PROVENT: 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.
PROVENT
Largest movements
- Cash -€132,371
down €132,371 (-52.9%), from €250,280 to €117,909
mainly Investment in fixed assets (net) (-€104,931) and Tax, wage and social debts (-€102,220)
- Tangible fixed assets +€87,892
up €87,892 (+108%), from €81,520 to €169,411
of which Leasing and similar rights: +€94,702
- Receivables within one year -€36,563
down €36,563 (-56.3%), from €64,988 to €28,425
of which Other amounts receivable: -€27,650
- Financial fixed assets -€9,000
down €9,000 (-10.8%), from €83,250 to €74,250
- Tax, wage and social debts -€102,220
down €102,220 (-71.7%), from €142,646 to €40,426
- Reserves -€61,737
down €61,737 (-23.2%), from €266,622 to €204,885
of which Distributable reserves: -€61,737
- Debts after one year +€57,168
up €57,168 (+81.3%), from €70,352 to €127,520
- Current portion of long-term debt +€18,530
up €18,530 (+93.5%), from €19,808 to €38,338
- Financial charges +€66,760
up €66,760 (+2,736%), from €2,440 to €69,200
- Gross operating margin +€28,895
up €28,895 (+24.7%), from €116,837 to €145,732
- Depreciation +€14,202
up €14,202 (+120%), from €11,837 to €26,039
- Taxes -€10,636
down €10,636 (-32.6%), from €32,672 to €22,037
- Other operating charges +€2,735
up €2,735 (+124%), from €2,201 to €4,936
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 | €502,515 | €414,877 | -€87,638 | -17.4% |
| Fixed assets | 21/28 | €164,770 | €243,661 | +€78,892 | +47.9% |
| Tangible fixed assets | 22/27 | €81,520 | €169,411 | +€87,892 | +108% |
| Land and buildings | 22 | €65,221 | €57,480 | -€7,740 | -11.9% |
| Plant, machinery and equipment | 23 | €7,155 | €7,246 | +€91 | +1.3% |
| Furniture and vehicles | 24 | €2,766 | €4,522 | +€1,755 | +63.4% |
| Leasing and similar rights | 25 | - | €94,702 | +€94,702 | |
| Other tangible fixed assets | 26 | €6,377 | €5,461 | -€916 | -14.4% |
| Financial fixed assets | 28 | €83,250 | €74,250 | -€9,000 | -10.8% |
| Current assets | 29/58 | €337,745 | €171,216 | -€166,529 | -49.3% |
| Amounts receivable within one year | 40/41 | €64,988 | €28,425 | -€36,563 | -56.3% |
| Trade receivables | 40 | €30,840 | €21,928 | -€8,913 | -28.9% |
| Other amounts receivable | 41 | €34,147 | €6,497 | -€27,650 | -81.0% |
| Cash at bank and in hand | 54/58 | €250,280 | €117,909 | -€132,371 | -52.9% |
| Deferred charges and accrued income | 490/1 | €22,477 | €24,882 | +€2,404 | +10.7% |
| Total equity and liabilities | 10/49 | €502,515 | €414,877 | -€87,638 | -17.4% |
| Equity | 10/15 | €267,122 | €205,385 | -€61,737 | -23.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €266,622 | €204,885 | -€61,737 | -23.2% |
| Tax-exempt reserves | 132 | €16,303 | €16,303 | = | 0.0% |
| Distributable reserves | 133 | €250,319 | €188,582 | -€61,737 | -24.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €235,393 | €209,492 | -€25,901 | -11.0% |
| Amounts payable after more than one year | 17 | €70,352 | €127,520 | +€57,168 | +81.3% |
| Financial debts | 170/4 | €70,352 | €127,520 | +€57,168 | +81.3% |
| Amounts payable within one year | 42/48 | €165,041 | €81,973 | -€83,068 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €19,808 | €38,338 | +€18,530 | +93.5% |
| Trade debts | 44 | €2,587 | €3,209 | +€622 | +24.0% |
| Suppliers | 440/4 | €2,587 | €3,209 | +€622 | +24.0% |
| Taxes, remuneration and social security | 45 | €142,646 | €40,426 | -€102,220 | -71.7% |
| Taxes | 450/3 | €142,646 | €40,426 | -€102,220 | -71.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,837 | €26,039 | +€14,202 | +120% |
| Other operating charges | 640/8 | €2,201 | €4,936 | +€2,735 | +124% |
| Gross operating margin | 9900 | €116,837 | €145,732 | +€28,895 | +24.7% |
| Operating profit (loss) | 9901 | €102,799 | €114,757 | +€11,957 | +11.6% |
| Financial income | 75/76B | €423 | €1,391 | +€967 | +228% |
| Recurring financial income | 75 | €423 | €1,391 | +€967 | +228% |
| Financial charges | 65/66B | €2,440 | €69,200 | +€66,760 | +2,736% |
| Recurring financial charges | 65 | €2,440 | €69,200 | +€66,760 | +2,736% |
| Profit (loss) for the period before taxes | 9903 | €100,782 | €46,947 | -€53,835 | -53.4% |
| Income taxes | 67/77 | €32,672 | €22,037 | -€10,636 | -32.6% |
| Profit (loss) for the period | 9904 | €68,110 | €24,910 | -€43,200 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,110 | €24,910 | -€43,200 | -63.4% |
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 31 October 2026 via checked.be.