FOLLIES: 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.
FOLLIES
Largest movements
- Deferred charges and accrued income +€27,538
up €27,538 (+173%), from €15,900 to €43,438
- Stocks and contracts -€19,847
down €19,847 (-16.7%), from €118,525 to €98,679
- Cash +€10,330
up €10,330 (+6.4%), from €160,500 to €170,831
mainly Trade debts (+€44,435) and Stocks and contracts (+€19,847)
- Trade debts +€44,435
up €44,435 (+26,285%), from €169 to €44,604
- Other debts -€27,891
down €27,891 (-13.6%), from €205,083 to €177,192
- Reserves +€11,856
up €11,856 (+9.0%), from €132,067 to €143,923
of which Distributable reserves: +€11,856
- Tax, wage and social debts -€5,064
down €5,064 (-17.0%), from €29,739 to €24,675
of which Taxes: -€6,162
- Staff costs +€14,307
up €14,307 (+17.2%), from €82,949 to €97,255
- Gross operating margin +€6,329
up €6,329 (+4.9%), from €128,491 to €134,819
- Taxes -€2,358
down €2,358 (-25.0%), from €9,440 to €7,082
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.
Derived cash bridge
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 | €385,649 | €408,986 | +€23,336 | +6.1% |
| Fixed assets | 21/28 | €87,741 | €90,015 | +€2,273 | +2.6% |
| Tangible fixed assets | 22/27 | €82,754 | €84,157 | +€1,403 | +1.7% |
| Land and buildings | 22 | €60,411 | €68,105 | +€7,694 | +12.7% |
| Plant, machinery and equipment | 23 | €16,482 | €11,864 | -€4,618 | -28.0% |
| Furniture and vehicles | 24 | €5,862 | €4,189 | -€1,673 | -28.5% |
| Financial fixed assets | 28 | €4,987 | €5,858 | +€871 | +17.5% |
| Current assets | 29/58 | €297,908 | €318,971 | +€21,063 | +7.1% |
| Stocks and contracts in progress | 3 | €118,525 | €98,679 | -€19,847 | -16.7% |
| Stocks | 30/36 | €118,525 | €98,679 | -€19,847 | -16.7% |
| Amounts receivable within one year | 40/41 | €2,983 | €6,024 | +€3,041 | +102% |
| Trade receivables | 40 | - | €106 | +€106 | |
| Other amounts receivable | 41 | €2,983 | €5,918 | +€2,935 | +98.4% |
| Cash at bank and in hand | 54/58 | €160,500 | €170,831 | +€10,330 | +6.4% |
| Deferred charges and accrued income | 490/1 | €15,900 | €43,438 | +€27,538 | +173% |
| Total equity and liabilities | 10/49 | €385,649 | €408,986 | +€23,336 | +6.1% |
| Equity | 10/15 | €150,659 | €162,515 | +€11,856 | +7.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €132,067 | €143,923 | +€11,856 | +9.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €119,672 | €131,528 | +€11,856 | +9.9% |
| Amounts payable | 17/49 | €234,991 | €246,471 | +€11,480 | +4.9% |
| Amounts payable within one year | 42/48 | €234,991 | €246,471 | +€11,480 | +4.9% |
| Trade debts | 44 | €169 | €44,604 | +€44,435 | +26,285% |
| Suppliers | 440/4 | €169 | €44,604 | +€44,435 | +26,285% |
| Taxes, remuneration and social security | 45 | €29,739 | €24,675 | -€5,064 | -17.0% |
| Taxes | 450/3 | €18,952 | €12,790 | -€6,162 | -32.5% |
| Remuneration and social security | 454/9 | €10,787 | €11,885 | +€1,098 | +10.2% |
| Other amounts payable | 47/48 | €205,083 | €177,192 | -€27,891 | -13.6% |
| Remuneration, social security and pensions | 62 | €82,949 | €97,255 | +€14,307 | +17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,895 | €15,641 | +€746 | +5.0% |
| Other operating charges | 640/8 | €2,221 | €913 | -€1,308 | -58.9% |
| Gross operating margin | 9900 | €128,491 | €134,819 | +€6,329 | +4.9% |
| Operating profit (loss) | 9901 | €28,426 | €21,010 | -€7,416 | -26.1% |
| Financial income | 75/76B | €1,893 | €580 | -€1,313 | -69.4% |
| Recurring financial income | 75 | €1,893 | €580 | -€1,313 | -69.4% |
| Financial charges | 65/66B | €2,888 | €2,651 | -€237 | -8.2% |
| Recurring financial charges | 65 | €2,888 | €2,651 | -€237 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €27,431 | €18,939 | -€8,492 | -31.0% |
| Income taxes | 67/77 | €9,440 | €7,082 | -€2,358 | -25.0% |
| Profit (loss) for the period | 9904 | €17,991 | €11,856 | -€6,135 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,991 | €11,856 | -€6,135 | -34.1% |
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 18 October 2026 via checked.be.