FLORIGES: 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.
FLORIGES
Largest movements
- Tangible fixed assets -€188,600
down €188,600 (-39.2%), from €480,874 to €292,274
of which Land and buildings: -€175,684
- Cash +€53,541
new in 2025: €53,541
mainly Net result for the year (+€359,351) and Investment in fixed assets (net) (+€172,552)
- Receivables within one year +€7,141
up €7,141 (+1968.8%), from €363 to €7,504
of which Trade receivables: +€7,504
- Profit (loss) carried forward +€359,351
up €359,351 (+100.0%), from -€359,471 to -€120
- Debts after one year -€313,916
no longer reported in 2025 (was €313,916)
- Other debts -€124,264
down €124,264 (-37.0%), from €335,713 to €211,450
- Current portion of long-term debt -€31,274
no longer reported in 2025 (was €31,274)
- Short-term financial debts -€16,723
no longer reported in 2025 (was €16,723)
- Gross operating margin +€368,100
up €368,100 (+2028.0%), from €18,151 to €386,251
- Depreciation -€16,100
down €16,100 (-50.1%), from €32,147 to €16,048
- Financial charges -€4,944
down €4,944 (-43.1%), from €11,465 to €6,521
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 | €481,462 | €353,320 | -€128,143 | -26.6% |
| Fixed assets | 21/28 | €480,874 | €292,274 | -€188,600 | -39.2% |
| Tangible fixed assets | 22/27 | €480,874 | €292,274 | -€188,600 | -39.2% |
| Land and buildings | 22 | €467,310 | €291,626 | -€175,684 | -37.6% |
| Plant, machinery and equipment | 23 | €12,811 | - | -€12,811 | |
| Furniture and vehicles | 24 | €753 | €649 | -€104 | -13.8% |
| Current assets | 29/58 | €588 | €61,045 | +€60,457 | +10279.4% |
| Amounts receivable within one year | 40/41 | €363 | €7,504 | +€7,141 | +1968.8% |
| Trade receivables | 40 | - | €7,504 | +€7,504 | |
| Other amounts receivable | 41 | €363 | - | -€363 | |
| Cash at bank and in hand | 54/58 | - | €53,541 | +€53,541 | |
| Deferred charges and accrued income | 490/1 | €225 | - | -€225 | |
| Total equity and liabilities | 10/49 | €481,462 | €353,320 | -€128,143 | -26.6% |
| Equity | 10/15 | -€225,471 | €133,880 | +€359,351 | |
| Contributions | 10/11 | €134,000 | €134,000 | = | 0.0% |
| Capital | 10 | €134,000 | €134,000 | = | 0.0% |
| Issued capital | 100 | €134,000 | €134,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€359,471 | -€120 | +€359,351 | +100.0% |
| Amounts payable | 17/49 | €706,934 | €219,440 | -€487,494 | -69.0% |
| Amounts payable after more than one year | 17 | €313,916 | - | -€313,916 | |
| Financial debts | 170/4 | €313,916 | - | -€313,916 | |
| Amounts payable within one year | 42/48 | €392,587 | €217,485 | -€175,101 | -44.6% |
| Current portion of amounts payable after more than one year | 42 | €31,274 | - | -€31,274 | |
| Financial debts | 43 | €16,723 | - | -€16,723 | |
| Credit institutions | 430/8 | €16,723 | - | -€16,723 | |
| Trade debts | 44 | €8,877 | €2,153 | -€6,724 | -75.7% |
| Suppliers | 440/4 | €8,877 | €2,153 | -€6,724 | -75.7% |
| Taxes, remuneration and social security | 45 | - | €3,883 | +€3,883 | |
| Taxes | 450/3 | - | €3,883 | +€3,883 | |
| Other amounts payable | 47/48 | €335,713 | €211,450 | -€124,264 | -37.0% |
| Accrued charges and deferred income | 492/3 | €431 | €1,955 | +€1,523 | +353.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,147 | €16,048 | -€16,100 | -50.1% |
| Other operating charges | 640/8 | €4,436 | €4,331 | -€105 | -2.4% |
| Gross operating margin | 9900 | €18,151 | €386,251 | +€368,100 | +2028.0% |
| Operating profit (loss) | 9901 | -€18,432 | €365,872 | +€384,304 | |
| Financial charges | 65/66B | €11,465 | €6,521 | -€4,944 | -43.1% |
| Recurring financial charges | 65 | €11,465 | €6,521 | -€4,944 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,898 | €359,351 | +€389,248 | |
| Profit (loss) for the period | 9904 | -€29,898 | €359,351 | +€389,248 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,898 | €359,351 | +€389,248 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.