FLORIDIS: 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.
FLORIDIS
Largest movements
- Cash -€180,091
down €180,091 (-75.8%), from €237,689 to €57,598
mainly Net result for the year (-€846,258) and Short-term financial debts (-€148,165)
- Receivables within one year -€89,723
down €89,723 (-49.4%), from €181,721 to €91,998
of which Other amounts receivable: -€77,891
- Stocks and contracts -€49,401
down €49,401 (-6.3%), from €777,992 to €728,591
- Tangible fixed assets -€41,659
down €41,659 (-14.8%), from €281,867 to €240,208
of which Plant, machinery and equipment: -€81,277
- Profit (loss) carried forward -€846,258
down €846,258 (-91.8%), from -€922,060 to -€1.8m
- Trade debts +€693,681
up €693,681 (+39.6%), from €1.8m to €2.4m
- Short-term financial debts -€148,165
no longer reported in 2025 (was €148,165)
- Debts after one year -€120,986
down €120,986 (-48.9%), from €247,242 to €126,256
- Current portion of long-term debt +€27,942
up €27,942 (+26.2%), from €106,513 to €134,456
- Staff costs +€44,425
up €44,425 (+6.5%), from €681,214 to €725,639
- Gross operating margin +€28,601
up €28,601 (+27.3%), from €104,781 to €133,382
- Depreciation +€20,411
up €20,411 (+17.9%), from €113,975 to €134,386
- Other operating charges +€13,989
up €13,989 (+29.6%), from €47,306 to €61,295
- Financial charges -€9,955
down €9,955 (-14.7%), from €67,519 to €57,564
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 | €1,650,994 | €1,283,973 | -€367,020 | -22.2% |
| Fixed assets | 21/28 | €294,490 | €252,831 | -€41,659 | -14.1% |
| Tangible fixed assets | 22/27 | €281,867 | €240,208 | -€41,659 | -14.8% |
| Plant, machinery and equipment | 23 | €211,582 | €130,305 | -€81,277 | -38.4% |
| Furniture and vehicles | 24 | €65,765 | €105,841 | +€40,077 | +60.9% |
| Other tangible fixed assets | 26 | €4,520 | €4,062 | -€459 | -10.1% |
| Financial fixed assets | 28 | €12,623 | €12,623 | = | 0.0% |
| Current assets | 29/58 | €1,356,504 | €1,031,143 | -€325,361 | -24.0% |
| Stocks and contracts in progress | 3 | €777,992 | €728,591 | -€49,401 | -6.3% |
| Stocks | 30/36 | €777,992 | €728,591 | -€49,401 | -6.3% |
| Amounts receivable within one year | 40/41 | €181,721 | €91,998 | -€89,723 | -49.4% |
| Trade receivables | 40 | €97,688 | €85,857 | -€11,831 | -12.1% |
| Other amounts receivable | 41 | €84,033 | €6,142 | -€77,891 | -92.7% |
| Current investments | 50/53 | €148,515 | €148,515 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €237,689 | €57,598 | -€180,091 | -75.8% |
| Deferred charges and accrued income | 490/1 | €10,588 | €4,441 | -€6,147 | -58.1% |
| Total equity and liabilities | 10/49 | €1,650,994 | €1,283,973 | -€367,020 | -22.2% |
| Equity | 10/15 | -€702,060 | -€1,548,317 | -€846,258 | -120.5% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€922,060 | -€1,768,317 | -€846,258 | -91.8% |
| Amounts payable | 17/49 | €2,353,053 | €2,832,291 | +€479,237 | +20.4% |
| Amounts payable after more than one year | 17 | €247,242 | €126,256 | -€120,986 | -48.9% |
| Financial debts | 170/4 | €247,242 | €126,256 | -€120,986 | -48.9% |
| Amounts payable within one year | 42/48 | €2,105,811 | €2,706,034 | +€600,223 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €106,513 | €134,456 | +€27,942 | +26.2% |
| Financial debts | 43 | €148,165 | - | -€148,165 | |
| Credit institutions | 430/8 | €148,165 | - | -€148,165 | |
| Trade debts | 44 | €1,753,006 | €2,446,686 | +€693,681 | +39.6% |
| Suppliers | 440/4 | €1,753,006 | €2,446,686 | +€693,681 | +39.6% |
| Taxes, remuneration and social security | 45 | €97,072 | €114,788 | +€17,716 | +18.2% |
| Taxes | 450/3 | €466 | €7,726 | +€7,260 | +1559.1% |
| Remuneration and social security | 454/9 | €96,606 | €107,062 | +€10,455 | +10.8% |
| Other amounts payable | 47/48 | €1,055 | €10,105 | +€9,049 | +857.4% |
| Remuneration, social security and pensions | 62 | €681,214 | €725,639 | +€44,425 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,975 | €134,386 | +€20,411 | +17.9% |
| Other operating charges | 640/8 | €47,306 | €61,295 | +€13,989 | +29.6% |
| Operating charges capitalised as restructuring costs | 649 | - | -€11 | -€11 | |
| Non-recurring operating charges | 66A | - | €70 | +€70 | |
| Gross operating margin | 9900 | €104,781 | €133,382 | +€28,601 | +27.3% |
| Operating profit (loss) | 9901 | -€737,715 | -€787,997 | -€50,282 | -6.8% |
| Financial income | 75/76B | €5,124 | - | -€5,124 | |
| Recurring financial income | 75 | €5,124 | - | -€5,124 | |
| Financial charges | 65/66B | €67,519 | €57,564 | -€9,955 | -14.7% |
| Recurring financial charges | 65 | €67,519 | €57,564 | -€9,955 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€800,109 | -€845,561 | -€45,451 | -5.7% |
| Income taxes | 67/77 | €1,382 | €697 | -€685 | -49.6% |
| Profit (loss) for the period | 9904 | -€801,492 | -€846,258 | -€44,766 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€801,492 | -€846,258 | -€44,766 | -5.6% |
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 29 September 2026 via checked.be.