PROWINES: 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.
PROWINES
Largest movements
- Receivables within one year +€74,780
up €74,780 (+22.3%), from €335,559 to €410,339
of which Other amounts receivable: +€101,900
- Cash +€51,573
up €51,573 (+70.7%), from €72,911 to €124,484
mainly Trade debts (+€163,558) and Net result for the year (+€54,236)
- Stocks and contracts -€35,333
down €35,333 (-9.6%), from €368,909 to €333,576
- Trade debts +€163,558
up €163,558 (+66.9%), from €244,607 to €408,165
- Short-term financial debts -€100,000
down €100,000 (-50.0%), from €200,000 to €100,000
- Profit (loss) carried forward +€29,236
up €29,236 (+84.8%), from €34,477 to €63,713
- Other debts +€24,835
up €24,835 (+15051.5%), from €165 to €25,000
- Provisions -€17,638
no longer reported in 2025 (was €17,638)
- Gross operating margin +€50,577
up €50,577 (+84.8%), from €59,625 to €110,202
- Write-downs +€15,436
new in 2025: €15,436
- Other operating charges +€12,826
up €12,826 (+354.4%), from €3,619 to €16,445
- Taxes +€5,611
up €5,611 (+110.2%), from €5,091 to €10,702
- Financial charges -€1,995
down €1,995 (-14.8%), from €13,467 to €11,472
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €787,464 | €876,118 | +€88,654 | +11.3% |
| Fixed assets | 21/28 | €8,245 | €7,720 | -€525 | -6.4% |
| Tangible fixed assets | 22/27 | €1,667 | €1,142 | -€525 | -31.5% |
| Plant, machinery and equipment | 23 | €1,667 | €1,142 | -€525 | -31.5% |
| Financial fixed assets | 28 | €6,578 | €6,578 | -€0 | 0.0% |
| Current assets | 29/58 | €779,219 | €868,399 | +€89,180 | +11.4% |
| Stocks and contracts in progress | 3 | €368,909 | €333,576 | -€35,333 | -9.6% |
| Stocks | 30/36 | €368,909 | €333,576 | -€35,333 | -9.6% |
| Amounts receivable within one year | 40/41 | €335,559 | €410,339 | +€74,780 | +22.3% |
| Trade receivables | 40 | €317,483 | €290,363 | -€27,120 | -8.5% |
| Other amounts receivable | 41 | €18,076 | €119,976 | +€101,900 | +563.7% |
| Cash at bank and in hand | 54/58 | €72,911 | €124,484 | +€51,573 | +70.7% |
| Deferred charges and accrued income | 490/1 | €1,840 | - | -€1,840 | |
| Total equity and liabilities | 10/49 | €787,464 | €876,118 | +€88,654 | +11.3% |
| Equity | 10/15 | €273,201 | €302,438 | +€29,237 | +10.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €208,724 | €208,724 | +€0 | 0.0% |
| Distributable reserves | 133 | €208,724 | €208,724 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €34,477 | €63,713 | +€29,236 | +84.8% |
| Provisions and deferred taxes | 16 | €17,638 | - | -€17,638 | |
| Provisions for liabilities and charges | 160/5 | €17,638 | - | -€17,638 | |
| Other liabilities and charges | 164/5 | €17,638 | - | -€17,638 | |
| Amounts payable | 17/49 | €496,625 | €573,681 | +€77,056 | +15.5% |
| Amounts payable within one year | 42/48 | €496,624 | €567,244 | +€70,620 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €9,514 | - | -€9,514 | |
| Financial debts | 43 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Credit institutions | 430/8 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Trade debts | 44 | €244,607 | €408,165 | +€163,558 | +66.9% |
| Suppliers | 440/4 | €244,607 | €408,165 | +€163,558 | +66.9% |
| Taxes, remuneration and social security | 45 | €42,338 | €34,079 | -€8,259 | -19.5% |
| Taxes | 450/3 | €42,338 | €34,079 | -€8,259 | -19.5% |
| Other amounts payable | 47/48 | €165 | €25,000 | +€24,835 | +15051.5% |
| Accrued charges and deferred income | 492/3 | €1 | €6,437 | +€6,436 | +643601.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,039 | €2,229 | -€810 | -26.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,436 | +€15,436 | |
| Other operating charges | 640/8 | €3,619 | €16,445 | +€12,826 | +354.4% |
| Gross operating margin | 9900 | €59,625 | €110,202 | +€50,577 | +84.8% |
| Operating profit (loss) | 9901 | €52,967 | €76,092 | +€23,125 | +43.7% |
| Financial income | 75/76B | €68 | €318 | +€250 | +368.3% |
| Recurring financial income | 75 | €68 | €318 | +€250 | +368.3% |
| Financial charges | 65/66B | €13,467 | €11,472 | -€1,995 | -14.8% |
| Recurring financial charges | 65 | €13,467 | €11,472 | -€1,995 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €39,568 | €64,938 | +€25,370 | +64.1% |
| Income taxes | 67/77 | €5,091 | €10,702 | +€5,611 | +110.2% |
| Profit (loss) for the period | 9904 | €34,477 | €54,236 | +€19,759 | +57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,477 | €54,236 | +€19,759 | +57.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.