FLORIENT - MULLER: 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.
FLORIENT - MULLER
Largest movements
- Cash -€27,856
down €27,856 (-22.2%), from €125,322 to €97,466
mainly Net result for the year (-€19,734) and Receivables within one year (-€9,025)
- Receivables within one year +€9,025
up €9,025 (+1,979%), from €456 to €9,481
of which Trade receivables: +€9,286
- Stocks and contracts -€3,925
down €3,925 (-13.2%), from €29,663 to €25,738
- Profit (loss) carried forward -€19,734
down €19,734 (-31.4%), from -€62,943 to -€82,677
- Trade debts -€3,610
down €3,610 (-72.5%), from €4,977 to €1,367
- Gross operating margin +€32,998
up €32,998, from -€10,697 to €22,301
- Staff costs +€17,726
up €17,726 (+389%), from €4,551 to €22,277
- Taxes +€15,901
new in 2025: €15,901
- Depreciation -€2,667
no longer reported in 2025 (was €2,667)
- Other operating charges +€849
up €849 (+36.3%), from €2,337 to €3,186
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,793 | €190,037 | -€22,756 | -10.7% |
| Fixed assets | 21/28 | €57,352 | €57,352 | = | 0.0% |
| Tangible fixed assets | 22/27 | €55,202 | €55,202 | = | 0.0% |
| Land and buildings | 22 | €55,202 | €55,202 | = | 0.0% |
| Financial fixed assets | 28 | €2,150 | €2,150 | = | 0.0% |
| Current assets | 29/58 | €155,441 | €132,685 | -€22,756 | -14.6% |
| Stocks and contracts in progress | 3 | €29,663 | €25,738 | -€3,925 | -13.2% |
| Stocks | 30/36 | €29,663 | €25,738 | -€3,925 | -13.2% |
| Amounts receivable within one year | 40/41 | €456 | €9,481 | +€9,025 | +1,979% |
| Trade receivables | 40 | €195 | €9,481 | +€9,286 | +4,762% |
| Other amounts receivable | 41 | €261 | - | -€261 | |
| Cash at bank and in hand | 54/58 | €125,322 | €97,466 | -€27,856 | -22.2% |
| Total equity and liabilities | 10/49 | €212,793 | €190,037 | -€22,756 | -10.7% |
| Equity | 10/15 | €94,993 | €75,259 | -€19,734 | -20.8% |
| Contributions | 10/11 | €144,582 | €144,582 | = | 0.0% |
| Capital | 10 | €144,582 | €144,582 | = | 0.0% |
| Issued capital | 100 | €144,582 | €144,582 | = | 0.0% |
| Reserves | 13 | €13,354 | €13,354 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,711 | €3,711 | = | 0.0% |
| Legal reserve | 130 | €3,711 | €3,711 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,643 | €9,643 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,943 | -€82,677 | -€19,734 | -31.4% |
| Amounts payable | 17/49 | €117,800 | €114,778 | -€3,022 | -2.6% |
| Amounts payable after more than one year | 17 | €63,320 | €63,320 | = | 0.0% |
| Other amounts payable | 178/9 | €63,320 | €63,320 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,480 | €51,458 | -€3,022 | -5.5% |
| Trade debts | 44 | €4,977 | €1,367 | -€3,610 | -72.5% |
| Suppliers | 440/4 | €4,977 | €1,367 | -€3,610 | -72.5% |
| Taxes, remuneration and social security | 45 | €29,425 | €30,015 | +€590 | +2.0% |
| Taxes | 450/3 | €20,494 | €19,779 | -€715 | -3.5% |
| Remuneration and social security | 454/9 | €8,931 | €10,236 | +€1,305 | +14.6% |
| Other amounts payable | 47/48 | €20,078 | €20,076 | -€2 | 0.0% |
| Remuneration, social security and pensions | 62 | €4,551 | €22,277 | +€17,726 | +389% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,667 | - | -€2,667 | |
| Other operating charges | 640/8 | €2,337 | €3,186 | +€849 | +36.3% |
| Gross operating margin | 9900 | -€10,697 | €22,301 | +€32,998 | |
| Operating profit (loss) | 9901 | -€20,252 | -€3,162 | +€17,090 | +84.4% |
| Financial income | 75/76B | €164 | €2 | -€162 | -98.8% |
| Recurring financial income | 75 | €164 | €2 | -€162 | -98.8% |
| Financial charges | 65/66B | €1,335 | €673 | -€662 | -49.6% |
| Recurring financial charges | 65 | €1,335 | €673 | -€662 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,423 | -€3,833 | +€17,590 | +82.1% |
| Income taxes | 67/77 | - | €15,901 | +€15,901 | |
| Profit (loss) for the period | 9904 | -€21,423 | -€19,734 | +€1,689 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,423 | -€19,734 | +€1,689 | +7.9% |
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 19 October 2026 via checked.be.