FLOVERI: 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.
FLOVERI
Largest movements
- Tangible fixed assets +€320,601
up €320,601 (+74.2%), from €432,262 to €752,863
of which Land and buildings: +€319,132
- Cash +€87,630
up €87,630 (+1,880%), from €4,662 to €92,292
mainly Debts after one year (+€313,029) and Current investments (+€77,153)
- Current investments -€77,153
down €77,153 (-39.8%), from €193,936 to €116,783
- Receivables within one year +€37,693
up €37,693 (+97.6%), from €38,604 to €76,297
of which Trade receivables: +€33,677
- Debts after one year +€313,029
up €313,029 (+130%), from €239,962 to €552,991
- Reserves +€26,473
up €26,473 (+10.6%), from €249,706 to €276,180
of which Distributable reserves: +€26,473
- Trade debts +€23,449
up €23,449 (+80.2%), from €29,237 to €52,686
- Tax, wage and social debts +€12,318
up €12,318 (+31.8%), from €38,755 to €51,073
- Financial income +€26,660
up €26,660 (+1,190%), from €2,241 to €28,901
of which Non-recurring financial income: +€27,093
- Depreciation +€9,884
up €9,884 (+28.2%), from €35,017 to €44,901
- Gross operating margin -€9,800
down €9,800 (-11.7%), from €83,433 to €73,633
- Financial charges +€7,572
up €7,572 (+66.9%), from €11,319 to €18,892
- Taxes -€2,015
down €2,015 (-19.3%), from €10,452 to €8,437
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 | €671,873 | €1,042,805 | +€370,932 | +55.2% |
| Fixed assets | 21/28 | €432,262 | €752,863 | +€320,601 | +74.2% |
| Tangible fixed assets | 22/27 | €432,262 | €752,863 | +€320,601 | +74.2% |
| Land and buildings | 22 | €414,424 | €733,556 | +€319,132 | +77.0% |
| Plant, machinery and equipment | 23 | €5,761 | €3,363 | -€2,399 | -41.6% |
| Furniture and vehicles | 24 | €12,077 | €15,945 | +€3,868 | +32.0% |
| Current assets | 29/58 | €239,611 | €289,942 | +€50,331 | +21.0% |
| Amounts receivable within one year | 40/41 | €38,604 | €76,297 | +€37,693 | +97.6% |
| Trade receivables | 40 | €38,454 | €72,131 | +€33,677 | +87.6% |
| Other amounts receivable | 41 | €150 | €4,166 | +€4,016 | +2,679% |
| Current investments | 50/53 | €193,936 | €116,783 | -€77,153 | -39.8% |
| Cash at bank and in hand | 54/58 | €4,662 | €92,292 | +€87,630 | +1,880% |
| Deferred charges and accrued income | 490/1 | €2,410 | €4,570 | +€2,161 | +89.7% |
| Total equity and liabilities | 10/49 | €671,873 | €1,042,805 | +€370,932 | +55.2% |
| Equity | 10/15 | €268,306 | €294,780 | +€26,473 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €249,706 | €276,180 | +€26,473 | +10.6% |
| Tax-exempt reserves | 132 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €236,206 | €262,680 | +€26,473 | +11.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €403,567 | €748,025 | +€344,459 | +85.4% |
| Amounts payable after more than one year | 17 | €239,962 | €552,991 | +€313,029 | +130% |
| Financial debts | 170/4 | €239,962 | €552,991 | +€313,029 | +130% |
| Amounts payable within one year | 42/48 | €163,220 | €195,034 | +€31,814 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €21,584 | €21,895 | +€311 | +1.4% |
| Trade debts | 44 | €29,237 | €52,686 | +€23,449 | +80.2% |
| Suppliers | 440/4 | €29,237 | €52,686 | +€23,449 | +80.2% |
| Taxes, remuneration and social security | 45 | €38,755 | €51,073 | +€12,318 | +31.8% |
| Taxes | 450/3 | €38,755 | €51,073 | +€12,318 | +31.8% |
| Other amounts payable | 47/48 | €73,643 | €69,379 | -€4,264 | -5.8% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,017 | €44,901 | +€9,884 | +28.2% |
| Other operating charges | 640/8 | €339 | €475 | +€136 | +40.1% |
| Non-recurring operating charges | 66A | - | €857 | +€857 | |
| Gross operating margin | 9900 | €83,433 | €73,633 | -€9,800 | -11.7% |
| Operating profit (loss) | 9901 | €48,078 | €27,401 | -€20,677 | -43.0% |
| Financial income | 75/76B | €2,241 | €28,901 | +€26,660 | +1,190% |
| Recurring financial income | 75 | €2,241 | €1,808 | -€433 | -19.3% |
| Non-recurring financial income | 76B | - | €27,093 | +€27,093 | |
| Financial charges | 65/66B | €11,319 | €18,892 | +€7,572 | +66.9% |
| Recurring financial charges | 65 | €11,319 | €18,892 | +€7,572 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | €38,999 | €37,410 | -€1,589 | -4.1% |
| Income taxes | 67/77 | €10,452 | €8,437 | -€2,015 | -19.3% |
| Profit (loss) for the period | 9904 | €28,547 | €28,973 | +€427 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,547 | €28,973 | +€427 | +1.5% |
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 28 October 2026 via checked.be.