FLORENOR: 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.
FLORENOR
Largest movements
- Cash +€32,732
up €32,732 (+39.5%), from €82,784 to €115,516
mainly Net result for the year (+€41,018) and Tax, wage and social debts (+€4,115)
- Tangible fixed assets +€10,889
up €10,889 (+149.2%), from €7,296 to €18,185
of which Furniture and vehicles: +€13,160
- Receivables within one year -€3,307
down €3,307 (-29.9%), from €11,064 to €7,757
of which Trade receivables: -€5,282
- Profit (loss) carried forward +€41,018
up €41,018 (+59.6%), from €68,781 to €109,799
- Tax, wage and social debts +€4,115
up €4,115 (+16.8%), from €24,528 to €28,643
of which Taxes: +€6,150
- Other debts -€4,063
down €4,063 (-100.0%), from €4,063 to €0
- Gross operating margin -€39,367
down €39,367 (-42.4%), from €92,929 to €53,562
- Taxes -€7,384
down €7,384 (-42.2%), from €17,503 to €10,120
- Depreciation -€3,285
down €3,285 (-53.6%), from €6,131 to €2,846
- Financial income +€1,352
up €1,352 (+1000.8%), from €135 to €1,487
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 | €102,419 | €143,210 | +€40,791 | +39.8% |
| Fixed assets | 21/28 | €7,296 | €18,185 | +€10,889 | +149.2% |
| Tangible fixed assets | 22/27 | €7,296 | €18,185 | +€10,889 | +149.2% |
| Plant, machinery and equipment | 23 | €5,402 | €3,131 | -€2,271 | -42.0% |
| Furniture and vehicles | 24 | €1,894 | €15,054 | +€13,160 | +694.9% |
| Current assets | 29/58 | €95,123 | €125,025 | +€29,902 | +31.4% |
| Amounts receivable within one year | 40/41 | €11,064 | €7,757 | -€3,307 | -29.9% |
| Trade receivables | 40 | €11,060 | €5,778 | -€5,282 | -47.8% |
| Other amounts receivable | 41 | €5 | €1,979 | +€1,975 | +43690.5% |
| Cash at bank and in hand | 54/58 | €82,784 | €115,516 | +€32,732 | +39.5% |
| Deferred charges and accrued income | 490/1 | €1,275 | €1,752 | +€477 | +37.4% |
| Total equity and liabilities | 10/49 | €102,419 | €143,210 | +€40,791 | +39.8% |
| Equity | 10/15 | €72,281 | €113,299 | +€41,018 | +56.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,781 | €109,799 | +€41,018 | +59.6% |
| Amounts payable | 17/49 | €30,138 | €29,911 | -€227 | -0.8% |
| Amounts payable within one year | 42/48 | €30,138 | €29,911 | -€227 | -0.8% |
| Trade debts | 44 | €1,547 | €1,268 | -€279 | -18.0% |
| Suppliers | 440/4 | €1,547 | €1,268 | -€279 | -18.0% |
| Taxes, remuneration and social security | 45 | €24,528 | €28,643 | +€4,115 | +16.8% |
| Taxes | 450/3 | €22,493 | €28,643 | +€6,150 | +27.3% |
| Remuneration and social security | 454/9 | €2,034 | €0 | -€2,034 | -100.0% |
| Other amounts payable | 47/48 | €4,063 | €0 | -€4,063 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,131 | €2,846 | -€3,285 | -53.6% |
| Other operating charges | 640/8 | €151 | €637 | +€486 | +322.0% |
| Gross operating margin | 9900 | €92,929 | €53,562 | -€39,367 | -42.4% |
| Operating profit (loss) | 9901 | €86,647 | €50,079 | -€36,568 | -42.2% |
| Financial income | 75/76B | €135 | €1,487 | +€1,352 | +1000.8% |
| Recurring financial income | 75 | €135 | €1,487 | +€1,352 | +1000.8% |
| Financial charges | 65/66B | €498 | €429 | -€69 | -13.9% |
| Recurring financial charges | 65 | €498 | €429 | -€69 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €86,284 | €51,137 | -€35,147 | -40.7% |
| Income taxes | 67/77 | €17,503 | €10,120 | -€7,384 | -42.2% |
| Profit (loss) for the period | 9904 | €68,781 | €41,018 | -€27,764 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,781 | €41,018 | -€27,764 | -40.4% |
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 3 October 2026 via checked.be.