FLORIS: 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.
What changed
FLORIS
NACE 46.220, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€246,710
2024 · -€792,063+€545,353
Equity
-€387,896
2024 · -€100,460-€287,436
Cash
€102,198
2024 · €87,466+€14,732
Balance sheet total
€14.7m
2024 · €13.8m+€939,246
Largest movements
Assets
- Receivables within one year +€1.4m
up €1.4m (+18.4%), from €7.4m to €8.8m
of which Trade receivables: +€1.5m
- Tangible fixed assets -€244,904
down €244,904 (-8.5%), from €2.9m to €2.6m
of which Land and buildings: -€340,919
- Stocks and contracts -€194,471
down €194,471 (-5.8%), from €3.4m to €3.2m
Equity and liabilities
- Trade debts +€810,822
up €810,822 (+6.6%), from €12.3m to €13.1m
- Short-term financial debts +€398,403
new in 2025: €398,403
- Profit (loss) carried forward -€246,710
down €246,710 (-32.3%), from -€764,767 to -€1.0m
Income statement
- Turnover -€3.7m
down €3.7m (-6.1%), from €59.9m to €56.2m
- Goods and materials -€3.5m
down €3.5m (-6.9%), from €50.6m to €47.1m
of which Purchases: -€3.5m
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.
Result 2024
-€792,063
Turnover
-€3.7m
Other operating income
-€36,391
Goods and materials
+€3.5m
Services and other goods
+€382,537
Staff costs
+€252,033
Depreciation
+€3,167
Write-downs
+€56,541
Other operating charges
+€21,401
Financial income
+€25,559
Financial charges
-€1,699
Taxes
+€626
Result 2025
-€246,710
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.
From operations
-€126,784
Investment
-€272,085
Financing
+€413,601
Cash 2024
€87,466
From operations (derived)
-€126,784
Net result for the year
-€246,710
Depreciation
+€516,989
Stocks and contracts
+€194,471
Receivables within one year
-€1.4m
Smaller working-capital items
+€621
Trade debts
+€810,822
Tax, wage and social debts
-€27,677
Other debts
-€10,612
Investment (derived)
-€272,085
Investment in fixed assets (net)
-€272,085
Financing
+€413,601
Debts after one year
+€26,980
Current portion of long-term debt
+€28,944
Short-term financial debts
+€398,403
Contributions, distributions and other
-€40,726
Cash 2025
€102,198
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,754,094 | €14,693,341 | +€939,246 | +6.8% |
| Fixed assets | 21/28 | €2,864,886 | €2,619,983 | -€244,904 | -8.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,864,886 | €2,619,983 | -€244,904 | -8.5% |
| Land and buildings | 22 | €2,497,411 | €2,156,492 | -€340,919 | -13.7% |
| Plant, machinery and equipment | 23 | €328,209 | €422,590 | +€94,381 | +28.8% |
| Furniture and vehicles | 24 | €13,362 | €7,238 | -€6,124 | -45.8% |
| Leasing and similar rights | 25 | €25,904 | €14,391 | -€11,513 | -44.4% |
| Other tangible fixed assets | 26 | - | €19,271 | +€19,271 | |
| Current assets | 29/58 | €10,889,208 | €12,073,358 | +€1.2m | +10.9% |
| Stocks and contracts in progress | 3 | €3,367,154 | €3,172,684 | -€194,471 | -5.8% |
| Stocks | 30/36 | €3,367,154 | €3,172,684 | -€194,471 | -5.8% |
| Goods purchased for resale | 34 | €3,367,154 | €3,172,684 | -€194,471 | -5.8% |
| Amounts receivable within one year | 40/41 | €7,429,946 | €8,794,635 | +€1.4m | +18.4% |
| Trade receivables | 40 | €2,691,209 | €4,240,554 | +€1.5m | +57.6% |
| Other amounts receivable | 41 | €4,738,737 | €4,554,081 | -€184,656 | -3.9% |
| Current investments | 50/53 | €50 | €50 | = | 0.0% |
| Other investments | 51/53 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €87,466 | €102,198 | +€14,732 | +16.8% |
| Deferred charges and accrued income | 490/1 | €4,591 | €3,792 | -€799 | -17.4% |
| Total equity and liabilities | 10/49 | €13,754,094 | €14,693,341 | +€939,246 | +6.8% |
| Equity | 10/15 | -€100,460 | -€387,896 | -€287,436 | -286.1% |
