FOLLON ET CIE: what changed
What changed
FOLLON ET CIE
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
-€30,264
2021 · -€33,247+€2,983
Equity
-€55,841
2021 · -€25,577-€30,264
Cash
€1,176
2021 · €5,420-€4,245
Balance sheet total
€1.2m
2021 · €1.2m+€8,948
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€30,264
down €30,264 (-34.5%), from -€87,652 to -€117,916
- Trade debts +€26,357
up €26,357 (+81.9%), from €32,187 to €58,544
- Other debts +€12,033
up €12,033 (+23.4%), from €51,492 to €63,525
Income statement
- Gross operating margin +€7,446
up €7,446 (+40.1%), from -€18,581 to -€11,135
- Financial charges +€4,466
up €4,466 (+33.5%), from €13,342 to €17,808
of which Financial charges: +€4,466
Change in the result, 2021 to 2022
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 2021
-€33,247
Gross operating margin
+€7,446
Other operating charges
+€10
Financial income
-€7
Financial charges
-€4,466
Result 2022
-€30,264
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2021 and 2022 balance sheets and the 2022 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5,067
Investment
€0
Financing
+€822
Cash 2021
€5,420
From operations (derived)
-€5,067
Net result for the year
-€30,264
Depreciation
+€836
Stocks and contracts
-€10,427
Receivables within one year
-€2,528
Deferred charges and accrued income
-€1,073
Trade debts
+€26,357
Other debts
+€12,033
Financing
+€822
Short-term financial debts
+€822
Cash 2022
€1,176
brings cash intakes cash out
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,192,316 | €1,201,264 | +€8,948 | +0.8% |
| Fixed assets | 21/28 | €12,645 | €11,810 | -€836 | -6.6% |
| Tangible fixed assets | 22/27 | €12,645 | €11,810 | -€836 | -6.6% |
| Land and buildings | 22 | €12,645 | €11,810 | -€836 | -6.6% |
| Current assets | 29/58 | €1,179,671 | €1,189,455 | +€9,784 | +0.8% |
| Stocks and contracts in progress | 3 | €1,173,658 | €1,184,085 | +€10,427 | +0.9% |
| Stocks | 30/36 | €1,173,658 | €1,184,085 | +€10,427 | +0.9% |
| Amounts receivable within one year | 40/41 | €293 | €2,821 | +€2,528 | +864% |
| Trade receivables | 40 | €0 | €670 | +€670 | |
| Other amounts receivable | 41 | €293 | €2,151 | +€1,858 | +635% |
| Cash at bank and in hand | 54/58 | €5,420 | €1,176 | -€4,245 | -78.3% |
| Deferred charges and accrued income | 490/1 | €300 | €1,373 | +€1,073 | +358% |
| Total equity and liabilities | 10/49 | €1,192,316 | €1,201,264 | +€8,948 | +0.8% |
| Equity | 10/15 | -€25,577 | -€55,841 | -€30,264 | -118% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €74 | €74 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74 | €74 | = | 0.0% |
| Legal reserve | 130 | €74 | €74 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,652 | -€117,916 | -€30,264 | -34.5% |
| Amounts payable | 17/49 | €1,217,894 | €1,257,105 | +€39,212 | +3.2% |
| Amounts payable within one year | 42/48 | €1,217,344 | €1,256,555 | +€39,212 | +3.2% |
| Financial debts | 43 | €1,132,564 | €1,133,386 | +€822 | +0.1% |
| Credit institutions | 430/8 | €1,007,564 | €1,008,386 | +€822 | +0.1% |
| Other loans | 439 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €32,187 | €58,544 | +€26,357 | +81.9% |
| Suppliers | 440/4 | €32,187 | €58,544 | +€26,357 | +81.9% |
| Advances received on contracts in progress | 46 | €1,100 | €1,100 | = | 0.0% |
| Other amounts payable | 47/48 | €51,492 | €63,525 | +€12,033 | +23.4% |
| Accrued charges and deferred income | 492/3 | €550 | €550 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €836 | €836 | = | 0.0% |
| Other operating charges | 640/8 | €494 | €485 | -€10 | -2.0% |
| Gross operating margin | 9900 | -€18,581 | -€11,135 | +€7,446 | +40.1% |
| Operating profit (loss) | 9901 | -€19,912 | -€12,456 | +€7,456 | +37.4% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €13,342 | €17,808 | +€4,466 | +33.5% |
| Recurring financial charges | 65 | €13,342 | €17,808 | +€4,466 | +33.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€33,247 | -€30,264 | +€2,983 | +9.0% |
| Profit (loss) for the period | 9904 | -€33,247 | -€30,264 | +€2,983 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,247 | -€30,264 | +€2,983 | +9.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2021 and 30 June 2022. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.