PROVI'SAFE: 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.
PROVI'SAFE
Largest movements
- Current investments +€640,552
up €640,552 (+92.1%), from €695,835 to €1.3m
- Cash -€516,290
down €516,290 (-53.3%), from €968,610 to €452,321
mainly Current investments (-€640,552) and Contributions, distributions and other (-€63,000)
- Receivables within one year -€31,631
down €31,631 (-32.1%), from €98,561 to €66,930
of which Other amounts receivable: -€29,286
- Reserves +€44,100
up €44,100 (+7.5%), from €590,469 to €634,569
of which Distributable reserves: +€44,100
- Other operating charges -€202,108
down €202,108 (-97.8%), from €206,629 to €4,521
- Gross operating margin +€61,269
up €61,269 (+98.6%), from €62,110 to €123,379
- Taxes -€38,041
down €38,041 (-41.8%), from €91,022 to €52,981
- Financial income +€29,400
up €29,400 (+80.3%), from €36,624 to €66,023
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 | €2,365,173 | €2,438,099 | +€72,926 | +3.1% |
| Fixed assets | 21/28 | €600,758 | €578,361 | -€22,397 | -3.7% |
| Tangible fixed assets | 22/27 | €600,758 | €578,361 | -€22,397 | -3.7% |
| Land and buildings | 22 | €593,703 | €573,147 | -€20,555 | -3.5% |
| Plant, machinery and equipment | 23 | €1,500 | €2,721 | +€1,221 | +81.4% |
| Furniture and vehicles | 24 | €4,242 | €1,402 | -€2,840 | -66.9% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €1,314 | €1,090 | -€223 | -17.0% |
| Current assets | 29/58 | €1,764,415 | €1,859,738 | +€95,323 | +5.4% |
| Amounts receivable within one year | 40/41 | €98,561 | €66,930 | -€31,631 | -32.1% |
| Trade receivables | 40 | €27,062 | €24,717 | -€2,345 | -8.7% |
| Other amounts receivable | 41 | €71,499 | €42,213 | -€29,286 | -41.0% |
| Current investments | 50/53 | €695,835 | €1,336,387 | +€640,552 | +92.1% |
| Cash at bank and in hand | 54/58 | €968,610 | €452,321 | -€516,290 | -53.3% |
| Deferred charges and accrued income | 490/1 | €1,409 | €4,101 | +€2,692 | +191% |
| Total equity and liabilities | 10/49 | €2,365,173 | €2,438,099 | +€72,926 | +3.1% |
| Equity | 10/15 | €2,349,652 | €2,393,757 | +€44,105 | +1.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €590,469 | €634,569 | +€44,100 | +7.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €590,469 | €634,569 | +€44,100 | +7.5% |
| Profit (loss) carried forward | 14 | €1,740,592 | €1,740,596 | +€5 | 0.0% |
| Amounts payable | 17/49 | €15,521 | €44,342 | +€28,822 | +186% |
| Amounts payable within one year | 42/48 | €15,521 | €44,342 | +€28,822 | +186% |
| Trade debts | 44 | €1,466 | - | -€1,466 | |
| Suppliers | 440/4 | €1,466 | - | -€1,466 | |
| Taxes, remuneration and social security | 45 | €3,379 | €26,225 | +€22,845 | +676% |
| Taxes | 450/3 | €3,379 | €26,225 | +€22,845 | +676% |
| Other amounts payable | 47/48 | €10,675 | €18,118 | +€7,442 | +69.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,252 | €24,532 | -€720 | -2.9% |
| Other operating charges | 640/8 | €206,629 | €4,521 | -€202,108 | -97.8% |
| Gross operating margin | 9900 | €62,110 | €123,379 | +€61,269 | +98.6% |
| Operating profit (loss) | 9901 | -€169,771 | €94,326 | +€264,097 | |
| Financial income | 75/76B | €36,624 | €66,023 | +€29,400 | +80.3% |
| Recurring financial income | 75 | €36,624 | €66,023 | +€29,400 | +80.3% |
| Financial charges | 65/66B | €1,421 | €263 | -€1,158 | -81.5% |
| Recurring financial charges | 65 | €1,421 | €263 | -€1,158 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | -€134,568 | €160,086 | +€294,655 | |
| Income taxes | 67/77 | €91,022 | €52,981 | -€38,041 | -41.8% |
| Profit (loss) for the period | 9904 | -€225,591 | €107,105 | +€332,695 | |
| Transfer from tax-exempt reserves | 789 | €427,500 | - | -€427,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €201,909 | €107,105 | -€94,805 | -47.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.