FOYLO: 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.
What changed
FOYLO
NACE 22.220, Manufacture of rubber and plastic products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €871,536+€136,581
Equity
€8.0m
2024 · €7.0m+€1.0m
Cash
€1.0m
2024 · €557,840+€474,360
Balance sheet total
€9.2m
2024 · €8.2m+€944,164
Largest movements
Assets
- Cash +€474,360
up €474,360 (+85.0%), from €557,840 to €1.0m
mainly Net result for the year (+€1.0m) and Depreciation (+€66,090)
- Receivables within one year +€315,461
up €315,461 (+5.4%), from €5.8m to €6.1m
of which Trade receivables: +€339,091
- Stocks and contracts +€168,820
up €168,820 (+10.2%), from €1.7m to €1.8m
Equity and liabilities
- Reserves +€1.8m
up €1.8m (+36.2%), from €5.0m to €6.8m
of which Distributable reserves: +€1.8m
- Profit (loss) carried forward -€800,086
down €800,086 (-100.0%), from €800,086 to €0
Income statement
- Turnover +€631,115
up €631,115 (+4.6%), from €13.6m to €14.2m
- Goods and materials +€502,432
up €502,432 (+4.7%), from €10.7m to €11.2m
of which Purchases: +€626,804
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.
Result 2024
€871,536
Turnover
+€631,115
Other operating income
-€18,762
Goods and materials
-€502,432
Services and other goods
-€101,118
Staff costs
+€94,775
Depreciation
+€12,654
Write-downs
+€114,752
Other operating charges
-€9,927
Other operating items
+€5,614
Financial income
+€17,108
Financial charges
-€64,367
Taxes
-€42,832
Result 2025
€1.0m
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.
From operations
+€533,128
Investment
-€58,768
Financing
€0
Cash 2024
€557,840
From operations (derived)
+€533,128
Net result for the year
+€1.0m
Depreciation
+€66,090
Stocks and contracts
-€168,820
Receivables within one year
-€315,461
Deferred charges and accrued income
+€7,154
Trade debts
-€82,562
Tax, wage and social debts
+€62,367
Advances received
-€24,370
Other debts
-€19,387
Investment (derived)
-€58,768
Investment in fixed assets (net)
-€58,768
Cash 2025
€1.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,217,427 | €9,161,592 | +€944,164 | +11.5% |
| Fixed assets | 21/28 | €154,067 | €146,746 | -€7,321 | -4.8% |
| Intangible fixed assets | 21 | €36,516 | €7,445 | -€29,071 | -79.6% |
| Tangible fixed assets | 22/27 | €115,146 | €139,201 | +€24,055 | +20.9% |
| Plant, machinery and equipment | 23 | €6,622 | €5,795 | -€827 | -12.5% |
| Furniture and vehicles | 24 | €86,730 | €60,258 | -€26,472 | -30.5% |
| Other tangible fixed assets | 26 | €21,794 | €73,149 | +€51,354 | +235.6% |
| Financial fixed assets | 28 | €2,405 | €100 | -€2,305 | -95.8% |
| Other financial fixed assets | 284/8 | €2,405 | €100 | -€2,305 | -95.8% |
| Amounts receivable and cash guarantees | 285/8 | €2,405 | €100 | -€2,305 | -95.8% |
| Current assets | 29/58 | €8,063,360 | €9,014,846 | +€951,486 | +11.8% |
| Stocks and contracts in progress | 3 | €1,657,638 | €1,826,457 | +€168,820 | +10.2% |
| Stocks | 30/36 | €1,657,638 | €1,826,457 | +€168,820 | +10.2% |
| Goods purchased for resale | 34 | €1,655,626 | €1,819,477 | +€163,851 | +9.9% |
| Advance payments | 36 | €2,012 | €6,981 | +€4,969 | +247.0% |
| Amounts receivable within one year | 40/41 | €5,816,538 | €6,131,998 | +€315,461 | +5.4% |
| Trade receivables | 40 | €2,211,976 | €2,551,067 | +€339,091 | +15.3% |
| Other amounts receivable | 41 | €3,604,561 | €3,580,931 | -€23,631 | -0.7% |
| Cash at bank and in hand | 54/58 | €557,840 | €1,032,200 | +€474,360 | +85.0% |
| Deferred charges and accrued income | 490/1 | €31,345 | €24,191 | -€7,154 | -22.8% |
| Total equity and liabilities | 10/49 | €8,217,427 | €9,161,592 | +€944,164 | +11.5% |
