FLORIMO: 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.
FLORIMO
Largest movements
- Cash -€89,762
down €89,762 (-90.5%), from €99,131 to €9,369
mainly Contributions, distributions and other (-€138,559) and Investment in fixed assets (net) (-€18,557)
- Tangible fixed assets -€31,174
down €31,174 (-18.2%), from €171,316 to €140,142
of which Plant, machinery and equipment: -€22,872
- Receivables within one year +€4,053
up €4,053 (+17.4%), from €23,266 to €27,319
of which Trade receivables: +€9,873
- Reserves -€129,873
down €129,873 (-93.7%), from €138,559 to €8,686
- Other debts +€48,340
new in 2025: €48,340
- Current portion of long-term debt -€14,233
down €14,233 (-38.9%), from €36,587 to €22,354
- Tax, wage and social debts -€14,059
down €14,059 (-35.2%), from €39,997 to €25,938
of which Remuneration and social security: -€15,391
- Debts after one year -€12,250
down €12,250 (-23.6%), from €51,929 to €39,679
- Staff costs +€76,298
up €76,298 (+21.7%), from €351,643 to €427,941
- Gross operating margin +€56,434
up €56,434 (+12.0%), from €468,453 to €524,888
- Write-downs +€17,922
new in 2025: €17,922
- Taxes -€5,732
down €5,732 (-89.8%), from €6,385 to €653
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 | €338,472 | €214,484 | -€123,988 | -36.6% |
| Fixed assets | 21/28 | €176,125 | €142,227 | -€33,898 | -19.2% |
| Intangible fixed assets | 21 | €4,583 | €1,860 | -€2,723 | -59.4% |
| Tangible fixed assets | 22/27 | €171,316 | €140,142 | -€31,174 | -18.2% |
| Land and buildings | 22 | €35,778 | €34,618 | -€1,160 | -3.2% |
| Plant, machinery and equipment | 23 | €82,590 | €59,718 | -€22,872 | -27.7% |
| Furniture and vehicles | 24 | €20,662 | €12,760 | -€7,902 | -38.2% |
| Leasing and similar rights | 25 | €23,786 | €24,546 | +€760 | +3.2% |
| Other tangible fixed assets | 26 | €8,500 | €8,500 | = | 0.0% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €162,347 | €72,257 | -€90,090 | -55.5% |
| Stocks and contracts in progress | 3 | €19,263 | €17,289 | -€1,974 | -10.2% |
| Stocks | 30/36 | €19,263 | €17,289 | -€1,974 | -10.2% |
| Amounts receivable within one year | 40/41 | €23,266 | €27,319 | +€4,053 | +17.4% |
| Trade receivables | 40 | €6,084 | €15,957 | +€9,873 | +162.3% |
| Other amounts receivable | 41 | €17,182 | €11,362 | -€5,820 | -33.9% |
| Cash at bank and in hand | 54/58 | €99,131 | €9,369 | -€89,762 | -90.5% |
| Deferred charges and accrued income | 490/1 | €20,687 | €18,280 | -€2,407 | -11.6% |
| Total equity and liabilities | 10/49 | €338,472 | €214,484 | -€123,988 | -36.6% |
| Equity | 10/15 | €157,159 | €27,286 | -€129,873 | -82.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €138,559 | €8,686 | -€129,873 | -93.7% |
| Distributable reserves | 133 | €138,559 | €8,686 | -€129,873 | -93.7% |
| Amounts payable | 17/49 | €181,313 | €187,199 | +€5,886 | +3.2% |
| Amounts payable after more than one year | 17 | €51,929 | €39,679 | -€12,250 | -23.6% |
| Financial debts | 170/4 | €51,929 | €39,679 | -€12,250 | -23.6% |
| Amounts payable within one year | 42/48 | €122,646 | €138,876 | +€16,230 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €36,587 | €22,354 | -€14,233 | -38.9% |
| Trade debts | 44 | €46,062 | €42,245 | -€3,817 | -8.3% |
| Suppliers | 440/4 | €46,062 | €42,245 | -€3,817 | -8.3% |
| Taxes, remuneration and social security | 45 | €39,997 | €25,938 | -€14,059 | -35.2% |
| Taxes | 450/3 | €3,708 | €5,040 | +€1,332 | +35.9% |
| Remuneration and social security | 454/9 | €36,289 | €20,898 | -€15,391 | -42.4% |
| Other amounts payable | 47/48 | - | €48,340 | +€48,340 | |
| Accrued charges and deferred income | 492/3 | €6,738 | €8,643 | +€1,905 | +28.3% |
| Non-recurring operating income | 76A | €15,500 | - | -€15,500 | |
| Remuneration, social security and pensions | 62 | €351,643 | €427,941 | +€76,298 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,153 | €52,455 | +€1,302 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,922 | +€17,922 | |
| Other operating charges | 640/8 | €7,511 | €7,198 | -€313 | -4.2% |
| Non-recurring operating charges | 66A | €94 | €523 | +€429 | +455.0% |
| Gross operating margin | 9900 | €468,453 | €524,888 | +€56,434 | +12.0% |
| Operating profit (loss) | 9901 | €58,052 | €18,848 | -€39,204 | -67.5% |
| Financial income | 75/76B | €246 | €138 | -€108 | -44.0% |
| Recurring financial income | 75 | €246 | €138 | -€108 | -44.0% |
| Financial charges | 65/66B | €8,541 | €9,647 | +€1,106 | +13.0% |
| Recurring financial charges | 65 | €8,541 | €9,647 | +€1,106 | +13.0% |
| Profit (loss) for the period before taxes | 9903 | €49,757 | €9,339 | -€40,419 | -81.2% |
| Income taxes | 67/77 | €6,385 | €653 | -€5,732 | -89.8% |
| Profit (loss) for the period | 9904 | €43,372 | €8,686 | -€34,687 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €43,372 | €8,686 | -€34,687 | -80.0% |
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 10 October 2026 via checked.be.