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 -€6,223
down €6,223 (-25.3%), from €24,549 to €18,326
of which Furniture and vehicles: -€4,623
- Receivables within one year -€4,351
down €4,351 (-62.3%), from €6,984 to €2,633
of which Trade receivables: -€4,232
- Cash -€3,939
down €3,939 (-48.2%), from €8,164 to €4,225
mainly Net result for the year (-€7,530) and Trade debts (-€3,196)
- Deferred charges and accrued income -€647
no longer reported in 2025 (was €647)
- Profit (loss) carried forward -€7,530
down €7,530 (-43.2%), from -€17,412 to -€24,942
- Trade debts -€3,196
no longer reported in 2025 (was €3,196)
- Debts after one year -€2,948
down €2,948 (-13.6%), from €21,700 to €18,752
- Tax, wage and social debts -€2,000
no longer reported in 2025 (was €2,000)
- Depreciation +€3,493
up €3,493 (+128.0%), from €2,730 to €6,223
- Staff costs -€2,867
down €2,867 (-92.8%), from €3,089 to €222
- Gross operating margin +€2,381
up €2,381, from -€535 to €1,846
- Financial charges +€1,697
up €1,697 (+243.0%), from €698 to €2,395
- Other operating charges +€536
new in 2025: €536
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 | €40,345 | €25,185 | -€15,160 | -37.6% |
| Fixed assets | 21/28 | €24,549 | €18,326 | -€6,223 | -25.3% |
| Tangible fixed assets | 22/27 | €24,549 | €18,326 | -€6,223 | -25.3% |
| Plant, machinery and equipment | 23 | €2,564 | €964 | -€1,600 | -62.4% |
| Furniture and vehicles | 24 | €21,985 | €17,362 | -€4,623 | -21.0% |
| Current assets | 29/58 | €15,796 | €6,859 | -€8,937 | -56.6% |
| Amounts receivable within one year | 40/41 | €6,984 | €2,633 | -€4,351 | -62.3% |
| Trade receivables | 40 | €5,442 | €1,210 | -€4,232 | -77.8% |
| Other amounts receivable | 41 | €1,543 | €1,423 | -€119 | -7.7% |
| Cash at bank and in hand | 54/58 | €8,164 | €4,225 | -€3,939 | -48.2% |
| Deferred charges and accrued income | 490/1 | €647 | - | -€647 | |
| Total equity and liabilities | 10/49 | €40,345 | €25,185 | -€15,160 | -37.6% |
| Equity | 10/15 | -€9,352 | -€16,882 | -€7,530 | -80.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,412 | -€24,942 | -€7,530 | -43.2% |
| Amounts payable | 17/49 | €49,697 | €42,067 | -€7,629 | -15.4% |
| Amounts payable after more than one year | 17 | €21,700 | €18,752 | -€2,948 | -13.6% |
| Financial debts | 170/4 | €21,700 | €18,752 | -€2,948 | -13.6% |
| Amounts payable within one year | 42/48 | €27,997 | €23,316 | -€4,681 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €2,672 | €2,948 | +€277 | +10.4% |
| Trade debts | 44 | €3,196 | - | -€3,196 | |
| Suppliers | 440/4 | €3,196 | - | -€3,196 | |
| Taxes, remuneration and social security | 45 | €2,000 | - | -€2,000 | |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €20,129 | €20,367 | +€239 | +1.2% |
| Remuneration, social security and pensions | 62 | €3,089 | €222 | -€2,867 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,730 | €6,223 | +€3,493 | +128.0% |
| Other operating charges | 640/8 | - | €536 | +€536 | |
| Gross operating margin | 9900 | -€535 | €1,846 | +€2,381 | |
| Operating profit (loss) | 9901 | -€6,354 | -€5,135 | +€1,219 | +19.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €698 | €2,395 | +€1,697 | +243.0% |
| Recurring financial charges | 65 | €698 | €2,395 | +€1,697 | +243.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,052 | -€7,530 | -€478 | -6.8% |
| Profit (loss) for the period | 9904 | -€7,052 | -€7,530 | -€478 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,052 | -€7,530 | -€478 | -6.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.