FEXY: 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.
FEXY
Largest movements
- Receivables within one year +€4,923
up €4,923 (+168.8%), from €2,917 to €7,840
of which Trade receivables: +€7,840
- Stocks and contracts -€1,000
no longer reported in 2025 (was €1,000)
- Tangible fixed assets -€471
down €471 (-27.6%), from €1,707 to €1,236
of which Plant, machinery and equipment: -€237
- Deferred charges and accrued income +€177
up €177 (+36.8%), from €480 to €656
- Other debts +€3,357
up €3,357 (+5.0%), from €67,127 to €70,484
- Tax, wage and social debts +€663
new in 2025: €663
- Profit (loss) carried forward -€511
down €511 (-0.6%), from -€81,883 to -€82,394
- Trade debts +€159
up €159 (+6.8%), from €2,347 to €2,507
- Gross operating margin +€17,520
up €17,520, from -€15,202 to €2,319
- Purchases and services -€5,500
down €5,500 (-32.3%), from €17,018 to €11,518
- Other operating charges -€1,047
down €1,047 (-51.4%), from €2,037 to €991
- Financial charges -€1,022
down €1,022 (-76.8%), from €1,331 to €309
of which Financial charges: -€720
- Write-downs +€497
up €497 (+99.0%), from €503 to €1,000
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 | €6,141 | €9,810 | +€3,669 | +59.7% |
| Fixed assets | 21/28 | €1,707 | €1,236 | -€471 | -27.6% |
| Tangible fixed assets | 22/27 | €1,707 | €1,236 | -€471 | -27.6% |
| Plant, machinery and equipment | 23 | €1,141 | €904 | -€237 | -20.8% |
| Furniture and vehicles | 24 | €566 | €332 | -€234 | -41.4% |
| Current assets | 29/58 | €4,434 | €8,574 | +€4,140 | +93.4% |
| Stocks and contracts in progress | 3 | €1,000 | - | -€1,000 | |
| Stocks | 30/36 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €2,917 | €7,840 | +€4,923 | +168.8% |
| Trade receivables | 40 | - | €7,840 | +€7,840 | |
| Other amounts receivable | 41 | €2,917 | - | -€2,917 | |
| Cash at bank and in hand | 54/58 | €37 | €78 | +€40 | +108.8% |
| Deferred charges and accrued income | 490/1 | €480 | €656 | +€177 | +36.8% |
| Total equity and liabilities | 10/49 | €6,141 | €9,810 | +€3,669 | +59.7% |
| Equity | 10/15 | -€63,333 | -€63,844 | -€511 | -0.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,883 | -€82,394 | -€511 | -0.6% |
| Amounts payable | 17/49 | €69,474 | €73,654 | +€4,179 | +6.0% |
| Amounts payable within one year | 42/48 | €69,474 | €73,654 | +€4,179 | +6.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,347 | €2,507 | +€159 | +6.8% |
| Suppliers | 440/4 | €2,347 | €2,507 | +€159 | +6.8% |
| Taxes, remuneration and social security | 45 | - | €663 | +€663 | |
| Taxes | 450/3 | - | €663 | +€663 | |
| Other amounts payable | 47/48 | €67,127 | €70,484 | +€3,357 | +5.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,018 | €11,518 | -€5,500 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | €471 | +€193 | +69.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €503 | €1,000 | +€497 | +99.0% |
| Other operating charges | 640/8 | €2,037 | €991 | -€1,047 | -51.4% |
| Gross operating margin | 9900 | -€15,202 | €2,319 | +€17,520 | |
| Operating profit (loss) | 9901 | -€18,020 | -€143 | +€17,877 | +99.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,331 | €309 | -€1,022 | -76.8% |
| Recurring financial charges | 65 | €1,028 | €309 | -€720 | -70.0% |
| Non-recurring financial charges | 66B | €302 | €309 | +€7 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,350 | -€452 | +€18,899 | +97.7% |
| Income taxes | 67/77 | €56 | €59 | +€3 | +6.1% |
| Profit (loss) for the period | 9904 | -€19,406 | -€511 | +€18,895 | +97.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,406 | -€511 | +€18,895 | +97.4% |
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 3 October 2026 via checked.be.