PROVERBE: 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.
PROVERBE
Largest movements
- Cash -€66,464
down €66,464 (-41.0%), from €161,987 to €95,523
mainly Net result for the year (-€61,924) and Trade debts (-€36,410)
- Receivables within one year -€22,101
down €22,101 (-39.6%), from €55,817 to €33,716
of which Other amounts receivable: -€12,091
- Deferred charges and accrued income -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Profit (loss) carried forward -€55,674
new in 2025: -€55,674
- Trade debts -€36,410
down €36,410 (-75.4%), from €48,266 to €11,856
- Debts after one year -€11,000
down €11,000 (-100.0%), from €11,000 to €0
- Other debts +€10,419
up €10,419 (+1317.6%), from €791 to €11,210
- Reserves -€6,250
down €6,250 (-16.7%), from €37,330 to €31,080
- Gross operating margin -€65,142
down €65,142, from €6,323 to -€58,819
- Financial charges -€2,470
down €2,470 (-61.9%), from €3,990 to €1,520
- Taxes -€1,216
down €1,216 (-100.0%), from €1,216 to €0
- Other operating charges +€613
up €613 (+114.5%), from €535 to €1,148
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 | €242,959 | €143,957 | -€99,002 | -40.7% |
| Fixed assets | 21/28 | €15,155 | €14,718 | -€437 | -2.9% |
| Tangible fixed assets | 22/27 | €15,155 | €14,718 | -€437 | -2.9% |
| Furniture and vehicles | 24 | €842 | €405 | -€437 | -51.9% |
| Assets under construction and advance payments | 27 | €14,313 | €14,313 | = | 0.0% |
| Current assets | 29/58 | €227,804 | €129,239 | -€98,565 | -43.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €55,817 | €33,716 | -€22,101 | -39.6% |
| Trade receivables | 40 | €42,000 | €31,990 | -€10,010 | -23.8% |
| Other amounts receivable | 41 | €13,817 | €1,726 | -€12,091 | -87.5% |
| Cash at bank and in hand | 54/58 | €161,987 | €95,523 | -€66,464 | -41.0% |
| Deferred charges and accrued income | 490/1 | €10,000 | €0 | -€10,000 | -100.0% |
| Total equity and liabilities | 10/49 | €242,959 | €143,957 | -€99,002 | -40.7% |
| Equity | 10/15 | €180,955 | €119,031 | -€61,924 | -34.2% |
| Contributions | 10/11 | €143,625 | €143,625 | = | 0.0% |
| Reserves | 13 | €37,330 | €31,080 | -€6,250 | -16.7% |
| Distributable reserves | 133 | €37,330 | €31,080 | -€6,250 | -16.7% |
| Profit (loss) carried forward | 14 | - | -€55,674 | -€55,674 | |
| Amounts payable | 17/49 | €62,004 | €24,926 | -€37,078 | -59.8% |
| Amounts payable after more than one year | 17 | €11,000 | €0 | -€11,000 | -100.0% |
| Financial debts | 170/4 | €11,000 | €0 | -€11,000 | -100.0% |
| Amounts payable within one year | 42/48 | €50,509 | €24,282 | -€26,227 | -51.9% |
| Trade debts | 44 | €48,266 | €11,856 | -€36,410 | -75.4% |
| Suppliers | 440/4 | €48,266 | €11,856 | -€36,410 | -75.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,453 | €1,216 | -€237 | -16.3% |
| Taxes | 450/3 | €1,453 | €1,216 | -€237 | -16.3% |
| Other amounts payable | 47/48 | €791 | €11,210 | +€10,419 | +1317.6% |
| Accrued charges and deferred income | 492/3 | €495 | €644 | +€149 | +30.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437 | €437 | -€0 | 0.0% |
| Other operating charges | 640/8 | €535 | €1,148 | +€613 | +114.5% |
| Gross operating margin | 9900 | €6,323 | -€58,819 | -€65,142 | |
| Operating profit (loss) | 9901 | €5,351 | -€60,404 | -€65,755 | |
| Financial income | 75/76B | €125 | €0 | -€125 | -100.0% |
| Recurring financial income | 75 | €125 | €0 | -€125 | -100.0% |
| Financial charges | 65/66B | €3,990 | €1,520 | -€2,470 | -61.9% |
| Recurring financial charges | 65 | €3,990 | €1,520 | -€2,470 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €1,486 | -€61,924 | -€63,410 | |
| Income taxes | 67/77 | €1,216 | €0 | -€1,216 | -100.0% |
| Profit (loss) for the period | 9904 | €270 | -€61,924 | -€62,194 | |
| Profit (loss) for the period to be appropriated | 9905 | €270 | -€61,924 | -€62,194 |
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 9 October 2026 via checked.be.