BFOX COMPANY: 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.
BFOX COMPANY
Largest movements
- Receivables within one year -€17,092
down €17,092 (-43.3%), from €39,504 to €22,412
- Cash +€4,472
up €4,472 (+31.1%), from €14,393 to €18,865
mainly Receivables within one year (+€17,092) and Tax, wage and social debts (+€4,851)
- Deferred charges and accrued income +€1,462
new in 2024: €1,462
- Other debts -€14,499
down €14,499 (-89.4%), from €16,219 to €1,721
- Tax, wage and social debts +€4,851
up €4,851 (+20.9%), from €23,223 to €28,074
of which Taxes: +€4,410
- Trade debts -€2,021
down €2,021 (-19.6%), from €10,305 to €8,284
- Gross operating margin -€9,945
down €9,945 (-8.8%), from €113,351 to €103,406
- Staff costs +€2,076
up €2,076 (+2.3%), from €88,544 to €90,620
- Depreciation +€1,163
up €1,163 (+46.4%), from €2,507 to €3,670
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,047 | €46,310 | -€11,736 | -20.2% |
| Fixed assets | 21/28 | €4,150 | €3,572 | -€578 | -13.9% |
| Tangible fixed assets | 22/27 | €4,150 | €3,572 | -€578 | -13.9% |
| Furniture and vehicles | 24 | €755 | €934 | +€179 | +23.8% |
| Other tangible fixed assets | 26 | €3,395 | €2,638 | -€758 | -22.3% |
| Current assets | 29/58 | €53,897 | €42,739 | -€11,158 | -20.7% |
| Amounts receivable within one year | 40/41 | €39,504 | €22,412 | -€17,092 | -43.3% |
| Trade receivables | 40 | €39,504 | €22,412 | -€17,092 | -43.3% |
| Cash at bank and in hand | 54/58 | €14,393 | €18,865 | +€4,472 | +31.1% |
| Deferred charges and accrued income | 490/1 | - | €1,462 | +€1,462 | |
| Total equity and liabilities | 10/49 | €58,047 | €46,310 | -€11,736 | -20.2% |
| Equity | 10/15 | €8,183 | €8,232 | +€50 | +0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Uncalled capital | 101 | €12,800 | €12,800 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83 | €132 | +€50 | +59.9% |
| Amounts payable | 17/49 | €49,864 | €38,078 | -€11,786 | -23.6% |
| Amounts payable within one year | 42/48 | €49,747 | €38,078 | -€11,669 | -23.5% |
| Trade debts | 44 | €10,305 | €8,284 | -€2,021 | -19.6% |
| Suppliers | 440/4 | €10,305 | €8,284 | -€2,021 | -19.6% |
| Taxes, remuneration and social security | 45 | €23,223 | €28,074 | +€4,851 | +20.9% |
| Taxes | 450/3 | €10,294 | €14,705 | +€4,410 | +42.8% |
| Remuneration and social security | 454/9 | €12,929 | €13,369 | +€441 | +3.4% |
| Other amounts payable | 47/48 | €16,219 | €1,721 | -€14,499 | -89.4% |
| Accrued charges and deferred income | 492/3 | €117 | - | -€117 | |
| Remuneration, social security and pensions | 62 | €88,544 | €90,620 | +€2,076 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,507 | €3,670 | +€1,163 | +46.4% |
| Other operating charges | 640/8 | €448 | €451 | +€3 | +0.7% |
| Gross operating margin | 9900 | €113,351 | €103,406 | -€9,945 | -8.8% |
| Operating profit (loss) | 9901 | €21,852 | €8,664 | -€13,188 | -60.4% |
| Financial charges | 65/66B | €1,769 | €2,126 | +€357 | +20.2% |
| Recurring financial charges | 65 | €1,769 | €2,126 | +€357 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €20,083 | €6,538 | -€13,545 | -67.4% |
| Income taxes | 67/77 | €4,002 | €4,888 | +€887 | +22.2% |
| Profit (loss) for the period | 9904 | €16,081 | €1,650 | -€14,432 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,081 | €1,650 | -€14,432 | -89.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.