FLEURS TORDEURS: 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 TORDEURS
Largest movements
- Receivables within one year +€14,522
up €14,522 (+12.3%), from €117,640 to €132,162
of which Trade receivables: +€39,052
- Cash +€4,452
up €4,452 (+584%), from €763 to €5,215
mainly Trade debts (+€21,586) and Tax, wage and social debts (+€16,312)
- Tangible fixed assets +€3,125
up €3,125 (+42.0%), from €7,449 to €10,575
of which Furniture and vehicles: +€3,911
- Trade debts +€21,586
up €21,586 (+178%), from €12,133 to €33,719
- Tax, wage and social debts +€16,312
up €16,312 (+46.1%), from €35,409 to €51,721
of which Remuneration and social security: +€21,177
- Profit (loss) carried forward -€14,924
down €14,924 (-74.6%), from €20,011 to €5,087
- Gross operating margin +€55,428
up €55,428 (+50.5%), from €109,679 to €165,106
- Staff costs +€36,114
up €36,114 (+33.2%), from €108,869 to €144,983
- Taxes +€2,487
up €2,487 (+129%), from €1,932 to €4,419
- Depreciation +€2,380
up €2,380 (+255%), from €934 to €3,313
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 | €132,126 | €154,085 | +€21,959 | +16.6% |
| Fixed assets | 21/28 | €11,285 | €14,410 | +€3,125 | +27.7% |
| Tangible fixed assets | 22/27 | €7,449 | €10,575 | +€3,125 | +42.0% |
| Plant, machinery and equipment | 23 | €7,449 | €6,663 | -€786 | -10.6% |
| Furniture and vehicles | 24 | - | €3,911 | +€3,911 | |
| Financial fixed assets | 28 | €3,836 | €3,836 | = | 0.0% |
| Current assets | 29/58 | €120,841 | €139,675 | +€18,834 | +15.6% |
| Stocks and contracts in progress | 3 | €1,796 | €1,985 | +€190 | +10.6% |
| Stocks | 30/36 | €1,796 | €1,985 | +€190 | +10.6% |
| Amounts receivable within one year | 40/41 | €117,640 | €132,162 | +€14,522 | +12.3% |
| Trade receivables | 40 | €251 | €39,304 | +€39,052 | +15,538% |
| Other amounts receivable | 41 | €117,389 | €92,858 | -€24,530 | -20.9% |
| Cash at bank and in hand | 54/58 | €763 | €5,215 | +€4,452 | +584% |
| Deferred charges and accrued income | 490/1 | €643 | €313 | -€330 | -51.4% |
| Total equity and liabilities | 10/49 | €132,126 | €154,085 | +€21,959 | +16.6% |
| Equity | 10/15 | €67,871 | €52,947 | -€14,924 | -22.0% |
| Contributions | 10/11 | €47,110 | €45,860 | -€1,250 | -2.7% |
| Reserves | 13 | €750 | €2,000 | +€1,250 | +167% |
| Tax-exempt reserves | 132 | €750 | €750 | = | 0.0% |
| Distributable reserves | 133 | - | €1,250 | +€1,250 | |
| Profit (loss) carried forward | 14 | €20,011 | €5,087 | -€14,924 | -74.6% |
| Amounts payable | 17/49 | €64,255 | €101,138 | +€36,883 | +57.4% |
| Amounts payable within one year | 42/48 | €63,868 | €100,608 | +€36,740 | +57.5% |
| Financial debts | 43 | €13,825 | €12,667 | -€1,158 | -8.4% |
| Credit institutions | 430/8 | €13,825 | €12,667 | -€1,158 | -8.4% |
| Trade debts | 44 | €12,133 | €33,719 | +€21,586 | +178% |
| Suppliers | 440/4 | €12,133 | €33,719 | +€21,586 | +178% |
| Taxes, remuneration and social security | 45 | €35,409 | €51,721 | +€16,312 | +46.1% |
| Taxes | 450/3 | €21,302 | €16,437 | -€4,865 | -22.8% |
| Remuneration and social security | 454/9 | €14,108 | €35,284 | +€21,177 | +150% |
| Other amounts payable | 47/48 | €2,500 | €2,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €387 | €530 | +€143 | +36.9% |
| Non-recurring operating income | 76A | - | €5,187 | +€5,187 | |
| Remuneration, social security and pensions | 62 | €108,869 | €144,983 | +€36,114 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €934 | €3,313 | +€2,380 | +255% |
| Other operating charges | 640/8 | €2,200 | €850 | -€1,350 | -61.4% |
| Non-recurring operating charges | 66A | - | €28,344 | +€28,344 | |
| Gross operating margin | 9900 | €109,679 | €165,106 | +€55,428 | +50.5% |
| Operating profit (loss) | 9901 | -€2,324 | -€12,384 | -€10,060 | -433% |
| Financial income | 75/76B | €6,325 | €5,467 | -€858 | -13.6% |
| Recurring financial income | 75 | €6,325 | €5,467 | -€858 | -13.6% |
| Financial charges | 65/66B | €2,545 | €3,587 | +€1,043 | +41.0% |
| Recurring financial charges | 65 | €2,545 | €3,587 | +€1,043 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €1,456 | -€10,504 | -€11,960 | |
| Income taxes | 67/77 | €1,932 | €4,419 | +€2,487 | +129% |
| Profit (loss) for the period | 9904 | -€476 | -€14,924 | -€14,448 | -3,034% |
| Profit (loss) for the period to be appropriated | 9905 | -€476 | -€14,924 | -€14,448 | -3,034% |
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 20 October 2026 via checked.be.