FLORIVAL: 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.
FLORIVAL
Largest movements
- Cash -€16,236
down €16,236 (-55.7%), from €29,131 to €12,896
mainly Net result for the year (-€21,475) and Other debts (-€10,786)
- Tangible fixed assets -€10,035
down €10,035 (-13.6%), from €73,726 to €63,691
- Deferred charges and accrued income -€1,973
down €1,973 (-96.4%), from €2,047 to €75
- Receivables within one year -€1,746
down €1,746 (-4.6%), from €38,358 to €36,611
of which Trade receivables: -€1,053
- Profit (loss) carried forward -€21,475
down €21,475 (-15.0%), from -€143,547 to -€165,023
- Other debts -€10,786
down €10,786 (-8.8%), from €123,095 to €112,309
- Trade debts +€2,442
up €2,442 (+5.6%), from €43,990 to €46,432
- Depreciation -€7,756
down €7,756 (-43.6%), from €17,791 to €10,035
- Gross operating margin -€6,925
down €6,925 (-12.9%), from €53,865 to €46,940
- Financial charges +€962
up €962 (+38.0%), from €2,529 to €3,491
- Financial income +€708
up €708 (+376%), from €188 to €897
- Staff costs +€587
up €587 (+1.2%), from €49,524 to €50,111
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,213 | €119,398 | -€28,815 | -19.4% |
| Fixed assets | 21/28 | €73,726 | €63,691 | -€10,035 | -13.6% |
| Tangible fixed assets | 22/27 | €73,726 | €63,691 | -€10,035 | -13.6% |
| Land and buildings | 22 | €62,629 | €58,065 | -€4,564 | -7.3% |
| Furniture and vehicles | 24 | €9,478 | €4,969 | -€4,509 | -47.6% |
| Other tangible fixed assets | 26 | €1,619 | €656 | -€962 | -59.4% |
| Current assets | 29/58 | €74,487 | €55,707 | -€18,780 | -25.2% |
| Stocks and contracts in progress | 3 | €4,950 | €6,126 | +€1,175 | +23.7% |
| Stocks | 30/36 | €4,950 | €6,126 | +€1,175 | +23.7% |
| Amounts receivable within one year | 40/41 | €38,358 | €36,611 | -€1,746 | -4.6% |
| Trade receivables | 40 | €34,871 | €33,819 | -€1,053 | -3.0% |
| Other amounts receivable | 41 | €3,486 | €2,793 | -€694 | -19.9% |
| Cash at bank and in hand | 54/58 | €29,131 | €12,896 | -€16,236 | -55.7% |
| Deferred charges and accrued income | 490/1 | €2,047 | €75 | -€1,973 | -96.4% |
| Total equity and liabilities | 10/49 | €148,213 | €119,398 | -€28,815 | -19.4% |
| Equity | 10/15 | -€31,944 | -€53,419 | -€21,475 | -67.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €93,011 | €93,011 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €91,152 | €91,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,547 | -€165,023 | -€21,475 | -15.0% |
| Amounts payable | 17/49 | €180,157 | €172,817 | -€7,340 | -4.1% |
| Amounts payable within one year | 42/48 | €180,157 | €172,817 | -€7,340 | -4.1% |
| Trade debts | 44 | €43,990 | €46,432 | +€2,442 | +5.6% |
| Suppliers | 440/4 | €43,990 | €46,432 | +€2,442 | +5.6% |
| Advances received on contracts in progress | 46 | €6,802 | €6,802 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,270 | €7,274 | +€1,004 | +16.0% |
| Taxes | 450/3 | €3,781 | €4,416 | +€634 | +16.8% |
| Remuneration and social security | 454/9 | €2,488 | €2,858 | +€370 | +14.9% |
| Other amounts payable | 47/48 | €123,095 | €112,309 | -€10,786 | -8.8% |
| Remuneration, social security and pensions | 62 | €49,524 | €50,111 | +€587 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,791 | €10,035 | -€7,756 | -43.6% |
| Other operating charges | 640/8 | €4,176 | €4,649 | +€473 | +11.3% |
| Gross operating margin | 9900 | €53,865 | €46,940 | -€6,925 | -12.9% |
| Operating profit (loss) | 9901 | -€17,627 | -€17,856 | -€229 | -1.3% |
| Financial income | 75/76B | €188 | €897 | +€708 | +376% |
| Recurring financial income | 75 | €188 | €897 | +€708 | +376% |
| Financial charges | 65/66B | €2,529 | €3,491 | +€962 | +38.0% |
| Recurring financial charges | 65 | €2,529 | €3,491 | +€962 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,968 | -€20,451 | -€483 | -2.4% |
| Income taxes | 67/77 | €589 | €1,025 | +€435 | +73.9% |
| Profit (loss) for the period | 9904 | -€20,557 | -€21,475 | -€918 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,557 | -€21,475 | -€918 | -4.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.