FLORIO: 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.
FLORIO
Largest movements
- Current investments +€1.5m
new in 2025: €1.5m
- Cash +€37,454
up €37,454 (+81.7%), from €45,855 to €83,309
mainly Net result for the year (+€1.4m) and Tax, wage and social debts (+€150,733)
- Reserves +€1.3m
up €1.3m (+1,949%), from €68,907 to €1.4m
of which Distributable reserves: +€1.3m
- Tax, wage and social debts +€150,733
up €150,733 (+1,345%), from €11,211 to €161,943
- Financial income +€1.5m
up €1.5m (+14,999,999,900%), from €0 to €1.5m
- Taxes +€136,005
new in 2025: €136,005
- Financial charges +€4,949
up €4,949 (+5.7%), from €86,695 to €91,644
of which Financial charges: +€4,716
- Gross operating margin -€1,163
down €1,163 (-1.2%), from €99,072 to €97,909
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 | €595,082 | €2,099,719 | +€1.5m | +253% |
| Fixed assets | 21/28 | €469,215 | €459,160 | -€10,054 | -2.1% |
| Tangible fixed assets | 22/27 | €24,215 | €14,160 | -€10,054 | -41.5% |
| Land and buildings | 22 | €828 | €621 | -€207 | -25.0% |
| Plant, machinery and equipment | 23 | €611 | €322 | -€289 | -47.3% |
| Furniture and vehicles | 24 | €22,776 | €13,217 | -€9,559 | -42.0% |
| Financial fixed assets | 28 | €445,000 | €445,000 | = | 0.0% |
| Current assets | 29/58 | €125,868 | €1,640,559 | +€1.5m | +1,203% |
| Amounts receivable within one year | 40/41 | €80,000 | €80,448 | +€448 | +0.6% |
| Trade receivables | 40 | €80,000 | €79,137 | -€863 | -1.1% |
| Other amounts receivable | 41 | - | €1,311 | +€1,311 | |
| Current investments | 50/53 | - | €1,476,786 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €45,855 | €83,309 | +€37,454 | +81.7% |
| Deferred charges and accrued income | 490/1 | €13 | €16 | +€3 | +23.3% |
| Total equity and liabilities | 10/49 | €595,082 | €2,099,719 | +€1.5m | +253% |
| Equity | 10/15 | €496,869 | €1,856,702 | +€1.4m | +274% |
| Contributions | 10/11 | €445,000 | €445,000 | = | 0.0% |
| Reserves | 13 | €68,907 | €1,411,702 | +€1.3m | +1,949% |
| Non-distributable reserves | 130/1 | €610 | €610 | = | 0.0% |
| Reserves not available under the articles | 1311 | €610 | €610 | = | 0.0% |
| Distributable reserves | 133 | €68,297 | €1,411,092 | +€1.3m | +1,966% |
| Profit (loss) carried forward | 14 | -€17,037 | - | +€17,037 | |
| Amounts payable | 17/49 | €98,213 | €243,017 | +€144,804 | +147% |
| Amounts payable within one year | 42/48 | €98,213 | €243,017 | +€144,804 | +147% |
| Trade debts | 44 | €675 | - | -€675 | |
| Suppliers | 440/4 | €675 | - | -€675 | |
| Taxes, remuneration and social security | 45 | €11,211 | €161,943 | +€150,733 | +1,345% |
| Taxes | 450/3 | €11,211 | €161,943 | +€150,733 | +1,345% |
| Other amounts payable | 47/48 | €86,327 | €81,073 | -€5,254 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,216 | €10,054 | -€162 | -1.6% |
| Other operating charges | 640/8 | €368 | €372 | +€5 | +1.2% |
| Gross operating margin | 9900 | €99,072 | €97,909 | -€1,163 | -1.2% |
| Operating profit (loss) | 9901 | €88,488 | €87,482 | -€1,006 | -1.1% |
| Financial income | 75/76B | €0 | €1,500,000 | +€1.5m | +14,999,999,900% |
| Recurring financial income | 75 | €0 | €1,500,000 | +€1.5m | +14,999,999,900% |
| Financial charges | 65/66B | €86,695 | €91,644 | +€4,949 | +5.7% |
| Recurring financial charges | 65 | €86,427 | €91,143 | +€4,716 | +5.5% |
| Non-recurring financial charges | 66B | €268 | €501 | +€233 | +87.0% |
| Profit (loss) for the period before taxes | 9903 | €1,793 | €1,495,838 | +€1.5m | +83,317% |
| Income taxes | 67/77 | - | €136,005 | +€136,005 | |
| Profit (loss) for the period | 9904 | €1,793 | €1,359,833 | +€1.4m | +75,732% |
| Profit (loss) for the period to be appropriated | 9905 | €1,793 | €1,359,833 | +€1.4m | +75,732% |
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 21 October 2026 via checked.be.