FLOR'VETS: 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.
FLOR'VETS
Largest movements
- Cash +€80,451
up €80,451 (+155.3%), from €51,793 to €132,244
mainly Net result for the year (+€135,513) and Depreciation (+€87,951)
- Tangible fixed assets -€55,075
down €55,075 (-30.2%), from €182,539 to €127,464
of which Furniture and vehicles: -€48,602
- Intangible fixed assets -€12,500
down €12,500 (-36.4%), from €34,375 to €21,875
- Current investments +€11,659
up €11,659 (+28.1%), from €41,433 to €53,092
- Stocks and contracts +€7,262
up €7,262 (+7.8%), from €92,608 to €99,870
- Debts after one year -€52,080
down €52,080 (-58.5%), from €89,075 to €36,995
- Profit (loss) carried forward +€49,326
up €49,326 (+57.2%), from €86,186 to €135,513
- Other debts +€36,870
up €36,870 (+69.5%), from €53,043 to €89,913
- Contributions -€18,500
down €18,500 (-99.5%), from €18,600 to €100
- Tax, wage and social debts +€17,161
up €17,161 (+72.2%), from €23,773 to €40,934
of which Taxes: +€16,651
- Gross operating margin +€81,726
up €81,726 (+25.1%), from €325,628 to €407,353
- Taxes +€18,836
up €18,836 (+91.8%), from €20,509 to €39,345
- Staff costs +€5,389
up €5,389 (+4.3%), from €125,873 to €131,262
- Financial income -€5,164
down €5,164 (-77.5%), from €6,661 to €1,496
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 | €431,463 | €461,633 | +€30,170 | +7.0% |
| Fixed assets | 21/28 | €217,264 | €149,689 | -€67,575 | -31.1% |
| Intangible fixed assets | 21 | €34,375 | €21,875 | -€12,500 | -36.4% |
| Tangible fixed assets | 22/27 | €182,539 | €127,464 | -€55,075 | -30.2% |
| Plant, machinery and equipment | 23 | €29,595 | €23,122 | -€6,473 | -21.9% |
| Furniture and vehicles | 24 | €152,944 | €104,342 | -€48,602 | -31.8% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €214,199 | €311,944 | +€97,745 | +45.6% |
| Stocks and contracts in progress | 3 | €92,608 | €99,870 | +€7,262 | +7.8% |
| Stocks | 30/36 | €92,608 | €99,870 | +€7,262 | +7.8% |
| Amounts receivable within one year | 40/41 | €21,078 | €16,169 | -€4,909 | -23.3% |
| Trade receivables | 40 | €5,124 | €5,549 | +€425 | +8.3% |
| Other amounts receivable | 41 | €15,954 | €10,620 | -€5,334 | -33.4% |
| Current investments | 50/53 | €41,433 | €53,092 | +€11,659 | +28.1% |
| Cash at bank and in hand | 54/58 | €51,793 | €132,244 | +€80,451 | +155.3% |
| Deferred charges and accrued income | 490/1 | €7,287 | €10,569 | +€3,282 | +45.0% |
| Total equity and liabilities | 10/49 | €431,463 | €461,633 | +€30,170 | +7.0% |
| Equity | 10/15 | €179,719 | €210,545 | +€30,826 | +17.2% |
| Contributions | 10/11 | €18,600 | €100 | -€18,500 | -99.5% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €74,933 | €74,933 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,657 | €2,657 | = | 0.0% |
| Distributable reserves | 133 | €72,275 | €72,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,186 | €135,513 | +€49,326 | +57.2% |
| Amounts payable | 17/49 | €251,744 | €251,088 | -€656 | -0.3% |
| Amounts payable after more than one year | 17 | €89,075 | €36,995 | -€52,080 | -58.5% |
| Financial debts | 170/4 | €89,075 | €36,995 | -€52,080 | -58.5% |
| Amounts payable within one year | 42/48 | €156,159 | €206,523 | +€50,364 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €51,922 | €52,080 | +€158 | +0.3% |
| Trade debts | 44 | €27,421 | €23,596 | -€3,825 | -14.0% |
| Suppliers | 440/4 | €27,421 | €23,596 | -€3,825 | -14.0% |
| Taxes, remuneration and social security | 45 | €23,773 | €40,934 | +€17,161 | +72.2% |
| Taxes | 450/3 | €8,507 | €25,158 | +€16,651 | +195.7% |
| Remuneration and social security | 454/9 | €15,266 | €15,776 | +€510 | +3.3% |
| Other amounts payable | 47/48 | €53,043 | €89,913 | +€36,870 | +69.5% |
| Accrued charges and deferred income | 492/3 | €6,510 | €7,570 | +€1,060 | +16.3% |
| Remuneration, social security and pensions | 62 | €125,873 | €131,262 | +€5,389 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,349 | €87,951 | +€602 | +0.7% |
| Other operating charges | 640/8 | €2,441 | €4,881 | +€2,440 | +100.0% |
| Gross operating margin | 9900 | €325,628 | €407,353 | +€81,726 | +25.1% |
| Operating profit (loss) | 9901 | €109,964 | €183,259 | +€73,294 | +66.7% |
| Financial income | 75/76B | €6,661 | €1,496 | -€5,164 | -77.5% |
| Recurring financial income | 75 | €6,661 | €1,496 | -€5,164 | -77.5% |
| Financial charges | 65/66B | €9,930 | €9,897 | -€32 | -0.3% |
| Recurring financial charges | 65 | €9,930 | €9,897 | -€32 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €106,696 | €174,857 | +€68,162 | +63.9% |
| Income taxes | 67/77 | €20,509 | €39,345 | +€18,836 | +91.8% |
| Profit (loss) for the period | 9904 | €86,186 | €135,513 | +€49,326 | +57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €86,186 | €135,513 | +€49,326 | +57.2% |
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 8 October 2026 via checked.be.