FLOBAGRI: 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.
FLOBAGRI
Largest movements
- Financial fixed assets +€150,000
new in 2024: €150,000
- Receivables within one year +€67,521
up €67,521 (+25.1%), from €268,527 to €336,048
of which Trade receivables: +€63,806
- Tangible fixed assets -€13,321
down €13,321 (-4.4%), from €306,057 to €292,736
- Tax, wage and social debts +€143,844
up €143,844 (+344.8%), from €41,716 to €185,560
- Trade debts -€59,783
down €59,783 (-48.9%), from €122,319 to €62,536
- Advances received +€44,914
up €44,914 (+78.6%), from €57,161 to €102,075
- Profit (loss) carried forward +€42,447
up €42,447 (+59.2%), from €71,744 to €114,191
- Reserves +€42,115
up €42,115 (+246.1%), from €17,110 to €59,225
of which Non-distributable reserves: +€42,115
- Gross operating margin +€64,043
up €64,043 (+97.4%), from €65,742 to €129,785
- Taxes -€10,418
down €10,418, from €2,130 to -€8,289
- Financial charges +€6,858
up €6,858 (+97.7%), from €7,018 to €13,875
- Financial income +€5,352
new in 2024: €5,352
- Other operating charges -€1,799
down €1,799 (-8.5%), from €21,234 to €19,435
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €593,613 | €794,691 | +€201,078 | +33.9% |
| Fixed assets | 21/28 | €306,057 | €442,736 | +€136,679 | +44.7% |
| Tangible fixed assets | 22/27 | €306,057 | €292,736 | -€13,321 | -4.4% |
| Land and buildings | 22 | €202,244 | €196,740 | -€5,505 | -2.7% |
| Plant, machinery and equipment | 23 | €3,907 | €2,026 | -€1,881 | -48.1% |
| Furniture and vehicles | 24 | €99,905 | €93,970 | -€5,934 | -5.9% |
| Financial fixed assets | 28 | - | €150,000 | +€150,000 | |
| Current assets | 29/58 | €287,556 | €351,955 | +€64,399 | +22.4% |
| Amounts receivable within one year | 40/41 | €268,527 | €336,048 | +€67,521 | +25.1% |
| Trade receivables | 40 | €103,215 | €167,021 | +€63,806 | +61.8% |
| Other amounts receivable | 41 | €165,312 | €169,027 | +€3,715 | +2.2% |
| Cash at bank and in hand | 54/58 | €19,030 | €15,907 | -€3,123 | -16.4% |
| Total equity and liabilities | 10/49 | €593,613 | €794,691 | +€201,078 | +33.9% |
| Equity | 10/15 | €95,054 | €179,616 | +€84,562 | +89.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,110 | €59,225 | +€42,115 | +246.1% |
| Non-distributable reserves | 130/1 | €1,860 | €43,975 | +€42,115 | +2264.2% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | - | €42,115 | +€42,115 | |
| Tax-exempt reserves | 132 | €15,250 | €15,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,744 | €114,191 | +€42,447 | +59.2% |
| Amounts payable | 17/49 | €498,559 | €615,075 | +€116,517 | +23.4% |
| Amounts payable after more than one year | 17 | €218,808 | €189,299 | -€29,508 | -13.5% |
| Financial debts | 170/4 | €218,808 | €189,299 | -€29,508 | -13.5% |
| Amounts payable within one year | 42/48 | €279,053 | €425,776 | +€146,723 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €43,411 | €49,346 | +€5,936 | +13.7% |
| Trade debts | 44 | €122,319 | €62,536 | -€59,783 | -48.9% |
| Suppliers | 440/4 | €122,319 | €62,536 | -€59,783 | -48.9% |
| Advances received on contracts in progress | 46 | €57,161 | €102,075 | +€44,914 | +78.6% |
| Taxes, remuneration and social security | 45 | €41,716 | €185,560 | +€143,844 | +344.8% |
| Taxes | 450/3 | €41,716 | €185,560 | +€143,844 | +344.8% |
| Other amounts payable | 47/48 | €14,447 | €26,259 | +€11,813 | +81.8% |
| Accrued charges and deferred income | 492/3 | €699 | - | -€699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,721 | €47,668 | -€53 | -0.1% |
| Other operating charges | 640/8 | €21,234 | €19,435 | -€1,799 | -8.5% |
| Gross operating margin | 9900 | €65,742 | €129,785 | +€64,043 | +97.4% |
| Operating profit (loss) | 9901 | -€3,213 | €62,682 | +€65,895 | |
| Financial income | 75/76B | - | €5,352 | +€5,352 | |
| Recurring financial income | 75 | - | €5,352 | +€5,352 | |
| Financial charges | 65/66B | €7,018 | €13,875 | +€6,858 | +97.7% |
| Recurring financial charges | 65 | €7,018 | €13,875 | +€6,858 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,231 | €54,158 | +€64,390 | |
| Income taxes | 67/77 | €2,130 | -€8,289 | -€10,418 | |
| Profit (loss) for the period | 9904 | -€12,361 | €62,447 | +€74,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,361 | €62,447 | +€74,808 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.