XL FLOWERS: 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.
XL FLOWERS
Largest movements
- Tangible fixed assets -€17,198
down €17,198 (-3.5%), from €492,602 to €475,405
of which Land and buildings: -€14,409
- Debts after one year -€45,759
down €45,759 (-53.6%), from €85,322 to €39,564
- Reserves +€35,493
up €35,493 (+22.1%), from €160,790 to €196,282
- Other debts -€14,400
down €14,400 (-39.7%), from €36,306 to €21,907
- Tax, wage and social debts +€7,718
up €7,718 (+85.8%), from €8,999 to €16,717
of which Taxes: +€4,766
- Staff costs +€9,700
up €9,700 (+8,575%), from €113 to €9,813
- Gross operating margin -€7,876
down €7,876 (-7.2%), from €108,852 to €100,976
- Write-downs +€7,500
new in 2025: €7,500
- Financial charges -€5,870
down €5,870 (-45.9%), from €12,790 to €6,920
- Taxes -€4,565
down €4,565 (-19.5%), from €23,355 to €18,790
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 | €529,322 | €513,395 | -€15,927 | -3.0% |
| Fixed assets | 21/28 | €492,602 | €475,405 | -€17,198 | -3.5% |
| Tangible fixed assets | 22/27 | €492,602 | €475,405 | -€17,198 | -3.5% |
| Land and buildings | 22 | €478,077 | €463,668 | -€14,409 | -3.0% |
| Plant, machinery and equipment | 23 | €9,685 | €7,684 | -€2,001 | -20.7% |
| Furniture and vehicles | 24 | €4,840 | €4,053 | -€788 | -16.3% |
| Current assets | 29/58 | €36,719 | €37,990 | +€1,270 | +3.5% |
| Amounts receivable within one year | 40/41 | €34,010 | €36,476 | +€2,466 | +7.3% |
| Trade receivables | 40 | €34,010 | €36,476 | +€2,466 | +7.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €357 | €2 | -€355 | -99.4% |
| Deferred charges and accrued income | 490/1 | €2,352 | €1,511 | -€841 | -35.7% |
| Total equity and liabilities | 10/49 | €529,322 | €513,395 | -€15,927 | -3.0% |
| Equity | 10/15 | €328,215 | €363,707 | +€35,493 | +10.8% |
| Contributions | 10/11 | €167,425 | €167,425 | = | 0.0% |
| Reserves | 13 | €160,790 | €196,282 | +€35,493 | +22.1% |
| Distributable reserves | 133 | €160,790 | €196,282 | +€35,493 | +22.1% |
| Amounts payable | 17/49 | €201,107 | €149,687 | -€51,420 | -25.6% |
| Amounts payable after more than one year | 17 | €85,322 | €39,564 | -€45,759 | -53.6% |
| Financial debts | 170/4 | €85,322 | €39,564 | -€45,759 | -53.6% |
| Amounts payable within one year | 42/48 | €115,419 | €109,349 | -€6,071 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €63,427 | €64,490 | +€1,062 | +1.7% |
| Financial debts | 43 | €0 | €1,355 | +€1,355 | |
| Credit institutions | 430/8 | €0 | €1,355 | +€1,355 | |
| Trade debts | 44 | €6,687 | €4,880 | -€1,807 | -27.0% |
| Suppliers | 440/4 | €6,687 | €4,880 | -€1,807 | -27.0% |
| Taxes, remuneration and social security | 45 | €8,999 | €16,717 | +€7,718 | +85.8% |
| Taxes | 450/3 | €8,999 | €13,765 | +€4,766 | +53.0% |
| Remuneration and social security | 454/9 | €0 | €2,952 | +€2,952 | |
| Other amounts payable | 47/48 | €36,306 | €21,907 | -€14,400 | -39.7% |
| Accrued charges and deferred income | 492/3 | €365 | €775 | +€410 | +112% |
| Remuneration, social security and pensions | 62 | €113 | €9,813 | +€9,700 | +8,575% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,505 | €19,281 | +€776 | +4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,500 | +€7,500 | |
| Other operating charges | 640/8 | €3,169 | €3,180 | +€11 | +0.3% |
| Gross operating margin | 9900 | €108,852 | €100,976 | -€7,876 | -7.2% |
| Operating profit (loss) | 9901 | €87,064 | €61,202 | -€25,862 | -29.7% |
| Financial income | 75/76B | €0 | €0 | +€0 | +800% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +800% |
| Financial charges | 65/66B | €12,790 | €6,920 | -€5,870 | -45.9% |
| Recurring financial charges | 65 | €12,790 | €6,920 | -€5,870 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €74,274 | €54,283 | -€19,992 | -26.9% |
| Income taxes | 67/77 | €23,355 | €18,790 | -€4,565 | -19.5% |
| Profit (loss) for the period | 9904 | €50,919 | €35,493 | -€15,426 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,919 | €35,493 | -€15,426 | -30.3% |
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 1 November 2026 via checked.be.