Proost-Van Gorp: 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.
What changed
Proost-Van Gorp
NACE 01.191, Growing of flowers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€133,640
2024 · €129,610+€4,030
Equity
€973,389
2024 · €963,692+€9,697
Cash
€150,842
2024 · €113,712+€37,130
Balance sheet total
€1.5m
2024 · €1.5m+€10,704
Largest movements
Assets
- Cash +€37,130
up €37,130 (+32.7%), from €113,712 to €150,842
mainly Net result for the year (+€133,640) and Depreciation (+€103,955)
- Current investments -€30,830
down €30,830 (-10.6%), from €291,228 to €260,398
- Tangible fixed assets +€23,362
up €23,362 (+6.1%), from €382,815 to €406,177
of which Plant, machinery and equipment: +€38,223
Equity and liabilities
- Trade debts +€26,466
up €26,466 (+211%), from €12,525 to €38,991
- Debts after one year -€23,546
no longer reported in 2025 (was €23,546)
- Other debts -€20,271
down €20,271 (-4.8%), from €424,402 to €404,131
Income statement
- Gross operating margin +€24,693
up €24,693 (+3.6%), from €690,986 to €715,679
- Depreciation +€9,935
up €9,935 (+10.6%), from €94,020 to €103,955
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.
Result 2024
€129,610
Gross operating margin
+€24,693
Staff costs
-€5,379
Depreciation
-€9,935
Other operating charges
-€1,444
Financial income
-€2,891
Financial charges
+€4,761
Taxes
-€5,775
Result 2025
€133,640
raises the resultlowers the result
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.
From operations
+€274,181
Investment
-€96,487
Financing
-€140,564
Cash 2024
€113,712
From operations (derived)
+€274,181
Net result for the year
+€133,640
Depreciation
+€103,955
Stocks and contracts
+€13,151
Receivables within one year
+€6,427
Deferred charges and accrued income
-€620
Trade debts
+€26,466
Tax, wage and social debts
+€15,281
Other debts
-€20,271
Accrued charges and deferred income
-€3,848
Investment (derived)
-€96,487
Investment in fixed assets (net)
-€127,317
Current investments
+€30,830
Financing
-€140,564
Debts after one year
-€23,546
Current portion of long-term debt
+€6,925
Contributions, distributions and other
-€123,943
Cash 2025
€150,842
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,518,433 | €1,529,137 | +€10,704 | +0.7% |
| Fixed assets | 21/28 | €457,815 | €481,177 | +€23,362 | +5.1% |
| Tangible fixed assets | 22/27 | €382,815 | €406,177 | +€23,362 | +6.1% |
| Plant, machinery and equipment | 23 | €318,340 | €356,563 | +€38,223 | +12.0% |
| Furniture and vehicles | 24 | €64,475 | €49,614 | -€14,861 | -23.0% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €1,060,618 | €1,047,960 | -€12,658 | -1.2% |
| Stocks and contracts in progress | 3 | €450,924 | €437,773 | -€13,151 | -2.9% |
| Stocks | 30/36 | €450,924 | €437,773 | -€13,151 | -2.9% |
| Amounts receivable within one year | 40/41 | €186,933 | €180,506 | -€6,427 | -3.4% |
| Trade receivables | 40 | €138,152 | €143,482 | +€5,330 | +3.9% |
| Other amounts receivable | 41 | €48,781 | €37,024 | -€11,757 | -24.1% |
| Current investments | 50/53 | €291,228 | €260,398 | -€30,830 | -10.6% |
| Cash at bank and in hand | 54/58 | €113,712 | €150,842 | +€37,130 | +32.7% |
| Deferred charges and accrued income | 490/1 | €17,821 | €18,441 | +€620 | +3.5% |
| Total equity and liabilities | 10/49 | €1,518,433 | €1,529,137 | +€10,704 | +0.7% |
| Equity | 10/15 | €963,692 | €973,389 | +€9,697 | +1.0% |
| Contributions | 10/11 | €374,000 | €374,000 | = | 0.0% |
| Capital | 10 | €374,000 | €374,000 | = | 0.0% |
| Issued capital | 100 | €374,000 | €374,000 | = | 0.0% |
| Reserves | 13 | €589,692 | €599,389 | +€9,697 | +1.6% |
| Non-distributable reserves | 130/1 | €29,800 | €29,800 | = | 0.0% |
| Legal reserve | 130 | €29,800 | €29,800 | = | 0.0% |
| Distributable reserves | 133 | €559,892 | €569,589 | +€9,697 | +1.7% |
| Amounts payable | 17/49 | €554,741 | €555,748 | +€1,007 | +0.2% |
| Amounts payable after more than one year | 17 | €23,546 | - | -€23,546 | |
| Financial debts | 170/4 | €23,546 | - | -€23,546 | |
| Amounts payable within one year | 42/48 | €504,498 | €532,899 | +€28,401 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €16,621 | €23,546 | +€6,925 | +41.7% |
| Trade debts | 44 | €12,525 | €38,991 | +€26,466 | +211% |
| Suppliers | 440/4 | €12,525 | €38,991 | +€26,466 | +211% |
| Taxes, remuneration and social security | 45 | €50,950 | €66,231 | +€15,281 | +30.0% |
| Taxes | 450/3 | €20,316 | €22,335 | +€2,019 | +9.9% |
| Remuneration and social security | 454/9 | €30,634 | €43,896 | +€13,262 | +43.3% |
| Other amounts payable | 47/48 | €424,402 | €404,131 | -€20,271 | -4.8% |
| Accrued charges and deferred income | 492/3 | €26,697 | €22,849 | -€3,848 | -14.4% |
| Non-recurring operating income | 76A | €5,785 | - | -€5,785 | |
| Remuneration, social security and pensions | 62 | €344,325 | €349,704 | +€5,379 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,020 | €103,955 | +€9,935 | +10.6% |
| Other operating charges | 640/8 | €46,453 | €47,897 | +€1,444 | +3.1% |
| Gross operating margin | 9900 | €690,986 | €715,679 | +€24,693 | +3.6% |
| Operating profit (loss) | 9901 | €206,188 | €214,123 | +€7,935 | +3.8% |
| Financial income | 75/76B | €8,920 | €6,029 | -€2,891 | -32.4% |
| Recurring financial income | 75 | €8,920 | €6,029 | -€2,891 | -32.4% |
| Financial charges | 65/66B | €28,958 | €24,197 | -€4,761 | -16.4% |
| Recurring financial charges | 65 | €28,958 | €24,197 | -€4,761 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €186,150 | €195,955 | +€9,805 | +5.3% |
| Income taxes | 67/77 | €56,540 | €62,315 | +€5,775 | +10.2% |
| Profit (loss) for the period | 9904 | €129,610 | €133,640 | +€4,030 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €129,610 | €133,640 | +€4,030 | +3.1% |
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 15 October 2026 via checked.be.