VLEESGROOTHANDEL FLORU WILLIAM: 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
VLEESGROOTHANDEL FLORU WILLIAM
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€556,138
2024 · €521,316+€34,822
Equity
€5.4m
2024 · €5.8m-€343,862
Cash
€923,742
2024 · €377,152+€546,591
Balance sheet total
€5.9m
2024 · €7.9m-€2.1m
Largest movements
Assets
- Current investments -€2.3m
down €2.3m (-36.9%), from €6.3m to €4.0m
- Cash +€546,591
up €546,591 (+145%), from €377,152 to €923,742
mainly Current investments (+€2.3m) and Net result for the year (+€556,138)
- Receivables within one year -€218,660
down €218,660 (-20.1%), from €1.1m to €869,062
of which Trade receivables: -€191,959
- Tangible fixed assets -€92,210
down €92,210 (-50.2%), from €183,610 to €91,401
of which Furniture and vehicles: -€86,164
Equity and liabilities
- Other debts -€1.9m
down €1.9m (-100%), from €1.9m to €0
- Contributions -€900,000
down €900,000 (-52.4%), from €1.7m to €818,049
- Reserves +€556,138
up €556,138 (+13.7%), from €4.1m to €4.6m
of which Distributable reserves: +€556,138
- Trade debts +€125,434
up €125,434 (+53.8%), from €233,209 to €358,643
Income statement
- Goods and materials -€1.2m
down €1.2m (-11.3%), from €10.8m to €9.6m
of which Purchases: -€1.2m
- Turnover -€1.1m
down €1.1m (-8.8%), from €13.0m to €11.8m
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
€521,316
Turnover
-€1.1m
Other operating income
+€7,466
Goods and materials
+€1.2m
Services and other goods
-€44,790
Staff costs
-€14,636
Depreciation
+€17,665
Other operating charges
-€2,391
Other operating items
-€9,201
Financial income
-€14,855
Financial charges
+€30,256
Taxes
-€17,023
Result 2025
€556,138
raises the resultlowers the resultnot broken down further in the accounts
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
-€860,947
Investment
+€2.3m
Financing
-€900,000
Cash 2024
€377,152
From operations (derived)
-€860,947
Net result for the year
+€556,138
Depreciation
+€92,210
Smaller working-capital items
+€1,537
Receivables within one year
+€218,660
Trade debts
+€125,434
Other debts
-€1.9m
Investment (derived)
+€2.3m
Current investments
+€2.3m
Financing
-€900,000
Contributions, distributions and other
-€900,000
Cash 2025
€923,742
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,931,414 | €5,858,016 | -€2.1m | -26.1% |
| Fixed assets | 21/28 | €183,610 | €91,401 | -€92,210 | -50.2% |
| Tangible fixed assets | 22/27 | €183,610 | €91,401 | -€92,210 | -50.2% |
| Plant, machinery and equipment | 23 | €6,770 | €725 | -€6,046 | -89.3% |
| Furniture and vehicles | 24 | €176,840 | €90,676 | -€86,164 | -48.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €7,747,803 | €5,766,615 | -€2.0m | -25.6% |
| Stocks and contracts in progress | 3 | €20,392 | €20,553 | +€161 | +0.8% |
| Stocks | 30/36 | €20,392 | €20,553 | +€161 | +0.8% |
| Goods purchased for resale | 34 | €20,392 | €20,553 | +€161 | +0.8% |
| Amounts receivable within one year | 40/41 | €1,087,722 | €869,062 | -€218,660 | -20.1% |
| Trade receivables | 40 | €1,001,293 | €809,334 | -€191,959 | -19.2% |
| Other amounts receivable | 41 | €86,429 | €59,728 | -€26,701 | -30.9% |
| Current investments | 50/53 | €6,260,795 | €3,953,258 | -€2.3m | -36.9% |
| Other investments | 51/53 | €6,260,795 | €3,953,258 | -€2.3m | -36.9% |
| Cash at bank and in hand | 54/58 | €377,152 | €923,742 | +€546,591 | +145% |
| Deferred charges and accrued income | 490/1 | €1,743 | €0 | -€1,743 | -100% |
