FLORALCO: 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.
FLORALCO
Largest movements
- Receivables within one year -€435,596
down €435,596 (-87.2%), from €499,377 to €63,780
of which Trade receivables: -€441,509
- Cash -€80,099
down €80,099 (-43.7%), from €183,493 to €103,394
mainly Trade debts (-€427,194) and Investment in fixed assets (net) (-€198,163)
- Current investments +€70,000
up €70,000 (+12.7%), from €550,000 to €620,000
- Tangible fixed assets +€31,907
up €31,907 (+3.3%), from €976,235 to €1.0m
of which Land and buildings: +€35,496
- Deferred charges and accrued income -€27,728
down €27,728 (-22.8%), from €121,847 to €94,119
- Trade debts -€427,194
down €427,194 (-94.7%), from €450,914 to €23,719
- Reserves +€229,999
up €229,999 (+44.4%), from €517,565 to €747,564
- Debts after one year -€137,220
down €137,220 (-17.4%), from €789,055 to €651,835
- Contributions -€120,000
down €120,000 (-84.5%), from €142,000 to €22,000
- Tax, wage and social debts +€62,541
up €62,541 (+96.8%), from €64,598 to €127,138
of which Taxes: +€62,086
- Gross operating margin +€43,407
up €43,407 (+8.4%), from €518,514 to €561,921
- Depreciation +€26,681
up €26,681 (+19.4%), from €137,520 to €164,201
- Taxes +€25,212
up €25,212 (+34.3%), from €73,454 to €98,667
- Staff costs +€12,018
up €12,018 (+22.6%), from €53,162 to €65,180
- Financial income +€5,958
up €5,958 (+237%), from €2,513 to €8,470
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 | €2,386,672 | €1,954,426 | -€432,247 | -18.1% |
| Fixed assets | 21/28 | €1,010,948 | €1,044,910 | +€33,962 | +3.4% |
| Tangible fixed assets | 22/27 | €976,235 | €1,008,143 | +€31,907 | +3.3% |
| Land and buildings | 22 | €128,427 | €163,923 | +€35,496 | +27.6% |
| Plant, machinery and equipment | 23 | €847,808 | €844,220 | -€3,589 | -0.4% |
| Financial fixed assets | 28 | €34,713 | €36,767 | +€2,054 | +5.9% |
| Current assets | 29/58 | €1,375,724 | €909,516 | -€466,208 | -33.9% |
| Amounts receivable after more than one year | 29 | €4,551 | €13,653 | +€9,102 | +200% |
| Trade receivables | 290 | €4,551 | €13,653 | +€9,102 | +200% |
| Stocks and contracts in progress | 3 | €16,456 | €14,569 | -€1,887 | -11.5% |
| Stocks | 30/36 | €16,456 | €14,569 | -€1,887 | -11.5% |
| Amounts receivable within one year | 40/41 | €499,377 | €63,780 | -€435,596 | -87.2% |
| Trade receivables | 40 | €455,543 | €14,035 | -€441,509 | -96.9% |
| Other amounts receivable | 41 | €43,833 | €49,746 | +€5,912 | +13.5% |
| Current investments | 50/53 | €550,000 | €620,000 | +€70,000 | +12.7% |
| Cash at bank and in hand | 54/58 | €183,493 | €103,394 | -€80,099 | -43.7% |
| Deferred charges and accrued income | 490/1 | €121,847 | €94,119 | -€27,728 | -22.8% |
| Total equity and liabilities | 10/49 | €2,386,672 | €1,954,426 | -€432,247 | -18.1% |
| Equity | 10/15 | €737,227 | €847,226 | +€109,999 | +14.9% |
| Contributions | 10/11 | €142,000 | €22,000 | -€120,000 | -84.5% |
| Reserves | 13 | €517,565 | €747,564 | +€229,999 | +44.4% |
| Distributable reserves | 133 | €517,565 | €747,564 | +€229,999 | +44.4% |
| Profit (loss) carried forward | 14 | €77,662 | €77,662 | = | 0.0% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €1,649,445 | €1,107,199 | -€542,246 | -32.9% |
| Amounts payable after more than one year | 17 | €789,055 | €651,835 | -€137,220 | -17.4% |
| Financial debts | 170/4 | €789,055 | €651,835 | -€137,220 | -17.4% |
| Amounts payable within one year | 42/48 | €732,977 | €371,022 | -€361,955 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €137,220 | €137,220 | = | 0.0% |
| Trade debts | 44 | €450,914 | €23,719 | -€427,194 | -94.7% |
| Suppliers | 440/4 | €450,914 | €23,719 | -€427,194 | -94.7% |
| Taxes, remuneration and social security | 45 | €64,598 | €127,138 | +€62,541 | +96.8% |
| Taxes | 450/3 | €54,535 | €116,621 | +€62,086 | +114% |
| Remuneration and social security | 454/9 | €10,063 | €10,517 | +€455 | +4.5% |
| Other amounts payable | 47/48 | €80,246 | €82,944 | +€2,698 | +3.4% |
| Accrued charges and deferred income | 492/3 | €127,413 | €84,343 | -€43,070 | -33.8% |
| Remuneration, social security and pensions | 62 | €53,162 | €65,180 | +€12,018 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,520 | €164,201 | +€26,681 | +19.4% |
| Other operating charges | 640/8 | €3,825 | €3,943 | +€118 | +3.1% |
| Gross operating margin | 9900 | €518,514 | €561,921 | +€43,407 | +8.4% |
| Operating profit (loss) | 9901 | €324,007 | €328,596 | +€4,589 | +1.4% |
| Financial income | 75/76B | €2,513 | €8,470 | +€5,958 | +237% |
| Recurring financial income | 75 | €2,513 | €8,470 | +€5,958 | +237% |
| Financial charges | 65/66B | €9,935 | €8,401 | -€1,534 | -15.4% |
| Recurring financial charges | 65 | €9,935 | €8,401 | -€1,534 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €316,585 | €328,666 | +€12,080 | +3.8% |
| Income taxes | 67/77 | €73,454 | €98,667 | +€25,212 | +34.3% |
| Profit (loss) for the period | 9904 | €243,131 | €229,999 | -€13,132 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €243,131 | €229,999 | -€13,132 | -5.4% |
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 22 October 2026 via checked.be.