FLORIMO: 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.
FLORIMO
Largest movements
- Cash -€891,302
down €891,302 (-97.4%), from €914,803 to €23,501
mainly Current investments (-€700,000) and Other debts (-€136,000)
- Current investments +€700,000
new in 2025: €700,000
- Deferred charges and accrued income +€92,913
up €92,913 (+184%), from €50,578 to €143,491
- Other debts -€136,000
down €136,000 (-61.8%), from €220,000 to €84,000
- Trade debts +€57,820
up €57,820 (+531%), from €10,889 to €68,709
- Tax, wage and social debts -€46,770
down €46,770 (-98.3%), from €47,586 to €816
- Gross operating margin -€206,106
down €206,106 (-65.9%), from €312,658 to €106,552
- Taxes -€45,049
down €45,049 (-94.4%), from €47,721 to €2,672
- Other operating charges +€8,307
up €8,307 (+60.4%), from €13,751 to €22,058
- Financial income -€7,390
down €7,390 (-37.2%), from €19,860 to €12,470
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 | €2,014,270 | €1,892,866 | -€121,405 | -6.0% |
| Fixed assets | 21/28 | €1,009,163 | €1,005,544 | -€3,619 | -0.4% |
| Tangible fixed assets | 22/27 | €1,009,163 | €1,005,544 | -€3,619 | -0.4% |
| Land and buildings | 22 | €975,278 | €975,278 | = | 0.0% |
| Plant, machinery and equipment | 23 | €33,885 | €30,265 | -€3,619 | -10.7% |
| Current assets | 29/58 | €1,005,107 | €887,322 | -€117,785 | -11.7% |
| Amounts receivable within one year | 40/41 | €39,726 | €20,330 | -€19,396 | -48.8% |
| Trade receivables | 40 | €39,726 | €16,714 | -€23,012 | -57.9% |
| Other amounts receivable | 41 | - | €3,615 | +€3,615 | |
| Current investments | 50/53 | - | €700,000 | +€700,000 | |
| Cash at bank and in hand | 54/58 | €914,803 | €23,501 | -€891,302 | -97.4% |
| Deferred charges and accrued income | 490/1 | €50,578 | €143,491 | +€92,913 | +184% |
| Total equity and liabilities | 10/49 | €2,014,270 | €1,892,866 | -€121,405 | -6.0% |
| Equity | 10/15 | €1,715,397 | €1,721,126 | +€5,729 | +0.3% |
| Contributions | 10/11 | €1,404,210 | €1,404,210 | = | 0.0% |
| Capital | 10 | €1,404,210 | €1,404,210 | = | 0.0% |
| Issued capital | 100 | €1,404,210 | €1,404,210 | = | 0.0% |
| Reserves | 13 | €297,570 | €303,290 | +€5,720 | +1.9% |
| Non-distributable reserves | 130/1 | €84,851 | €89,471 | +€4,620 | +5.4% |
| Legal reserve | 130 | €84,851 | €89,471 | +€4,620 | +5.4% |
| Distributable reserves | 133 | €212,719 | €213,819 | +€1,100 | +0.5% |
| Profit (loss) carried forward | 14 | €1 | €10 | +€9 | +868% |
| Investment grants | 15 | €13,616 | €13,616 | = | 0.0% |
| Provisions and deferred taxes | 16 | €7,918 | €7,918 | = | 0.0% |
| Deferred taxes | 168 | €7,918 | €7,918 | = | 0.0% |
| Amounts payable | 17/49 | €290,955 | €163,821 | -€127,134 | -43.7% |
| Amounts payable within one year | 42/48 | €278,475 | €153,524 | -€124,950 | -44.9% |
| Trade debts | 44 | €10,889 | €68,709 | +€57,820 | +531% |
| Suppliers | 440/4 | €10,889 | €68,709 | +€57,820 | +531% |
| Taxes, remuneration and social security | 45 | €47,586 | €816 | -€46,770 | -98.3% |
| Taxes | 450/3 | €47,586 | €816 | -€46,770 | -98.3% |
| Other amounts payable | 47/48 | €220,000 | €84,000 | -€136,000 | -61.8% |
| Accrued charges and deferred income | 492/3 | €12,481 | €10,297 | -€2,184 | -17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,309 | €4,520 | -€788 | -14.8% |
| Other operating charges | 640/8 | €13,751 | €22,058 | +€8,307 | +60.4% |
| Gross operating margin | 9900 | €312,658 | €106,552 | -€206,106 | -65.9% |
| Operating profit (loss) | 9901 | €293,598 | €79,973 | -€213,625 | -72.8% |
| Financial income | 75/76B | €19,860 | €12,470 | -€7,390 | -37.2% |
| Recurring financial income | 75 | €19,860 | €12,470 | -€7,390 | -37.2% |
| Financial charges | 65/66B | €40 | €42 | +€2 | +6.1% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €313,419 | €92,402 | -€221,017 | -70.5% |
| Income taxes | 67/77 | €47,721 | €2,672 | -€45,049 | -94.4% |
| Profit (loss) for the period | 9904 | €265,697 | €89,729 | -€175,968 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €265,697 | €89,729 | -€175,968 | -66.2% |
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 22 October 2026 via checked.be.