FFOLLIE: what changed
Two fiscal 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.
FFOLLIE
Largest movements
- Receivables within one year +€372,060
up €372,060 (+193.6%), from €192,181 to €564,241
of which Other amounts receivable: +€310,563
- Tangible fixed assets -€59,523
down €59,523 (-17.1%), from €348,911 to €289,387
- Cash +€52,532
up €52,532 (+180.8%), from €29,052 to €81,584
mainly Other debts (+€277,913) and Net result for the year (+€162,970)
- Stocks and contracts +€16,962
up €16,962 (+3.6%), from €474,536 to €491,499
- Other debts +€277,913
up €277,913 (+602.6%), from €46,123 to €324,036
- Short-term financial debts +€126,345
up €126,345 (+631.7%), from €20,000 to €146,345
- Debts after one year -€44,687
down €44,687 (-26.0%), from €171,690 to €127,003
- Current portion of long-term debt -€21,969
down €21,969 (-29.1%), from €75,473 to €53,505
- Reserves +€21,098
up €21,098 (+4.2%), from €506,432 to €527,530
- Staff costs -€21,636
down €21,636 (-7.7%), from €279,839 to €258,203
- Gross operating margin -€18,046
down €18,046 (-3.1%), from €589,251 to €571,205
- Depreciation +€16,069
up €16,069 (+23.0%), from €69,932 to €86,002
- Taxes +€12,874
up €12,874 (+22.5%), from €57,186 to €70,060
- Other operating charges -€10,809
down €10,809 (-70.3%), from €15,387 to €4,577
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 | €1,063,858 | €1,444,610 | +€380,751 | +35.8% |
| Fixed assets | 21/28 | €353,335 | €298,534 | -€54,801 | -15.5% |
| Intangible fixed assets | 21 | €4,425 | €9,147 | +€4,722 | +106.7% |
| Tangible fixed assets | 22/27 | €348,911 | €289,387 | -€59,523 | -17.1% |
| Land and buildings | 22 | €208,954 | €180,371 | -€28,583 | -13.7% |
| Plant, machinery and equipment | 23 | €112,006 | €95,982 | -€16,024 | -14.3% |
| Furniture and vehicles | 24 | €27,950 | €13,034 | -€14,916 | -53.4% |
| Current assets | 29/58 | €710,523 | €1,146,076 | +€435,553 | +61.3% |
| Stocks and contracts in progress | 3 | €474,536 | €491,499 | +€16,962 | +3.6% |
| Stocks | 30/36 | €474,536 | €491,499 | +€16,962 | +3.6% |
| Amounts receivable within one year | 40/41 | €192,181 | €564,241 | +€372,060 | +193.6% |
| Trade receivables | 40 | €68,708 | €130,205 | +€61,497 | +89.5% |
| Other amounts receivable | 41 | €123,473 | €434,037 | +€310,563 | +251.5% |
| Cash at bank and in hand | 54/58 | €29,052 | €81,584 | +€52,532 | +180.8% |
| Deferred charges and accrued income | 490/1 | €14,754 | €8,752 | -€6,002 | -40.7% |
| Total equity and liabilities | 10/49 | €1,063,858 | €1,444,610 | +€380,751 | +35.8% |
| Equity | 10/15 | €516,422 | €537,520 | +€21,098 | +4.1% |
| Contributions | 10/11 | €9,990 | €9,990 | = | 0.0% |
| Reserves | 13 | €506,432 | €527,530 | +€21,098 | +4.2% |
| Distributable reserves | 133 | €506,432 | €527,530 | +€21,098 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €547,437 | €907,090 | +€359,653 | +65.7% |
| Amounts payable after more than one year | 17 | €171,690 | €127,003 | -€44,687 | -26.0% |
| Financial debts | 170/4 | €171,690 | €127,003 | -€44,687 | -26.0% |
| Amounts payable within one year | 42/48 | €375,107 | €780,087 | +€404,980 | +108.0% |
| Current portion of amounts payable after more than one year | 42 | €75,473 | €53,505 | -€21,969 | -29.1% |
| Financial debts | 43 | €20,000 | €146,345 | +€126,345 | +631.7% |
| Credit institutions | 430/8 | €20,000 | €146,345 | +€126,345 | +631.7% |
| Trade debts | 44 | €155,968 | €159,425 | +€3,457 | +2.2% |
| Suppliers | 440/4 | €155,968 | €159,425 | +€3,457 | +2.2% |
| Taxes, remuneration and social security | 45 | €77,543 | €96,776 | +€19,233 | +24.8% |
| Taxes | 450/3 | €33,719 | €55,147 | +€21,428 | +63.5% |
| Remuneration and social security | 454/9 | €43,823 | €41,629 | -€2,194 | -5.0% |
| Other amounts payable | 47/48 | €46,123 | €324,036 | +€277,913 | +602.6% |
| Accrued charges and deferred income | 492/3 | €640 | €0 | -€640 | -100.0% |
| Remuneration, social security and pensions | 62 | €279,839 | €258,203 | -€21,636 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,932 | €86,002 | +€16,069 | +23.0% |
| Other operating charges | 640/8 | €15,387 | €4,577 | -€10,809 | -70.3% |
| Gross operating margin | 9900 | €589,251 | €571,205 | -€18,046 | -3.1% |
| Operating profit (loss) | 9901 | €224,093 | €222,423 | -€1,671 | -0.7% |
| Financial income | 75/76B | €14,415 | €20,738 | +€6,323 | +43.9% |
| Recurring financial income | 75 | €14,415 | €20,738 | +€6,323 | +43.9% |
| Financial charges | 65/66B | €11,240 | €10,131 | -€1,109 | -9.9% |
| Recurring financial charges | 65 | €11,240 | €10,131 | -€1,109 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €227,269 | €233,030 | +€5,761 | +2.5% |
| Income taxes | 67/77 | €57,186 | €70,060 | +€12,874 | +22.5% |
| Profit (loss) for the period | 9904 | €170,083 | €162,970 | -€7,113 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | €170,083 | €162,970 | -€7,113 | -4.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.