FLORU: 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.
FLORU
Largest movements
- Cash +€148,841
up €148,841 (+21.1%), from €704,877 to €853,718
mainly Net result for the year (+€453,466) and Current portion of long-term debt (+€200,957)
- Receivables within one year -€105,033
down €105,033 (-9.6%), from €1.1m to €985,861
of which Trade receivables: -€100,209
- Reserves +€453,502
up €453,502 (+45.6%), from €994,852 to €1.4m
of which Distributable reserves: +€243,002
- Debts after one year -€269,380
down €269,380 (-42.3%), from €637,356 to €367,976
of which Other amounts payable: -€200,000
- Current portion of long-term debt +€200,957
up €200,957 (+293.7%), from €68,423 to €269,380
- Other debts -€198,077
down €198,077 (-95.2%), from €208,077 to €10,000
- Trade debts -€181,911
down €181,911 (-21.0%), from €865,377 to €683,466
- Gross operating margin +€316,821
up €316,821 (+28.0%), from €1.1m to €1.4m
- Taxes +€75,710
up €75,710 (+106.6%), from €71,025 to €146,735
- Staff costs +€70,357
up €70,357 (+11.0%), from €638,295 to €708,652
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 | €2,945,293 | €2,947,598 | +€2,305 | +0.1% |
| Fixed assets | 21/28 | €1,008,869 | €974,934 | -€33,935 | -3.4% |
| Intangible fixed assets | 21 | €30,235 | €19,370 | -€10,866 | -35.9% |
| Tangible fixed assets | 22/27 | €978,634 | €955,564 | -€23,069 | -2.4% |
| Land and buildings | 22 | €558,530 | €509,763 | -€48,768 | -8.7% |
| Plant, machinery and equipment | 23 | €415,136 | €442,545 | +€27,408 | +6.6% |
| Furniture and vehicles | 24 | €4,967 | €3,257 | -€1,710 | -34.4% |
| Current assets | 29/58 | €1,936,424 | €1,972,664 | +€36,240 | +1.9% |
| Stocks and contracts in progress | 3 | €132,753 | €117,831 | -€14,922 | -11.2% |
| Stocks | 30/36 | €132,753 | €117,831 | -€14,922 | -11.2% |
| Amounts receivable within one year | 40/41 | €1,090,894 | €985,861 | -€105,033 | -9.6% |
| Trade receivables | 40 | €1,054,581 | €954,372 | -€100,209 | -9.5% |
| Other amounts receivable | 41 | €36,313 | €31,489 | -€4,824 | -13.3% |
| Cash at bank and in hand | 54/58 | €704,877 | €853,718 | +€148,841 | +21.1% |
| Deferred charges and accrued income | 490/1 | €7,900 | €15,254 | +€7,354 | +93.1% |
| Total equity and liabilities | 10/49 | €2,945,293 | €2,947,598 | +€2,305 | +0.1% |
| Equity | 10/15 | €1,044,446 | €1,497,947 | +€453,502 | +43.4% |
| Contributions | 10/11 | €49,594 | €49,594 | = | 0.0% |
| Reserves | 13 | €994,852 | €1,448,353 | +€453,502 | +45.6% |
| Tax-exempt reserves | 132 | €134,256 | €344,756 | +€210,500 | +156.8% |
| Distributable reserves | 133 | €860,596 | €1,103,597 | +€243,002 | +28.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,900,847 | €1,449,651 | -€451,197 | -23.7% |
| Amounts payable after more than one year | 17 | €637,356 | €367,976 | -€269,380 | -42.3% |
| Financial debts | 170/4 | €437,356 | €367,976 | -€69,380 | -15.9% |
| Other amounts payable | 178/9 | €200,000 | €0 | -€200,000 | -100.0% |
| Amounts payable within one year | 42/48 | €1,252,201 | €1,073,393 | -€178,808 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €68,423 | €269,380 | +€200,957 | +293.7% |
| Trade debts | 44 | €865,377 | €683,466 | -€181,911 | -21.0% |
| Suppliers | 440/4 | €865,377 | €683,466 | -€181,911 | -21.0% |
| Taxes, remuneration and social security | 45 | €110,325 | €110,548 | +€223 | +0.2% |
| Taxes | 450/3 | €8,522 | €18,007 | +€9,484 | +111.3% |
| Remuneration and social security | 454/9 | €101,803 | €92,541 | -€9,261 | -9.1% |
| Other amounts payable | 47/48 | €208,077 | €10,000 | -€198,077 | -95.2% |
| Accrued charges and deferred income | 492/3 | €11,290 | €8,281 | -€3,009 | -26.7% |
| Non-recurring operating income | 76A | - | €352 | +€352 | |
| Remuneration, social security and pensions | 62 | €638,295 | €708,652 | +€70,357 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,538 | €107,955 | +€3,417 | +3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€11,449 | -€11,449 | |
| Other operating charges | 640/8 | €20,135 | €20,558 | +€423 | +2.1% |
| Non-recurring operating charges | 66A | - | -€2,605 | -€2,605 | |
| Gross operating margin | 9900 | €1,130,303 | €1,447,124 | +€316,821 | +28.0% |
| Operating profit (loss) | 9901 | €367,336 | €624,014 | +€256,678 | +69.9% |
| Financial income | 75/76B | €8,395 | €171 | -€8,224 | -98.0% |
| Recurring financial income | 75 | €8,395 | €171 | -€8,224 | -98.0% |
| Financial charges | 65/66B | €25,822 | €23,983 | -€1,839 | -7.1% |
| Recurring financial charges | 65 | €25,822 | €23,983 | -€1,839 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €349,909 | €600,202 | +€250,293 | +71.5% |
| Income taxes | 67/77 | €71,025 | €146,735 | +€75,710 | +106.6% |
| Profit (loss) for the period | 9904 | €278,884 | €453,466 | +€174,583 | +62.6% |
| Transfer to tax-exempt reserves | 689 | €105,250 | €210,500 | +€105,250 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €173,634 | €242,966 | +€69,333 | +39.9% |
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 29 September 2026 via checked.be.