Fleur Piccart: 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 Piccart
Largest movements
- Receivables within one year +€54,805
new in 2025: €54,805
of which Other amounts receivable: +€45,387
- Cash +€6,858
up €6,858 (+12.6%), from €54,578 to €61,436
mainly Net result for the year (+€57,914) and Tax, wage and social debts (+€5,198)
- Tangible fixed assets +€4,417
new in 2025: €4,417
- Reserves +€57,914
up €57,914 (+137.4%), from €42,150 to €100,063
- Tax, wage and social debts +€5,198
up €5,198 (+48.6%), from €10,694 to €15,892
of which Taxes: +€4,198
- Other debts +€2,211
up €2,211 (+754.6%), from €293 to €2,504
- Gross operating margin +€20,336
up €20,336 (+38.4%), from €53,004 to €73,341
- Taxes +€4,198
up €4,198 (+39.3%), from €10,694 to €14,892
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 | €54,762 | €121,626 | +€66,864 | +122.1% |
| Fixed assets | 21/28 | - | €4,417 | +€4,417 | |
| Tangible fixed assets | 22/27 | - | €4,417 | +€4,417 | |
| Plant, machinery and equipment | 23 | - | €4,417 | +€4,417 | |
| Current assets | 29/58 | €54,762 | €117,209 | +€62,448 | +114.0% |
| Amounts receivable within one year | 40/41 | - | €54,805 | +€54,805 | |
| Trade receivables | 40 | - | €9,417 | +€9,417 | |
| Other amounts receivable | 41 | - | €45,387 | +€45,387 | |
| Cash at bank and in hand | 54/58 | €54,578 | €61,436 | +€6,858 | +12.6% |
| Deferred charges and accrued income | 490/1 | €184 | €969 | +€785 | +425.9% |
| Total equity and liabilities | 10/49 | €54,762 | €121,626 | +€66,864 | +122.1% |
| Equity | 10/15 | €42,250 | €100,163 | +€57,914 | +137.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €42,150 | €100,063 | +€57,914 | +137.4% |
| Distributable reserves | 133 | €42,150 | €100,063 | +€57,914 | +137.4% |
| Amounts payable | 17/49 | €12,512 | €21,463 | +€8,950 | +71.5% |
| Amounts payable within one year | 42/48 | €11,787 | €19,723 | +€7,935 | +67.3% |
| Trade debts | 44 | €800 | €1,327 | +€527 | +65.9% |
| Suppliers | 440/4 | €800 | €1,327 | +€527 | +65.9% |
| Taxes, remuneration and social security | 45 | €10,694 | €15,892 | +€5,198 | +48.6% |
| Taxes | 450/3 | €10,694 | €14,892 | +€4,198 | +39.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €293 | €2,504 | +€2,211 | +754.6% |
| Accrued charges and deferred income | 492/3 | €725 | €1,740 | +€1,015 | +140.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €253 | +€253 | |
| Other operating charges | 640/8 | €111 | €128 | +€17 | +15.6% |
| Gross operating margin | 9900 | €53,004 | €73,341 | +€20,336 | +38.4% |
| Operating profit (loss) | 9901 | €52,894 | €72,960 | +€20,066 | +37.9% |
| Financial charges | 65/66B | €50 | €154 | +€104 | +207.4% |
| Recurring financial charges | 65 | €50 | €154 | +€104 | +207.4% |
| Profit (loss) for the period before taxes | 9903 | €52,844 | €72,806 | +€19,962 | +37.8% |
| Income taxes | 67/77 | €10,694 | €14,892 | +€4,198 | +39.3% |
| Profit (loss) for the period | 9904 | €42,150 | €57,914 | +€15,764 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42,150 | €57,914 | +€15,764 | +37.4% |
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 12 October 2026 via checked.be.