LE FLORIAN: 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.
LE FLORIAN
Largest movements
- Tangible fixed assets -€23,166
down €23,166 (-11.9%), from €194,978 to €171,812
of which Other tangible fixed assets: -€14,822
- Cash +€16,057
up €16,057 (+13.5%), from €118,777 to €134,834
mainly Other debts (+€62,574) and Depreciation (+€32,660)
- Receivables within one year -€9,603
down €9,603 (-81.1%), from €11,839 to €2,236
of which Other amounts receivable: -€6,278
- Reserves -€75,926
down €75,926 (-91.5%), from €82,958 to €7,031
- Other debts +€62,574
up €62,574 (+126%), from €49,514 to €112,088
- Debts after one year -€17,409
down €17,409 (-15.7%), from €110,730 to €93,321
- Tax, wage and social debts +€15,076
up €15,076 (+82.3%), from €18,326 to €33,402
of which Taxes: +€11,170
- Trade debts -€6,026
down €6,026 (-38.7%), from €15,570 to €9,544
- Gross operating margin +€55,042
up €55,042 (+35.1%), from €156,990 to €212,032
- Staff costs +€47,416
up €47,416 (+38.0%), from €124,815 to €172,231
- Depreciation +€16,210
up €16,210 (+98.5%), from €16,450 to €32,660
- Other operating charges -€13,105
down €13,105 (-92.5%), from €14,173 to €1,068
- Financial charges +€2,721
up €2,721 (+124%), from €2,202 to €4,923
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 | €335,816 | €315,831 | -€19,985 | -6.0% |
| Fixed assets | 21/28 | €194,978 | €171,812 | -€23,166 | -11.9% |
| Tangible fixed assets | 22/27 | €194,978 | €171,812 | -€23,166 | -11.9% |
| Plant, machinery and equipment | 23 | €34,668 | €31,928 | -€2,740 | -7.9% |
| Furniture and vehicles | 24 | €27,706 | €22,102 | -€5,604 | -20.2% |
| Other tangible fixed assets | 26 | €132,604 | €117,782 | -€14,822 | -11.2% |
| Current assets | 29/58 | €140,839 | €144,019 | +€3,181 | +2.3% |
| Stocks and contracts in progress | 3 | €4,293 | €4,221 | -€72 | -1.7% |
| Stocks | 30/36 | €4,293 | €4,221 | -€72 | -1.7% |
| Amounts receivable within one year | 40/41 | €11,839 | €2,236 | -€9,603 | -81.1% |
| Trade receivables | 40 | €3,325 | - | -€3,325 | |
| Other amounts receivable | 41 | €8,514 | €2,236 | -€6,278 | -73.7% |
| Cash at bank and in hand | 54/58 | €118,777 | €134,834 | +€16,057 | +13.5% |
| Deferred charges and accrued income | 490/1 | €5,930 | €2,728 | -€3,202 | -54.0% |
| Total equity and liabilities | 10/49 | €335,816 | €315,831 | -€19,985 | -6.0% |
| Equity | 10/15 | €124,843 | €50,067 | -€74,776 | -59.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,958 | €7,031 | -€75,926 | -91.5% |
| Distributable reserves | 133 | €82,958 | €7,031 | -€75,926 | -91.5% |
| Profit (loss) carried forward | 14 | €35,686 | €36,836 | +€1,150 | +3.2% |
| Amounts payable | 17/49 | €210,973 | €265,764 | +€54,791 | +26.0% |
| Amounts payable after more than one year | 17 | €110,730 | €93,321 | -€17,409 | -15.7% |
| Financial debts | 170/4 | €110,730 | €93,321 | -€17,409 | -15.7% |
| Amounts payable within one year | 42/48 | €100,243 | €172,443 | +€72,200 | +72.0% |
| Current portion of amounts payable after more than one year | 42 | €16,833 | €17,409 | +€576 | +3.4% |
| Trade debts | 44 | €15,570 | €9,544 | -€6,026 | -38.7% |
| Suppliers | 440/4 | €15,570 | €9,544 | -€6,026 | -38.7% |
| Taxes, remuneration and social security | 45 | €18,326 | €33,402 | +€15,076 | +82.3% |
| Taxes | 450/3 | €4,052 | €15,222 | +€11,170 | +276% |
| Remuneration and social security | 454/9 | €14,274 | €18,180 | +€3,906 | +27.4% |
| Other amounts payable | 47/48 | €49,514 | €112,088 | +€62,574 | +126% |
| Remuneration, social security and pensions | 62 | €124,815 | €172,231 | +€47,416 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,450 | €32,660 | +€16,210 | +98.5% |
| Other operating charges | 640/8 | €14,173 | €1,068 | -€13,105 | -92.5% |
| Gross operating margin | 9900 | €156,990 | €212,032 | +€55,042 | +35.1% |
| Operating profit (loss) | 9901 | €1,552 | €6,073 | +€4,522 | +291% |
| Financial income | 75/76B | €359 | - | -€359 | |
| Recurring financial income | 75 | €359 | - | -€359 | |
| Financial charges | 65/66B | €2,202 | €4,923 | +€2,721 | +124% |
| Recurring financial charges | 65 | €2,202 | €4,923 | +€2,721 | +124% |
| Profit (loss) for the period before taxes | 9903 | -€291 | €1,150 | +€1,441 | |
| Profit (loss) for the period | 9904 | -€291 | €1,150 | +€1,441 | |
| Profit (loss) for the period to be appropriated | 9905 | -€291 | €1,150 | +€1,441 |
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 16 October 2026 via checked.be.