VAN ASSCHE FLORIS: 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.
VAN ASSCHE FLORIS
Largest movements
- Receivables within one year +€298,687
up €298,687 (+289%), from €103,262 to €401,949
of which Trade receivables: +€290,288
- Tangible fixed assets +€293,441
up €293,441 (+238%), from €123,525 to €416,967
of which Leasing and similar rights: +€164,744
- Cash -€43,276
down €43,276 (-76.6%), from €56,472 to €13,196
mainly Investment in fixed assets (net) (-€364,615) and Receivables within one year (-€298,687)
- Trade debts +€219,947
up €219,947 (+453%), from €48,550 to €268,497
- Debts after one year +€110,369
up €110,369 (+128%), from €86,203 to €196,572
- Other debts +€88,043
up €88,043 (+163%), from €53,864 to €141,906
- Reserves +€74,678
up €74,678 (+188%), from €39,721 to €114,398
- Current portion of long-term debt +€35,505
up €35,505 (+176%), from €20,150 to €55,655
- Gross operating margin +€142,927
up €142,927 (+266%), from €53,697 to €196,624
- Depreciation +€66,638
up €66,638 (+1,469%), from €4,536 to €71,174
- Other operating charges +€19,536
up €19,536 (+2,013%), from €970 to €20,506
- Taxes +€12,382
up €12,382 (+162%), from €7,627 to €20,009
- Financial charges +€9,503
up €9,503 (+1,127%), from €843 to €10,346
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 | €283,260 | €835,434 | +€552,174 | +195% |
| Fixed assets | 21/28 | €123,525 | €416,967 | +€293,441 | +238% |
| Tangible fixed assets | 22/27 | €123,525 | €416,967 | +€293,441 | +238% |
| Furniture and vehicles | 24 | €123,525 | €252,222 | +€128,697 | +104% |
| Leasing and similar rights | 25 | - | €164,744 | +€164,744 | |
| Current assets | 29/58 | €159,734 | €418,467 | +€258,733 | +162% |
| Amounts receivable within one year | 40/41 | €103,262 | €401,949 | +€298,687 | +289% |
| Trade receivables | 40 | €103,262 | €393,551 | +€290,288 | +281% |
| Other amounts receivable | 41 | - | €8,399 | +€8,399 | |
| Cash at bank and in hand | 54/58 | €56,472 | €13,196 | -€43,276 | -76.6% |
| Deferred charges and accrued income | 490/1 | - | €3,322 | +€3,322 | |
| Total equity and liabilities | 10/49 | €283,260 | €835,434 | +€552,174 | +195% |
| Equity | 10/15 | €44,721 | €119,398 | +€74,678 | +167% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,721 | €114,398 | +€74,678 | +188% |
| Distributable reserves | 133 | €39,721 | €114,398 | +€74,678 | +188% |
| Amounts payable | 17/49 | €238,539 | €716,036 | +€477,496 | +200% |
| Amounts payable after more than one year | 17 | €86,203 | €196,572 | +€110,369 | +128% |
| Financial debts | 170/4 | €86,203 | €196,572 | +€110,369 | +128% |
| Amounts payable within one year | 42/48 | €152,336 | €519,064 | +€366,728 | +241% |
| Current portion of amounts payable after more than one year | 42 | €20,150 | €55,655 | +€35,505 | +176% |
| Trade debts | 44 | €48,550 | €268,497 | +€219,947 | +453% |
| Suppliers | 440/4 | €48,550 | €268,497 | +€219,947 | +453% |
| Taxes, remuneration and social security | 45 | €29,773 | €53,005 | +€23,233 | +78.0% |
| Taxes | 450/3 | €29,773 | €53,005 | +€23,233 | +78.0% |
| Other amounts payable | 47/48 | €53,864 | €141,906 | +€88,043 | +163% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,536 | €71,174 | +€66,638 | +1,469% |
| Other operating charges | 640/8 | €970 | €20,506 | +€19,536 | +2,013% |
| Gross operating margin | 9900 | €53,697 | €196,624 | +€142,927 | +266% |
| Operating profit (loss) | 9901 | €48,191 | €104,944 | +€56,753 | +118% |
| Financial income | 75/76B | - | €89 | +€89 | |
| Recurring financial income | 75 | - | €89 | +€89 | |
| Financial charges | 65/66B | €843 | €10,346 | +€9,503 | +1,127% |
| Recurring financial charges | 65 | €843 | €10,346 | +€9,503 | +1,127% |
| Profit (loss) for the period before taxes | 9903 | €47,348 | €94,687 | +€47,339 | +100.0% |
| Income taxes | 67/77 | €7,627 | €20,009 | +€12,382 | +162% |
| Profit (loss) for the period | 9904 | €39,721 | €74,678 | +€34,957 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,721 | €74,678 | +€34,957 | +88.0% |
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 13 October 2026 via checked.be.