FLORIBUNDA: 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.
FLORIBUNDA
Largest movements
- Tangible fixed assets +€111,829
up €111,829 (+43.7%), from €256,122 to €367,951
of which Land and buildings: +€122,363
- Financial fixed assets -€96,676
down €96,676 (-99.7%), from €96,957 to €281
- Receivables within one year -€84,647
down €84,647 (-83.1%), from €101,825 to €17,177
of which Other amounts receivable: -€82,465
- Intangible fixed assets -€12,000
down €12,000 (-100.0%), from €12,000 to €0
- Deferred charges and accrued income -€9,700
down €9,700 (-92.8%), from €10,455 to €755
- Debts after one year -€32,440
down €32,440 (-100.0%), from €32,440 to €0
- Other debts -€23,129
down €23,129 (-17.3%), from €133,589 to €110,460
- Reserves -€9,216
down €9,216 (-5.6%), from €164,723 to €155,507
of which Distributable reserves: -€7,238
- Tax, wage and social debts -€8,769
down €8,769 (-46.3%), from €18,959 to €10,190
- Accrued charges and deferred income -€5,614
down €5,614 (-99.6%), from €5,639 to €25
- Other operating charges -€11,905
down €11,905 (-63.5%), from €18,751 to €6,846
- Financial charges +€11,771
up €11,771 (+151.2%), from €7,784 to €19,556
of which Non-recurring financial charges: +€14,370
- Gross operating margin -€6,160
down €6,160 (-10.2%), from €60,290 to €54,129
- Depreciation -€5,944
down €5,944 (-33.0%), from €18,032 to €12,088
- Taxes -€5,838
down €5,838 (-73.2%), from €7,971 to €2,133
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 | €538,864 | €449,401 | -€89,462 | -16.6% |
| Fixed assets | 21/28 | €365,078 | €368,231 | +€3,153 | +0.9% |
| Intangible fixed assets | 21 | €12,000 | €0 | -€12,000 | -100.0% |
| Tangible fixed assets | 22/27 | €256,122 | €367,951 | +€111,829 | +43.7% |
| Land and buildings | 22 | €240,200 | €362,563 | +€122,363 | +50.9% |
| Plant, machinery and equipment | 23 | €13,253 | €1,938 | -€11,315 | -85.4% |
| Furniture and vehicles | 24 | €2,668 | €3,450 | +€781 | +29.3% |
| Financial fixed assets | 28 | €96,957 | €281 | -€96,676 | -99.7% |
| Current assets | 29/58 | €173,785 | €81,170 | -€92,615 | -53.3% |
| Amounts receivable within one year | 40/41 | €101,825 | €17,177 | -€84,647 | -83.1% |
| Trade receivables | 40 | €4,492 | €2,310 | -€2,183 | -48.6% |
| Other amounts receivable | 41 | €97,332 | €14,867 | -€82,465 | -84.7% |
| Cash at bank and in hand | 54/58 | €61,506 | €63,238 | +€1,732 | +2.8% |
| Deferred charges and accrued income | 490/1 | €10,455 | €755 | -€9,700 | -92.8% |
| Total equity and liabilities | 10/49 | €538,864 | €449,401 | -€89,462 | -16.6% |
| Equity | 10/15 | €282,723 | €273,507 | -€9,216 | -3.3% |
| Contributions | 10/11 | €118,000 | €118,000 | = | 0.0% |
| Reserves | 13 | €164,723 | €155,507 | -€9,216 | -5.6% |
| Tax-exempt reserves | 132 | €33,632 | €31,653 | -€1,978 | -5.9% |
| Distributable reserves | 133 | €131,091 | €123,854 | -€7,238 | -5.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €11,211 | €10,551 | -€659 | -5.9% |
| Deferred taxes | 168 | €11,211 | €10,551 | -€659 | -5.9% |
| Amounts payable | 17/49 | €244,930 | €165,343 | -€79,587 | -32.5% |
| Amounts payable after more than one year | 17 | €32,440 | €0 | -€32,440 | -100.0% |
| Financial debts | 170/4 | €32,440 | €0 | -€32,440 | -100.0% |
| Amounts payable within one year | 42/48 | €206,852 | €165,319 | -€41,533 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €37,792 | €32,440 | -€5,352 | -14.2% |
| Trade debts | 44 | €16,512 | €12,229 | -€4,282 | -25.9% |
| Suppliers | 440/4 | €16,512 | €12,229 | -€4,282 | -25.9% |
| Taxes, remuneration and social security | 45 | €18,959 | €10,190 | -€8,769 | -46.3% |
| Taxes | 450/3 | €18,959 | €10,190 | -€8,769 | -46.3% |
| Other amounts payable | 47/48 | €133,589 | €110,460 | -€23,129 | -17.3% |
| Accrued charges and deferred income | 492/3 | €5,639 | €25 | -€5,614 | -99.6% |
| Non-recurring operating income | 76A | €5,112 | €6,009 | +€897 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,032 | €12,088 | -€5,944 | -33.0% |
| Other operating charges | 640/8 | €18,751 | €6,846 | -€11,905 | -63.5% |
| Non-recurring operating charges | 66A | - | €22,000 | +€22,000 | |
| Gross operating margin | 9900 | €60,290 | €54,129 | -€6,160 | -10.2% |
| Operating profit (loss) | 9901 | €23,506 | €13,195 | -€10,311 | -43.9% |
| Financial income | 75/76B | €250 | €284 | +€34 | +13.6% |
| Recurring financial income | 75 | €250 | €284 | +€34 | +13.6% |
| Financial charges | 65/66B | €7,784 | €19,556 | +€11,771 | +151.2% |
| Recurring financial charges | 65 | €7,784 | €5,186 | -€2,598 | -33.4% |
| Non-recurring financial charges | 66B | - | €14,370 | +€14,370 | |
| Profit (loss) for the period before taxes | 9903 | €15,972 | -€6,077 | -€22,049 | |
| Transfer from deferred taxes | 780 | €659 | €659 | +€0 | 0.0% |
| Income taxes | 67/77 | €7,971 | €2,133 | -€5,838 | -73.2% |
| Profit (loss) for the period | 9904 | €8,660 | -€7,550 | -€16,210 | |
| Transfer from tax-exempt reserves | 789 | €1,978 | €1,978 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,639 | -€5,572 | -€16,210 |
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 12 October 2026 via checked.be.