GENERAL FLOORING: 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
GENERAL FLOORING
NACE 46.130, Agents in the wholesale of timber and building materials
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€134,008
2024 · €58,595+€75,413
Equity
€631,372
2024 · €577,364+€54,008
Cash
€147,133
2024 · €152,322-€5,189
Balance sheet total
€2.5m
2024 · €1.4m+€1.1m
Largest movements
Assets
- Tangible fixed assets +€933,035
up €933,035 (+1232.2%), from €75,721 to €1.0m
of which Land and buildings: +€951,765
- Stocks and contracts +€204,679
up €204,679 (+32.0%), from €639,583 to €844,262
Equity and liabilities
- Debts after one year +€1.0m
up €1.0m (+3177.5%), from €31,812 to €1.0m
of which Financial debts: +€961,805
- Other debts +€79,407
up €79,407 (+131.1%), from €60,593 to €140,000
- Current portion of long-term debt -€63,406
down €63,406 (-25.7%), from €246,993 to €183,587
- Trade debts +€61,040
up €61,040 (+16.3%), from €373,582 to €434,622
- Profit (loss) carried forward +€54,008
up €54,008 (+9.7%), from €556,904 to €610,912
Income statement
- Staff costs -€124,073
down €124,073 (-30.7%), from €403,987 to €279,914
- Other operating charges +€119,022
up €119,022 (+1432.4%), from €8,309 to €127,331
- Gross operating margin +€53,855
up €53,855 (+9.6%), from €562,286 to €616,141
- Taxes +€26,095
up €26,095 (+109.5%), from €23,836 to €49,932
- Write-downs -€25,795
down €25,795, from €23,958 to -€1,837
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.
Result 2024
€58,595
Gross operating margin
+€53,855
Staff costs
+€124,073
Depreciation
+€2,979
Write-downs
+€25,795
Other operating charges
-€119,022
Other operating items
+€720
Financial income
+€17,116
Financial charges
-€4,008
Taxes
-€26,095
Result 2025
€134,008
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.
From operations
+€88,230
Investment
-€960,836
Financing
+€867,418
Cash 2024
€152,322
From operations (derived)
+€88,230
Net result for the year
+€134,008
Depreciation
+€27,801
Stocks and contracts
-€204,679
Receivables within one year
+€12,077
Deferred charges and accrued income
-€5,331
Trade debts
+€61,040
Tax, wage and social debts
-€17,508
Advances received
-€1,982
Other debts
+€79,407
Accrued charges and deferred income
+€3,396
Investment (derived)
-€960,836
Investment in fixed assets (net)
-€960,836
Financing
+€867,418
Debts after one year
+€1.0m
Current portion of long-term debt
-€63,406
Contributions, distributions and other
-€80,000
Cash 2025
€147,133
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,392,249 | €2,518,028 | +€1.1m | +80.9% |
| Fixed assets | 21/28 | €94,846 | €1,027,881 | +€933,035 | +983.7% |
| Tangible fixed assets | 22/27 | €75,721 | €1,008,756 | +€933,035 | +1232.2% |
| Land and buildings | 22 | - | €951,765 | +€951,765 | |
| Plant, machinery and equipment | 23 | €4,595 | €20,662 | +€16,066 | +349.6% |
| Furniture and vehicles | 24 | €68,620 | €35,262 | -€33,358 | -48.6% |
| Other tangible fixed assets | 26 | €2,505 | €1,068 | -€1,438 | -57.4% |
| Financial fixed assets | 28 | €19,125 | €19,125 | = | 0.0% |
| Current assets | 29/58 | €1,297,403 | €1,490,147 | +€192,744 | +14.9% |
| Stocks and contracts in progress | 3 | €639,583 | €844,262 | +€204,679 | +32.0% |
| Stocks | 30/36 | €639,583 | €844,262 | +€204,679 | +32.0% |
| Amounts receivable within one year | 40/41 | €504,594 | €492,516 | -€12,077 | -2.4% |
| Trade receivables | 40 | €497,864 | €463,271 | -€34,594 | -6.9% |
| Other amounts receivable | 41 | €6,729 | €29,246 | +€22,516 | +334.6% |
| Cash at bank and in hand | 54/58 | €152,322 | €147,133 | -€5,189 | -3.4% |
| Deferred charges and accrued income | 490/1 | €905 | €6,236 | +€5,331 | +589.2% |
| Total equity and liabilities | 10/49 | €1,392,249 | €2,518,028 | +€1.1m | +80.9% |
| Equity | 10/15 | €577,364 | €631,372 | +€54,008 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €556,904 | €610,912 | +€54,008 | +9.7% |
| Amounts payable | 17/49 | €814,884 | €1,886,656 | +€1.1m | +131.5% |
| Amounts payable after more than one year | 17 | €31,812 | €1,042,636 | +€1.0m | +3177.5% |
| Financial debts | 170/4 | €27,260 | €989,065 | +€961,805 | +3528.3% |
| Other amounts payable | 178/9 | €4,552 | €53,571 | +€49,019 | +1076.9% |
| Amounts payable within one year | 42/48 | €775,375 | €832,927 | +€57,551 | +7.4% |
| Current portion of amounts payable after more than one year | 42 | €246,993 | €183,587 | -€63,406 | -25.7% |
| Trade debts | 44 | €373,582 | €434,622 | +€61,040 | +16.3% |
| Suppliers | 440/4 | €373,582 | €434,622 | +€61,040 | +16.3% |
| Advances received on contracts in progress | 46 | €1,982 | - | -€1,982 | |
| Taxes, remuneration and social security | 45 | €92,225 | €74,717 | -€17,508 | -19.0% |
| Taxes | 450/3 | €40,145 | €37,384 | -€2,761 | -6.9% |
| Remuneration and social security | 454/9 | €52,080 | €37,333 | -€14,747 | -28.3% |
| Other amounts payable | 47/48 | €60,593 | €140,000 | +€79,407 | +131.1% |
| Accrued charges and deferred income | 492/3 | €7,697 | €11,094 | +€3,396 | +44.1% |
| Remuneration, social security and pensions | 62 | €403,987 | €279,914 | -€124,073 | -30.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,780 | €27,801 | -€2,979 | -9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,958 | -€1,837 | -€25,795 | |
| Other operating charges | 640/8 | €8,309 | €127,331 | +€119,022 | +1432.4% |
| Non-recurring operating charges | 66A | €1,139 | €419 | -€720 | -63.2% |
| Gross operating margin | 9900 | €562,286 | €616,141 | +€53,855 | +9.6% |
| Operating profit (loss) | 9901 | €94,112 | €182,512 | +€88,400 | +93.9% |
| Financial income | 75/76B | €18,033 | €35,149 | +€17,116 | +94.9% |
| Recurring financial income | 75 | €18,033 | €35,149 | +€17,116 | +94.9% |
| Financial charges | 65/66B | €29,715 | €33,722 | +€4,008 | +13.5% |
| Recurring financial charges | 65 | €29,715 | €33,722 | +€4,008 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €82,431 | €183,939 | +€101,508 | +123.1% |
| Income taxes | 67/77 | €23,836 | €49,932 | +€26,095 | +109.5% |
| Profit (loss) for the period | 9904 | €58,595 | €134,008 | +€75,413 | +128.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,595 | €134,008 | +€75,413 | +128.7% |
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.