FLORY (0461.273.503): financials and annual accounts

FLORY

Woluwe-Saint-Pierre ·KBO/BCE: BE 0461.273.503

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Balance sheet: assets
Total assets`20/58`	954,565	1.1m	998,638	894,164	809,230	712,538	614,444	511,920	417,424	313,106	236,743	148,789	131,162	424,435	434,751	314,782	240,793	170,067
Fixed assets`21/28`	243,303	253,313	263,504	277,337	287,448	299,566	319,949	12,539	11,602	8,703	9,333	8,437	9,395	9,970	3,785	5,918	9,624	14,444
Tangible fixed assets`22/27`	243,303	253,313	263,504	277,337	287,448	299,566	319,949	12,539	11,602	8,703	9,333	8,437	9,395	9,970	3,785	5,918	9,624	14,444
Land and buildings`22`	232,258	240,887	249,516	258,145	266,773	275,402	284,031	-	-	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	2,210	2,973	423	601	779	449	2,723	3,398	3,288	1,969	2,783	1,898	1,157	1,243	1,657	-	-	-
Furniture and vehicles`24`	1,160	2,312	4,091	6,600	11,067	12,911	16,546	2,132	3,376	2,752	4,286	5,179	6,297	7,500	492	3,872	6,572	9,721
Other tangible fixed assets`26`	7,675	7,141	9,475	11,992	8,829	10,804	16,649	7,010	4,938	3,982	2,264	1,359	1,941	1,227	1,636	2,046	3,052	4,723
Current assets`29/58`	711,262	873,672	735,134	616,827	521,783	412,973	294,496	499,380	405,822	304,403	227,411	140,352	121,767	414,465	430,966	308,864	231,169	155,623
Amounts receivable within one year`40/41`	728	-	46	1,879	9,158	11,051	251,768	13,315	-	-	6,578	6,578	2,883	3,145	87,962	31,331	9,331	22,253
Trade receivables`40`	-	-	-	-	-	-	1,800	3,000	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`41`	728	-	46	1,879	9,158	11,051	249,968	10,315	-	-	6,578	6,578	2,883	3,145	87,962	31,331	9,331	22,253
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Cash at bank and in hand`54/58`	708,272	871,603	733,633	613,155	503,649	391,821	39,618	483,724	404,396	302,973	219,536	132,729	118,884	411,320	334,804	265,323	209,688	133,370
Deferred charges and accrued income`490/1`	2,262	2,069	1,455	1,792	8,976	10,101	3,110	2,341	1,425	1,430	1,297	1,046	-	-	8,200	12,210	12,150	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	954,565	1.1m	998,638	894,164	809,230	712,538	614,444	511,920	417,424	313,106	236,743	148,789	131,162	424,435	434,751	314,782	240,793	170,067
Equity`10/15`	927,850	1.1m	978,658	879,724	785,930	689,665	597,666	504,755	399,431	299,052	223,606	120,148	19,054	20,819	221,231	310,510	207,502	100,563
Contributions`10/11`	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Reserves`13`	915,450	1.1m	966,258	867,324	773,530	677,265	585,266	387,031	387,031	286,652	211,206	107,748	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	1,860	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	913,590	1.1m	964,398	865,464	771,670	675,405	583,406	385,171	385,171	284,792	209,346	105,888	-	-	-	-	-	-
Profit (loss) carried forward`14`	-	-	-	-	-	-	-	105,325	-	-	-	-	4,794	6,559	206,971	296,250	193,242	86,303
Amounts payable`17/49`	26,715	32,422	19,980	14,440	23,300	22,873	16,778	7,164	17,993	14,053	13,138	28,641	112,108	403,616	213,520	4,272	33,291	69,504
Amounts payable within one year`42/48`	26,715	32,422	19,980	14,440	23,300	22,873	16,778	7,164	17,993	14,053	13,138	28,641	112,108	403,616	213,338	4,272	33,291	69,504
Trade debts`44`	1,101	10,106	5,944	3,185	328	1,548	4,143	530	965	422	464	547	1,265	103	8	513	-	1,075
