D.H. FLEURS: what changed
Two fiscal 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.
D.H. FLEURS
Largest movements
- Cash +€2,401
up €2,401 (+1200.5%), from €200 to €2,601
mainly Net result for the year (+€9,730) and Short-term financial debts (+€7,448)
- Receivables within one year -€2,244
down €2,244 (-28.3%), from €7,931 to €5,687
of which Trade receivables: -€2,156
- Tangible fixed assets -€382
down €382 (-42.0%), from €909 to €527
- Profit (loss) carried forward +€9,730
up €9,730 (+5.0%), from -€193,828 to -€184,098
- Other debts -€7,511
down €7,511 (-11.9%), from €63,172 to €55,661
- Short-term financial debts +€7,448
up €7,448 (+279.9%), from €2,661 to €10,109
- Tax, wage and social debts -€5,198
down €5,198 (-27.5%), from €18,903 to €13,705
- Current portion of long-term debt -€3,827
no longer reported in 2025 (was €3,827)
- Depreciation -€37,053
down €37,053 (-99.0%), from €37,435 to €382
- Gross operating margin +€4,826
up €4,826 (+38.8%), from €12,438 to €17,264
- Other operating charges -€978
down €978 (-41.5%), from €2,355 to €1,377
- Financial charges -€571
down €571 (-26.6%), from €2,147 to €1,576
- Taxes -€513
down €513 (-10.9%), from €4,713 to €4,200
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 | €9,199 | €8,984 | -€215 | -2.3% |
| Fixed assets | 21/28 | €909 | €527 | -€382 | -42.0% |
| Tangible fixed assets | 22/27 | €909 | €527 | -€382 | -42.0% |
| Furniture and vehicles | 24 | €909 | €527 | -€382 | -42.0% |
| Current assets | 29/58 | €8,290 | €8,457 | +€167 | +2.0% |
| Amounts receivable within one year | 40/41 | €7,931 | €5,687 | -€2,244 | -28.3% |
| Trade receivables | 40 | €7,843 | €5,687 | -€2,156 | -27.5% |
| Other amounts receivable | 41 | €88 | - | -€88 | |
| Cash at bank and in hand | 54/58 | €200 | €2,601 | +€2,401 | +1200.5% |
| Deferred charges and accrued income | 490/1 | €159 | €169 | +€10 | +6.3% |
| Total equity and liabilities | 10/49 | €9,199 | €8,984 | -€215 | -2.3% |
| Equity | 10/15 | -€173,377 | -€163,647 | +€9,730 | +5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,828 | -€184,098 | +€9,730 | +5.0% |
| Provisions and deferred taxes | 16 | €91,889 | €91,889 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €91,889 | €91,889 | = | 0.0% |
| Pensions and similar obligations | 160 | €91,889 | €91,889 | = | 0.0% |
| Amounts payable | 17/49 | €90,687 | €80,742 | -€9,945 | -11.0% |
| Amounts payable within one year | 42/48 | €90,687 | €80,742 | -€9,945 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €3,827 | - | -€3,827 | |
| Financial debts | 43 | €2,661 | €10,109 | +€7,448 | +279.9% |
| Credit institutions | 430/8 | €2,661 | €10,109 | +€7,448 | +279.9% |
| Trade debts | 44 | €2,124 | €1,267 | -€857 | -40.3% |
| Suppliers | 440/4 | €2,124 | €1,267 | -€857 | -40.3% |
| Taxes, remuneration and social security | 45 | €18,903 | €13,705 | -€5,198 | -27.5% |
| Taxes | 450/3 | €18,903 | €13,705 | -€5,198 | -27.5% |
| Other amounts payable | 47/48 | €63,172 | €55,661 | -€7,511 | -11.9% |
| Non-recurring operating income | 76A | €7,368 | - | -€7,368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,435 | €382 | -€37,053 | -99.0% |
| Other operating charges | 640/8 | €2,355 | €1,377 | -€978 | -41.5% |
| Gross operating margin | 9900 | €12,438 | €17,264 | +€4,826 | +38.8% |
| Operating profit (loss) | 9901 | -€27,352 | €15,505 | +€42,857 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,147 | €1,576 | -€571 | -26.6% |
| Recurring financial charges | 65 | €2,147 | €1,576 | -€571 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,499 | €13,930 | +€43,429 | |
| Income taxes | 67/77 | €4,713 | €4,200 | -€513 | -10.9% |
| Profit (loss) for the period | 9904 | -€34,212 | €9,730 | +€43,942 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,212 | €9,730 | +€43,942 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.