Pro-Garden: 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.
Pro-Garden
Largest movements
- Stocks and contracts -€76,381
down €76,381 (-11.4%), from €667,799 to €591,419
- Tangible fixed assets -€61,677
down €61,677 (-7.6%), from €813,263 to €751,585
of which Land and buildings: -€55,699
- Receivables within one year +€61,041
up €61,041 (+45.8%), from €133,313 to €194,354
of which Trade receivables: +€62,593
- Cash +€27,021
new in 2024: €27,021
mainly Stocks and contracts (+€76,381) and Depreciation (+€68,924)
- Debts after one year -€79,958
down €79,958 (-12.3%), from €649,236 to €569,278
- Trade debts -€33,754
down €33,754 (-7.4%), from €455,013 to €421,260
- Tax, wage and social debts +€23,693
up €23,693 (+46.6%), from €50,872 to €74,565
of which Taxes: +€15,237
- Profit (loss) carried forward +€21,649
up €21,649 (+90.0%), from -€24,054 to -€2,405
- Gross operating margin +€92,845
up €92,845 (+26.7%), from €348,254 to €441,099
- Staff costs +€54,097
up €54,097 (+26.4%), from €205,030 to €259,127
- Financial charges -€14,715
down €14,715 (-18.2%), from €80,977 to €66,262
- Other operating charges +€7,743
up €7,743 (+61.2%), from €12,644 to €20,386
- Depreciation -€6,456
down €6,456 (-8.6%), from €75,380 to €68,924
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.
Derived cash bridge
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 | €1,619,913 | €1,575,660 | -€44,254 | -2.7% |
| Fixed assets | 21/28 | €816,887 | €755,210 | -€61,677 | -7.6% |
| Tangible fixed assets | 22/27 | €813,263 | €751,585 | -€61,677 | -7.6% |
| Land and buildings | 22 | €789,467 | €733,768 | -€55,699 | -7.1% |
| Plant, machinery and equipment | 23 | €8,310 | €4,516 | -€3,794 | -45.7% |
| Furniture and vehicles | 24 | €15,485 | €13,302 | -€2,184 | -14.1% |
| Financial fixed assets | 28 | €3,625 | €3,625 | = | 0.0% |
| Current assets | 29/58 | €803,026 | €820,449 | +€17,424 | +2.2% |
| Stocks and contracts in progress | 3 | €667,799 | €591,419 | -€76,381 | -11.4% |
| Stocks | 30/36 | €667,799 | €591,419 | -€76,381 | -11.4% |
| Amounts receivable within one year | 40/41 | €133,313 | €194,354 | +€61,041 | +45.8% |
| Trade receivables | 40 | €126,011 | €188,604 | +€62,593 | +49.7% |
| Other amounts receivable | 41 | €7,302 | €5,750 | -€1,552 | -21.3% |
| Cash at bank and in hand | 54/58 | - | €27,021 | +€27,021 | |
| Deferred charges and accrued income | 490/1 | €1,913 | €7,656 | +€5,743 | +300% |
| Total equity and liabilities | 10/49 | €1,619,913 | €1,575,660 | -€44,254 | -2.7% |
| Equity | 10/15 | €204,525 | €226,174 | +€21,649 | +10.6% |
| Contributions | 10/11 | €131,200 | €131,200 | = | 0.0% |
| Contributions outside capital | 11 | €131,200 | €131,200 | = | 0.0% |
| Other | 1109/19 | €131,200 | €131,200 | = | 0.0% |
| Reserves | 13 | €97,379 | €97,379 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,360 | €14,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,360 | €14,360 | = | 0.0% |
| Distributable reserves | 133 | €83,019 | €83,019 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,054 | -€2,405 | +€21,649 | +90.0% |
| Amounts payable | 17/49 | €1,415,388 | €1,349,486 | -€65,902 | -4.7% |
| Amounts payable after more than one year | 17 | €649,236 | €569,278 | -€79,958 | -12.3% |
| Financial debts | 170/4 | €649,236 | €569,278 | -€79,958 | -12.3% |
| Amounts payable within one year | 42/48 | €762,195 | €763,330 | +€1,135 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €231,328 | €231,654 | +€326 | +0.1% |
| Financial debts | 43 | €14,439 | €10,253 | -€4,186 | -29.0% |
| Credit institutions | 430/8 | €14,439 | €10,253 | -€4,186 | -29.0% |
| Trade debts | 44 | €455,013 | €421,260 | -€33,754 | -7.4% |
| Suppliers | 440/4 | €455,013 | €421,260 | -€33,754 | -7.4% |
| Advances received on contracts in progress | 46 | €605 | - | -€605 | |
| Taxes, remuneration and social security | 45 | €50,872 | €74,565 | +€23,693 | +46.6% |
| Taxes | 450/3 | €33,172 | €48,409 | +€15,237 | +45.9% |
| Remuneration and social security | 454/9 | €17,700 | €26,155 | +€8,456 | +47.8% |
| Other amounts payable | 47/48 | €9,938 | €25,599 | +€15,661 | +158% |
| Accrued charges and deferred income | 492/3 | €3,957 | €16,877 | +€12,920 | +327% |
| Non-recurring operating income | 76A | €10,133 | - | -€10,133 | |
| Remuneration, social security and pensions | 62 | €205,030 | €259,127 | +€54,097 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,380 | €68,924 | -€6,456 | -8.6% |
| Other operating charges | 640/8 | €12,644 | €20,386 | +€7,743 | +61.2% |
| Gross operating margin | 9900 | €348,254 | €441,099 | +€92,845 | +26.7% |
| Operating profit (loss) | 9901 | €55,201 | €92,662 | +€37,461 | +67.9% |
| Financial income | 75/76B | €1,351 | €1,093 | -€258 | -19.1% |
| Recurring financial income | 75 | €93 | €653 | +€560 | +603% |
| Non-recurring financial income | 76B | €1,258 | €440 | -€818 | -65.0% |
| Financial charges | 65/66B | €80,977 | €66,262 | -€14,715 | -18.2% |
| Recurring financial charges | 65 | €80,977 | €66,262 | -€14,715 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,425 | €27,493 | +€51,918 | |
| Income taxes | 67/77 | €1,482 | €5,844 | +€4,362 | +294% |
| Profit (loss) for the period | 9904 | -€25,908 | €21,649 | +€47,557 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,908 | €21,649 | +€47,557 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.