VLOERCONCEPT: 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.
VLOERCONCEPT
Largest movements
- Cash -€21,621
down €21,621 (-28.9%), from €74,732 to €53,111
mainly Trade debts (-€31,612) and Debts after one year (-€21,046)
- Tangible fixed assets -€18,939
down €18,939 (-6.0%), from €313,425 to €294,486
of which Land and buildings: -€18,335
- Receivables within one year +€10,828
up €10,828 (+28.6%), from €37,835 to €48,664
of which Trade receivables: +€15,898
- Trade debts -€31,612
down €31,612 (-96.9%), from €32,627 to €1,015
- Reserves +€28,566
up €28,566 (+37.0%), from €77,152 to €105,718
- Debts after one year -€21,046
no longer reported in 2025 (was €21,046)
- Gross operating margin +€17,451
up €17,451 (+34.9%), from €49,941 to €67,392
- Taxes +€7,074
up €7,074 (+197.4%), from €3,583 to €10,657
- Depreciation -€2,916
down €2,916 (-10.8%), from €27,091 to €24,175
- Financial charges -€843
down €843 (-26.0%), from €3,242 to €2,400
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 | €430,580 | €400,869 | -€29,711 | -6.9% |
| Fixed assets | 21/28 | €313,755 | €294,816 | -€18,939 | -6.0% |
| Tangible fixed assets | 22/27 | €313,425 | €294,486 | -€18,939 | -6.0% |
| Land and buildings | 22 | €281,088 | €262,753 | -€18,335 | -6.5% |
| Plant, machinery and equipment | 23 | €29,753 | €28,485 | -€1,268 | -4.3% |
| Furniture and vehicles | 24 | €1,959 | €3,247 | +€1,288 | +65.8% |
| Leasing and similar rights | 25 | €624 | - | -€624 | |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €116,826 | €106,053 | -€10,772 | -9.2% |
| Amounts receivable within one year | 40/41 | €37,835 | €48,664 | +€10,828 | +28.6% |
| Trade receivables | 40 | €26,349 | €42,247 | +€15,898 | +60.3% |
| Other amounts receivable | 41 | €11,487 | €6,417 | -€5,070 | -44.1% |
| Cash at bank and in hand | 54/58 | €74,732 | €53,111 | -€21,621 | -28.9% |
| Deferred charges and accrued income | 490/1 | €4,258 | €4,278 | +€21 | +0.5% |
| Total equity and liabilities | 10/49 | €430,580 | €400,869 | -€29,711 | -6.9% |
| Equity | 10/15 | €245,752 | €274,318 | +€28,566 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €77,152 | €105,718 | +€28,566 | +37.0% |
| Distributable reserves | 133 | €77,152 | €105,718 | +€28,566 | +37.0% |
| Amounts payable | 17/49 | €184,828 | €126,551 | -€58,277 | -31.5% |
| Amounts payable after more than one year | 17 | €21,046 | - | -€21,046 | |
| Financial debts | 170/4 | €21,046 | - | -€21,046 | |
| Amounts payable within one year | 42/48 | €163,782 | €126,551 | -€37,231 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €432 | - | -€432 | |
| Financial debts | 43 | €24,549 | €21,046 | -€3,503 | -14.3% |
| Credit institutions | 430/8 | €24,549 | €21,046 | -€3,503 | -14.3% |
| Trade debts | 44 | €32,627 | €1,015 | -€31,612 | -96.9% |
| Suppliers | 440/4 | €32,627 | €1,015 | -€31,612 | -96.9% |
| Taxes, remuneration and social security | 45 | €2,907 | €4,515 | +€1,607 | +55.3% |
| Taxes | 450/3 | €1,590 | €3,197 | +€1,607 | +101.1% |
| Remuneration and social security | 454/9 | €1,318 | €1,318 | = | 0.0% |
| Other amounts payable | 47/48 | €103,267 | €99,975 | -€3,292 | -3.2% |
| Non-recurring operating income | 76A | €11,972 | €12,654 | +€682 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,091 | €24,175 | -€2,916 | -10.8% |
| Other operating charges | 640/8 | €2,001 | €1,874 | -€127 | -6.3% |
| Gross operating margin | 9900 | €49,941 | €67,392 | +€17,451 | +34.9% |
| Operating profit (loss) | 9901 | €20,849 | €41,342 | +€20,494 | +98.3% |
| Financial income | 75/76B | €55 | €280 | +€225 | +408.7% |
| Recurring financial income | 75 | €55 | €280 | +€225 | +408.7% |
| Financial charges | 65/66B | €3,242 | €2,400 | -€843 | -26.0% |
| Recurring financial charges | 65 | €3,242 | €2,400 | -€843 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €17,661 | €39,223 | +€21,561 | +122.1% |
| Income taxes | 67/77 | €3,583 | €10,657 | +€7,074 | +197.4% |
| Profit (loss) for the period | 9904 | €14,078 | €28,566 | +€14,487 | +102.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,078 | €28,566 | +€14,487 | +102.9% |
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 10 October 2026 via checked.be.