ALLFOX: 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
ALLFOX
NACE 46.610, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€764,259
2024 · €305,029+€459,230
Equity
€7.5m
2024 · €6.7m+€764,259
Cash
€401,912
2024 · €1.1m-€736,651
Balance sheet total
€11.0m
2024 · €10.8m+€166,664
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+382%), from €274,750 to €1.3m
of which Trade receivables: +€582,207
- Cash -€736,651
down €736,651 (-64.7%), from €1.1m to €401,912
mainly Receivables within one year (-€1.1m) and Debts after one year (-€636,429)
- Tangible fixed assets -€214,479
down €214,479 (-5.8%), from €3.7m to €3.5m
of which Land and buildings: -€214,479
Equity and liabilities
- Profit (loss) carried forward +€801,425
up €801,425 (+27.7%), from €2.9m to €3.7m
- Debts after one year -€636,429
down €636,429 (-19.8%), from €3.2m to €2.6m
- Short-term financial debts +€133,100
up €133,100 (+788%), from €16,900 to €150,000
Income statement
- Gross operating margin +€1.4m
new in 2025: €1.4m
- Turnover -€814,553
no longer reported in 2025 (was €814,553)
- Taxes +€95,505
up €95,505 (+53.9%), from €177,162 to €272,667
- Services and other goods -€71,972
no longer reported in 2025 (was €71,972)
- Depreciation +€28,317
up €28,317 (+15.2%), from €186,162 to €214,479
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
€305,029
Turnover
-€814,553
Other operating income
-€5,601
Services and other goods
+€71,972
Depreciation
-€28,317
Other operating charges
-€56
Other operating items
+€1.4m
Financial income
-€25,672
Financial charges
+€4,035
Taxes
-€95,505
Result 2025
€764,259
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€188,882
Investment
-€44,440
Financing
-€503,328
Cash 2024
€1.1m
From operations (derived)
-€188,882
Net result for the year
+€764,259
Depreciation
+€214,479
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€22,521
Provisions
-€12,389
Trade debts
-€60,009
Tax, wage and social debts
-€12,871
Other debts
-€8,998
Investment (derived)
-€44,440
Investment in fixed assets (net)
-€44,440
Financing
-€503,328
Debts after one year
-€636,429
Current portion of long-term debt
+€0
Short-term financial debts
+€133,100
Cash 2025
€401,912
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,844,874 | €11,011,538 | +€166,664 | +1.5% |
| Fixed assets | 21/28 | €9,430,079 | €9,260,039 | -€170,039 | -1.8% |
| Tangible fixed assets | 22/27 | €3,683,981 | €3,469,502 | -€214,479 | -5.8% |
| Land and buildings | 22 | €3,683,981 | €3,469,502 | -€214,479 | -5.8% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €5,746,098 | €5,790,538 | +€44,440 | +0.8% |
| Affiliated companies | 280/1 | €5,743,598 | - | -€5.7m | |
| Participating interests | 280 | €5,743,598 | - | -€5.7m | |
| Other financial fixed assets | 284/8 | €2,500 | - | -€2,500 | |
| Amounts receivable and cash guarantees | 285/8 | €2,500 | - | -€2,500 | |
| Current assets | 29/58 | €1,414,796 | €1,751,499 | +€336,703 | +23.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €274,750 | €1,325,583 | +€1.1m | +382% |
| Trade receivables | 40 | €243,376 | €825,583 | +€582,207 | +239% |
| Other amounts receivable | 41 | €31,374 | €500,000 | +€468,626 | +1,494% |
| Cash at bank and in hand | 54/58 | €1,138,563 | €401,912 | -€736,651 | -64.7% |
| Deferred charges and accrued income | 490/1 | €1,483 | €24,004 | +€22,521 | +1,518% |
