FLORELEC: 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.
FLORELEC
Largest movements
- Tangible fixed assets -€6,326
down €6,326 (-19.7%), from €32,153 to €25,827
of which Leasing and similar rights: -€6,129
- Receivables within one year -€5,515
down €5,515 (-68.8%), from €8,015 to €2,500
of which Trade receivables: -€3,243
- Debts after one year -€5,919
down €5,919 (-27.0%), from €21,947 to €16,028
- Profit (loss) carried forward -€4,651
down €4,651, from €2,573 to -€2,078
- Other debts -€2,174
down €2,174 (-40.6%), from €5,360 to €3,186
- Trade debts +€1,015
up €1,015 (+49.8%), from €2,037 to €3,053
- Depreciation +€5,350
up €5,350 (+225.9%), from €2,368 to €7,717
- Write-downs +€2,424
new in 2024: €2,424
- Gross operating margin +€1,449
up €1,449 (+25.3%), from €5,731 to €7,180
- Financial charges +€1,068
up €1,068 (+170.8%), from €625 to €1,693
- Other operating charges +€198
new in 2024: €198
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 | €40,661 | €29,284 | -€11,376 | -28.0% |
| Fixed assets | 21/28 | €32,153 | €25,827 | -€6,326 | -19.7% |
| Tangible fixed assets | 22/27 | €32,153 | €25,827 | -€6,326 | -19.7% |
| Plant, machinery and equipment | 23 | €829 | €1,113 | +€283 | +34.1% |
| Furniture and vehicles | 24 | €2,408 | €1,927 | -€481 | -20.0% |
| Leasing and similar rights | 25 | €28,916 | €22,787 | -€6,129 | -21.2% |
| Current assets | 29/58 | €8,508 | €3,458 | -€5,050 | -59.4% |
| Amounts receivable within one year | 40/41 | €8,015 | €2,500 | -€5,515 | -68.8% |
| Trade receivables | 40 | €5,043 | €1,800 | -€3,243 | -64.3% |
| Other amounts receivable | 41 | €2,973 | €700 | -€2,273 | -76.5% |
| Cash at bank and in hand | 54/58 | €478 | €824 | +€346 | +72.4% |
| Deferred charges and accrued income | 490/1 | €14 | €134 | +€119 | +822.8% |
| Total equity and liabilities | 10/49 | €40,661 | €29,284 | -€11,376 | -28.0% |
| Equity | 10/15 | €5,573 | €922 | -€4,651 | -83.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,573 | -€2,078 | -€4,651 | |
| Amounts payable | 17/49 | €35,087 | €28,362 | -€6,725 | -19.2% |
| Amounts payable after more than one year | 17 | €21,947 | €16,028 | -€5,919 | -27.0% |
| Financial debts | 170/4 | €21,947 | €16,028 | -€5,919 | -27.0% |
| Amounts payable within one year | 42/48 | €13,141 | €12,335 | -€806 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €5,567 | €5,919 | +€353 | +6.3% |
| Trade debts | 44 | €2,037 | €3,053 | +€1,015 | +49.8% |
| Suppliers | 440/4 | €2,037 | €3,053 | +€1,015 | +49.8% |
| Taxes, remuneration and social security | 45 | €177 | €177 | = | 0.0% |
| Taxes | 450/3 | €177 | €177 | = | 0.0% |
| Other amounts payable | 47/48 | €5,360 | €3,186 | -€2,174 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,368 | €7,717 | +€5,350 | +225.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,424 | +€2,424 | |
| Other operating charges | 640/8 | - | €198 | +€198 | |
| Gross operating margin | 9900 | €5,731 | €7,180 | +€1,449 | +25.3% |
| Operating profit (loss) | 9901 | €3,363 | -€3,160 | -€6,523 | |
| Financial income | 75/76B | €12 | €203 | +€190 | +1535.3% |
| Recurring financial income | 75 | €12 | €203 | +€190 | +1535.3% |
| Financial charges | 65/66B | €625 | €1,693 | +€1,068 | +170.8% |
| Recurring financial charges | 65 | €625 | €1,693 | +€1,068 | +170.8% |
| Profit (loss) for the period before taxes | 9903 | €2,750 | -€4,651 | -€7,401 | |
| Income taxes | 67/77 | €177 | €0 | -€177 | -100.0% |
| Profit (loss) for the period | 9904 | €2,573 | -€4,651 | -€7,225 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,573 | -€4,651 | -€7,225 |
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 1 October 2026 via checked.be.