FOLLIS: 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.
FOLLIS
Largest movements
- Tangible fixed assets -€32,926
down €32,926 (-10.3%), from €321,083 to €288,158
of which Furniture and vehicles: -€18,157
- Cash -€21,403
down €21,403 (-74.4%), from €28,765 to €7,361
mainly Debts after one year (-€31,213) and Net result for the year (-€21,761)
- Receivables within one year +€10,939
up €10,939 (+19.0%), from €57,580 to €68,519
of which Trade receivables: +€7,312
- Debts after one year -€31,213
down €31,213 (-15.2%), from €205,733 to €174,520
- Reserves -€21,761
down €21,761 (-21.2%), from €102,435 to €80,674
- Tax, wage and social debts +€10,526
up €10,526 (+78.3%), from €13,435 to €23,961
- Other debts -€7,767
down €7,767 (-15.1%), from €51,560 to €43,792
- Trade debts +€5,525
up €5,525 (+40.1%), from €13,774 to €19,299
- Gross operating margin -€41,244
down €41,244 (-69.0%), from €59,815 to €18,572
- Taxes -€6,489
down €6,489, from €6,088 to -€401
- Other operating charges -€1,189
down €1,189 (-38.5%), from €3,084 to €1,895
- Financial charges -€1,006
down €1,006 (-20.0%), from €5,040 to €4,034
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 | €438,096 | €394,210 | -€43,886 | -10.0% |
| Fixed assets | 21/28 | €321,083 | €288,158 | -€32,926 | -10.3% |
| Tangible fixed assets | 22/27 | €321,083 | €288,158 | -€32,926 | -10.3% |
| Land and buildings | 22 | €246,071 | €234,421 | -€11,650 | -4.7% |
| Plant, machinery and equipment | 23 | €5,502 | €3,363 | -€2,139 | -38.9% |
| Furniture and vehicles | 24 | €62,396 | €44,239 | -€18,157 | -29.1% |
| Other tangible fixed assets | 26 | €7,115 | €6,135 | -€979 | -13.8% |
| Current assets | 29/58 | €117,013 | €106,053 | -€10,960 | -9.4% |
| Stocks and contracts in progress | 3 | €25,797 | €25,793 | -€5 | 0.0% |
| Stocks | 30/36 | €25,797 | €25,793 | -€5 | 0.0% |
| Amounts receivable within one year | 40/41 | €57,580 | €68,519 | +€10,939 | +19.0% |
| Trade receivables | 40 | €56,094 | €63,406 | +€7,312 | +13.0% |
| Other amounts receivable | 41 | €1,486 | €5,113 | +€3,627 | +244.1% |
| Current investments | 50/53 | €3,433 | €3,433 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,765 | €7,361 | -€21,403 | -74.4% |
| Deferred charges and accrued income | 490/1 | €1,438 | €947 | -€492 | -34.2% |
| Total equity and liabilities | 10/49 | €438,096 | €394,210 | -€43,886 | -10.0% |
| Equity | 10/15 | €121,035 | €99,274 | -€21,761 | -18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €102,435 | €80,674 | -€21,761 | -21.2% |
| Distributable reserves | 133 | €102,435 | €80,674 | -€21,761 | -21.2% |
| Amounts payable | 17/49 | €317,061 | €294,936 | -€22,125 | -7.0% |
| Amounts payable after more than one year | 17 | €205,733 | €174,520 | -€31,213 | -15.2% |
| Financial debts | 170/4 | €205,733 | €174,520 | -€31,213 | -15.2% |
| Amounts payable within one year | 42/48 | €109,244 | €118,265 | +€9,021 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €30,475 | €31,213 | +€738 | +2.4% |
| Trade debts | 44 | €13,774 | €19,299 | +€5,525 | +40.1% |
| Suppliers | 440/4 | €13,774 | €19,299 | +€5,525 | +40.1% |
| Taxes, remuneration and social security | 45 | €13,435 | €23,961 | +€10,526 | +78.3% |
| Taxes | 450/3 | €13,435 | €23,961 | +€10,526 | +78.3% |
| Other amounts payable | 47/48 | €51,560 | €43,792 | -€7,767 | -15.1% |
| Accrued charges and deferred income | 492/3 | €2,084 | €2,151 | +€67 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,703 | €34,805 | +€102 | +0.3% |
| Other operating charges | 640/8 | €3,084 | €1,895 | -€1,189 | -38.5% |
| Gross operating margin | 9900 | €59,815 | €18,572 | -€41,244 | -69.0% |
| Operating profit (loss) | 9901 | €22,029 | -€18,128 | -€40,157 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +1300.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1300.0% |
| Financial charges | 65/66B | €5,040 | €4,034 | -€1,006 | -20.0% |
| Recurring financial charges | 65 | €5,040 | €4,034 | -€1,006 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €16,989 | -€22,162 | -€39,151 | |
| Income taxes | 67/77 | €6,088 | -€401 | -€6,489 | |
| Profit (loss) for the period | 9904 | €10,901 | -€21,761 | -€32,661 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,901 | -€21,761 | -€32,661 |
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 9 October 2026 via checked.be.