FLEURS DANIELS: 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.
FLEURS DANIELS
Largest movements
- Tangible fixed assets +€48,959
up €48,959 (+731%), from €6,697 to €55,656
of which Furniture and vehicles: +€49,151
- Cash +€37,404
up €37,404 (+62.3%), from €60,003 to €97,408
mainly Debts after one year (+€38,694) and Depreciation (+€15,716)
- Receivables within one year -€15,672
down €15,672 (-81.2%), from €19,294 to €3,621
of which Trade receivables: -€9,503
- Stocks and contracts -€3,141
down €3,141 (-38.1%), from €8,254 to €5,113
- Debts after one year +€38,694
new in 2025: €38,694
- Reserves +€15,424
up €15,424 (+22.7%), from €67,867 to €83,291
of which Distributable reserves: +€15,424
- Current portion of long-term debt +€11,157
new in 2025: €11,157
- Tax, wage and social debts +€10,181
up €10,181 (+119%), from €8,533 to €18,714
of which Taxes: +€8,723
- Trade debts -€6,840
down €6,840 (-46.8%), from €14,600 to €7,760
- Financial charges +€12,679
up €12,679 (+606%), from €2,094 to €14,773
of which Non-recurring financial charges: +€11,055
- Depreciation +€10,715
up €10,715 (+214%), from €5,001 to €15,716
- Gross operating margin +€5,977
up €5,977 (+10.3%), from €57,910 to €63,888
- Taxes -€4,016
down €4,016 (-30.7%), from €13,082 to €9,066
- Staff costs -€2,123
down €2,123 (-27.0%), from €7,865 to €5,742
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 | €97,621 | €165,817 | +€68,196 | +69.9% |
| Fixed assets | 21/28 | €6,913 | €55,872 | +€48,959 | +708% |
| Tangible fixed assets | 22/27 | €6,697 | €55,656 | +€48,959 | +731% |
| Plant, machinery and equipment | 23 | €385 | €193 | -€193 | -50.0% |
| Furniture and vehicles | 24 | €6,312 | €55,463 | +€49,151 | +779% |
| Financial fixed assets | 28 | €216 | €216 | = | 0.0% |
| Current assets | 29/58 | €90,708 | €109,945 | +€19,237 | +21.2% |
| Stocks and contracts in progress | 3 | €8,254 | €5,113 | -€3,141 | -38.1% |
| Stocks | 30/36 | €8,254 | €5,113 | -€3,141 | -38.1% |
| Amounts receivable within one year | 40/41 | €19,294 | €3,621 | -€15,672 | -81.2% |
| Trade receivables | 40 | €11,960 | €2,457 | -€9,503 | -79.5% |
| Other amounts receivable | 41 | €7,334 | €1,164 | -€6,170 | -84.1% |
| Cash at bank and in hand | 54/58 | €60,003 | €97,408 | +€37,404 | +62.3% |
| Deferred charges and accrued income | 490/1 | €3,157 | €3,803 | +€646 | +20.5% |
| Total equity and liabilities | 10/49 | €97,621 | €165,817 | +€68,196 | +69.9% |
| Equity | 10/15 | €74,067 | €89,491 | +€15,424 | +20.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,867 | €83,291 | +€15,424 | +22.7% |
| Non-distributable reserves | 130/1 | €1,003 | €1,003 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,003 | €1,003 | = | 0.0% |
| Distributable reserves | 133 | €66,864 | €82,288 | +€15,424 | +23.1% |
| Amounts payable | 17/49 | €23,554 | €76,326 | +€52,772 | +224% |
| Amounts payable after more than one year | 17 | - | €38,694 | +€38,694 | |
| Financial debts | 170/4 | - | €38,694 | +€38,694 | |
| Amounts payable within one year | 42/48 | €23,554 | €37,632 | +€14,078 | +59.8% |
| Current portion of amounts payable after more than one year | 42 | - | €11,157 | +€11,157 | |
| Trade debts | 44 | €14,600 | €7,760 | -€6,840 | -46.8% |
| Suppliers | 440/4 | €14,600 | €7,760 | -€6,840 | -46.8% |
| Taxes, remuneration and social security | 45 | €8,533 | €18,714 | +€10,181 | +119% |
| Taxes | 450/3 | €6,540 | €15,263 | +€8,723 | +133% |
| Remuneration and social security | 454/9 | €1,993 | €3,451 | +€1,458 | +73.2% |
| Other amounts payable | 47/48 | €421 | - | -€421 | |
| Remuneration, social security and pensions | 62 | €7,865 | €5,742 | -€2,123 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,001 | €15,716 | +€10,715 | +214% |
| Other operating charges | 640/8 | €4,513 | €3,168 | -€1,346 | -29.8% |
| Gross operating margin | 9900 | €57,910 | €63,888 | +€5,977 | +10.3% |
| Operating profit (loss) | 9901 | €40,531 | €39,263 | -€1,268 | -3.1% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €2,094 | €14,773 | +€12,679 | +606% |
| Recurring financial charges | 65 | €2,094 | €3,718 | +€1,624 | +77.6% |
| Non-recurring financial charges | 66B | - | €11,055 | +€11,055 | |
| Profit (loss) for the period before taxes | 9903 | €38,458 | €24,490 | -€13,968 | -36.3% |
| Income taxes | 67/77 | €13,082 | €9,066 | -€4,016 | -30.7% |
| Profit (loss) for the period | 9904 | €25,376 | €15,424 | -€9,952 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,376 | €15,424 | -€9,952 | -39.2% |
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 18 October 2026 via checked.be.