Folie à Trois: what changed
Folie à Trois
Largest movements
- Stocks and contracts -€8,820
down €8,820 (-22.9%), from €38,524 to €29,704
- Receivables within one year -€7,174
down €7,174 (-46.5%), from €15,419 to €8,245
of which Trade receivables: -€8,351
- Tangible fixed assets -€3,446
down €3,446 (-39.2%), from €8,783 to €5,337
of which Plant, machinery and equipment: -€2,029
- Deferred charges and accrued income +€1,871
up €1,871 (+44.9%), from €4,165 to €6,036
- Profit (loss) carried forward -€22,786
down €22,786, from €13,235 to -€9,551
- Debts after one year -€17,149
down €17,149 (-100%), from €17,149 to €0
- Trade debts +€13,839
up €13,839 (+169%), from €8,170 to €22,009
- Other debts +€8,801
up €8,801 (+68.4%), from €12,873 to €21,675
- Gross operating margin -€20,233
down €20,233, from €11,317 to -€8,916
- Financial income -€1,609
down €1,609 (-95.4%), from €1,687 to €78
- Financial charges -€1,125
down €1,125 (-19.8%), from €5,683 to €4,558
- Staff costs -€763
down €763 (-13.0%), from €5,890 to €5,127
- Taxes -€574
down €574 (-68.5%), from €838 to €264
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 | €76,090 | €58,414 | -€17,676 | -23.2% |
| Fixed assets | 21/28 | €15,710 | €12,831 | -€2,879 | -18.3% |
| Intangible fixed assets | 21 | €298 | €212 | -€87 | -29.0% |
| Tangible fixed assets | 22/27 | €8,783 | €5,337 | -€3,446 | -39.2% |
| Plant, machinery and equipment | 23 | €6,154 | €4,125 | -€2,029 | -33.0% |
| Furniture and vehicles | 24 | €2,629 | €1,212 | -€1,417 | -53.9% |
| Financial fixed assets | 28 | €6,629 | €7,282 | +€653 | +9.9% |
| Current assets | 29/58 | €60,380 | €45,583 | -€14,797 | -24.5% |
| Stocks and contracts in progress | 3 | €38,524 | €29,704 | -€8,820 | -22.9% |
| Stocks | 30/36 | €38,524 | €29,704 | -€8,820 | -22.9% |
| Amounts receivable within one year | 40/41 | €15,419 | €8,245 | -€7,174 | -46.5% |
| Trade receivables | 40 | €11,922 | €3,572 | -€8,351 | -70.0% |
| Other amounts receivable | 41 | €3,497 | €4,674 | +€1,177 | +33.7% |
| Cash at bank and in hand | 54/58 | €2,272 | €1,598 | -€674 | -29.7% |
| Deferred charges and accrued income | 490/1 | €4,165 | €6,036 | +€1,871 | +44.9% |
| Total equity and liabilities | 10/49 | €76,090 | €58,414 | -€17,676 | -23.2% |
| Equity | 10/15 | €17,235 | -€5,551 | -€22,786 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,235 | -€9,551 | -€22,786 | |
| Amounts payable | 17/49 | €58,855 | €63,964 | +€5,109 | +8.7% |
| Amounts payable after more than one year | 17 | €17,149 | €0 | -€17,149 | -100% |
| Financial debts | 170/4 | €17,149 | €0 | -€17,149 | -100% |
| Amounts payable within one year | 42/48 | €41,706 | €63,964 | +€22,258 | +53.4% |
| Current portion of amounts payable after more than one year | 42 | €16,851 | €17,149 | +€297 | +1.8% |
| Trade debts | 44 | €8,170 | €22,009 | +€13,839 | +169% |
| Suppliers | 440/4 | €8,170 | €22,009 | +€13,839 | +169% |
| Taxes, remuneration and social security | 45 | €3,812 | €3,133 | -€679 | -17.8% |
| Taxes | 450/3 | €3,168 | €2,378 | -€790 | -24.9% |
| Remuneration and social security | 454/9 | €644 | €755 | +€111 | +17.2% |
| Other amounts payable | 47/48 | €12,873 | €21,675 | +€8,801 | +68.4% |
| Remuneration, social security and pensions | 62 | €5,890 | €5,127 | -€763 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,967 | €3,533 | -€434 | -11.0% |
| Other operating charges | 640/8 | €64 | €465 | +€402 | +629% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €11,317 | -€8,916 | -€20,233 | |
| Operating profit (loss) | 9901 | €1,396 | -€18,041 | -€19,438 | |
| Financial income | 75/76B | €1,687 | €78 | -€1,609 | -95.4% |
| Recurring financial income | 75 | €1,687 | €78 | -€1,609 | -95.4% |
| Financial charges | 65/66B | €5,683 | €4,558 | -€1,125 | -19.8% |
| Recurring financial charges | 65 | €5,683 | €4,558 | -€1,125 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,600 | -€22,522 | -€19,922 | -766% |
| Income taxes | 67/77 | €838 | €264 | -€574 | -68.5% |
| Profit (loss) for the period | 9904 | -€3,438 | -€22,786 | -€19,348 | -563% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,438 | -€22,786 | -€19,348 | -563% |
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 7 November 2026 via checked.be.