FLORENZA GROUP: what changed
What changed
FLORENZA GROUP
NACE 47.761, Retail sale of flowers, plants, seeds and fertilisers
filed annual accounts (NBB)
Net result for the year
€47,734
2024 · -€102,960+€150,695
Equity
-€238,888
2024 · -€286,622+€47,734
Cash
€174,620
2024 · €86,182+€88,439
Balance sheet total
€545,725
2024 · €520,186+€25,539
Largest movements
Assets
- Cash +€88,439
up €88,439 (+103%), from €86,182 to €174,620
mainly Net result for the year (+€47,734) and Depreciation (+€47,454)
- Tangible fixed assets -€28,364
down €28,364 (-19.8%), from €142,929 to €114,565
of which Other tangible fixed assets: -€16,840
- Stocks and contracts -€18,948
down €18,948 (-8.8%), from €214,837 to €195,890
- Receivables within one year -€18,723
down €18,723 (-24.6%), from €76,239 to €57,516
of which Trade receivables: -€44,749
Equity and liabilities
- Debts after one year -€66,039
down €66,039 (-14.2%), from €466,039 to €400,000
- Profit (loss) carried forward +€47,734
up €47,734 (+6.3%), from -€752,944 to -€705,210
- Trade debts +€32,875
up €32,875 (+14.7%), from €223,417 to €256,292
- Current portion of long-term debt -€22,966
down €22,966 (-40.4%), from €56,864 to €33,898
- Short-term financial debts +€19,967
up €19,967 (+150%), from €13,294 to €33,261
Income statement
- Gross operating margin +€154,548
up €154,548 (+59.5%), from €259,542 to €414,090
- Financial charges +€10,369
up €10,369 (+75.8%), from €13,680 to €24,049
- Staff costs -€5,980
down €5,980 (-2.0%), from €299,390 to €293,410
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€102,960
Gross operating margin
+€154,548
Staff costs
+€5,980
Depreciation
-€83
Other operating charges
+€326
Financial income
-€51
Financial charges
-€10,369
Taxes
+€344
Result 2025
€47,734
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€176,567
Investment
-€19,090
Financing
-€69,038
Cash 2024
€86,182
From operations (derived)
+€176,567
Net result for the year
+€47,734
Depreciation
+€47,454
Stocks and contracts
+€18,948
Receivables within one year
+€18,723
Deferred charges and accrued income
-€3,134
Trade debts
+€32,875
Tax, wage and social debts
+€4,625
Other debts
-€3,701
Accrued charges and deferred income
+€13,044
Investment (derived)
-€19,090
Investment in fixed assets (net)
-€19,090
Financing
-€69,038
Debts after one year
-€66,039
Current portion of long-term debt
-€22,966
Short-term financial debts
+€19,967
Cash 2025
€174,620
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €520,186 | €545,725 | +€25,539 | +4.9% |
| Fixed assets | 21/28 | €142,929 | €114,565 | -€28,364 | -19.8% |
| Tangible fixed assets | 22/27 | €142,929 | €114,565 | -€28,364 | -19.8% |
| Plant, machinery and equipment | 23 | €21,067 | €28,958 | +€7,892 | +37.5% |
| Furniture and vehicles | 24 | €19,601 | €14,915 | -€4,685 | -23.9% |
| Leasing and similar rights | 25 | €21,389 | €6,658 | -€14,730 | -68.9% |
| Other tangible fixed assets | 26 | €80,873 | €64,033 | -€16,840 | -20.8% |
| Current assets | 29/58 | €377,258 | €431,160 | +€53,903 | +14.3% |
| Stocks and contracts in progress | 3 | €214,837 | €195,890 | -€18,948 | -8.8% |
| Stocks | 30/36 | €214,837 | €195,890 | -€18,948 | -8.8% |
| Amounts receivable within one year | 40/41 | €76,239 | €57,516 | -€18,723 | -24.6% |
| Trade receivables | 40 | €76,169 | €31,420 | -€44,749 | -58.7% |
| Other amounts receivable | 41 | €70 | €26,096 | +€26,026 | +37,207% |
| Cash at bank and in hand | 54/58 | €86,182 | €174,620 | +€88,439 | +103% |
| Deferred charges and accrued income | 490/1 | - | €3,134 | +€3,134 | |
| Total equity and liabilities | 10/49 | €520,186 | €545,725 | +€25,539 | +4.9% |
| Equity | 10/15 | -€286,622 | -€238,888 | +€47,734 | +16.7% |
| Contributions | 10/11 | €464,467 | €464,467 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€752,944 | -€705,210 | +€47,734 | +6.3% |
| Amounts payable | 17/49 | €806,808 | €784,613 | -€22,195 | -2.8% |
| Amounts payable after more than one year | 17 | €466,039 | €400,000 | -€66,039 | -14.2% |
| Financial debts | 170/4 | €466,039 | €400,000 | -€66,039 | -14.2% |
| Amounts payable within one year | 42/48 | €340,681 | €371,481 | +€30,800 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €56,864 | €33,898 | -€22,966 | -40.4% |
| Financial debts | 43 | €13,294 | €33,261 | +€19,967 | +150% |
| Credit institutions | 430/8 | €13,294 | €33,261 | +€19,967 | +150% |
| Trade debts | 44 | €223,417 | €256,292 | +€32,875 | +14.7% |
| Suppliers | 440/4 | €223,417 | €256,292 | +€32,875 | +14.7% |
| Taxes, remuneration and social security | 45 | €43,205 | €47,830 | +€4,625 | +10.7% |
| Taxes | 450/3 | €14,102 | €11,942 | -€2,160 | -15.3% |
| Remuneration and social security | 454/9 | €29,103 | €35,888 | +€6,785 | +23.3% |
| Other amounts payable | 47/48 | €3,901 | €200 | -€3,701 | -94.9% |
| Accrued charges and deferred income | 492/3 | €88 | €13,131 | +€13,044 | +14,832% |
| Non-recurring operating income | 76A | - | €4,380 | +€4,380 | |
| Remuneration, social security and pensions | 62 | €299,390 | €293,410 | -€5,980 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,371 | €47,454 | +€83 | +0.2% |
| Other operating charges | 640/8 | €1,821 | €1,494 | -€326 | -17.9% |
| Gross operating margin | 9900 | €259,542 | €414,090 | +€154,548 | +59.5% |
| Operating profit (loss) | 9901 | -€89,040 | €71,731 | +€160,771 | |
| Financial income | 75/76B | €103 | €52 | -€51 | -49.5% |
| Recurring financial income | 75 | €103 | €52 | -€51 | -49.5% |
| Financial charges | 65/66B | €13,680 | €24,049 | +€10,369 | +75.8% |
| Recurring financial charges | 65 | €13,680 | €24,049 | +€10,369 | +75.8% |
| Profit (loss) for the period before taxes | 9903 | -€102,617 | €47,734 | +€150,351 | |
| Income taxes | 67/77 | €344 | - | -€344 | |
| Profit (loss) for the period | 9904 | -€102,960 | €47,734 | +€150,695 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,960 | €47,734 | +€150,695 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.