Florida Center: 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.
What changed
Florida Center
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,114
2024 · -€12,591+€9,478
Equity
€1.2m
2024 · €1.3m-€3,114
Cash
€36,237
2024 · €44,123-€7,886
Balance sheet total
€1.9m
2024 · €2.0m-€64,593
Largest movements
Assets
- Tangible fixed assets -€57,342
down €57,342 (-3.0%), from €1.9m to €1.9m
Equity and liabilities
- Debts after one year -€85,845
down €85,845 (-30.4%), from €282,087 to €196,242
- Other debts +€20,056
up €20,056 (+6.0%), from €336,506 to €356,563
Income statement
- Gross operating margin +€12,321
up €12,321 (+7.8%), from €157,254 to €169,575
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.
Result 2024
-€12,591
Gross operating margin
+€12,321
Depreciation
-€1,505
Other operating charges
+€981
Financial charges
-€1,563
Taxes
-€756
Result 2025
-€3,114
raises the resultlowers the result
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.
From operations
+€122,989
Investment
-€45,292
Financing
-€85,584
Cash 2024
€44,123
From operations (derived)
+€122,989
Net result for the year
-€3,114
Depreciation
+€102,633
Receivables within one year
-€635
Tax, wage and social debts
+€4,352
Other debts
+€20,056
Accrued charges and deferred income
-€304
Investment (derived)
-€45,292
Investment in fixed assets (net)
-€45,292
Financing
-€85,584
Debts after one year
-€85,845
Current portion of long-term debt
+€260
Cash 2025
€36,237
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,961,674 | €1,897,081 | -€64,593 | -3.3% |
| Fixed assets | 21/28 | €1,917,097 | €1,859,755 | -€57,342 | -3.0% |
| Tangible fixed assets | 22/27 | €1,917,097 | €1,859,755 | -€57,342 | -3.0% |
| Land and buildings | 22 | €1,917,097 | €1,859,755 | -€57,342 | -3.0% |
| Current assets | 29/58 | €44,577 | €37,326 | -€7,251 | -16.3% |
| Amounts receivable within one year | 40/41 | €454 | €1,089 | +€635 | +140% |
| Trade receivables | 40 | €454 | €1,089 | +€635 | +140% |
| Cash at bank and in hand | 54/58 | €44,123 | €36,237 | -€7,886 | -17.9% |
| Total equity and liabilities | 10/49 | €1,961,674 | €1,897,081 | -€64,593 | -3.3% |
| Equity | 10/15 | €1,252,929 | €1,249,815 | -€3,114 | -0.2% |
| Contributions | 10/11 | €57,000 | €57,000 | = | 0.0% |
| Reserves | 13 | €1,195,929 | €1,192,815 | -€3,114 | -0.3% |
| Tax-exempt reserves | 132 | €566,298 | €534,133 | -€32,165 | -5.7% |
| Distributable reserves | 133 | €629,631 | €658,682 | +€29,051 | +4.6% |
| Amounts payable | 17/49 | €708,746 | €647,266 | -€61,479 | -8.7% |
| Amounts payable after more than one year | 17 | €282,087 | €196,242 | -€85,845 | -30.4% |
| Financial debts | 170/4 | €282,087 | €196,242 | -€85,845 | -30.4% |
| Amounts payable within one year | 42/48 | €425,043 | €449,712 | +€24,669 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €85,584 | €85,845 | +€260 | +0.3% |
| Taxes, remuneration and social security | 45 | €2,952 | €7,304 | +€4,352 | +147% |
| Taxes | 450/3 | €2,952 | €7,304 | +€4,352 | +147% |
| Other amounts payable | 47/48 | €336,506 | €356,563 | +€20,056 | +6.0% |
| Accrued charges and deferred income | 492/3 | €1,616 | €1,312 | -€304 | -18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,128 | €102,633 | +€1,505 | +1.5% |
| Other operating charges | 640/8 | €20,121 | €19,141 | -€981 | -4.9% |
| Gross operating margin | 9900 | €157,254 | €169,575 | +€12,321 | +7.8% |
| Operating profit (loss) | 9901 | €36,005 | €47,801 | +€11,796 | +32.8% |
| Financial charges | 65/66B | €35,795 | €37,357 | +€1,563 | +4.4% |
| Recurring financial charges | 65 | €35,795 | €37,357 | +€1,563 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €210 | €10,443 | +€10,234 | +4,878% |
| Income taxes | 67/77 | €12,801 | €13,557 | +€756 | +5.9% |
| Profit (loss) for the period | 9904 | -€12,591 | -€3,114 | +€9,478 | +75.3% |
| Transfer from tax-exempt reserves | 789 | €32,165 | €32,165 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,574 | €29,051 | +€9,478 | +48.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.