Flora Worx: 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 Worx
Largest movements
- Receivables within one year +€8,633
up €8,633 (+48.8%), from €17,693 to €26,326
of which Other amounts receivable: +€17,559
- Cash -€2,983
down €2,983 (-93.4%), from €3,194 to €211
mainly Receivables within one year (-€8,633) and Trade debts (-€8,377)
- Tangible fixed assets +€1,495
up €1,495 (+2.4%), from €61,434 to €62,930
of which Furniture and vehicles: +€1,932
- Profit (loss) carried forward +€14,141
up €14,141 (+111%), from €12,731 to €26,872
- Trade debts -€8,377
down €8,377 (-84.9%), from €9,861 to €1,484
- Debts after one year -€2,879
down €2,879 (-5.7%), from €50,318 to €47,439
- Tax, wage and social debts +€2,598
up €2,598 (+52.5%), from €4,946 to €7,544
- Current portion of long-term debt +€2,461
up €2,461 (+88.5%), from €2,780 to €5,241
- Gross operating margin +€2,487
up €2,487 (+12.5%), from €19,858 to €22,345
- Depreciation +€1,794
up €1,794 (+986%), from €182 to €1,976
- Taxes -€1,212
down €1,212 (-25.3%), from €4,785 to €3,572
- Financial charges +€1,173
up €1,173 (+107%), from €1,100 to €2,274
- Other operating charges +€604
up €604 (+136%), from €445 to €1,049
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,437 | €89,580 | +€7,143 | +8.7% |
| Fixed assets | 21/28 | €61,434 | €62,930 | +€1,495 | +2.4% |
| Tangible fixed assets | 22/27 | €61,434 | €62,930 | +€1,495 | +2.4% |
| Land and buildings | 22 | €57,000 | €57,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,434 | €3,997 | -€437 | -9.9% |
| Furniture and vehicles | 24 | - | €1,932 | +€1,932 | |
| Current assets | 29/58 | €21,003 | €26,650 | +€5,648 | +26.9% |
| Amounts receivable within one year | 40/41 | €17,693 | €26,326 | +€8,633 | +48.8% |
| Trade receivables | 40 | €11,975 | €3,050 | -€8,925 | -74.5% |
| Other amounts receivable | 41 | €5,718 | €23,277 | +€17,559 | +307% |
| Cash at bank and in hand | 54/58 | €3,194 | €211 | -€2,983 | -93.4% |
| Deferred charges and accrued income | 490/1 | €115 | €113 | -€3 | -2.3% |
| Total equity and liabilities | 10/49 | €82,437 | €89,580 | +€7,143 | +8.7% |
| Equity | 10/15 | €13,731 | €27,872 | +€14,141 | +103% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,731 | €26,872 | +€14,141 | +111% |
| Amounts payable | 17/49 | €68,706 | €61,708 | -€6,998 | -10.2% |
| Amounts payable after more than one year | 17 | €50,318 | €47,439 | -€2,879 | -5.7% |
| Financial debts | 170/4 | €50,318 | €47,439 | -€2,879 | -5.7% |
| Amounts payable within one year | 42/48 | €18,388 | €14,269 | -€4,119 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €2,780 | €5,241 | +€2,461 | +88.5% |
| Trade debts | 44 | €9,861 | €1,484 | -€8,377 | -84.9% |
| Suppliers | 440/4 | €9,861 | €1,484 | -€8,377 | -84.9% |
| Taxes, remuneration and social security | 45 | €4,946 | €7,544 | +€2,598 | +52.5% |
| Taxes | 450/3 | €4,946 | €7,544 | +€2,598 | +52.5% |
| Other amounts payable | 47/48 | €800 | - | -€800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182 | €1,976 | +€1,794 | +986% |
| Other operating charges | 640/8 | €445 | €1,049 | +€604 | +136% |
| Gross operating margin | 9900 | €19,858 | €22,345 | +€2,487 | +12.5% |
| Operating profit (loss) | 9901 | €19,231 | €19,319 | +€89 | +0.5% |
| Financial income | 75/76B | €186 | €667 | +€481 | +259% |
| Recurring financial income | 75 | €186 | €667 | +€481 | +259% |
| Financial charges | 65/66B | €1,100 | €2,274 | +€1,173 | +107% |
| Recurring financial charges | 65 | €1,100 | €2,274 | +€1,173 | +107% |
| Profit (loss) for the period before taxes | 9903 | €18,316 | €17,713 | -€603 | -3.3% |
| Income taxes | 67/77 | €4,785 | €3,572 | -€1,212 | -25.3% |
| Profit (loss) for the period | 9904 | €13,531 | €14,141 | +€609 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,531 | €14,141 | +€609 | +4.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.