FLOREYN: 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.
FLOREYN
Largest movements
- Current investments +€1.3m
up €1.3m (+57.7%), from €2.2m to €3.5m
- Cash -€169,478
down €169,478 (-52.3%), from €324,055 to €154,577
mainly Current investments (-€1.3m) and Debts after one year (-€311,084)
- Reserves +€1.5m
up €1.5m (+23.1%), from €6.4m to €7.9m
- Debts after one year -€311,084
down €311,084 (-100.0%), from €311,084 to €0
- Financial income +€730,230
up €730,230 (+59.3%), from €1.2m to €2.0m
- Gross operating margin -€428,327
down €428,327, from €352,174 to -€76,153
- Taxes +€28,945
up €28,945 (+21.0%), from €137,589 to €166,534
- Staff costs -€16,551
down €16,551, from €15,897 to -€653
- Depreciation +€7,174
up €7,174 (+26.9%), from €26,646 to €33,820
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 | €8,036,069 | €9,209,454 | +€1.2m | +14.6% |
| Fixed assets | 21/28 | €4,892,226 | €4,877,995 | -€14,231 | -0.3% |
| Tangible fixed assets | 22/27 | €602,475 | €588,244 | -€14,231 | -2.4% |
| Land and buildings | 22 | €254,598 | €241,200 | -€13,398 | -5.3% |
| Furniture and vehicles | 24 | €2,433 | €1,600 | -€833 | -34.3% |
| Other tangible fixed assets | 26 | €345,444 | €345,444 | = | 0.0% |
| Financial fixed assets | 28 | €4,289,751 | €4,289,751 | = | 0.0% |
| Current assets | 29/58 | €3,143,843 | €4,331,460 | +€1.2m | +37.8% |
| Amounts receivable within one year | 40/41 | €575,740 | €659,705 | +€83,965 | +14.6% |
| Trade receivables | 40 | €12,161 | €0 | -€12,161 | -100.0% |
| Other amounts receivable | 41 | €563,579 | €659,705 | +€96,126 | +17.1% |
| Current investments | 50/53 | €2,227,850 | €3,513,724 | +€1.3m | +57.7% |
| Cash at bank and in hand | 54/58 | €324,055 | €154,577 | -€169,478 | -52.3% |
| Deferred charges and accrued income | 490/1 | €16,199 | €3,454 | -€12,745 | -78.7% |
| Total equity and liabilities | 10/49 | €8,036,069 | €9,209,454 | +€1.2m | +14.6% |
| Equity | 10/15 | €7,279,469 | €8,757,203 | +€1.5m | +20.3% |
| Contributions | 10/11 | €890,348 | €890,348 | = | 0.0% |
| Reserves | 13 | €6,389,120 | €7,866,854 | +€1.5m | +23.1% |
| Distributable reserves | 133 | €6,389,120 | €7,866,854 | +€1.5m | +23.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €756,600 | €452,252 | -€304,349 | -40.2% |
| Amounts payable after more than one year | 17 | €311,084 | €0 | -€311,084 | -100.0% |
| Financial debts | 170/4 | €311,084 | €0 | -€311,084 | -100.0% |
| Amounts payable within one year | 42/48 | €440,888 | €439,813 | -€1,075 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €299,865 | €311,084 | +€11,219 | +3.7% |
| Trade debts | 44 | €15,897 | €4,249 | -€11,648 | -73.3% |
| Suppliers | 440/4 | €15,897 | €4,249 | -€11,648 | -73.3% |
| Taxes, remuneration and social security | 45 | €125,126 | €124,480 | -€646 | -0.5% |
| Taxes | 450/3 | €125,126 | €124,480 | -€646 | -0.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,628 | €12,439 | +€7,811 | +168.8% |
| Remuneration, social security and pensions | 62 | €15,897 | -€653 | -€16,551 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,646 | €33,820 | +€7,174 | +26.9% |
| Other operating charges | 640/8 | €7,234 | €6,988 | -€246 | -3.4% |
| Gross operating margin | 9900 | €352,174 | -€76,153 | -€428,327 | |
| Operating profit (loss) | 9901 | €302,397 | -€116,308 | -€418,704 | |
| Financial income | 75/76B | €1,232,366 | €1,962,596 | +€730,230 | +59.3% |
| Recurring financial income | 75 | €1,232,366 | €1,962,596 | +€730,230 | +59.3% |
| Financial charges | 65/66B | €21,284 | €14,417 | -€6,867 | -32.3% |
| Recurring financial charges | 65 | €21,284 | €14,417 | -€6,867 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €1,513,478 | €1,831,872 | +€318,393 | +21.0% |
| Income taxes | 67/77 | €137,589 | €166,534 | +€28,945 | +21.0% |
| Profit (loss) for the period | 9904 | €1,375,889 | €1,665,338 | +€289,448 | +21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,375,889 | €1,665,338 | +€289,448 | +21.0% |
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 6 October 2026 via checked.be.