FOLIBOU: 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.
FOLIBOU
Largest movements
- Cash -€36,552
down €36,552 (-16.9%), from €216,493 to €179,941
mainly Contributions, distributions and other (-€39,000) and Other debts (-€30,000)
- Receivables within one year +€7,206
up €7,206 (+363.5%), from €1,983 to €9,188
of which Other amounts receivable: +€5,936
- Other debts -€30,000
down €30,000 (-33.7%), from €89,041 to €59,041
- Trade debts -€8,741
down €8,741 (-7.1%), from €122,298 to €113,557
- Tax, wage and social debts +€8,396
up €8,396 (+23.0%), from €36,560 to €44,957
of which Taxes: +€5,012
- Gross operating margin -€40,413
down €40,413 (-18.6%), from €216,935 to €176,521
- Depreciation -€7,552
down €7,552 (-41.5%), from €18,179 to €10,628
- Taxes -€4,502
down €4,502 (-23.1%), from €19,475 to €14,973
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 | €390,369 | €360,767 | -€29,603 | -7.6% |
| Fixed assets | 21/28 | €35,831 | €32,769 | -€3,062 | -8.5% |
| Tangible fixed assets | 22/27 | €20,269 | €17,206 | -€3,062 | -15.1% |
| Plant, machinery and equipment | 23 | €1,786 | €1,467 | -€320 | -17.9% |
| Furniture and vehicles | 24 | €10,394 | €3,864 | -€6,531 | -62.8% |
| Other tangible fixed assets | 26 | €8,088 | €11,876 | +€3,788 | +46.8% |
| Financial fixed assets | 28 | €15,562 | €15,562 | = | 0.0% |
| Current assets | 29/58 | €354,538 | €327,998 | -€26,540 | -7.5% |
| Stocks and contracts in progress | 3 | €132,522 | €135,117 | +€2,595 | +2.0% |
| Stocks | 30/36 | €132,522 | €135,117 | +€2,595 | +2.0% |
| Amounts receivable within one year | 40/41 | €1,983 | €9,188 | +€7,206 | +363.5% |
| Trade receivables | 40 | €148 | €1,418 | +€1,270 | +858.0% |
| Other amounts receivable | 41 | €1,835 | €7,770 | +€5,936 | +323.6% |
| Cash at bank and in hand | 54/58 | €216,493 | €179,941 | -€36,552 | -16.9% |
| Deferred charges and accrued income | 490/1 | €3,541 | €3,751 | +€211 | +5.9% |
| Total equity and liabilities | 10/49 | €390,369 | €360,767 | -€29,603 | -7.6% |
| Equity | 10/15 | €142,469 | €143,212 | +€742 | +0.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €48,000 | €48,000 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | €48,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,469 | €65,212 | +€742 | +1.2% |
| Amounts payable | 17/49 | €247,900 | €217,555 | -€30,345 | -12.2% |
| Amounts payable within one year | 42/48 | €247,900 | €217,555 | -€30,345 | -12.2% |
| Trade debts | 44 | €122,298 | €113,557 | -€8,741 | -7.1% |
| Suppliers | 440/4 | €122,298 | €113,557 | -€8,741 | -7.1% |
| Taxes, remuneration and social security | 45 | €36,560 | €44,957 | +€8,396 | +23.0% |
| Taxes | 450/3 | €14,713 | €19,725 | +€5,012 | +34.1% |
| Remuneration and social security | 454/9 | €21,847 | €25,232 | +€3,384 | +15.5% |
| Other amounts payable | 47/48 | €89,041 | €59,041 | -€30,000 | -33.7% |
| Non-recurring operating income | 76A | €3,314 | €13,632 | +€10,318 | +311.4% |
| Remuneration, social security and pensions | 62 | €107,836 | €108,107 | +€272 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,179 | €10,628 | -€7,552 | -41.5% |
| Other operating charges | 640/8 | €1,229 | €1,749 | +€519 | +42.3% |
| Non-recurring operating charges | 66A | €135 | - | -€135 | |
| Gross operating margin | 9900 | €216,935 | €176,521 | -€40,413 | -18.6% |
| Operating profit (loss) | 9901 | €89,555 | €56,037 | -€33,518 | -37.4% |
| Financial income | 75/76B | €1,430 | €1,222 | -€209 | -14.6% |
| Recurring financial income | 75 | €1,430 | €1,222 | -€209 | -14.6% |
| Financial charges | 65/66B | €1,852 | €2,544 | +€692 | +37.3% |
| Recurring financial charges | 65 | €1,852 | €2,544 | +€692 | +37.3% |
| Profit (loss) for the period before taxes | 9903 | €89,133 | €54,715 | -€34,418 | -38.6% |
| Income taxes | 67/77 | €19,475 | €14,973 | -€4,502 | -23.1% |
| Profit (loss) for the period | 9904 | €69,658 | €39,742 | -€29,916 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €69,658 | €39,742 | -€29,916 | -42.9% |
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 7 October 2026 via checked.be.