FLOORWORKS: 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.
FLOORWORKS
Largest movements
- Receivables within one year -€114,696
down €114,696 (-38.0%), from €301,721 to €187,026
of which Trade receivables: -€108,124
- Tangible fixed assets -€47,527
down €47,527 (-22.2%), from €213,818 to €166,291
of which Land and buildings: -€36,814
- Cash +€28,458
up €28,458 (+5.0%), from €571,647 to €600,105
mainly Receivables within one year (+€114,696) and Depreciation (+€47,527)
- Stocks and contracts -€13,600
down €13,600 (-100.0%), from €13,600 to €0
- Profit (loss) carried forward -€71,531
new in 2025: -€71,531
- Trade debts -€45,342
down €45,342 (-78.1%), from €58,040 to €12,698
- Tax, wage and social debts -€26,250
down €26,250 (-97.9%), from €26,821 to €571
of which Taxes: -€23,986
- Gross operating margin -€202,771
down €202,771, from €169,698 to -€33,072
- Taxes -€44,747
down €44,747, from €44,740 to -€7
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,101,740 | €953,745 | -€147,995 | -13.4% |
| Fixed assets | 21/28 | €213,818 | €166,291 | -€47,527 | -22.2% |
| Tangible fixed assets | 22/27 | €213,818 | €166,291 | -€47,527 | -22.2% |
| Land and buildings | 22 | €196,629 | €159,815 | -€36,814 | -18.7% |
| Plant, machinery and equipment | 23 | €454 | €107 | -€347 | -76.5% |
| Furniture and vehicles | 24 | €16,735 | €6,370 | -€10,365 | -61.9% |
| Current assets | 29/58 | €887,922 | €787,454 | -€100,468 | -11.3% |
| Stocks and contracts in progress | 3 | €13,600 | €0 | -€13,600 | -100.0% |
| Stocks | 30/36 | €13,600 | €0 | -€13,600 | -100.0% |
| Amounts receivable within one year | 40/41 | €301,721 | €187,026 | -€114,696 | -38.0% |
| Trade receivables | 40 | €123,371 | €15,247 | -€108,124 | -87.6% |
| Other amounts receivable | 41 | €178,350 | €171,779 | -€6,572 | -3.7% |
| Cash at bank and in hand | 54/58 | €571,647 | €600,105 | +€28,458 | +5.0% |
| Deferred charges and accrued income | 490/1 | €953 | €323 | -€631 | -66.1% |
| Total equity and liabilities | 10/49 | €1,101,740 | €953,745 | -€147,995 | -13.4% |
| Equity | 10/15 | €973,025 | €898,817 | -€74,208 | -7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €954,425 | €951,749 | -€2,677 | -0.3% |
| Non-distributable reserves | 130/1 | €37,100 | €37,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €37,100 | €37,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,718 | €12,041 | -€2,677 | -18.2% |
| Distributable reserves | 133 | €902,607 | €902,607 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€71,531 | -€71,531 | |
| Provisions and deferred taxes | 16 | €7,580 | €6,202 | -€1,378 | -18.2% |
| Deferred taxes | 168 | €7,580 | €6,202 | -€1,378 | -18.2% |
| Amounts payable | 17/49 | €121,135 | €48,726 | -€72,409 | -59.8% |
| Amounts payable after more than one year | 17 | €32,100 | €32,857 | +€757 | +2.4% |
| Financial debts | 170/4 | €32,100 | €32,857 | +€757 | +2.4% |
| Amounts payable within one year | 42/48 | €87,935 | €14,769 | -€73,166 | -83.2% |
| Current portion of amounts payable after more than one year | 42 | €1,500 | €1,500 | = | 0.0% |
| Trade debts | 44 | €58,040 | €12,698 | -€45,342 | -78.1% |
| Suppliers | 440/4 | €58,040 | €12,698 | -€45,342 | -78.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €26,821 | €571 | -€26,250 | -97.9% |
| Taxes | 450/3 | €24,557 | €571 | -€23,986 | -97.7% |
| Remuneration and social security | 454/9 | €2,264 | €0 | -€2,264 | -100.0% |
| Other amounts payable | 47/48 | €1,574 | €0 | -€1,574 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,100 | €1,100 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,729 | €47,527 | -€202 | -0.4% |
| Other operating charges | 640/8 | €5,018 | €4,041 | -€977 | -19.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €169,698 | -€33,072 | -€202,771 | |
| Operating profit (loss) | 9901 | €116,952 | -€84,640 | -€201,592 | |
| Financial income | 75/76B | €9,398 | €9,794 | +€396 | +4.2% |
| Recurring financial income | 75 | €9,398 | €9,794 | +€396 | +4.2% |
| Financial charges | 65/66B | €1,420 | €747 | -€673 | -47.4% |
| Recurring financial charges | 65 | €1,420 | €747 | -€673 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €124,930 | -€75,593 | -€200,523 | |
| Transfer from deferred taxes | 780 | €1,378 | €1,378 | = | 0.0% |
| Income taxes | 67/77 | €44,740 | -€7 | -€44,747 | |
| Profit (loss) for the period | 9904 | €81,568 | -€74,208 | -€155,776 | |
| Transfer from tax-exempt reserves | 789 | €2,677 | €2,677 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,245 | -€71,531 | -€155,776 |
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 10 October 2026 via checked.be.