| Contributions | 10/11 | €453,947 | €453,947 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€764,767 | -€1,011,477 | -€246,710 | -32.3% |
| Investment grants | 15 | €210,360 | €169,634 | -€40,726 | -19.4% |
| Amounts payable | 17/49 | €13,854,554 | €15,081,237 | +€1.2m | +8.9% |
| Amounts payable after more than one year | 17 | €173,081 | €200,061 | +€26,980 | +15.6% |
| Financial debts | 170/4 | €173,081 | €200,061 | +€26,980 | +15.6% |
| Leasing and similar obligations | 172 | €14,682 | €2,952 | -€11,730 | -79.9% |
| Credit institutions | 173 | €158,398 | €197,108 | +€38,710 | +24.4% |
| Amounts payable within one year | 42/48 | €13,679,974 | €14,879,855 | +€1.2m | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €79,536 | €108,480 | +€28,944 | +36.4% |
| Financial debts | 43 | - | €398,403 | +€398,403 | |
| Credit institutions | 430/8 | - | €398,403 | +€398,403 | |
| Trade debts | 44 | €12,285,472 | €13,096,294 | +€810,822 | +6.6% |
| Suppliers | 440/4 | €12,285,472 | €13,096,294 | +€810,822 | +6.6% |
| Taxes, remuneration and social security | 45 | €700,749 | €673,072 | -€27,677 | -3.9% |
| Taxes | 450/3 | €276,429 | €313,024 | +€36,595 | +13.2% |
| Remuneration and social security | 454/9 | €424,320 | €360,048 | -€64,272 | -15.1% |
| Other amounts payable | 47/48 | €614,217 | €603,605 | -€10,612 | -1.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,322 | -€178 | -11.9% |
| Operating income | 70/76A | €59,948,792 | €56,247,543 | -€3.7m | -6.2% |
| Turnover | 70 | €59,864,090 | €56,199,232 | -€3.7m | -6.1% |
| Other operating income | 74 | €84,702 | €48,311 | -€36,391 | -43.0% |
| Operating charges | 60/66A | €60,763,886 | €56,541,770 | -€4.2m | -6.9% |
| Goods for resale, raw materials and consumables | 60 | €50,643,501 | €47,137,065 | -€3.5m | -6.9% |
| Purchases | 600/8 | €50,467,851 | €46,942,594 | -€3.5m | -7.0% |
| Change in stocks: decrease (increase) | 609 | €175,650 | €194,471 | +€18,821 | +10.7% |
| Services and other goods | 61 | €5,800,360 | €5,417,823 | -€382,537 | -6.6% |
| Remuneration, social security and pensions | 62 | €3,478,307 | €3,226,274 | -€252,033 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €520,156 | €516,989 | -€3,167 | -0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €78,624 | €22,083 | -€56,541 | -71.9% |
| Other operating charges | 640/8 | €242,939 | €221,538 | -€21,401 | -8.8% |
| Operating profit (loss) | 9901 | -€815,094 | -€294,227 | +€520,867 | +63.9% |
| Financial income | 75/76B | €156,700 | €182,259 | +€25,559 | +16.3% |
| Recurring financial income | 75 | €156,700 | €182,259 | +€25,559 | +16.3% |
| Income from financial fixed assets | 750 | €261 | €0 | -€261 | -100.0% |
| Income from current assets | 751 | €97,790 | €120,327 | +€22,537 | +23.0% |
| Other financial income | 752/9 | €58,649 | €61,932 | +€3,283 | +5.6% |
| Financial charges | 65/66B | €129,021 | €130,720 | +€1,699 | +1.3% |
| Recurring financial charges | 65 | €129,021 | €130,720 | +€1,699 | +1.3% |
| Debt charges | 650 | €46,570 | €67,147 | +€20,577 | +44.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €6,766 | -€6,766 | -€13,531 | |
| Other financial charges | 652/9 | €75,685 | €70,338 | -€5,347 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€787,415 | -€242,688 | +€544,727 | +69.2% |
| Income taxes | 67/77 | €4,648 | €4,022 | -€626 | -13.5% |
| Taxes | 670/3 | €4,648 | €4,022 | -€626 | -13.5% |
| Profit (loss) for the period | 9904 | -€792,063 | -€246,710 | +€545,353 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€792,063 | -€246,710 | +€545,353 | +68.9% |
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 5 October 2026 via checked.be.