Firax: 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.
Firax
Largest movements
- Receivables after one year -€4,570
down €4,570 (-45.7%), from €10,000 to €5,430
- Cash -€4,492
down €4,492 (-8.4%), from €53,264 to €48,772
mainly Trade debts (-€5,930) and Tax, wage and social debts (-€4,247)
- Receivables within one year +€2,917
up €2,917 (+29.3%), from €9,949 to €12,866
of which Other amounts receivable: +€12,562
- Profit (loss) carried forward +€29,903
up €29,903, from -€29,903 to €0
- Reserves -€24,085
down €24,085 (-33.9%), from €70,982 to €46,896
- Trade debts -€5,930
down €5,930 (-95.9%), from €6,182 to €252
- Tax, wage and social debts -€4,247
down €4,247 (-29.7%), from €14,298 to €10,051
of which Taxes: -€7,707
- Other debts -€3,353
down €3,353 (-46.4%), from €7,230 to €3,878
- Gross operating margin +€37,057
up €37,057, from -€28,775 to €8,283
- Other operating charges +€980
up €980 (+543.7%), from €180 to €1,160
- Depreciation +€461
up €461 (+47.4%), from €974 to €1,435
- Financial income +€428
up €428 (+47.5%), from €900 to €1,328
- Financial charges +€310
up €310 (+46.9%), from €662 to €972
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 | €74,667 | €69,421 | -€5,247 | -7.0% |
| Fixed assets | 21/28 | €1,286 | €1,757 | +€471 | +36.6% |
| Tangible fixed assets | 22/27 | €1,286 | €1,757 | +€471 | +36.6% |
| Furniture and vehicles | 24 | €1,286 | €1,757 | +€471 | +36.6% |
| Current assets | 29/58 | €73,381 | €67,663 | -€5,718 | -7.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €5,430 | -€4,570 | -45.7% |
| Other amounts receivable | 291 | €10,000 | €5,430 | -€4,570 | -45.7% |
| Amounts receivable within one year | 40/41 | €9,949 | €12,866 | +€2,917 | +29.3% |
| Trade receivables | 40 | €9,854 | €208 | -€9,645 | -97.9% |
| Other amounts receivable | 41 | €96 | €12,658 | +€12,562 | +13115.3% |
| Cash at bank and in hand | 54/58 | €53,264 | €48,772 | -€4,492 | -8.4% |
| Deferred charges and accrued income | 490/1 | €168 | €595 | +€428 | +255.0% |
| Total equity and liabilities | 10/49 | €74,667 | €69,421 | -€5,247 | -7.0% |
| Equity | 10/15 | €46,079 | €51,896 | +€5,817 | +12.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,982 | €46,896 | -€24,085 | -33.9% |
| Distributable reserves | 133 | €70,982 | €46,896 | -€24,085 | -33.9% |
| Profit (loss) carried forward | 14 | -€29,903 | €0 | +€29,903 | |
| Amounts payable | 17/49 | €28,588 | €17,524 | -€11,064 | -38.7% |
| Amounts payable within one year | 42/48 | €28,130 | €16,950 | -€11,180 | -39.7% |
| Financial debts | 43 | €420 | €2,769 | +€2,349 | +559.5% |
| Credit institutions | 430/8 | €420 | €2,769 | +€2,349 | +559.5% |
| Trade debts | 44 | €6,182 | €252 | -€5,930 | -95.9% |
| Suppliers | 440/4 | €6,182 | €252 | -€5,930 | -95.9% |
| Taxes, remuneration and social security | 45 | €14,298 | €10,051 | -€4,247 | -29.7% |
| Taxes | 450/3 | €14,298 | €6,591 | -€7,707 | -53.9% |
| Remuneration and social security | 454/9 | - | €3,460 | +€3,460 | |
| Other amounts payable | 47/48 | €7,230 | €3,878 | -€3,353 | -46.4% |
| Accrued charges and deferred income | 492/3 | €458 | €575 | +€116 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €974 | €1,435 | +€461 | +47.4% |
| Other operating charges | 640/8 | €180 | €1,160 | +€980 | +543.7% |
| Gross operating margin | 9900 | -€28,775 | €8,283 | +€37,057 | |
| Operating profit (loss) | 9901 | -€29,929 | €5,688 | +€35,616 | |
| Financial income | 75/76B | €900 | €1,328 | +€428 | +47.5% |
| Recurring financial income | 75 | €900 | €1,328 | +€428 | +47.5% |
| Financial charges | 65/66B | €662 | €972 | +€310 | +46.9% |
| Recurring financial charges | 65 | €662 | €972 | +€310 | +46.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,690 | €6,043 | +€35,734 | |
| Income taxes | 67/77 | €212 | €226 | +€14 | +6.4% |
| Profit (loss) for the period | 9904 | -€29,903 | €5,817 | +€35,720 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,903 | €5,817 | +€35,720 |
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.