| Total equity and liabilities | 10/49 | €7,931,414 | €5,858,016 | -€2.1m | -26.1% |
| Equity | 10/15 | €5,769,831 | €5,425,969 | -€343,862 | -6.0% |
| Contributions | 10/11 | €1,718,049 | €818,049 | -€900,000 | -52.4% |
| Capital | 10 | €1,718,049 | €818,049 | -€900,000 | -52.4% |
| Issued capital | 100 | €1,718,049 | €818,049 | -€900,000 | -52.4% |
| Reserves | 13 | €4,051,782 | €4,607,920 | +€556,138 | +13.7% |
| Non-distributable reserves | 130/1 | €129,900 | €129,900 | = | 0.0% |
| Legal reserve | 130 | €129,900 | €129,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,300 | €139,300 | = | 0.0% |
| Distributable reserves | 133 | €3,782,582 | €4,338,719 | +€556,138 | +14.7% |
| Amounts payable | 17/49 | €2,161,583 | €432,047 | -€1.7m | -80.0% |
| Amounts payable within one year | 42/48 | €2,161,583 | €432,047 | -€1.7m | -80.0% |
| Trade debts | 44 | €233,209 | €358,643 | +€125,434 | +53.8% |
| Suppliers | 440/4 | €233,209 | €358,643 | +€125,434 | +53.8% |
| Taxes, remuneration and social security | 45 | €73,449 | €73,404 | -€45 | -0.1% |
| Taxes | 450/3 | €16,122 | €16,104 | -€18 | -0.1% |
| Remuneration and social security | 454/9 | €57,327 | €57,300 | -€27 | 0.0% |
| Other amounts payable | 47/48 | €1,854,925 | €0 | -€1.9m | -100% |
| Operating income | 70/76A | €12,976,482 | €11,844,723 | -€1.1m | -8.7% |
| Turnover | 70 | €12,971,162 | €11,831,936 | -€1.1m | -8.8% |
| Other operating income | 74 | €5,321 | €12,787 | +€7,466 | +140% |
| Operating charges | 60/66A | €12,307,574 | €11,139,369 | -€1.2m | -9.5% |
| Goods for resale, raw materials and consumables | 60 | €10,787,178 | €9,565,620 | -€1.2m | -11.3% |
| Purchases | 600/8 | €10,760,364 | €9,565,781 | -€1.2m | -11.1% |
| Change in stocks: decrease (increase) | 609 | €26,814 | -€161 | -€26,975 | |
| Services and other goods | 61 | €870,284 | €915,074 | +€44,790 | +5.1% |
| Remuneration, social security and pensions | 62 | €510,164 | €524,800 | +€14,636 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,874 | €92,210 | -€17,665 | -16.1% |
| Other operating charges | 640/8 | €30,074 | €32,465 | +€2,391 | +8.0% |
| Non-recurring operating charges | 66A | - | €9,201 | +€9,201 | |
| Operating profit (loss) | 9901 | €668,908 | €705,354 | +€36,445 | +5.4% |
| Financial income | 75/76B | €174,609 | €159,753 | -€14,855 | -8.5% |
| Recurring financial income | 75 | €174,609 | €159,753 | -€14,855 | -8.5% |
| Income from financial fixed assets | 750 | - | €0 | = | |
| Income from current assets | 751 | €173,877 | €156,773 | -€17,104 | -9.8% |
| Other financial income | 752/9 | €732 | €2,981 | +€2,249 | +307% |
| Financial charges | 65/66B | €134,686 | €104,430 | -€30,256 | -22.5% |
| Recurring financial charges | 65 | €134,686 | €93,923 | -€40,762 | -30.3% |
| Debt charges | 650 | €134,686 | €92,732 | -€41,954 | -31.1% |
| Other financial charges | 652/9 | - | €1,192 | +€1,192 | |
| Non-recurring financial charges | 66B | - | €10,507 | +€10,507 | |
| Profit (loss) for the period before taxes | 9903 | €708,832 | €760,677 | +€51,845 | +7.3% |
| Income taxes | 67/77 | €187,516 | €204,539 | +€17,023 | +9.1% |
| Taxes | 670/3 | €187,516 | €204,539 | +€17,023 | +9.1% |
| Profit (loss) for the period | 9904 | €521,316 | €556,138 | +€34,822 | +6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €521,316 | €556,138 | +€34,822 | +6.7% |
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 25 October 2026 via checked.be.