SL Folies: 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.
SL Folies
Largest movements
- Stocks and contracts -€6,701
down €6,701 (-7.2%), from €92,445 to €85,744
- Tangible fixed assets -€5,661
down €5,661 (-4.0%), from €141,031 to €135,370
of which Land and buildings: -€5,661
- Cash +€4,953
up €4,953 (+32.7%), from €15,125 to €20,078
mainly Stocks and contracts (+€6,701) and Depreciation (+€5,661)
- Debts after one year -€13,406
down €13,406 (-21.8%), from €61,427 to €48,020
- Other debts +€5,071
up €5,071 (+6.9%), from €73,569 to €78,640
- Gross operating margin +€8,910
up €8,910 (+183%), from €4,861 to €13,771
- Depreciation -€2,429
down €2,429 (-30.0%), from €8,090 to €5,661
- Taxes +€732
up €732, from -€54 to €678
- Financial charges -€690
down €690 (-18.8%), from €3,674 to €2,984
- Other operating charges +€282
up €282 (+10.8%), from €2,617 to €2,899
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 | €250,584 | €243,233 | -€7,351 | -2.9% |
| Fixed assets | 21/28 | €142,037 | €136,382 | -€5,656 | -4.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €141,031 | €135,370 | -€5,661 | -4.0% |
| Land and buildings | 22 | €141,031 | €135,370 | -€5,661 | -4.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,006 | €1,011 | +€5 | +0.5% |
| Current assets | 29/58 | €108,547 | €106,851 | -€1,696 | -1.6% |
| Stocks and contracts in progress | 3 | €92,445 | €85,744 | -€6,701 | -7.2% |
| Stocks | 30/36 | €92,445 | €85,744 | -€6,701 | -7.2% |
| Amounts receivable within one year | 40/41 | €0 | €20 | +€20 | |
| Trade receivables | 40 | €0 | €20 | +€20 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15,125 | €20,078 | +€4,953 | +32.7% |
| Deferred charges and accrued income | 490/1 | €977 | €1,009 | +€33 | +3.3% |
| Total equity and liabilities | 10/49 | €250,584 | €243,233 | -€7,351 | -2.9% |
| Equity | 10/15 | €92,299 | €93,859 | +€1,561 | +1.7% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,299 | €49,859 | +€1,561 | +3.2% |
| Amounts payable | 17/49 | €158,286 | €149,374 | -€8,912 | -5.6% |
| Amounts payable after more than one year | 17 | €61,427 | €48,020 | -€13,406 | -21.8% |
| Financial debts | 170/4 | €61,427 | €48,020 | -€13,406 | -21.8% |
| Amounts payable within one year | 42/48 | €96,859 | €101,353 | +€4,494 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €12,971 | €13,406 | +€435 | +3.4% |
| Trade debts | 44 | €3,591 | €2,636 | -€955 | -26.6% |
| Suppliers | 440/4 | €3,591 | €2,636 | -€955 | -26.6% |
| Taxes, remuneration and social security | 45 | €6,727 | €6,671 | -€57 | -0.8% |
| Taxes | 450/3 | €6,727 | €6,671 | -€57 | -0.8% |
| Other amounts payable | 47/48 | €73,569 | €78,640 | +€5,071 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,090 | €5,661 | -€2,429 | -30.0% |
| Other operating charges | 640/8 | €2,617 | €2,899 | +€282 | +10.8% |
| Gross operating margin | 9900 | €4,861 | €13,771 | +€8,910 | +183% |
| Operating profit (loss) | 9901 | -€5,846 | €5,211 | +€11,058 | |
| Financial income | 75/76B | €22 | €12 | -€10 | -46.5% |
| Recurring financial income | 75 | €22 | €12 | -€10 | -46.5% |
| Financial charges | 65/66B | €3,674 | €2,984 | -€690 | -18.8% |
| Recurring financial charges | 65 | €3,674 | €2,984 | -€690 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,498 | €2,239 | +€11,737 | |
| Income taxes | 67/77 | -€54 | €678 | +€732 | |
| Profit (loss) for the period | 9904 | -€9,445 | €1,561 | +€11,005 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,445 | €1,561 | +€11,005 |
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 20 October 2026 via checked.be.