II Fioretto: 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.
II Fioretto
Largest movements
- Current investments +€2,989
up €2,989 (+3.8%), from €78,947 to €81,936
- Cash +€2,225
up €2,225 (+58.0%), from €3,837 to €6,062
mainly Net result for the year (+€4,912) and Depreciation (+€1,947)
- Tangible fixed assets -€1,947
down €1,947 (-50.0%), from €3,893 to €1,946
- Profit (loss) carried forward +€4,912
up €4,912 (+14.0%), from €35,043 to €39,955
- Trade debts -€1,855
no longer reported in 2025 (was €1,855)
- Purchases and services -€3,652
down €3,652 (-31.7%), from €11,517 to €7,865
- Turnover -€1,872
down €1,872 (-11.4%), from €16,360 to €14,488
- Gross operating margin +€1,735
up €1,735 (+35.5%), from €4,889 to €6,624
- Depreciation -€381
down €381 (-16.4%), from €2,328 to €1,947
- Other operating charges -€311
down €311 (-63.1%), from €493 to €182
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 | €86,893 | €90,070 | +€3,177 | +3.7% |
| Fixed assets | 21/28 | €3,893 | €1,946 | -€1,947 | -50.0% |
| Tangible fixed assets | 22/27 | €3,893 | €1,946 | -€1,947 | -50.0% |
| Furniture and vehicles | 24 | €3,893 | €1,946 | -€1,947 | -50.0% |
| Current assets | 29/58 | €83,000 | €88,124 | +€5,124 | +6.2% |
| Current investments | 50/53 | €78,947 | €81,936 | +€2,989 | +3.8% |
| Cash at bank and in hand | 54/58 | €3,837 | €6,062 | +€2,225 | +58.0% |
| Deferred charges and accrued income | 490/1 | €216 | €126 | -€90 | -41.7% |
| Total equity and liabilities | 10/49 | €86,893 | €90,070 | +€3,177 | +3.7% |
| Equity | 10/15 | €84,965 | €89,877 | +€4,912 | +5.8% |
| Contributions | 10/11 | €49,922 | €49,922 | = | 0.0% |
| Capital | 10 | €49,922 | €49,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,043 | €39,955 | +€4,912 | +14.0% |
| Amounts payable | 17/49 | €1,928 | €193 | -€1,735 | -90.0% |
| Amounts payable within one year | 42/48 | €1,864 | €155 | -€1,709 | -91.7% |
| Trade debts | 44 | €1,855 | - | -€1,855 | |
| Suppliers | 440/4 | €1,855 | - | -€1,855 | |
| Taxes, remuneration and social security | 45 | €9 | €155 | +€146 | +1,622% |
| Taxes | 450/3 | €9 | €155 | +€146 | +1,622% |
| Accrued charges and deferred income | 492/3 | €64 | €38 | -€26 | -40.6% |
| Turnover | 70 | €16,360 | €14,488 | -€1,872 | -11.4% |
| Membership fees, donations, legacies and grants | 73 | €46 | - | -€46 | |
| Goods, raw materials, services and sundry goods | 60/61 | €11,517 | €7,865 | -€3,652 | -31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,328 | €1,947 | -€381 | -16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€252 | - | +€252 | |
| Other operating charges | 640/8 | €493 | €182 | -€311 | -63.1% |
| Gross operating margin | 9900 | €4,889 | €6,624 | +€1,735 | +35.5% |
| Operating profit (loss) | 9901 | €2,320 | €4,495 | +€2,175 | +93.8% |
| Financial income | 75/76B | €805 | €618 | -€187 | -23.2% |
| Recurring financial income | 75 | €805 | €618 | -€187 | -23.2% |
| Financial charges | 65/66B | €180 | €201 | +€21 | +11.7% |
| Recurring financial charges | 65 | €180 | €201 | +€21 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €2,945 | €4,912 | +€1,967 | +66.8% |
| Profit (loss) for the period | 9904 | €2,945 | €4,912 | +€1,967 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,945 | €4,912 | +€1,967 | +66.8% |
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 26 October 2026 via checked.be.