| Equity | 10/15 | €7,012,650 | €8,020,767 | +€1.0m | +14.4% |
| Contributions | 10/11 | €1,213,536 | €1,213,536 | = | 0.0% |
| Capital | 10 | €1,157,426 | €1,157,426 | = | 0.0% |
| Issued capital | 100 | €1,157,426 | €1,157,426 | = | 0.0% |
| Contributions outside capital | 11 | €56,110 | €56,110 | = | 0.0% |
| Share premium | 1100/10 | €56,110 | €56,110 | = | 0.0% |
| Reserves | 13 | €4,999,028 | €6,807,231 | +€1.8m | +36.2% |
| Non-distributable reserves | 130/1 | €121,354 | €121,354 | = | 0.0% |
| Legal reserve | 130 | €121,354 | €121,354 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,460 | €17,460 | = | 0.0% |
| Distributable reserves | 133 | €4,860,215 | €6,668,417 | +€1.8m | +37.2% |
| Profit (loss) carried forward | 14 | €800,086 | €0 | -€800,086 | -100.0% |
| Amounts payable | 17/49 | €1,204,778 | €1,140,825 | -€63,952 | -5.3% |
| Amounts payable within one year | 42/48 | €1,187,769 | €1,123,816 | -€63,952 | -5.4% |
| Trade debts | 44 | €367,732 | €285,170 | -€82,562 | -22.5% |
| Suppliers | 440/4 | €367,732 | €285,170 | -€82,562 | -22.5% |
| Advances received on contracts in progress | 46 | €24,370 | €0 | -€24,370 | -100.0% |
| Taxes, remuneration and social security | 45 | €324,973 | €387,340 | +€62,367 | +19.2% |
| Taxes | 450/3 | €255,044 | €309,090 | +€54,046 | +21.2% |
| Remuneration and social security | 454/9 | €69,929 | €78,250 | +€8,321 | +11.9% |
| Other amounts payable | 47/48 | €470,694 | €451,307 | -€19,387 | -4.1% |
| Accrued charges and deferred income | 492/3 | €17,009 | €17,009 | = | 0.0% |
| Operating income | 70/76A | €13,736,054 | €14,348,407 | +€612,353 | +4.5% |
| Turnover | 70 | €13,613,824 | €14,244,939 | +€631,115 | +4.6% |
| Other operating income | 74 | €122,230 | €103,468 | -€18,762 | -15.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €12,760,478 | €13,146,159 | +€385,681 | +3.0% |
| Goods for resale, raw materials and consumables | 60 | €10,686,666 | €11,189,098 | +€502,432 | +4.7% |
| Purchases | 600/8 | €10,709,227 | €11,336,031 | +€626,804 | +5.9% |
| Change in stocks: decrease (increase) | 609 | -€22,561 | -€146,933 | -€124,372 | -551.3% |
| Services and other goods | 61 | €1,101,099 | €1,202,217 | +€101,118 | +9.2% |
| Remuneration, social security and pensions | 62 | €763,890 | €669,114 | -€94,775 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,744 | €66,090 | -€12,654 | -16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €101,125 | -€13,627 | -€114,752 | |
| Other operating charges | 640/8 | €23,340 | €33,267 | +€9,927 | +42.5% |
| Non-recurring operating charges | 66A | €5,614 | €0 | -€5,614 | -100.0% |
| Operating profit (loss) | 9901 | €975,576 | €1,202,248 | +€226,672 | +23.2% |
| Financial income | 75/76B | €221,316 | €238,424 | +€17,108 | +7.7% |
| Recurring financial income | 75 | €221,316 | €238,424 | +€17,108 | +7.7% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €221,316 | €238,424 | +€17,108 | +7.7% |
| Financial charges | 65/66B | €24,081 | €88,447 | +€64,367 | +267.3% |
| Recurring financial charges | 65 | €24,081 | €88,447 | +€64,367 | +267.3% |
| Debt charges | 650 | €104 | €54,856 | +€54,751 | +52453.7% |
| Other financial charges | 652/9 | €23,977 | €33,592 | +€9,615 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €1,172,811 | €1,352,225 | +€179,413 | +15.3% |
| Income taxes | 67/77 | €301,276 | €344,108 | +€42,832 | +14.2% |
| Taxes | 670/3 | €301,276 | €344,108 | +€42,832 | +14.2% |
| Profit (loss) for the period | 9904 | €871,536 | €1,008,117 | +€136,581 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €871,536 | €1,008,117 | +€136,581 | +15.7% |
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 10 October 2026 via checked.be.