FIRENZE: 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.
FIRENZE
Largest movements
- Tangible fixed assets -€46,510
down €46,510 (-5.3%), from €871,538 to €825,027
- Debts after one year -€75,873
down €75,873 (-8.0%), from €944,506 to €868,633
- Profit (loss) carried forward +€29,934
up €29,934 (+16.6%), from -€180,009 to -€150,075
- Gross operating margin +€7,812
up €7,812 (+10.0%), from €77,970 to €85,782
- Financial charges -€983
down €983 (-13.0%), from €7,592 to €6,609
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 | €874,126 | €829,748 | -€44,378 | -5.1% |
| Fixed assets | 21/28 | €871,538 | €825,027 | -€46,510 | -5.3% |
| Tangible fixed assets | 22/27 | €871,538 | €825,027 | -€46,510 | -5.3% |
| Land and buildings | 22 | €871,538 | €825,027 | -€46,510 | -5.3% |
| Current assets | 29/58 | €2,589 | €4,721 | +€2,132 | +82.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €2,159 | €4,288 | +€2,130 | +98.6% |
| Deferred charges and accrued income | 490/1 | €430 | €433 | +€3 | +0.7% |
| Total equity and liabilities | 10/49 | €874,126 | €829,748 | -€44,378 | -5.1% |
| Equity | 10/15 | -€157,509 | -€127,575 | +€29,934 | +19.0% |
| Contributions | 10/11 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€180,009 | -€150,075 | +€29,934 | +16.6% |
| Amounts payable | 17/49 | €1,031,636 | €957,324 | -€74,312 | -7.2% |
| Amounts payable after more than one year | 17 | €944,506 | €868,633 | -€75,873 | -8.0% |
| Financial debts | 170/4 | €944,506 | €868,633 | -€75,873 | -8.0% |
| Amounts payable within one year | 42/48 | €87,130 | €88,691 | +€1,561 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €86,874 | €87,873 | +€999 | +1.2% |
| Trade debts | 44 | €239 | €512 | +€273 | +114.3% |
| Suppliers | 440/4 | €239 | €512 | +€273 | +114.3% |
| Other amounts payable | 47/48 | €17 | €306 | +€289 | +1665.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,093 | €46,510 | -€583 | -1.2% |
| Other operating charges | 640/8 | €2,082 | €2,746 | +€664 | +31.9% |
| Gross operating margin | 9900 | €77,970 | €85,782 | +€7,812 | +10.0% |
| Operating profit (loss) | 9901 | €28,795 | €36,526 | +€7,731 | +26.8% |
| Financial income | 75/76B | €2 | €17 | +€15 | +779.2% |
| Recurring financial income | 75 | €2 | €17 | +€15 | +779.2% |
| Financial charges | 65/66B | €7,592 | €6,609 | -€983 | -13.0% |
| Recurring financial charges | 65 | €7,592 | €6,609 | -€983 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €21,205 | €29,934 | +€8,730 | +41.2% |
| Profit (loss) for the period | 9904 | €21,205 | €29,934 | +€8,730 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,205 | €29,934 | +€8,730 | +41.2% |
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 8 October 2026 via checked.be.