FLORICOTS: 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.
FLORICOTS
Largest movements
- Cash -€390,115
down €390,115 (-72.2%), from €540,585 to €150,470
mainly Net result for the year (-€287,337) and Investment in fixed assets (net) (-€140,117)
- Receivables within one year +€72,990
up €72,990 (+5.0%), from €1.5m to €1.5m
of which Trade receivables: +€95,051
- Tangible fixed assets +€56,092
up €56,092 (+22.5%), from €248,933 to €305,026
of which Furniture and vehicles: +€69,317
- Profit (loss) carried forward -€287,337
down €287,337 (-20.6%), from €1.4m to €1.1m
- Trade debts -€107,658
down €107,658 (-55.6%), from €193,625 to €85,967
- Accrued charges and deferred income +€52,356
new in 2025: €52,356
- Current portion of long-term debt +€37,992
up €37,992 (+10.0%), from €380,973 to €418,965
- Staff costs +€274,519
up €274,519 (+5.9%), from €4.6m to €4.9m
- Gross operating margin +€141,178
up €141,178 (+3.1%), from €4.6m to €4.7m
- Purchases and services +€64,610
up €64,610 (+2.4%), from €2.6m to €2.7m
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 | €2,896,511 | €2,628,443 | -€268,068 | -9.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €255,358 | €311,451 | +€56,092 | +22.0% |
| Tangible fixed assets | 22/27 | €248,933 | €305,026 | +€56,092 | +22.5% |
| Plant, machinery and equipment | 23 | €49,040 | €36,241 | -€12,799 | -26.1% |
| Furniture and vehicles | 24 | €168,857 | €238,174 | +€69,317 | +41.1% |
| Other tangible fixed assets | 26 | €31,036 | €30,611 | -€426 | -1.4% |
| Financial fixed assets | 28 | €6,425 | €6,425 | = | 0.0% |
| Current assets | 29/58 | €2,641,153 | €2,316,992 | -€324,161 | -12.3% |
| Stocks and contracts in progress | 3 | €8,317 | €7,892 | -€425 | -5.1% |
| Stocks | 30/36 | €8,317 | €7,892 | -€425 | -5.1% |
| Amounts receivable within one year | 40/41 | €1,461,867 | €1,534,857 | +€72,990 | +5.0% |
| Trade receivables | 40 | €708,562 | €803,613 | +€95,051 | +13.4% |
| Other amounts receivable | 41 | €753,306 | €731,245 | -€22,061 | -2.9% |
| Current investments | 50/53 | €618,686 | €618,686 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €540,585 | €150,470 | -€390,115 | -72.2% |
| Deferred charges and accrued income | 490/1 | €11,697 | €5,087 | -€6,611 | -56.5% |
| Total equity and liabilities | 10/49 | €2,896,511 | €2,628,443 | -€268,068 | -9.3% |
| Equity | 10/15 | €1,419,781 | €1,132,444 | -€287,337 | -20.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €20,609 | €20,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,392,975 | €1,105,637 | -€287,337 | -20.6% |
| Amounts payable | 17/49 | €1,476,730 | €1,495,999 | +€19,269 | +1.3% |
| Amounts payable after more than one year | 17 | €324,753 | €343,247 | +€18,494 | +5.7% |
| Financial debts | 170/4 | €324,753 | €343,247 | +€18,494 | +5.7% |
| Amounts payable within one year | 42/48 | €1,151,978 | €1,100,397 | -€51,581 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €380,973 | €418,965 | +€37,992 | +10.0% |
| Trade debts | 44 | €193,625 | €85,967 | -€107,658 | -55.6% |
| Suppliers | 440/4 | €193,625 | €85,967 | -€107,658 | -55.6% |
| Taxes, remuneration and social security | 45 | €470,419 | €487,874 | +€17,455 | +3.7% |
| Remuneration and social security | 454/9 | €470,419 | €487,874 | +€17,455 | +3.7% |
| Other amounts payable | 47/48 | €106,961 | €107,591 | +€630 | +0.6% |
| Accrued charges and deferred income | 492/3 | - | €52,356 | +€52,356 | |
| Turnover | 70 | €6,285,573 | €6,340,431 | +€54,858 | +0.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,642,409 | €2,707,020 | +€64,610 | +2.4% |
| Remuneration, social security and pensions | 62 | €4,633,042 | €4,907,561 | +€274,519 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,733 | €84,025 | +€26,292 | +45.5% |
| Other operating charges | 640/8 | €1,224 | €10,281 | +€9,057 | +740.1% |
| Gross operating margin | 9900 | €4,589,891 | €4,731,069 | +€141,178 | +3.1% |
| Operating profit (loss) | 9901 | -€102,107 | -€270,798 | -€168,691 | -165.2% |
| Financial income | 75/76B | €36,812 | €12,467 | -€24,344 | -66.1% |
| Recurring financial income | 75 | €36,812 | €12,467 | -€24,344 | -66.1% |
| Financial charges | 65/66B | €26,529 | €27,663 | +€1,134 | +4.3% |
| Recurring financial charges | 65 | €26,529 | €27,663 | +€1,134 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€91,825 | -€285,994 | -€194,169 | -211.5% |
| Income taxes | 67/77 | -€61 | €1,344 | +€1,405 | |
| Profit (loss) for the period | 9904 | -€91,764 | -€287,337 | -€195,574 | -213.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€91,764 | -€287,337 | -€195,574 | -213.1% |
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 10 October 2026 via checked.be.