FLOREX: 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.
FLOREX
Largest movements
- Cash +€62,059
up €62,059 (+200.8%), from €30,907 to €92,966
mainly Current investments (+€50,000) and Depreciation (+€17,123)
- Current investments -€50,000
down €50,000 (-33.3%), from €150,165 to €100,165
- Tangible fixed assets -€12,292
down €12,292 (-2.3%), from €528,264 to €515,972
of which Furniture and vehicles: -€15,947
- Other debts -€12,428
down €12,428 (-7.4%), from €168,073 to €155,645
- Reserves +€11,461
up €11,461 (+2.9%), from €392,597 to €404,059
of which Distributable reserves: +€11,461
- Other operating charges -€55,072
down €55,072 (-97.7%), from €56,393 to €1,321
- Staff costs -€18,550
down €18,550, from €13,840 to -€4,711
- Financial income +€3,534
new in 2025: €3,534
- Depreciation +€1,675
up €1,675 (+10.8%), from €15,448 to €17,123
- Financial charges -€852
down €852 (-63.2%), from €1,348 to €497
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 | €767,278 | €761,876 | -€5,402 | -0.7% |
| Fixed assets | 21/28 | €529,288 | €516,997 | -€12,292 | -2.3% |
| Tangible fixed assets | 22/27 | €528,264 | €515,972 | -€12,292 | -2.3% |
| Land and buildings | 22 | €460,000 | €460,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €7,400 | €11,055 | +€3,655 | +49.4% |
| Furniture and vehicles | 24 | €60,864 | €44,917 | -€15,947 | -26.2% |
| Financial fixed assets | 28 | €1,024 | €1,024 | = | 0.0% |
| Current assets | 29/58 | €237,990 | €244,879 | +€6,889 | +2.9% |
| Amounts receivable within one year | 40/41 | €54,196 | €48,871 | -€5,325 | -9.8% |
| Trade receivables | 40 | €54,196 | €47,278 | -€6,918 | -12.8% |
| Other amounts receivable | 41 | - | €1,593 | +€1,593 | |
| Current investments | 50/53 | €150,165 | €100,165 | -€50,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €30,907 | €92,966 | +€62,059 | +200.8% |
| Deferred charges and accrued income | 490/1 | €2,722 | €2,877 | +€156 | +5.7% |
| Total equity and liabilities | 10/49 | €767,278 | €761,876 | -€5,402 | -0.7% |
| Equity | 10/15 | €542,597 | €554,059 | +€11,461 | +2.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €392,597 | €404,059 | +€11,461 | +2.9% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,867 | €30,867 | = | 0.0% |
| Distributable reserves | 133 | €346,730 | €358,192 | +€11,461 | +3.3% |
| Amounts payable | 17/49 | €224,681 | €207,817 | -€16,864 | -7.5% |
| Amounts payable within one year | 42/48 | €217,729 | €200,683 | -€17,046 | -7.8% |
| Trade debts | 44 | €18,410 | €16,876 | -€1,533 | -8.3% |
| Suppliers | 440/4 | €18,410 | €16,876 | -€1,533 | -8.3% |
| Taxes, remuneration and social security | 45 | €31,247 | €28,162 | -€3,085 | -9.9% |
| Taxes | 450/3 | €9,690 | €10,164 | +€474 | +4.9% |
| Remuneration and social security | 454/9 | €21,557 | €17,998 | -€3,559 | -16.5% |
| Other amounts payable | 47/48 | €168,073 | €155,645 | -€12,428 | -7.4% |
| Accrued charges and deferred income | 492/3 | €6,951 | €7,134 | +€183 | +2.6% |
| Remuneration, social security and pensions | 62 | €13,840 | -€4,711 | -€18,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,448 | €17,123 | +€1,675 | +10.8% |
| Other operating charges | 640/8 | €56,393 | €1,321 | -€55,072 | -97.7% |
| Gross operating margin | 9900 | €22,438 | €22,157 | -€281 | -1.3% |
| Operating profit (loss) | 9901 | -€63,242 | €8,424 | +€71,666 | |
| Financial income | 75/76B | - | €3,534 | +€3,534 | |
| Recurring financial income | 75 | - | €3,534 | +€3,534 | |
| Financial charges | 65/66B | €1,348 | €497 | -€852 | -63.2% |
| Recurring financial charges | 65 | €1,348 | €497 | -€852 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | -€64,590 | €11,461 | +€76,052 | |
| Profit (loss) for the period | 9904 | -€64,590 | €11,461 | +€76,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,590 | €11,461 | +€76,052 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.