FLOR - ART: 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.
FLOR - ART
Largest movements
- Receivables within one year +€11,942
up €11,942 (+34.3%), from €34,802 to €46,745
of which Other amounts receivable: +€46,169
- Cash -€3,065
down €3,065 (-23.7%), from €12,919 to €9,854
mainly Short-term financial debts (-€14,276) and Receivables within one year (-€11,942)
- Trade debts +€27,980
up €27,980 (+659%), from €4,244 to €32,224
- Short-term financial debts -€14,276
down €14,276 (-100%), from €14,276 to €0
of which Credit institutions: -€14,276
- Other debts +€8,807
up €8,807 (+131%), from €6,730 to €15,538
- Debts after one year -€7,045
down €7,045 (-27.0%), from €26,091 to €19,047
- Profit (loss) carried forward -€6,311
down €6,311 (-19.1%), from €33,112 to €26,801
- Gross operating margin -€18,717
down €18,717 (-61.6%), from €30,406 to €11,689
- Taxes -€4,524
down €4,524 (-97.0%), from €4,665 to €141
- Depreciation +€2,104
up €2,104 (+22.7%), from €9,265 to €11,368
- Other operating charges +€940
new in 2025: €940
- Staff costs -€933
down €933 (-72.9%), from €1,279 to €346
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 | €132,573 | €140,071 | +€7,497 | +5.7% |
| Fixed assets | 21/28 | €73,362 | €72,144 | -€1,218 | -1.7% |
| Tangible fixed assets | 22/27 | €73,362 | €72,144 | -€1,218 | -1.7% |
| Land and buildings | 22 | €36,871 | €34,311 | -€2,559 | -6.9% |
| Plant, machinery and equipment | 23 | €1,364 | €10,343 | +€8,979 | +658% |
| Furniture and vehicles | 24 | €35,127 | €27,490 | -€7,638 | -21.7% |
| Current assets | 29/58 | €59,211 | €67,926 | +€8,715 | +14.7% |
| Stocks and contracts in progress | 3 | €11,327 | €11,327 | = | 0.0% |
| Stocks | 30/36 | €11,327 | €11,327 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,802 | €46,745 | +€11,942 | +34.3% |
| Trade receivables | 40 | €34,248 | €22 | -€34,226 | -99.9% |
| Other amounts receivable | 41 | €554 | €46,723 | +€46,169 | +8,333% |
| Cash at bank and in hand | 54/58 | €12,919 | €9,854 | -€3,065 | -23.7% |
| Deferred charges and accrued income | 490/1 | €162 | - | -€162 | |
| Total equity and liabilities | 10/49 | €132,573 | €140,071 | +€7,497 | +5.7% |
| Equity | 10/15 | €70,705 | €64,394 | -€6,311 | -8.9% |
| Contributions | 10/11 | €10,263 | €10,263 | = | 0.0% |
| Contributions outside capital | 11 | €10,263 | - | -€10,263 | |
| Other | 1109/19 | €10,263 | - | -€10,263 | |
| Reserves | 13 | €27,331 | €27,331 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,063 | €2,063 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,063 | €2,063 | = | 0.0% |
| Distributable reserves | 133 | €25,267 | €25,267 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,112 | €26,801 | -€6,311 | -19.1% |
| Amounts payable | 17/49 | €61,868 | €75,676 | +€13,809 | +22.3% |
| Amounts payable after more than one year | 17 | €26,091 | €19,047 | -€7,045 | -27.0% |
| Financial debts | 170/4 | €26,091 | €19,047 | -€7,045 | -27.0% |
| Amounts payable within one year | 42/48 | €35,776 | €56,630 | +€20,853 | +58.3% |
| Current portion of amounts payable after more than one year | 42 | €6,738 | €7,045 | +€306 | +4.5% |
| Financial debts | 43 | €14,276 | €0 | -€14,276 | -100% |
| Credit institutions | 430/8 | €14,276 | - | -€14,276 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €4,244 | €32,224 | +€27,980 | +659% |
| Suppliers | 440/4 | €4,244 | €32,224 | +€27,980 | +659% |
| Taxes, remuneration and social security | 45 | €3,788 | €1,824 | -€1,964 | -51.9% |
| Taxes | 450/3 | €3,788 | €1,486 | -€2,302 | -60.8% |
| Remuneration and social security | 454/9 | - | €338 | +€338 | |
| Other amounts payable | 47/48 | €6,730 | €15,538 | +€8,807 | +131% |
| Non-recurring operating income | 76A | €6,000 | €1,558 | -€4,442 | -74.0% |
| Remuneration, social security and pensions | 62 | €1,279 | €346 | -€933 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,265 | €11,368 | +€2,104 | +22.7% |
| Other operating charges | 640/8 | - | €940 | +€940 | |
| Non-recurring operating charges | 66A | - | €1,384 | +€1,384 | |
| Gross operating margin | 9900 | €30,406 | €11,689 | -€18,717 | -61.6% |
| Operating profit (loss) | 9901 | €19,863 | -€2,350 | -€22,212 | |
| Financial income | 75/76B | €192 | €0 | -€192 | -100% |
| Recurring financial income | 75 | €192 | €0 | -€192 | -100% |
| Non-recurring financial income | 76B | €192 | €0 | -€192 | -100% |
| Financial charges | 65/66B | €3,376 | €3,821 | +€444 | +13.2% |
| Recurring financial charges | 65 | €3,271 | €3,821 | +€549 | +16.8% |
| Non-recurring financial charges | 66B | €105 | €0 | -€105 | -100% |
| Profit (loss) for the period before taxes | 9903 | €16,678 | -€6,170 | -€22,849 | |
| Income taxes | 67/77 | €4,665 | €141 | -€4,524 | -97.0% |
| Profit (loss) for the period | 9904 | €12,014 | -€6,311 | -€18,325 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,014 | -€6,311 | -€18,325 |
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 13 October 2026 via checked.be.