FLOREFFE CONSTRUCT: 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.
FLOREFFE CONSTRUCT
Largest movements
- Tangible fixed assets -€490,429
no longer reported in 2024 (was €490,429)
- Receivables within one year +€137,509
up €137,509 (+151108.8%), from €91 to €137,600
- Cash -€129,238
down €129,238 (-98.1%), from €131,710 to €2,472
mainly Accrued charges and deferred income (-€173,990) and Trade debts (-€145,218)
- Accrued charges and deferred income -€173,990
no longer reported in 2024 (was €173,990)
- Trade debts -€145,218
down €145,218 (-98.0%), from €148,188 to €2,970
- Profit (loss) carried forward -€128,829
down €128,829 (-79.1%), from -€162,830 to -€291,659
- Other debts -€21,177
down €21,177 (-84.7%), from €25,015 to €3,838
- Reserves -€9,490
down €9,490 (-3.4%), from €275,191 to €265,701
- Gross operating margin -€436,200
down €436,200, from €296,232 to -€139,968
- Turnover -€383,044
down €383,044 (-93.2%), from €410,788 to €27,744
- Purchases and services +€53,157
up €53,157 (+46.4%), from €114,556 to €167,713
- Depreciation -€13,189
no longer reported in 2024 (was €13,189)
- Financial charges -€6,431
down €6,431 (-93.0%), from €6,912 to €481
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 | €622,230 | €140,072 | -€482,158 | -77.5% |
| Fixed assets | 21/28 | €490,429 | - | -€490,429 | |
| Tangible fixed assets | 22/27 | €490,429 | - | -€490,429 | |
| Land and buildings | 22 | €490,429 | - | -€490,429 | |
| Current assets | 29/58 | €131,801 | €140,072 | +€8,271 | +6.3% |
| Amounts receivable within one year | 40/41 | €91 | €137,600 | +€137,509 | +151108.8% |
| Other amounts receivable | 41 | €91 | €137,600 | +€137,509 | +151108.8% |
| Cash at bank and in hand | 54/58 | €131,710 | €2,472 | -€129,238 | -98.1% |
| Total equity and liabilities | 10/49 | €622,230 | €140,072 | -€482,158 | -77.5% |
| Equity | 10/15 | €174,861 | €36,542 | -€138,319 | -79.1% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €275,191 | €265,701 | -€9,490 | -3.4% |
| Tax-exempt reserves | 132 | €275,191 | €265,701 | -€9,490 | -3.4% |
| Profit (loss) carried forward | 14 | -€162,830 | -€291,659 | -€128,829 | -79.1% |
| Provisions and deferred taxes | 16 | €100,176 | €96,722 | -€3,454 | -3.4% |
| Deferred taxes | 168 | €100,176 | €96,722 | -€3,454 | -3.4% |
| Amounts payable | 17/49 | €347,193 | €6,808 | -€340,385 | -98.0% |
| Amounts payable within one year | 42/48 | €173,203 | €6,808 | -€166,395 | -96.1% |
| Trade debts | 44 | €148,188 | €2,970 | -€145,218 | -98.0% |
| Suppliers | 440/4 | €148,188 | €2,970 | -€145,218 | -98.0% |
| Other amounts payable | 47/48 | €25,015 | €3,838 | -€21,177 | -84.7% |
| Accrued charges and deferred income | 492/3 | €173,990 | - | -€173,990 | |
| Turnover | 70 | €410,788 | €27,744 | -€383,044 | -93.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €114,556 | €167,713 | +€53,157 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,189 | - | -€13,189 | |
| Other operating charges | 640/8 | €1,316 | €1,323 | +€7 | +0.5% |
| Gross operating margin | 9900 | €296,232 | -€139,968 | -€436,200 | |
| Operating profit (loss) | 9901 | €281,727 | -€141,291 | -€423,018 | |
| Financial charges | 65/66B | €6,912 | €481 | -€6,431 | -93.0% |
| Recurring financial charges | 65 | €6,912 | €481 | -€6,431 | -93.0% |
| Profit (loss) for the period before taxes | 9903 | €274,815 | -€141,772 | -€416,587 | |
| Transfer from deferred taxes | 780 | €3,454 | €3,454 | = | 0.0% |
| Transfer to deferred taxes | 680 | €103,630 | - | -€103,630 | |
| Profit (loss) for the period | 9904 | €174,639 | -€138,318 | -€312,957 | |
| Transfer from tax-exempt reserves | 789 | €9,489 | €9,489 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €284,680 | - | -€284,680 | |
| Profit (loss) for the period to be appropriated | 9905 | -€100,552 | -€128,829 | -€28,277 | -28.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.