FLOORMASTERS: what changed
What changed
FLOORMASTERS
NACE 46.835, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€221,014
2024 · €256,635-€35,621
Equity
€1.1m
2024 · €1.1m+€40,814
Cash
€312,917
2024 · €244,077+€68,840
Balance sheet total
€1.8m
2024 · €1.7m+€119,949
Largest movements
Assets
- Cash +€68,840
up €68,840 (+28.2%), from €244,077 to €312,917
mainly Net result for the year (+€221,014) and Trade debts (+€111,536)
- Receivables within one year +€26,389
up €26,389 (+6.4%), from €413,415 to €439,805
of which Other amounts receivable: +€13,310
Equity and liabilities
- Trade debts +€111,536
up €111,536 (+144%), from €77,382 to €188,918
- Other debts -€51,037
down €51,037 (-10.6%), from €481,237 to €430,200
- Reserves +€40,814
up €40,814 (+3.9%), from €1.0m to €1.1m
of which Distributable reserves: +€40,814
Income statement
- Gross operating margin -€62,938
down €62,938 (-11.1%), from €566,807 to €503,869
- Staff costs -€30,790
down €30,790 (-16.4%), from €188,254 to €157,464
- Taxes -€11,833
down €11,833 (-13.3%), from €88,708 to €76,875
- Depreciation +€11,626
up €11,626 (+29.6%), from €39,224 to €50,850
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€256,635
Gross operating margin
-€62,938
Staff costs
+€30,790
Depreciation
-€11,626
Other operating charges
+€39
Other operating items
+€856
Financial income
-€289
Financial charges
-€4,286
Taxes
+€11,833
Result 2025
€221,014
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€316,784
Investment
-€67,744
Financing
-€180,200
Cash 2024
€244,077
From operations (derived)
+€316,784
Net result for the year
+€221,014
Depreciation
+€50,850
Stocks and contracts
-€7,613
Receivables within one year
-€26,389
Deferred charges and accrued income
-€213
Trade debts
+€111,536
Tax, wage and social debts
+€14,320
Other debts
-€51,037
Accrued charges and deferred income
+€4,315
Investment (derived)
-€67,744
Investment in fixed assets (net)
-€67,744
Financing
-€180,200
Contributions, distributions and other
-€180,200
Cash 2025
€312,917
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,662,861 | €1,782,810 | +€119,949 | +7.2% |
| Fixed assets | 21/28 | €250,095 | €266,989 | +€16,895 | +6.8% |
| Tangible fixed assets | 22/27 | €250,095 | €266,989 | +€16,895 | +6.8% |
| Plant, machinery and equipment | 23 | €192,234 | €225,706 | +€33,472 | +17.4% |
| Furniture and vehicles | 24 | €57,861 | €41,284 | -€16,577 | -28.7% |
| Current assets | 29/58 | €1,412,766 | €1,515,820 | +€103,054 | +7.3% |
| Stocks and contracts in progress | 3 | €754,250 | €761,862 | +€7,613 | +1.0% |
| Stocks | 30/36 | €754,250 | €761,862 | +€7,613 | +1.0% |
| Amounts receivable within one year | 40/41 | €413,415 | €439,805 | +€26,389 | +6.4% |
| Trade receivables | 40 | €342,831 | €355,910 | +€13,080 | +3.8% |
| Other amounts receivable | 41 | €70,585 | €83,894 | +€13,310 | +18.9% |
| Cash at bank and in hand | 54/58 | €244,077 | €312,917 | +€68,840 | +28.2% |
| Deferred charges and accrued income | 490/1 | €1,024 | €1,236 | +€213 | +20.8% |
| Total equity and liabilities | 10/49 | €1,662,861 | €1,782,810 | +€119,949 | +7.2% |
| Equity | 10/15 | €1,069,745 | €1,110,559 | +€40,814 | +3.8% |
| Contributions | 10/11 | €33,706 | €33,706 | = | 0.0% |
| Reserves | 13 | €1,036,039 | €1,076,853 | +€40,814 | +3.9% |
| Tax-exempt reserves | 132 | €103,546 | €103,546 | = | 0.0% |
| Distributable reserves | 133 | €932,493 | €973,308 | +€40,814 | +4.4% |
| Amounts payable | 17/49 | €593,116 | €672,250 | +€79,134 | +13.3% |
| Amounts payable within one year | 42/48 | €593,116 | €667,935 | +€74,819 | +12.6% |
| Trade debts | 44 | €77,382 | €188,918 | +€111,536 | +144% |
| Suppliers | 440/4 | €77,382 | €188,918 | +€111,536 | +144% |
| Taxes, remuneration and social security | 45 | €34,498 | €48,817 | +€14,320 | +41.5% |
| Taxes | 450/3 | €18,296 | €21,043 | +€2,747 | +15.0% |
| Remuneration and social security | 454/9 | €16,202 | €27,774 | +€11,573 | +71.4% |
| Other amounts payable | 47/48 | €481,237 | €430,200 | -€51,037 | -10.6% |
| Accrued charges and deferred income | 492/3 | - | €4,315 | +€4,315 | |
| Non-recurring operating income | 76A | €5,537 | - | -€5,537 | |
| Remuneration, social security and pensions | 62 | €188,254 | €157,464 | -€30,790 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,224 | €50,850 | +€11,626 | +29.6% |
| Other operating charges | 640/8 | €1,957 | €1,918 | -€39 | -2.0% |
| Non-recurring operating charges | 66A | €1,106 | €250 | -€856 | -77.4% |
| Gross operating margin | 9900 | €566,807 | €503,869 | -€62,938 | -11.1% |
| Operating profit (loss) | 9901 | €336,266 | €293,388 | -€42,879 | -12.8% |
| Financial income | 75/76B | €10,603 | €10,314 | -€289 | -2.7% |
| Recurring financial income | 75 | €10,603 | €10,314 | -€289 | -2.7% |
| Financial charges | 65/66B | €1,526 | €5,812 | +€4,286 | +281% |
| Recurring financial charges | 65 | €1,526 | €5,812 | +€4,286 | +281% |
| Profit (loss) for the period before taxes | 9903 | €345,343 | €297,889 | -€47,454 | -13.7% |
| Income taxes | 67/77 | €88,708 | €76,875 | -€11,833 | -13.3% |
| Profit (loss) for the period | 9904 | €256,635 | €221,014 | -€35,621 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €256,635 | €221,014 | -€35,621 | -13.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.