FLORAGRI: 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.
What changed
FLORAGRI
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€89,458
2024 · €86,973+€2,485
Equity
€1.3m
2024 · €1.3m
Cash
€378,689
2024 · €336,651+€42,038
Balance sheet total
€1.7m
2024 · €2.0m-€270,613
Largest movements
Assets
- Current investments -€300,000
down €300,000 (-28.3%), from €1.1m to €759,670
- Cash +€42,038
up €42,038 (+12.5%), from €336,651 to €378,689
mainly Current investments (+€300,000) and Net result for the year (+€89,458)
Equity and liabilities
- Other debts -€314,874
down €314,874 (-78.0%), from €403,931 to €89,058
- Trade debts +€34,899
up €34,899 (+23.7%), from €147,067 to €181,965
Income statement
- Gross operating margin +€83,633
up €83,633 (+12.7%), from €657,983 to €741,616
- Staff costs +€69,177
up €69,177 (+12.9%), from €534,313 to €603,490
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.
Result 2024
€86,973
Gross operating margin
+€83,633
Staff costs
-€69,177
Depreciation
+€1,084
Other operating charges
-€1,604
Financial income
-€1,694
Financial charges
-€6,303
Taxes
-€3,455
Result 2025
€89,458
raises the resultlowers the result
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.
From operations
-€163,638
Investment
+€300,000
Financing
-€94,324
Cash 2024
€336,651
From operations (derived)
-€163,638
Net result for the year
+€89,458
Depreciation
+€6,854
Stocks and contracts
+€7,363
Receivables within one year
-€3,442
Deferred charges and accrued income
+€1,876
Trade debts
+€34,899
Tax, wage and social debts
+€14,228
Other debts
-€314,874
Investment (derived)
+€300,000
Current investments
+€300,000
Financing
-€94,324
Debts after one year
-€4,933
Current portion of long-term debt
+€67
Contributions, distributions and other
-€89,458
Cash 2025
€378,689
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,007,722 | €1,737,109 | -€270,613 | -13.5% |
| Fixed assets | 21/28 | €31,229 | €24,375 | -€6,854 | -21.9% |
| Tangible fixed assets | 22/27 | €26,076 | €19,222 | -€6,854 | -26.3% |
| Plant, machinery and equipment | 23 | €11,274 | €8,543 | -€2,731 | -24.2% |
| Furniture and vehicles | 24 | €485 | €136 | -€348 | -71.9% |
| Other tangible fixed assets | 26 | €14,318 | €10,543 | -€3,775 | -26.4% |
| Financial fixed assets | 28 | €5,153 | €5,153 | = | 0.0% |
| Current assets | 29/58 | €1,976,492 | €1,712,733 | -€263,759 | -13.3% |
| Stocks and contracts in progress | 3 | €526,754 | €519,391 | -€7,363 | -1.4% |
| Stocks | 30/36 | €526,754 | €519,391 | -€7,363 | -1.4% |
| Amounts receivable within one year | 40/41 | €48,369 | €51,811 | +€3,442 | +7.1% |
| Trade receivables | 40 | €13,870 | €6,560 | -€7,309 | -52.7% |
| Other amounts receivable | 41 | €34,499 | €45,251 | +€10,751 | +31.2% |
| Current investments | 50/53 | €1,059,670 | €759,670 | -€300,000 | -28.3% |
| Cash at bank and in hand | 54/58 | €336,651 | €378,689 | +€42,038 | +12.5% |
| Deferred charges and accrued income | 490/1 | €5,049 | €3,172 | -€1,876 | -37.2% |
| Total equity and liabilities | 10/49 | €2,007,722 | €1,737,109 | -€270,613 | -13.5% |
| Equity | 10/15 | €1,325,156 | €1,325,156 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €964,714 | €964,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €124,000 | €124,000 | = | 0.0% |
| Distributable reserves | 133 | €834,564 | €834,564 | = | 0.0% |
| Profit (loss) carried forward | 14 | €298,942 | €298,942 | = | 0.0% |
| Amounts payable | 17/49 | €682,566 | €411,953 | -€270,613 | -39.6% |
| Amounts payable after more than one year | 17 | €4,933 | - | -€4,933 | |
| Financial debts | 170/4 | €4,933 | - | -€4,933 | |
| Amounts payable within one year | 42/48 | €677,633 | €411,953 | -€265,680 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €4,866 | €4,933 | +€67 | +1.4% |
| Trade debts | 44 | €147,067 | €181,965 | +€34,899 | +23.7% |
| Suppliers | 440/4 | €147,067 | €181,965 | +€34,899 | +23.7% |
| Taxes, remuneration and social security | 45 | €121,770 | €135,997 | +€14,228 | +11.7% |
| Taxes | 450/3 | €20,067 | €24,859 | +€4,791 | +23.9% |
| Remuneration and social security | 454/9 | €101,702 | €111,139 | +€9,437 | +9.3% |
| Other amounts payable | 47/48 | €403,931 | €89,058 | -€314,874 | -78.0% |
| Remuneration, social security and pensions | 62 | €534,313 | €603,490 | +€69,177 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,938 | €6,854 | -€1,084 | -13.7% |
| Other operating charges | 640/8 | €10,237 | €11,841 | +€1,604 | +15.7% |
| Gross operating margin | 9900 | €657,983 | €741,616 | +€83,633 | +12.7% |
| Operating profit (loss) | 9901 | €105,495 | €119,432 | +€13,937 | +13.2% |
| Financial income | 75/76B | €14,945 | €13,250 | -€1,694 | -11.3% |
| Recurring financial income | 75 | €14,945 | €13,250 | -€1,694 | -11.3% |
| Financial charges | 65/66B | €2,644 | €8,947 | +€6,303 | +238% |
| Recurring financial charges | 65 | €2,644 | €8,947 | +€6,303 | +238% |
| Profit (loss) for the period before taxes | 9903 | €117,796 | €123,735 | +€5,939 | +5.0% |
| Income taxes | 67/77 | €30,823 | €34,278 | +€3,455 | +11.2% |
| Profit (loss) for the period | 9904 | €86,973 | €89,458 | +€2,485 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €86,973 | €89,458 | +€2,485 | +2.9% |
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 17 October 2026 via checked.be.