FLORA CREAVERDI: 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.
FLORA CREAVERDI
Largest movements
- Cash -€44,001
down €44,001 (-57.5%), from €76,502 to €32,500
mainly Other debts (-€32,321) and Debts after one year (-€28,585)
- Stocks and contracts +€21,356
up €21,356 (+100.0%), from €21,357 to €42,712
- Tangible fixed assets -€20,264
down €20,264 (-3.2%), from €633,721 to €613,457
of which Land and buildings: -€17,256
- Other debts -€32,321
down €32,321 (-16.9%), from €190,943 to €158,623
- Debts after one year -€28,585
down €28,585 (-7.1%), from €401,572 to €372,987
- Trade debts -€28,180
down €28,180 (-71.1%), from €39,660 to €11,480
- Reserves +€23,309
up €23,309 (+38.5%), from €60,621 to €83,930
of which Distributable reserves: +€23,309
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Financial charges -€16,508
down €16,508 (-57.8%), from €28,549 to €12,041
- Gross operating margin -€10,349
down €10,349 (-11.9%), from €86,937 to €76,588
- Taxes +€1,303
up €1,303 (+12.6%), from €10,362 to €11,664
- Depreciation +€1,083
up €1,083 (+5.4%), from €20,139 to €21,223
- Other operating charges -€1,082
down €1,082 (-11.4%), from €9,502 to €8,420
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 | €761,638 | €714,387 | -€47,251 | -6.2% |
| Fixed assets | 21/28 | €633,721 | €613,457 | -€20,264 | -3.2% |
| Tangible fixed assets | 22/27 | €633,721 | €613,457 | -€20,264 | -3.2% |
| Land and buildings | 22 | €604,319 | €587,064 | -€17,256 | -2.9% |
| Plant, machinery and equipment | 23 | €4,596 | €4,123 | -€473 | -10.3% |
| Furniture and vehicles | 24 | €928 | €578 | -€351 | -37.8% |
| Other tangible fixed assets | 26 | €23,878 | €21,693 | -€2,185 | -9.2% |
| Current assets | 29/58 | €127,917 | €100,931 | -€26,987 | -21.1% |
| Stocks and contracts in progress | 3 | €21,357 | €42,712 | +€21,356 | +100.0% |
| Stocks | 30/36 | €21,357 | €42,712 | +€21,356 | +100.0% |
| Amounts receivable within one year | 40/41 | €30,059 | €25,718 | -€4,341 | -14.4% |
| Trade receivables | 40 | €30,022 | €25,000 | -€5,022 | -16.7% |
| Other amounts receivable | 41 | €36 | €718 | +€682 | +1,876% |
| Cash at bank and in hand | 54/58 | €76,502 | €32,500 | -€44,001 | -57.5% |
| Total equity and liabilities | 10/49 | €761,638 | €714,387 | -€47,251 | -6.2% |
| Equity | 10/15 | €78,183 | €113,892 | +€35,709 | +45.7% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €60,621 | €83,930 | +€23,309 | +38.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,761 | €82,070 | +€23,309 | +39.7% |
| Profit (loss) carried forward | 14 | €11,362 | €11,362 | = | 0.0% |
| Amounts payable | 17/49 | €683,455 | €600,495 | -€82,960 | -12.1% |
| Amounts payable after more than one year | 17 | €401,572 | €372,987 | -€28,585 | -7.1% |
| Financial debts | 170/4 | €401,572 | €372,987 | -€28,585 | -7.1% |
| Amounts payable within one year | 42/48 | €280,427 | €227,508 | -€52,919 | -18.9% |
| Financial debts | 43 | €27,461 | €28,585 | +€1,124 | +4.1% |
| Credit institutions | 430/8 | €27,461 | €28,585 | +€1,124 | +4.1% |
| Trade debts | 44 | €39,660 | €11,480 | -€28,180 | -71.1% |
| Suppliers | 440/4 | €39,660 | €11,480 | -€28,180 | -71.1% |
| Taxes, remuneration and social security | 45 | €22,363 | €28,821 | +€6,458 | +28.9% |
| Taxes | 450/3 | €22,363 | €28,821 | +€6,458 | +28.9% |
| Other amounts payable | 47/48 | €190,943 | €158,623 | -€32,321 | -16.9% |
| Accrued charges and deferred income | 492/3 | €1,456 | - | -€1,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,139 | €21,223 | +€1,083 | +5.4% |
| Other operating charges | 640/8 | €9,502 | €8,420 | -€1,082 | -11.4% |
| Gross operating margin | 9900 | €86,937 | €76,588 | -€10,349 | -11.9% |
| Operating profit (loss) | 9901 | €57,295 | €46,945 | -€10,350 | -18.1% |
| Financial income | 75/76B | €592 | €70 | -€522 | -88.2% |
| Recurring financial income | 75 | €592 | €70 | -€522 | -88.2% |
| Financial charges | 65/66B | €28,549 | €12,041 | -€16,508 | -57.8% |
| Recurring financial charges | 65 | €28,549 | €12,041 | -€16,508 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €29,338 | €34,973 | +€5,636 | +19.2% |
| Income taxes | 67/77 | €10,362 | €11,664 | +€1,303 | +12.6% |
| Profit (loss) for the period | 9904 | €18,976 | €23,309 | +€4,333 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,976 | €23,309 | +€4,333 | +22.8% |
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 19 October 2026 via checked.be.