FLOOR-VAESEN: 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.
FLOOR-VAESEN
Largest movements
- Current investments -€213,907
down €213,907 (-33.2%), from €644,077 to €430,171
- Tangible fixed assets -€48,222
down €48,222 (-30.1%), from €160,324 to €112,102
of which Furniture and vehicles: -€26,247
- Cash -€28,919
down €28,919 (-30.5%), from €94,892 to €65,973
mainly Contributions, distributions and other (-€352,691) and Other debts (-€60,200)
- Reserves -€222,998
down €222,998 (-27.2%), from €821,184 to €598,186
of which Distributable reserves: -€222,998
- Other debts -€60,200
down €60,200 (-99.7%), from €60,377 to €177
- Debts after one year -€10,144
down €10,144 (-37.6%), from €26,997 to €16,853
- Financial income -€160,413
down €160,413 (-82.8%), from €193,658 to €33,245
- Taxes -€43,120
down €43,120 (-43.5%), from €99,080 to €55,960
- Gross operating margin +€33,511
up €33,511 (+18.5%), from €180,878 to €214,389
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 | €928,623 | €637,694 | -€290,929 | -31.3% |
| Fixed assets | 21/28 | €161,724 | €113,502 | -€48,222 | -29.8% |
| Tangible fixed assets | 22/27 | €160,324 | €112,102 | -€48,222 | -30.1% |
| Land and buildings | 22 | €32,885 | €11,910 | -€20,975 | -63.8% |
| Plant, machinery and equipment | 23 | €31,935 | €30,935 | -€999 | -3.1% |
| Furniture and vehicles | 24 | €95,504 | €69,257 | -€26,247 | -27.5% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €766,899 | €524,192 | -€242,707 | -31.6% |
| Amounts receivable within one year | 40/41 | €17,133 | €16,772 | -€361 | -2.1% |
| Other amounts receivable | 41 | €17,133 | €16,772 | -€361 | -2.1% |
| Current investments | 50/53 | €644,077 | €430,171 | -€213,907 | -33.2% |
| Cash at bank and in hand | 54/58 | €94,892 | €65,973 | -€28,919 | -30.5% |
| Deferred charges and accrued income | 490/1 | €10,796 | €11,276 | +€479 | +4.4% |
| Total equity and liabilities | 10/49 | €928,623 | €637,694 | -€290,929 | -31.3% |
| Equity | 10/15 | €827,684 | €604,686 | -€222,998 | -26.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €821,184 | €598,186 | -€222,998 | -27.2% |
| Tax-exempt reserves | 132 | €4,396 | €4,396 | = | 0.0% |
| Distributable reserves | 133 | €816,788 | €593,790 | -€222,998 | -27.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €100,939 | €33,008 | -€67,931 | -67.3% |
| Amounts payable after more than one year | 17 | €26,997 | €16,853 | -€10,144 | -37.6% |
| Financial debts | 170/4 | €26,997 | €16,853 | -€10,144 | -37.6% |
| Amounts payable within one year | 42/48 | €73,866 | €16,079 | -€57,788 | -78.2% |
| Current portion of amounts payable after more than one year | 42 | €9,774 | €10,144 | +€370 | +3.8% |
| Trade debts | 44 | €3,716 | €5,037 | +€1,321 | +35.6% |
| Suppliers | 440/4 | €3,716 | €5,037 | +€1,321 | +35.6% |
| Taxes, remuneration and social security | 45 | €0 | €721 | +€721 | |
| Taxes | 450/3 | €0 | €721 | +€721 | |
| Other amounts payable | 47/48 | €60,377 | €177 | -€60,200 | -99.7% |
| Accrued charges and deferred income | 492/3 | €75 | €76 | +€1 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,367 | €41,240 | -€1,127 | -2.7% |
| Other operating charges | 640/8 | €1,967 | €2,004 | +€36 | +1.8% |
| Non-recurring operating charges | 66A | - | €11,096 | +€11,096 | |
| Gross operating margin | 9900 | €180,878 | €214,389 | +€33,511 | +18.5% |
| Operating profit (loss) | 9901 | €136,544 | €160,050 | +€23,506 | +17.2% |
| Financial income | 75/76B | €193,658 | €33,245 | -€160,413 | -82.8% |
| Recurring financial income | 75 | €193,658 | €33,245 | -€160,413 | -82.8% |
| Financial charges | 65/66B | €8,413 | €7,642 | -€770 | -9.2% |
| Recurring financial charges | 65 | €8,413 | €7,642 | -€770 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €321,789 | €185,652 | -€136,136 | -42.3% |
| Income taxes | 67/77 | €99,080 | €55,960 | -€43,120 | -43.5% |
| Profit (loss) for the period | 9904 | €222,709 | €129,693 | -€93,016 | -41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €222,709 | €129,693 | -€93,016 | -41.8% |
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 16 October 2026 via checked.be.