PROVICO: 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.
PROVICO
Largest movements
- Cash -€151,931
down €151,931 (-99.4%), from €152,919 to €987
mainly Short-term financial debts (-€219,000) and Trade debts (-€58,932)
- Short-term financial debts -€219,000
down €219,000 (-37.5%), from €584,000 to €365,000
- Other debts +€105,750
up €105,750 (+98.8%), from €107,074 to €212,824
- Trade debts -€58,932
down €58,932 (-48.4%), from €121,807 to €62,875
- Gross operating margin -€62,030
down €62,030, from €57,012 to -€5,018
- Financial income +€59,999
up €59,999 (+5999900.0%), from €1 to €60,000
of which Non-recurring financial income: +€60,000
- Financial charges -€12,277
down €12,277 (-31.0%), from €39,597 to €27,320
of which Financial charges: -€22,027
- Other operating charges +€3,954
up €3,954 (+38.5%), from €10,279 to €14,233
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 | €1,390,690 | €1,231,938 | -€158,752 | -11.4% |
| Current assets | 29/58 | €1,390,690 | €1,231,938 | -€158,752 | -11.4% |
| Stocks and contracts in progress | 3 | €1,074,216 | €1,074,216 | = | 0.0% |
| Stocks | 30/36 | €1,074,216 | €1,074,216 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €163,556 | €156,735 | -€6,821 | -4.2% |
| Other amounts receivable | 41 | €163,556 | €156,735 | -€6,821 | -4.2% |
| Cash at bank and in hand | 54/58 | €152,919 | €987 | -€151,931 | -99.4% |
| Total equity and liabilities | 10/49 | €1,390,690 | €1,231,938 | -€158,752 | -11.4% |
| Equity | 10/15 | €264,809 | €277,717 | +€12,908 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €246,209 | €259,117 | +€12,908 | +5.2% |
| 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 | €244,349 | €257,257 | +€12,908 | +5.3% |
| Amounts payable | 17/49 | €1,125,881 | €954,221 | -€171,660 | -15.2% |
| Amounts payable after more than one year | 17 | €313,000 | €313,000 | = | 0.0% |
| Financial debts | 170/4 | €313,000 | €313,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €812,881 | €641,221 | -€171,660 | -21.1% |
| Financial debts | 43 | €584,000 | €365,000 | -€219,000 | -37.5% |
| Credit institutions | 430/8 | €584,000 | €365,000 | -€219,000 | -37.5% |
| Trade debts | 44 | €121,807 | €62,875 | -€58,932 | -48.4% |
| Suppliers | 440/4 | €121,807 | €62,875 | -€58,932 | -48.4% |
| Taxes, remuneration and social security | 45 | - | €522 | +€522 | |
| Taxes | 450/3 | - | €522 | +€522 | |
| Other amounts payable | 47/48 | €107,074 | €212,824 | +€105,750 | +98.8% |
| Other operating charges | 640/8 | €10,279 | €14,233 | +€3,954 | +38.5% |
| Gross operating margin | 9900 | €57,012 | -€5,018 | -€62,030 | |
| Operating profit (loss) | 9901 | €46,733 | -€19,251 | -€65,984 | |
| Financial income | 75/76B | €1 | €60,000 | +€59,999 | +5999900.0% |
| Recurring financial income | 75 | €1 | €60,000 | +€59,999 | +5999900.0% |
| Non-recurring financial income | 76B | - | €60,000 | +€60,000 | |
| Financial charges | 65/66B | €39,597 | €27,320 | -€12,277 | -31.0% |
| Recurring financial charges | 65 | €39,597 | €17,570 | -€22,027 | -55.6% |
| Non-recurring financial charges | 66B | - | €9,750 | +€9,750 | |
| Profit (loss) for the period before taxes | 9903 | €7,137 | €13,430 | +€6,292 | +88.2% |
| Income taxes | 67/77 | €9 | €522 | +€514 | +6020.5% |
| Profit (loss) for the period | 9904 | €7,129 | €12,908 | +€5,779 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,129 | €12,908 | +€5,779 | +81.1% |
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 10 October 2026 via checked.be.