FLORES: 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.
FLORES
Largest movements
- Receivables within one year +€29,223
up €29,223 (+18.1%), from €161,716 to €190,939
of which Other amounts receivable: +€25,148
- Cash +€9,959
up €9,959 (+16.6%), from €59,823 to €69,782
mainly Other debts (+€40,426) and Net result for the year (+€39,116)
- Tangible fixed assets -€7,477
down €7,477 (-8.5%), from €87,909 to €80,432
of which Other tangible fixed assets: -€8,711
- Other debts +€40,426
up €40,426 (+96.7%), from €41,824 to €82,250
- Debts after one year -€13,401
down €13,401 (-35.1%), from €38,233 to €24,831
- Gross operating margin -€4,265
down €4,265 (-5.7%), from €75,412 to €71,147
- Taxes -€1,698
down €1,698 (-8.8%), from €19,290 to €17,591
- Financial charges +€956
up €956 (+32.8%), from €2,919 to €3,875
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 | €331,358 | €358,322 | +€26,964 | +8.1% |
| Fixed assets | 21/28 | €87,909 | €80,432 | -€7,477 | -8.5% |
| Tangible fixed assets | 22/27 | €87,909 | €80,432 | -€7,477 | -8.5% |
| Furniture and vehicles | 24 | €10,024 | €11,259 | +€1,235 | +12.3% |
| Other tangible fixed assets | 26 | €77,884 | €69,173 | -€8,711 | -11.2% |
| Current assets | 29/58 | €243,449 | €277,890 | +€34,441 | +14.1% |
| Amounts receivable after more than one year | 29 | €20,159 | €16,875 | -€3,284 | -16.3% |
| Other amounts receivable | 291 | €20,159 | €16,875 | -€3,284 | -16.3% |
| Amounts receivable within one year | 40/41 | €161,716 | €190,939 | +€29,223 | +18.1% |
| Trade receivables | 40 | €72,600 | €76,675 | +€4,075 | +5.6% |
| Other amounts receivable | 41 | €89,116 | €114,264 | +€25,148 | +28.2% |
| Cash at bank and in hand | 54/58 | €59,823 | €69,782 | +€9,959 | +16.6% |
| Deferred charges and accrued income | 490/1 | €1,750 | €293 | -€1,457 | -83.2% |
| Total equity and liabilities | 10/49 | €331,358 | €358,322 | +€26,964 | +8.1% |
| Equity | 10/15 | €219,892 | €220,815 | +€923 | +0.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €213,692 | €214,615 | +€923 | +0.4% |
| Distributable reserves | 133 | €213,692 | €214,615 | +€923 | +0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,466 | €137,507 | +€26,041 | +23.4% |
| Amounts payable after more than one year | 17 | €38,233 | €24,831 | -€13,401 | -35.1% |
| Financial debts | 170/4 | €38,233 | €24,831 | -€13,401 | -35.1% |
| Amounts payable within one year | 42/48 | €71,234 | €110,538 | +€39,305 | +55.2% |
| Current portion of amounts payable after more than one year | 42 | €13,301 | €13,401 | +€100 | +0.8% |
| Trade debts | 44 | €636 | €1,544 | +€907 | +142.6% |
| Suppliers | 440/4 | €636 | €1,544 | +€907 | +142.6% |
| Taxes, remuneration and social security | 45 | €15,472 | €13,343 | -€2,129 | -13.8% |
| Taxes | 450/3 | €15,472 | €13,343 | -€2,129 | -13.8% |
| Other amounts payable | 47/48 | €41,824 | €82,250 | +€40,426 | +96.7% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,137 | +€137 | +6.9% |
| Non-recurring operating income | 76A | €150 | €0 | -€150 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,715 | €9,543 | -€172 | -1.8% |
| Other operating charges | 640/8 | €897 | €1,222 | +€325 | +36.3% |
| Gross operating margin | 9900 | €75,412 | €71,147 | -€4,265 | -5.7% |
| Operating profit (loss) | 9901 | €64,800 | €60,382 | -€4,418 | -6.8% |
| Financial income | 75/76B | €229 | €200 | -€29 | -12.6% |
| Recurring financial income | 75 | €229 | €200 | -€29 | -12.6% |
| Financial charges | 65/66B | €2,919 | €3,875 | +€956 | +32.8% |
| Recurring financial charges | 65 | €2,919 | €3,875 | +€956 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €62,110 | €56,707 | -€5,403 | -8.7% |
| Income taxes | 67/77 | €19,290 | €17,591 | -€1,698 | -8.8% |
| Profit (loss) for the period | 9904 | €42,820 | €39,116 | -€3,704 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,820 | €39,116 | -€3,704 | -8.7% |
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 7 October 2026 via checked.be.