| Total equity and liabilities | 10/49 | €10,844,874 | €11,011,538 | +€166,664 | +1.5% |
| Equity | 10/15 | €6,692,121 | €7,456,380 | +€764,259 | +11.4% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €1,302,079 | €1,264,913 | -€37,166 | -2.9% |
| Tax-exempt reserves | 132 | €1,052,079 | €1,014,913 | -€37,166 | -3.5% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,890,042 | €3,691,467 | +€801,425 | +27.7% |
| Provisions and deferred taxes | 16 | €84,060 | €71,671 | -€12,389 | -14.7% |
| Deferred taxes | 168 | €84,060 | €71,671 | -€12,389 | -14.7% |
| Amounts payable | 17/49 | €4,068,694 | €3,483,487 | -€585,207 | -14.4% |
| Amounts payable after more than one year | 17 | €3,206,210 | €2,569,782 | -€636,429 | -19.8% |
| Financial debts | 170/4 | €3,206,210 | €2,569,782 | -€636,429 | -19.8% |
| Subordinated loans | 170 | €728,571 | - | -€728,571 | |
| Credit institutions | 173 | €2,477,639 | - | -€2.5m | |
| Amounts payable within one year | 42/48 | €862,484 | €913,705 | +€51,221 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €636,429 | €636,429 | +€0 | 0.0% |
| Financial debts | 43 | €16,900 | €150,000 | +€133,100 | +788% |
| Credit institutions | 430/8 | €16,900 | €150,000 | +€133,100 | +788% |
| Trade debts | 44 | €60,536 | €527 | -€60,009 | -99.1% |
| Suppliers | 440/4 | €60,536 | €527 | -€60,009 | -99.1% |
| Taxes, remuneration and social security | 45 | €139,621 | €126,750 | -€12,871 | -9.2% |
| Taxes | 450/3 | €139,621 | €126,750 | -€12,871 | -9.2% |
| Other amounts payable | 47/48 | €8,998 | €0 | -€8,998 | -100% |
| Operating income | 70/76A | €820,155 | - | -€820,155 | |
| Turnover | 70 | €814,553 | - | -€814,553 | |
| Other operating income | 74 | €5,601 | - | -€5,601 | |
| Operating charges | 60/66A | €264,861 | - | -€264,861 | |
| Services and other goods | 61 | €71,972 | - | -€71,972 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,162 | €214,479 | +€28,317 | +15.2% |
| Other operating charges | 640/8 | €6,727 | €6,783 | +€56 | +0.8% |
| Gross operating margin | 9900 | - | €1,352,927 | +€1.4m | |
| Operating profit (loss) | 9901 | €555,293 | €1,131,665 | +€576,372 | +104% |
| Financial income | 75/76B | €50,836 | €25,164 | -€25,672 | -50.5% |
| Recurring financial income | 75 | €50,836 | €25,164 | -€25,672 | -50.5% |
| Income from current assets | 751 | €31,358 | - | -€31,358 | |
| Other financial income | 752/9 | €19,478 | - | -€19,478 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €136,327 | €132,292 | -€4,035 | -3.0% |
| Recurring financial charges | 65 | €136,327 | €132,292 | -€4,035 | -3.0% |
| Debt charges | 650 | €133,164 | - | -€133,164 | |
| Other financial charges | 652/9 | €3,163 | - | -€3,163 | |
| Profit (loss) for the period before taxes | 9903 | €469,802 | €1,024,537 | +€554,735 | +118% |
| Transfer from deferred taxes | 780 | €12,389 | €12,389 | = | 0.0% |
| Income taxes | 67/77 | €177,162 | €272,667 | +€95,505 | +53.9% |
| Taxes | 670/3 | €178,901 | - | -€178,901 | |
| Tax adjustments and reversals of tax provisions | 77 | €1,739 | - | -€1,739 | |
| Profit (loss) for the period | 9904 | €305,029 | €764,259 | +€459,230 | +151% |
| Transfer from tax-exempt reserves | 789 | €37,166 | €37,166 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €342,195 | €801,425 | +€459,230 | +134% |
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 15 October 2026 via checked.be.