PROVIZO: 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
PROVIZO
NACE 01.130, Growing of vegetables, melons, roots and tubers
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€42,959
2024 · €41,693+€1,266
Equity
€446,150
2024 · €403,191+€42,959
Cash
€943,376
2024 · €47,797+€895,579
Balance sheet total
€3.4m
2024 · €3.0m+€443,911
Largest movements
Assets
- Cash +€895,579
up €895,579 (+1873.7%), from €47,797 to €943,376
mainly Trade debts (+€689,099) and Receivables after one year (+€625,000)
- Receivables after one year -€625,000
no longer reported in 2025 (was €625,000)
- Receivables within one year +€155,864
up €155,864 (+8.3%), from €1.9m to €2.0m
of which Other amounts receivable: +€571,172
Equity and liabilities
- Trade debts +€689,099
up €689,099 (+30.6%), from €2.3m to €2.9m
- Debts after one year -€261,334
down €261,334 (-100.0%), from €261,334 to €0
- Reserves +€42,959
up €42,959 (+11.0%), from €390,791 to €433,750
of which Distributable reserves: +€42,959
Income statement
- Turnover +€679,671
up €679,671 (+5.7%), from €12.0m to €12.7m
- Goods and materials +€584,252
up €584,252 (+5.1%), from €11.6m to €12.1m
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
€41,693
Turnover
+€679,671
Other operating income
-€446
Goods and materials
-€584,252
Services and other goods
-€12,205
Staff costs
-€45,658
Depreciation
+€250
Other operating charges
-€731
Other operating items
-€17,976
Financial income
-€23,249
Financial charges
+€1,233
Taxes
+€4,631
Result 2025
€42,959
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.
From operations
+€1.2m
Investment
-€40,480
Financing
-€293,919
Cash 2024
€47,797
From operations (derived)
+€1.2m
Net result for the year
+€42,959
Depreciation
+€20,144
Receivables after one year
+€625,000
Receivables within one year
-€155,864
Deferred charges and accrued income
+€2,869
Trade debts
+€689,099
Tax, wage and social debts
+€5,263
Smaller working-capital items
+€508
Investment (derived)
-€40,480
Investment in fixed assets (net)
-€40,480
Financing
-€293,919
Debts after one year
-€261,334
Current portion of long-term debt
-€32,585
Cash 2025
€943,376
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,997,650 | €3,441,561 | +€443,911 | +14.8% |
| Fixed assets | 21/28 | €416,170 | €436,506 | +€20,336 | +4.9% |
| Tangible fixed assets | 22/27 | €415,307 | €435,643 | +€20,336 | +4.9% |
| Land and buildings | 22 | €365,507 | €357,629 | -€7,879 | -2.2% |
| Furniture and vehicles | 24 | €20,605 | €61,697 | +€41,093 | +199.4% |
| Leasing and similar rights | 25 | €10,336 | €0 | -€10,336 | -100.0% |
| Other tangible fixed assets | 26 | €18,858 | €16,317 | -€2,542 | -13.5% |
| Financial fixed assets | 28 | €863 | €863 | = | 0.0% |
| Other financial fixed assets | 284/8 | €863 | €863 | = | 0.0% |
| Shares | 284 | €500 | €500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €2,581,480 | €3,005,055 | +€423,575 | +16.4% |
| Amounts receivable after more than one year | 29 | €625,000 | - | -€625,000 | |
| Other amounts receivable | 291 | €625,000 | - | -€625,000 | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,871,622 | €2,027,487 | +€155,864 | +8.3% |
| Trade receivables | 40 | €1,702,119 | €1,286,812 | -€415,307 | -24.4% |
| Other amounts receivable | 41 | €169,503 | €740,675 | +€571,172 | +337.0% |
| Cash at bank and in hand | 54/58 | €47,797 | €943,376 | +€895,579 | +1873.7% |
