FENIX SERVICE: what changed
What changed
FENIX SERVICE
NACE 96.910, Personal service activities
filed annual accounts (NBB)
Net result for the year
-€31,668
2024 · €32,579-€64,247
Equity
€420,215
2024 · €451,884-€31,668
Cash
€232,816
2024 · €245,326-€12,509
Balance sheet total
€1.3m
2024 · €1.7m-€425,398
Largest movements
Assets
- Receivables within one year -€400,446
down €400,446 (-27.9%), from €1.4m to €1.0m
of which Trade receivables: -€418,488
Equity and liabilities
- Tax, wage and social debts -€256,801
down €256,801 (-28.1%), from €913,916 to €657,115
of which Remuneration and social security: -€207,501
- Current portion of long-term debt -€200,000
no longer reported in 2025 (was €200,000)
- Provisions +€126,596
new in 2025: €126,596
- Trade debts -€63,455
down €63,455 (-57.9%), from €109,516 to €46,061
- Profit (loss) carried forward -€31,668
down €31,668 (-22.1%), from €143,376 to €111,708
Income statement
- Staff costs -€2.5m
down €2.5m (-40.6%), from €6.1m to €3.6m
- Gross operating margin -€2.4m
down €2.4m (-38.0%), from €6.3m to €3.9m
- Provisions +€126,596
new in 2025: €126,596
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€32,579
Gross operating margin
-€2.4m
Staff costs
+€2.5m
Depreciation
-€1,397
Provisions
-€126,596
Other operating charges
-€5,300
Other operating items
+€1,975
Financial income
+€7,989
Financial charges
-€9,586
Taxes
-€18,771
Result 2025
-€31,668
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€194,786
Investment
-€7,226
Financing
-€200,069
Cash 2024
€245,326
From operations (derived)
+€194,786
Net result for the year
-€31,668
Depreciation
+€20,465
Receivables within one year
+€400,446
Deferred charges and accrued income
-€796
Provisions
+€126,596
Trade debts
-€63,455
Tax, wage and social debts
-€256,801
Investment (derived)
-€7,226
Investment in fixed assets (net)
-€7,226
Financing
-€200,069
Current portion of long-term debt
-€200,000
Short-term financial debts
-€69
Cash 2025
€232,816
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,748,731 | €1,323,333 | -€425,398 | -24.3% |
| Fixed assets | 21/28 | €66,972 | €53,732 | -€13,239 | -19.8% |
| Tangible fixed assets | 22/27 | €64,722 | €51,482 | -€13,239 | -20.5% |
| Plant, machinery and equipment | 23 | €10,263 | €12,866 | +€2,604 | +25.4% |
| Furniture and vehicles | 24 | €50,352 | €35,631 | -€14,721 | -29.2% |
| Other tangible fixed assets | 26 | €4,108 | €2,985 | -€1,122 | -27.3% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €1,681,759 | €1,269,601 | -€412,158 | -24.5% |
| Amounts receivable within one year | 40/41 | €1,435,058 | €1,034,612 | -€400,446 | -27.9% |
| Trade receivables | 40 | €721,951 | €303,463 | -€418,488 | -58.0% |
| Other amounts receivable | 41 | €713,107 | €731,149 | +€18,042 | +2.5% |
| Cash at bank and in hand | 54/58 | €245,326 | €232,816 | -€12,509 | -5.1% |
| Deferred charges and accrued income | 490/1 | €1,376 | €2,172 | +€796 | +57.9% |
| Total equity and liabilities | 10/49 | €1,748,731 | €1,323,333 | -€425,398 | -24.3% |
| Equity | 10/15 | €451,884 | €420,215 | -€31,668 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €289,907 | €289,907 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €288,047 | €288,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,376 | €111,708 | -€31,668 | -22.1% |
| Provisions and deferred taxes | 16 | - | €126,596 | +€126,596 | |
| Provisions for liabilities and charges | 160/5 | - | €126,596 | +€126,596 | |
| Other liabilities and charges | 164/5 | - | €126,596 | +€126,596 | |
| Amounts payable | 17/49 | €1,296,848 | €776,522 | -€520,325 | -40.1% |
| Amounts payable within one year | 42/48 | €1,296,848 | €776,522 | -€520,325 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | - | -€200,000 | |
| Financial debts | 43 | €73,416 | €73,347 | -€69 | -0.1% |
| Credit institutions | 430/8 | €73,416 | €73,347 | -€69 | -0.1% |
| Trade debts | 44 | €109,516 | €46,061 | -€63,455 | -57.9% |
| Suppliers | 440/4 | €109,516 | €46,061 | -€63,455 | -57.9% |
| Taxes, remuneration and social security | 45 | €913,916 | €657,115 | -€256,801 | -28.1% |
| Taxes | 450/3 | €83,552 | €34,252 | -€49,300 | -59.0% |
| Remuneration and social security | 454/9 | €830,363 | €622,862 | -€207,501 | -25.0% |
| Remuneration, social security and pensions | 62 | €6,126,034 | €3,641,896 | -€2.5m | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,068 | €20,465 | +€1,397 | +7.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €126,596 | +€126,596 | |
| Other operating charges | 640/8 | €3,316 | €8,616 | +€5,300 | +160% |
| Non-recurring operating charges | 66A | €2,151 | €176 | -€1,975 | -91.8% |
| Gross operating margin | 9900 | €6,304,793 | €3,908,095 | -€2.4m | -38.0% |
| Operating profit (loss) | 9901 | €154,225 | €110,347 | -€43,879 | -28.5% |
| Financial income | 75/76B | €307 | €8,296 | +€7,989 | +2,602% |
| Recurring financial income | 75 | €307 | €8,296 | +€7,989 | +2,602% |
| Financial charges | 65/66B | €84,997 | €94,583 | +€9,586 | +11.3% |
| Recurring financial charges | 65 | €84,997 | €94,583 | +€9,586 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €69,536 | €24,060 | -€45,476 | -65.4% |
| Income taxes | 67/77 | €36,957 | €55,728 | +€18,771 | +50.8% |
| Profit (loss) for the period | 9904 | €32,579 | -€31,668 | -€64,247 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,579 | -€31,668 | -€64,247 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.