FLEURS DESIGN: 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.
FLEURS DESIGN
Largest movements
- Tangible fixed assets -€20,076
down €20,076 (-8.7%), from €230,755 to €210,679
of which Other tangible fixed assets: -€15,919
- Stocks and contracts +€7,869
up €7,869 (+5.6%), from €141,537 to €149,406
- Cash -€6,940
down €6,940 (-40.5%), from €17,126 to €10,187
mainly Debts after one year (-€25,525) and Investment in fixed assets (net) (-€12,426)
- Debts after one year -€25,525
down €25,525 (-10.1%), from €251,703 to €226,178
- Reserves +€17,292
up €17,292 (+49.2%), from €35,110 to €52,402
of which Distributable reserves: +€17,292
- Current portion of long-term debt -€9,693
down €9,693 (-27.6%), from €35,121 to €25,427
- Other debts -€7,556
down €7,556 (-92.2%), from €8,194 to €638
- Depreciation -€22,138
down €22,138 (-40.5%), from €54,640 to €32,502
- Gross operating margin -€20,860
down €20,860 (-9.8%), from €211,926 to €191,066
- Other operating charges -€4,135
down €4,135 (-45.1%), from €9,175 to €5,040
- Taxes +€2,705
up €2,705 (+58.9%), from €4,590 to €7,295
- Staff costs -€2,519
down €2,519 (-2.0%), from €128,024 to €125,505
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 | €463,177 | €439,803 | -€23,373 | -5.0% |
| Fixed assets | 21/28 | €231,126 | €211,049 | -€20,076 | -8.7% |
| Tangible fixed assets | 22/27 | €230,755 | €210,679 | -€20,076 | -8.7% |
| Furniture and vehicles | 24 | €11,063 | €9,443 | -€1,620 | -14.6% |
| Leasing and similar rights | 25 | €2,537 | - | -€2,537 | |
| Other tangible fixed assets | 26 | €217,155 | €201,235 | -€15,919 | -7.3% |
| Financial fixed assets | 28 | €371 | €371 | = | 0.0% |
| Current assets | 29/58 | €232,051 | €228,754 | -€3,297 | -1.4% |
| Stocks and contracts in progress | 3 | €141,537 | €149,406 | +€7,869 | +5.6% |
| Stocks | 30/36 | €141,537 | €149,406 | +€7,869 | +5.6% |
| Amounts receivable within one year | 40/41 | €73,388 | €69,161 | -€4,226 | -5.8% |
| Trade receivables | 40 | €51,017 | €42,905 | -€8,112 | -15.9% |
| Other amounts receivable | 41 | €22,371 | €26,256 | +€3,886 | +17.4% |
| Cash at bank and in hand | 54/58 | €17,126 | €10,187 | -€6,940 | -40.5% |
| Total equity and liabilities | 10/49 | €463,177 | €439,803 | -€23,373 | -5.0% |
| Equity | 10/15 | €131,315 | €148,606 | +€17,292 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,110 | €52,402 | +€17,292 | +49.2% |
| Non-distributable reserves | 130/1 | €1,899 | €1,899 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,899 | €1,899 | = | 0.0% |
| Distributable reserves | 133 | €33,211 | €50,503 | +€17,292 | +52.1% |
| Profit (loss) carried forward | 14 | €90,005 | €90,005 | = | 0.0% |
| Amounts payable | 17/49 | €331,862 | €291,197 | -€40,665 | -12.3% |
| Amounts payable after more than one year | 17 | €251,703 | €226,178 | -€25,525 | -10.1% |
| Financial debts | 170/4 | €251,703 | €226,178 | -€25,525 | -10.1% |
| Amounts payable within one year | 42/48 | €80,159 | €65,019 | -€15,140 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €35,121 | €25,427 | -€9,693 | -27.6% |
| Trade debts | 44 | €3,650 | €3,890 | +€239 | +6.6% |
| Suppliers | 440/4 | €3,650 | €3,890 | +€239 | +6.6% |
| Taxes, remuneration and social security | 45 | €33,194 | €35,064 | +€1,870 | +5.6% |
| Taxes | 450/3 | €11,823 | €12,233 | +€410 | +3.5% |
| Remuneration and social security | 454/9 | €21,371 | €22,831 | +€1,460 | +6.8% |
| Other amounts payable | 47/48 | €8,194 | €638 | -€7,556 | -92.2% |
| Remuneration, social security and pensions | 62 | €128,024 | €125,505 | -€2,519 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,640 | €32,502 | -€22,138 | -40.5% |
| Other operating charges | 640/8 | €9,175 | €5,040 | -€4,135 | -45.1% |
| Gross operating margin | 9900 | €211,926 | €191,066 | -€20,860 | -9.8% |
| Operating profit (loss) | 9901 | €20,087 | €28,019 | +€7,932 | +39.5% |
| Financial income | 75/76B | €3,259 | €1,221 | -€2,038 | -62.5% |
| Recurring financial income | 75 | €3,259 | €1,221 | -€2,038 | -62.5% |
| Financial charges | 65/66B | €4,545 | €4,653 | +€108 | +2.4% |
| Recurring financial charges | 65 | €4,545 | €4,653 | +€108 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €18,801 | €24,586 | +€5,786 | +30.8% |
| Income taxes | 67/77 | €4,590 | €7,295 | +€2,705 | +58.9% |
| Profit (loss) for the period | 9904 | €14,211 | €17,292 | +€3,080 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,211 | €17,292 | +€3,080 | +21.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.