FOULON: 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.
FOULON
Largest movements
- Tangible fixed assets +€85,880
up €85,880 (+76.2%), from €112,688 to €198,568
of which Furniture and vehicles: +€99,496
- Cash -€81,205
down €81,205 (-73.2%), from €110,921 to €29,716
mainly Investment in fixed assets (net) (-€112,016) and Receivables within one year (-€18,055)
- Receivables within one year +€18,055
up €18,055 (+95.3%), from €18,943 to €36,998
of which Other amounts receivable: +€17,044
- Other debts +€13,344
up €13,344, from €0 to €13,344
- Profit (loss) carried forward +€7,755
up €7,755, from -€7,755 to €0
- Depreciation -€22,165
down €22,165 (-45.9%), from €48,301 to €26,136
- Gross operating margin -€5,226
down €5,226 (-8.4%), from €62,104 to €56,878
- Staff costs -€1,557
down €1,557 (-100%), from €1,557 to €0
- Other operating charges -€1,048
down €1,048 (-5.9%), from €17,623 to €16,575
- Taxes +€650
up €650 (+26.7%), from €2,433 to €3,084
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 | €254,391 | €274,888 | +€20,497 | +8.1% |
| Fixed assets | 21/28 | €112,688 | €198,568 | +€85,880 | +76.2% |
| Tangible fixed assets | 22/27 | €112,688 | €198,568 | +€85,880 | +76.2% |
| Land and buildings | 22 | €58,880 | €45,852 | -€13,028 | -22.1% |
| Plant, machinery and equipment | 23 | €1,037 | €450 | -€587 | -56.6% |
| Furniture and vehicles | 24 | €52,771 | €152,266 | +€99,496 | +189% |
| Current assets | 29/58 | €141,703 | €76,320 | -€65,383 | -46.1% |
| Amounts receivable after more than one year | 29 | €335 | €335 | = | 0.0% |
| Other amounts receivable | 291 | €335 | €335 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,943 | €36,998 | +€18,055 | +95.3% |
| Trade receivables | 40 | €17,401 | €18,413 | +€1,011 | +5.8% |
| Other amounts receivable | 41 | €1,542 | €18,585 | +€17,044 | +1,106% |
| Cash at bank and in hand | 54/58 | €110,921 | €29,716 | -€81,205 | -73.2% |
| Deferred charges and accrued income | 490/1 | €11,504 | €9,272 | -€2,233 | -19.4% |
| Total equity and liabilities | 10/49 | €254,391 | €274,888 | +€20,497 | +8.1% |
| Equity | 10/15 | €242,191 | €252,550 | +€10,359 | +4.3% |
| Contributions | 10/11 | €70,095 | €70,095 | = | 0.0% |
| Reserves | 13 | €179,851 | €182,455 | +€2,604 | +1.4% |
| Tax-exempt reserves | 132 | €50,672 | €53,523 | +€2,851 | +5.6% |
| Distributable reserves | 133 | €129,179 | €128,932 | -€247 | -0.2% |
| Profit (loss) carried forward | 14 | -€7,755 | €0 | +€7,755 | |
| Provisions and deferred taxes | 16 | €4,543 | €5,256 | +€713 | +15.7% |
| Deferred taxes | 168 | €4,543 | €5,256 | +€713 | +15.7% |
| Amounts payable | 17/49 | €7,657 | €17,083 | +€9,426 | +123% |
| Amounts payable within one year | 42/48 | €7,657 | €17,083 | +€9,426 | +123% |
| Trade debts | 44 | €4,216 | €1,786 | -€2,430 | -57.6% |
| Suppliers | 440/4 | €4,216 | €1,786 | -€2,430 | -57.6% |
| Taxes, remuneration and social security | 45 | €3,442 | €1,953 | -€1,489 | -43.3% |
| Taxes | 450/3 | €3,442 | €1,953 | -€1,489 | -43.3% |
| Other amounts payable | 47/48 | €0 | €13,344 | +€13,344 | |
| Non-recurring operating income | 76A | - | €12,016 | +€12,016 | |
| Remuneration, social security and pensions | 62 | €1,557 | €0 | -€1,557 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,301 | €26,136 | -€22,165 | -45.9% |
| Other operating charges | 640/8 | €17,623 | €16,575 | -€1,048 | -5.9% |
| Gross operating margin | 9900 | €62,104 | €56,878 | -€5,226 | -8.4% |
| Operating profit (loss) | 9901 | -€5,378 | €14,166 | +€19,545 | |
| Financial income | 75/76B | €587 | €623 | +€36 | +6.2% |
| Recurring financial income | 75 | €587 | €623 | +€36 | +6.2% |
| Financial charges | 65/66B | €491 | €635 | +€144 | +29.2% |
| Recurring financial charges | 65 | €491 | €635 | +€144 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,282 | €14,155 | +€19,437 | |
| Transfer from deferred taxes | 780 | €1,680 | €1,691 | +€11 | +0.6% |
| Transfer to deferred taxes | 680 | - | €2,403 | +€2,403 | |
| Income taxes | 67/77 | €2,433 | €3,084 | +€650 | +26.7% |
| Profit (loss) for the period | 9904 | -€6,035 | €10,359 | +€16,394 | |
| Transfer from tax-exempt reserves | 789 | €6,720 | €6,762 | +€42 | +0.6% |
| Transfer to tax-exempt reserves | 689 | - | €9,613 | +€9,613 | |
| Profit (loss) for the period to be appropriated | 9905 | €685 | €7,508 | +€6,823 | +997% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.