Providentia: 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.
Providentia
Largest movements
- Current investments -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Cash +€481,506
up €481,506 (+26.3%), from €1.8m to €2.3m
mainly Current investments (+€1.0m) and Stocks and contracts (+€103,527)
- Stocks and contracts -€103,527
down €103,527 (-12.1%), from €853,911 to €750,384
- Reserves -€663,113
down €663,113 (-16.7%), from €4.0m to €3.3m
- Gross operating margin -€1.3m
down €1.3m (-41.9%), from €3.0m to €1.7m
- Other operating charges +€482,516
up €482,516 (+35.0%), from €1.4m to €1.9m
- Staff costs -€34,840
down €34,840 (-6.8%), from €514,771 to €479,931
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 | €4,508,144 | €3,836,306 | -€671,839 | -14.9% |
| Fixed assets | 21/28 | €605,498 | €570,012 | -€35,486 | -5.9% |
| Tangible fixed assets | 22/27 | €605,498 | €570,012 | -€35,486 | -5.9% |
| Land and buildings | 22 | €571,662 | €535,180 | -€36,482 | -6.4% |
| Plant, machinery and equipment | 23 | €16,891 | €21,279 | +€4,388 | +26.0% |
| Furniture and vehicles | 24 | €16,945 | €13,553 | -€3,392 | -20.0% |
| Current assets | 29/58 | €3,902,647 | €3,266,294 | -€636,353 | -16.3% |
| Stocks and contracts in progress | 3 | €853,911 | €750,384 | -€103,527 | -12.1% |
| Stocks | 30/36 | €853,911 | €750,384 | -€103,527 | -12.1% |
| Amounts receivable within one year | 40/41 | €18,101 | €8,249 | -€9,852 | -54.4% |
| Trade receivables | 40 | - | €960 | +€960 | |
| Other amounts receivable | 41 | €18,101 | €7,289 | -€10,812 | -59.7% |
| Current investments | 50/53 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €1,831,276 | €2,312,782 | +€481,506 | +26.3% |
| Deferred charges and accrued income | 490/1 | €199,358 | €194,879 | -€4,479 | -2.2% |
| Total equity and liabilities | 10/49 | €4,508,144 | €3,836,306 | -€671,839 | -14.9% |
| Equity | 10/15 | €4,465,208 | €3,802,095 | -€663,113 | -14.9% |
| Contributions | 10/11 | €495,222 | €495,222 | = | 0.0% |
| Capital | 10 | €495,222 | €495,222 | = | 0.0% |
| Reserves | 13 | €3,969,986 | €3,306,873 | -€663,113 | -16.7% |
| Amounts payable | 17/49 | €42,936 | €34,211 | -€8,725 | -20.3% |
| Amounts payable within one year | 42/48 | €42,936 | €33,957 | -€8,979 | -20.9% |
| Trade debts | 44 | €34,892 | €33,103 | -€1,790 | -5.1% |
| Suppliers | 440/4 | €34,892 | €33,103 | -€1,790 | -5.1% |
| Taxes, remuneration and social security | 45 | €8,044 | €854 | -€7,190 | -89.4% |
| Taxes | 450/3 | €7,504 | €0 | -€7,504 | -100.0% |
| Remuneration and social security | 454/9 | €540 | €854 | +€314 | +58.1% |
| Accrued charges and deferred income | 492/3 | - | €254 | +€254 | |
| Remuneration, social security and pensions | 62 | €514,771 | €479,931 | -€34,840 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,482 | €57,290 | +€4,808 | +9.2% |
| Other operating charges | 640/8 | €1,377,530 | €1,860,045 | +€482,516 | +35.0% |
| Gross operating margin | 9900 | €2,984,242 | €1,732,441 | -€1.3m | -41.9% |
| Operating profit (loss) | 9901 | €1,039,460 | -€664,825 | -€1.7m | |
| Financial income | 75/76B | €69,124 | €43,135 | -€25,989 | -37.6% |
| Recurring financial income | 75 | €69,124 | €43,135 | -€25,989 | -37.6% |
| Financial charges | 65/66B | €6,575 | €28,636 | +€22,061 | +335.5% |
| Recurring financial charges | 65 | €6,575 | €28,636 | +€22,061 | +335.5% |
| Profit (loss) for the period before taxes | 9903 | €1,102,010 | -€650,325 | -€1.8m | |
| Income taxes | 67/77 | €16,167 | €12,788 | -€3,379 | -20.9% |
| Profit (loss) for the period | 9904 | €1,085,843 | -€663,113 | -€1.7m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,085,843 | -€663,113 | -€1.7m |
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.