| Deferred charges and accrued income | 490/1 | €37,061 | €34,192 | -€2,869 | -7.7% |
| Total equity and liabilities | 10/49 | €2,997,650 | €3,441,561 | +€443,911 | +14.8% |
| Equity | 10/15 | €403,191 | €446,150 | +€42,959 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €390,791 | €433,750 | +€42,959 | +11.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €388,936 | €431,895 | +€42,959 | +11.0% |
| Amounts payable | 17/49 | €2,594,459 | €2,995,410 | +€400,951 | +15.5% |
| Amounts payable after more than one year | 17 | €261,334 | €0 | -€261,334 | -100.0% |
| Financial debts | 170/4 | €261,334 | €0 | -€261,334 | -100.0% |
| Leasing and similar obligations | 172 | €0 | - | = | |
| Credit institutions | 173 | €261,334 | €0 | -€261,334 | -100.0% |
| Amounts payable within one year | 42/48 | €2,333,125 | €2,994,928 | +€661,803 | +28.4% |
| Current portion of amounts payable after more than one year | 42 | €32,585 | €0 | -€32,585 | -100.0% |
| Trade debts | 44 | €2,253,477 | €2,942,577 | +€689,099 | +30.6% |
| Suppliers | 440/4 | €2,253,477 | €2,942,577 | +€689,099 | +30.6% |
| Taxes, remuneration and social security | 45 | €45,454 | €50,717 | +€5,263 | +11.6% |
| Taxes | 450/3 | €11,979 | €14,169 | +€2,191 | +18.3% |
| Remuneration and social security | 454/9 | €33,475 | €36,548 | +€3,073 | +9.2% |
| Other amounts payable | 47/48 | €1,609 | €1,635 | +€26 | +1.6% |
| Accrued charges and deferred income | 492/3 | €0 | €482 | +€482 | |
| Operating income | 70/76A | €12,047,397 | €12,715,025 | +€667,628 | +5.5% |
| Turnover | 70 | €12,005,844 | €12,685,515 | +€679,671 | +5.7% |
| Other operating income | 74 | €29,553 | €29,107 | -€446 | -1.5% |
| Non-recurring operating income | 76A | €12,000 | €403 | -€11,597 | -96.6% |
| Operating charges | 60/66A | €11,998,310 | €12,647,286 | +€648,976 | +5.4% |
| Goods for resale, raw materials and consumables | 60 | €11,559,715 | €12,143,967 | +€584,252 | +5.1% |
| Purchases | 600/8 | €11,559,715 | €12,143,967 | +€584,252 | +5.1% |
| Services and other goods | 61 | €121,748 | €133,953 | +€12,205 | +10.0% |
| Remuneration, social security and pensions | 62 | €293,221 | €338,879 | +€45,658 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,393 | €20,144 | -€250 | -1.2% |
| Other operating charges | 640/8 | €3,233 | €3,964 | +€731 | +22.6% |
| Non-recurring operating charges | 66A | - | €6,379 | +€6,379 | |
| Operating profit (loss) | 9901 | €49,087 | €67,739 | +€18,652 | +38.0% |
| Financial income | 75/76B | €23,249 | €0 | -€23,249 | -100.0% |
| Recurring financial income | 75 | €23,249 | €0 | -€23,249 | -100.0% |
| Income from current assets | 751 | €23,213 | €0 | -€23,213 | -100.0% |
| Other financial income | 752/9 | €36 | €0 | -€36 | -100.0% |
| Financial charges | 65/66B | €7,854 | €6,621 | -€1,233 | -15.7% |
| Recurring financial charges | 65 | €7,854 | €6,621 | -€1,233 | -15.7% |
| Debt charges | 650 | €7,854 | €6,528 | -€1,325 | -16.9% |
| Other financial charges | 652/9 | €0 | €93 | +€93 | +928300.0% |
| Profit (loss) for the period before taxes | 9903 | €64,483 | €61,118 | -€3,365 | -5.2% |
| Income taxes | 67/77 | €22,790 | €18,159 | -€4,631 | -20.3% |
| Taxes | 670/3 | €22,790 | €18,159 | -€4,631 | -20.3% |
| Profit (loss) for the period | 9904 | €41,693 | €42,959 | +€1,266 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €41,693 | €42,959 | +€1,266 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.