FLOYD: 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.
FLOYD
Largest movements
- Receivables within one year +€18,779
up €18,779 (+116.6%), from €16,112 to €34,891
of which Trade receivables: +€20,156
- Tangible fixed assets +€10,069
up €10,069 (+1420.2%), from €709 to €10,778
of which Furniture and vehicles: +€5,333
- Cash -€4,186
down €4,186 (-46.9%), from €8,930 to €4,744
mainly Receivables within one year (-€18,779) and Investment in fixed assets (net) (-€14,216)
- Profit (loss) carried forward +€17,846
up €17,846 (+1713.8%), from €1,041 to €18,888
- Debts after one year +€4,367
new in 2024: €4,367
- Tax, wage and social debts +€3,240
up €3,240 (+437.7%), from €740 to €3,980
- Trade debts -€791
down €791 (-33.1%), from €2,391 to €1,600
- Gross operating margin +€19,685
up €19,685 (+170.9%), from €11,520 to €31,205
- Depreciation +€3,806
up €3,806 (+1118.3%), from €340 to €4,146
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.
Cash bridge derived
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 | €27,551 | €52,214 | +€24,663 | +89.5% |
| Fixed assets | 21/28 | €2,509 | €12,578 | +€10,069 | +401.3% |
| Tangible fixed assets | 22/27 | €709 | €10,778 | +€10,069 | +1420.2% |
| Plant, machinery and equipment | 23 | €709 | €5,446 | +€4,737 | +668.0% |
| Furniture and vehicles | 24 | - | €5,333 | +€5,333 | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €25,042 | €39,636 | +€14,593 | +58.3% |
| Amounts receivable within one year | 40/41 | €16,112 | €34,891 | +€18,779 | +116.6% |
| Trade receivables | 40 | €13,197 | €33,353 | +€20,156 | +152.7% |
| Other amounts receivable | 41 | €2,915 | €1,539 | -€1,376 | -47.2% |
| Cash at bank and in hand | 54/58 | €8,930 | €4,744 | -€4,186 | -46.9% |
| Total equity and liabilities | 10/49 | €27,551 | €52,214 | +€24,663 | +89.5% |
| Equity | 10/15 | €24,420 | €42,267 | +€17,846 | +73.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €17,179 | €17,179 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,319 | €15,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,041 | €18,888 | +€17,846 | +1713.8% |
| Amounts payable | 17/49 | €3,131 | €9,947 | +€6,816 | +217.7% |
| Amounts payable after more than one year | 17 | - | €4,367 | +€4,367 | |
| Financial debts | 170/4 | - | €4,367 | +€4,367 | |
| Amounts payable within one year | 42/48 | €3,131 | €5,580 | +€2,449 | +78.2% |
| Trade debts | 44 | €2,391 | €1,600 | -€791 | -33.1% |
| Suppliers | 440/4 | €2,391 | €1,600 | -€791 | -33.1% |
| Taxes, remuneration and social security | 45 | €740 | €3,980 | +€3,240 | +437.7% |
| Taxes | 450/3 | €740 | €3,980 | +€3,240 | +437.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340 | €4,146 | +€3,806 | +1118.3% |
| Other operating charges | 640/8 | €915 | €847 | -€68 | -7.4% |
| Non-recurring operating charges | 66A | - | €6,958 | +€6,958 | |
| Gross operating margin | 9900 | €11,520 | €31,205 | +€19,685 | +170.9% |
| Operating profit (loss) | 9901 | €10,265 | €19,254 | +€8,989 | +87.6% |
| Financial income | 75/76B | €102 | €3 | -€99 | -97.0% |
| Recurring financial income | 75 | €102 | €3 | -€99 | -97.0% |
| Financial charges | 65/66B | €1,416 | €1,411 | -€5 | -0.3% |
| Recurring financial charges | 65 | €1,416 | €1,411 | -€5 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €8,951 | €17,846 | +€8,896 | +99.4% |
| Profit (loss) for the period | 9904 | €8,951 | €17,846 | +€8,896 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,951 | €17,846 | +€8,896 | +99.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.