FLORIM: 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.
FLORIM
Largest movements
- Cash +€367,773
up €367,773 (+1470.3%), from €25,014 to €392,787
mainly Debts after one year (+€1.2m) and Receivables within one year (+€307,508)
- Receivables within one year -€307,508
down €307,508 (-77.6%), from €396,060 to €88,552
of which Other amounts receivable: -€297,045
- Tangible fixed assets -€33,039
down €33,039 (-100.0%), from €33,039 to €0
of which Plant, machinery and equipment: -€24,731
- Deferred charges and accrued income -€8,777
no longer reported in 2022 (was €8,777)
- Debts after one year +€1.2m
new in 2022: €1.2m
- Other debts -€1.1m
down €1.1m (-100.0%), from €1.1m to €4
- Trade debts +€264,222
up €264,222 (+42.5%), from €622,083 to €886,304
- Profit (loss) carried forward -€253,981
down €253,981 (-16.6%), from -€1.5m to -€1.8m
- Purchases and services +€691,574
up €691,574 (+511.7%), from €135,145 to €826,719
- Staff costs +€143,916
up €143,916, from €0 to €143,916
- Gross operating margin +€70,866
up €70,866 (+64.9%), from -€109,194 to -€38,329
- Financial charges +€69,997
up €69,997 (+8819.4%), from €794 to €70,791
of which Non-recurring financial charges: +€60,717
- Depreciation -€50,828
no longer reported in 2022 (was €50,828)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €462,890 | €483,494 | +€20,605 | +4.5% |
| Fixed assets | 21/28 | €33,039 | €2,156 | -€30,884 | -93.5% |
| Tangible fixed assets | 22/27 | €33,039 | €0 | -€33,039 | -100.0% |
| Land and buildings | 22 | €7,895 | €0 | -€7,895 | -100.0% |
| Plant, machinery and equipment | 23 | €24,731 | €0 | -€24,731 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €413 | €0 | -€413 | -100.0% |
| Financial fixed assets | 28 | - | €2,156 | +€2,156 | |
| Current assets | 29/58 | €429,850 | €481,339 | +€51,488 | +12.0% |
| Amounts receivable within one year | 40/41 | €396,060 | €88,552 | -€307,508 | -77.6% |
| Trade receivables | 40 | €73,651 | €63,187 | -€10,463 | -14.2% |
| Other amounts receivable | 41 | €322,409 | €25,364 | -€297,045 | -92.1% |
| Cash at bank and in hand | 54/58 | €25,014 | €392,787 | +€367,773 | +1470.3% |
| Deferred charges and accrued income | 490/1 | €8,777 | - | -€8,777 | |
| Total equity and liabilities | 10/49 | €462,890 | €483,494 | +€20,605 | +4.5% |
| Equity | 10/15 | -€1,302,453 | -€1,556,434 | -€253,981 | -19.5% |
| Contributions | 10/11 | €224,157 | €224,157 | = | 0.0% |
| Capital | 10 | €224,157 | €224,157 | = | 0.0% |
| Issued capital | 100 | €224,157 | €224,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,526,610 | -€1,780,591 | -€253,981 | -16.6% |
| Amounts payable | 17/49 | €1,765,343 | €2,039,928 | +€274,586 | +15.6% |
| Amounts payable after more than one year | 17 | - | €1,153,620 | +€1.2m | |
| Other amounts payable | 178/9 | - | €1,153,620 | +€1.2m | |
| Amounts payable within one year | 42/48 | €1,765,343 | €886,308 | -€879,034 | -49.8% |
| Trade debts | 44 | €622,083 | €886,304 | +€264,222 | +42.5% |
| Suppliers | 440/4 | €622,083 | €886,304 | +€264,222 | +42.5% |
| Other amounts payable | 47/48 | €1,143,260 | €4 | -€1.1m | -100.0% |
| Non-recurring operating income | 76A | €1,378 | €38,718 | +€37,340 | +2709.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €135,145 | €826,719 | +€691,574 | +511.7% |
| Remuneration, social security and pensions | 62 | €0 | €143,916 | +€143,916 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,828 | - | -€50,828 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€33,642 | - | +€33,642 | |
| Other operating charges | 640/8 | €245 | €993 | +€747 | +304.5% |
| Non-recurring operating charges | 66A | €200 | - | -€200 | |
| Gross operating margin | 9900 | -€109,194 | -€38,329 | +€70,866 | +64.9% |
| Operating profit (loss) | 9901 | -€126,827 | -€183,237 | -€56,411 | -44.5% |
| Financial income | 75/76B | €424 | €55 | -€370 | -87.1% |
| Recurring financial income | 75 | €424 | €55 | -€370 | -87.1% |
| Financial charges | 65/66B | €794 | €70,791 | +€69,997 | +8819.4% |
| Recurring financial charges | 65 | €794 | €10,074 | +€9,280 | +1169.3% |
| Non-recurring financial charges | 66B | - | €60,717 | +€60,717 | |
| Profit (loss) for the period before taxes | 9903 | -€127,196 | -€253,973 | -€126,777 | -99.7% |
| Income taxes | 67/77 | €4 | €8 | +€4 | +100.0% |
| Profit (loss) for the period | 9904 | -€127,200 | -€253,981 | -€126,781 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€127,200 | -€253,981 | -€126,781 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.