DE FIXER: what changed
Two fiscal 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.
DE FIXER
Largest movements
- Tangible fixed assets -€9,245
down €9,245 (-7.7%), from €119,290 to €110,046
of which Furniture and vehicles: -€4,978
- Receivables within one year +€8,969
up €8,969 (+509.0%), from €1,762 to €10,732
of which Other amounts receivable: +€4,969
- Stocks and contracts -€7,118
down €7,118 (-28.0%), from €25,420 to €18,302
- Cash -€1,844
no longer reported in 2025 (was €1,844)
mainly Other debts (-€20,851) and Receivables within one year (-€8,969)
- Other debts -€20,851
down €20,851 (-26.5%), from €78,735 to €57,884
- Profit (loss) carried forward +€18,523
up €18,523 (+36.3%), from -€50,979 to -€32,456
- Debts after one year -€8,808
down €8,808 (-9.8%), from €89,810 to €81,002
of which Financial debts: -€8,808
- Short-term financial debts +€4,978
new in 2025: €4,978
- Trade debts -€2,086
down €2,086 (-17.9%), from €11,657 to €9,572
- Gross operating margin +€13,746
up €13,746 (+84.5%), from €16,269 to €30,014
- Financial charges -€1,529
down €1,529 (-60.5%), from €2,528 to €999
- Other operating charges -€845
down €845 (-63.7%), from €1,328 to €483
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €148,317 | €139,080 | -€9,237 | -6.2% |
| Fixed assets | 21/28 | €119,290 | €110,046 | -€9,245 | -7.7% |
| Tangible fixed assets | 22/27 | €119,290 | €110,046 | -€9,245 | -7.7% |
| Land and buildings | 22 | €112,839 | €108,573 | -€4,267 | -3.8% |
| Furniture and vehicles | 24 | €6,451 | €1,473 | -€4,978 | -77.2% |
| Current assets | 29/58 | €29,027 | €29,034 | +€7 | 0.0% |
| Stocks and contracts in progress | 3 | €25,420 | €18,302 | -€7,118 | -28.0% |
| Stocks | 30/36 | €25,420 | €18,302 | -€7,118 | -28.0% |
| Amounts receivable within one year | 40/41 | €1,762 | €10,732 | +€8,969 | +509.0% |
| Trade receivables | 40 | €1,583 | €5,583 | +€4,000 | +252.7% |
| Other amounts receivable | 41 | €179 | €5,149 | +€4,969 | +2768.6% |
| Cash at bank and in hand | 54/58 | €1,844 | - | -€1,844 | |
| Total equity and liabilities | 10/49 | €148,317 | €139,080 | -€9,237 | -6.2% |
| Equity | 10/15 | -€45,979 | -€27,456 | +€18,523 | +40.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,979 | -€32,456 | +€18,523 | +36.3% |
| Amounts payable | 17/49 | €194,296 | €166,535 | -€27,761 | -14.3% |
| Amounts payable after more than one year | 17 | €89,810 | €81,002 | -€8,808 | -9.8% |
| Financial debts | 170/4 | €89,567 | €80,759 | -€8,808 | -9.8% |
| Other amounts payable | 178/9 | €243 | €243 | = | 0.0% |
| Amounts payable within one year | 42/48 | €104,485 | €85,533 | -€18,952 | -18.1% |
| Current portion of amounts payable after more than one year | 42 | €8,654 | €8,808 | +€154 | +1.8% |
| Financial debts | 43 | - | €4,978 | +€4,978 | |
| Credit institutions | 430/8 | - | €4,978 | +€4,978 | |
| Trade debts | 44 | €11,657 | €9,572 | -€2,086 | -17.9% |
| Suppliers | 440/4 | €11,657 | €9,572 | -€2,086 | -17.9% |
| Taxes, remuneration and social security | 45 | €5,439 | €4,291 | -€1,148 | -21.1% |
| Taxes | 450/3 | €5,439 | €4,291 | -€1,148 | -21.1% |
| Other amounts payable | 47/48 | €78,735 | €57,884 | -€20,851 | -26.5% |
| Remuneration, social security and pensions | 62 | €10 | - | -€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,245 | €9,245 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,328 | €483 | -€845 | -63.7% |
| Gross operating margin | 9900 | €16,269 | €30,014 | +€13,746 | +84.5% |
| Operating profit (loss) | 9901 | €5,686 | €20,287 | +€14,601 | +256.8% |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €2,528 | €999 | -€1,529 | -60.5% |
| Recurring financial charges | 65 | €2,528 | €999 | -€1,529 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €3,158 | €19,302 | +€16,144 | +511.2% |
| Income taxes | 67/77 | €748 | €779 | +€30 | +4.1% |
| Profit (loss) for the period | 9904 | €2,409 | €18,523 | +€16,114 | +668.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,409 | €18,523 | +€16,114 | +668.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.