FBX: 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.
FBX
Largest movements
- Tangible fixed assets -€18,639
down €18,639 (-36.7%), from €50,755 to €32,116
of which Furniture and vehicles: -€17,689
- Receivables within one year -€5,155
down €5,155 (-43.1%), from €11,955 to €6,801
of which Other amounts receivable: -€3,630
- Cash +€4,567
up €4,567 (+46.5%), from €9,825 to €14,391
mainly Depreciation (+€18,639) and Other debts (+€14,535)
- Profit (loss) carried forward -€23,502
new in 2025: -€23,502
- Other debts +€14,535
new in 2025: €14,535
- Debts after one year -€9,033
down €9,033 (-24.7%), from €36,582 to €27,549
- Current portion of long-term debt -€2,811
down €2,811 (-23.7%), from €11,844 to €9,033
- Tax, wage and social debts +€1,556
up €1,556 (+123%), from €1,263 to €2,819
- Gross operating margin -€14,784
down €14,784, from €12,569 to -€2,214
- Depreciation +€12,102
up €12,102 (+185%), from €6,537 to €18,639
- Taxes -€1,117
down €1,117 (-88.5%), from €1,263 to €145
- Financial charges +€942
up €942 (+110%), from €857 to €1,799
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 | €72,564 | €53,337 | -€19,226 | -26.5% |
| Fixed assets | 21/28 | €50,755 | €32,116 | -€18,639 | -36.7% |
| Tangible fixed assets | 22/27 | €50,755 | €32,116 | -€18,639 | -36.7% |
| Land and buildings | 22 | €676 | €507 | -€169 | -25.0% |
| Plant, machinery and equipment | 23 | €781 | - | -€781 | |
| Furniture and vehicles | 24 | €49,298 | €31,609 | -€17,689 | -35.9% |
| Current assets | 29/58 | €21,809 | €21,222 | -€587 | -2.7% |
| Amounts receivable within one year | 40/41 | €11,955 | €6,801 | -€5,155 | -43.1% |
| Trade receivables | 40 | €8,326 | €6,801 | -€1,525 | -18.3% |
| Other amounts receivable | 41 | €3,630 | - | -€3,630 | |
| Cash at bank and in hand | 54/58 | €9,825 | €14,391 | +€4,567 | +46.5% |
| Deferred charges and accrued income | 490/1 | €29 | €30 | +€1 | +3.1% |
| Total equity and liabilities | 10/49 | €72,564 | €53,337 | -€19,226 | -26.5% |
| Equity | 10/15 | €21,848 | -€1,654 | -€23,502 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,248 | €3,248 | = | 0.0% |
| Distributable reserves | 133 | €3,248 | €3,248 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,502 | -€23,502 | |
| Amounts payable | 17/49 | €50,716 | €54,992 | +€4,275 | +8.4% |
| Amounts payable after more than one year | 17 | €36,582 | €27,549 | -€9,033 | -24.7% |
| Financial debts | 170/4 | €36,582 | €27,549 | -€9,033 | -24.7% |
| Amounts payable within one year | 42/48 | €14,134 | €27,443 | +€13,309 | +94.2% |
| Current portion of amounts payable after more than one year | 42 | €11,844 | €9,033 | -€2,811 | -23.7% |
| Trade debts | 44 | €1,028 | €1,056 | +€28 | +2.7% |
| Suppliers | 440/4 | €1,028 | €1,056 | +€28 | +2.7% |
| Taxes, remuneration and social security | 45 | €1,263 | €2,819 | +€1,556 | +123% |
| Taxes | 450/3 | €1,263 | €2,819 | +€1,556 | +123% |
| Other amounts payable | 47/48 | - | €14,535 | +€14,535 | |
| Non-recurring operating income | 76A | - | €3,305 | +€3,305 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,537 | €18,639 | +€12,102 | +185% |
| Other operating charges | 640/8 | €770 | €705 | -€65 | -8.4% |
| Gross operating margin | 9900 | €12,569 | -€2,214 | -€14,784 | |
| Operating profit (loss) | 9901 | €5,263 | -€21,558 | -€26,821 | |
| Financial income | 75/76B | €125 | - | -€125 | |
| Recurring financial income | 75 | €125 | - | -€125 | |
| Financial charges | 65/66B | €857 | €1,799 | +€942 | +110% |
| Recurring financial charges | 65 | €857 | €1,799 | +€942 | +110% |
| Profit (loss) for the period before taxes | 9903 | €4,530 | -€23,357 | -€27,887 | |
| Income taxes | 67/77 | €1,263 | €145 | -€1,117 | -88.5% |
| Profit (loss) for the period | 9904 | €3,268 | -€23,502 | -€26,769 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,268 | -€23,502 | -€26,769 |
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 14 October 2026 via checked.be.