FOLLET: 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.
FOLLET
Largest movements
- Receivables within one year -€18,986
down €18,986 (-55.4%), from €34,288 to €15,302
- Cash +€11,484
up €11,484 (+94.6%), from €12,139 to €23,623
mainly Receivables within one year (+€18,986) and Stocks and contracts (+€10,126)
- Stocks and contracts -€10,126
down €10,126 (-3.9%), from €258,144 to €248,018
- Profit (loss) carried forward -€26,619
down €26,619 (-18.3%), from €145,827 to €119,207
- Debts after one year +€8,689
new in 2024: €8,689
- Current portion of long-term debt +€6,097
new in 2024: €6,097
- Trade debts +€5,551
up €5,551 (+21.0%), from €26,448 to €31,999
- Other debts -€5,134
down €5,134 (-11.1%), from €46,326 to €41,192
- Gross operating margin -€30,547
down €30,547 (-31.5%), from €96,921 to €66,374
- Staff costs -€3,612
down €3,612 (-4.6%), from €78,170 to €74,557
- Taxes -€1,942
down €1,942 (-65.7%), from €2,954 to €1,012
- Financial charges +€1,283
up €1,283 (+14.6%), from €8,804 to €10,087
- Other operating charges +€1,250
up €1,250 (+27.9%), from €4,489 to €5,739
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,631 | €299,365 | -€15,266 | -4.9% |
| Fixed assets | 21/28 | €5,983 | €7,337 | +€1,354 | +22.6% |
| Tangible fixed assets | 22/27 | €5,953 | €7,307 | +€1,354 | +22.8% |
| Plant, machinery and equipment | 23 | €4,195 | €4,612 | +€418 | +10.0% |
| Furniture and vehicles | 24 | €1,758 | €2,695 | +€937 | +53.3% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €308,648 | €292,028 | -€16,620 | -5.4% |
| Stocks and contracts in progress | 3 | €258,144 | €248,018 | -€10,126 | -3.9% |
| Stocks | 30/36 | €258,144 | €248,018 | -€10,126 | -3.9% |
| Amounts receivable within one year | 40/41 | €34,288 | €15,302 | -€18,986 | -55.4% |
| Trade receivables | 40 | €34,288 | €15,302 | -€18,986 | -55.4% |
| Cash at bank and in hand | 54/58 | €12,139 | €23,623 | +€11,484 | +94.6% |
| Deferred charges and accrued income | 490/1 | €4,078 | €5,086 | +€1,007 | +24.7% |
| Total equity and liabilities | 10/49 | €314,631 | €299,365 | -€15,266 | -4.9% |
| Equity | 10/15 | €166,287 | €139,667 | -€26,619 | -16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,827 | €119,207 | -€26,619 | -18.3% |
| Amounts payable | 17/49 | €148,344 | €159,698 | +€11,353 | +7.7% |
| Amounts payable after more than one year | 17 | - | €8,689 | +€8,689 | |
| Financial debts | 170/4 | - | €8,689 | +€8,689 | |
| Amounts payable within one year | 42/48 | €148,344 | €151,008 | +€2,664 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,097 | +€6,097 | |
| Financial debts | 43 | €23,198 | €20,987 | -€2,211 | -9.5% |
| Credit institutions | 430/8 | €23,198 | €20,987 | -€2,211 | -9.5% |
| Trade debts | 44 | €26,448 | €31,999 | +€5,551 | +21.0% |
| Suppliers | 440/4 | €26,448 | €31,999 | +€5,551 | +21.0% |
| Taxes, remuneration and social security | 45 | €52,372 | €50,733 | -€1,640 | -3.1% |
| Taxes | 450/3 | €42,749 | €38,172 | -€4,577 | -10.7% |
| Remuneration and social security | 454/9 | €9,624 | €12,561 | +€2,938 | +30.5% |
| Other amounts payable | 47/48 | €46,326 | €41,192 | -€5,134 | -11.1% |
| Remuneration, social security and pensions | 62 | €78,170 | €74,557 | -€3,612 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,268 | €2,967 | -€301 | -9.2% |
| Other operating charges | 640/8 | €4,489 | €5,739 | +€1,250 | +27.9% |
| Gross operating margin | 9900 | €96,921 | €66,374 | -€30,547 | -31.5% |
| Operating profit (loss) | 9901 | €10,994 | -€16,889 | -€27,883 | |
| Financial income | 75/76B | €590 | €1,369 | +€780 | +132.2% |
| Recurring financial income | 75 | €590 | €1,369 | +€780 | +132.2% |
| Financial charges | 65/66B | €8,804 | €10,087 | +€1,283 | +14.6% |
| Recurring financial charges | 65 | €8,804 | €10,087 | +€1,283 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €2,779 | -€25,607 | -€28,386 | |
| Income taxes | 67/77 | €2,954 | €1,012 | -€1,942 | -65.7% |
| Profit (loss) for the period | 9904 | -€175 | -€26,619 | -€26,445 | -15138.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€175 | -€26,619 | -€26,445 | -15138.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.