LA FLORZEENNE: 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.
What changed
LA FLORZEENNE
NACE 77.223, Rental and leasing activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€237,150
2024 · -€253,988+€16,838
Equity
-€2.0m
2024 · -€1.7m-€237,150
Cash
€17,839
2024 · €42,319-€24,480
Balance sheet total
€1.8m
2024 · €2.1m-€245,254
Largest movements
Assets
- Tangible fixed assets -€230,687
down €230,687 (-11.4%), from €2.0m to €1.8m
of which Land and buildings: -€229,669
- Cash -€24,480
down €24,480 (-57.8%), from €42,319 to €17,839
mainly Net result for the year (-€237,150) and Investment in fixed assets (net) (-€41,002)
Equity and liabilities
- Profit (loss) carried forward -€237,150
down €237,150 (-6.4%), from -€3.7m to -€4.0m
Income statement
- Gross operating margin +€21,138
up €21,138 (+41.0%), from €51,565 to €72,703
- Other operating charges +€4,300
up €4,300 (+41.4%), from €10,384 to €14,684
- Depreciation +€1,656
up €1,656 (+0.6%), from €268,528 to €270,185
- Staff costs -€1,292
down €1,292 (-5.0%), from €25,608 to €24,316
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
-€253,988
Gross operating margin
+€21,138
Staff costs
+€1,292
Depreciation
-€1,656
Other operating charges
-€4,300
Financial income
-€174
Financial charges
+€543
Taxes
-€4
Result 2025
-€237,150
raises the resultlowers the result
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.
From operations
+€28,406
Investment
-€41,002
Financing
-€11,883
Cash 2024
€42,319
From operations (derived)
+€28,406
Net result for the year
-€237,150
Depreciation
+€270,185
Stocks and contracts
+€2,251
Receivables within one year
-€67
Deferred charges and accrued income
-€10,592
Trade debts
+€1,624
Tax, wage and social debts
+€3,664
Other debts
-€3,179
Accrued charges and deferred income
+€1,671
Investment (derived)
-€41,002
Investment in fixed assets (net)
-€41,002
Financing
-€11,883
Debts after one year
-€1,493
Current portion of long-term debt
-€10,390
Cash 2025
€17,839
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,082,893 | €1,837,640 | -€245,254 | -11.8% |
| Fixed assets | 21/28 | €2,028,350 | €1,799,168 | -€229,182 | -11.3% |
| Intangible fixed assets | 21 | €0 | €1,504 | +€1,504 | |
| Tangible fixed assets | 22/27 | €2,028,350 | €1,797,664 | -€230,687 | -11.4% |
| Land and buildings | 22 | €1,998,637 | €1,768,967 | -€229,669 | -11.5% |
| Plant, machinery and equipment | 23 | €12,354 | €18,053 | +€5,699 | +46.1% |
| Furniture and vehicles | 24 | €17,360 | €10,644 | -€6,716 | -38.7% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Current assets | 29/58 | €54,543 | €38,472 | -€16,071 | -29.5% |
| Stocks and contracts in progress | 3 | €6,993 | €4,742 | -€2,251 | -32.2% |
| Stocks | 30/36 | €6,993 | €4,742 | -€2,251 | -32.2% |
| Amounts receivable within one year | 40/41 | €2,484 | €2,551 | +€67 | +2.7% |
| Trade receivables | 40 | €2,314 | €2,355 | +€40 | +1.7% |
| Other amounts receivable | 41 | €169 | €197 | +€27 | +16.2% |
| Cash at bank and in hand | 54/58 | €42,319 | €17,839 | -€24,480 | -57.8% |
| Deferred charges and accrued income | 490/1 | €2,747 | €13,339 | +€10,592 | +386% |
| Total equity and liabilities | 10/49 | €2,082,893 | €1,837,640 | -€245,254 | -11.8% |
| Equity | 10/15 | -€1,713,060 | -€1,950,210 | -€237,150 | -13.8% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,713,060 | -€3,950,210 | -€237,150 | -6.4% |
| Amounts payable | 17/49 | €3,795,953 | €3,787,850 | -€8,104 | -0.2% |
| Amounts payable after more than one year | 17 | €3,677,493 | €3,676,000 | -€1,493 | 0.0% |
| Financial debts | 170/4 | €693 | €0 | -€693 | -100% |
| Other amounts payable | 178/9 | €3,676,800 | €3,676,000 | -€800 | 0.0% |
| Amounts payable within one year | 42/48 | €83,231 | €74,950 | -€8,281 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €11,083 | €693 | -€10,390 | -93.7% |
| Trade debts | 44 | €42,197 | €43,821 | +€1,624 | +3.8% |
| Suppliers | 440/4 | €42,197 | €43,821 | +€1,624 | +3.8% |
| Taxes, remuneration and social security | 45 | €5,376 | €9,040 | +€3,664 | +68.2% |
| Taxes | 450/3 | €3,632 | €7,366 | +€3,734 | +103% |
| Remuneration and social security | 454/9 | €1,743 | €1,674 | -€70 | -4.0% |
| Other amounts payable | 47/48 | €24,575 | €21,396 | -€3,179 | -12.9% |
| Accrued charges and deferred income | 492/3 | €35,229 | €36,900 | +€1,671 | +4.7% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €25,608 | €24,316 | -€1,292 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268,528 | €270,185 | +€1,656 | +0.6% |
| Other operating charges | 640/8 | €10,384 | €14,684 | +€4,300 | +41.4% |
| Gross operating margin | 9900 | €51,565 | €72,703 | +€21,138 | +41.0% |
| Operating profit (loss) | 9901 | -€252,956 | -€236,483 | +€16,474 | +6.5% |
| Financial income | 75/76B | €175 | €1 | -€174 | -99.4% |
| Recurring financial income | 75 | €175 | €1 | -€174 | -99.4% |
| Financial charges | 65/66B | €1,068 | €525 | -€543 | -50.9% |
| Recurring financial charges | 65 | €1,068 | €525 | -€543 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€253,849 | -€237,006 | +€16,842 | +6.6% |
| Income taxes | 67/77 | €140 | €144 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€253,988 | -€237,150 | +€16,838 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€253,988 | -€237,150 | +€16,838 | +6.6% |
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 19 October 2026 via checked.be.