FLORES28: 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.
FLORES28
Largest movements
- Receivables within one year +€13,570
up €13,570 (+17.9%), from €75,792 to €89,362
of which Trade receivables: +€13,324
- Reserves +€11,719
up €11,719 (+39.0%), from €30,015 to €41,735
- Other debts +€9,255
up €9,255 (+186%), from €4,968 to €14,223
- Tax, wage and social debts -€7,398
down €7,398 (-47.4%), from €15,606 to €8,208
- Gross operating margin -€21,220
down €21,220 (-55.7%), from €38,074 to €16,855
- Taxes -€3,099
down €3,099 (-41.3%), from €7,504 to €4,405
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 | €75,794 | €89,560 | +€13,766 | +18.2% |
| Current assets | 29/58 | €75,794 | €89,560 | +€13,766 | +18.2% |
| Amounts receivable within one year | 40/41 | €75,792 | €89,362 | +€13,570 | +17.9% |
| Trade receivables | 40 | €50,792 | €64,116 | +€13,324 | +26.2% |
| Other amounts receivable | 41 | €25,000 | €25,246 | +€246 | +1.0% |
| Cash at bank and in hand | 54/58 | €2 | €198 | +€196 | +9,038% |
| Total equity and liabilities | 10/49 | €75,794 | €89,560 | +€13,766 | +18.2% |
| Equity | 10/15 | €55,015 | €66,735 | +€11,719 | +21.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €30,015 | €41,735 | +€11,719 | +39.0% |
| Distributable reserves | 133 | €30,015 | €41,735 | +€11,719 | +39.0% |
| Amounts payable | 17/49 | €20,779 | €22,826 | +€2,047 | +9.9% |
| Amounts payable within one year | 42/48 | €20,779 | €22,826 | +€2,047 | +9.9% |
| Trade debts | 44 | €205 | €395 | +€190 | +93.0% |
| Suppliers | 440/4 | €205 | €395 | +€190 | +93.0% |
| Taxes, remuneration and social security | 45 | €15,606 | €8,208 | -€7,398 | -47.4% |
| Taxes | 450/3 | €15,606 | €8,208 | -€7,398 | -47.4% |
| Other amounts payable | 47/48 | €4,968 | €14,223 | +€9,255 | +186% |
| Other operating charges | 640/8 | €455 | €549 | +€94 | +20.7% |
| Gross operating margin | 9900 | €38,074 | €16,855 | -€21,220 | -55.7% |
| Operating profit (loss) | 9901 | €37,619 | €16,305 | -€21,314 | -56.7% |
| Financial charges | 65/66B | €100 | €181 | +€81 | +80.9% |
| Recurring financial charges | 65 | €100 | €181 | +€81 | +80.9% |
| Profit (loss) for the period before taxes | 9903 | €37,519 | €16,125 | -€21,394 | -57.0% |
| Income taxes | 67/77 | €7,504 | €4,405 | -€3,099 | -41.3% |
| Profit (loss) for the period | 9904 | €30,015 | €11,719 | -€18,296 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,015 | €11,719 | -€18,296 | -61.0% |
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 19 October 2026 via checked.be.