FOLKSOFT: 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.
FOLKSOFT
Largest movements
- Tangible fixed assets -€22,597
down €22,597 (-37.6%), from €60,020 to €37,423
of which Leasing and similar rights: -€13,165
- Receivables within one year -€5,876
down €5,876 (-9.1%), from €64,252 to €58,376
of which Trade receivables: -€5,876
- Deferred charges and accrued income +€2,251
up €2,251 (+234.8%), from €959 to €3,209
- Profit (loss) carried forward +€33,306
up €33,306 (+38.9%), from €85,532 to €118,838
- Trade debts -€20,530
down €20,530 (-53.8%), from €38,162 to €17,632
- Other debts -€16,475
down €16,475 (-100.0%), from €16,475 to €0
- Debts after one year -€10,056
down €10,056 (-53.7%), from €18,714 to €8,659
- Tax, wage and social debts -€6,160
down €6,160 (-36.1%), from €17,073 to €10,913
of which Taxes: -€3,559
- Gross operating margin -€118,016
down €118,016 (-60.7%), from €194,554 to €76,538
- Staff costs -€94,413
down €94,413 (-81.4%), from €116,005 to €21,592
- Taxes -€6,313
down €6,313 (-39.9%), from €15,809 to €9,496
- Other operating charges -€3,803
down €3,803 (-84.7%), from €4,487 to €684
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 | €192,540 | €168,097 | -€24,443 | -12.7% |
| Fixed assets | 21/28 | €105,943 | €83,346 | -€22,597 | -21.3% |
| Tangible fixed assets | 22/27 | €60,020 | €37,423 | -€22,597 | -37.6% |
| Plant, machinery and equipment | 23 | €498 | €1,041 | +€544 | +109.3% |
| Furniture and vehicles | 24 | €46,357 | €36,381 | -€9,976 | -21.5% |
| Leasing and similar rights | 25 | €13,165 | €0 | -€13,165 | -100.0% |
| Financial fixed assets | 28 | €45,923 | €45,923 | = | 0.0% |
| Current assets | 29/58 | €86,597 | €84,751 | -€1,845 | -2.1% |
| Amounts receivable within one year | 40/41 | €64,252 | €58,376 | -€5,876 | -9.1% |
| Trade receivables | 40 | €62,095 | €56,218 | -€5,876 | -9.5% |
| Other amounts receivable | 41 | €2,158 | €2,158 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,386 | €23,166 | +€1,781 | +8.3% |
| Deferred charges and accrued income | 490/1 | €959 | €3,209 | +€2,251 | +234.8% |
| Total equity and liabilities | 10/49 | €192,540 | €168,097 | -€24,443 | -12.7% |
| Equity | 10/15 | €87,532 | €120,838 | +€33,306 | +38.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,532 | €118,838 | +€33,306 | +38.9% |
| Amounts payable | 17/49 | €105,008 | €47,259 | -€57,749 | -55.0% |
| Amounts payable after more than one year | 17 | €18,714 | €8,659 | -€10,056 | -53.7% |
| Financial debts | 170/4 | €18,714 | €8,659 | -€10,056 | -53.7% |
| Amounts payable within one year | 42/48 | €86,022 | €38,600 | -€47,422 | -55.1% |
| Current portion of amounts payable after more than one year | 42 | €14,273 | €10,056 | -€4,217 | -29.5% |
| Financial debts | 43 | €39 | - | -€39 | |
| Credit institutions | 430/8 | €39 | - | -€39 | |
| Trade debts | 44 | €38,162 | €17,632 | -€20,530 | -53.8% |
| Suppliers | 440/4 | €38,162 | €17,632 | -€20,530 | -53.8% |
| Taxes, remuneration and social security | 45 | €17,073 | €10,913 | -€6,160 | -36.1% |
| Taxes | 450/3 | €14,471 | €10,913 | -€3,559 | -24.6% |
| Remuneration and social security | 454/9 | €2,602 | - | -€2,602 | |
| Other amounts payable | 47/48 | €16,475 | €0 | -€16,475 | -100.0% |
| Accrued charges and deferred income | 492/3 | €271 | €0 | -€271 | -100.0% |
| Remuneration, social security and pensions | 62 | €116,005 | €21,592 | -€94,413 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,966 | €10,463 | +€1,496 | +16.7% |
| Other operating charges | 640/8 | €4,487 | €684 | -€3,803 | -84.7% |
| Gross operating margin | 9900 | €194,554 | €76,538 | -€118,016 | -60.7% |
| Operating profit (loss) | 9901 | €65,095 | €43,799 | -€21,296 | -32.7% |
| Financial charges | 65/66B | €959 | €997 | +€38 | +4.0% |
| Recurring financial charges | 65 | €959 | €997 | +€38 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €64,136 | €42,802 | -€21,334 | -33.3% |
| Income taxes | 67/77 | €15,809 | €9,496 | -€6,313 | -39.9% |
| Profit (loss) for the period | 9904 | €48,327 | €33,306 | -€15,021 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,327 | €33,306 | -€15,021 | -31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.