Fiorito: 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.
Fiorito
Largest movements
- Receivables within one year -€72,093
down €72,093 (-85.4%), from €84,434 to €12,341
of which Other amounts receivable: -€62,544
- Tangible fixed assets +€18,199
up €18,199 (+2.0%), from €903,069 to €921,269
of which Furniture and vehicles: +€31,072
- Other debts +€79,228
up €79,228 (+1,337%), from €5,928 to €85,156
- Reserves -€76,813
down €76,813 (-17.4%), from €441,577 to €364,764
of which Distributable reserves: -€76,813
- Debts after one year -€65,397
down €65,397 (-13.9%), from €468,859 to €403,462
of which Financial debts: -€65,397
- Depreciation -€16,984
down €16,984 (-47.4%), from €35,810 to €18,826
- Taxes +€7,402
up €7,402 (+64.7%), from €11,444 to €18,846
- Financial charges -€6,411
down €6,411 (-28.7%), from €22,313 to €15,901
- Gross operating margin +€6,168
up €6,168 (+3.9%), from €158,802 to €164,970
- Other operating charges -€2,145
down €2,145 (-24.5%), from €8,758 to €6,614
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.
Derived cash bridge
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 | €1,042,735 | €986,392 | -€56,342 | -5.4% |
| Fixed assets | 21/28 | €905,283 | €922,235 | +€16,951 | +1.9% |
| Intangible fixed assets | 21 | €2,174 | €926 | -€1,248 | -57.4% |
| Tangible fixed assets | 22/27 | €903,069 | €921,269 | +€18,199 | +2.0% |
| Land and buildings | 22 | €185,116 | €175,929 | -€9,187 | -5.0% |
| Plant, machinery and equipment | 23 | €7,071 | €4,966 | -€2,104 | -29.8% |
| Furniture and vehicles | 24 | €14,779 | €45,851 | +€31,072 | +210% |
| Other tangible fixed assets | 26 | €696,103 | €694,521 | -€1,582 | -0.2% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €137,452 | €64,158 | -€73,294 | -53.3% |
| Stocks and contracts in progress | 3 | €43,105 | €42,533 | -€572 | -1.3% |
| Stocks | 30/36 | €43,105 | €42,533 | -€572 | -1.3% |
| Amounts receivable within one year | 40/41 | €84,434 | €12,341 | -€72,093 | -85.4% |
| Trade receivables | 40 | €15,679 | €6,130 | -€9,550 | -60.9% |
| Other amounts receivable | 41 | €68,754 | €6,211 | -€62,544 | -91.0% |
| Cash at bank and in hand | 54/58 | €5,288 | €3,353 | -€1,935 | -36.6% |
| Deferred charges and accrued income | 490/1 | €4,624 | €5,931 | +€1,306 | +28.2% |
| Total equity and liabilities | 10/49 | €1,042,735 | €986,392 | -€56,342 | -5.4% |
| Equity | 10/15 | €460,177 | €385,187 | -€74,991 | -16.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €441,577 | €364,764 | -€76,813 | -17.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €441,577 | €364,764 | -€76,813 | -17.4% |
| Profit (loss) carried forward | 14 | - | €1,822 | +€1,822 | |
| Amounts payable | 17/49 | €582,557 | €601,206 | +€18,648 | +3.2% |
| Amounts payable after more than one year | 17 | €468,859 | €403,462 | -€65,397 | -13.9% |
| Financial debts | 170/4 | €466,504 | €401,107 | -€65,397 | -14.0% |
| Other amounts payable | 178/9 | €2,355 | €2,355 | = | 0.0% |
| Amounts payable within one year | 42/48 | €112,048 | €196,313 | +€84,264 | +75.2% |
| Current portion of amounts payable after more than one year | 42 | €63,607 | €65,397 | +€1,789 | +2.8% |
| Trade debts | 44 | €26,849 | €25,726 | -€1,124 | -4.2% |
| Suppliers | 440/4 | €26,849 | €25,726 | -€1,124 | -4.2% |
| Taxes, remuneration and social security | 45 | €15,664 | €20,035 | +€4,370 | +27.9% |
| Taxes | 450/3 | €8,738 | €7,926 | -€812 | -9.3% |
| Remuneration and social security | 454/9 | €6,926 | €12,108 | +€5,182 | +74.8% |
| Other amounts payable | 47/48 | €5,928 | €85,156 | +€79,228 | +1,337% |
| Accrued charges and deferred income | 492/3 | €1,650 | €1,430 | -€220 | -13.3% |
| Remuneration, social security and pensions | 62 | €40,955 | €40,679 | -€276 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,810 | €18,826 | -€16,984 | -47.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,692 | +€1,692 | |
| Other operating charges | 640/8 | €8,758 | €6,614 | -€2,145 | -24.5% |
| Non-recurring operating charges | 66A | - | €600 | +€600 | |
| Gross operating margin | 9900 | €158,802 | €164,970 | +€6,168 | +3.9% |
| Operating profit (loss) | 9901 | €73,278 | €96,559 | +€23,281 | +31.8% |
| Financial income | 75/76B | €1,453 | €11 | -€1,442 | -99.3% |
| Recurring financial income | 75 | €1,453 | €11 | -€1,442 | -99.3% |
| Financial charges | 65/66B | €22,313 | €15,901 | -€6,411 | -28.7% |
| Recurring financial charges | 65 | €22,313 | €15,901 | -€6,411 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €52,419 | €80,668 | +€28,249 | +53.9% |
| Income taxes | 67/77 | €11,444 | €18,846 | +€7,402 | +64.7% |
| Profit (loss) for the period | 9904 | €40,975 | €61,822 | +€20,847 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,975 | €61,822 | +€20,847 | +50.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.