FOLA5: 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.
FOLA5
Largest movements
- Cash -€11,815
down €11,815 (-28.3%), from €41,802 to €29,987
mainly Net result for the year (-€28,389) and Trade debts (-€2,080)
- Tangible fixed assets -€7,184
down €7,184 (-34.4%), from €20,872 to €13,688
- Deferred charges and accrued income -€3,673
down €3,673 (-24.2%), from €15,156 to €11,483
- Receivables within one year -€2,802
down €2,802 (-27.1%), from €10,325 to €7,523
of which Trade receivables: -€2,750
- Profit (loss) carried forward -€28,389
down €28,389 (-35.9%), from -€79,012 to -€107,401
- Other debts +€5,281
up €5,281 (+14.9%), from €35,381 to €40,661
- Trade debts -€2,080
down €2,080 (-57.3%), from €3,632 to €1,552
- Gross operating margin -€30,793
down €30,793, from €15,903 to -€14,891
- Depreciation -€792
down €792 (-9.9%), from €7,976 to €7,184
- Other operating charges +€266
up €266 (+11.2%), from €2,371 to €2,637
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 | €94,525 | €69,096 | -€25,429 | -26.9% |
| Fixed assets | 21/28 | €20,872 | €13,688 | -€7,184 | -34.4% |
| Tangible fixed assets | 22/27 | €20,872 | €13,688 | -€7,184 | -34.4% |
| Plant, machinery and equipment | 23 | €3,206 | €1,161 | -€2,045 | -63.8% |
| Furniture and vehicles | 24 | €4,520 | €1,923 | -€2,598 | -57.5% |
| Other tangible fixed assets | 26 | €13,146 | €10,604 | -€2,541 | -19.3% |
| Current assets | 29/58 | €73,653 | €55,409 | -€18,244 | -24.8% |
| Amounts receivable within one year | 40/41 | €10,325 | €7,523 | -€2,802 | -27.1% |
| Trade receivables | 40 | €10,273 | €7,523 | -€2,750 | -26.8% |
| Other amounts receivable | 41 | €52 | - | -€52 | |
| Current investments | 50/53 | €6,370 | €6,415 | +€45 | +0.7% |
| Cash at bank and in hand | 54/58 | €41,802 | €29,987 | -€11,815 | -28.3% |
| Deferred charges and accrued income | 490/1 | €15,156 | €11,483 | -€3,673 | -24.2% |
| Total equity and liabilities | 10/49 | €94,525 | €69,096 | -€25,429 | -26.9% |
| Equity | 10/15 | -€29,012 | -€57,401 | -€28,389 | -97.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,012 | -€107,401 | -€28,389 | -35.9% |
| Amounts payable | 17/49 | €123,537 | €126,497 | +€2,960 | +2.4% |
| Amounts payable after more than one year | 17 | €80,000 | €80,000 | = | 0.0% |
| Other amounts payable | 178/9 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,937 | €44,897 | +€2,960 | +7.1% |
| Trade debts | 44 | €3,632 | €1,552 | -€2,080 | -57.3% |
| Suppliers | 440/4 | €3,632 | €1,552 | -€2,080 | -57.3% |
| Taxes, remuneration and social security | 45 | €2,924 | €2,684 | -€240 | -8.2% |
| Taxes | 450/3 | €1,924 | €1,684 | -€240 | -12.5% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €35,381 | €40,661 | +€5,281 | +14.9% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,976 | €7,184 | -€792 | -9.9% |
| Other operating charges | 640/8 | €2,371 | €2,637 | +€266 | +11.2% |
| Gross operating margin | 9900 | €15,903 | -€14,891 | -€30,793 | |
| Operating profit (loss) | 9901 | €5,555 | -€24,712 | -€30,267 | |
| Financial income | 75/76B | €65 | €64 | -€1 | -1.1% |
| Recurring financial income | 75 | €65 | €64 | -€1 | -1.1% |
| Financial charges | 65/66B | €3,586 | €3,502 | -€84 | -2.3% |
| Recurring financial charges | 65 | €3,586 | €3,502 | -€84 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €2,034 | -€28,150 | -€30,184 | |
| Income taxes | 67/77 | €217 | €239 | +€22 | +10.0% |
| Profit (loss) for the period | 9904 | €1,817 | -€28,389 | -€30,205 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,817 | -€28,389 | -€30,205 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.