Suppliers`440/4`	1,101	10,106	5,944	3,185	328	1,548	4,143	530	965	422	464	547	1,265	103	8	513	-	1,075
Taxes, remuneration and social security`45`	23,251	19,795	12,436	9,655	21,372	20,526	12,067	-	14,551	4,596	4,809	23,657	33,566	143,347	63,330	3,759	-	-
Taxes`450/3`	23,251	19,795	12,436	9,655	21,372	20,526	12,067	-	14,551	4,596	4,809	23,657	33,566	143,347	63,330	3,759	-	-
Other amounts payable`47/48`	2,364	2,521	1,600	1,600	1,600	800	568	6,634	2,476	9,035	7,865	4,438	77,277	260,166	150,000	-	33,291	68,429
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	182	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,619	-
Gross operating margin`9900`	176,666	180,037	158,426	151,609	155,460	137,778	143,013	145,393	169,000	136,731	164,983	176,721	152,714	173,877	163,793	153,995	153,846	127,442
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	12,719	13,692	16,066	15,636	15,282	16,146	8,129	3,893	3,534	3,398	6,648	5,307	4,091	3,815	4,204	5,182	5,355	6,239
Other operating charges`640/8`	2,683	2,863	1,411	877	1,231	1,992	645	754	695	624	1,018	1,252	1,202	832	645	1,096	996	1,401
Operating profit (loss)`9901`	161,264	163,482	140,948	135,097	138,947	119,640	134,240	140,746	164,772	132,709	157,318	170,161	147,421	169,230	158,944	147,717	147,495	119,802
Financial income`75/76B`	3,227	2,487	1,120	557	829	12,325	1,181	416	738	334	474	821	534	5,988	4,484	3,366	4,221	1,529
Recurring financial income`75`	3,227	2,487	1,120	557	829	12,325	1,181	416	738	334	474	821	534	5,988	4,484	3,366	4,221	1,529
Financial charges`65/66B`	700	583	613	604	539	463	495	432	495	422	479	2,482	789	7	373	192	603	148
Recurring financial charges`65`	700	583	613	604	539	463	495	432	495	422	479	2,482	789	7	373	192	603	148
Profit (loss) for the period before taxes`9903`	163,790	165,386	141,456	135,049	139,237	131,502	134,926	140,731	165,015	132,620	157,312	168,500	147,166	175,211	163,055	150,891	158,732	121,183
Income taxes`67/77`	53,584	49,481	42,522	39,655	41,372	38,704	41,203	34,766	64,637	57,174	53,855	67,406	48,931	58,244	52,334	47,883	51,793	37,487
Profit (loss) for the period`9904`	110,206	115,905	98,934	95,394	97,865	92,798	93,723	105,965	100,378	75,446	103,458	101,094	98,235	116,967	110,721	103,008	106,939	83,696
Profit (loss) for the period to be appropriated`9905`	110,206	115,905	98,934	95,394	97,865	92,798	93,723	105,965	100,378	75,446	103,458	101,094	98,235	116,967	110,721	103,008	106,939	83,696
Appropriation of the result
Profit (loss) to be appropriated`9906`	110,206	115,905	98,934	95,394	97,865	92,798	199,048	105,965	100,378	75,446	103,458	105,888	104,794	306,559	406,971	296,250	193,242	86,303
Transfer from equity`791/2`	276,919	-	-	1,600	1,600	800	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	110,206	115,905	98,934	95,394	97,865	92,798	198,236	-	100,378	75,446	103,458	105,888	-	-	-	-	-	-
To other reserves`6921`	110,206	115,905	98,934	95,394	97,865	92,798	198,236	-	100,378	75,446	103,458	105,888	-	-	-	-	-	-
Profit to be distributed`694/7`	276,919	-	-	1,600	1,600	800	812	640	-	-	-	-	100,000	300,000	200,000	-	-	-
Return on contributions (dividend)`694`	276,919	-	-	1,600	1,600	800	812	640	-	-	-	-	100,000	300,000	200,000	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	30-09-2026	2026-00550737	PDF
