BELFLEUR FLOWERS: what changed
What changed
BELFLEUR FLOWERS
NACE 46.220, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€45,414
2025 · €182,465-€137,051
Equity
€1.5m
2025 · €1.5m
Cash
€678,785
2025 · €759,643-€80,858
Balance sheet total
€2.2m
2025 · €2.4m-€239,958
Largest movements
Assets
- Cash -€80,858
down €80,858 (-10.6%), from €759,643 to €678,785
mainly Other debts (-€204,586) and Contributions, distributions and other (-€45,414)
- Tangible fixed assets -€62,020
down €62,020 (-40.9%), from €151,695 to €89,674
of which Leasing and similar rights: -€41,353
- Stocks and contracts -€54,931
down €54,931 (-19.2%), from €286,481 to €231,550
- Receivables within one year -€43,771
down €43,771 (-4.2%), from €1.1m to €1.0m
of which Trade receivables: -€64,808
Equity and liabilities
- Other debts -€204,586
down €204,586 (-81.8%), from €250,000 to €45,414
- Trade debts -€25,222
down €25,222 (-5.6%), from €454,093 to €428,871
Income statement
- Write-downs -€539,378
down €539,378, from €46,691 to -€492,687
- Other operating charges +€503,065
up €503,065 (+5,716%), from €8,802 to €511,867
- Financial income -€152,855
down €152,855 (-92.9%), from €164,592 to €11,737
of which Financial income: -€154,082
- Staff costs +€123,827
up €123,827 (+21.8%), from €568,685 to €692,512
- Gross operating margin +€112,383
up €112,383 (+15.4%), from €728,392 to €840,775
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€182,465
Gross operating margin
+€112,383
Staff costs
-€123,827
Depreciation
+€14,074
Write-downs
+€539,378
Other operating charges
-€503,065
Other operating items
-€28,226
Financial income
-€152,855
Financial charges
+€3,637
Taxes
+€1,448
Result 2026
€45,414
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€29,725
Investment
+€25,459
Financing
-€76,592
Cash 2025
€759,643
From operations (derived)
-€29,725
Net result for the year
+€45,414
Depreciation
+€33,049
Stocks and contracts
+€54,931
Receivables within one year
+€43,771
Deferred charges and accrued income
+€1,891
Trade debts
-€25,222
Tax, wage and social debts
+€18,055
Other debts
-€204,586
Accrued charges and deferred income
+€2,974
Investment (derived)
+€25,459
Investment in fixed assets (net)
+€28,972
Current investments
-€3,513
Financing
-€76,592
Debts after one year
-€13,362
Current portion of long-term debt
-€17,816
Contributions, distributions and other
-€45,414
Cash 2026
€678,785
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,391,494 | €2,151,536 | -€239,958 | -10.0% |
| Fixed assets | 21/28 | €197,062 | €135,041 | -€62,020 | -31.5% |
| Tangible fixed assets | 22/27 | €151,695 | €89,674 | -€62,020 | -40.9% |
| Plant, machinery and equipment | 23 | €107,656 | €89,674 | -€17,982 | -16.7% |
| Furniture and vehicles | 24 | €2,686 | €0 | -€2,686 | -100% |
| Leasing and similar rights | 25 | €41,353 | €0 | -€41,353 | -100% |
| Financial fixed assets | 28 | €45,367 | €45,367 | = | 0.0% |
| Current assets | 29/58 | €2,194,432 | €2,016,494 | -€177,938 | -8.1% |
| Stocks and contracts in progress | 3 | €286,481 | €231,550 | -€54,931 | -19.2% |
| Stocks | 30/36 | €286,481 | €231,550 | -€54,931 | -19.2% |
| Amounts receivable within one year | 40/41 | €1,051,430 | €1,007,659 | -€43,771 | -4.2% |
| Trade receivables | 40 | €950,188 | €885,380 | -€64,808 | -6.8% |
| Other amounts receivable | 41 | €101,242 | €122,279 | +€21,037 | +20.8% |
| Current investments | 50/53 | €86,992 | €90,505 | +€3,513 | +4.0% |
| Cash at bank and in hand | 54/58 | €759,643 | €678,785 | -€80,858 | -10.6% |
| Deferred charges and accrued income | 490/1 | €9,887 | €7,995 | -€1,891 | -19.1% |
| Total equity and liabilities | 10/49 | €2,391,494 | €2,151,536 | -€239,958 | -10.0% |
| Equity | 10/15 | €1,549,485 | €1,549,485 | = | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,487,485 | €1,487,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,037 | €55,037 | = | 0.0% |
| Distributable reserves | 133 | €1,426,249 | €1,426,249 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €842,009 | €602,050 | -€239,958 | -28.5% |
| Amounts payable after more than one year | 17 | €13,362 | €0 | -€13,362 | -100% |
| Financial debts | 170/4 | €13,362 | €0 | -€13,362 | -100% |
| Amounts payable within one year | 42/48 | €823,594 | €594,024 | -€229,570 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €17,816 | €0 | -€17,816 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €454,093 | €428,871 | -€25,222 | -5.6% |
| Suppliers | 440/4 | €454,093 | €428,871 | -€25,222 | -5.6% |
| Taxes, remuneration and social security | 45 | €101,685 | €119,740 | +€18,055 | +17.8% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €101,685 | €119,740 | +€18,055 | +17.8% |
| Other amounts payable | 47/48 | €250,000 | €45,414 | -€204,586 | -81.8% |
| Accrued charges and deferred income | 492/3 | €5,053 | €8,026 | +€2,974 | +58.9% |
| Non-recurring operating income | 76A | €0 | €137 | +€137 | |
| Remuneration, social security and pensions | 62 | €568,685 | €692,512 | +€123,827 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,123 | €33,049 | -€14,074 | -29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,691 | -€492,687 | -€539,378 | |
| Other operating charges | 640/8 | €8,802 | €511,867 | +€503,065 | +5,716% |
| Non-recurring operating charges | 66A | €0 | €28,226 | +€28,226 | |
| Gross operating margin | 9900 | €728,392 | €840,775 | +€112,383 | +15.4% |
| Operating profit (loss) | 9901 | €57,092 | €67,810 | +€10,718 | +18.8% |
| Financial income | 75/76B | €164,592 | €11,737 | -€152,855 | -92.9% |
| Recurring financial income | 75 | €164,592 | €10,510 | -€154,082 | -93.6% |
| Non-recurring financial income | 76B | - | €1,228 | +€1,228 | |
| Financial charges | 65/66B | €21,772 | €18,135 | -€3,637 | -16.7% |
| Recurring financial charges | 65 | €21,772 | €18,135 | -€3,637 | -16.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €199,912 | €61,412 | -€138,500 | -69.3% |
| Income taxes | 67/77 | €17,447 | €15,998 | -€1,448 | -8.3% |
| Profit (loss) for the period | 9904 | €182,465 | €45,414 | -€137,051 | -75.1% |
| Profit (loss) for the period to be appropriated | 9905 | €182,465 | €45,414 | -€137,051 | -75.1% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.