Provépi: 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.
Provépi
Largest movements
- Stocks and contracts -€170,187
down €170,187 (-19.6%), from €867,560 to €697,373
of which Stocks: -€308,449
- Tangible fixed assets -€13,910
down €13,910 (-3.1%), from €454,640 to €440,730
of which Land and buildings: -€12,338
- Current portion of long-term debt -€557,404
down €557,404 (-80.8%), from €690,000 to €132,596
- Debts after one year +€209,904
new in 2025: €209,904
- Other debts +€160,024
up €160,024 (+25.2%), from €635,274 to €795,298
- Trade debts -€46,141
down €46,141 (-59.4%), from €77,692 to €31,551
- Profit (loss) carried forward +€43,073
up €43,073 (+58.2%), from -€74,016 to -€30,943
- Gross operating margin +€93,178
up €93,178, from -€3,825 to €89,352
- Other operating charges -€4,665
down €4,665 (-62.7%), from €7,442 to €2,777
- Financial charges -€1,539
down €1,539 (-5.0%), from €30,760 to €29,221
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,333,028 | €1,163,300 | -€169,727 | -12.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €454,640 | €440,730 | -€13,910 | -3.1% |
| Tangible fixed assets | 22/27 | €454,640 | €440,730 | -€13,910 | -3.1% |
| Land and buildings | 22 | €441,142 | €428,804 | -€12,338 | -2.8% |
| Plant, machinery and equipment | 23 | €12,887 | €11,308 | -€1,579 | -12.3% |
| Furniture and vehicles | 24 | €610 | €617 | +€7 | +1.2% |
| Current assets | 29/58 | €878,388 | €722,571 | -€155,817 | -17.7% |
| Stocks and contracts in progress | 3 | €867,560 | €697,373 | -€170,187 | -19.6% |
| Stocks | 30/36 | €867,560 | €559,111 | -€308,449 | -35.6% |
| Contracts in progress | 37 | - | €138,262 | +€138,262 | |
| Amounts receivable within one year | 40/41 | €5,042 | €10,840 | +€5,798 | +115.0% |
| Trade receivables | 40 | €5,042 | €10,839 | +€5,796 | +115.0% |
| Other amounts receivable | 41 | €0 | €2 | +€2 | |
| Cash at bank and in hand | 54/58 | €4,644 | €13,471 | +€8,827 | +190.1% |
| Deferred charges and accrued income | 490/1 | €1,142 | €886 | -€256 | -22.4% |
| Total equity and liabilities | 10/49 | €1,333,028 | €1,163,300 | -€169,727 | -12.7% |
| Equity | 10/15 | -€71,016 | -€27,943 | +€43,073 | +60.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,016 | -€30,943 | +€43,073 | +58.2% |
| Amounts payable | 17/49 | €1,404,044 | €1,191,244 | -€212,801 | -15.2% |
| Amounts payable after more than one year | 17 | - | €209,904 | +€209,904 | |
| Financial debts | 170/4 | - | €209,904 | +€209,904 | |
| Amounts payable within one year | 42/48 | €1,403,284 | €978,936 | -€424,348 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €690,000 | €132,596 | -€557,404 | -80.8% |
| Trade debts | 44 | €77,692 | €31,551 | -€46,141 | -59.4% |
| Suppliers | 440/4 | €77,692 | €31,551 | -€46,141 | -59.4% |
| Taxes, remuneration and social security | 45 | €318 | €19,490 | +€19,172 | +6031.7% |
| Taxes | 450/3 | €318 | €19,490 | +€19,172 | +6031.7% |
| Other amounts payable | 47/48 | €635,274 | €795,298 | +€160,024 | +25.2% |
| Accrued charges and deferred income | 492/3 | €760 | €2,404 | +€1,644 | +216.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,999 | €14,281 | -€718 | -4.8% |
| Other operating charges | 640/8 | €7,442 | €2,777 | -€4,665 | -62.7% |
| Gross operating margin | 9900 | -€3,825 | €89,352 | +€93,178 | |
| Operating profit (loss) | 9901 | -€26,267 | €72,294 | +€98,561 | |
| Financial income | 75/76B | €20 | €0 | -€20 | -100.0% |
| Recurring financial income | 75 | €20 | €0 | -€20 | -100.0% |
| Financial charges | 65/66B | €30,760 | €29,221 | -€1,539 | -5.0% |
| Recurring financial charges | 65 | €30,760 | €29,221 | -€1,539 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€57,006 | €43,073 | +€100,079 | |
| Profit (loss) for the period | 9904 | -€57,006 | €43,073 | +€100,079 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,006 | €43,073 | +€100,079 |
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 29 September 2026 via checked.be.