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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.

What changed

FLOYD

BE 0879.317.668
NACE 93.110, Operation of sports facilities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€33,194
2023 · €31,997+€1,197
Equity
€112,602
2023 · €79,408+€33,194
Cash
€193,521
2023 · €122,569+€70,952
Balance sheet total
€200,300
2023 · €143,801+€56,499

Largest movements

2023 to 2024
Assets
  • Cash +€70,952

    up €70,952 (+57.9%), from €122,569 to €193,521

    mainly Other debts (+€34,573) and Net result for the year (+€33,194)

  • Receivables within one year -€13,791

    down €13,791 (-74.3%), from €18,560 to €4,769

    of which Trade receivables: -€11,500

Equity and liabilities
  • Other debts +€34,573

    up €34,573 (+94.7%), from €36,490 to €71,063

  • Reserves +€33,194

    up €33,194 (+59.0%), from €56,230 to €89,424

    of which Distributable reserves: +€33,194

  • Tax, wage and social debts -€5,688

    down €5,688 (-33.3%), from €17,086 to €11,398

  • Trade debts -€5,580

    down €5,580 (-51.6%), from €10,817 to €5,237

Income statement
  • Gross operating margin -€23,594

    down €23,594 (-23.8%), from €99,105 to €75,511

  • Financial charges -€21,020

    down €21,020 (-43.5%), from €48,336 to €27,316

  • Other operating charges -€2,586

    down €2,586 (-76.6%), from €3,374 to €788

From the 2023 result to the 2024 result

effect on the 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 2023 €31,997
Gross operating margin -€23,594
Depreciation +€518
Other operating charges +€2,586
Financial charges +€21,020
Taxes +€667
Result 2024 €33,194

Cash bridge derived

cash 2023 to 2024

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.

From operations +€70,952
Investment €0
Financing €0
Cash 2023 €122,569
Net result for the year +€33,194
Depreciation +€662
Receivables within one year +€13,791
Trade debts -€5,580
Tax, wage and social debts -€5,688
Other debts +€34,573
Cash 2024 €193,521
Every line side by side 38 lines
Line Code 2023 2024 Change %
Total assets 20/58 €143,801 €200,300 +€56,499 +39.3%
Fixed assets 21/28 €2,672 €2,010 -€662 -24.8%
Tangible fixed assets 22/27 €2,612 €1,950 -€662 -25.3%
Furniture and vehicles 24 €2,612 €1,950 -€662 -25.3%
Financial fixed assets 28 €60 €60 = 0.0%
Current assets 29/58 €141,129 €198,290 +€57,161 +40.5%
Amounts receivable within one year 40/41 €18,560 €4,769 -€13,791 -74.3%
Trade receivables 40 €11,500 - -€11,500
Other amounts receivable 41 €7,060 €4,769 -€2,291 -32.5%
Cash at bank and in hand 54/58 €122,569 €193,521 +€70,952 +57.9%
Total equity and liabilities 10/49 €143,801 €200,300 +€56,499 +39.3%
Equity 10/15 €79,408 €112,602 +€33,194 +41.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 €18,600 - -€18,600
Issued capital 100 €18,600 - -€18,600
Reserves 13 €56,230 €89,424 +€33,194 +59.0%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Legal reserve 130 €1,860 - -€1,860
Reserves not available under the articles 1311 - €1,860 +€1,860
Distributable reserves 133 €54,370 €87,564 +€33,194 +61.1%
Profit (loss) carried forward 14 €4,578 €4,578 = 0.0%
Amounts payable 17/49 €64,393 €87,698 +€23,305 +36.2%
Amounts payable within one year 42/48 €64,393 €87,698 +€23,305 +36.2%
Trade debts 44 €10,817 €5,237 -€5,580 -51.6%
Suppliers 440/4 €10,817 €5,237 -€5,580 -51.6%
Taxes, remuneration and social security 45 €17,086 €11,398 -€5,688 -33.3%
Taxes 450/3 €17,086 €11,398 -€5,688 -33.3%
Other amounts payable 47/48 €36,490 €71,063 +€34,573 +94.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,180 €662 -€518 -43.9%
Other operating charges 640/8 €3,374 €788 -€2,586 -76.6%
Gross operating margin 9900 €99,105 €75,511 -€23,594 -23.8%
Operating profit (loss) 9901 €94,551 €74,061 -€20,490 -21.7%
Financial charges 65/66B €48,336 €27,316 -€21,020 -43.5%
Recurring financial charges 65 €48,336 €27,316 -€21,020 -43.5%
Profit (loss) for the period before taxes 9903 €46,215 €46,745 +€530 +1.1%
Income taxes 67/77 €14,218 €13,551 -€667 -4.7%
Profit (loss) for the period 9904 €31,997 €33,194 +€1,197 +3.7%
Profit (loss) for the period to be appropriated 9905 €31,997 €33,194 +€1,197 +3.7%

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.