FLOREA CONSTRUCT: 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.
FLOREA CONSTRUCT
Largest movements
- Receivables within one year -€64,263
down €64,263 (-41.2%), from €156,106 to €91,843
of which Trade receivables: -€54,692
- Cash -€11,419
down €11,419 (-36.0%), from €31,755 to €20,336
mainly Trade debts (-€61,130) and Net result for the year (-€11,456)
- Tangible fixed assets -€8,305
down €8,305 (-53.6%), from €15,481 to €7,177
- Trade debts -€61,130
down €61,130 (-91.1%), from €67,101 to €5,971
- Profit (loss) carried forward -€11,456
down €11,456 (-11.2%), from €102,290 to €90,835
- Debts after one year -€6,460
no longer reported in 2024 (was €6,460)
- Tax, wage and social debts -€3,657
down €3,657 (-21.5%), from €16,997 to €13,340
- Gross operating margin -€12,658
down €12,658, from €8,912 to -€3,746
- Financial income -€2,794
down €2,794 (-62.8%), from €4,447 to €1,653
- Taxes -€1,367
no longer reported in 2024 (was €1,367)
- Financial charges -€811
down €811 (-43.4%), from €1,869 to €1,058
- Depreciation -€359
down €359 (-4.1%), from €8,664 to €8,305
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €203,718 | €119,356 | -€84,363 | -41.4% |
| Fixed assets | 21/28 | €15,481 | €7,177 | -€8,305 | -53.6% |
| Tangible fixed assets | 22/27 | €15,481 | €7,177 | -€8,305 | -53.6% |
| Furniture and vehicles | 24 | €15,481 | €7,177 | -€8,305 | -53.6% |
| Current assets | 29/58 | €188,237 | €112,179 | -€76,058 | -40.4% |
| Amounts receivable within one year | 40/41 | €156,106 | €91,843 | -€64,263 | -41.2% |
| Trade receivables | 40 | €121,153 | €66,461 | -€54,692 | -45.1% |
| Other amounts receivable | 41 | €34,953 | €25,382 | -€9,571 | -27.4% |
| Cash at bank and in hand | 54/58 | €31,755 | €20,336 | -€11,419 | -36.0% |
| Deferred charges and accrued income | 490/1 | €376 | - | -€376 | |
| Total equity and liabilities | 10/49 | €203,718 | €119,356 | -€84,363 | -41.4% |
| Equity | 10/15 | €105,040 | €93,585 | -€11,456 | -10.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,290 | €90,835 | -€11,456 | -11.2% |
| Amounts payable | 17/49 | €98,678 | €25,771 | -€72,907 | -73.9% |
| Amounts payable after more than one year | 17 | €6,460 | - | -€6,460 | |
| Financial debts | 170/4 | €6,460 | - | -€6,460 | |
| Amounts payable within one year | 42/48 | €92,218 | €25,771 | -€66,447 | -72.1% |
| Current portion of amounts payable after more than one year | 42 | €8,120 | €6,460 | -€1,660 | -20.4% |
| Trade debts | 44 | €67,101 | €5,971 | -€61,130 | -91.1% |
| Suppliers | 440/4 | €67,101 | €5,971 | -€61,130 | -91.1% |
| Taxes, remuneration and social security | 45 | €16,997 | €13,340 | -€3,657 | -21.5% |
| Taxes | 450/3 | €16,997 | €13,340 | -€3,657 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,664 | €8,305 | -€359 | -4.1% |
| Other operating charges | 640/8 | €305 | - | -€305 | |
| Gross operating margin | 9900 | €8,912 | -€3,746 | -€12,658 | |
| Operating profit (loss) | 9901 | -€57 | -€12,050 | -€11,994 | -21201.8% |
| Financial income | 75/76B | €4,447 | €1,653 | -€2,794 | -62.8% |
| Recurring financial income | 75 | €4,447 | €1,653 | -€2,794 | -62.8% |
| Financial charges | 65/66B | €1,869 | €1,058 | -€811 | -43.4% |
| Recurring financial charges | 65 | €1,869 | €1,058 | -€811 | -43.4% |
| Profit (loss) for the period before taxes | 9903 | €2,521 | -€11,456 | -€13,976 | |
| Income taxes | 67/77 | €1,367 | - | -€1,367 | |
| Profit (loss) for the period | 9904 | €1,154 | -€11,456 | -€12,610 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,154 | -€11,456 | -€12,610 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.