PROVISION: what changed
Two fiscal 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.
PROVISION
Largest movements
- Cash -€40,727
down €40,727 (-12.3%), from €331,453 to €290,726
mainly Contributions, distributions and other (-€400,000) and Deferred charges and accrued income (-€18,163)
- Deferred charges and accrued income +€18,163
up €18,163 (+15.6%), from €116,500 to €134,663
- Profit (loss) carried forward -€38,514
down €38,514 (-51.9%), from €74,268 to €35,753
- Tax, wage and social debts +€10,924
up €10,924 (+34.0%), from €32,086 to €43,010
- Gross operating margin +€67,092
up €67,092 (+16.2%), from €412,902 to €479,993
- Taxes +€14,063
up €14,063 (+14.1%), from €99,832 to €113,895
- Financial income -€10,019
down €10,019 (-88.8%), from €11,285 to €1,266
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 | €513,880 | €486,358 | -€27,522 | -5.4% |
| Fixed assets | 21/28 | €35,374 | €30,546 | -€4,828 | -13.6% |
| Intangible fixed assets | 21 | €33,294 | €29,622 | -€3,673 | -11.0% |
| Tangible fixed assets | 22/27 | €2,079 | €924 | -€1,156 | -55.6% |
| Furniture and vehicles | 24 | €2,079 | €924 | -€1,156 | -55.6% |
| Current assets | 29/58 | €478,506 | €455,813 | -€22,694 | -4.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,553 | €23,424 | -€129 | -0.5% |
| Other amounts receivable | 41 | €23,553 | €23,424 | -€129 | -0.5% |
| Current investments | 50/53 | €7,000 | €7,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €331,453 | €290,726 | -€40,727 | -12.3% |
| Deferred charges and accrued income | 490/1 | €116,500 | €134,663 | +€18,163 | +15.6% |
| Total equity and liabilities | 10/49 | €513,880 | €486,358 | -€27,522 | -5.4% |
| Equity | 10/15 | €81,768 | €43,253 | -€38,514 | -47.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,268 | €35,753 | -€38,514 | -51.9% |
| Amounts payable | 17/49 | €432,112 | €443,105 | +€10,992 | +2.5% |
| Amounts payable within one year | 42/48 | €432,112 | €443,105 | +€10,992 | +2.5% |
| Trade debts | 44 | €27 | €89 | +€63 | +233.4% |
| Suppliers | 440/4 | €27 | €89 | +€63 | +233.4% |
| Taxes, remuneration and social security | 45 | €32,086 | €43,010 | +€10,924 | +34.0% |
| Taxes | 450/3 | €32,086 | €43,010 | +€10,924 | +34.0% |
| Other amounts payable | 47/48 | €400,000 | €400,006 | +€6 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,587 | €4,828 | +€241 | +5.3% |
| Other operating charges | 640/8 | €779 | €797 | +€18 | +2.3% |
| Gross operating margin | 9900 | €412,902 | €479,993 | +€67,092 | +16.2% |
| Operating profit (loss) | 9901 | €407,536 | €474,367 | +€66,832 | +16.4% |
| Financial income | 75/76B | €11,285 | €1,266 | -€10,019 | -88.8% |
| Recurring financial income | 75 | €11,285 | €1,266 | -€10,019 | -88.8% |
| Financial charges | 65/66B | €135 | €253 | +€118 | +87.9% |
| Recurring financial charges | 65 | €135 | €253 | +€118 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | €418,686 | €475,380 | +€56,694 | +13.5% |
| Income taxes | 67/77 | €99,832 | €113,895 | +€14,063 | +14.1% |
| Profit (loss) for the period | 9904 | €318,854 | €361,486 | +€42,632 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €318,854 | €361,486 | +€42,632 | +13.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.