FLEURIMO: 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.
What changed
FLEURIMO
NACE 23.120, Manufacture of other non-metallic mineral products
fiscal year 2023 against 2025not consecutivefiled annual accounts (NBB)
Net result for the year
€1.7m
2023 · -€1.2m+€2.9m
Equity
€4.3m
2023 · €6.6m-€2.2m
Cash
€88,018
2023 · €113+€87,905
Balance sheet total
€9.6m
2023 · €28.1m-€18.5m
Largest movements
Assets
- Receivables within one year -€18.9m
down €18.9m (-74.2%), from €25.4m to €6.6m
of which Trade receivables: -€10.0m
- Tangible fixed assets +€464,213
up €464,213 (+31.9%), from €1.5m to €1.9m
Equity and liabilities
- Provisions -€10.6m
no longer reported in 2025 (was €10.6m)
- Tax, wage and social debts -€9.6m
down €9.6m (-97.7%), from €9.8m to €220,596
of which Remuneration and social security: -€6.5m
- Contributions -€3.8m
down €3.8m (-17.4%), from €21.6m to €17.9m
- Debts after one year +€2.0m
new in 2025: €2.0m
- Profit (loss) carried forward +€1.7m
up €1.7m (+10.6%), from -€15.7m to -€14.1m
Income statement
- Turnover -€18.5m
down €18.5m (-82.4%), from €22.4m to €3.9m
- Goods and materials -€15.0m
no longer reported in 2025 (was €15.0m)
of which Purchases: -€13.7m
- Staff costs -€13.7m
down €13.7m (-56.6%), from €24.2m to €10.5m
- Provisions +€6.0m
up €6.0m (+35.8%), from -€16.7m to -€10.7m
- Other operating income -€4.3m
down €4.3m (-90.6%), from €4.7m to €446,581
From the 2023 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.
Result 2023
-€1.2m
Turnover
-€18.5m
Other operating income
-€4.3m
Goods and materials
+€15.0m
Services and other goods
+€470,971
Staff costs
+€13.7m
Depreciation
+€1.0m
Write-downs
-€288,930
Provisions
-€6.0m
Other operating charges
-€128,382
Other operating items
+€1.8m
Financial income
+€128,933
Financial charges
-€21,297
Taxes
-€104,381
Result 2025
€1.7m
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,131,190 | €9,632,216 | -€18.5m | -65.8% |
| Fixed assets | 21/28 | €1,454,440 | €1,918,653 | +€464,213 | +31.9% |
| Tangible fixed assets | 22/27 | €1,454,440 | €1,918,653 | +€464,213 | +31.9% |
| Land and buildings | 22 | €1,454,440 | €1,918,653 | +€464,213 | +31.9% |
| Current assets | 29/58 | €26,676,750 | €7,713,563 | -€19.0m | -71.1% |
| Stocks and contracts in progress | 3 | €1,172,705 | €938,164 | -€234,541 | -20.0% |
| Stocks | 30/36 | €1,172,705 | €938,164 | -€234,541 | -20.0% |
| Raw materials and consumables | 30/31 | €1,172,705 | €938,164 | -€234,541 | -20.0% |
| Amounts receivable within one year | 40/41 | €25,440,314 | €6,569,843 | -€18.9m | -74.2% |
| Trade receivables | 40 | €13,523,750 | €3,526,874 | -€10.0m | -73.9% |
| Other amounts receivable | 41 | €11,916,563 | €3,042,969 | -€8.9m | -74.5% |
| Cash at bank and in hand | 54/58 | €113 | €88,018 | +€87,905 | +77874.8% |
| Deferred charges and accrued income | 490/1 | €63,618 | €117,538 | +€53,920 | +84.8% |
| Total equity and liabilities | 10/49 | €28,131,190 | €9,632,216 | -€18.5m | -65.8% |
| Equity | 10/15 | €6,577,497 | €4,349,018 | -€2.2m | -33.9% |
| Contributions | 10/11 | €21,627,706 | €17,855,239 | -€3.8m | -17.4% |
| Capital | 10 | €21,627,706 | €17,855,239 | -€3.8m | -17.4% |
| Issued capital | 100 | €21,627,706 | €17,855,239 | -€3.8m | -17.4% |
| Reserves | 13 | €375,353 | €375,353 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €375,353 | €375,353 | -€0 | 0.0% |
| Legal reserve | 130 | €375,353 | €375,353 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€15,736,844 | -€14,070,442 | +€1.7m | +10.6% |
| Investment grants | 15 | €311,282 | €188,868 | -€122,414 | -39.3% |
