FLOORTECH: what changed
Two fiscal 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.
What changed
FLOORTECH
NACE 43.331, Floor and wall tiling
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€67,735
2024 · €44,635+€23,100
Equity
€93,010
2024 · €225,275-€132,265
Cash
€284,233
2024 · €273,858+€10,375
Balance sheet total
€3.3m
2024 · €3.1m+€260,026
Largest movements
Assets
- Tangible fixed assets +€188,773
up €188,773 (+396.3%), from €47,636 to €236,409
of which Furniture and vehicles: +€140,690
- Stocks and contracts +€34,938
new in 2025: €34,938
Equity and liabilities
- Other debts +€284,671
up €284,671 (+86444.6%), from €329 to €285,000
- Reserves -€132,265
down €132,265 (-60.4%), from €219,075 to €86,810
- Trade debts +€68,410
up €68,410 (+2.5%), from €2.7m to €2.8m
- Debts after one year +€36,979
new in 2025: €36,979
- Advances received -€36,061
down €36,061 (-70.0%), from €51,530 to €15,469
Income statement
- Gross operating margin +€987,968
up €987,968 (+1265.0%), from €78,098 to €1.1m
- Staff costs +€699,789
new in 2025: €699,789
- Other operating charges +€186,474
up €186,474 (+158028.6%), from €118 to €186,592
- Write-downs +€43,615
new in 2025: €43,615
- Depreciation +€25,720
up €25,720 (+151.1%), from €17,023 to €42,742
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.
Result 2024
€44,635
Gross operating margin
+€987,968
Staff costs
-€699,789
Depreciation
-€25,720
Write-downs
-€43,615
Other operating charges
-€186,474
Other operating items
-€860
Financial income
+€14,133
Financial charges
-€6,928
Taxes
-€15,616
Result 2025
€67,735
Cash bridge derived
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.
From operations
+€405,169
Investment
-€241,007
Financing
-€153,787
Cash 2024
€273,858
From operations (derived)
+€405,169
Net result for the year
+€67,735
Depreciation
+€42,742
Stocks and contracts
-€34,938
Receivables within one year
-€16,270
Deferred charges and accrued income
-€179
Trade debts
+€68,410
Tax, wage and social debts
+€29,058
Advances received
-€36,061
Other debts
+€284,671
Investment (derived)
-€241,007
Investment in fixed assets (net)
-€241,007
Financing
-€153,787
Debts after one year
+€36,979
Current portion of long-term debt
+€9,234
Contributions, distributions and other
-€200,000
Cash 2025
€284,233
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,083,063 | €3,343,089 | +€260,026 | +8.4% |
| Fixed assets | 21/28 | €56,644 | €254,909 | +€198,264 | +350.0% |
| Intangible fixed assets | 21 | €7,268 | €18,000 | +€10,732 | +147.7% |
| Tangible fixed assets | 22/27 | €47,636 | €236,409 | +€188,773 | +396.3% |
| Plant, machinery and equipment | 23 | €47,636 | €95,719 | +€48,083 | +100.9% |
| Furniture and vehicles | 24 | - | €140,690 | +€140,690 | |
| Financial fixed assets | 28 | €1,741 | €500 | -€1,241 | -71.3% |
| Current assets | 29/58 | €3,026,419 | €3,088,181 | +€61,762 | +2.0% |
| Stocks and contracts in progress | 3 | - | €34,938 | +€34,938 | |
| Stocks | 30/36 | - | €34,938 | +€34,938 | |
| Amounts receivable within one year | 40/41 | €2,752,358 | €2,768,628 | +€16,270 | +0.6% |
| Trade receivables | 40 | €2,726,259 | €2,721,202 | -€5,056 | -0.2% |
| Other amounts receivable | 41 | €26,099 | €47,426 | +€21,327 | +81.7% |
| Cash at bank and in hand | 54/58 | €273,858 | €284,233 | +€10,375 | +3.8% |
| Deferred charges and accrued income | 490/1 | €203 | €382 | +€179 | +87.9% |
| Total equity and liabilities | 10/49 | €3,083,063 | €3,343,089 | +€260,026 | +8.4% |
| Equity | 10/15 | €225,275 | €93,010 | -€132,265 | -58.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €219,075 | €86,810 | -€132,265 | -60.4% |
| Distributable reserves | 133 | €219,075 | €86,810 | -€132,265 | -60.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,857,788 | €3,250,079 | +€392,291 | +13.7% |
| Amounts payable after more than one year | 17 | - | €36,979 | +€36,979 | |
| Financial debts | 170/4 | - | €36,979 | +€36,979 | |
| Amounts payable within one year | 42/48 | €2,857,788 | €3,213,100 | +€355,312 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | - | €9,234 | +€9,234 | |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Other loans | 439 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €2,735,426 | €2,803,836 | +€68,410 | +2.5% |
| Suppliers | 440/4 | €2,735,426 | €2,803,836 | +€68,410 | +2.5% |
| Advances received on contracts in progress | 46 | €51,530 | €15,469 | -€36,061 | -70.0% |
| Taxes, remuneration and social security | 45 | €45,503 | €74,561 | +€29,058 | +63.9% |
| Taxes | 450/3 | €45,503 | €49,411 | +€3,908 | +8.6% |
| Remuneration and social security | 454/9 | - | €25,150 | +€25,150 | |
| Other amounts payable | 47/48 | €329 | €285,000 | +€284,671 | +86444.6% |
| Remuneration, social security and pensions | 62 | - | €699,789 | +€699,789 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,023 | €42,742 | +€25,720 | +151.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €43,615 | +€43,615 | |
| Other operating charges | 640/8 | €118 | €186,592 | +€186,474 | +158028.6% |
| Non-recurring operating charges | 66A | - | €860 | +€860 | |
| Gross operating margin | 9900 | €78,098 | €1,066,066 | +€987,968 | +1265.0% |
| Operating profit (loss) | 9901 | €60,958 | €92,469 | +€31,511 | +51.7% |
| Financial income | 75/76B | €13,161 | €27,295 | +€14,133 | +107.4% |
| Recurring financial income | 75 | €13,161 | €27,295 | +€14,133 | +107.4% |
| Financial charges | 65/66B | €15,689 | €22,617 | +€6,928 | +44.2% |
| Recurring financial charges | 65 | €15,689 | €22,617 | +€6,928 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | €58,430 | €97,146 | +€38,716 | +66.3% |
| Income taxes | 67/77 | €13,795 | €29,411 | +€15,616 | +113.2% |
| Profit (loss) for the period | 9904 | €44,635 | €67,735 | +€23,100 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,635 | €67,735 | +€23,100 | +51.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.