Florence Cuylits: 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.
Florence Cuylits
Largest movements
- Cash -€30,950
down €30,950 (-48.4%), from €63,966 to €33,017
mainly Tax, wage and social debts (-€11,663) and Other debts (-€11,446)
- Receivables within one year -€2,729
down €2,729 (-65.5%), from €4,164 to €1,435
of which Trade receivables: -€3,862
- Tangible fixed assets -€2,164
down €2,164 (-40.0%), from €5,413 to €3,249
of which Furniture and vehicles: -€1,453
- Tax, wage and social debts -€11,663
no longer reported in 2025 (was €11,663)
of which Taxes: -€11,199
- Other debts -€11,446
down €11,446 (-12.8%), from €89,649 to €78,203
- Profit (loss) carried forward -€7,993
down €7,993 (-22.2%), from -€35,984 to -€43,977
- Accrued charges and deferred income -€3,507
no longer reported in 2025 (was €3,507)
- Trade debts -€1,374
down €1,374 (-67.2%), from €2,044 to €670
- Gross operating margin -€24,096
down €24,096, from €20,465 to -€3,631
- Staff costs -€20,473
down €20,473 (-99.7%), from €20,534 to €61
- Write-downs -€15,176
no longer reported in 2025 (was €15,176)
- Depreciation -€3,295
down €3,295 (-60.4%), from €5,458 to €2,164
- Financial charges -€1,294
down €1,294 (-84.6%), from €1,529 to €235
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.
Derived cash bridge
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 | €73,879 | €37,895 | -€35,983 | -48.7% |
| Fixed assets | 21/28 | €5,607 | €3,443 | -€2,164 | -38.6% |
| Tangible fixed assets | 22/27 | €5,413 | €3,249 | -€2,164 | -40.0% |
| Plant, machinery and equipment | 23 | €1,523 | €813 | -€710 | -46.6% |
| Furniture and vehicles | 24 | €3,889 | €2,436 | -€1,453 | -37.4% |
| Financial fixed assets | 28 | €194 | €194 | = | 0.0% |
| Current assets | 29/58 | €68,272 | €34,452 | -€33,820 | -49.5% |
| Amounts receivable within one year | 40/41 | €4,164 | €1,435 | -€2,729 | -65.5% |
| Trade receivables | 40 | €3,862 | - | -€3,862 | |
| Other amounts receivable | 41 | €302 | €1,435 | +€1,133 | +375% |
| Cash at bank and in hand | 54/58 | €63,966 | €33,017 | -€30,950 | -48.4% |
| Deferred charges and accrued income | 490/1 | €141 | - | -€141 | |
| Total equity and liabilities | 10/49 | €73,879 | €37,895 | -€35,983 | -48.7% |
| Equity | 10/15 | -€32,984 | -€40,977 | -€7,993 | -24.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,984 | -€43,977 | -€7,993 | -22.2% |
| Amounts payable | 17/49 | €106,862 | €78,872 | -€27,990 | -26.2% |
| Amounts payable within one year | 42/48 | €103,355 | €78,872 | -€24,483 | -23.7% |
| Trade debts | 44 | €2,044 | €670 | -€1,374 | -67.2% |
| Suppliers | 440/4 | €2,044 | €670 | -€1,374 | -67.2% |
| Taxes, remuneration and social security | 45 | €11,663 | - | -€11,663 | |
| Taxes | 450/3 | €11,199 | - | -€11,199 | |
| Remuneration and social security | 454/9 | €464 | - | -€464 | |
| Other amounts payable | 47/48 | €89,649 | €78,203 | -€11,446 | -12.8% |
| Accrued charges and deferred income | 492/3 | €3,507 | - | -€3,507 | |
| Non-recurring operating income | 76A | - | €3,413 | +€3,413 | |
| Remuneration, social security and pensions | 62 | €20,534 | €61 | -€20,473 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,458 | €2,164 | -€3,295 | -60.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,176 | - | -€15,176 | |
| Other operating charges | 640/8 | €845 | €677 | -€168 | -19.9% |
| Non-recurring operating charges | 66A | €7,408 | €1,225 | -€6,183 | -83.5% |
| Gross operating margin | 9900 | €20,465 | -€3,631 | -€24,096 | |
| Operating profit (loss) | 9901 | -€28,958 | -€7,758 | +€21,200 | +73.2% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €1,529 | €235 | -€1,294 | -84.6% |
| Recurring financial charges | 65 | €1,529 | €235 | -€1,294 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | -€30,437 | -€7,993 | +€22,444 | +73.7% |
| Profit (loss) for the period | 9904 | -€30,437 | -€7,993 | +€22,444 | +73.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,437 | -€7,993 | +€22,444 | +73.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.