FLORDI: what changed
Two fiscal 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.
FLORDI
Largest movements
- Cash +€72,089
up €72,089 (+310.4%), from €23,222 to €95,311
mainly Contributions, distributions and other (+€69,250) and Debts after one year (+€41,500)
- Tangible fixed assets +€29,219
up €29,219 (+126.8%), from €23,037 to €52,256
of which Assets under construction and advance payments: +€28,642
- Receivables within one year -€14,943
down €14,943 (-65.0%), from €22,979 to €8,036
of which Other amounts receivable: -€15,376
- Contributions +€69,250
up €69,250 (+65.0%), from €106,500 to €175,750
- Debts after one year +€41,500
new in 2025: €41,500
- Profit (loss) carried forward -€37,203
down €37,203 (-93.8%), from -€39,671 to -€76,875
- Trade debts +€13,420
up €13,420 (+499.7%), from €2,685 to €16,105
- Write-downs +€15,581
new in 2025: €15,581
- Gross operating margin -€12,318
down €12,318 (-206.7%), from -€5,960 to -€18,279
- Staff costs -€718
down €718 (-67.1%), from €1,070 to €352
- Other operating charges +€485
up €485 (+83.8%), from €578 to €1,063
- Depreciation +€468
up €468 (+49.0%), from €955 to €1,423
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.
Cash bridge derived
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 | €70,092 | €156,912 | +€86,820 | +123.9% |
| Fixed assets | 21/28 | €23,312 | €52,531 | +€29,219 | +125.3% |
| Tangible fixed assets | 22/27 | €23,037 | €52,256 | +€29,219 | +126.8% |
| Plant, machinery and equipment | 23 | €1,374 | €874 | -€500 | -36.4% |
| Furniture and vehicles | 24 | €0 | €1,077 | +€1,077 | |
| Assets under construction and advance payments | 27 | €21,663 | €50,306 | +€28,642 | +132.2% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €46,780 | €104,380 | +€57,601 | +123.1% |
| Amounts receivable within one year | 40/41 | €22,979 | €8,036 | -€14,943 | -65.0% |
| Trade receivables | 40 | €7,055 | €7,487 | +€433 | +6.1% |
| Other amounts receivable | 41 | €15,925 | €549 | -€15,376 | -96.6% |
| Cash at bank and in hand | 54/58 | €23,222 | €95,311 | +€72,089 | +310.4% |
| Deferred charges and accrued income | 490/1 | €578 | €1,033 | +€455 | +78.7% |
| Total equity and liabilities | 10/49 | €70,092 | €156,912 | +€86,820 | +123.9% |
| Equity | 10/15 | €66,829 | €98,875 | +€32,047 | +48.0% |
| Contributions | 10/11 | €106,500 | €175,750 | +€69,250 | +65.0% |
| Profit (loss) carried forward | 14 | -€39,671 | -€76,875 | -€37,203 | -93.8% |
| Amounts payable | 17/49 | €3,263 | €58,036 | +€54,773 | +1678.5% |
| Amounts payable after more than one year | 17 | - | €41,500 | +€41,500 | |
| Financial debts | 170/4 | - | €41,500 | +€41,500 | |
| Amounts payable within one year | 42/48 | €3,263 | €16,105 | +€12,842 | +393.6% |
| Trade debts | 44 | €2,685 | €16,105 | +€13,420 | +499.7% |
| Suppliers | 440/4 | €2,685 | €16,105 | +€13,420 | +499.7% |
| Other amounts payable | 47/48 | €578 | €0 | -€578 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €431 | +€431 | |
| Remuneration, social security and pensions | 62 | €1,070 | €352 | -€718 | -67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €955 | €1,423 | +€468 | +49.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,581 | +€15,581 | |
| Other operating charges | 640/8 | €578 | €1,063 | +€485 | +83.8% |
| Gross operating margin | 9900 | -€5,960 | -€18,279 | -€12,318 | -206.7% |
| Operating profit (loss) | 9901 | -€8,564 | -€36,698 | -€28,134 | -328.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €58 | €506 | +€448 | +768.6% |
| Recurring financial charges | 65 | €58 | €506 | +€448 | +768.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,622 | -€37,203 | -€28,581 | -331.5% |
| Profit (loss) for the period | 9904 | -€8,622 | -€37,203 | -€28,581 | -331.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,622 | -€37,203 | -€28,581 | -331.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.