| Provisions and deferred taxes | 16 | €10,602,866 | - | -€10.6m | |
| Provisions for liabilities and charges | 160/5 | €10,602,866 | - | -€10.6m | |
| Pensions and similar obligations | 160 | €10,602,866 | - | -€10.6m | |
| Amounts payable | 17/49 | €10,950,827 | €5,283,198 | -€5.7m | -51.8% |
| Amounts payable after more than one year | 17 | - | €1,954,088 | +€2.0m | |
| Financial debts | 170/4 | - | €1,954,088 | +€2.0m | |
| Credit institutions | 173 | - | €1,954,088 | +€2.0m | |
| Amounts payable within one year | 42/48 | €10,950,827 | €3,328,611 | -€7.6m | -69.6% |
| Current portion of amounts payable after more than one year | 42 | - | €517,933 | +€517,933 | |
| Trade debts | 44 | €1,152,007 | €1,260,082 | +€108,075 | +9.4% |
| Suppliers | 440/4 | €1,152,007 | €1,260,082 | +€108,075 | +9.4% |
| Advances received on contracts in progress | 46 | - | €1,330,000 | +€1.3m | |
| Taxes, remuneration and social security | 45 | €9,792,820 | €220,596 | -€9.6m | -97.7% |
| Taxes | 450/3 | €3,204,479 | €124,153 | -€3.1m | -96.1% |
| Remuneration and social security | 454/9 | €6,588,341 | €96,443 | -€6.5m | -98.5% |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Accrued charges and deferred income | 492/3 | - | €499 | +€499 | |
| Operating income | 70/76A | €56,163,485 | €4,391,870 | -€51.8m | -92.2% |
| Turnover | 70 | €22,399,111 | €3,945,289 | -€18.5m | -82.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€2,299,697 | - | +€2.3m | |
| Other operating income | 74 | €4,748,970 | €446,581 | -€4.3m | -90.6% |
| Non-recurring operating income | 76A | €31,315,101 | - | -€31.3m | |
| Operating charges | 60/66A | €57,319,302 | €2,687,155 | -€54.6m | -95.3% |
| Goods for resale, raw materials and consumables | 60 | €15,043,382 | - | -€15.0m | |
| Purchases | 600/8 | €13,720,304 | - | -€13.7m | |
| Change in stocks: decrease (increase) | 609 | €1,323,078 | - | -€1.3m | |
| Services and other goods | 61 | €2,502,525 | €2,031,554 | -€470,971 | -18.8% |
| Remuneration, social security and pensions | 62 | €24,205,363 | €10,512,362 | -€13.7m | -56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,209,858 | €205,255 | -€1.0m | -83.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€54,389 | €234,541 | +€288,930 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€16,665,558 | -€10,695,730 | +€6.0m | +35.8% |
| Other operating charges | 640/8 | €270,791 | €399,173 | +€128,382 | +47.4% |
| Non-recurring operating charges | 66A | €30,807,330 | - | -€30.8m | |
| Operating profit (loss) | 9901 | -€1,155,817 | €1,704,715 | +€2.9m | |
| Financial income | 75/76B | €74,284 | €203,217 | +€128,933 | +173.6% |
| Recurring financial income | 75 | €74,284 | €203,217 | +€128,933 | +173.6% |
| Income from current assets | 751 | €20,820 | €80,803 | +€59,983 | +288.1% |
| Other financial income | 752/9 | €53,464 | €122,414 | +€68,950 | +129.0% |
| Financial charges | 65/66B | €113,822 | €135,119 | +€21,297 | +18.7% |
| Recurring financial charges | 65 | €113,822 | €135,119 | +€21,297 | +18.7% |
| Debt charges | 650 | €92,445 | €131,483 | +€39,038 | +42.2% |
| Other financial charges | 652/9 | €21,377 | €3,636 | -€17,741 | -83.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,195,355 | €1,772,813 | +€3.0m | |
| Income taxes | 67/77 | €2,030 | €106,411 | +€104,381 | +5141.9% |
| Taxes | 670/3 | €2,030 | €106,411 | +€104,381 | +5141.9% |
| Profit (loss) for the period | 9904 | -€1,197,385 | €1,666,402 | +€2.9m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,197,385 | €1,666,402 | +€2.9m |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.