FLEMING CORPORATION: 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.
FLEMING CORPORATION
Largest movements
- Cash -€83,729
down €83,729 (-65.9%), from €127,002 to €43,274
mainly Other debts (-€89,419) and Investment in fixed assets (net) (-€35,926)
- Tangible fixed assets -€27,696
down €27,696 (-2.9%), from €951,579 to €923,882
- Receivables within one year +€18,775
up €18,775 (+76.9%), from €24,426 to €43,201
of which Other amounts receivable: +€22,714
- Stocks and contracts +€11,984
up €11,984 (+63.5%), from €18,876 to €30,860
- Other debts -€89,419
down €89,419 (-95.6%), from €93,528 to €4,109
- Trade debts +€41,011
up €41,011 (+567%), from €7,228 to €48,239
- Tax, wage and social debts -€21,041
down €21,041 (-75.5%), from €27,876 to €6,836
of which Taxes: -€21,608
- Gross operating margin -€585,562
down €585,562 (-86.3%), from €678,834 to €93,272
- Financial charges -€22,539
down €22,539 (-86.5%), from €26,058 to €3,518
- Other operating charges -€9,620
down €9,620 (-47.4%), from €20,290 to €10,670
- Taxes -€7,373
down €7,373 (-55.9%), from €13,187 to €5,813
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 | €1,127,236 | €1,044,954 | -€82,281 | -7.3% |
| Fixed assets | 21/28 | €952,163 | €924,466 | -€27,696 | -2.9% |
| Tangible fixed assets | 22/27 | €951,579 | €923,882 | -€27,696 | -2.9% |
| Land and buildings | 22 | €926,705 | €917,905 | -€8,800 | -0.9% |
| Plant, machinery and equipment | 23 | €4,084 | €2,117 | -€1,967 | -48.2% |
| Furniture and vehicles | 24 | €13,015 | - | -€13,015 | |
| Other tangible fixed assets | 26 | €7,774 | €3,860 | -€3,914 | -50.3% |
| Financial fixed assets | 28 | €584 | €584 | = | 0.0% |
| Current assets | 29/58 | €175,073 | €120,488 | -€54,585 | -31.2% |
| Stocks and contracts in progress | 3 | €18,876 | €30,860 | +€11,984 | +63.5% |
| Stocks | 30/36 | €18,876 | €30,860 | +€11,984 | +63.5% |
| Amounts receivable within one year | 40/41 | €24,426 | €43,201 | +€18,775 | +76.9% |
| Trade receivables | 40 | €11,518 | €7,579 | -€3,939 | -34.2% |
| Other amounts receivable | 41 | €12,908 | €35,622 | +€22,714 | +176% |
| Cash at bank and in hand | 54/58 | €127,002 | €43,274 | -€83,729 | -65.9% |
| Deferred charges and accrued income | 490/1 | €4,769 | €3,154 | -€1,615 | -33.9% |
| Total equity and liabilities | 10/49 | €1,127,236 | €1,044,954 | -€82,281 | -7.3% |
| Equity | 10/15 | €810,117 | €813,336 | +€3,219 | +0.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €791,567 | €794,786 | +€3,219 | +0.4% |
| Tax-exempt reserves | 132 | €401,353 | €392,987 | -€8,366 | -2.1% |
| Distributable reserves | 133 | €390,214 | €401,799 | +€11,585 | +3.0% |
| Provisions and deferred taxes | 16 | €133,784 | €130,996 | -€2,789 | -2.1% |
| Deferred taxes | 168 | €133,784 | €130,996 | -€2,789 | -2.1% |
| Amounts payable | 17/49 | €183,334 | €100,623 | -€82,711 | -45.1% |
| Amounts payable after more than one year | 17 | €38,148 | €30,046 | -€8,103 | -21.2% |
| Financial debts | 170/4 | €38,148 | €30,046 | -€8,103 | -21.2% |
| Amounts payable within one year | 42/48 | €145,186 | €67,286 | -€77,900 | -53.7% |
| Current portion of amounts payable after more than one year | 42 | €16,554 | €8,103 | -€8,452 | -51.1% |
| Trade debts | 44 | €7,228 | €48,239 | +€41,011 | +567% |
| Suppliers | 440/4 | €7,228 | €48,239 | +€41,011 | +567% |
| Taxes, remuneration and social security | 45 | €27,876 | €6,836 | -€21,041 | -75.5% |
| Taxes | 450/3 | €27,876 | €6,268 | -€21,608 | -77.5% |
| Remuneration and social security | 454/9 | - | €567 | +€567 | |
| Other amounts payable | 47/48 | €93,528 | €4,109 | -€89,419 | -95.6% |
| Accrued charges and deferred income | 492/3 | - | €3,292 | +€3,292 | |
| Remuneration, social security and pensions | 62 | €7,868 | €9,767 | +€1,900 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,558 | €63,623 | +€65 | +0.1% |
| Other operating charges | 640/8 | €20,290 | €10,670 | -€9,620 | -47.4% |
| Gross operating margin | 9900 | €678,834 | €93,272 | -€585,562 | -86.3% |
| Operating profit (loss) | 9901 | €587,118 | €9,212 | -€577,906 | -98.4% |
| Financial income | 75/76B | €179 | €550 | +€371 | +207% |
| Recurring financial income | 75 | €179 | €550 | +€371 | +207% |
| Financial charges | 65/66B | €26,058 | €3,518 | -€22,539 | -86.5% |
| Recurring financial charges | 65 | €26,058 | €3,518 | -€22,539 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €561,240 | €6,244 | -€554,996 | -98.9% |
| Transfer from deferred taxes | 780 | €1,877 | €2,789 | +€911 | +48.6% |
| Transfer to deferred taxes | 680 | €135,662 | - | -€135,662 | |
| Income taxes | 67/77 | €13,187 | €5,813 | -€7,373 | -55.9% |
| Profit (loss) for the period | 9904 | €414,269 | €3,219 | -€411,050 | -99.2% |
| Transfer from tax-exempt reserves | 789 | €5,632 | €8,366 | +€2,734 | +48.6% |
| Transfer to tax-exempt reserves | 689 | €406,985 | - | -€406,985 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,916 | €11,585 | -€1,330 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.