Fix-M: 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-M
Largest movements
- Cash -€4,674
down €4,674 (-16.2%), from €28,884 to €24,210
mainly Investment in fixed assets (net) (-€4,018) and Receivables within one year (-€2,663)
- Receivables within one year +€2,663
up €2,663 (+43.1%), from €6,181 to €8,844
of which Other amounts receivable: +€6,621
- Tangible fixed assets +€1,258
up €1,258 (+26.6%), from €4,721 to €5,979
of which Furniture and vehicles: +€813
- Deferred charges and accrued income -€1,122
down €1,122 (-40.5%), from €2,767 to €1,645
- Stocks and contracts -€615
down €615 (-57.6%), from €1,069 to €454
- Trade debts -€2,534
down €2,534 (-43.2%), from €5,868 to €3,334
- Reserves +€1,999
up €1,999 (+8.4%), from €23,906 to €25,905
- Tax, wage and social debts -€1,192
down €1,192 (-34.6%), from €3,442 to €2,250
of which Taxes: -€1,142
- Other debts -€749
down €749 (-8.0%), from €9,391 to €8,641
- Gross operating margin -€26,738
down €26,738 (-67.7%), from €39,519 to €12,782
- Taxes -€5,284
down €5,284 (-76.7%), from €6,886 to €1,602
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 | €43,621 | €41,131 | -€2,490 | -5.7% |
| Fixed assets | 21/28 | €4,721 | €5,979 | +€1,258 | +26.6% |
| Tangible fixed assets | 22/27 | €4,721 | €5,979 | +€1,258 | +26.6% |
| Plant, machinery and equipment | 23 | €1,513 | €1,958 | +€445 | +29.4% |
| Furniture and vehicles | 24 | €3,208 | €4,021 | +€813 | +25.3% |
| Current assets | 29/58 | €38,900 | €35,152 | -€3,748 | -9.6% |
| Stocks and contracts in progress | 3 | €1,069 | €454 | -€615 | -57.6% |
| Stocks | 30/36 | €1,069 | €454 | -€615 | -57.6% |
| Amounts receivable within one year | 40/41 | €6,181 | €8,844 | +€2,663 | +43.1% |
| Trade receivables | 40 | €6,181 | €2,222 | -€3,959 | -64.0% |
| Other amounts receivable | 41 | - | €6,621 | +€6,621 | |
| Cash at bank and in hand | 54/58 | €28,884 | €24,210 | -€4,674 | -16.2% |
| Deferred charges and accrued income | 490/1 | €2,767 | €1,645 | -€1,122 | -40.5% |
| Total equity and liabilities | 10/49 | €43,621 | €41,131 | -€2,490 | -5.7% |
| Equity | 10/15 | €24,906 | €26,905 | +€1,999 | +8.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €23,906 | €25,905 | +€1,999 | +8.4% |
| Distributable reserves | 133 | €23,906 | €25,905 | +€1,999 | +8.4% |
| Amounts payable | 17/49 | €18,715 | €14,226 | -€4,489 | -24.0% |
| Amounts payable within one year | 42/48 | €18,700 | €14,226 | -€4,475 | -23.9% |
| Trade debts | 44 | €5,868 | €3,334 | -€2,534 | -43.2% |
| Suppliers | 440/4 | €5,868 | €3,334 | -€2,534 | -43.2% |
| Taxes, remuneration and social security | 45 | €3,442 | €2,250 | -€1,192 | -34.6% |
| Taxes | 450/3 | €2,792 | €1,650 | -€1,142 | -40.9% |
| Remuneration and social security | 454/9 | €650 | €600 | -€50 | -7.7% |
| Other amounts payable | 47/48 | €9,391 | €8,641 | -€749 | -8.0% |
| Accrued charges and deferred income | 492/3 | €14 | - | -€14 | |
| Non-recurring operating income | 76A | - | €1,624 | +€1,624 | |
| Remuneration, social security and pensions | 62 | €1,672 | €1,800 | +€128 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,384 | €2,760 | +€375 | +15.7% |
| Other operating charges | 640/8 | €1,033 | €912 | -€121 | -11.7% |
| Gross operating margin | 9900 | €39,519 | €12,782 | -€26,738 | -67.7% |
| Operating profit (loss) | 9901 | €34,430 | €7,310 | -€27,120 | -78.8% |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.1% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.1% |
| Financial charges | 65/66B | €1,927 | €2,043 | +€116 | +6.0% |
| Recurring financial charges | 65 | €1,927 | €2,043 | +€116 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €32,510 | €5,267 | -€27,244 | -83.8% |
| Income taxes | 67/77 | €6,886 | €1,602 | -€5,284 | -76.7% |
| Profit (loss) for the period | 9904 | €25,624 | €3,665 | -€21,960 | -85.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,624 | €3,665 | -€21,960 | -85.7% |
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 7 October 2026 via checked.be.