FLEUR 2000: 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.
FLEUR 2000
Largest movements
- Tangible fixed assets +€403,815
up €403,815 (+56.8%), from €711,171 to €1.1m
of which Land and buildings: +€423,725
- Cash -€241,766
down €241,766 (-70.8%), from €341,647 to €99,880
mainly Investment in fixed assets (net) (-€484,943) and Receivables after one year (-€210,000)
- Receivables after one year +€210,000
new in 2025: €210,000
- Current investments -€137,419
no longer reported in 2025 (was €137,419)
- Receivables within one year +€51,303
up €51,303 (+544.8%), from €9,417 to €60,720
- Profit (loss) carried forward +€282,629
up €282,629 (+3104.8%), from €9,103 to €291,732
- Reserves -€104,000
down €104,000 (-10.3%), from €1.0m to €905,900
- Debts after one year +€78,023
up €78,023 (+49.6%), from €157,268 to €235,290
- Trade debts +€20,923
up €20,923 (+98.3%), from €21,278 to €42,201
- Gross operating margin +€28,568
up €28,568 (+4.2%), from €674,808 to €703,376
- Taxes -€19,045
down €19,045 (-16.7%), from €114,305 to €95,261
- Staff costs +€14,233
up €14,233 (+6.5%), from €218,026 to €232,259
- Depreciation -€9,179
down €9,179 (-10.2%), from €90,307 to €81,128
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 | €1,241,332 | €1,532,015 | +€290,683 | +23.4% |
| Fixed assets | 21/28 | €735,499 | €1,139,315 | +€403,815 | +54.9% |
| Tangible fixed assets | 22/27 | €711,171 | €1,114,986 | +€403,815 | +56.8% |
| Land and buildings | 22 | €651,787 | €1,075,511 | +€423,725 | +65.0% |
| Plant, machinery and equipment | 23 | €539 | €339 | -€200 | -37.1% |
| Furniture and vehicles | 24 | €55,358 | €36,567 | -€18,791 | -33.9% |
| Other tangible fixed assets | 26 | €3,487 | €2,568 | -€918 | -26.3% |
| Financial fixed assets | 28 | €24,329 | €24,329 | = | 0.0% |
| Current assets | 29/58 | €505,833 | €392,700 | -€113,133 | -22.4% |
| Amounts receivable after more than one year | 29 | - | €210,000 | +€210,000 | |
| Other amounts receivable | 291 | - | €210,000 | +€210,000 | |
| Stocks and contracts in progress | 3 | €8,673 | €13,024 | +€4,351 | +50.2% |
| Stocks | 30/36 | €8,673 | €13,024 | +€4,351 | +50.2% |
| Amounts receivable within one year | 40/41 | €9,417 | €60,720 | +€51,303 | +544.8% |
| Other amounts receivable | 41 | €9,417 | €60,720 | +€51,303 | +544.8% |
| Current investments | 50/53 | €137,419 | - | -€137,419 | |
| Cash at bank and in hand | 54/58 | €341,647 | €99,880 | -€241,766 | -70.8% |
| Deferred charges and accrued income | 490/1 | €8,678 | €9,076 | +€398 | +4.6% |
| Total equity and liabilities | 10/49 | €1,241,332 | €1,532,015 | +€290,683 | +23.4% |
| Equity | 10/15 | €1,026,003 | €1,204,632 | +€178,629 | +17.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €1,009,900 | €905,900 | -€104,000 | -10.3% |
| Distributable reserves | 133 | €1,009,900 | €905,900 | -€104,000 | -10.3% |
| Profit (loss) carried forward | 14 | €9,103 | €291,732 | +€282,629 | +3104.8% |
| Amounts payable | 17/49 | €215,329 | €327,383 | +€112,054 | +52.0% |
| Amounts payable after more than one year | 17 | €157,268 | €235,290 | +€78,023 | +49.6% |
| Financial debts | 170/4 | €157,268 | €235,290 | +€78,023 | +49.6% |
| Amounts payable within one year | 42/48 | €58,062 | €92,093 | +€34,031 | +58.6% |
| Current portion of amounts payable after more than one year | 42 | €6,642 | €17,395 | +€10,753 | +161.9% |
| Trade debts | 44 | €21,278 | €42,201 | +€20,923 | +98.3% |
| Suppliers | 440/4 | €21,278 | €42,201 | +€20,923 | +98.3% |
| Taxes, remuneration and social security | 45 | €30,141 | €31,697 | +€1,556 | +5.2% |
| Taxes | 450/3 | €2,933 | €3,631 | +€698 | +23.8% |
| Remuneration and social security | 454/9 | €27,207 | €28,065 | +€858 | +3.2% |
| Other amounts payable | 47/48 | - | €800 | +€800 | |
| Remuneration, social security and pensions | 62 | €218,026 | €232,259 | +€14,233 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,307 | €81,128 | -€9,179 | -10.2% |
| Other operating charges | 640/8 | €4,303 | €7,269 | +€2,967 | +68.9% |
| Gross operating margin | 9900 | €674,808 | €703,376 | +€28,568 | +4.2% |
| Operating profit (loss) | 9901 | €362,173 | €382,720 | +€20,547 | +5.7% |
| Financial income | 75/76B | €2,152 | €5,076 | +€2,924 | +135.9% |
| Recurring financial income | 75 | €2,152 | €5,076 | +€2,924 | +135.9% |
| Financial charges | 65/66B | €7,569 | €9,906 | +€2,337 | +30.9% |
| Recurring financial charges | 65 | €7,569 | €9,906 | +€2,337 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €356,756 | €377,890 | +€21,134 | +5.9% |
| Income taxes | 67/77 | €114,305 | €95,261 | -€19,045 | -16.7% |
| Profit (loss) for the period | 9904 | €242,450 | €282,629 | +€40,179 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €242,450 | €282,629 | +€40,179 | +16.6% |
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.