L'AS DE FLEUR: 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.
L'AS DE FLEUR
Largest movements
- Tangible fixed assets -€8,960
down €8,960 (-5.2%), from €171,498 to €162,538
of which Land and buildings: -€6,069
- Receivables within one year +€4,398
up €4,398 (+71.9%), from €6,118 to €10,515
of which Trade receivables: +€5,274
- Cash +€3,117
up €3,117 (+51.8%), from €6,019 to €9,137
mainly Depreciation (+€12,370) and Net result for the year (+€11,854)
- Debts after one year -€12,492
down €12,492 (-6.5%), from €193,419 to €180,928
- Profit (loss) carried forward +€11,854
up €11,854 (+55.3%), from -€21,434 to -€9,579
- Short-term financial debts -€9,925
no longer reported in 2025 (was €9,925)
- Trade debts +€3,613
up €3,613 (+24.8%), from €14,591 to €18,204
- Tax, wage and social debts +€3,305
up €3,305 (+45.0%), from €7,342 to €10,647
of which Taxes: +€2,101
- Turnover +€30,157
up €30,157 (+11.2%), from €269,366 to €299,524
- Gross operating margin +€20,388
up €20,388 (+43.1%), from €47,318 to €67,706
- Purchases and services +€9,710
up €9,710 (+4.4%), from €222,116 to €231,825
- Staff costs +€8,757
up €8,757 (+52.9%), from €16,563 to €25,321
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 | €237,907 | €235,960 | -€1,947 | -0.8% |
| Fixed assets | 21/28 | €176,040 | €167,595 | -€8,446 | -4.8% |
| Intangible fixed assets | 21 | €286 | - | -€286 | |
| Tangible fixed assets | 22/27 | €171,498 | €162,538 | -€8,960 | -5.2% |
| Land and buildings | 22 | €156,974 | €150,906 | -€6,069 | -3.9% |
| Plant, machinery and equipment | 23 | - | €3,032 | +€3,032 | |
| Furniture and vehicles | 24 | €11,921 | €6,723 | -€5,198 | -43.6% |
| Leasing and similar rights | 25 | €2,603 | €1,877 | -€726 | -27.9% |
| Financial fixed assets | 28 | €4,257 | €5,057 | +€800 | +18.8% |
| Current assets | 29/58 | €61,867 | €68,365 | +€6,498 | +10.5% |
| Stocks and contracts in progress | 3 | €48,761 | €46,588 | -€2,174 | -4.5% |
| Stocks | 30/36 | €48,761 | €46,588 | -€2,174 | -4.5% |
| Amounts receivable within one year | 40/41 | €6,118 | €10,515 | +€4,398 | +71.9% |
| Trade receivables | 40 | €5,193 | €10,467 | +€5,274 | +102% |
| Other amounts receivable | 41 | €925 | €48 | -€877 | -94.8% |
| Cash at bank and in hand | 54/58 | €6,019 | €9,137 | +€3,117 | +51.8% |
| Deferred charges and accrued income | 490/1 | €969 | €2,125 | +€1,157 | +119% |
| Total equity and liabilities | 10/49 | €237,907 | €235,960 | -€1,947 | -0.8% |
| Equity | 10/15 | -€974 | €10,881 | +€11,854 | |
| Contributions | 10/11 | €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 | -€21,434 | -€9,579 | +€11,854 | +55.3% |
| Amounts payable | 17/49 | €238,881 | €225,079 | -€13,802 | -5.8% |
| Amounts payable after more than one year | 17 | €193,419 | €180,928 | -€12,492 | -6.5% |
| Financial debts | 170/4 | €193,419 | €180,928 | -€12,492 | -6.5% |
| Amounts payable within one year | 42/48 | €45,266 | €44,011 | -€1,255 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €13,409 | €15,161 | +€1,752 | +13.1% |
| Financial debts | 43 | €9,925 | - | -€9,925 | |
| Credit institutions | 430/8 | €9,925 | - | -€9,925 | |
| Trade debts | 44 | €14,591 | €18,204 | +€3,613 | +24.8% |
| Suppliers | 440/4 | €14,591 | €18,204 | +€3,613 | +24.8% |
| Taxes, remuneration and social security | 45 | €7,342 | €10,647 | +€3,305 | +45.0% |
| Taxes | 450/3 | €2,885 | €4,985 | +€2,101 | +72.8% |
| Remuneration and social security | 454/9 | €4,457 | €5,661 | +€1,204 | +27.0% |
| Accrued charges and deferred income | 492/3 | €196 | €140 | -€56 | -28.4% |
| Turnover | 70 | €269,366 | €299,524 | +€30,157 | +11.2% |
| Non-recurring operating income | 76A | €68 | €7 | -€60 | -89.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €222,116 | €231,825 | +€9,710 | +4.4% |
| Remuneration, social security and pensions | 62 | €16,563 | €25,321 | +€8,757 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,864 | €12,370 | -€494 | -3.8% |
| Other operating charges | 640/8 | €4,085 | €4,445 | +€361 | +8.8% |
| Gross operating margin | 9900 | €47,318 | €67,706 | +€20,388 | +43.1% |
| Operating profit (loss) | 9901 | €13,806 | €25,570 | +€11,764 | +85.2% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €12,135 | €11,608 | -€527 | -4.3% |
| Recurring financial charges | 65 | €11,888 | €10,725 | -€1,163 | -9.8% |
| Non-recurring financial charges | 66B | €247 | €883 | +€636 | +257% |
| Profit (loss) for the period before taxes | 9903 | €1,674 | €13,961 | +€12,288 | +734% |
| Income taxes | 67/77 | €409 | €2,107 | +€1,698 | +415% |
| Profit (loss) for the period | 9904 | €1,265 | €11,854 | +€10,590 | +837% |
| Profit (loss) for the period to be appropriated | 9905 | €1,265 | €11,854 | +€10,590 | +837% |
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 28 October 2026 via checked.be.