FLUORESCENCE: 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.
FLUORESCENCE
Largest movements
- Stocks and contracts -€205,365
no longer reported in 2025 (was €205,365)
- Tangible fixed assets -€48,996
down €48,996 (-12.5%), from €392,622 to €343,626
of which Land and buildings: -€26,099
- Cash -€29,073
down €29,073 (-85.0%), from €34,213 to €5,140
mainly Net result for the year (-€200,163) and Tax, wage and social debts (-€64,965)
- Current investments -€10,837
down €10,837 (-7.5%), from €145,118 to €134,281
- Profit (loss) carried forward -€200,163
down €200,163 (-37.9%), from €527,536 to €327,373
- Tax, wage and social debts -€64,965
down €64,965 (-98.9%), from €65,659 to €693
of which Taxes: -€46,330
- Trade debts -€17,472
down €17,472 (-90.1%), from €19,391 to €1,919
- Other debts -€13,450
down €13,450 (-12.4%), from €108,151 to €94,701
- Turnover -€1.2m
no longer reported in 2025 (was €1.2m)
- Purchases and services -€1.1m
no longer reported in 2025 (was €1.1m)
- Gross operating margin -€273,516
down €273,516, from €210,319 to -€63,197
- Staff costs -€76,430
down €76,430 (-51.0%), from €149,829 to €73,400
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 | €780,768 | €484,806 | -€295,962 | -37.9% |
| Fixed assets | 21/28 | €394,196 | €343,626 | -€50,570 | -12.8% |
| Tangible fixed assets | 22/27 | €392,622 | €343,626 | -€48,996 | -12.5% |
| Land and buildings | 22 | €259,984 | €233,885 | -€26,099 | -10.0% |
| Furniture and vehicles | 24 | €29,835 | €15,956 | -€13,879 | -46.5% |
| Other tangible fixed assets | 26 | €102,803 | €93,785 | -€9,018 | -8.8% |
| Financial fixed assets | 28 | €1,574 | - | -€1,574 | |
| Current assets | 29/58 | €386,572 | €141,180 | -€245,392 | -63.5% |
| Stocks and contracts in progress | 3 | €205,365 | - | -€205,365 | |
| Stocks | 30/36 | €205,365 | - | -€205,365 | |
| Amounts receivable within one year | 40/41 | €1,876 | €1,759 | -€117 | -6.2% |
| Trade receivables | 40 | €1,876 | - | -€1,876 | |
| Other amounts receivable | 41 | - | €1,759 | +€1,759 | |
| Current investments | 50/53 | €145,118 | €134,281 | -€10,837 | -7.5% |
| Cash at bank and in hand | 54/58 | €34,213 | €5,140 | -€29,073 | -85.0% |
| Total equity and liabilities | 10/49 | €780,768 | €484,806 | -€295,962 | -37.9% |
| Equity | 10/15 | €587,568 | €387,405 | -€200,163 | -34.1% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €10,453 | €10,453 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Distributable reserves | 133 | €5,496 | €5,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | €527,536 | €327,373 | -€200,163 | -37.9% |
| Amounts payable | 17/49 | €193,200 | €97,401 | -€95,799 | -49.6% |
| Amounts payable within one year | 42/48 | €193,200 | €97,401 | -€95,799 | -49.6% |
| Financial debts | 43 | - | €88 | +€88 | |
| Credit institutions | 430/8 | - | €88 | +€88 | |
| Trade debts | 44 | €19,391 | €1,919 | -€17,472 | -90.1% |
| Suppliers | 440/4 | €19,391 | €1,919 | -€17,472 | -90.1% |
| Taxes, remuneration and social security | 45 | €65,659 | €693 | -€64,965 | -98.9% |
| Taxes | 450/3 | €47,024 | €693 | -€46,330 | -98.5% |
| Remuneration and social security | 454/9 | €18,635 | - | -€18,635 | |
| Other amounts payable | 47/48 | €108,151 | €94,701 | -€13,450 | -12.4% |
| Turnover | 70 | €1,227,613 | - | -€1.2m | |
| Non-recurring operating income | 76A | - | €1,295 | +€1,295 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,077,790 | - | -€1.1m | |
| Remuneration, social security and pensions | 62 | €149,829 | €73,400 | -€76,430 | -51.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,789 | €52,346 | +€1,556 | +3.1% |
| Other operating charges | 640/8 | €7,882 | €4,757 | -€3,124 | -39.6% |
| Gross operating margin | 9900 | €210,319 | -€63,197 | -€273,516 | |
| Operating profit (loss) | 9901 | €1,818 | -€193,700 | -€195,518 | |
| Financial income | 75/76B | €2,550 | €163 | -€2,387 | -93.6% |
| Recurring financial income | 75 | €2,550 | €163 | -€2,387 | -93.6% |
| Financial charges | 65/66B | €12,249 | €5,932 | -€6,317 | -51.6% |
| Recurring financial charges | 65 | €12,249 | €5,932 | -€6,317 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,881 | -€199,469 | -€191,588 | -2431.0% |
| Income taxes | 67/77 | €704 | €693 | -€10 | -1.5% |
| Profit (loss) for the period | 9904 | -€8,585 | -€200,163 | -€191,578 | -2231.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,585 | -€200,163 | -€191,578 | -2231.6% |
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 5 October 2026 via checked.be.