Fleurinck: 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.
Fleurinck
Largest movements
- Receivables within one year -€208,366
down €208,366 (-60.2%), from €345,945 to €137,579
of which Other amounts receivable: -€239,242
- Tangible fixed assets -€41,129
down €41,129 (-3.7%), from €1.1m to €1.1m
of which Land and buildings: -€30,769
- Reserves -€256,297
down €256,297 (-64.6%), from €396,527 to €140,230
of which Distributable reserves: -€256,297
- Trade debts +€80,076
up €80,076 (+114%), from €70,399 to €150,475
- Accrued charges and deferred income -€27,967
down €27,967 (-100%), from €27,967 to €0
- Tax, wage and social debts -€25,915
down €25,915 (-21.8%), from €118,728 to €92,813
of which Taxes: -€19,594
- Gross operating margin +€27,473
up €27,473 (+6.1%), from €450,998 to €478,471
- Staff costs +€25,779
up €25,779 (+6.4%), from €404,906 to €430,684
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 | €1,635,140 | €1,404,987 | -€230,154 | -14.1% |
| Fixed assets | 21/28 | €1,144,166 | €1,102,806 | -€41,361 | -3.6% |
| Intangible fixed assets | 21 | €232 | €0 | -€232 | -100% |
| Tangible fixed assets | 22/27 | €1,124,720 | €1,083,591 | -€41,129 | -3.7% |
| Land and buildings | 22 | €1,113,466 | €1,082,697 | -€30,769 | -2.8% |
| Plant, machinery and equipment | 23 | €595 | €0 | -€595 | -100% |
| Furniture and vehicles | 24 | €10,659 | €894 | -€9,765 | -91.6% |
| Financial fixed assets | 28 | €19,214 | €19,214 | = | 0.0% |
| Current assets | 29/58 | €490,974 | €302,181 | -€188,793 | -38.5% |
| Stocks and contracts in progress | 3 | €29,844 | €42,344 | +€12,500 | +41.9% |
| Stocks | 30/36 | €29,844 | €42,344 | +€12,500 | +41.9% |
| Amounts receivable within one year | 40/41 | €345,945 | €137,579 | -€208,366 | -60.2% |
| Trade receivables | 40 | €88,132 | €119,008 | +€30,876 | +35.0% |
| Other amounts receivable | 41 | €257,813 | €18,571 | -€239,242 | -92.8% |
| Cash at bank and in hand | 54/58 | €113,217 | €117,070 | +€3,853 | +3.4% |
| Deferred charges and accrued income | 490/1 | €1,968 | €5,188 | +€3,220 | +164% |
| Total equity and liabilities | 10/49 | €1,635,140 | €1,404,987 | -€230,154 | -14.1% |
| Equity | 10/15 | €1,369,442 | €1,113,145 | -€256,297 | -18.7% |
| Contributions | 10/11 | €962,000 | €962,000 | = | 0.0% |
| Revaluation surpluses | 12 | €10,915 | €10,915 | = | 0.0% |
| Reserves | 13 | €396,527 | €140,230 | -€256,297 | -64.6% |
| Tax-exempt reserves | 132 | €9,468 | €9,468 | = | 0.0% |
| Distributable reserves | 133 | €387,059 | €130,762 | -€256,297 | -66.2% |
| Amounts payable | 17/49 | €265,698 | €291,841 | +€26,143 | +9.8% |
| Amounts payable after more than one year | 17 | €0 | €12,986 | +€12,986 | |
| Financial debts | 170/4 | €0 | €12,986 | +€12,986 | |
| Amounts payable within one year | 42/48 | €237,731 | €278,856 | +€41,125 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €16,751 | €3,463 | -€13,288 | -79.3% |
| Financial debts | 43 | €31,854 | €32,105 | +€252 | +0.8% |
| Credit institutions | 430/8 | €31,854 | €32,105 | +€252 | +0.8% |
| Trade debts | 44 | €70,399 | €150,475 | +€80,076 | +114% |
| Suppliers | 440/4 | €70,399 | €150,475 | +€80,076 | +114% |
| Taxes, remuneration and social security | 45 | €118,728 | €92,813 | -€25,915 | -21.8% |
| Taxes | 450/3 | €60,809 | €41,215 | -€19,594 | -32.2% |
| Remuneration and social security | 454/9 | €57,919 | €51,598 | -€6,321 | -10.9% |
| Accrued charges and deferred income | 492/3 | €27,967 | €0 | -€27,967 | -100% |
| Non-recurring operating income | 76A | €0 | €494 | +€494 | |
| Remuneration, social security and pensions | 62 | €404,906 | €430,684 | +€25,779 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,784 | €41,361 | +€2,576 | +6.6% |
| Other operating charges | 640/8 | €2,775 | €6,143 | +€3,369 | +121% |
| Gross operating margin | 9900 | €450,998 | €478,471 | +€27,473 | +6.1% |
| Operating profit (loss) | 9901 | €4,534 | €282 | -€4,251 | -93.8% |
| Financial income | 75/76B | €6,126 | €7,884 | +€1,758 | +28.7% |
| Recurring financial income | 75 | €6,126 | €7,884 | +€1,758 | +28.7% |
| Financial charges | 65/66B | €4,275 | €3,403 | -€872 | -20.4% |
| Recurring financial charges | 65 | €4,275 | €3,403 | -€872 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €6,385 | €4,763 | -€1,622 | -25.4% |
| Income taxes | 67/77 | €5,423 | €4,348 | -€1,074 | -19.8% |
| Profit (loss) for the period | 9904 | €962 | €415 | -€547 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €962 | €415 | -€547 | -56.9% |
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 15 October 2026 via checked.be.