FLOR HOLVOET: 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 HOLVOET
Largest movements
- Cash -€1,503
down €1,503 (-5.1%), from €29,295 to €27,791
mainly Contributions, distributions and other (-€20,000) and Tax, wage and social debts (-€10,558)
- Deferred charges and accrued income +€1,365
up €1,365 (+859%), from €159 to €1,524
- Tax, wage and social debts -€10,558
down €10,558 (-68.4%), from €15,434 to €4,876
of which Remuneration and social security: -€5,504
- Other debts +€5,393
up €5,393 (+36.0%), from €15,000 to €20,393
- Current portion of long-term debt +€5,308
up €5,308 (+75.4%), from €7,038 to €12,346
- Reserves -€3,758
down €3,758 (-100%), from €3,758 to €0
- Debts after one year +€2,237
up €2,237 (+22.4%), from €10,000 to €12,237
- Financial income +€5,444
up €5,444 (+10,531%), from €52 to €5,496
of which Non-recurring financial income: +€5,460
- Gross operating margin -€5,037
down €5,037 (-20.3%), from €24,802 to €19,765
- Depreciation -€1,960
down €1,960 (-45.0%), from €4,358 to €2,398
- Taxes -€1,432
down €1,432 (-21.9%), from €6,526 to €5,095
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 | €53,196 | €53,504 | +€308 | +0.6% |
| Fixed assets | 21/28 | €8,631 | €9,043 | +€412 | +4.8% |
| Tangible fixed assets | 22/27 | €8,631 | €9,043 | +€412 | +4.8% |
| Furniture and vehicles | 24 | €6,882 | €7,853 | +€971 | +14.1% |
| Other tangible fixed assets | 26 | €1,749 | €1,190 | -€559 | -32.0% |
| Current assets | 29/58 | €44,565 | €44,461 | -€104 | -0.2% |
| Amounts receivable within one year | 40/41 | €15,112 | €15,146 | +€34 | +0.2% |
| Trade receivables | 40 | €11,176 | €7,791 | -€3,384 | -30.3% |
| Other amounts receivable | 41 | €3,936 | €7,355 | +€3,419 | +86.8% |
| Cash at bank and in hand | 54/58 | €29,295 | €27,791 | -€1,503 | -5.1% |
| Deferred charges and accrued income | 490/1 | €159 | €1,524 | +€1,365 | +859% |
| Total equity and liabilities | 10/49 | €53,196 | €53,504 | +€308 | +0.6% |
| Equity | 10/15 | €4,758 | €1,257 | -€3,501 | -73.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €3,758 | €0 | -€3,758 | -100% |
| Distributable reserves | 133 | €3,758 | €0 | -€3,758 | -100% |
| Profit (loss) carried forward | 14 | €0 | €257 | +€257 | |
| Amounts payable | 17/49 | €48,438 | €52,247 | +€3,809 | +7.9% |
| Amounts payable after more than one year | 17 | €10,000 | €12,237 | +€2,237 | +22.4% |
| Financial debts | 170/4 | €10,000 | €12,237 | +€2,237 | +22.4% |
| Amounts payable within one year | 42/48 | €38,438 | €40,010 | +€1,572 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €7,038 | €12,346 | +€5,308 | +75.4% |
| Financial debts | 43 | €622 | €105 | -€517 | -83.1% |
| Credit institutions | 430/8 | €622 | €105 | -€517 | -83.1% |
| Trade debts | 44 | €344 | €2,290 | +€1,946 | +566% |
| Suppliers | 440/4 | €344 | €2,290 | +€1,946 | +566% |
| Taxes, remuneration and social security | 45 | €15,434 | €4,876 | -€10,558 | -68.4% |
| Taxes | 450/3 | €9,930 | €4,876 | -€5,054 | -50.9% |
| Remuneration and social security | 454/9 | €5,504 | €0 | -€5,504 | -100% |
| Other amounts payable | 47/48 | €15,000 | €20,393 | +€5,393 | +36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,358 | €2,398 | -€1,960 | -45.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€133 | -€158 | -€25 | -18.9% |
| Other operating charges | 640/8 | €505 | €710 | +€205 | +40.6% |
| Gross operating margin | 9900 | €24,802 | €19,765 | -€5,037 | -20.3% |
| Operating profit (loss) | 9901 | €20,071 | €16,814 | -€3,257 | -16.2% |
| Financial income | 75/76B | €52 | €5,496 | +€5,444 | +10,531% |
| Recurring financial income | 75 | €52 | €36 | -€16 | -30.3% |
| Non-recurring financial income | 76B | - | €5,460 | +€5,460 | |
| Financial charges | 65/66B | €871 | €717 | -€154 | -17.6% |
| Recurring financial charges | 65 | €871 | €717 | -€154 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €19,252 | €21,593 | +€2,341 | +12.2% |
| Income taxes | 67/77 | €6,526 | €5,095 | -€1,432 | -21.9% |
| Profit (loss) for the period | 9904 | €12,726 | €16,499 | +€3,773 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,726 | €16,499 | +€3,773 | +29.6% |
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 18 October 2026 via checked.be.