TEAM FLORAL: 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.
TEAM FLORAL
Largest movements
- Receivables within one year +€57,048
up €57,048 (+573%), from €9,960 to €67,008
of which Trade receivables: +€57,119
- Cash -€12,956
down €12,956 (-71.2%), from €18,197 to €5,241
mainly Receivables within one year (-€57,048) and Debts after one year (-€30,349)
- Stocks and contracts +€6,842
up €6,842 (+3.5%), from €195,958 to €202,800
of which Stocks: +€11,417
- Deferred charges and accrued income -€5,921
down €5,921 (-81.9%), from €7,228 to €1,307
- Profit (loss) carried forward +€54,643
up €54,643 (+11.8%), from -€463,754 to -€409,111
- Trade debts +€39,795
up €39,795 (+81.4%), from €48,899 to €88,693
- Debts after one year -€30,349
down €30,349 (-33.6%), from €90,349 to €60,000
of which Financial debts: -€30,349
- Current portion of long-term debt -€20,932
down €20,932 (-40.8%), from €51,281 to €30,349
- Gross operating margin +€125,453
up €125,453 (+2,468%), from €5,083 to €130,536
- Staff costs +€3,322
up €3,322 (+5.0%), from €65,910 to €69,233
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,582 | €284,854 | +€44,272 | +18.4% |
| Fixed assets | 21/28 | €9,239 | €8,497 | -€741 | -8.0% |
| Tangible fixed assets | 22/27 | €9,059 | €6,598 | -€2,460 | -27.2% |
| Plant, machinery and equipment | 23 | €1,342 | €763 | -€579 | -43.2% |
| Furniture and vehicles | 24 | €7,717 | €5,836 | -€1,881 | -24.4% |
| Financial fixed assets | 28 | €180 | €1,899 | +€1,719 | +955% |
| Current assets | 29/58 | €231,343 | €276,356 | +€45,013 | +19.5% |
| Stocks and contracts in progress | 3 | €195,958 | €202,800 | +€6,842 | +3.5% |
| Stocks | 30/36 | €191,383 | €202,800 | +€11,417 | +6.0% |
| Contracts in progress | 37 | €4,575 | €0 | -€4,575 | -100% |
| Amounts receivable within one year | 40/41 | €9,960 | €67,008 | +€57,048 | +573% |
| Trade receivables | 40 | €9,872 | €66,992 | +€57,119 | +579% |
| Other amounts receivable | 41 | €88 | €17 | -€71 | -80.9% |
| Cash at bank and in hand | 54/58 | €18,197 | €5,241 | -€12,956 | -71.2% |
| Deferred charges and accrued income | 490/1 | €7,228 | €1,307 | -€5,921 | -81.9% |
| Total equity and liabilities | 10/49 | €240,582 | €284,854 | +€44,272 | +18.4% |
| Equity | 10/15 | -€84,176 | -€29,533 | +€54,643 | +64.9% |
| Contributions | 10/11 | €335,718 | €335,718 | = | 0.0% |
| Reserves | 13 | €43,860 | €43,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,860 | €3,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,860 | €3,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€463,754 | -€409,111 | +€54,643 | +11.8% |
| Amounts payable | 17/49 | €324,758 | €314,386 | -€10,371 | -3.2% |
| Amounts payable after more than one year | 17 | €90,349 | €60,000 | -€30,349 | -33.6% |
| Financial debts | 170/4 | €30,349 | €0 | -€30,349 | -100% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €234,409 | €254,386 | +€19,977 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €51,281 | €30,349 | -€20,932 | -40.8% |
| Trade debts | 44 | €48,899 | €88,693 | +€39,795 | +81.4% |
| Suppliers | 440/4 | €48,899 | €88,693 | +€39,795 | +81.4% |
| Advances received on contracts in progress | 46 | €67,098 | €67,098 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,477 | €13,179 | +€1,702 | +14.8% |
| Taxes | 450/3 | €3,222 | €8,315 | +€5,093 | +158% |
| Remuneration and social security | 454/9 | €8,255 | €4,864 | -€3,391 | -41.1% |
| Other amounts payable | 47/48 | €55,655 | €55,067 | -€587 | -1.1% |
| Non-recurring operating income | 76A | - | €3,025 | +€3,025 | |
| Remuneration, social security and pensions | 62 | €65,910 | €69,233 | +€3,322 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,623 | €2,956 | +€333 | +12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €350 | +€350 | |
| Other operating charges | 640/8 | €1,537 | €992 | -€545 | -35.5% |
| Gross operating margin | 9900 | €5,083 | €130,536 | +€125,453 | +2,468% |
| Operating profit (loss) | 9901 | -€64,988 | €57,005 | +€121,993 | |
| Financial income | 75/76B | €39 | €0 | -€39 | -100% |
| Recurring financial income | 75 | €39 | €0 | -€39 | -100% |
| Financial charges | 65/66B | €3,317 | €2,362 | -€955 | -28.8% |
| Recurring financial charges | 65 | €3,317 | €2,362 | -€955 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€68,265 | €54,643 | +€122,908 | |
| Profit (loss) for the period | 9904 | -€68,265 | €54,643 | +€122,908 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,265 | €54,643 | +€122,908 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.