FLORIO KINE: 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 KINE
Largest movements
- Cash +€74,669
up €74,669 (+119%), from €62,514 to €137,182
mainly Other debts (+€118,567) and Net result for the year (+€47,387)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Receivables within one year +€4,752
up €4,752 (+796%), from €597 to €5,349
of which Other amounts receivable: +€3,787
- Tangible fixed assets -€4,199
down €4,199 (-39.0%), from €10,771 to €6,572
- Other debts +€118,567
up €118,567 (+4,223%), from €2,808 to €121,375
- Profit (loss) carried forward -€72,613
down €72,613 (-75.1%), from €96,696 to €24,083
- Tax, wage and social debts -€5,961
no longer reported in 2025 (was €5,961)
- Current portion of long-term debt -€4,435
no longer reported in 2025 (was €4,435)
- Gross operating margin +€10,720
up €10,720 (+18.5%), from €57,882 to €68,602
- Taxes +€1,815
up €1,815 (+15.6%), from €11,637 to €13,452
- Other operating charges +€1,049
up €1,049 (+706%), from €149 to €1,198
- Financial income +€896
up €896 (+274%), from €327 to €1,223
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 | €115,301 | €150,458 | +€35,156 | +30.5% |
| Fixed assets | 21/28 | €10,831 | €6,632 | -€4,199 | -38.8% |
| Tangible fixed assets | 22/27 | €10,771 | €6,572 | -€4,199 | -39.0% |
| Furniture and vehicles | 24 | €10,771 | €6,572 | -€4,199 | -39.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €104,470 | €143,825 | +€39,355 | +37.7% |
| Amounts receivable within one year | 40/41 | €597 | €5,349 | +€4,752 | +796% |
| Trade receivables | 40 | - | €965 | +€965 | |
| Other amounts receivable | 41 | €597 | €4,384 | +€3,787 | +634% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €62,514 | €137,182 | +€74,669 | +119% |
| Deferred charges and accrued income | 490/1 | €1,360 | €1,294 | -€66 | -4.9% |
| Total equity and liabilities | 10/49 | €115,301 | €150,458 | +€35,156 | +30.5% |
| Equity | 10/15 | €101,696 | €29,083 | -€72,613 | -71.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,696 | €24,083 | -€72,613 | -75.1% |
| Amounts payable | 17/49 | €13,605 | €121,375 | +€107,770 | +792% |
| Amounts payable within one year | 42/48 | €13,605 | €121,375 | +€107,770 | +792% |
| Current portion of amounts payable after more than one year | 42 | €4,435 | - | -€4,435 | |
| Trade debts | 44 | €402 | - | -€402 | |
| Suppliers | 440/4 | €402 | - | -€402 | |
| Taxes, remuneration and social security | 45 | €5,961 | - | -€5,961 | |
| Taxes | 450/3 | €5,961 | - | -€5,961 | |
| Other amounts payable | 47/48 | €2,808 | €121,375 | +€118,567 | +4,223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,126 | €7,401 | +€275 | +3.9% |
| Other operating charges | 640/8 | €149 | €1,198 | +€1,049 | +706% |
| Gross operating margin | 9900 | €57,882 | €68,602 | +€10,720 | +18.5% |
| Operating profit (loss) | 9901 | €50,608 | €60,003 | +€9,396 | +18.6% |
| Financial income | 75/76B | €327 | €1,223 | +€896 | +274% |
| Recurring financial income | 75 | €327 | €1,223 | +€896 | +274% |
| Financial charges | 65/66B | €390 | €388 | -€3 | -0.7% |
| Recurring financial charges | 65 | €390 | €388 | -€3 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €50,545 | €60,839 | +€10,295 | +20.4% |
| Income taxes | 67/77 | €11,637 | €13,452 | +€1,815 | +15.6% |
| Profit (loss) for the period | 9904 | €38,908 | €47,387 | +€8,479 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,908 | €47,387 | +€8,479 | +21.8% |
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 14 October 2026 via checked.be.