provis: 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.
provis
Largest movements
- Tangible fixed assets -€58,223
down €58,223 (-33.7%), from €172,732 to €114,509
of which Land and buildings: -€41,862
- Current investments -€46,411
down €46,411 (-99.6%), from €46,596 to €186
- Receivables within one year +€44,951
up €44,951 (+29.0%), from €155,088 to €200,039
of which Trade receivables: +€37,750
- Intangible fixed assets +€26,006
up €26,006 (+72.5%), from €35,870 to €61,876
- Debts after one year -€59,492
down €59,492 (-29.0%), from €205,353 to €145,861
- Trade debts +€40,812
up €40,812 (+116%), from €35,236 to €76,049
- Profit (loss) carried forward -€23,404
down €23,404 (-93.1%), from -€25,145 to -€48,550
- Current portion of long-term debt +€12,163
up €12,163 (+17.0%), from €71,562 to €83,725
- Staff costs +€28,432
up €28,432 (+74.7%), from €38,040 to €66,472
- Gross operating margin +€18,129
up €18,129 (+17.1%), from €106,104 to €124,233
- Depreciation -€1,846
down €1,846 (-2.8%), from €65,738 to €63,892
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 | €421,348 | €389,856 | -€31,492 | -7.5% |
| Fixed assets | 21/28 | €208,882 | €176,665 | -€32,217 | -15.4% |
| Intangible fixed assets | 21 | €35,870 | €61,876 | +€26,006 | +72.5% |
| Tangible fixed assets | 22/27 | €172,732 | €114,509 | -€58,223 | -33.7% |
| Land and buildings | 22 | €110,532 | €68,670 | -€41,862 | -37.9% |
| Plant, machinery and equipment | 23 | €24,076 | €19,224 | -€4,852 | -20.2% |
| Furniture and vehicles | 24 | €38,124 | €26,615 | -€11,509 | -30.2% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €212,466 | €213,191 | +€725 | +0.3% |
| Amounts receivable within one year | 40/41 | €155,088 | €200,039 | +€44,951 | +29.0% |
| Trade receivables | 40 | €150,994 | €188,743 | +€37,750 | +25.0% |
| Other amounts receivable | 41 | €4,094 | €11,295 | +€7,201 | +176% |
| Current investments | 50/53 | €46,596 | €186 | -€46,411 | -99.6% |
| Cash at bank and in hand | 54/58 | €8,775 | €8,130 | -€645 | -7.4% |
| Deferred charges and accrued income | 490/1 | €2,007 | €4,837 | +€2,830 | +141% |
| Total equity and liabilities | 10/49 | €421,348 | €389,856 | -€31,492 | -7.5% |
| Equity | 10/15 | €74,855 | €51,450 | -€23,404 | -31.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€25,145 | -€48,550 | -€23,404 | -93.1% |
| Amounts payable | 17/49 | €346,493 | €338,406 | -€8,088 | -2.3% |
| Amounts payable after more than one year | 17 | €205,353 | €145,861 | -€59,492 | -29.0% |
| Financial debts | 170/4 | €205,353 | €145,861 | -€59,492 | -29.0% |
| Amounts payable within one year | 42/48 | €141,140 | €192,387 | +€51,247 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €71,562 | €83,725 | +€12,163 | +17.0% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €35,236 | €76,049 | +€40,812 | +116% |
| Suppliers | 440/4 | €35,236 | €76,049 | +€40,812 | +116% |
| Taxes, remuneration and social security | 45 | €4,342 | €2,614 | -€1,728 | -39.8% |
| Taxes | 450/3 | €1,927 | €1,018 | -€909 | -47.2% |
| Remuneration and social security | 454/9 | €2,415 | €1,596 | -€819 | -33.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €157 | +€157 | |
| Remuneration, social security and pensions | 62 | €38,040 | €66,472 | +€28,432 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,738 | €63,892 | -€1,846 | -2.8% |
| Other operating charges | 640/8 | €4,941 | €5,133 | +€192 | +3.9% |
| Gross operating margin | 9900 | €106,104 | €124,233 | +€18,129 | +17.1% |
| Operating profit (loss) | 9901 | -€2,615 | -€11,263 | -€8,649 | -331% |
| Financial income | 75/76B | €344 | €456 | +€112 | +32.5% |
| Recurring financial income | 75 | €344 | €456 | +€112 | +32.5% |
| Financial charges | 65/66B | €13,398 | €12,597 | -€801 | -6.0% |
| Recurring financial charges | 65 | €13,398 | €12,597 | -€801 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,669 | -€23,404 | -€7,735 | -49.4% |
| Income taxes | 67/77 | €41 | €0 | -€41 | -100% |
| Profit (loss) for the period | 9904 | -€15,710 | -€23,404 | -€7,694 | -49.0% |
| Transfer from tax-exempt reserves | 789 | €3,780 | €0 | -€3,780 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,930 | -€23,404 | -€11,474 | -96.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.