FLEURY DE BOCK: 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.
FLEURY DE BOCK
Largest movements
- Tangible fixed assets -€72,720
down €72,720 (-21.0%), from €346,207 to €273,487
of which Land and buildings: -€57,265
- Stocks and contracts +€67,775
up €67,775 (+15.5%), from €438,267 to €506,042
- Receivables within one year -€52,617
down €52,617 (-65.5%), from €80,277 to €27,660
of which Trade receivables: -€52,598
- Cash -€18,290
down €18,290 (-5.1%), from €361,106 to €342,816
mainly Stocks and contracts (-€67,775) and Trade debts (-€63,113)
- Trade debts -€63,113
down €63,113 (-77.4%), from €81,494 to €18,381
- Other debts +€56,015
up €56,015 (+270%), from €20,780 to €76,795
- Debts after one year -€45,978
down €45,978 (-13.1%), from €350,019 to €304,041
- Reserves -€29,720
down €29,720 (-4.6%), from €646,681 to €616,961
of which Distributable reserves: -€29,720
- Staff costs +€15,831
up €15,831 (+64.9%), from €24,397 to €40,228
- Gross operating margin +€15,641
up €15,641 (+11.2%), from €140,147 to €155,787
- Depreciation -€4,000
down €4,000 (-5.2%), from €76,720 to €72,720
- Other operating charges +€3,921
up €3,921 (+155%), from €2,523 to €6,444
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 | €1,233,311 | €1,157,611 | -€75,700 | -6.1% |
| Fixed assets | 21/28 | €346,207 | €273,487 | -€72,720 | -21.0% |
| Tangible fixed assets | 22/27 | €346,207 | €273,487 | -€72,720 | -21.0% |
| Land and buildings | 22 | €290,495 | €233,230 | -€57,265 | -19.7% |
| Plant, machinery and equipment | 23 | €385 | €15 | -€370 | -96.1% |
| Furniture and vehicles | 24 | €55,327 | €40,241 | -€15,086 | -27.3% |
| Current assets | 29/58 | €887,104 | €884,125 | -€2,979 | -0.3% |
| Stocks and contracts in progress | 3 | €438,267 | €506,042 | +€67,775 | +15.5% |
| Stocks | 30/36 | €438,267 | €506,042 | +€67,775 | +15.5% |
| Amounts receivable within one year | 40/41 | €80,277 | €27,660 | -€52,617 | -65.5% |
| Trade receivables | 40 | €78,176 | €25,579 | -€52,598 | -67.3% |
| Other amounts receivable | 41 | €2,101 | €2,082 | -€19 | -0.9% |
| Cash at bank and in hand | 54/58 | €361,106 | €342,816 | -€18,290 | -5.1% |
| Deferred charges and accrued income | 490/1 | €7,453 | €7,606 | +€153 | +2.1% |
| Total equity and liabilities | 10/49 | €1,233,311 | €1,157,611 | -€75,700 | -6.1% |
| Equity | 10/15 | €708,681 | €678,961 | -€29,720 | -4.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €646,681 | €616,961 | -€29,720 | -4.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,500 | €44,500 | = | 0.0% |
| Distributable reserves | 133 | €595,981 | €566,261 | -€29,720 | -5.0% |
| Amounts payable | 17/49 | €524,631 | €478,650 | -€45,980 | -8.8% |
| Amounts payable after more than one year | 17 | €350,019 | €304,041 | -€45,978 | -13.1% |
| Financial debts | 170/4 | €350,019 | €304,041 | -€45,978 | -13.1% |
| Amounts payable within one year | 42/48 | €163,990 | €163,243 | -€746 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €45,365 | €45,978 | +€613 | +1.4% |
| Trade debts | 44 | €81,494 | €18,381 | -€63,113 | -77.4% |
| Suppliers | 440/4 | €81,494 | €18,381 | -€63,113 | -77.4% |
| Taxes, remuneration and social security | 45 | €16,350 | €22,089 | +€5,739 | +35.1% |
| Taxes | 450/3 | €11,843 | €14,080 | +€2,237 | +18.9% |
| Remuneration and social security | 454/9 | €4,507 | €8,009 | +€3,502 | +77.7% |
| Other amounts payable | 47/48 | €20,780 | €76,795 | +€56,015 | +270% |
| Accrued charges and deferred income | 492/3 | €10,622 | €11,366 | +€744 | +7.0% |
| Remuneration, social security and pensions | 62 | €24,397 | €40,228 | +€15,831 | +64.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,720 | €72,720 | -€4,000 | -5.2% |
| Other operating charges | 640/8 | €2,523 | €6,444 | +€3,921 | +155% |
| Gross operating margin | 9900 | €140,147 | €155,787 | +€15,641 | +11.2% |
| Operating profit (loss) | 9901 | €36,506 | €36,395 | -€111 | -0.3% |
| Financial income | 75/76B | €23 | €400 | +€378 | +1,678% |
| Recurring financial income | 75 | €23 | €400 | +€378 | +1,678% |
| Financial charges | 65/66B | €18,112 | €18,830 | +€717 | +4.0% |
| Recurring financial charges | 65 | €18,112 | €18,830 | +€717 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €18,416 | €17,966 | -€450 | -2.4% |
| Income taxes | 67/77 | €4,309 | €4,285 | -€24 | -0.5% |
| Profit (loss) for the period | 9904 | €14,107 | €13,680 | -€427 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,107 | €13,680 | -€427 | -3.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.