FLEURALLE: 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.
FLEURALLE
Largest movements
- Receivables within one year +€26,086
up €26,086 (+18.3%), from €142,790 to €168,876
of which Trade receivables: +€24,000
- Stocks and contracts +€25,000
up €25,000 (+173%), from €14,460 to €39,460
of which Contracts in progress: +€25,000
- Cash +€9,087
new in 2025: €9,087
mainly Advances received (+€46,053) and Trade debts (+€11,792)
- Deferred charges and accrued income +€4,398
up €4,398 (+305%), from €1,442 to €5,840
- Advances received +€46,053
up €46,053 (+826%), from €5,575 to €51,628
- Trade debts +€11,792
up €11,792 (+11.1%), from €105,955 to €117,748
- Other debts +€9,335
up €9,335 (+26.8%), from €34,851 to €44,186
- Short-term financial debts -€6,654
no longer reported in 2025 (was €6,654)
- Staff costs -€50,513
down €50,513 (-31.7%), from €159,133 to €108,621
- Gross operating margin -€49,737
down €49,737 (-28.6%), from €173,869 to €124,131
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 | €240,515 | €304,111 | +€63,596 | +26.4% |
| Fixed assets | 21/28 | €81,823 | €80,849 | -€975 | -1.2% |
| Tangible fixed assets | 22/27 | €81,752 | €80,777 | -€975 | -1.2% |
| Land and buildings | 22 | €68,337 | €64,709 | -€3,628 | -5.3% |
| Plant, machinery and equipment | 23 | €8,773 | €3,694 | -€5,079 | -57.9% |
| Furniture and vehicles | 24 | €4,641 | €12,374 | +€7,733 | +167% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €158,692 | €223,262 | +€64,571 | +40.7% |
| Stocks and contracts in progress | 3 | €14,460 | €39,460 | +€25,000 | +173% |
| Stocks | 30/36 | €14,460 | €14,460 | = | 0.0% |
| Contracts in progress | 37 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €142,790 | €168,876 | +€26,086 | +18.3% |
| Trade receivables | 40 | €129,526 | €153,526 | +€24,000 | +18.5% |
| Other amounts receivable | 41 | €13,263 | €15,349 | +€2,086 | +15.7% |
| Cash at bank and in hand | 54/58 | - | €9,087 | +€9,087 | |
| Deferred charges and accrued income | 490/1 | €1,442 | €5,840 | +€4,398 | +305% |
| Total equity and liabilities | 10/49 | €240,515 | €304,111 | +€63,596 | +26.4% |
| Equity | 10/15 | €76,704 | €77,037 | +€333 | +0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,976 | €57,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,876 | €6,876 | = | 0.0% |
| Distributable reserves | 133 | €49,240 | €49,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127 | €461 | +€333 | +262% |
| Amounts payable | 17/49 | €163,811 | €227,074 | +€63,263 | +38.6% |
| Amounts payable within one year | 42/48 | €163,811 | €227,074 | +€63,263 | +38.6% |
| Financial debts | 43 | €6,654 | - | -€6,654 | |
| Credit institutions | 430/8 | €6,654 | - | -€6,654 | |
| Trade debts | 44 | €105,955 | €117,748 | +€11,792 | +11.1% |
| Suppliers | 440/4 | €105,955 | €117,748 | +€11,792 | +11.1% |
| Advances received on contracts in progress | 46 | €5,575 | €51,628 | +€46,053 | +826% |
| Taxes, remuneration and social security | 45 | €10,776 | €13,513 | +€2,736 | +25.4% |
| Taxes | 450/3 | €4,942 | €6,051 | +€1,109 | +22.4% |
| Remuneration and social security | 454/9 | €5,834 | €7,461 | +€1,627 | +27.9% |
| Other amounts payable | 47/48 | €34,851 | €44,186 | +€9,335 | +26.8% |
| Remuneration, social security and pensions | 62 | €159,133 | €108,621 | -€50,513 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,507 | €11,588 | +€1,081 | +10.3% |
| Other operating charges | 640/8 | €2,850 | €2,136 | -€714 | -25.1% |
| Gross operating margin | 9900 | €173,869 | €124,131 | -€49,737 | -28.6% |
| Operating profit (loss) | 9901 | €1,378 | €1,786 | +€409 | +29.6% |
| Financial income | 75/76B | €258 | - | -€258 | |
| Recurring financial income | 75 | €258 | - | -€258 | |
| Financial charges | 65/66B | €649 | €647 | -€1 | -0.2% |
| Recurring financial charges | 65 | €585 | €647 | +€62 | +10.6% |
| Non-recurring financial charges | 66B | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | €988 | €1,139 | +€151 | +15.3% |
| Income taxes | 67/77 | €860 | €806 | -€55 | -6.3% |
| Profit (loss) for the period | 9904 | €127 | €333 | +€206 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €127 | €333 | +€206 | +162% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.