PROVISIO: 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.
PROVISIO
Largest movements
- Stocks and contracts -€575,890
down €575,890 (-99.9%), from €576,637 to €747
- Cash +€122,245
up €122,245 (+167.7%), from €72,888 to €195,133
mainly Stocks and contracts (+€575,890) and Depreciation (+€53,802)
- Tangible fixed assets -€42,393
down €42,393 (-14.9%), from €284,855 to €242,462
- Other debts -€385,804
down €385,804 (-74.0%), from €521,206 to €135,402
- Reserves -€81,865
down €81,865 (-25.8%), from €317,866 to €236,001
- Debts after one year -€52,273
down €52,273 (-100.0%), from €52,273 to €0
- Trade debts +€17,955
up €17,955 (+51.1%), from €35,108 to €53,063
- Gross operating margin +€68,052
up €68,052 (+97.4%), from €69,857 to €137,909
- Taxes +€16,864
up €16,864 (+562.6%), from €2,998 to €19,862
- Financial charges +€7,980
up €7,980 (+104.7%), from €7,623 to €15,603
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 | €997,578 | €501,098 | -€496,481 | -49.8% |
| Fixed assets | 21/28 | €284,855 | €242,462 | -€42,393 | -14.9% |
| Tangible fixed assets | 22/27 | €284,855 | €242,462 | -€42,393 | -14.9% |
| Land and buildings | 22 | €182,886 | €174,271 | -€8,615 | -4.7% |
| Plant, machinery and equipment | 23 | €46,328 | €31,776 | -€14,552 | -31.4% |
| Furniture and vehicles | 24 | €55,641 | €36,415 | -€19,225 | -34.6% |
| Current assets | 29/58 | €712,724 | €258,636 | -€454,088 | -63.7% |
| Stocks and contracts in progress | 3 | €576,637 | €747 | -€575,890 | -99.9% |
| Stocks | 30/36 | €576,637 | €747 | -€575,890 | -99.9% |
| Amounts receivable within one year | 40/41 | €50,836 | €54,759 | +€3,923 | +7.7% |
| Trade receivables | 40 | €49,131 | €47,467 | -€1,665 | -3.4% |
| Other amounts receivable | 41 | €1,705 | €7,292 | +€5,588 | +327.8% |
| Cash at bank and in hand | 54/58 | €72,888 | €195,133 | +€122,245 | +167.7% |
| Deferred charges and accrued income | 490/1 | €12,363 | €7,997 | -€4,366 | -35.3% |
| Total equity and liabilities | 10/49 | €997,578 | €501,098 | -€496,481 | -49.8% |
| Equity | 10/15 | €324,066 | €242,201 | -€81,865 | -25.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €317,866 | €236,001 | -€81,865 | -25.8% |
| Distributable reserves | 133 | €317,866 | €236,001 | -€81,865 | -25.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €673,512 | €258,897 | -€414,616 | -61.6% |
| Amounts payable after more than one year | 17 | €52,273 | €0 | -€52,273 | -100.0% |
| Financial debts | 170/4 | €52,273 | €0 | -€52,273 | -100.0% |
| Amounts payable within one year | 42/48 | €621,239 | €258,897 | -€362,343 | -58.3% |
| Current portion of amounts payable after more than one year | 42 | €50,270 | €52,273 | +€2,003 | +4.0% |
| Trade debts | 44 | €35,108 | €53,063 | +€17,955 | +51.1% |
| Suppliers | 440/4 | €35,108 | €53,063 | +€17,955 | +51.1% |
| Taxes, remuneration and social security | 45 | €14,656 | €18,158 | +€3,503 | +23.9% |
| Taxes | 450/3 | €14,656 | €18,158 | +€3,503 | +23.9% |
| Other amounts payable | 47/48 | €521,206 | €135,402 | -€385,804 | -74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,410 | €53,802 | +€392 | +0.7% |
| Other operating charges | 640/8 | €1,578 | €1,028 | -€550 | -34.8% |
| Gross operating margin | 9900 | €69,857 | €137,909 | +€68,052 | +97.4% |
| Operating profit (loss) | 9901 | €14,869 | €83,079 | +€68,210 | +458.7% |
| Financial income | 75/76B | €472 | €78 | -€394 | -83.4% |
| Recurring financial income | 75 | €472 | €78 | -€394 | -83.4% |
| Financial charges | 65/66B | €7,623 | €15,603 | +€7,980 | +104.7% |
| Recurring financial charges | 65 | €7,623 | €15,603 | +€7,980 | +104.7% |
| Profit (loss) for the period before taxes | 9903 | €7,719 | €67,554 | +€59,835 | +775.2% |
| Income taxes | 67/77 | €2,998 | €19,862 | +€16,864 | +562.6% |
| Profit (loss) for the period | 9904 | €4,721 | €47,692 | +€42,971 | +910.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,721 | €47,692 | +€42,971 | +910.2% |
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.