FOL FOOD: 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.
FOL FOOD
Largest movements
- Tangible fixed assets -€83,581
down €83,581 (-100%), from €83,581 to €0
of which Other tangible fixed assets: -€52,816
- Receivables within one year -€16,935
down €16,935 (-43.9%), from €38,548 to €21,613
of which Other amounts receivable: -€11,837
- Cash -€10,925
down €10,925 (-45.3%), from €24,117 to €13,192
mainly Trade debts (-€38,124) and Net result for the year (-€32,157)
- Stocks and contracts -€10,080
down €10,080 (-100%), from €10,080 to €0
- Deferred charges and accrued income -€4,190
down €4,190 (-100%), from €4,190 to €0
- Trade debts -€38,124
down €38,124 (-95.0%), from €40,149 to €2,025
- Profit (loss) carried forward -€32,157
down €32,157, from €32,121 to -€37
- Tax, wage and social debts -€30,900
down €30,900 (-70.1%), from €44,097 to €13,197
of which Remuneration and social security: -€30,209
- Other debts -€11,174
down €11,174 (-82.4%), from €13,557 to €2,383
- Debts after one year -€7,656
down €7,656 (-100%), from €7,656 to €0
- Gross operating margin -€152,088
down €152,088 (-46.7%), from €325,364 to €173,276
- Staff costs -€75,232
down €75,232 (-28.5%), from €263,869 to €188,637
- Depreciation -€20,230
down €20,230 (-100%), from €20,230 to €0
- Taxes -€7,084
down €7,084 (-93.3%), from €7,597 to €513
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,879 | €36,168 | -€125,712 | -77.7% |
| Fixed assets | 21/28 | €84,944 | €1,362 | -€83,581 | -98.4% |
| Tangible fixed assets | 22/27 | €83,581 | €0 | -€83,581 | -100% |
| Plant, machinery and equipment | 23 | €15,131 | €0 | -€15,131 | -100% |
| Leasing and similar rights | 25 | €15,634 | €0 | -€15,634 | -100% |
| Other tangible fixed assets | 26 | €52,816 | €0 | -€52,816 | -100% |
| Financial fixed assets | 28 | €1,362 | €1,362 | = | 0.0% |
| Current assets | 29/58 | €76,935 | €34,805 | -€42,130 | -54.8% |
| Stocks and contracts in progress | 3 | €10,080 | €0 | -€10,080 | -100% |
| Stocks | 30/36 | €10,080 | €0 | -€10,080 | -100% |
| Amounts receivable within one year | 40/41 | €38,548 | €21,613 | -€16,935 | -43.9% |
| Trade receivables | 40 | €6,116 | €1,018 | -€5,098 | -83.4% |
| Other amounts receivable | 41 | €32,432 | €20,595 | -€11,837 | -36.5% |
| Cash at bank and in hand | 54/58 | €24,117 | €13,192 | -€10,925 | -45.3% |
| Deferred charges and accrued income | 490/1 | €4,190 | €0 | -€4,190 | -100% |
| Total equity and liabilities | 10/49 | €161,879 | €36,168 | -€125,712 | -77.7% |
| Equity | 10/15 | €50,721 | €18,563 | -€32,157 | -63.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,121 | -€37 | -€32,157 | |
| Amounts payable | 17/49 | €111,159 | €17,604 | -€93,555 | -84.2% |
| Amounts payable after more than one year | 17 | €7,656 | €0 | -€7,656 | -100% |
| Financial debts | 170/4 | €7,656 | €0 | -€7,656 | -100% |
| Amounts payable within one year | 42/48 | €103,503 | €17,604 | -€85,898 | -83.0% |
| Current portion of amounts payable after more than one year | 42 | €5,700 | €0 | -€5,700 | -100% |
| Trade debts | 44 | €40,149 | €2,025 | -€38,124 | -95.0% |
| Suppliers | 440/4 | €40,149 | €2,025 | -€38,124 | -95.0% |
| Taxes, remuneration and social security | 45 | €44,097 | €13,197 | -€30,900 | -70.1% |
| Taxes | 450/3 | €8,830 | €8,139 | -€691 | -7.8% |
| Remuneration and social security | 454/9 | €35,266 | €5,058 | -€30,209 | -85.7% |
| Other amounts payable | 47/48 | €13,557 | €2,383 | -€11,174 | -82.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €350 | €7,236 | +€6,886 | +1,967% |
| Remuneration, social security and pensions | 62 | €263,869 | €188,637 | -€75,232 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,230 | €0 | -€20,230 | -100% |
| Other operating charges | 640/8 | €4,715 | €6,418 | +€1,703 | +36.1% |
| Non-recurring operating charges | 66A | €3,000 | €6,911 | +€3,911 | +130% |
| Gross operating margin | 9900 | €325,364 | €173,276 | -€152,088 | -46.7% |
| Operating profit (loss) | 9901 | €33,551 | -€28,690 | -€62,241 | |
| Financial income | 75/76B | €502 | €16 | -€486 | -96.8% |
| Recurring financial income | 75 | €502 | €16 | -€486 | -96.8% |
| Financial charges | 65/66B | €3,377 | €2,970 | -€407 | -12.0% |
| Recurring financial charges | 65 | €3,377 | €2,970 | -€407 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €30,676 | -€31,644 | -€62,321 | |
| Income taxes | 67/77 | €7,597 | €513 | -€7,084 | -93.3% |
| Profit (loss) for the period | 9904 | €23,080 | -€32,157 | -€55,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,080 | -€32,157 | -€55,237 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.