Florentijn: 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.
Florentijn
Largest movements
- Cash +€25,147
up €25,147 (+162.7%), from €15,459 to €40,606
mainly Net result for the year (+€31,321) and Depreciation (+€2,495)
- Deferred charges and accrued income -€1,990
down €1,990 (-26.8%), from €7,420 to €5,430
- Tangible fixed assets +€1,955
up €1,955 (+27.2%), from €7,197 to €9,152
of which Furniture and vehicles: +€2,826
- Receivables within one year +€1,669
up €1,669 (+11.5%), from €14,482 to €16,151
of which Other amounts receivable: +€5,125
- Reserves +€31,321
up €31,321 (+123.7%), from €25,326 to €56,647
- Tax, wage and social debts -€3,013
down €3,013 (-27.8%), from €10,847 to €7,834
- Other debts -€1,621
no longer reported in 2025 (was €1,621)
- Accrued charges and deferred income +€1,418
new in 2025: €1,418
- Trade debts -€1,324
down €1,324 (-75.1%), from €1,764 to €440
- Gross operating margin +€11,079
up €11,079 (+32.8%), from €33,784 to €44,863
- Taxes +€2,169
up €2,169 (+32.0%), from €6,782 to €8,951
- Depreciation +€1,799
up €1,799 (+258.3%), from €696 to €2,495
- Financial charges +€682
up €682 (+69.6%), from €979 to €1,661
- Other operating charges +€449
new in 2025: €449
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 | €44,558 | €71,340 | +€26,782 | +60.1% |
| Fixed assets | 21/28 | €7,197 | €9,152 | +€1,955 | +27.2% |
| Tangible fixed assets | 22/27 | €7,197 | €9,152 | +€1,955 | +27.2% |
| Plant, machinery and equipment | 23 | €3,881 | €3,010 | -€871 | -22.4% |
| Furniture and vehicles | 24 | €3,316 | €6,142 | +€2,826 | +85.2% |
| Current assets | 29/58 | €37,361 | €62,187 | +€24,826 | +66.4% |
| Amounts receivable within one year | 40/41 | €14,482 | €16,151 | +€1,669 | +11.5% |
| Trade receivables | 40 | €14,346 | €10,890 | -€3,456 | -24.1% |
| Other amounts receivable | 41 | €136 | €5,261 | +€5,125 | +3769.2% |
| Cash at bank and in hand | 54/58 | €15,459 | €40,606 | +€25,147 | +162.7% |
| Deferred charges and accrued income | 490/1 | €7,420 | €5,430 | -€1,990 | -26.8% |
| Total equity and liabilities | 10/49 | €44,558 | €71,340 | +€26,782 | +60.1% |
| Equity | 10/15 | €30,326 | €61,647 | +€31,321 | +103.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €25,326 | €56,647 | +€31,321 | +123.7% |
| Distributable reserves | 133 | €25,326 | €56,647 | +€31,321 | +123.7% |
| Amounts payable | 17/49 | €14,232 | €9,693 | -€4,540 | -31.9% |
| Amounts payable within one year | 42/48 | €14,232 | €8,274 | -€5,958 | -41.9% |
| Trade debts | 44 | €1,764 | €440 | -€1,324 | -75.1% |
| Suppliers | 440/4 | €1,764 | €440 | -€1,324 | -75.1% |
| Taxes, remuneration and social security | 45 | €10,847 | €7,834 | -€3,013 | -27.8% |
| Taxes | 450/3 | €10,847 | €7,834 | -€3,013 | -27.8% |
| Other amounts payable | 47/48 | €1,621 | - | -€1,621 | |
| Accrued charges and deferred income | 492/3 | - | €1,418 | +€1,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €696 | €2,495 | +€1,799 | +258.3% |
| Other operating charges | 640/8 | - | €449 | +€449 | |
| Gross operating margin | 9900 | €33,784 | €44,863 | +€11,079 | +32.8% |
| Operating profit (loss) | 9901 | €33,087 | €41,918 | +€8,831 | +26.7% |
| Financial income | 75/76B | - | €16 | +€16 | |
| Recurring financial income | 75 | - | €16 | +€16 | |
| Financial charges | 65/66B | €979 | €1,661 | +€682 | +69.6% |
| Recurring financial charges | 65 | €979 | €1,661 | +€682 | +69.6% |
| Profit (loss) for the period before taxes | 9903 | €32,108 | €40,273 | +€8,165 | +25.4% |
| Income taxes | 67/77 | €6,782 | €8,951 | +€2,169 | +32.0% |
| Profit (loss) for the period | 9904 | €25,326 | €31,321 | +€5,996 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,326 | €31,321 | +€5,996 | +23.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.