FOLLAETS PAINTING: what changed
What changed
FOLLAETS PAINTING
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€76,594
2024 · -€347,970+€424,564
Equity
€16,283
2024 · -€60,311+€76,594
Cash
€53,757
2024 · €57,943-€4,186
Balance sheet total
€542,859
2024 · €597,998-€55,139
Largest movements
Assets
- Deferred charges and accrued income -€21,424
down €21,424 (-87.8%), from €24,400 to €2,976
- Tangible fixed assets -€15,551
down €15,551 (-5.3%), from €293,343 to €277,792
of which Land and buildings: -€12,836
- Receivables within one year -€12,366
down €12,366 (-6.7%), from €184,282 to €171,916
of which Trade receivables: -€13,254
Equity and liabilities
- Other debts -€276,992
down €276,992 (-75.8%), from €365,258 to €88,267
- Debts after one year +€247,250
up €247,250 (+326%), from €75,790 to €323,040
- Trade debts -€112,296
down €112,296 (-70.2%), from €159,925 to €47,628
- Profit (loss) carried forward +€76,594
up €76,594 (+21.7%), from -€353,384 to -€276,790
- Current portion of long-term debt +€38,207
up €38,207 (+334%), from €11,442 to €49,650
Income statement
- Gross operating margin +€364,406
up €364,406 (+118%), from €308,736 to €673,142
- Staff costs -€66,026
down €66,026 (-10.7%), from €614,351 to €548,325
- Financial charges +€9,438
up €9,438 (+65.1%), from €14,488 to €23,926
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.
Result 2024
-€347,970
Gross operating margin
+€364,406
Staff costs
+€66,026
Depreciation
+€1,296
Other operating charges
+€5,312
Other operating items
-€731
Financial income
+€45
Financial charges
-€9,438
Taxes
-€2,352
Result 2025
€76,594
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€290,663
Investment
+€1,020
Financing
+€285,457
Cash 2024
€57,943
From operations (derived)
-€290,663
Net result for the year
+€76,594
Depreciation
+€18,783
Stocks and contracts
-€2,641
Receivables within one year
+€12,366
Deferred charges and accrued income
+€21,424
Trade debts
-€112,296
Tax, wage and social debts
-€27,902
Other debts
-€276,992
Investment (derived)
+€1,020
Investment in fixed assets (net)
+€1,020
Financing
+€285,457
Debts after one year
+€247,250
Current portion of long-term debt
+€38,207
Cash 2025
€53,757
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €597,998 | €542,859 | -€55,139 | -9.2% |
| Fixed assets | 21/28 | €309,013 | €289,211 | -€19,803 | -6.4% |
| Intangible fixed assets | 21 | €15,381 | €11,418 | -€3,963 | -25.8% |
| Tangible fixed assets | 22/27 | €293,343 | €277,792 | -€15,551 | -5.3% |
| Land and buildings | 22 | €286,353 | €273,517 | -€12,836 | -4.5% |
| Plant, machinery and equipment | 23 | €1,482 | €897 | -€585 | -39.5% |
| Furniture and vehicles | 24 | €5,508 | €3,378 | -€2,131 | -38.7% |
| Financial fixed assets | 28 | €289 | - | -€289 | |
| Current assets | 29/58 | €288,984 | €253,648 | -€35,336 | -12.2% |
| Stocks and contracts in progress | 3 | €22,359 | €25,000 | +€2,641 | +11.8% |
| Stocks | 30/36 | €22,359 | €25,000 | +€2,641 | +11.8% |
| Amounts receivable within one year | 40/41 | €184,282 | €171,916 | -€12,366 | -6.7% |
| Trade receivables | 40 | €178,503 | €165,249 | -€13,254 | -7.4% |
| Other amounts receivable | 41 | €5,779 | €6,666 | +€888 | +15.4% |
| Cash at bank and in hand | 54/58 | €57,943 | €53,757 | -€4,186 | -7.2% |
| Deferred charges and accrued income | 490/1 | €24,400 | €2,976 | -€21,424 | -87.8% |
| Total equity and liabilities | 10/49 | €597,998 | €542,859 | -€55,139 | -9.2% |
| Equity | 10/15 | -€60,311 | €16,283 | +€76,594 | |
| Contributions | 10/11 | €115,383 | €115,383 | = | 0.0% |
| Reserves | 13 | €177,690 | €177,690 | = | 0.0% |
| Distributable reserves | 133 | €177,690 | €177,690 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€353,384 | -€276,790 | +€76,594 | +21.7% |
| Amounts payable | 17/49 | €658,308 | €526,575 | -€131,733 | -20.0% |
| Amounts payable after more than one year | 17 | €75,790 | €323,040 | +€247,250 | +326% |
| Financial debts | 170/4 | €75,790 | €323,040 | +€247,250 | +326% |
| Amounts payable within one year | 42/48 | €582,519 | €203,536 | -€378,983 | -65.1% |
| Current portion of amounts payable after more than one year | 42 | €11,442 | €49,650 | +€38,207 | +334% |
| Trade debts | 44 | €159,925 | €47,628 | -€112,296 | -70.2% |
| Suppliers | 440/4 | €159,925 | €47,628 | -€112,296 | -70.2% |
| Taxes, remuneration and social security | 45 | €45,893 | €17,991 | -€27,902 | -60.8% |
| Taxes | 450/3 | €6,103 | €2,661 | -€3,443 | -56.4% |
| Remuneration and social security | 454/9 | €39,790 | €15,330 | -€24,460 | -61.5% |
| Other amounts payable | 47/48 | €365,258 | €88,267 | -€276,992 | -75.8% |
| Remuneration, social security and pensions | 62 | €614,351 | €548,325 | -€66,026 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,079 | €18,783 | -€1,296 | -6.5% |
| Other operating charges | 640/8 | €8,454 | €3,143 | -€5,312 | -62.8% |
| Non-recurring operating charges | 66A | - | €731 | +€731 | |
| Gross operating margin | 9900 | €308,736 | €673,142 | +€364,406 | +118% |
| Operating profit (loss) | 9901 | -€334,148 | €102,162 | +€436,310 | |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €14,488 | €23,926 | +€9,438 | +65.1% |
| Recurring financial charges | 65 | €14,488 | €23,926 | +€9,438 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | -€348,636 | €78,280 | +€426,916 | |
| Income taxes | 67/77 | -€666 | €1,686 | +€2,352 | |
| Profit (loss) for the period | 9904 | -€347,970 | €76,594 | +€424,564 | |
| Profit (loss) for the period to be appropriated | 9905 | -€347,970 | €76,594 | +€424,564 |
Next steps
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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 5 November 2026 via checked.be.