MERCAFLORA: 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.
MERCAFLORA
Largest movements
- Cash +€51,974
up €51,974 (+64.3%), from €80,885 to €132,859
mainly Net result for the year (+€85,610) and Other debts (+€44,482)
- Deferred charges and accrued income +€32,468
up €32,468 (+568.2%), from €5,714 to €38,183
- Stocks and contracts +€15,081
up €15,081 (+26.8%), from €56,249 to €71,330
of which Contracts in progress: +€17,795
- Tangible fixed assets -€14,693
down €14,693 (-7.0%), from €210,708 to €196,015
- Other debts +€44,482
up €44,482 (+429.9%), from €10,346 to €54,828
- Reserves +€40,110
up €40,110 (+21.7%), from €185,172 to €225,282
of which Distributable reserves: +€40,110
- Debts after one year -€21,900
down €21,900 (-22.3%), from €98,099 to €76,199
- Tax, wage and social debts +€16,207
up €16,207 (+127.1%), from €12,753 to €28,960
- Trade debts +€6,743
up €6,743 (+118.7%), from €5,682 to €12,424
- Gross operating margin +€49,143
up €49,143 (+39.6%), from €123,950 to €173,093
- Taxes +€16,841
up €16,841 (+71.5%), from €23,566 to €40,407
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,941 | €439,583 | +€85,642 | +24.2% |
| Fixed assets | 21/28 | €211,093 | €196,400 | -€14,693 | -7.0% |
| Tangible fixed assets | 22/27 | €210,708 | €196,015 | -€14,693 | -7.0% |
| Land and buildings | 22 | €110,898 | €103,894 | -€7,004 | -6.3% |
| Plant, machinery and equipment | 23 | €52,214 | €50,700 | -€1,513 | -2.9% |
| Furniture and vehicles | 24 | €47,596 | €41,420 | -€6,176 | -13.0% |
| Financial fixed assets | 28 | €385 | €385 | = | 0.0% |
| Current assets | 29/58 | €142,848 | €243,183 | +€100,335 | +70.2% |
| Stocks and contracts in progress | 3 | €56,249 | €71,330 | +€15,081 | +26.8% |
| Stocks | 30/36 | €56,249 | €53,536 | -€2,713 | -4.8% |
| Contracts in progress | 37 | - | €17,795 | +€17,795 | |
| Amounts receivable within one year | 40/41 | - | €812 | +€812 | |
| Trade receivables | 40 | - | €812 | +€812 | |
| Cash at bank and in hand | 54/58 | €80,885 | €132,859 | +€51,974 | +64.3% |
| Deferred charges and accrued income | 490/1 | €5,714 | €38,183 | +€32,468 | +568.2% |
| Total equity and liabilities | 10/49 | €353,941 | €439,583 | +€85,642 | +24.2% |
| Equity | 10/15 | €205,161 | €245,271 | +€40,110 | +19.6% |
| Contributions | 10/11 | €19,989 | €19,989 | = | 0.0% |
| Reserves | 13 | €185,172 | €225,282 | +€40,110 | +21.7% |
| Tax-exempt reserves | 132 | €437 | €437 | = | 0.0% |
| Distributable reserves | 133 | €184,735 | €224,845 | +€40,110 | +21.7% |
| Amounts payable | 17/49 | €148,780 | €194,312 | +€45,532 | +30.6% |
| Amounts payable after more than one year | 17 | €98,099 | €76,199 | -€21,900 | -22.3% |
| Financial debts | 170/4 | €98,099 | €76,199 | -€21,900 | -22.3% |
| Amounts payable within one year | 42/48 | €50,681 | €118,113 | +€67,432 | +133.1% |
| Current portion of amounts payable after more than one year | 42 | €21,900 | €21,900 | = | 0.0% |
| Trade debts | 44 | €5,682 | €12,424 | +€6,743 | +118.7% |
| Suppliers | 440/4 | €5,682 | €12,424 | +€6,743 | +118.7% |
| Taxes, remuneration and social security | 45 | €12,753 | €28,960 | +€16,207 | +127.1% |
| Taxes | 450/3 | €12,753 | €28,960 | +€16,207 | +127.1% |
| Other amounts payable | 47/48 | €10,346 | €54,828 | +€44,482 | +429.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,366 | €39,953 | -€1,413 | -3.4% |
| Other operating charges | 640/8 | €3,278 | €2,814 | -€463 | -14.1% |
| Gross operating margin | 9900 | €123,950 | €173,093 | +€49,143 | +39.6% |
| Operating profit (loss) | 9901 | €79,307 | €130,326 | +€51,019 | +64.3% |
| Financial income | 75/76B | €0 | €56 | +€55 | +21250.0% |
| Recurring financial income | 75 | €0 | €56 | +€55 | +21250.0% |
| Financial charges | 65/66B | €5,259 | €4,364 | -€895 | -17.0% |
| Recurring financial charges | 65 | €5,259 | €4,364 | -€895 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €74,048 | €126,017 | +€51,969 | +70.2% |
| Income taxes | 67/77 | €23,566 | €40,407 | +€16,841 | +71.5% |
| Profit (loss) for the period | 9904 | €50,482 | €85,610 | +€35,128 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,482 | €85,610 | +€35,128 | +69.6% |
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.