Financials
Financial year 2025
FOLEA from Kortrijk, company number BE0684509303, closed financial year 2025 with a result of € -1,828 after tax. For that financial year FOLEA recorded a gross margin of € 15,686 and equity of € 231,039. Compared with financial year 2024, the result moved from € 9,524 to € -1,828. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 231,039
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,828
▼ still € 9,524 profit in 2024
Profit after tax over the fiscal year.
€ 226,357
▲ 172% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 207,039.
Debts at end 2025
€ 83,957
▼ 26% vs 2024
€ 13,374 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 647,435
▲ € 565,680 vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 38,520 | € 105,872 | € 29,572 | € 15,686 | ▼ 47% |
| Profit after taxes | € 15,882 | € 66,077 | € 9,524 | € -1,828 | ▼ € 11,352 |
| Equity | € 157,265 | € 223,342 | € 232,867 | € 231,039 | ▼ 1% |
| Total debts | € 404,586 | € 448,122 | € 199,473 | € 731,920 | ▲ 267% |
| Cash | € 315,608 | € 250,663 | € 83,150 | € 226,357 | ▲ 172% |
| Retained profit | € 133,265 | € 199,342 | € 208,867 | € 207,039 | ▼ 1% |
| Bank debt | € 93,431 | € 52,176 | € 113,704 | € 83,957 | ▼ 26% |
| Balance sheet total | € 561,851 | € 671,465 | € 432,340 | € 962,958 | ▲ 123% |
Key figures of FOLEA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to FOLEA?
What happened at FOLEA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,828 (▼ € 11,352 vs 2024). Source: NBB ↗
- Balti Energy Systems NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,882 profit in 2022 to € 1,828 loss in 2025.
Paid € 33,224 in corporate taxes since 2022.
Best year ever: 2023, with € 66,077 profit.
A new publication or filing at FOLEA? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FOLEA is Balti Energy Systems NV. Balti Energy Systems NV is also behind EUROPEAN ENERGY TRANSITION FUND.
Directors
According to the 2025 annual accounts
Director · represented by Christophe Verhue
Also active at: EUROPEAN ENERGY TRANSITION FUND
since 2023
Establishments
Establishment units
Physical locations of this company
Lindenlaan(Kor) 14
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0684.509.303
- VAT number
- BE 0684.509.303
- Registered office
- Lindenlaan(Kor) 14, 8500 Kortrijk
- Names & denominations
- FOLEA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2017
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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