31-12-2024	micro format	31-08-2025	2025-00461458	PDF
31-12-2023	micro format	31-08-2024	2024-00454724	PDF
31-12-2022	micro format	30-09-2023	2023-00473149	PDF
31-12-2021	micro format	07-07-2022	2022-20162918	PDF
31-12-2020	micro format	16-08-2021	2021-50400387	PDF
31-12-2019	micro format	31-08-2020	2020-50600455	PDF
31-12-2018	micro format	30-08-2019	2019-59000167	PDF
31-12-2017	micro format	30-08-2018	2018-61300035	PDF
31-12-2016	micro format	31-08-2017	2017-56300499	PDF
31-12-2015	full format	30-08-2016	2016-56500531	PDF
31-12-2014	full format	28-08-2015	2015-53500399	PDF
31-12-2013	full format	26-08-2014	2014-47700007	PDF
31-12-2012	full format	17-07-2013	2013-32600140	PDF
31-12-2011	full format	12-10-2012	2012-61000250	PDF
31-12-2010	full format	30-09-2011	2011-56900511	PDF
31-12-2009	full format	31-08-2010	2010-50600123	PDF
31-12-2008	full format	25-08-2009	2009-63000290	PDF
31-12-2007	full format	19-12-2008	2008-86500201	PDF
31-12-2006	full format	29-08-2007	2007-62900363	PDF
31-12-2005	full format	22-08-2006	2006-65401780	PDF
31-12-2004	full format	13-09-2005	2005-67604292	PDF
31-12-2003	full format	03-08-2004	2004-57802116	PDF
31-12-2002	full format	30-09-2003	2003-70303585	PDF
31-12-2001	full format	03-10-2002	2002-62402792	PDF
31-12-2000	full format	06-11-2001	2001-68200995	PDF
31-12-1999	full format	30-10-2000	2000-69304312	PDF
31-12-1998	full format	10-12-1999	1999-62303651	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
EBITDA	173,983	177,174	157,015	150,732	154,230	135,786	142,368	144,639	168,306	136,107	163,965	175,468	151,512	173,045	163,148	152,899	152,850	126,041
Cash flow	122,926	129,597	115,001	111,029	113,148	108,944	101,852	109,857	103,912	78,845	110,106	106,401	102,326	120,782	114,925	108,190	112,294	89,935
Investment in fixed assets	2,709	3,501	2,234	5,525	3,165	287	315,538	4,830	6,433	2,768	7,544	4,347	3,516	10,000	2,071	1,476	535	2,386
Change in cash	-163,331	137,969	120,478	109,507	111,828	352,202	-444,106	79,328	101,424	83,437	86,807	13,845	-292,436	76,516	69,481	55,635	76,318	-
Working capital	684,547	841,250	715,154	602,387	498,482	390,099	277,718	492,216	387,829	290,350	214,273	111,711	9,659	10,849	217,628	304,592	197,878	86,119
Solvency	97.2%	97.1%	98.0%	98.4%	97.1%	96.8%	97.3%	98.6%	95.7%	95.5%	94.5%	80.8%	14.5%	4.9%	50.9%	98.6%	86.2%	59.1%
Current ratio	26.62	26.95	36.79	42.72	22.39	18.05	17.55	69.70	22.55	21.66	17.31	4.90	1.09	1.03	2.02	72.30	6.94	2.24
Debt to equity	0.03	0.03	0.02	0.02	0.03	0.03	0.03	0.01	0.05	0.05	0.06	0.24	5.88	19.39	0.97	0.01	0.16	0.69
ROE	11.9%	10.6%	10.1%	10.8%	12.5%	13.5%	15.7%	21.0%	25.1%	25.2%	46.3%	84.1%	515.6%	561.8%	50.0%	33.2%	51.5%	83.2%
ROA	11.5%	10.3%	9.9%	10.7%	12.1%	13.0%	15.3%	20.7%	24.0%	24.1%	43.7%	67.9%	74.9%	27.6%	25.5%	32.7%	44.4%	49.2%
Interest coverage	over 100	over 100	over 100	over 100	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€2,709	€3,501	€2,234	€5,525	€3,165
Depreciation and write-downs of the year	€12,719	€13,692	€16,066	€15,636	€15,282

FLORY

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Filed annual accounts

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Key figures and ratios

Investments

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