FeNX: 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.
FeNX
Largest movements
- Tangible fixed assets -€7,789
down €7,789 (-33.4%), from €23,321 to €15,532
of which Plant, machinery and equipment: -€5,570
- Receivables within one year -€5,960
down €5,960 (-4.9%), from €120,435 to €114,475
of which Trade receivables: -€55,940
- Cash +€4,260
new in 2024: €4,260
mainly Accrued charges and deferred income (+€21,132) and Depreciation (+€9,030)
- Accrued charges and deferred income +€21,132
new in 2024: €21,132
- Debts after one year -€17,376
down €17,376 (-54.7%), from €31,789 to €14,413
- Profit (loss) carried forward -€12,220
down €12,220 (-19.5%), from €62,521 to €50,302
- Trade debts +€5,275
up €5,275 (+22.9%), from €23,006 to €28,281
- Tax, wage and social debts -€4,495
down €4,495 (-51.6%), from €8,706 to €4,212
- Gross operating margin -€24,805
down €24,805 (-78.9%), from €31,428 to €6,623
- Depreciation -€4,991
down €4,991 (-35.6%), from €14,021 to €9,030
- Taxes -€1,598
down €1,598 (-95.9%), from €1,666 to €68
- Financial charges +€966
up €966 (+30.7%), from €3,149 to €4,114
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.
Cash bridge derived
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 | €155,494 | €145,151 | -€10,343 | -6.7% |
| Fixed assets | 21/28 | €24,562 | €15,532 | -€9,030 | -36.8% |
| Intangible fixed assets | 21 | €1,240 | - | -€1,240 | |
| Tangible fixed assets | 22/27 | €23,321 | €15,532 | -€7,789 | -33.4% |
| Land and buildings | 22 | €4,791 | €2,572 | -€2,219 | -46.3% |
| Plant, machinery and equipment | 23 | €18,531 | €12,961 | -€5,570 | -30.1% |
| Current assets | 29/58 | €130,932 | €129,618 | -€1,314 | -1.0% |
| Amounts receivable within one year | 40/41 | €120,435 | €114,475 | -€5,960 | -4.9% |
| Trade receivables | 40 | €70,206 | €14,266 | -€55,940 | -79.7% |
| Other amounts receivable | 41 | €50,229 | €100,209 | +€49,980 | +99.5% |
| Cash at bank and in hand | 54/58 | - | €4,260 | +€4,260 | |
| Deferred charges and accrued income | 490/1 | €10,497 | €10,884 | +€386 | +3.7% |
| Total equity and liabilities | 10/49 | €155,494 | €145,151 | -€10,343 | -6.7% |
| Equity | 10/15 | €72,521 | €60,302 | -€12,220 | -16.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,521 | €50,302 | -€12,220 | -19.5% |
| Amounts payable | 17/49 | €82,973 | €84,849 | +€1,876 | +2.3% |
| Amounts payable after more than one year | 17 | €31,789 | €14,413 | -€17,376 | -54.7% |
| Financial debts | 170/4 | €31,789 | €14,413 | -€17,376 | -54.7% |
| Amounts payable within one year | 42/48 | €51,184 | €49,304 | -€1,879 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €17,051 | €16,812 | -€240 | -1.4% |
| Financial debts | 43 | €2,420 | - | -€2,420 | |
| Credit institutions | 430/8 | €2,420 | - | -€2,420 | |
| Trade debts | 44 | €23,006 | €28,281 | +€5,275 | +22.9% |
| Suppliers | 440/4 | €23,006 | €28,281 | +€5,275 | +22.9% |
| Taxes, remuneration and social security | 45 | €8,706 | €4,212 | -€4,495 | -51.6% |
| Taxes | 450/3 | €8,706 | €4,212 | -€4,495 | -51.6% |
| Accrued charges and deferred income | 492/3 | - | €21,132 | +€21,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,021 | €9,030 | -€4,991 | -35.6% |
| Other operating charges | 640/8 | €5,723 | €5,843 | +€121 | +2.1% |
| Gross operating margin | 9900 | €31,428 | €6,623 | -€24,805 | -78.9% |
| Operating profit (loss) | 9901 | €11,684 | -€8,250 | -€19,934 | |
| Financial income | 75/76B | €1 | €213 | +€212 | +26496.3% |
| Recurring financial income | 75 | €1 | €213 | +€212 | +26496.3% |
| Financial charges | 65/66B | €3,149 | €4,114 | +€966 | +30.7% |
| Recurring financial charges | 65 | €3,149 | €4,114 | +€966 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €8,536 | -€12,152 | -€20,688 | |
| Income taxes | 67/77 | €1,666 | €68 | -€1,598 | -95.9% |
| Profit (loss) for the period | 9904 | €6,870 | -€12,220 | -€19,090 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,870 | -€12,220 | -€19,090 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.