FLORA: 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.
FLORA
Largest movements
- Current investments -€180,000
no longer reported in 2025 (was €180,000)
- Cash +€159,969
up €159,969 (+364.3%), from €43,910 to €203,880
mainly Current investments (+€180,000) and Depreciation (+€40,351)
- Tangible fixed assets -€10,356
down €10,356 (-8.0%), from €129,137 to €118,781
of which Plant, machinery and equipment: -€10,086
- Receivables within one year -€5,840
down €5,840 (-46.3%), from €12,622 to €6,782
of which Trade receivables: -€4,836
- Profit (loss) carried forward -€50,640
down €50,640 (-18.6%), from -€271,952 to -€322,591
- Other debts +€9,589
up €9,589 (+12.6%), from €76,297 to €85,886
- Trade debts +€4,407
up €4,407 (+179.4%), from €2,456 to €6,863
- Gross operating margin +€21,115
up €21,115 (+96.4%), from -€21,912 to -€797
- Financial income -€6,574
down €6,574 (-98.3%), from €6,691 to €117
- Depreciation +€2,150
up €2,150 (+5.6%), from €38,201 to €40,351
- Financial charges -€814
down €814 (-10.1%), from €8,078 to €7,264
- Other operating charges -€559
down €559 (-22.3%), from €2,505 to €1,946
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 | €380,753 | €344,298 | -€36,455 | -9.6% |
| Fixed assets | 21/28 | €131,079 | €119,951 | -€11,128 | -8.5% |
| Intangible fixed assets | 21 | €1,942 | €1,169 | -€772 | -39.8% |
| Tangible fixed assets | 22/27 | €129,137 | €118,781 | -€10,356 | -8.0% |
| Plant, machinery and equipment | 23 | €68,137 | €58,051 | -€10,086 | -14.8% |
| Furniture and vehicles | 24 | €53,848 | €55,081 | +€1,233 | +2.3% |
| Other tangible fixed assets | 26 | €7,152 | €5,649 | -€1,502 | -21.0% |
| Current assets | 29/58 | €249,674 | €224,347 | -€25,327 | -10.1% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,622 | €6,782 | -€5,840 | -46.3% |
| Trade receivables | 40 | €9,212 | €4,377 | -€4,836 | -52.5% |
| Other amounts receivable | 41 | €3,409 | €2,406 | -€1,004 | -29.4% |
| Current investments | 50/53 | €180,000 | - | -€180,000 | |
| Cash at bank and in hand | 54/58 | €43,910 | €203,880 | +€159,969 | +364.3% |
| Deferred charges and accrued income | 490/1 | €11,142 | €11,685 | +€543 | +4.9% |
| Total equity and liabilities | 10/49 | €380,753 | €344,298 | -€36,455 | -9.6% |
| Equity | 10/15 | €209,405 | €158,766 | -€50,640 | -24.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €462,757 | €462,757 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,060 | €36,060 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36,060 | €36,060 | = | 0.0% |
| Distributable reserves | 133 | €426,697 | €426,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€271,952 | -€322,591 | -€50,640 | -18.6% |
| Amounts payable | 17/49 | €171,347 | €185,532 | +€14,185 | +8.3% |
| Amounts payable within one year | 42/48 | €171,324 | €185,520 | +€14,196 | +8.3% |
| Financial debts | 43 | €90,000 | €90,000 | = | 0.0% |
| Other loans | 439 | €90,000 | €90,000 | = | 0.0% |
| Trade debts | 44 | €2,456 | €6,863 | +€4,407 | +179.4% |
| Suppliers | 440/4 | €2,456 | €6,863 | +€4,407 | +179.4% |
| Taxes, remuneration and social security | 45 | €2,570 | €2,771 | +€200 | +7.8% |
| Taxes | 450/3 | €2,570 | €2,771 | +€200 | +7.8% |
| Other amounts payable | 47/48 | €76,297 | €85,886 | +€9,589 | +12.6% |
| Accrued charges and deferred income | 492/3 | €23 | €12 | -€12 | -49.7% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,201 | €40,351 | +€2,150 | +5.6% |
| Other operating charges | 640/8 | €2,505 | €1,946 | -€559 | -22.3% |
| Non-recurring operating charges | 66A | €124 | - | -€124 | |
| Gross operating margin | 9900 | -€21,912 | -€797 | +€21,115 | +96.4% |
| Operating profit (loss) | 9901 | -€62,742 | -€43,094 | +€19,648 | +31.3% |
| Financial income | 75/76B | €6,691 | €117 | -€6,574 | -98.3% |
| Recurring financial income | 75 | €6,691 | €117 | -€6,574 | -98.3% |
| Financial charges | 65/66B | €8,078 | €7,264 | -€814 | -10.1% |
| Recurring financial charges | 65 | €8,078 | €7,264 | -€814 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,129 | -€50,241 | +€13,888 | +21.7% |
| Income taxes | 67/77 | €320 | €399 | +€79 | +24.8% |
| Profit (loss) for the period | 9904 | -€64,448 | -€50,640 | +€13,809 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,448 | -€50,640 | +€13,809 | +21.4% |
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 29 September 2026 via checked.be.