7,055 | €30,431 | +€23,376 | +331.3% |
| Total equity and liabilities | 10/49 | €269,114 | €289,698 | +€20,584 | +7.6% |
| Equity | 10/15 | €162,614 | €173,333 | +€10,718 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €11,860 | +€10,000 | +537.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €142,154 | €142,873 | +€718 | +0.5% |
| Amounts payable | 17/49 | €106,499 | €116,366 | +€9,866 | +9.3% |
| Amounts payable within one year | 42/48 | €70,499 | €98,366 | +€27,866 | +39.5% |
| Trade debts | 44 | €54,173 | €77,342 | +€23,169 | +42.8% |
| Suppliers | 440/4 | €54,173 | €77,342 | +€23,169 | +42.8% |
| Taxes, remuneration and social security | 45 | €16,327 | €21,024 | +€4,697 | +28.8% |
| Taxes | 450/3 | €16,327 | €21,024 | +€4,697 | +28.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €36,000 | €18,000 | -€18,000 | -50.0% |
| Non-recurring operating income | 76A | €24,793 | €0 | -€24,793 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,344 | €25,664 | +€2,320 | +9.9% |
| Other operating charges | 640/8 | €2,069 | €944 | -€1,125 | -54.4% |
| Gross operating margin | 9900 | €82,806 | €34,227 | -€48,579 | -58.7% |
| Operating profit (loss) | 9901 | €57,394 | €7,619 | -€49,774 | -86.7% |
| Financial income | 75/76B | €3,797 | €8,399 | +€4,602 | +121.2% |
| Recurring financial income | 75 | €3,797 | €8,399 | +€4,602 | +121.2% |
| Financial charges | 65/66B | €138 | €603 | +€465 | +337.1% |
| Recurring financial charges | 65 | €138 | €603 | +€465 | +337.1% |
| Profit (loss) for the period before taxes | 9903 | €61,053 | €15,415 | -€45,637 | -74.8% |
| Income taxes | 67/77 | €16,327 | €4,697 | -€11,630 | -71.2% |
| Profit (loss) for the period | 9904 | €44,726 | €10,718 | -€34,008 | -76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,726 | €10,718 | -€34,008 | -76.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.