FLORIMONT: 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.
FLORIMONT
Largest movements
- Current investments -€67,602
down €67,602 (-22.5%), from €300,016 to €232,414
- Receivables within one year +€65,844
up €65,844 (+1133.7%), from €5,808 to €71,652
- Cash -€62,735
down €62,735 (-78.1%), from €80,356 to €17,621
mainly Receivables within one year (-€65,844) and Investment in fixed assets (net) (-€48,365)
- Tangible fixed assets +€32,642
up €32,642 (+9.0%), from €360,923 to €393,565
of which Land and buildings: +€35,746
- Debts after one year -€41,260
down €41,260 (-16.6%), from €247,814 to €206,554
- Other debts -€40,057
down €40,057 (-21.1%), from €189,971 to €149,914
- Reserves +€35,698
up €35,698 (+17.0%), from €209,464 to €245,162
of which Distributable reserves: +€35,000
- Tax, wage and social debts +€10,142
up €10,142 (+126.8%), from €8,000 to €18,142
- Gross operating margin -€164,288
down €164,288 (-70.7%), from €232,295 to €68,007
- Financial income +€4,831
up €4,831 (+21002.5%), from €23 to €4,854
- Taxes +€3,477
up €3,477 (+43.0%), from €8,076 to €11,553
- Depreciation +€2,798
up €2,798 (+21.6%), from €12,925 to €15,723
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 | €747,103 | €715,614 | -€31,489 | -4.2% |
| Fixed assets | 21/28 | €360,923 | €393,565 | +€32,642 | +9.0% |
| Tangible fixed assets | 22/27 | €360,923 | €393,565 | +€32,642 | +9.0% |
| Land and buildings | 22 | €330,190 | €365,936 | +€35,746 | +10.8% |
| Other tangible fixed assets | 26 | €30,733 | €27,629 | -€3,104 | -10.1% |
| Current assets | 29/58 | €386,180 | €322,050 | -€64,130 | -16.6% |
| Amounts receivable within one year | 40/41 | €5,808 | €71,652 | +€65,844 | +1133.7% |
| Trade receivables | 40 | €5,808 | €71,652 | +€65,844 | +1133.7% |
| Current investments | 50/53 | €300,016 | €232,414 | -€67,602 | -22.5% |
| Cash at bank and in hand | 54/58 | €80,356 | €17,621 | -€62,735 | -78.1% |
| Deferred charges and accrued income | 490/1 | - | €364 | +€364 | |
| Total equity and liabilities | 10/49 | €747,103 | €715,614 | -€31,489 | -4.2% |
| Equity | 10/15 | €215,728 | €253,175 | +€37,447 | +17.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €209,464 | €245,162 | +€35,698 | +17.0% |
| Tax-exempt reserves | 132 | €134,464 | €135,162 | +€698 | +0.5% |
| Distributable reserves | 133 | €75,000 | €110,000 | +€35,000 | +46.7% |
| Profit (loss) carried forward | 14 | €64 | €1,814 | +€1,750 | +2734.0% |
| Provisions and deferred taxes | 16 | €44,821 | €45,054 | +€233 | +0.5% |
| Deferred taxes | 168 | €44,821 | €45,054 | +€233 | +0.5% |
| Amounts payable | 17/49 | €486,554 | €417,385 | -€69,169 | -14.2% |
| Amounts payable after more than one year | 17 | €247,814 | €206,554 | -€41,260 | -16.6% |
| Financial debts | 170/4 | €247,814 | €206,554 | -€41,260 | -16.6% |
| Amounts payable within one year | 42/48 | €238,740 | €210,832 | -€27,908 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €40,769 | €41,261 | +€492 | +1.2% |
| Trade debts | 44 | - | €1,516 | +€1,516 | |
| Suppliers | 440/4 | - | €1,516 | +€1,516 | |
| Taxes, remuneration and social security | 45 | €8,000 | €18,142 | +€10,142 | +126.8% |
| Taxes | 450/3 | €8,000 | €18,142 | +€10,142 | +126.8% |
| Other amounts payable | 47/48 | €189,971 | €149,914 | -€40,057 | -21.1% |
| Non-recurring operating income | 76A | €179,935 | €930 | -€179,005 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,925 | €15,723 | +€2,798 | +21.6% |
| Other operating charges | 640/8 | €5,244 | €4,463 | -€781 | -14.9% |
| Gross operating margin | 9900 | €232,295 | €68,007 | -€164,288 | -70.7% |
| Operating profit (loss) | 9901 | €214,126 | €47,822 | -€166,304 | -77.7% |
| Financial income | 75/76B | €23 | €4,854 | +€4,831 | +21002.5% |
| Recurring financial income | 75 | €23 | €4,854 | +€4,831 | +21002.5% |
| Financial charges | 65/66B | €3,931 | €3,443 | -€488 | -12.4% |
| Recurring financial charges | 65 | €3,931 | €3,443 | -€488 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €210,218 | €49,232 | -€160,986 | -76.6% |
| Income taxes | 67/77 | €8,076 | €11,553 | +€3,477 | +43.0% |
| Profit (loss) for the period | 9904 | €202,142 | €37,679 | -€164,463 | -81.4% |
| Transfer to tax-exempt reserves | 689 | €179,285 | €930 | -€178,355 | -99.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,857 | €36,749 | +€13,892 | +60.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.