FOLK: 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.
FOLK
Largest movements
- Cash +€49,731
up €49,731 (+152.3%), from €32,647 to €82,378
mainly Net result for the year (+€49,158) and Tax, wage and social debts (+€13,811)
- Tangible fixed assets +€14,074
up €14,074 (+97.7%), from €14,400 to €28,474
of which Furniture and vehicles: +€12,884
- Reserves +€49,158
up €49,158 (+266.5%), from €18,444 to €67,602
- Tax, wage and social debts +€13,811
up €13,811 (+79.7%), from €17,326 to €31,137
- Other debts +€1,399
up €1,399 (+13.0%), from €10,764 to €12,163
- Gross operating margin +€40,109
up €40,109 (+104.6%), from €38,352 to €78,461
- Taxes +€8,631
up €8,631 (+76.7%), from €11,253 to €19,884
- Depreciation +€2,075
up €2,075 (+52.3%), from €3,971 to €6,046
- Financial charges -€1,193
down €1,193 (-40.3%), from €2,963 to €1,770
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 | €51,533 | €116,197 | +€64,664 | +125.5% |
| Fixed assets | 21/28 | €14,400 | €28,474 | +€14,074 | +97.7% |
| Tangible fixed assets | 22/27 | €14,400 | €28,474 | +€14,074 | +97.7% |
| Plant, machinery and equipment | 23 | - | €1,189 | +€1,189 | |
| Furniture and vehicles | 24 | €14,400 | €27,285 | +€12,884 | +89.5% |
| Current assets | 29/58 | €37,133 | €87,722 | +€50,590 | +136.2% |
| Stocks and contracts in progress | 3 | €1,389 | €2,434 | +€1,045 | +75.2% |
| Stocks | 30/36 | €1,389 | €2,434 | +€1,045 | +75.2% |
| Amounts receivable within one year | 40/41 | €3,096 | €2,910 | -€186 | -6.0% |
| Trade receivables | 40 | €3,096 | €1,400 | -€1,696 | -54.8% |
| Other amounts receivable | 41 | - | €1,510 | +€1,510 | |
| Cash at bank and in hand | 54/58 | €32,647 | €82,378 | +€49,731 | +152.3% |
| Total equity and liabilities | 10/49 | €51,533 | €116,197 | +€64,664 | +125.5% |
| Equity | 10/15 | €23,444 | €72,602 | +€49,158 | +209.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,444 | €67,602 | +€49,158 | +266.5% |
| Distributable reserves | 133 | €18,444 | €67,602 | +€49,158 | +266.5% |
| Amounts payable | 17/49 | €28,089 | €43,595 | +€15,505 | +55.2% |
| Amounts payable within one year | 42/48 | €28,089 | €43,595 | +€15,505 | +55.2% |
| Trade debts | 44 | - | €295 | +€295 | |
| Suppliers | 440/4 | - | €295 | +€295 | |
| Taxes, remuneration and social security | 45 | €17,326 | €31,137 | +€13,811 | +79.7% |
| Taxes | 450/3 | €17,326 | €31,137 | +€13,811 | +79.7% |
| Other amounts payable | 47/48 | €10,764 | €12,163 | +€1,399 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,971 | €6,046 | +€2,075 | +52.3% |
| Other operating charges | 640/8 | €1,721 | €2,177 | +€456 | +26.5% |
| Gross operating margin | 9900 | €38,352 | €78,461 | +€40,109 | +104.6% |
| Operating profit (loss) | 9901 | €32,660 | €70,238 | +€37,578 | +115.1% |
| Financial income | 75/76B | - | €575 | +€575 | |
| Recurring financial income | 75 | - | €575 | +€575 | |
| Financial charges | 65/66B | €2,963 | €1,770 | -€1,193 | -40.3% |
| Recurring financial charges | 65 | €2,963 | €1,770 | -€1,193 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €29,696 | €69,042 | +€39,346 | +132.5% |
| Income taxes | 67/77 | €11,253 | €19,884 | +€8,631 | +76.7% |
| Profit (loss) for the period | 9904 | €18,444 | €49,158 | +€30,715 | +166.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,444 | €49,158 | +€30,715 | +166.5% |
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 5 October 2026 via checked.be.