FOLI-JAZZ: what changed
FOLI-JAZZ
Largest movements
- Cash +€106,968
up €106,968 (+375%), from €28,547 to €135,515
mainly Net result for the year (+€82,327) and Receivables within one year (+€30,093)
- Receivables within one year -€30,093
down €30,093 (-60.4%), from €49,784 to €19,691
of which Trade receivables: -€46,140
- Tangible fixed assets +€2,636
up €2,636 (+33.9%), from €7,771 to €10,406
- Deferred charges and accrued income +€1,847
up €1,847 (+199%), from €927 to €2,774
- Reserves +€62,327
up €62,327 (+304%), from €20,533 to €82,860
- Tax, wage and social debts +€24,630
up €24,630 (+710%), from €3,471 to €28,101
of which Taxes: +€20,596
- Trade debts -€17,802
down €17,802 (-42.7%), from €41,678 to €23,876
- Other debts +€16,768
up €16,768 (+232%), from €7,214 to €23,982
- Debts after one year -€2,800
down €2,800 (-20.3%), from €13,763 to €10,963
- Gross operating margin +€99,053
up €99,053 (+304%), from €32,542 to €131,595
- Taxes +€19,626
up €19,626 (+437%), from €4,489 to €24,115
- Staff costs +€11,809
up €11,809 (+265%), from €4,453 to €16,262
- Other operating charges +€4,475
up €4,475 (+754%), from €593 to €5,069
- Financial charges -€3,013
down €3,013 (-63.3%), from €4,756 to €1,743
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,203 | €173,610 | +€83,407 | +92.5% |
| Fixed assets | 21/28 | €7,771 | €10,406 | +€2,636 | +33.9% |
| Tangible fixed assets | 22/27 | €7,771 | €10,406 | +€2,636 | +33.9% |
| Plant, machinery and equipment | 23 | €7,771 | €10,406 | +€2,636 | +33.9% |
| Current assets | 29/58 | €82,432 | €163,203 | +€80,771 | +98.0% |
| Stocks and contracts in progress | 3 | €3,174 | €4,223 | +€1,049 | +33.0% |
| Stocks | 30/36 | €3,174 | €4,223 | +€1,049 | +33.0% |
| Amounts receivable within one year | 40/41 | €49,784 | €19,691 | -€30,093 | -60.4% |
| Trade receivables | 40 | €49,770 | €3,630 | -€46,140 | -92.7% |
| Other amounts receivable | 41 | €14 | €16,061 | +€16,047 | +114,458% |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €28,547 | €135,515 | +€106,968 | +375% |
| Deferred charges and accrued income | 490/1 | €927 | €2,774 | +€1,847 | +199% |
| Total equity and liabilities | 10/49 | €90,203 | €173,610 | +€83,407 | +92.5% |
| Equity | 10/15 | €21,133 | €83,460 | +€62,327 | +295% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €20,533 | €82,860 | +€62,327 | +304% |
| Distributable reserves | 133 | €20,533 | €82,860 | +€62,327 | +304% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €69,070 | €90,149 | +€21,079 | +30.5% |
| Amounts payable after more than one year | 17 | €13,763 | €10,963 | -€2,800 | -20.3% |
| Financial debts | 170/4 | €13,763 | €10,963 | -€2,800 | -20.3% |
| Amounts payable within one year | 42/48 | €54,880 | €78,759 | +€23,879 | +43.5% |
| Current portion of amounts payable after more than one year | 42 | €2,517 | €2,800 | +€283 | +11.2% |
| Trade debts | 44 | €41,678 | €23,876 | -€17,802 | -42.7% |
| Suppliers | 440/4 | €41,678 | €23,876 | -€17,802 | -42.7% |
| Taxes, remuneration and social security | 45 | €3,471 | €28,101 | +€24,630 | +710% |
| Taxes | 450/3 | €2,461 | €23,057 | +€20,596 | +837% |
| Remuneration and social security | 454/9 | €1,010 | €5,044 | +€4,035 | +400% |
| Other amounts payable | 47/48 | €7,214 | €23,982 | +€16,768 | +232% |
| Accrued charges and deferred income | 492/3 | €427 | €427 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €4,453 | €16,262 | +€11,809 | +265% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,683 | €2,196 | +€513 | +30.5% |
| Other operating charges | 640/8 | €593 | €5,069 | +€4,475 | +754% |
| Gross operating margin | 9900 | €32,542 | €131,595 | +€99,053 | +304% |
| Operating profit (loss) | 9901 | €25,813 | €108,069 | +€82,255 | +319% |
| Financial income | 75/76B | €39 | €117 | +€78 | +200% |
| Recurring financial income | 75 | €39 | €117 | +€78 | +200% |
| Financial charges | 65/66B | €4,756 | €1,743 | -€3,013 | -63.3% |
| Recurring financial charges | 65 | €4,756 | €1,743 | -€3,013 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €21,096 | €106,443 | +€85,346 | +405% |
| Income taxes | 67/77 | €4,489 | €24,115 | +€19,626 | +437% |
| Profit (loss) for the period | 9904 | €16,607 | €82,327 | +€65,720 | +396% |
| Profit (loss) for the period to be appropriated | 9905 | €16,607 | €82,327 | +€65,720 | +396% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.