FLORIGO: 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.
FLORIGO
Largest movements
- Tangible fixed assets +€41,148
up €41,148 (+154%), from €26,647 to €67,795
of which Furniture and vehicles: +€28,700
- Cash +€18,754
up €18,754 (+36.6%), from €51,300 to €70,054
mainly Net result for the year (+€31,186) and Debts after one year (+€20,466)
- Receivables within one year +€8,343
up €8,343 (+1,669%), from €500 to €8,843
of which Trade receivables: +€8,176
- Reserves +€31,186
up €31,186 (+54.7%), from €57,054 to €88,240
- Debts after one year +€20,466
new in 2025: €20,466
- Trade debts +€7,216
up €7,216 (+219%), from €3,297 to €10,513
- Current portion of long-term debt +€7,192
new in 2025: €7,192
- Other debts +€1,983
up €1,983 (+83.5%), from €2,374 to €4,357
- Gross operating margin +€7,996
up €7,996 (+15.8%), from €50,534 to €58,530
- Depreciation +€7,368
up €7,368 (+135%), from €5,456 to €12,824
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 | €78,697 | €146,719 | +€68,023 | +86.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €26,647 | €67,795 | +€41,148 | +154% |
| Tangible fixed assets | 22/27 | €26,647 | €67,795 | +€41,148 | +154% |
| Plant, machinery and equipment | 23 | €2,545 | €3,434 | +€888 | +34.9% |
| Furniture and vehicles | 24 | €7,265 | €35,965 | +€28,700 | +395% |
| Other tangible fixed assets | 26 | €16,836 | €28,397 | +€11,560 | +68.7% |
| Current assets | 29/58 | €52,050 | €78,924 | +€26,874 | +51.6% |
| Amounts receivable within one year | 40/41 | €500 | €8,843 | +€8,343 | +1,669% |
| Trade receivables | 40 | €500 | €8,676 | +€8,176 | +1,635% |
| Other amounts receivable | 41 | - | €166 | +€166 | |
| Cash at bank and in hand | 54/58 | €51,300 | €70,054 | +€18,754 | +36.6% |
| Deferred charges and accrued income | 490/1 | €250 | €28 | -€222 | -89.0% |
| Total equity and liabilities | 10/49 | €78,697 | €146,719 | +€68,023 | +86.4% |
| Equity | 10/15 | €64,054 | €95,240 | +€31,186 | +48.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €57,054 | €88,240 | +€31,186 | +54.7% |
| Distributable reserves | 133 | €57,054 | €88,240 | +€31,186 | +54.7% |
| Amounts payable | 17/49 | €14,643 | €51,479 | +€36,837 | +252% |
| Amounts payable after more than one year | 17 | - | €20,466 | +€20,466 | |
| Financial debts | 170/4 | - | €20,466 | +€20,466 | |
| Amounts payable within one year | 42/48 | €14,643 | €31,014 | +€16,371 | +112% |
| Current portion of amounts payable after more than one year | 42 | - | €7,192 | +€7,192 | |
| Trade debts | 44 | €3,297 | €10,513 | +€7,216 | +219% |
| Suppliers | 440/4 | €3,297 | €10,513 | +€7,216 | +219% |
| Advances received on contracts in progress | 46 | €605 | - | -€605 | |
| Taxes, remuneration and social security | 45 | €8,366 | €8,951 | +€585 | +7.0% |
| Taxes | 450/3 | €6,621 | €7,031 | +€411 | +6.2% |
| Remuneration and social security | 454/9 | €1,746 | €1,920 | +€174 | +10.0% |
| Other amounts payable | 47/48 | €2,374 | €4,357 | +€1,983 | +83.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,456 | €12,824 | +€7,368 | +135% |
| Other operating charges | 640/8 | €188 | €280 | +€93 | +49.6% |
| Non-recurring operating charges | 66A | - | €679 | +€679 | |
| Gross operating margin | 9900 | €50,534 | €58,530 | +€7,996 | +15.8% |
| Operating profit (loss) | 9901 | €44,891 | €44,746 | -€145 | -0.3% |
| Financial income | 75/76B | €73 | €55 | -€18 | -24.4% |
| Recurring financial income | 75 | €73 | €55 | -€18 | -24.4% |
| Financial charges | 65/66B | €382 | €877 | +€496 | +130% |
| Recurring financial charges | 65 | €382 | €877 | +€496 | +130% |
| Profit (loss) for the period before taxes | 9903 | €44,582 | €43,924 | -€658 | -1.5% |
| Income taxes | 67/77 | €12,930 | €12,738 | -€191 | -1.5% |
| Profit (loss) for the period | 9904 | €31,652 | €31,186 | -€467 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,652 | €31,186 | -€467 | -1.5% |
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 17 October 2026 via checked.be.