FLEUR LOGISTICS: 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 LOGISTICS
Largest movements
- Tangible fixed assets +€360,779
up €360,779 (+123%), from €292,183 to €652,962
- Cash -€66,951
down €66,951 (-60.9%), from €109,989 to €43,037
mainly Investment in fixed assets (net) (-€515,026) and Receivables within one year (-€24,416)
- Receivables within one year +€24,416
up €24,416 (+22.1%), from €110,454 to €134,871
of which Trade receivables: +€32,274
- Other debts +€224,916
new in 2025: €224,916
- Profit (loss) carried forward +€75,204
up €75,204 (+23.8%), from €315,494 to €390,698
- Tax, wage and social debts +€18,418
up €18,418 (+31.1%), from €59,281 to €77,698
of which Taxes: +€15,501
- Gross operating margin +€233,472
up €233,472 (+25.4%), from €920,310 to €1.2m
- Staff costs +€95,870
up €95,870 (+13.7%), from €701,149 to €797,019
- Depreciation +€48,841
up €48,841 (+47.8%), from €102,127 to €150,969
- Other operating charges +€26,354
up €26,354 (+39.2%), from €67,216 to €93,570
- Taxes +€13,516
up €13,516 (+77.4%), from €17,467 to €30,983
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 | €554,957 | €870,319 | +€315,363 | +56.8% |
| Fixed assets | 21/28 | €293,905 | €657,962 | +€364,057 | +124% |
| Intangible fixed assets | 21 | €777 | - | -€777 | |
| Tangible fixed assets | 22/27 | €292,183 | €652,962 | +€360,779 | +123% |
| Furniture and vehicles | 24 | €292,183 | €652,962 | +€360,779 | +123% |
| Financial fixed assets | 28 | €945 | €5,000 | +€4,055 | +429% |
| Current assets | 29/58 | €261,052 | €212,358 | -€48,694 | -18.7% |
| Amounts receivable within one year | 40/41 | €110,454 | €134,871 | +€24,416 | +22.1% |
| Trade receivables | 40 | €98,905 | €131,179 | +€32,274 | +32.6% |
| Other amounts receivable | 41 | €11,549 | €3,692 | -€7,857 | -68.0% |
| Cash at bank and in hand | 54/58 | €109,989 | €43,037 | -€66,951 | -60.9% |
| Deferred charges and accrued income | 490/1 | €40,609 | €34,450 | -€6,159 | -15.2% |
| Total equity and liabilities | 10/49 | €554,957 | €870,319 | +€315,363 | +56.8% |
| Equity | 10/15 | €469,306 | €544,510 | +€75,204 | +16.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €91,812 | €91,812 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €85,612 | €85,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | €315,494 | €390,698 | +€75,204 | +23.8% |
| Amounts payable | 17/49 | €85,651 | €325,809 | +€240,158 | +280% |
| Amounts payable within one year | 42/48 | €85,266 | €325,409 | +€240,143 | +282% |
| Trade debts | 44 | €25,986 | €22,794 | -€3,191 | -12.3% |
| Suppliers | 440/4 | €25,986 | €22,794 | -€3,191 | -12.3% |
| Taxes, remuneration and social security | 45 | €59,281 | €77,698 | +€18,418 | +31.1% |
| Taxes | 450/3 | €2,766 | €18,268 | +€15,501 | +560% |
| Remuneration and social security | 454/9 | €56,514 | €59,431 | +€2,917 | +5.2% |
| Other amounts payable | 47/48 | - | €224,916 | +€224,916 | |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€15 | +4.0% |
| Non-recurring operating income | 76A | - | €15,413 | +€15,413 | |
| Remuneration, social security and pensions | 62 | €701,149 | €797,019 | +€95,870 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,127 | €150,969 | +€48,841 | +47.8% |
| Other operating charges | 640/8 | €67,216 | €93,570 | +€26,354 | +39.2% |
| Gross operating margin | 9900 | €920,310 | €1,153,781 | +€233,472 | +25.4% |
| Operating profit (loss) | 9901 | €49,818 | €112,225 | +€62,407 | +125% |
| Financial income | 75/76B | €326 | €1 | -€325 | -99.7% |
| Recurring financial income | 75 | €326 | €1 | -€325 | -99.7% |
| Financial charges | 65/66B | €299 | €6,038 | +€5,739 | +1,918% |
| Recurring financial charges | 65 | €299 | €5,363 | +€5,064 | +1,692% |
| Non-recurring financial charges | 66B | - | €675 | +€675 | |
| Profit (loss) for the period before taxes | 9903 | €49,844 | €106,187 | +€56,343 | +113% |
| Income taxes | 67/77 | €17,467 | €30,983 | +€13,516 | +77.4% |
| Profit (loss) for the period | 9904 | €32,378 | €75,204 | +€42,827 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €32,378 | €75,204 | +€42,827 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.