Follo Belgium: 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.
Follo Belgium
Largest movements
- Cash -€69,802
down €69,802 (-65.6%), from €106,331 to €36,529
mainly Other debts (-€103,192) and Trade debts (-€38,010)
- Receivables within one year -€68,515
down €68,515 (-59.3%), from €115,551 to €47,035
- Deferred charges and accrued income +€31,887
up €31,887 (+824.8%), from €3,866 to €35,753
- Other debts -€103,192
down €103,192 (-78.6%), from €131,330 to €28,138
- Trade debts -€38,010
down €38,010 (-57.6%), from €65,994 to €27,984
- Tax, wage and social debts +€18,363
up €18,363 (+62.6%), from €29,321 to €47,684
of which Taxes: +€15,044
- Accrued charges and deferred income +€11,122
new in 2025: €11,122
- Profit (loss) carried forward +€3,953
up €3,953 (+7.6%), from -€52,332 to -€48,380
- Staff costs +€52,575
up €52,575 (+30.1%), from €174,935 to €227,510
- Gross operating margin +€12,420
up €12,420 (+5.3%), from €232,502 to €244,922
- Other operating charges +€9,764
up €9,764 (+698.9%), from €1,397 to €11,161
- Financial charges -€5,844
down €5,844 (-83.9%), from €6,962 to €1,118
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 | €229,313 | €121,549 | -€107,764 | -47.0% |
| Fixed assets | 21/28 | €3,566 | €2,231 | -€1,334 | -37.4% |
| Tangible fixed assets | 22/27 | €3,566 | €2,231 | -€1,334 | -37.4% |
| Furniture and vehicles | 24 | €3,566 | €2,231 | -€1,334 | -37.4% |
| Current assets | 29/58 | €225,748 | €119,317 | -€106,430 | -47.1% |
| Amounts receivable within one year | 40/41 | €115,551 | €47,035 | -€68,515 | -59.3% |
| Trade receivables | 40 | €115,551 | €47,035 | -€68,515 | -59.3% |
| Cash at bank and in hand | 54/58 | €106,331 | €36,529 | -€69,802 | -65.6% |
| Deferred charges and accrued income | 490/1 | €3,866 | €35,753 | +€31,887 | +824.8% |
| Total equity and liabilities | 10/49 | €229,313 | €121,549 | -€107,764 | -47.0% |
| Equity | 10/15 | €2,668 | €6,620 | +€3,953 | +148.2% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,332 | -€48,380 | +€3,953 | +7.6% |
| Amounts payable | 17/49 | €226,645 | €114,928 | -€111,717 | -49.3% |
| Amounts payable within one year | 42/48 | €226,645 | €103,806 | -€122,840 | -54.2% |
| Trade debts | 44 | €65,994 | €27,984 | -€38,010 | -57.6% |
| Suppliers | 440/4 | €65,994 | €27,984 | -€38,010 | -57.6% |
| Taxes, remuneration and social security | 45 | €29,321 | €47,684 | +€18,363 | +62.6% |
| Taxes | 450/3 | €6,350 | €21,394 | +€15,044 | +236.9% |
| Remuneration and social security | 454/9 | €22,971 | €26,289 | +€3,319 | +14.4% |
| Other amounts payable | 47/48 | €131,330 | €28,138 | -€103,192 | -78.6% |
| Accrued charges and deferred income | 492/3 | - | €11,122 | +€11,122 | |
| Remuneration, social security and pensions | 62 | €174,935 | €227,510 | +€52,575 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €438 | €1,334 | +€897 | +204.9% |
| Other operating charges | 640/8 | €1,397 | €11,161 | +€9,764 | +698.9% |
| Gross operating margin | 9900 | €232,502 | €244,922 | +€12,420 | +5.3% |
| Operating profit (loss) | 9901 | €55,732 | €4,916 | -€50,816 | -91.2% |
| Financial income | 75/76B | €560 | €792 | +€232 | +41.4% |
| Recurring financial income | 75 | €560 | €792 | +€232 | +41.4% |
| Financial charges | 65/66B | €6,962 | €1,118 | -€5,844 | -83.9% |
| Recurring financial charges | 65 | €6,962 | €1,118 | -€5,844 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €49,330 | €4,589 | -€44,741 | -90.7% |
| Income taxes | 67/77 | €550 | €637 | +€87 | +15.7% |
| Profit (loss) for the period | 9904 | €48,780 | €3,953 | -€44,827 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,780 | €3,953 | -€44,827 | -91.9% |
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 11 October 2026 via checked.be.