FLORARBO: 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.
FLORARBO
Largest movements
- Cash +€308,189
up €308,189 (+30.3%), from €1.0m to €1.3m
mainly Net result for the year (+€154,845) and Receivables within one year (+€66,137)
- Receivables within one year -€66,137
down €66,137 (-51.6%), from €128,059 to €61,923
of which Trade receivables: -€40,723
- Tangible fixed assets -€31,865
down €31,865 (-8.4%), from €377,540 to €345,674
of which Land and buildings: -€43,309
- Reserves +€154,845
up €154,845 (+12.7%), from €1.2m to €1.4m
- Tax, wage and social debts +€20,747
up €20,747 (+63.4%), from €32,720 to €53,467
of which Taxes: +€25,676
- Gross operating margin +€71,615
up €71,615 (+16.6%), from €431,483 to €503,098
- Taxes +€33,537
up €33,537 (+101%), from €33,167 to €66,704
- Staff costs -€21,358
down €21,358 (-8.5%), from €251,137 to €229,779
- Financial income +€15,009
up €15,009 (+80.8%), from €18,585 to €33,594
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,709,897 | €1,910,334 | +€200,437 | +11.7% |
| Fixed assets | 21/28 | €383,602 | €351,736 | -€31,865 | -8.3% |
| Tangible fixed assets | 22/27 | €377,540 | €345,674 | -€31,865 | -8.4% |
| Land and buildings | 22 | €329,347 | €286,038 | -€43,309 | -13.1% |
| Plant, machinery and equipment | 23 | €35,683 | €30,301 | -€5,382 | -15.1% |
| Furniture and vehicles | 24 | €12,510 | €29,335 | +€16,825 | +134% |
| Financial fixed assets | 28 | €6,062 | €6,062 | = | 0.0% |
| Current assets | 29/58 | €1,326,295 | €1,558,597 | +€232,303 | +17.5% |
| Stocks and contracts in progress | 3 | €170,289 | €152,414 | -€17,875 | -10.5% |
| Stocks | 30/36 | €170,289 | €152,414 | -€17,875 | -10.5% |
| Amounts receivable within one year | 40/41 | €128,059 | €61,923 | -€66,137 | -51.6% |
| Trade receivables | 40 | €85,407 | €44,684 | -€40,723 | -47.7% |
| Other amounts receivable | 41 | €42,653 | €17,238 | -€25,414 | -59.6% |
| Cash at bank and in hand | 54/58 | €1,017,433 | €1,325,622 | +€308,189 | +30.3% |
| Deferred charges and accrued income | 490/1 | €10,514 | €18,639 | +€8,125 | +77.3% |
| Total equity and liabilities | 10/49 | €1,709,897 | €1,910,334 | +€200,437 | +11.7% |
| Equity | 10/15 | €1,239,493 | €1,394,337 | +€154,845 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,220,893 | €1,375,737 | +€154,845 | +12.7% |
| Distributable reserves | 133 | €1,220,893 | €1,375,737 | +€154,845 | +12.7% |
| Amounts payable | 17/49 | €470,404 | €515,996 | +€45,593 | +9.7% |
| Amounts payable within one year | 42/48 | €451,435 | €478,050 | +€26,615 | +5.9% |
| Financial debts | 43 | - | €73 | +€73 | |
| Credit institutions | 430/8 | - | €73 | +€73 | |
| Trade debts | 44 | €175,745 | €174,740 | -€1,005 | -0.6% |
| Suppliers | 440/4 | €175,745 | €174,740 | -€1,005 | -0.6% |
| Taxes, remuneration and social security | 45 | €32,720 | €53,467 | +€20,747 | +63.4% |
| Taxes | 450/3 | €247 | €25,924 | +€25,676 | +10,385% |
| Remuneration and social security | 454/9 | €32,473 | €27,544 | -€4,929 | -15.2% |
| Other amounts payable | 47/48 | €242,969 | €249,769 | +€6,800 | +2.8% |
| Accrued charges and deferred income | 492/3 | €18,969 | €37,947 | +€18,977 | +100% |
| Remuneration, social security and pensions | 62 | €251,137 | €229,779 | -€21,358 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,474 | €61,618 | -€1,856 | -2.9% |
| Other operating charges | 640/8 | €5,249 | €5,013 | -€235 | -4.5% |
| Gross operating margin | 9900 | €431,483 | €503,098 | +€71,615 | +16.6% |
| Operating profit (loss) | 9901 | €111,624 | €206,689 | +€95,065 | +85.2% |
| Financial income | 75/76B | €18,585 | €33,594 | +€15,009 | +80.8% |
| Recurring financial income | 75 | €18,585 | €33,594 | +€15,009 | +80.8% |
| Financial charges | 65/66B | €14,610 | €18,734 | +€4,125 | +28.2% |
| Recurring financial charges | 65 | €14,610 | €18,734 | +€4,125 | +28.2% |
| Profit (loss) for the period before taxes | 9903 | €115,599 | €221,549 | +€105,949 | +91.7% |
| Income taxes | 67/77 | €33,167 | €66,704 | +€33,537 | +101% |
| Profit (loss) for the period | 9904 | €82,432 | €154,845 | +€72,412 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,432 | €154,845 | +€72,412 | +87.8% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.