PROVIDENS: 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.
PROVIDENS
Largest movements
- Cash +€36,205
up €36,205 (+31.9%), from €113,407 to €149,612
mainly Depreciation (+€49,669) and Net result for the year (+€41,675)
- Receivables within one year -€17,266
down €17,266 (-11.0%), from €157,031 to €139,766
of which Trade receivables: -€9,216
- Tangible fixed assets -€12,267
down €12,267 (-2.9%), from €422,770 to €410,503
of which Land and buildings: -€27,516
- Reserves +€41,675
up €41,675 (+49.4%), from €84,301 to €125,976
- Trade debts -€35,313
down €35,313 (-87.6%), from €40,295 to €4,982
- Debts after one year -€11,234
down €11,234 (-5.9%), from €191,209 to €179,975
- Current portion of long-term debt +€8,520
up €8,520 (+19.0%), from €44,894 to €53,414
- Gross operating margin +€77,207
up €77,207 (+27.9%), from €276,745 to €353,952
- Taxes +€17,966
up €17,966, from -€551 to €17,415
- Staff costs +€6,771
up €6,771 (+3.0%), from €226,057 to €232,829
- Depreciation +€6,460
up €6,460 (+15.0%), from €43,209 to €49,669
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 | €728,738 | €735,866 | +€7,129 | +1.0% |
| Fixed assets | 21/28 | €422,770 | €410,503 | -€12,267 | -2.9% |
| Tangible fixed assets | 22/27 | €422,770 | €410,503 | -€12,267 | -2.9% |
| Land and buildings | 22 | €344,627 | €317,111 | -€27,516 | -8.0% |
| Plant, machinery and equipment | 23 | €47,415 | €36,616 | -€10,799 | -22.8% |
| Furniture and vehicles | 24 | - | €34,432 | +€34,432 | |
| Other tangible fixed assets | 26 | €30,727 | €22,344 | -€8,383 | -27.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €305,968 | €325,363 | +€19,395 | +6.3% |
| Amounts receivable after more than one year | 29 | €29,145 | €29,145 | = | 0.0% |
| Other amounts receivable | 291 | €29,145 | €29,145 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €157,031 | €139,766 | -€17,266 | -11.0% |
| Trade receivables | 40 | €146,732 | €137,516 | -€9,216 | -6.3% |
| Other amounts receivable | 41 | €10,299 | €2,250 | -€8,049 | -78.2% |
| Cash at bank and in hand | 54/58 | €113,407 | €149,612 | +€36,205 | +31.9% |
| Deferred charges and accrued income | 490/1 | €6,385 | €6,841 | +€456 | +7.1% |
| Total equity and liabilities | 10/49 | €728,738 | €735,866 | +€7,129 | +1.0% |
| Equity | 10/15 | €400,222 | €441,897 | +€41,675 | +10.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €84,301 | €125,976 | +€41,675 | +49.4% |
| Distributable reserves | 133 | €84,301 | €125,976 | +€41,675 | +49.4% |
| Profit (loss) carried forward | 14 | €295,461 | €295,461 | = | 0.0% |
| Amounts payable | 17/49 | €328,516 | €293,969 | -€34,547 | -10.5% |
| Amounts payable after more than one year | 17 | €191,209 | €179,975 | -€11,234 | -5.9% |
| Financial debts | 170/4 | €191,209 | €179,975 | -€11,234 | -5.9% |
| Amounts payable within one year | 42/48 | €137,255 | €113,872 | -€23,384 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €44,894 | €53,414 | +€8,520 | +19.0% |
| Financial debts | 43 | €1,413 | €2,166 | +€753 | +53.3% |
| Credit institutions | 430/8 | €1,413 | €2,166 | +€753 | +53.3% |
| Trade debts | 44 | €40,295 | €4,982 | -€35,313 | -87.6% |
| Suppliers | 440/4 | €40,295 | €4,982 | -€35,313 | -87.6% |
| Taxes, remuneration and social security | 45 | €35,581 | €39,198 | +€3,616 | +10.2% |
| Taxes | 450/3 | €9,067 | €8,967 | -€100 | -1.1% |
| Remuneration and social security | 454/9 | €26,514 | €30,231 | +€3,716 | +14.0% |
| Other amounts payable | 47/48 | €15,072 | €14,112 | -€960 | -6.4% |
| Accrued charges and deferred income | 492/3 | €51 | €123 | +€71 | +139.4% |
| Remuneration, social security and pensions | 62 | €226,057 | €232,829 | +€6,771 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,209 | €49,669 | +€6,460 | +15.0% |
| Other operating charges | 640/8 | €3,654 | €2,061 | -€1,593 | -43.6% |
| Gross operating margin | 9900 | €276,745 | €353,952 | +€77,207 | +27.9% |
| Operating profit (loss) | 9901 | €3,825 | €69,394 | +€65,568 | +1714.0% |
| Financial income | 75/76B | €1,025 | €916 | -€110 | -10.7% |
| Recurring financial income | 75 | €1,025 | €916 | -€110 | -10.7% |
| Financial charges | 65/66B | €8,005 | €11,219 | +€3,215 | +40.2% |
| Recurring financial charges | 65 | €8,005 | €11,219 | +€3,215 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,154 | €59,090 | +€62,244 | |
| Income taxes | 67/77 | -€551 | €17,415 | +€17,966 | |
| Profit (loss) for the period | 9904 | -€2,603 | €41,675 | +€44,278 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,603 | €41,675 | +€44,278 |
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.