FIX FOX: 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.
FIX FOX
Largest movements
- Receivables within one year +€36,634
up €36,634 (+85.2%), from €43,009 to €79,643
of which Trade receivables: +€31,559
- Deferred charges and accrued income -€17,044
no longer reported in 2024 (was €17,044)
- Stocks and contracts -€8,900
down €8,900 (-89.8%), from €9,909 to €1,009
- Cash +€2,190
up €2,190 (+155.6%), from €1,407 to €3,597
mainly Tax, wage and social debts (+€27,186) and Deferred charges and accrued income (+€17,044)
- Tax, wage and social debts +€27,186
up €27,186 (+27.0%), from €100,576 to €127,763
of which Taxes: +€22,188
- Profit (loss) carried forward -€15,511
down €15,511 (-15.3%), from -€101,605 to -€117,115
- Advances received +€11,593
up €11,593 (+1918.2%), from €604 to €12,197
- Other debts -€10,803
no longer reported in 2024 (was €10,803)
- Short-term financial debts +€3,566
up €3,566 (+274.3%), from €1,300 to €4,867
- Gross operating margin -€31,741
down €31,741 (-60.3%), from €52,629 to €20,888
- Staff costs -€27,511
down €27,511 (-51.5%), from €53,419 to €25,908
- Other operating charges +€1,929
up €1,929 (+218.1%), from €884 to €2,814
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 | €71,729 | €84,339 | +€12,610 | +17.6% |
| Fixed assets | 21/28 | €360 | €90 | -€270 | -75.0% |
| Tangible fixed assets | 22/27 | €360 | €90 | -€270 | -75.0% |
| Furniture and vehicles | 24 | €360 | €90 | -€270 | -75.0% |
| Current assets | 29/58 | €71,368 | €84,249 | +€12,880 | +18.0% |
| Stocks and contracts in progress | 3 | €9,909 | €1,009 | -€8,900 | -89.8% |
| Stocks | 30/36 | €9,909 | €1,009 | -€8,900 | -89.8% |
| Amounts receivable within one year | 40/41 | €43,009 | €79,643 | +€36,634 | +85.2% |
| Trade receivables | 40 | €43,008 | €74,567 | +€31,559 | +73.4% |
| Other amounts receivable | 41 | €1 | €5,076 | +€5,075 | +563887.8% |
| Cash at bank and in hand | 54/58 | €1,407 | €3,597 | +€2,190 | +155.6% |
| Deferred charges and accrued income | 490/1 | €17,044 | - | -€17,044 | |
| Total equity and liabilities | 10/49 | €71,729 | €84,339 | +€12,610 | +17.6% |
| Equity | 10/15 | -€92,309 | -€107,820 | -€15,511 | -16.8% |
| Contributions | 10/11 | €9,296 | €9,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,605 | -€117,115 | -€15,511 | -15.3% |
| Amounts payable | 17/49 | €164,037 | €192,158 | +€28,121 | +17.1% |
| Amounts payable within one year | 42/48 | €162,509 | €191,398 | +€28,889 | +17.8% |
| Financial debts | 43 | €1,300 | €4,867 | +€3,566 | +274.3% |
| Credit institutions | 430/8 | €1,300 | €4,867 | +€3,566 | +274.3% |
| Trade debts | 44 | €49,226 | €46,572 | -€2,654 | -5.4% |
| Suppliers | 440/4 | €49,226 | €46,572 | -€2,654 | -5.4% |
| Advances received on contracts in progress | 46 | €604 | €12,197 | +€11,593 | +1918.2% |
| Taxes, remuneration and social security | 45 | €100,576 | €127,763 | +€27,186 | +27.0% |
| Taxes | 450/3 | €78,601 | €100,790 | +€22,188 | +28.2% |
| Remuneration and social security | 454/9 | €21,975 | €26,973 | +€4,998 | +22.7% |
| Other amounts payable | 47/48 | €10,803 | - | -€10,803 | |
| Accrued charges and deferred income | 492/3 | €1,528 | €760 | -€768 | -50.3% |
| Remuneration, social security and pensions | 62 | €53,419 | €25,908 | -€27,511 | -51.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €270 | = | 0.0% |
| Other operating charges | 640/8 | €884 | €2,814 | +€1,929 | +218.1% |
| Gross operating margin | 9900 | €52,629 | €20,888 | -€31,741 | -60.3% |
| Operating profit (loss) | 9901 | -€1,944 | -€8,103 | -€6,159 | -316.8% |
| Financial income | 75/76B | €2 | €206 | +€204 | +10271.9% |
| Recurring financial income | 75 | €2 | €206 | +€204 | +10271.9% |
| Financial charges | 65/66B | €8,010 | €7,614 | -€396 | -4.9% |
| Recurring financial charges | 65 | €8,010 | €7,614 | -€396 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,952 | -€15,511 | -€5,559 | -55.9% |
| Income taxes | 67/77 | €135 | - | -€135 | |
| Profit (loss) for the period | 9904 | -€10,087 | -€15,511 | -€5,424 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,087 | -€15,511 | -€5,424 | -53.8% |
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 2 October 2026 via checked.be.