PROVITEC: 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.
PROVITEC
Largest movements
- Cash +€154,693
up €154,693 (+138.7%), from €111,528 to €266,222
mainly Other debts (+€114,000) and Receivables within one year (+€55,750)
- Receivables within one year -€55,750
down €55,750 (-43.7%), from €127,644 to €71,893
of which Trade receivables: -€55,732
- Tangible fixed assets +€7,505
up €7,505 (+66.7%), from €11,257 to €18,762
of which Plant, machinery and equipment: +€5,528
- Other debts +€114,000
up €114,000 (+632.5%), from €18,024 to €132,024
- Reserves -€11,000
down €11,000 (-13.2%), from €83,230 to €72,230
of which Distributable reserves: -€11,000
- Gross operating margin -€24,996
down €24,996 (-41.1%), from €60,765 to €35,768
- Taxes -€2,517
down €2,517 (-19.9%), from €12,623 to €10,106
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,680 | €438,516 | +€105,836 | +31.8% |
| Fixed assets | 21/28 | €11,657 | €19,162 | +€7,505 | +64.4% |
| Tangible fixed assets | 22/27 | €11,257 | €18,762 | +€7,505 | +66.7% |
| Plant, machinery and equipment | 23 | €10,888 | €16,416 | +€5,528 | +50.8% |
| Furniture and vehicles | 24 | €369 | €2,346 | +€1,977 | +535.7% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €321,023 | €419,354 | +€98,331 | +30.6% |
| Stocks and contracts in progress | 3 | €27,014 | €26,452 | -€562 | -2.1% |
| Stocks | 30/36 | €27,014 | €26,452 | -€562 | -2.1% |
| Amounts receivable within one year | 40/41 | €127,644 | €71,893 | -€55,750 | -43.7% |
| Trade receivables | 40 | €127,626 | €71,893 | -€55,732 | -43.7% |
| Other amounts receivable | 41 | €18 | €0 | -€18 | -100.0% |
| Current investments | 50/53 | €52,387 | €52,387 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,528 | €266,222 | +€154,693 | +138.7% |
| Deferred charges and accrued income | 490/1 | €2,450 | €2,400 | -€50 | -2.0% |
| Total equity and liabilities | 10/49 | €332,680 | €438,516 | +€105,836 | +31.8% |
| Equity | 10/15 | €176,837 | €166,121 | -€10,716 | -6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,230 | €72,230 | -€11,000 | -13.2% |
| Non-distributable reserves | 130/1 | €6,230 | €6,230 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,230 | €6,230 | = | 0.0% |
| Distributable reserves | 133 | €77,000 | €66,000 | -€11,000 | -14.3% |
| Profit (loss) carried forward | 14 | €75,007 | €75,291 | +€284 | +0.4% |
| Amounts payable | 17/49 | €155,843 | €272,396 | +€116,552 | +74.8% |
| Amounts payable within one year | 42/48 | €154,265 | €270,817 | +€116,552 | +75.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €122,188 | €121,898 | -€290 | -0.2% |
| Suppliers | 440/4 | €122,188 | €121,898 | -€290 | -0.2% |
| Taxes, remuneration and social security | 45 | €14,052 | €16,895 | +€2,842 | +20.2% |
| Taxes | 450/3 | €14,052 | €16,895 | +€2,842 | +20.2% |
| Other amounts payable | 47/48 | €18,024 | €132,024 | +€114,000 | +632.5% |
| Accrued charges and deferred income | 492/3 | €1,579 | €1,579 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,172 | €2,736 | +€564 | +26.0% |
| Other operating charges | 640/8 | €844 | €736 | -€108 | -12.8% |
| Gross operating margin | 9900 | €60,765 | €35,768 | -€24,996 | -41.1% |
| Operating profit (loss) | 9901 | €57,749 | €32,296 | -€25,452 | -44.1% |
| Financial income | 75/76B | €179 | €12 | -€167 | -93.2% |
| Recurring financial income | 75 | €179 | €12 | -€167 | -93.2% |
| Financial charges | 65/66B | €1,201 | €918 | -€283 | -23.5% |
| Recurring financial charges | 65 | €1,201 | €918 | -€283 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €56,727 | €31,390 | -€25,337 | -44.7% |
| Income taxes | 67/77 | €12,623 | €10,106 | -€2,517 | -19.9% |
| Profit (loss) for the period | 9904 | €44,104 | €21,284 | -€22,820 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,104 | €21,284 | -€22,820 | -51.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.