Fleur de Safran: 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.
Fleur de Safran
Largest movements
- Receivables within one year +€7,640
up €7,640 (+562%), from €1,360 to €9,000
of which Other amounts receivable: +€9,000
- Cash +€5,265
up €5,265 (+177%), from €2,971 to €8,237
mainly Net result for the year (+€10,076) and Tax, wage and social debts (+€3,763)
- Tangible fixed assets -€1,356
down €1,356 (-36.4%), from €3,727 to €2,371
of which Other tangible fixed assets: -€690
- Stocks and contracts +€889
up €889 (+7.2%), from €12,382 to €13,271
- Profit (loss) carried forward +€10,076
up €10,076, from -€8,751 to €1,326
- Current portion of long-term debt -€4,147
down €4,147 (-100%), from €4,147 to €0
- Tax, wage and social debts +€3,763
up €3,763 (+60.0%), from €6,272 to €10,035
of which Remuneration and social security: +€3,508
- Trade debts +€3,169
up €3,169 (+122%), from €2,593 to €5,762
- Other debts -€792
down €792 (-100%), from €792 to €0
- Staff costs +€22,914
new in 2025: €22,914
- Gross operating margin +€16,806
up €16,806 (+74.0%), from €22,718 to €39,524
- Financial charges +€1,759
up €1,759 (+59.1%), from €2,976 to €4,735
- Depreciation -€1,400
down €1,400 (-50.8%), from €2,756 to €1,356
- Other operating charges -€1,065
down €1,065 (-69.7%), from €1,529 to €463
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 | €20,440 | €33,062 | +€12,622 | +61.8% |
| Fixed assets | 21/28 | €3,727 | €2,371 | -€1,356 | -36.4% |
| Tangible fixed assets | 22/27 | €3,727 | €2,371 | -€1,356 | -36.4% |
| Plant, machinery and equipment | 23 | €666 | €0 | -€666 | -100% |
| Other tangible fixed assets | 26 | €3,061 | €2,371 | -€690 | -22.5% |
| Current assets | 29/58 | €16,713 | €30,691 | +€13,978 | +83.6% |
| Stocks and contracts in progress | 3 | €12,382 | €13,271 | +€889 | +7.2% |
| Stocks | 30/36 | €12,382 | €13,271 | +€889 | +7.2% |
| Amounts receivable within one year | 40/41 | €1,360 | €9,000 | +€7,640 | +562% |
| Trade receivables | 40 | €1,360 | €0 | -€1,360 | -100% |
| Other amounts receivable | 41 | €0 | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €2,971 | €8,237 | +€5,265 | +177% |
| Deferred charges and accrued income | 490/1 | €0 | €184 | +€184 | |
| Total equity and liabilities | 10/49 | €20,440 | €33,062 | +€12,622 | +61.8% |
| Equity | 10/15 | €3,749 | €13,826 | +€10,076 | +269% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,751 | €1,326 | +€10,076 | |
| Amounts payable | 17/49 | €16,690 | €19,236 | +€2,546 | +15.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,690 | €19,236 | +€2,546 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €4,147 | €0 | -€4,147 | -100% |
| Trade debts | 44 | €2,593 | €5,762 | +€3,169 | +122% |
| Suppliers | 440/4 | €2,593 | €5,762 | +€3,169 | +122% |
| Advances received on contracts in progress | 46 | €2,886 | €3,440 | +€553 | +19.2% |
| Taxes, remuneration and social security | 45 | €6,272 | €10,035 | +€3,763 | +60.0% |
| Taxes | 450/3 | €3,772 | €4,027 | +€255 | +6.8% |
| Remuneration and social security | 454/9 | €2,500 | €6,008 | +€3,508 | +140% |
| Other amounts payable | 47/48 | €792 | €0 | -€792 | -100% |
| Remuneration, social security and pensions | 62 | - | €22,914 | +€22,914 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,756 | €1,356 | -€1,400 | -50.8% |
| Other operating charges | 640/8 | €1,529 | €463 | -€1,065 | -69.7% |
| Gross operating margin | 9900 | €22,718 | €39,524 | +€16,806 | +74.0% |
| Operating profit (loss) | 9901 | €18,433 | €14,791 | -€3,643 | -19.8% |
| Financial income | 75/76B | €0 | €21 | +€21 | |
| Recurring financial income | 75 | €0 | €21 | +€21 | |
| Financial charges | 65/66B | €2,976 | €4,735 | +€1,759 | +59.1% |
| Recurring financial charges | 65 | €2,976 | €4,735 | +€1,759 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €15,457 | €10,076 | -€5,381 | -34.8% |
| Profit (loss) for the period | 9904 | €15,457 | €10,076 | -€5,381 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,457 | €10,076 | -€5,381 | -34.8% |
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 1 November 2026 via checked.be.