KINE PROVOOST: 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.
KINE PROVOOST
Largest movements
- Cash +€70,326
up €70,326 (+24.0%), from €293,545 to €363,871
mainly Net result for the year (+€79,559) and Current investments (+€25,000)
- Current investments -€25,000
down €25,000 (-39.4%), from €63,520 to €38,520
- Receivables within one year -€13,536
down €13,536 (-11.1%), from €122,174 to €108,637
- Tangible fixed assets +€13,237
up €13,237 (+35.3%), from €37,533 to €50,770
of which Plant, machinery and equipment: +€9,289
- Reserves +€37,000
up €37,000 (+11.7%), from €317,349 to €354,349
of which Distributable reserves: +€37,000
- Other debts +€9,634
up €9,634 (+22.2%), from €43,425 to €53,059
- Gross operating margin +€7,847
up €7,847 (+7.4%), from €105,920 to €113,766
- Taxes -€3,550
down €3,550 (-12.8%), from €27,695 to €24,146
- Depreciation +€1,584
up €1,584 (+15.5%), from €10,189 to €11,773
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 | €516,772 | €563,399 | +€46,626 | +9.0% |
| Fixed assets | 21/28 | €37,533 | €50,770 | +€13,237 | +35.3% |
| Tangible fixed assets | 22/27 | €37,533 | €50,770 | +€13,237 | +35.3% |
| Land and buildings | 22 | €17,422 | €18,436 | +€1,014 | +5.8% |
| Plant, machinery and equipment | 23 | €9,940 | €19,230 | +€9,289 | +93.5% |
| Furniture and vehicles | 24 | €10,171 | €13,104 | +€2,933 | +28.8% |
| Current assets | 29/58 | €479,240 | €512,629 | +€33,389 | +7.0% |
| Amounts receivable within one year | 40/41 | €122,174 | €108,637 | -€13,536 | -11.1% |
| Other amounts receivable | 41 | €122,174 | €108,637 | -€13,536 | -11.1% |
| Current investments | 50/53 | €63,520 | €38,520 | -€25,000 | -39.4% |
| Cash at bank and in hand | 54/58 | €293,545 | €363,871 | +€70,326 | +24.0% |
| Deferred charges and accrued income | 490/1 | - | €1,600 | +€1,600 | |
| Total equity and liabilities | 10/49 | €516,772 | €563,399 | +€46,626 | +9.0% |
| Equity | 10/15 | €416,546 | €456,105 | +€39,559 | +9.5% |
| Contributions | 10/11 | €24,960 | €24,960 | = | 0.0% |
| Reserves | 13 | €317,349 | €354,349 | +€37,000 | +11.7% |
| Tax-exempt reserves | 132 | €4,900 | €4,900 | = | 0.0% |
| Distributable reserves | 133 | €312,449 | €349,449 | +€37,000 | +11.8% |
| Profit (loss) carried forward | 14 | €74,237 | €76,796 | +€2,559 | +3.4% |
| Provisions and deferred taxes | 16 | €23,655 | €23,655 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €23,655 | €23,655 | = | 0.0% |
| Pensions and similar obligations | 160 | €23,655 | €23,655 | = | 0.0% |
| Amounts payable | 17/49 | €76,572 | €83,639 | +€7,067 | +9.2% |
| Amounts payable within one year | 42/48 | €63,701 | €67,765 | +€4,065 | +6.4% |
| Trade debts | 44 | €16,580 | €14,707 | -€1,874 | -11.3% |
| Suppliers | 440/4 | €16,580 | €14,707 | -€1,874 | -11.3% |
| Taxes, remuneration and social security | 45 | €3,695 | €0 | -€3,695 | -100% |
| Taxes | 450/3 | €3,695 | €0 | -€3,695 | -100% |
| Other amounts payable | 47/48 | €43,425 | €53,059 | +€9,634 | +22.2% |
| Accrued charges and deferred income | 492/3 | €12,871 | €15,873 | +€3,002 | +23.3% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,189 | €11,773 | +€1,584 | +15.5% |
| Other operating charges | 640/8 | €2,225 | €2,145 | -€80 | -3.6% |
| Gross operating margin | 9900 | €105,920 | €113,766 | +€7,847 | +7.4% |
| Operating profit (loss) | 9901 | €93,505 | €99,848 | +€6,343 | +6.8% |
| Financial income | 75/76B | €4,128 | €3,949 | -€180 | -4.4% |
| Recurring financial income | 75 | €4,128 | €3,949 | -€180 | -4.4% |
| Financial charges | 65/66B | - | €92 | +€92 | |
| Recurring financial charges | 65 | - | €92 | +€92 | |
| Profit (loss) for the period before taxes | 9903 | €97,634 | €103,705 | +€6,071 | +6.2% |
| Income taxes | 67/77 | €27,695 | €24,146 | -€3,550 | -12.8% |
| Profit (loss) for the period | 9904 | €69,938 | €79,559 | +€9,621 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,938 | €79,559 | +€9,621 | +13.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.