FLEURUS INVEST: 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.
FLEURUS INVEST
Largest movements
- Cash +€33,058
up €33,058 (+163%), from €20,243 to €53,301
mainly Net result for the year (+€28,183) and Depreciation (+€13,778)
- Tangible fixed assets -€8,916
down €8,916 (-4.6%), from €193,383 to €184,467
- Revaluation surpluses +€52,800
new in 2025: €52,800
- Contributions -€48,000
no longer reported in 2025 (was €48,000)
- Other debts +€10,000
up €10,000 (+33.8%), from €29,600 to €39,600
- Tax, wage and social debts +€9,835
up €9,835 (+2,320%), from €424 to €10,259
- Reserves -€4,800
no longer reported in 2025 (was €4,800)
- Gross operating margin +€6,326
up €6,326 (+12.6%), from €50,328 to €56,654
- Taxes +€2,335
up €2,335 (+29.5%), from €7,924 to €10,259
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 | €218,930 | €240,430 | +€21,500 | +9.8% |
| Fixed assets | 21/28 | €193,383 | €184,467 | -€8,916 | -4.6% |
| Tangible fixed assets | 22/27 | €193,383 | €184,467 | -€8,916 | -4.6% |
| Land and buildings | 22 | €193,383 | €184,467 | -€8,916 | -4.6% |
| Current assets | 29/58 | €25,547 | €55,963 | +€30,416 | +119% |
| Amounts receivable within one year | 40/41 | €3,308 | €2,662 | -€646 | -19.5% |
| Trade receivables | 40 | €3,308 | €2,662 | -€646 | -19.5% |
| Cash at bank and in hand | 54/58 | €20,243 | €53,301 | +€33,058 | +163% |
| Deferred charges and accrued income | 490/1 | €1,996 | - | -€1,996 | |
| Total equity and liabilities | 10/49 | €218,930 | €240,430 | +€21,500 | +9.8% |
| Equity | 10/15 | €187,925 | €186,109 | -€1,816 | -1.0% |
| Contributions | 10/11 | €48,000 | - | -€48,000 | |
| Capital | 10 | €48,000 | - | -€48,000 | |
| Issued capital | 100 | €48,000 | - | -€48,000 | |
| Revaluation surpluses | 12 | - | €52,800 | +€52,800 | |
| Reserves | 13 | €4,800 | - | -€4,800 | |
| Non-distributable reserves | 130/1 | €4,800 | - | -€4,800 | |
| Legal reserve | 130 | €4,800 | - | -€4,800 | |
| Profit (loss) carried forward | 14 | €135,125 | €133,309 | -€1,816 | -1.3% |
| Amounts payable | 17/49 | €31,005 | €54,321 | +€23,316 | +75.2% |
| Amounts payable within one year | 42/48 | €30,024 | €53,304 | +€23,280 | +77.5% |
| Trade debts | 44 | - | €3,445 | +€3,445 | |
| Suppliers | 440/4 | - | €3,445 | +€3,445 | |
| Taxes, remuneration and social security | 45 | €424 | €10,259 | +€9,835 | +2,320% |
| Taxes | 450/3 | €424 | €10,259 | +€9,835 | +2,320% |
| Other amounts payable | 47/48 | €29,600 | €39,600 | +€10,000 | +33.8% |
| Accrued charges and deferred income | 492/3 | €981 | €1,017 | +€36 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,642 | €13,778 | +€136 | +1.0% |
| Other operating charges | 640/8 | €4,758 | €4,329 | -€429 | -9.0% |
| Gross operating margin | 9900 | €50,328 | €56,654 | +€6,326 | +12.6% |
| Operating profit (loss) | 9901 | €31,928 | €38,547 | +€6,619 | +20.7% |
| Financial charges | 65/66B | €233 | €105 | -€128 | -54.9% |
| Recurring financial charges | 65 | €233 | €105 | -€128 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €31,695 | €38,442 | +€6,747 | +21.3% |
| Income taxes | 67/77 | €7,924 | €10,259 | +€2,335 | +29.5% |
| Profit (loss) for the period | 9904 | €23,771 | €28,183 | +€4,412 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,771 | €28,183 | +€4,412 | +18.6% |
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 31 October 2026 via checked.be.